News: Brokerage

Bartley of Nordlund Associates represents C & P Realty Trust in sale of 16,320 s/f building

North Andover, MA Nordlund Associates, Inc. completed the sale of 31–39 Flagship Dr., a five-unit flex/industrial building totaling 16,320 s/f. The sale price was not disclosed.

Rick Bartley of Nordlund Associates represented the seller, C & P Realty Trust in the transaction. The buyer was Martir Realty, LLC. 

The property is comprised of five individual units ranging from 3,200 to 3,520 s/f. 

Doug Pease and Sue Collette, trustees, said, “ We brought in Rick Bartley and Nordlund to assist in the sale of 31-39 Flagship Dr., which had been in our family for more than 40 years. They quickly found an appropriate buyer and helped us navigate through the process to a successful sale.”

 

MORE FROM Brokerage

Hines of Horvath & Tremblay completes the sale of 200 multi-family units in Connecticut for $16.24 million

Norwich, CT Tim Hines of Horvath & Tremblay has facilitated the sale of 200 multi-family units totaling $16.24 million. Hines arranged the sale of an 83 unit multi-family portfolio in Cromwell, Middletown and Norwich, Conn. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9 million.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

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.
End of the year retail thoughts - by Carol Todreas

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.