News: Owners Developers & Managers

Durgin of Conway Commercial brokers sale of 3,900 s/f former bank branch

68 East Grove Street - Middleboro, MA

Middleboro, MA Paul Durgin, vice president of Conway Commercial, brokered the sale of 68 East Grove St., for $795,000.

The property, a former Harbor One Bank branch, contains 3,900 s/f, and is situated on 1.7 acres. Consistent with a typical bank branch it also included a two-lane drive thru.

Durgin represented the seller, Banca LLC and procured the buyer, Prada Hotels, LLC. The buyer, owner of multiple hotels on the East Coast, plans to relocate their headquarters to the new location.

Conway Commercial was established in 1956 as a division of Jack Conway & Company, Inc.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

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
Revitalized Town Centers:  Retail??? - by Carol Todreas

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
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

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
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

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