 (1).png)
News:
Owners Developers & Managers
Posted: September 19, 2007
Burgess Properties and Prudential Prime Properties broker $1.187m sale
Burgess Properties Inc., one of Greater Boston's premier suburban commercial brokerage firms, has brokered the sale of 2 Draper St. for $1.187 million in conjunction with Prudential Prime Properties.
Located on 27,060 s/f of land, 2 Draper St. is a single-story, 14,144 s/f multi-bay facility located off of Montvale Ave.
Five out of the six bays in the building are currently leased to local contractors.
Stephen Nohrden of Burgess represented the buyer, Matthew Piccione and Scott David Cutler. Prudential Prime, represented the seller, Draper St. LLC.
Piccione is a Winchester-based investor and developer and plans to use the available bay for his own business.
MORE FROM Owners Developers & Managers
BGO and Seyon complete acquisition of a 134,413 s/f industrial portfolio
Marlborough, MA BGO, a leading global real estate investment manager, and Seyon, a Boston-based, vertically integrated investor, owner and operator of industrial real estate, have completed the acquisition of a two-building, 134,413 s/f industrial portfolio.
Quick Hits
 (1).png)
Columns and Thought Leadership
IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala
Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers: Retail??? - by Carol Todreas
It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul
Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
August Promotion
