While the last few months have been challenging to say the least, we have still been able to find paths forward to complete several transactions for our clients. Here is “episode 1” of some ‘good news’ (more to follow soon!) ..
We are pleased to announce the successful sales of both 39 Hudson Street and 141 West Street Unit 102! Rosso Commercial brokered the 6.88 Acre land site located on Hudson Street. The property sold to the City of Annapolis, who plans to use the site as the new home for the Department of Public Works. The property traded hands for $2.2M in March. The sale was brokered by John Rosso and Ryan Brassel, who represented the former Owner, Absolute Fire Protection.
The commercial condo located at 141 West St also transacted in March. John Rosso of Rosso Commercial represented The Bozzuto Group in the transaction. Outfitted with a grease interceptor and grease vent shaft, Rosso was tasked by Bozzuto to identify and secure a Buyer that would bring an upscale amenity to the brand new 26-unit condo project located in the West Street Arts District. The condo unit traded for $420,000 and the new owner is planning a coffee shop/wine bar concept.