News: Owners Developers & Managers

O’Brien and Fraser of O’Brien Comm’l. sell 14,000 s/f for $1.3m

121 Brick Kiln Road - Chelmsford, MA

Chelmsford, MA GXP Properties has sold 121 Brick Kiln Rd. to Atlantic Restoration for $1.3 million. 121 Brick Kiln Rd. is a 14,000 s/f office building  located on four acres of industrial land off Rte. 3 and I-495. O’Brien Commercial Properties represented the buyer and seller in this transaction. Eric O’Brien and Sean Fraser of O’Brien Comm’l. were the brokers of record.

And in Acton, Highrock Covenant Church recently purchased two buildings on a four acre site. The buildings are at 255-257 Great Rd. Highrock will be opening their church campus at the site to soon serve the community. HighrockActon paid $1,412,500 for the real estate and $135,000 for the former Makaha Chinese Restaurant. In total they paid $1,547,500. O’Brien Commercial Properties handled the sale.

MORE FROM Owners Developers & Managers

Barnat Development begins work on Phase II of Holmes Beverly - construction led by NEI General Contracting

Beverly, MA Barnat Development has begun construction on Holmes Beverly Phase II, adding 52 apartment homes adjacent to the existing development near the Beverly Depot MBTA commuter rail station. The project is financed through the newly launched Holmes Opportunity Zone Fund, focused on investing in new multifamily construction projects across New England. $10 million of Holmes OZ Fund equity is paired with $21 million in long-term
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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

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,
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
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