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Boston Realty Advisors represents KS Partners in $1.75m bldg. sale
October 14, 2022
Boston, MA Boston Realty Advisors represented KS Partners in the sale of 85-87 Wendell St., a four-story boutique, stand-alone office property in the Financial District of the city.
Davis appoints Cohen as chief operating officer
October 14, 2022
Boston, MA According to The Davis Companies (Davis), Leslie Cohen has been named as its chief operating officer. Cohen is a long-time leader in greater Boston’s real estate community and brings broad experience to Davis
JLL closes sale-leaseback of 108,689 s/f cold storage warehouse
October 14, 2022
Haverhill, MA JLL Capital Markets has closed the sale-leaseback of a class A 108,689 s/f cold storage warehouse with permitted freezer expansion at 10 Creek Brook Dr.
2023 CRE outlook varies by sector - by Gary O’Connor
October 14, 2022
As we enter the fourth quarter of 2022 with many firms transitioning into 2023 planning mode, they do so amid quite a bit of uncertainty. With the possibility of a mild or moderate recession and the potential for inflation to continue–or worse
ERA Key Realty names Fallon as VP of operations
October 14, 2022
Northbridge, MA According to ERA Key Realty Services, Nadine Fallon, a real estate professional with more than 20 years of experience, has been named vice president of operations.
Bartholomew of R.W. Holmes represents seller and procures buyer in $3.4m sale
October 14, 2022
Haverhill, MA R.W. Holmes negotiated the sale of a 22,541 s/f flex building located at 242 Neck Rd. The building was acquired by Richardson Green, Inc. R.W. Holmes vice president Jim Bartholomew represented the seller and procured the buyer.
Berkeley Investments receives full approval for 203,000 s/f facility
October 14, 2022
Billerica, MA Berkeley Investments has received full approvals for its 203,000 s/f cGMP (good manufacturing practices) facility located at 161 Concord Rd. The 161 Concord Rd. facility will become a substantial part of the regional biotech
Colliers Boston life science practice group adds Barry as senior vice president
October 14, 2022
Boston, MA Colliers has appointed Kim Barry as senior vice president in the Boston life science practice group. Barry will call on her experience and knowledge of the sector and the region to help industry-leading
Stubblebine reps Metcon Realty in $20.838m sale to Albany Road Real Estate
October 14, 2022
Plaistow, NH Albany Road Real Estate Fund III, LLC has acquired 144 Main St., a fully leased 177,170 s/f industrial building on 36 acres, from Metcon Realty, LLC. James and David Stubblebine, principals and Ellen Garthoff, senior advisor at The Stubblebine Company represented the seller, Metcon Realty LLC, and directly procured the buyer
Six Rhode Island communities launch electricity aggregation program
October 14, 2022
Providence, RI Six Rhode Island cities and towns have joined together to launch aggregation programs that leverage community-wide buying power to provide their residents and businesses with new options for electricity supply. These Community Electricity Aggregation (CEA) programs
Bellino of Lila Delman Compass sells 250 Ocean Rd. for $5.925 million
October 14, 2022
Narragansett, RI Lila Delman Compass brokered the sale of 250 Ocean Rd., which was pending sale after just four days on the market and ultimately closed for $400,000 over the original listing price.* Ruth Bellino, sales associate and local office manager, represented the buyer. Midge Berkery,
Foncellino Team at Coldwell Banker Commercial leases 3,000 s/f to Bushido
October 14, 2022
Cumberland, RI The Foncellino Team of Coldwell Banker Commercial listed and leased 121 Mendon Rd., a 3,000 s/f retail stand-alone building. The landlord is Strezsak Realty Trust and the tenant is Bushido Martial Arts.
Horvath & Tremblay sells three properties in New England for $17.45 million
October 14, 2022
Central Falls, RI Horvath & Tremblay has completed the sale of three properties in New England for a total of $17.45 million. Horvath & Tremblay’s Aaron Huntley facilitated the sale of a CVS located at 309 Broad St. Horvath & Tremblay represented the buyer to complete the transaction
Arpin International Group's GSA division wins Sterling Lexicon's service excellence award
October 14, 2022
West Warwick, RI Sterling Lexicon presented the Gold Award for Service Excellence to Arpin International Group’s GSA (General Services Administration) division during its annual celebration of suppliers. This award recognizes supplier partners that demonstrate an unwavering commitment to customer service and quality.
Scaralia of Albert sells 3,946 s/f retail center
October 14, 2022
Cranston, RI Albert Scaralia of Albert Realtors listed and sold a 3,946 s/f retail strip center at 10 Budlong Rd. for $530,000 to Diamond Investment Group LLC The seller was Jean Markarian.
Six new RI Ready sites approved by Quonset Development Corp.’s board of directors - by Steven King...
October 14, 2022
Rhode Island Ready (RI Ready) continues to gain momentum as we grow our program across the state. Six new locations were approved by the Quonset Development Corp.’s (QDC) board of directors in August and September, bringing us to eleven total enrolled sites stretching from East Providence to North Kingstown
City of Warwick issues two Request for Proposals for sale/redevelopment - by mayor Frank Picozzi
October 14, 2022
As part of its ongoing efforts to revitalize properties formerly used as public school facilities, on October 11, the city of Warwick issued a Request for Proposals (RFP) for the sale of two properties: the former school administration building, and the former home of the Randall Holden Elementary School.
The Peabody Cos. names Fish-Will as chairperson and Fish-Crane as CEO
October 14, 2022
Braintree, MA According to The Peabody Companies, Karen Fish-Will has been named chairperson and Melissa Fish-Crane, CPM, NAHP-e, will serve as CEO. Both Fish-Will and Fish-Crane are principals of The Peabody Companies.
Steele of Steele Realty Consultants installed as Greater Providence Board of Realtors president
October 14, 2022
East Providence, RI Rita Danielle Steele, the principal broker at Steele Realty Consultants International was installed as the 116th president of the Greater Providence Board of Realtors (GPBOR) on September 14th at the Squantum Association. She previously served as the board’s president-elect,
Waldman Associates sells seven building industrial portfolio in Bourne, MA for $10.575 million
October 14, 2022
Bourne MA A seven-building industrial portfolio consisting of 124,000 s/f has been sold. The addresses are 18-21 Commerce Park Rd., 50 & 53 Portside Dr. and 618 Macarthur Blvd. The sale price was $10.575 million. he buyer was Unicorn Realty, which has major holdings on the South Shore and this is the first purchase on the Cape.