News: Owners Developers & Managers

Curley of O'Brien Commercial Properties brokers $3.5 million sale

Cadd Edge, Inc. purchased 241 Boston Post Rd. for $3.5 million. The building was half leased to a single tenant at the time of the sale. David Curley, a senior associate at O'Brien Commercial Properties exclusively represented, the seller, 241 Realty LLC, in the transaction. Lincoln Property Company represented the buyer in this transaction. Also, Haley & Ward has purchased 5,000 s/f at 63 Great Rd. in Maynard. Haley & Ward has been in business for over 100 years and will be relocating its corporate headquarters to Mill Pond Sq. as soon as their renovations are completed in the brick and beam business center. The mixed use multi-tenant building was recently converted to business condominiums by the owner. The seller Lexvest Partners and 63 Great Road Partners, LLC was represented by O'Brien Comm'l. The property sold for $650,000.
MORE FROM Owners Developers & Managers

Life Time opens 60,000 s/f athletic club at BXP’s Prudential Center in the Back Bay

Boston, MA Life Time, one of the nation’s premier healthy lifestyle brand, debuted Life Time Prudential Center — representing its first downtown city destination and seventh in Massachusetts — opening its doors inside the city’s Back Bay landmark.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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.
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.
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.