Harrington of CB Richard Ellis brokers $5 million off market sale

According to CB Richard Ellis, Michael Harrington, vice president and managing broker, has brokered the off-market sale of C.R. Sparks Restaurant and The Event Center, located at 18 Kilton Rd., to Group 1 Automotive. The sale is estimated at $5 million according to the Registry of Deeds. Harrington represented Group 1 Automotive, a Fortune 500 automotive retailer, identified and negotiated the sale of the property. The sale of the 4.33-acre site represents the culmination of Group 1's two-year search for the new home of Ira Lexus, which has outgrown its current space at 33 Auto Center Rd. in Manchester. Over these two years, Harrington has presented Group 1 with several creative alternatives, but none as high quality as 18 Kilton Rd. The availability of this type of property is very rare and it is a prime location. C.R. Sparks Restaurant and The Event Center will lease back the property until the end of 2008. Group 1 plans to redevelop the facility into a Class A Lexus dealership.

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Prescott IOS secures lease of 151 Rivermoor St. for Eastern Bus Co. at 151 Rivermoor St. in West Roxybury

West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.

Northshore Phoenix High School moves to 10,744 s/f at Cummings Center

Northshore Phoenix High School moves to Cummings Center

Combined Properties leases 18,581 s/f in Centennial Park to HTS Engineering

Combined leases 18,581 s/f to HTS Engineering

Summit brokers freestanding Taco Bell entry into Cape Cod market

NAI Glickman Kovago & Jacobs brokers acquisition of Quarry Square

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