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Cronheim Mortgage secures $24 million financing for Avon Marketplace - a 78,687 s/f lifestyle shoppi...
July 12, 2024
Avon, CT Cronheim Mortgage has secured $24 million in permanent financing for Avon Marketplace, a 78,687 s/f lifestyle shopping center on 17.29 acres. Dev Morris, Andrew Stewart, and Allison Villamagna placed the five-year loan with a portfolio lender
Colliers closes $62 million refinancing for 230-unit Addison apartment community - CrossHarbor Capit...
July 12, 2024
East Boston, MA Colliers Capital Markets has arranged a $62 million refinancing for Addison, an apartment community comprising 230 units. A Colliers team led by executive vice president & national debt & equity platform leader Jeffrey Black, vice presidents Bryan Koop and Sean Burke, co-chairman Kevin Phelan and financial analyst Matthew Lombardi
Nahigian invited to speak at C5+CCIM Global Summit
July 12, 2024
Hollywood, FL The National Association of Realtors has invited Rob Nahigian,FRICS,SIOR,CRE, MCR of Auburndale Realty Co. to speak on September 17 and 18, 2024 at the national convention for CCIM known as the C5+CCIM Global Summit. The national convention will be held at the Seminole Hard Rock Hotel and Casino.
Nahigian of Auburndale Realty speaks on panel for Rhode Island Association of Realtors on impact of ...
July 12, 2024
Warwick, RI Rob Nahigian, FRICS, SIOR, MCR, CRE of Auburndale Realty Co. served as a panelist for the Rhode Island Association of Realtors (RIAR) webinar on June 13th. The program was named “Adapting and Thriving: Transforming Real Estate Transactions Together”.
Alves of Elite Commercial Realty at KW Commercial sells 3,323 s/f strip center
July 12, 2024
Malden, MA Michael Alves of Elite Commercial Realty at KW Commercial on behalf of the buyer Pace Energy Corp. sold 475-481 Ferry St. for $1.2 million.
R.W. Holmes Realty arranges $6 million sale of Clark’s Block at 1-23 Main St. in downtown Natick, ...
July 12, 2024
Natick, MA R.W. Holmes Realty has completed the sale of the historic Clark’s Block at 1-23 Main St. in downtown for $6 million. The property, a well-known landmark since 1872, was sold to Clark’s Block LLC by KIC 2 Summer LLC.
Boys & Girls Club of Pawtucket named 2024 Champion in Action by Citizens and NBC10
July 12, 2024
Pawtucket, RI Boys & Girls Club of Pawtucket has been named a Citizens’ 2024 Champion in Action for their efforts to prepare students and workers for in-demand digital and technology jobs. Announced jointly by Citizens and NBC10, Boys & Girls Club of Pawtucket will receive $50,000 in unrestricted funding,
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Berkshire Hathaway HomeServices Robert Paul Properties complete record-breaking sale on Cape Cod - 8...
July 12, 2024
Osterville, MA Berkshire Hathaway HomeServices Robert Paul Properties, a division of Commonwealth Realty Group, LLC, has completed the sale of 835 Sea View Ave., marking the top residential sale and highest- priced transaction on Cape Cod to date, at $22.75 million.
The John Flatley Company leases 9,700 s/f to Design Brand Partners at the Merrimack Commerce Center
July 12, 2024
Merrimack, NH The John Flatley Company completed construction on its new, first-class flex building at the Merrimack Commerce Center, and has signed its first tenant, Design Brand Partners. Design Brand Partners, formerly Holmris US, partners with Scandinavian & European design brands
Kelleher, Peck and Pentore of Horvath & Tremblay sell Longwoods Mobile Home Park for $5 million
July 12, 2024
Deering, NH Dennis Kelleher, William Peck, and John Pentore of Horvath & Tremblay have completed the sale of Longwoods Mobile Home Park at a sale price of $5 million. Longwoods Mobile Home Park is located at 43 Martin Rd.
