Shrewsbury, MA Tyler DeWolfe and Nishan Papazian of Greater Boston Commercial Properties, Inc. closed two sales totaling $5.025 million. DeWolfe and Papazian represented the seller, Tucker Farm, LLC, in the sale of 2.09 acres located at 709-715 Hartford Tpke.
Medford, MA Combined Properties Inc., a full-service real estate investment and development firm, has extended a 14,628 s/f lease of industrial space to SRS Distribution at 206-210 Mystic Ave. SRS Distribution is a wholesale roofing products distributor that serves professional roofing contractors.
Chestnut Hill, MA Chestnut Hill Realty (CHR) has been selected to a national list of 2024 Best Places to Work in Multifamily. The accolade was announced at the Multifamily Innovation Summit in Phoenix, AZ, in early December. The company ranked #11 nationally
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,
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
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.
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.
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.
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
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
