News: Owners Developers & Managers

O’Brien and Gatti of Greater Boston Commercial Properties represents seller in $2.589 million sale - purchased by Bellingham Investments, Inc.

125 Depot Street - Bellingham, MA 125 Depot Street - Bellingham, MA

Bellingham, MA Bret O’Brien and Benjamin Gatti of Greater Boston Commercial Properties (GBCP) recently represented the seller of 125 Depot St. in a $2,586,513 sale. The 87,200 s/f property was purchased by Bellingham Investments, Inc., which is an affiliate of Ace Torwell. Ace Torwell will occupy most of the building manufacturing spreaders, sanders and plows.GBCP was the sole broker of record in this transaction.

Also, O’Brien represented the landlord in leasing 8,009 s/f at 239 South St. in Hopkinton, Mass.  O’Brien procured the tenant Gorman Richardson Lewis Architects in a long term lease of the entire6,685 s/f top floor of this three story office property. The firm will relocate from 77 Main St. in Hopkinton where it has been located for the last fifteen years.   

GBCP also leased 1,324 s/f on the second floor to Electronic Fluorocarbons for its Mass. management office of it manufacturing operations located in Pennsylvania. O’Brien was the sole broker of record in both transactions.

MORE FROM Owners Developers & Managers

Crescent Village Shopping Center trades to new owner for $1.75 million

Monroe, CT Crescent Village Shopping Center located at 115 Main St. has been sold to new owners. The multi-building retail center sold for $1.75 million or just under $142.00 per ft. The three buildings total 12,340 s/f on 1.54 acres
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,
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
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