 (1).png)
News:
Owners Developers & Managers
Posted: August 4, 2011
Fairlane Properties, Inc. purchases 275 Wildwood Avenue for $16.1 million - 172,000 s/f property
Fairlane Properties, Inc. purchased 275 Wildwood Ave., a 172,000 s/f industrial and office building on 17 acres, for $16.1 million. Michael Grill, president of Fairlane Props. will lead the newly-formed Fairlane Wildwood, LLC.
275 Wildwood Ave., a one-story warehouse building with second floor offices, is located in the industrial southwest quadrant of the intersection of Rte. 128 and I-93. The building is 100% occupied by Anixter International, a global distributor of communications and security products, and Verizon New England for its operations base with a fleet of trucks servicing the immediate area.
Brookline Bank provided financing of $11.1 million for the purchase. Fairlane Properties raised $5.35 million in a private equity placement with numerous local investors. Gary Lemire and Matt Pullen of CB Richard Ellis represented the seller, Colony Realty Partners. Ken Oppenheim of Lincoln Property Company will serve as property manager for the asset.
MORE FROM Owners Developers & Managers
Routine Properties acquires Bristol Business Park at 383 Middle St. - 406,665 s/f industrial campus
Bristol, CT Routine Properties, a boutique real estate development and investment firm specializing in industrial assets throughout the Northeast, has acquired the Bristol Business Park, a 406,665 s/f industrial campus located at 383 Middle St.
.png)
Columns and Thought Leadership
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch
On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
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
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
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