Wednesday, July 10, 2013

Mantra in Boston Goes On the Auction Block

A French-Indian fusion restaurant in downtown Boston that closed about a year ago is going to be heading to auction next week.

The Boston Business Journal is reporting that the now-shuttered Mantra on Temple Place will be auctioned off on Friday, July 19, with Salvadore Auctions & Appraisals of Rhode Island setting up the auction of the nearly 10,000-square-foot space. The group behind Mantra--One World Cuisine--also closed Cafe of India in the Harvard Square section of Cambridge, though they still run Mela in Boston's South End, Kashmir and Mumbai Chopstix in the Back Bay, Bukhara in Jamaica Plain, Dosa Factory in the Central Square section of Cambridge, and Diva in the Davis Square neighborhood of Somerville, according to the BBJ.

[July 22 update: The Boston Hospitality and Tourism Industry Blog mentions that the Mantra space was sold for $1.725 million at the auction, and that this price does not include a liquor license for the spot. (There is no word as of yet on what might be going into the space.)]

[July 23 update: A new article in the Boston Business Journal states that Amir Youshaei, who owns Paz Jewelry across the street from the now-closed Mantra, was the high bidder at the auction and is now the owner of the property. (It is still not known what will be done with the space.)]

The address for the now-closed Mantra was 52 Temple Place, Boston, MA, 02111.


Labels: , , , ,

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home