News: Owners Developers & Managers

Melanson of MANSARD completes $2.9 million
sale of 3 Stanley Tucker Drive

Newburyport, MA Chris Melanson of MANSARD has completed the $2.9 million sale of 3 Stanley Tucker Dr. Melanson represented the seller in this transaction. 

3 Stanley Tucker Dr. features two 12’ high drive-in doors, nine private offices, a boardroom, fitness room, kitchenette, and a warehouse with a clear height of 22’. With premier location in the Newburyport Industrial Park located near I-95, 495 and Rte. 1. The property has been meticulously maintained during the ownerships tenure and has every local amenity you could ask for. Newburyport Industrial Park is at the edge of the Newbury Marshes. The industrial park provides a wide range of jobs involving manufacturing, technology, and distribution. Newburyport is on a major north-south highway, I-95 also within minutes of the Newburyport Commuter Rail Line. The outer circumferential highway of Boston, I-495, passes nearby in Amesbury.

3 Stanley Tucker Dr. was formally the International headquarters for Zampell Refractories, INC. The building features 10,000 s/f of warehouse and 8,500 s/f of office space. The property was delivered vacant to an owner/user.

Melanson, who specializes in Northern MA and Southern NH Industrial and Office assets described the transaction as “An excellent asset that, through premiere stewardship of preservation and pride of ownership, has held value and opportunity. The next group is a great fit for the building and both parties left feeling satisfied.” He said, “Our process here at MANSARD produced multiple offers that we were able to guide our client through and ultimately reach the best outcome.”

The Zampell family regarding the lease of 17 Malcolm Hoyt Dr. and sale of 3 Stanley Tucker Dr. said, “Chris Melanson and Jeremy Cyrier, CCIM of Mansard did a great job representing our family for both sale and lease transactions. As a closely-held, family company, having a partner like Mansard was integral to achieving a great outcome that met our personal and business needs. Mansard built a strategy for each property that they developed in partnership with our family goals, then took a consultative approach and advised on all aspects of each deal. We are pleased we made the right choice to work with Mansard!”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

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

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
Revitalized Town Centers:  Retail??? - by Carol Todreas

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

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