Kroger interim CEO Ron Sargent buys former Celtics co-owner Steve Pagliuca's Back Bay mansion
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Kroger interim CEO Ron Sargent buys former Celtics co-owner Steve Pagliuca's Back Bay mansion
"Ron Sargent, the interim CEO of Kroger and former CEO of Staples, just dropped $11.5 million on former Boston Celtics co-owner Steve Pagliuca's Back Bay mansion. The home, which had a listing price of $10.995 million, generated significant interest, receiving multiple bids, and went under contract within four days, according to a representative for George Sarkis, CEO and co-founder of The Sarkis Team at Douglas Elliman, who had the listing."
"Built in 1890, 362 Marlborough St. was originally known as the George Wheatland House. Sitting on a coveted 2,688-square-foot corner lot, the 5,680-square-foot, single-family brownstone was previously a multi-family residence until Pagliuca and his wife, Judy, a biotech investor, transformed the space from 2021 to 2022. They bought the property for $5.1 million in 2015 when it was configured as two condominiums."
""This was a custom for them. This wasn't a spec. They poured their heart and soul into this," Sarkis told Boston.com when the property hit the market in October. "There were no expenses spared here." A heated front walkway leads to the front steps of the four-bed, seven-bath (three full, four-half) brownstone and to the first level, which functions as a hosting area with a formal living room, dining room, and butler's kitchen."
Ron Sargent, interim CEO of Kroger and former Staples CEO, bought a Back Bay brownstone at 362 Marlborough St. for $11.5 million. The 5,680-square-foot single-family residence on a 2,688-square-foot corner lot was built in 1890 and converted from multi-family units after Pagliuca and his wife renovated it from 2021 to 2022; they had purchased it for $5.1 million in 2015. The listing attracted multiple bids and went under contract within four days. The five-bedroom, seven-bath home features custom millwork, modern finishes, a heated front walkway, elevator access, a primary suite with a two-sided fireplace, and formal entertaining spaces including a butler's kitchen.
Read at Boston.com
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