News: Owners Developers & Managers

Scanio and Gitlin of Cambridge Capital Advisors broker $1.8 million sale

Michael Scanio and Bryan Gitlin, managing partners of Cambridge Capital Advisors, represented the seller, Orchid Investment LLC, in the $1.8 million sale of its multi-tenant, professional office building, located at 36-38 Mechanic St. The 24,600 s/f building, comprised of 17 units, is 100% leased and is sited on a .99 acre lot. Major tenants in the building include Aggregate Industries, Merry Maids, Stopa and Associates, Tiger Lilly Day Spa, and Foxboro Reporter/Sun Chronicle. Tianqi (TQ) Wang of TQ Realty, Inc. represented the buyer, DW Realties, LLC. Cambridge Capital Advisors, LLC is a commercial real estate firm that provides strategic real estate advisory and consulting services to both private and institutional clients throughout the country on the acquisition and disposition of investment properties.
MORE FROM Owners Developers & Managers

BGO and Seyon complete acquisition of a 134,413 s/f industrial portfolio

Marlborough, MA BGO, a leading global real estate investment manager, and Seyon, a Boston-based, vertically integrated investor, owner and operator of industrial real estate, have completed the acquisition of a two-building, 134,413 s/f industrial portfolio.
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Columns and Thought Leadership
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

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