Stallkamp and Gemmecke of The Boulos Company broker 43-unit portfolio sale for $8.5 million
July 12, 2024
Newmarket, NH The Boulos Company’s Christian Stallkamp and Katherine Gemmecke brokered a 43-unit portfolio sale of properties to multiple buyers on behalf of Condor Capital, LLC for a total of $8.5 million. St. Kyrillos, LLC purchased 100 and 100.5 Main St. for $4.6 million.
Capstone Communities LLC and Hope Real Estate Enterprises' Frost Terrace receives Preservation Award...
July 12, 2024
Cambridge, MA Capstone Communities LLC (Capstone) and Hope Real Estate Enterprises LLC (Hope Real Estate) will be honored by Preservation Massachusetts with a 2024 Preservation Award for their project Frost Terrace, a 100% affordable apartment community.
Jumbo Capital sells 155,975 s/f flex space
facility to Ajax Partners for $24.5 million
July 12, 2024
Norwood, MA Privately held real estate investment firm, Jumbo Capital has completed the sale of its property at 1400 Providence Hwy., to Ajax Partners of New York. The 155,975 s/f flex space facility off of Rte. 1 is comprised of three separate single and multi-story buildings.
Project of the Month: Construction begins on The Residences at Slade Farm - being designed by HDS Ar...
July 12, 2024
Somerset, MA Construction is underway at The Residences at Slade Farm – a new 120-unit residential community that will be part of Fairfield Commons. The project is being developed by Marc Landry of High Road Hospitality, and was designed by HDS Architecture, a Boston-based architectural design firm that concentrates in designing distinctive commercial residential communities throughout New England.
Downtown Realty facilitates sale of Lake Street Apartments for $4.4 million
July 5, 2024
Nashua, NH Downtown Realty has completed the successful closing of the Lake Street Apartments, located at 87-89 Lake St. for $4.4 million in June of 2024. Matthew Lefebvre represented
O’Brien Commercial Properties brokers sale of six office condos for $1.625 million
July 5, 2024
Littleton, MA O’Brien Commercial Properties, Inc. brokers’ Eric O’Brien and Rob McGarry have sold 531 King St., consisting of six office condos, totaling 6,300 s/f on 1.75 acres of land.
Denenberg Realty Advisors facilitates sale for 440-unit multi-family development
July 5, 2024
Wakefield, MA Neil Denenberg, president of Denenberg Realty Advisors, attended the ground-breaking ceremony for The Basin Development located on a 24-acre site at 200 Quannapowitt Pkwy. Denenberg Realty Advisors, represented both the seller, Waterstone Wakefield, LLC,
Auburndale Realty assists Groton Ayer on 10,000 s/f warehouse expansion at 95B Fitchburg Rd.
July 5, 2024
Ayer, MA Auburndale Realty Co., and Rob Nahigian, FRICS, SIOR, CRE, MCR have arranged the 10,000 s/f lease expansion of warehouse space at the Groton Ayer LLC facility, 95B Fitchburg Rd. The space was leased by Elliott Auto Supply Co. Inc.
Spire trades into Beverly apartment complex
- brokered by Girolamo of Horvath & Tremblay
July 5, 2024
Beverly, MA Jay Goldberg, president & owner of Spire Investments, continues to be active among both sellers and buyers on the North Shore. Recently, Steve Girolamo of Horvath & Tremblay brought an off-market buyer to purchase Spire Investment’s 21-unit multi-family property at 296-300 Washington St. in Salem, Mass. at a sale price of $5.325 million.
Stebbins Commercial Properties LLC and Keller Williams Gateway Realty arrange $1.2 million sale
July 5, 2024
Salem, NH Mike Reed, president of Stebbins Commercial Properties LLC, has completed the sale of the 7,500 s/f office building at 287 Lawrence Rd. from DOT CUBE LLC of Windham, NH, to World Mission Society Mission of God of New Windsor, NY.