News: Owners Developers & Managers

Durgin of Conway Comm'l. sells 10,000 s/f building for $1.4 million

Conway Commercial, a division of Jack Conway & Co. brokered the sale of a building to CJMPK, LLC and Leo Keka, who will move his restaurant Alba, across the street to the new site in the spring. The 10,000 s/f building, located at 1486 Hancock St., sold for $1.4 million. Keka is in the process of renovating the building including the roof-top deck. Paul Durgin, VP of Conway, represented the owner of the building, the Chin family, and procured the buyer. Assisting in the transaction was Joseph Chan of Conway-Quincy. "It's a Quincy landmark. It's exciting to see what the new owner is doing, and the finished product should be a great asset to the community," said Durgin. Built in 1918 for $40,000, this granite building was originally constructed and occupied by the Quincy Trust Co. The bank left the property in the 1980s, and has been home to retail and restaurant operations.
MORE FROM Owners Developers & Managers

Cathartes and Tidemark set to open first phase of Marlo on Mill Pond

Portsmouth, NH According to Cathartes and Tidemark, the first of new luxury waterfront apartment homes will become available this fall in the city’s West End. Located at 75, 85 and 95 Addorio Way, Marlo on Mill Pond will feature 151 studio,
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
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

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
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