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Johnson, Higgins and Umphrey of Kelleher & Sadowsky facilitate $9.3 million sale-leaseback
October 7, 2022
Worcester, MA Brian Johnson, Drew Higgins and Jim Umphrey of Kelleher & Sadowsky facilitated a sale-leaseback of 15 Coppage Dr. for $9.3 million.
Goldberg of Spire Investments acquires 12-unit apartment building for $2.45m - brokered by Marcus & ...
October 7, 2022
Peabody, MA Jay Goldberg of Spire Investments acquired 7 Oak St., for $2.45 million. The property consists of 12 apartment units and is comprised of mostly spacious two- and three-bedroom units.
Faros Properties completes $11 million refinance of Anchor Inn and Greydon House on Nantucket
October 7, 2022
Nantucket, MA JLL Capital Markets has arranged an $11 million refinancing for the Anchor Inn and Greydon House. JLL worked on behalf of the borrower, Faros Properties, to secure a fixed-rate loan through Tristan Pierce
What time is the right time? - by Gamble Wiseman
October 7, 2022
“Here it comes…” My dispatcher and service manager, Luann, is fond of saying when we get close to the shoulder months. In the trades, and in HVAC in particular, a shoulder month is a time when the outside temperature
It’s already fall, can you believe it? - by Scott Forte
October 7, 2022
It looks like the federal reserve will continue its interest rate hikes to curb inflation. What does that mean for the real estate market? Federal chair Jerome Powell said, “The deceleration in housing prices that we’re seeing should
Property of the Month: Kelley Family Properties' entity, JP Irving, LLC, sells 65,520 s/f 6 Loudon R...
October 7, 2022
Concord, NH JP Irving, LLC, an entity of Kelley Family Properties, has sold 6 Loudon Rd., a 65,520 s/f office building. The building was acquired by Sarnia Seacoast, LLC. Ethan Cole of North Atlantic Commercial Real Estate Investments, LLC
In adversity there is opportunity - by Bill Norton
October 7, 2022
It is the first day of fall. The weather has turned cooler and we are finally getting some rain. The primaries are over, and the mid-term elections are seven weeks out. Billions of dollars will be spent, much, if not most of it wasted
MRA brokers three sales and three leases
October 7, 2022
Portland, ME Maine Realty Advisors (MRA) negotiated three sales and three leases in August • 5 Wade St., Augusta: A 7,600 s/f office building, sold to Capital Area Properties, LLC by Retail Association
Harrington of Malone Commercial named Maine Commercial Assn. 2022 Realtor of the Year
October 7, 2022
Portland, ME Malone Commercial Brokers’ Pete Harrington has been honored with the Maine Commercial Association 2022 Realtor of the Year Award.
Farley and Bacon of SVN Masiello broker $6.6 million sale of 75 acres
October 7, 2022
Hudson, NH Matt Bacon and Cassandra Farley of SVN Masiello Commercial completed the $6.6 million sale of 161 Lowell Rd. to Lowell Road Property Owner DE, LLC. The buyer was represented by David Stubblebine, principal
DECCO, Inc. offers new critical equipment handling services
October 7, 2022
Nashua, NH DECCO, Inc. introduced its newest service at the ISPE Boston Product Show. DECCO’s new critical equipment handling services group offers professional rigging services of vital equipment.
Peck, Kelleher, and Pentore of Horvath & Tremblay sell 42-unit Rosewood Apartments for $10.4m
October 7, 2022
Salem, NH William Peck, Dennis Kelleher, and John Pentore of Horvath & Tremblay have completed the sale of the Rosewood Apartments, a 42-unit apartment complex located at 1-7 Meisner Circle. The asset sold for $10.4 million
Porta & Co. negotiates two leases - 5,648 s/f
October 7, 2022
Brunswick, ME Paper Crane Acupuncture and Wellness, LLC leased 1,648 s/f of retail space from The Tontine Mall located at 149 Maine St. Tim Millett of Porta & Co. brokered the transaction.
Ferrari of Prolman Realty brokers $350,000 sale
October 7, 2022
Nashua, NH Prolman Realty, Inc. brokered the sale of 74 Northeastern Blvd. Units 13 & 14 to Sirra Holdings, LLC. Lisa Ferrari, who represented Tescelani Holdings, LLC (seller) said, “The 4,800 s/f office condominium
Atlantic Capital Partners sells former Sears site at Fox Run Mall for $11.5 million
October 7, 2022
Newington, NH Atlantic Capital Partners brokered the $11.5 million sale of At Fox Run, a former Sears anchor to the Fox Run Mall. Situated near downtown Portsmouth, the asset offers a redevelopment opportunity to reimagine
Reed of Stebbins brokers $2.801m sale of development site
October 7, 2022
Bedford, NH Mike Reed, president of Stebbins Commercial Properties LLC brokered the sale of a 23-acre development site on Old Bedford Rd. from The Roman Catholic Bishop of Manchester
Rowell promoted to vice president of preconstruction services at Landry/French
October 7, 2022
Scarborough, ME Landry/French Construction has promoted Mason Rowell to vice president of preconstruction services. Rowell joined Landry/French in 2011 as an assistant project manager and has risen through
East Brown Cow acquires Lower Exchange St. portfolio for $13.4 million - brokered by Malone Commerci...
October 7, 2022
Portland, ME East Brown Cow has acquired four historic buildings on Lower Exchange St. The transaction is one of the largest in the Old Port since East Brown Cow’s $11.7 million Middle St. portfolio acquisition of 4 Canal Plaza, 178 Middle St., and 184 Middle St. in January, 2021.
Healey of The Boulos Company sells 100,450 s/f industrial/flex for $14.9 million to Foxfield, LLC
October 7, 2022
Salem, NH Chris Healey of The Boulos Company represented Foxfield, LLC in the off-market purchase of 21 Northwestern Dr. for $14.9 million. The 100,450 s/f industrial/flex property has 15.26 acres
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IFMA Boston Hosts 2nd Annual Cocktails & Cornhole on the Lawn
October 4, 2022
Medford, MA IFMA Boston’s newest signature fall event is the Cocktails & Cornhole on the Lawn event to be hosted at River’s Edge on October 12th from 4-6 PM. This event was premiered at this year’s FMForward conference