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The Stubblebine Company/CORFAC International and Commonwealth Property Associates secure $5 million sale

Leominster, MA The Stubblebine Company/CORFAC International and Commonwealth Property Associates secured the $5 million sale of 27 Nashua St. to All Star Sports. Alan Ringuete of The Stubblebine Company procured the buyer, Ampac Enterprises, also known as All Star Sports,

R.W. Holmes brings 320 Norwood Park South to 100% occupancy with 6,000 s/f lab lease

Norwood, MA R.W. Holmes has negotiated a 6,000 s/f lab lease at 320 Norwood Park South, bringing the building to 100% occupancy. Hilltop Bio, a veterinary biotech company built on a foundation of compassion for animals and the veterinary professionals who care for them

Premier Commercial brokers $24m sale of
Provincetown Inn to Linchris Capital Partners

Provincetown, MA John Ciluzzi, president of Premier Commercial of Centerville, has marketed and sold the property located at 1 Commercial St., known as the Provincetown Inn, for $24 million. The sale occurred on December 22 to Linchris Capital Partners, a local hospitality company based in Plymouth. Linchris owns and manages a number of hospitality properties in the market.

The DSF Group acquires 225 units in
$74 million sale arranged by CBRE

Marlborough, MA CBRE has completed of the $74 million sale of Talia Apartments, a 225-unit luxury apartment community located within the MetroWest employment market.  This residential community was acquired by a fund advised by The DSF Group from Fairfield and its institutional partner.

Opportunity zones remain attractive options for tax deferral - by Morris, Kaplan and Royce

Despite current market challenges, Qualified Opportunity Funds (QOFs) remain an attractive option for investors to defer capital gains on the underlying investment and to receive other tax benefits in return for investing in real estate and businesses located in economically disadvantaged areas designated as Opportunity Zones.

F.W. Madigan Company and Maugel DeStefano Architects to lead design build team for the restoration of former Worcester Boys Club

Worcester, MA Construction manager F.W. Madigan Company (Madigan), Inc., in partnership with Maugel DeStefano Architects, will lead a collaborative design-build project for the adaptive reuse of the historic former Worcester

MAG Capital Partners acquires 74,000 s/f stone production facility in Barre, VT

Barre, VT MAG Capital Partners acquired a 74,000 s/f, 13.8-acre stone production facility, which is referred to as the “Granite Center of the World.” The sale-leaseback-structured transaction was completed with Adams Granite Company, a manufacturer in North America

Vecchi joins Marr Scaffolding Company

Boston, MA Industry veteran John Vecchi has joined Marr Scaffolding Company’s Scaffold Division as sales representative / project manager. Vecchi will be responsible for sales, estimation

Girolamo of Horvath & Tremblay arranges sale of eight multifamily units in Salem, Mass. for $2.625 million

Salem, MA Stephen Girolamo of Horvath & Tremblay has arranged the sale of eight units. Horvath & Tremblay represented the seller and procured the buyer to close the properties at a sale price of $2.625 million. The multifamily investment properties are located at 277 Lafayette St.

Suffolk, Wounded Warrior Project and Home Base expand Home Base National Center of Excellence

Boston, MA Suffolk, Wounded Warrior Project and Home Base launched expansion of the Home Base National Center of Excellence, which will serve as a dedicated clinical space for Special Operators and Veterans impacted by traumatic brain and polytrauma injuries from war and training.