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Northeast Private Client Group facilitates two sales totaling $10.1 million
December 20, 2024
Norwalk, CT Northeast Private Client Group (NPCG) has facilitated the sale of Skyview Gardens, located at 21 Seir Hill Rd. for $4.8 million. Vice president, investments Rich Edwards, Jeff Wright and associate Derek Mahabir represented the seller
Choyce Peterson arranges three headquarter leases - 8,093 s/f
December 20, 2024
Stamford, CT Choyce Peterson, Inc., a full-service commercial real estate brokerage and consulting firm, has completed the following lease negotiations: • Oban BioPharma (Oban), a biotechnology firm, has signed for its new 3,062 s/f headquarter lease at 1 Landmark Sq.
Marcus & Millichap brokers $7.1 million sale of Town Fair Tire headquarters
December 20, 2024
East Haven, CT Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, completed the $7.1 million sale of the Town Fair Tire headquarters. The portfolio included a 207,000 s/f distribution
Cushman & Wakefield welcomes Mulready as managing director
December 20, 2024
Hartford, CT Cushman & Wakefield welcomed Patrick Mulready to the firm as managing director, where he will primarily focus on investment sales and office leasing in tandem with the firm’s established team led by Joel Grieco, executive director. Bringing over two
Massirio and Wilks of O,R&L Commercial sell two properties for $12 million
December 20, 2024
Hartford, CT Luke Massirio and Thom Wilks of O,R&L Commercial have completed the sale of two properties for the Materials Innovation and Recycling Authority (MIRA). The two properties were 171 Murphy Rd. and 211 Murphy Rd. The properties were purchased together for $12 million,
GSB donates historic office building to The Guilford Foundation
December 20, 2024
Guilford, CT GSB, as part of its longtime commitment to supporting the local community, has officially donated the building at 44 Boston St. to The Guilford Foundation. This donation recognizes and values a partnership spanning more than 20 years, during which GSB provided
Lyman Real Estate completes
$300,000 sale of 6,495 s/f property
December 20, 2024
Haddam, CT According to Ron Lyman, CCIM, CEO of Lyman Real Estate Brokerage & Development, Lyman has completed the sale of the commercial property at 125 Saybrook Rd., Rte. 154. Lyman Brokerage & Development associate Sam Lyman represented seller Lawrence Conti.
Arrow Security appoints Bernier senior vice president of New England region
December 20, 2024
Hartford, CT Arrow Security has appointed James Bernier, CPP as senior vice president of New England to the company to oversee the region’s security operations. Bernier has more than 25 years of experience in security management and law enforcement,
CBRE arranges $19.1m sale of 73,060 s/f Holly Pond Plaza to Sendero Capital and TPG Angelo Gordon fo...
December 20, 2024
Stamford, CT The CBRE team of Jeff Dunne, Steve Bardsley and Travis Langer, in collaboration with Brannan Knott and Chris Bodnar of CBRE’s U.S. Healthcare Capital Markets, have arranged the $19.1 million sale of Holly Pond Plaza, located at 1281 E Main St.
Dining in transition: The future of Portland’s restaurant scene - by Derek Miller
December 20, 2024
Portland’s restaurant industry has recently made headlines, though unfortunately for all the wrong reasons. A wave of restaurant closures has drawn attention from media outlets across Maine, with the Portland Press Herald, MaineBiz, and Maine Public all recently covering the local businesses closing their doors.
Greene of Compass Providence sells 4,500 s/f 102 Williams St. for $1.7 million
December 20, 2024
Providence, RI Compass negotiated the sale of 102 Williams St. for $1.7 million. Kira Greene, a founding agent of Compass Providence, represented the seller, and Annie Becker of Lila Delman Compass’ Newport office represented the buyer.
Griffith and Pepdjonovic of Marcus & Millichap broker $9.075 million sale
December 20, 2024
West Roxbury, MA Marcus & Millichap closed the sale of Spring Street Apartments, 97 Spring St., a 32-unit apartment property in the Boston neighborhood. The asset sold for $9.075 million. Evan Griffith and Tony Pepdjonovic, senior vice presidents in Marcus & Millichap’s Boston office
How on-campus hotels are catalysts for long-term university value and impact - by Harry Wheeler
December 20, 2024
The new year will be a pivotal moment for campus-based hotel developments. The convergence of resources, financing, and benefits makes this approach increasingly viable, with the profitability of such projects creating a long-term return on investments (ROI) for higher education entities and developers alike. Universities have increasingly embraced
Mott & Chace Sotheby’s International Realty sells 435 Angell St. for $1.85 million
December 20, 2024
Providence, RI Mott & Chace Sotheby’s International Realty brokered the sale of 435 Angell St. for $1.85 million. The sellers were represented by Cherry Arnold and Carl Henschel, both sales associates of Mott & Chace Sotheby’s. The Erkkinen-Cohen Group of Residential Properties, Ltd.
CBRE arranges sale of 59-unit Ellis Factory Lofts for Chinburg Properties to SMC Management
December 20, 2024
Haverhill, MA Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler negotiated the sale of Ellis Factory Lofts, a 59-unit, class A apartment building. CBRE represented the seller, Chinburg Properties, a New Hampshire-based developer. The team
Aho Properties closes $1.35 million sale of 10,920 s/f industrial building
December 20, 2024
Acton, MA Joel Aho, president of Aho Properties, LLC and Max Geesey of Aho Realty Group represented ownership in the sale of 5 Granite Rd. for $1.35 million. The 10,920 s/f building is located on 1.28 acres.
Norton of Horvath & Tremblay sells two multi-family properties $2.525 million
December 20, 2024
North Andover, MA Spencer Norton of Horvath & Tremblay has facilitated the sale of two transactions totaling nine units for a total of $2.525 million. 100 Elm St. is a mixed-use property that Norton sold for $1.225 million. This represents a price of $245,000 per unit and a cap rate of 7.05%. The property contains
Muraida promoted to senior vice president, director of commercial real estate banking at Rockland Tr...
December 20, 2024
Boston, MA Rockland Trust has promoted Richard Muraida to senior vice president, director of commercial real estate banking. In this newly created role, Muraida will be responsible for overseeing the bank’s institutional non-owner-occupied investment real estate activities while continuing to manage Rockland Trust’s low income
Durgin of Conway Commercial negotiates 16,000 s/f office sale for $2.565 million
December 20, 2024
Lynn, MA Paul Durgin, vice president of Conway Commercial, brokered the sale of 173 Oxford St. for $2.565 million. The multi-level office building, built in 1910, contains 16,000 s/f of private offices, conference rooms, kitchens, and bullpen areas. The building, located in downtown, was recently
Nickerson of Fieldstone Commercial Properties leases 9,500 s/f flex space
December 20, 2024
Acton, MA Fieldstone Commercial Properties, Inc. negotiated the leasing of 9,500 s/f of flex space at 43 Nagog Park to Control Resources, Inc. Nate Nickerson of Fieldstone represented the tenant.