News:
Brokerage
Posted: January 30, 2026
Girolamo of Horvath & Tremblay facilitates $17.96 million sale of four multifamily props.
Lynn, MA Stephen Girolamo of Horvath & Tremblay has facilitated the sale of four multifamily transactions totaling 77 units for a total of $17.96 million. Horvath & Tremblay represented the seller on three of the transactions and successfully completed a 1031 exchange for the client who was the buyer on the fourth transaction.
The multifamily investment properties are located at 9 Needhams Landing Rd. (42 units), 135-139 Lawton Ave. (17 units), 413 Boston St. & 8 Carnes St. (12 units), and 59 Elm St. (6 units).
Girolamo represented the seller exclusively in the sale of Lawton, Boston, Carnes and Elm properties and represented him in the purchase of Needhams Landing for $9.9 million.
The properties are well positioned in the city, situated around Western Ave. (Rte. 107), one of the city’s primary commercial and commuter corridors. The properties offer direct connections to downtown, the Lynnway, and Rte. 1A, as well as convenient regional access to Boston and surrounding North Shore communities.
The locations are highly walkable, with numerous retail, dining, and neighborhood amenities nearby, and are well-served by public transportation, including MBTA bus routes and the Lynn commuter rail station.
MORE FROM Brokerage
Kelleher and Pentore of Horvath & Tremblay sell a 15-unit multi-family property in Chelsea, MA for $3.55 million
Chelsea, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of a 15 units for $3.55 million. 827-835 Broadway, which is a value-add type asset, is situated in a high-density, urban-infill neighborhood.
Quick Hits
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
