 (1).png)
News:
Owners Developers & Managers
Posted: July 15, 2022
Klein and Lyman of Marcus & Millichap handle $3.75 million sale of 54,845 s/f industrial property
Auburn, MA Marcus & Millichap completed the sale of 17 Saint Mark St., a 54,845 s/f industrial property, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $3.75 million.
Harrison Klein and Mark Lyman, investment specialists of The Klein Group in Marcus & Millichap’s Boston office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.
Lyman said, “The sale of 17 Saint Mark St. is a great outcome for both the buyer and seller. The property has a significant amount of deferred maintenance in which the buyer will take on and, in the process, turn the building into a modern light manufacturing/warehousing facility. The seller was able to achieve their desired price and dispose of the asset with a solid return.”
MORE FROM Owners Developers & Managers
Windsor approves redevelopment of 500 Day Hill Rd. for mixed-use residential community
Windsor, CT The town has granted approvals for the redevelopment of 500 Day Hill Rd., clearing the way for a mixed-use residential community that will convert a former office campus into a housing development totaling approximately 300 residential units
.png)
 (1).png)
Columns and Thought Leadership
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
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
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
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,