News:
Owners Developers & Managers
Posted: February 16, 2024
O’Brien of Greater Boston Commercial Properties sells 40,374 s/f industrial building for $2.55 million
Shirley, MA Bret O’Brien of Greater Boston Commercial Properties, Inc. represented the buyer in the acquisition of 76 Walker Rd. The 40,374 s/f industrial building is located on 5.01 acres. Cash Flow Realty Trust purchased the property at the end of 2023 as an investment at a purchase price of $2.55 million.
The sale price represents a cap rate of 10.14% on the 2024 income with future increases over the long-term lease with Thermofab Corp.
Joel Aho of Aho Properties represented the seller.
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)
Quick Hits
Columns and Thought Leadership
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,
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
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
 (1).png)