Fwd: Parking Lot at 41 Bellis Circle

1 Mar
2023
1 Mar
'23
1:05 p.m.
FYI- from Doug Brown
Cambridge Montessori School just sold their parking lot to Senne Development for $6.35 million. (Senne purchased the property as 41 Bellis Circle LLC, a newly registered LLC). The property is just under an acre in size.
The school had purchased the property for $7,375,000 back in 2017, with the intent of expanding their school, meaning they took a loss of over $1 million on the sale.
Senne has a history of flipping properties for a quick profit.
Just thought you might want to know.
-Doug
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