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DeMatteo Management Expands Portfolio in Broadview Heights

Christian Brothers Automotive on Long-Term Lease
January 18, 2018
DeMatteo Management Inc., a Boston-based property management company, acquired the Christian Bros. Automotive facility at 4965 E. Royalton Rd. for $2.66 million, or approximately $526 per square foot.

Located in Broadview Heights, the single-story building totals 5,057 square feet and features nine roll-up doors.

Christian Brothers Automotive, an auto-repair company founded in 1982, master leased the building for the next 15 years, according to CoStar information.

Jason Vitorino and Shannon Nettles of Strive Real Estate represented the seller, while Al Cohen of State Southern Realty represented the buyer.

Please see CoStar COMPS #4087765 for more information on this transaction.
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