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Lila Delman Compass sells 25 East Shore Rd. on Great Island for $2.4 million
September 16, 2022
Narragansett, RI Lila Delman Compass negotiated the sale of 25 East Shore Rd. for $2,417,875. This transaction marks the highest sale in the history of Great Island, according to data maintained by the Rhode Island Statewide MLS.* Lila Delman Compass participated in both sides of the record sale, with
Bank Rhode Island provides $10.5 million in financing for the acquisition and conversion for Residen...
September 16, 2022
Providence, RI The commercial real estate division of Bank Rhode Island (BankRI) has closed a deal with 180 GMC, LLC to provide $10.5 million in financing for the acquisition and conversion of the former Tockwotton building. The property will be transformed into the Residences at India Point,
BioEcho Life Sciences GmbH signs 3,800 s/f lease at Cummings Property’s TradeCenter 128
September 16, 2022
Woburn, MA BioEcho Life Sciences GmbH, an international biotechnology firm, is opening its first office in the United States at Cummings Property’s TradeCenter 128. The Germany-based company is leasing 3,800 s/f of office and laboratory space.
Bergin of Pearce Real Estate handles 1,800 s/f lease to State Farm affiliate at Baybrook Plaza
September 16, 2022
West Haven, CT According to Barbara Pearce, chair and CEO of Pearce Real Estate, senior commercial specialist John Bergin completed his second long-term lease of office space at Baybrook Plaza.
The Stubblebine Co. facilitates $4.3m sale to Arrowhead Capital
September 16, 2022
Hanson, MA Arrowhead Capital LLC has acquired 68 Industrial Blvd., a modern 41,000 s/f industrial building located on a large paved lot (3.43 acres) for $4.3 million.
Balletto, Edwards and Paterno of Northeast Private Client Group broker $4.95 million portfolio sale
September 16, 2022
Bridgeport, CT Northeast Private Client Group (NEPCG) has completed the sale of the Fairfield and Stratford Portfolio. Senior vice president investments Brad Balletto and senior associates Richard Edwards and Robert Paterno represented the seller and procured the buyer for the multifamily transaction.
Murphy joins North Easton Savings Bank
September 16, 2022
Easton, MA According to North Easton Savings Bank, Kevin Murphy has joined the bank as a mortgage loan officer. In this role, Murphy will use his extensive mortgage experience and caring attitude to provide his clients with personal
Norton of Horvath & Tremblay sells 18-unit property for $2.675 million
September 16, 2022
Haverhill, MA Spencer Norton of Horvath & Tremblay has arranged the sale of an 18-unit multifamily property. Norton exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $2.675 million.
O’Brien and Papazian of GBCP negotiates 63,803 s/f in leases for Patriot Holdings, LLC
September 16, 2022
Marlborough, MA Bret O’Brien and Nishan Papazian of Greater Boston Commercial Properties, Inc. (GBCP) negotiated five leases totaling 63,803 s/f at 896 Boston Post Rd. GBCP was the sole broker of record
Aho Properties represents seller and procured the buyer in sale of 143 Colony Rd. for $7.25m
September 16, 2022
Gardner, MA Joel Aho, president of Aho Properties, represented the seller and procured the buyer directly in the sale of 143 Colony Rd. for $7.25 million.
Arrowpoint Properties completes $26.7 million purchase of 120-unit garden style apartment complex
September 16, 2022
Worcester, MA Arrowpoint Properties has completed the purchase of Tatnuck Square Apartments for $26.7 million. The property is a 120-unit garden style community consisting of five two-and-a-half story brick apartment buildings
Boston Realty Advisors secures $53.4 million loan from Cambridge Savings Bank and Barings for 35 Bra...
September 16, 2022
Allston, MA Boston Realty Advisors has arranged debt financing for 35 Braintree St., a 149-unit transit-oriented development by Jones Street Investment Partners.
Four ways Proptech can enhance Customer Experience - by Curtis Williams
September 9, 2022
How online property technology, or Proptech, smooths and optimizes real estate transactions seems so well-known today that real estate industry firms might forget that just 20 years ago, less than half of the software applications used in 2022 existed.
Koogler joins Lee & Associates as director
September 9, 2022
Boston, MA Lee & Associates Boston, a member of the Lee & Associates Group of Companies, is adding to its team with the addition of Evan Koogler as director. In this role Koogler will focus on the office, industrial and life sciences sectors
Benton of Horvath & Tremblay sells two multifamily properties in Brighton, MA for $2.95 million
September 9, 2022
Brighton, MA Ryan Benton of Horvath & Tremblay has completed the sale of two multifamily properties for a total of $2.95 million. Combined, both of the apartment buildings, 12-14 Donnybrook Rd. and 20-22 Brooks St., consisted of six units
JLL’s Hotels & Hospitality Group handles sale of two Fairfield Inns located in Woburn, MA and Port...
September 9, 2022
Portsmouth, NH JLL’s Hotels & Hospitality Group has closed the sale of two Marriott-branded, select-service hotels in New England. The hotels include Fairfield Inn Boston Woburn/Burlington in Woburn, Mass. and Fairfield Inn Portsmouth Seacoast in Portsmouth, N.H.
Willow named new partner of the MIT Center for Real Estate
September 9, 2022
Cambridge, MA Willow, the leading provider of digital twin solutions for modern, efficient and smart infrastructure and real estate, has become a corporate partner of the MIT Center for Real Estate (MITCRE).
Kelleher & Sadowsky represents Minardi LP in 41,375 s/f lease at 200 Donald Lynch Blvd. to Lifeline ...
September 9, 2022
Marlborough, MA On behalf of Minardi LP, Kelleher & Sadowsky completed a multi-year tenant lease of 41,375 s/f at 200 Donald Lynch Blvd. to Lifeline Systems Company.
R.W. Holmes negotiates seven lab leases totaling 108,158 s/f in Burlington, Natick, and Waltham, MA
September 9, 2022
Natick, MA R.W. Holmes has negotiated seven lab leases totaling 108,158 s/f of space in Burlington, Natick, and Waltham in Q2 2022. Elizabeth Holmes, R.W. Holmes’ director of corporate services, said, “We expanded our Life Science team
Colliers advises The Shearwater Companies in $21 million sale of 30 Dan Rd., an existing two-story o...
September 9, 2022
Canton, MA Colliers has advised seller, The Shearwater Companies, on the $21 million sale of 30 Dan Rd., an existing two-story office building. Colliers Capital Markets team comprised of managing director Frank Petz along with Matt Sherry,