 (1).png)
News:
Owners Developers & Managers
Posted: August 5, 2016
King and Samberg of King & Newton complete two sales totaling $1.525 million
Thomas King, King & Newton, LLC
Richard Samberg, King & Newton
Monson, MA King & Newton, LLC Commercial Real Estate completed the sale of an industrial building at 96 Palmer Rd. The 56,000 s/f property sold for $825,000. Thomas King, CCIM of King & Newton negotiated the sale. Northeast Investment, LLC sold the property to 3G Management, LLC.
96 Palmer Road - Monson, MA
The property consists of a single story modern industrial building located on 5.62 acres of land. The property will be completely renovated and remodeled to be used for a growth facility for medical marijuana.
Also, Richard Samberg of King & Newton arranged the sale of Maple Apartments located at 19-25 Maple St. and 2-10 Temple St., Springfield, Mass. The property sold for $700,000 and was sold by ODIN Holdings, LLC to Temple Property Group
The apartment building is a unique 3 story brick building located one block from Springfield’s CBD, near the Federal Court House, across from Springfield Museums and 2 blocks from the future MGM Casino.
MORE FROM Owners Developers & Managers
Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point - Residence Inn by Marriott and Moxy Hotel
Portland, ME Colwen Hotels celebrated the opening of Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, the first hotel in the city’s Thompson’s Point district. Developed by XSS Hotels and managed by Colwen Hotels, the five-story, dual-branded property introduces 148 guestrooms to one of southern Maine’s fastest-growing waterfront destinations.
Quick Hits
 (1).png)
Columns and Thought Leadership
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
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
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
August Promotion
