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News:
Owners Developers & Managers
Posted: September 10, 2015
O'Brien and Belsito of O'Brien Commercial Properties LLC broker $1.2 million sale
Viking Moving & Storage has purchased 55 Domino Dr. The property is a 15,648 s/f high bay warehouse building. The sale price was $1.2 million. Eric O'Brien and Joseph Belsito of O'Brien Commercial Properties LLC (OCP) represented the seller, Palmer Movers and OCP directly procured the buyer.
Belsito and O'Brien also recently leased the entire second floor of 319 Waverly Oaks Rd. in Waltham to the House of Restoration. The tenant was represented by OCP, while John Nachtmey of CRG Commercial represented the landlord.
In addition, Houston-based Soft Serve Inc. recently secured first class office space at 30 Nagog Park in Acton. This building which is home to Liberty Mutual Insurance, Info Tree Software and several other tenants is now well over 90% leased. Belsito and O'Brien represented the landlord while Nagog Associates represented the tenant.
MORE FROM Owners Developers & Managers
WinnCompanies acquires 290-unit housing property - begins $41.5 million rehabilitation
Chicopee, MA WinnCompanies has acquired a 290-unit affordable housing property in western Massachusetts in a deal that renews the community’s expiring affordability protections and kicks off a $41.5 million rehabilitation to address significant deferred maintenance.
Quick Hits
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Columns and Thought Leadership
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
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
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
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