 (1).png)
News:
Owners Developers & Managers
Posted: February 12, 2016
Santoro of Kinlin Grover sells East Harbour Motel & Cottages
Nat Santoro, Kinlin Grover Commercial
East Harbour Motel & Cottages - North Truro
North Truro, MA According to Kinlin Grover Commercial Real Estate in Orleans, Sonja Soderberg has sold the East Harbour Motel & Cottages to Eric Shapiro of the Lexvest Group.
This 2.43 acre waterfront property has 7 two bedroom cottages, an 8 room motel, a 1 bedroom apartment, and a 2 bedroom owner’s quarters totaling 8,452 s/f. The property sold in December for $2.55 million after a yearlong lease/purchase contract.
The transaction was handled by Nat Santoro, CCIM of Kinlin Grover Commercial who represented the sellers, and Phil Scholl, formerly of Kinlin Grover Truro and now with Philip Scott Realty, who represented the buyer. Lexvest intends to convert the property to condominiums.
Kinlin Grover Commercial Real Estate was honored to be part of this transaction, and wishes the new owner success with his purchase.
MORE FROM Owners Developers & Managers
Devli Real Estate acquires 118 Rte. 17 North - a 67,000 s/f flex industrial/retail asset
Upper Saddle River, NJ Devli Real Estate completed the acquisition of 118 Rte. 17 North, a 67,000 s/f flex industrial/retail asset situated on 6.3 acres with prime highway frontage. The property is strategically positioned along the Rte. 17 corridor, one of Northern New Jersey’s most active and supply-constrained commercial sub-markets.
.png)
Columns and Thought Leadership
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
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
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
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