New England Real Estate Journal

March

December 22, 2009 - Spotlight Content
York and Farley of CBRE represent The Phoenix Cos. in $8.7 million sale of 90,000 s/f offices in Northeast Utilities in Hartford, CT CW Capital Asset Mgmt. and Wells Fargo sell 227 room Holiday Inn, Tewksbury, to Twin Tier for $7.05 million; Plasencia reps seller Beacon Communities breaks ground on $29 million redevelopment of Sharon, MA school; Mass. Dev. Bank of America finance bonds Pro Con Inc installs exterior panels for 150 room Renaissance Hotel for S&S Hotels at Patriot Place, Foxborough, MA Danais Realty Group represents Moto-Star Tire in acquisition of 144,000 s/f distribution center with Cushman-Wakefield - $3.365 million Fletcher of Coldwell Banker Millett sells 27,000 s/f Marketplace Mall in Lewiston, ME for $1.75 million Inglese and Montesi of New Haven Group broker $8 million office sale, 130,000 s/f, to Rose Smart Growth Investment Fund I Jones Lang LaSalle wins BOMA TOBY awards for One Financial Center, Boston, and Westboro Exec. Park in +1 million s/f category Brome and Yates of HFF rep borrower Talcott Realty in $35 million refinancing for 621,305 s/f One Financial Plaza in Hartford, CT Marcone Capital arranges $7.35 million financing for 600 Cordwainer Dr, Norwell, MA; 54,000 s/f three story office site J.M. Feeney places $5.3 million for 947 Extra Space Storage units, 120,000 s/f, in Danvers, MA Ashworth Mortgage handles $2.117 million loan for 75,000 s/f warehouse/disribution facility in East Providence, R.I. Norvath and Tremblay of Marcus & Millichap sell Walgreens in Leominster, MA 14,744 s/f, for $9.352 million Paolino of Link Commercial acquires 21,908 s/f commercial sites in Lincoln, RI for $5.87 million Kelly and Edwards of Arbor Commercial arrange $2.66 million for 66 apts. in Terryville, CT and $2.69 million for 24 units in Randolph, MA New Boston Fund signs Sun Products for 45,615 s/f lease at its Trefoil Corporate Park, Trumbull, CT; plans renovations Central Healthcare Initiatives purchases Beverly Hospital Hunt Center, Danvers, MA for $4.5 million; Jones Lang LaSalle agent for seller Halprin of New England Retail Props. sells Goff Brook Shoppes, Wethersfield, CT.; 71,493 s/f to Goff Brook R.E. for $6.8 million Lee Kennedy Co. completes $63 million LEED certified mgmt./academic building at Simmons College; Cannon designs 66,500 school Tishman named CM for $15 million restoration at New England Conservatory; Wessling Archts. designs Jordan Hall, other buildings Chozick and Levitz of Chozick Realty broker $3.55 million 80 apt. sale for Diamond Court-CHFA to Diamond Court Realty, Waterbury, CT Klemmer Assoc. sole broker in $1.4 million sale of Ipswich Chronicle building; 19,000 s/f purchased by EBSCO Publishing Lashar, McKenzie and Leone of Richards Barry Joyce & Ptrs. handle 4 leases, 140,466 s/f at Solomon Pond Park office site Bands of Marcus & Millichap brokers $16.5 million sale of Charter Oak Marketplace, Hartford, for seller Centro Props.; 259,056 s/f Fantini & Gorga arranges $8 million financing for Hecht Development's Mansfield (MA) Marketplace; 23,840 s/f retail center Construction on Sam Park & Co.s' $60 million mixed use Gloucester Crossing underway for Market Basket, Marshalls & Staples Galvin of H. Pearce Commercial sells Vicky's Corner restaurant, Madison, CT; 5,00 s/f site sold to Donahue Bros. for $1.3 million TRB Development Group completes 11,970 s/f CVS at Redstone Plaza, Stoneham, MA.; BKA Architects designer