News: Owners Developers & Managers

Clark and Cohan of The Mega Group facilitate $1.81 million sale

6 Garden Street - Danvers, MA

Danvers, MA The Mega Group is has finalized the sale of 6 Garden St. for $1.81 million. The subject property is 9,232 s/f industrial type building with an office tenant in place taking up the front 2,960 s/f. There is an additional 6,272 s/f of light industrial flex space, suitable for all trades, warehousing, or general office with a 10x10 delivery roll-up accessible by loading dock. The property features three-phase commercial grade electric, four newer 7.5 ton rooftop central heat and AC units and 32 off-street parking spaces.

Jason Clark of The Mega Group represented the seller, Garden Street Partners and Colleen Cohan of The Mega Group represented the buyer, GEMS Realty.

The purpose of the sale was retirement and the buyers will owner occupy the space to headquarter their commercial bakery business known as Cookie Monstah. Cookie Monstah currently has four locations: Swampscott, Peabody, Burlington and Needham. 6 Garden will be their new home office and commercial distribution kitchen.

MORE FROM Owners Developers & Managers

Atlantic Property Management expands facilities maintenance platform: Assigned two new facility management contracts in RI

Boston, MA Atlantic Property Management (APM) has expanded its internal facilities maintenance and operations platform and has been assigned two new facility management contracts in Rhode Island. The properties will undergo redevelopment and repositioning
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New Quonset pier supports small businesses and economic growth - by Steven J. King

New Quonset pier supports small businesses and economic growth - by Steven J. King

Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.