Riverside Properties Secures 160 Gould Street in Needham for $19 Million
June 14, 2025 - 04:13
NEEDHAM, MA — Wellesley, MA-based Riverside Properties has purchased 160 Gould Street, a 135,272-square-foot office building in the Boston suburb of Needham, MA, for $19 million. This acquisition represents a significant discount compared to its previous sale, highlighting a favorable opportunity for the real estate firm in a competitive market.
The property, located in a prime area, is expected to attract a variety of tenants looking for office space in the Greater Boston region. Riverside Properties aims to enhance the building's appeal through strategic renovations and upgrades, which may include modernizing common areas and improving energy efficiency.
The acquisition aligns with Riverside Properties’ strategy to expand its portfolio in suburban markets, where demand for office space remains steady. As businesses continue to adapt to changing work environments, the firm is optimistic about the potential for long-term growth and value appreciation at this location. The transaction underscores the ongoing evolution of the real estate landscape in the Boston area.
MORE NEWS
July 6, 2026 - 22:21
An Austin Estate With Front-Row Skyline Views Lists for $10 MillionA contemporary home in Austin`s coveted Zilker neighborhood has come up for sale with a $10 million price tag, offering a rare mix of hill-country seclusion and sweeping city views. The property...
July 6, 2026 - 11:39
Morena Proposes Creating a "National Real Estate Alert" as a Strategy Against Property SeizuresMexico City has recorded more than 20,000 property seizure investigations since 2020, prompting lawmakers from the ruling Morena party to introduce a bill for a `National Real Estate Alert` system....
July 5, 2026 - 21:45
I Am Buying Real Estate Hand Over Fist, For Income And Asset PreservationReal estate investors are doubling down on property acquisitions, not out of blind optimism, but as a calculated move to lock in income and protect capital. The strategy centers on equity Real...
July 5, 2026 - 02:36
11 US states where the 30% housing rule still holds up--- The 30% Housing Rule Still Works in These 11 States, But None Are in the South For decades, financial advisors have pushed the `30% rule` -- the idea that no more than 30% of your gross...