New England Real Estate Journal

October

December 22, 2009 - Spotlight Content
Koury, Heald and Borden of Jones Lang LaSalle handle $16.5 million sale of 172,000 s/f Queen Plaza, Southington, CT to RK Associates Luers of Tamposi-Nash R.E. sells 35,000 s/f Avery Furniture Building, Nashua, NH to Harbor Homes for $1.35 million Inglese and Montesi of New Haven Group sell two building portfolio in Bloomfield and Granby, CT, 30,400 s/f, for $3.3 million DonFrancesco of St. James R.E. Advisors negotiates 11,000 s/f office lease for Equity Office Props. with DTZ FHO in Boston Paradigm Properties awarded management contracts for four commercial sites, 682,000 s/f, in Cambridge and Boston Caganello of Prudential Conn. Realty brokers 10,189 s/f $1.19 million sale for Hartford Ave. Assoc. to McGregor & Cinque Legacy R.E. acquires 12,792 s/f medical offices for $3.321 million; Cambridge Savings Bank provides financing O'Connell and Coulombe of Fantini & Gorga arrange $14.8 million financing for 136 unit Riverplace Apts. in South Portland, ME Petti of Arbor Commercial Funding originates $1.875 million multifamily loan, 48 units; Fannie Mae DUS Small Loan Apartment Realty Advisors brokers $9 million sale of 91 unit Crystal Village Apartments to Village Residential in Attleboro, MA Dickinson Development signs Market Basket, 95,000 s/f to anchor $20 million Riverside Landing in New Bedford, MA Horvath, Tremblay and Taf of Marcus & Millichap sell $9.7 million Coventry Crossing Center, 20,752 s/f for Hachet Development Marriott International leases 32,000 s/f office at River's Edge in Medford, MA, developed by Preotle, Lane & Associates McNamara of Sullivan Hayes Cos. brokers $5 million sale, 5.32 acres, for Price Chopper Supermarket at Washington St. Plaza in RI Shawmut Design & Construction starts $25 million renovation to Marine Biological Laboratory's Loeb Lab in Woods Hole, MA Pro Con to design-build 8.1m Courtyard by Marriott for Schleiber & Stebbins and Oleo; Laconis Savings financing Acella Construction opens 19,500 s/f $4.6 million Briarcliff Gardens Alzheimers facility designed by Vision 3 Architects Scafati of Press/Cuozzo leases 8,710 s/f office-storage space for Hurley Group to Thiro USA in North Haven, CT Stevens of The Stevens Group reps Trico USA in its $3.75 million purchase of 50,000 s/f industrial building in South Boston. Braun and Cawley of United Multi Family broker $220,000 sale of 13 units in Providence for Imperial Capital Savings QBJ Land development breaks ground for 85,000 s/f BJ's Wholesale Club in Quincy; a $20 million investment. Denenberg Realty Advisors brokers two leases, 20,000 s/f, to Family Dollar Stores in Salem and Middleboro, MA Waldman of The Conrad Group negotiates $1.645 million sale for Hanover Shop Realty Trust's 14,000 s/f plaza Cedar Shopping Center's Shops at Suffolk Downs features 75,000 s/f Stop & Shop in the 118,000 s/f center O'Neill of Grossman Companies brokers 10,713 s/f lease renewal for iParty at Quincy Granite Place Elcock & Demakes of Colliers Meredith & Grew execute 31,140 s/f for lease with CB Richard Ellis/N.E. in Waltham Wilcox of Bulfinch and McKinnon of Grossman Cos. lease 40,625 s/f at Waltham Tech Center to New England Organ Bank Edward of Lincoln Property leases 21,000 s/f for AP Levin R.E. to Mass. Department of Public Health at 99 Chauncy St., Boston