March 22, 2007
Building's new owner calls for redevelopment
By Matthew L. Brown
A group that plans to redevelop 88 Shrewsbury St. finalized the purchase of the building for $825,000.
88 Shrewsbury Street LLC, which is managed by Steven E. Greene from Hartford Turnpike in Shrewsbury according to the Secretary of the Commonwealth's office, bought the 14,000 square-foot building and accompanying land from Shrewsbury Street Investments.
According to broker Glickman Kovago & Co., Greene plans to redevelop the property, which now houses a Verizon store and one other business, and lease space there to retail businesses.
Brokers said Verizon would be moved out of the building during construction, but would be offered space there once work is done.
88 Shrewsbury Street LLC, which is managed by Steven E. Greene from Hartford Turnpike in Shrewsbury according to the Secretary of the Commonwealth's office, bought the 14,000 square-foot building and accompanying land from Shrewsbury Street Investments.
According to broker Glickman Kovago & Co., Greene plans to redevelop the property, which now houses a Verizon store and one other business, and lease space there to retail businesses.
Brokers said Verizon would be moved out of the building during construction, but would be offered space there once work is done.
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