News: Owners Developers & Managers

Ogasapian and Gilkie of R.W. Holmes represents the Fortier Family in $2.3m sale

Tewksbury, MA R.W. Holmes has completed sale of 1628 -1636 Shawsheen St. The three-acre site sold for $2.3 million. R.W. Holmes represented the seller, the Fortier Family, while MassMulch acquired the property.

MassMulch, a growing landscape supply company serving residential and commercial customers across Massachusetts, plans to utilize the site to store materials and better serve its growing customer base.

“Despite its challenges, 1628-1636 Shawsheen offered an excellent opportunity for industrial outdoor storage users to own a site that is just 2 minutes off I-93 corridor. We selected a great buyer that remained steadfast throughout a lengthy permitting process. We are very pleased with the outcome of a collaboration between both buyer and seller,” said Mike Ogasapian, SIOR, senior vice president at R.W. Holmes. 

Ogasapian, along with R.W. Holmes senior vice president David Gilkie, SIOR, represented the seller in the transaction.

R.W. Holmes is consistently ranked as one of the largest commercial real estate brokerage firms in Massachusetts.

MORE FROM Owners Developers & Managers

Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point - Residence Inn by Marriott and Moxy Hotel

Portland, ME Colwen Hotels celebrated the opening of Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, the first hotel in the city’s Thompson’s Point district. Developed by XSS Hotels and managed by Colwen Hotels, the five-story, dual-branded property introduces 148 guestrooms to one of southern Maine’s fastest-growing waterfront destinations.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

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
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