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Eastdil Secured sells 479,000 s/f 451 D St. for Related Fund Management to GI Partners

Eastdil Secured sells 479,000 s/f 451 D St. for Related Fund Management to GI Partners

July 1, 2022
Boston, MA GI Partners, a leading private investment firm, continues its strategy of acquiring and managing technology-enabled real estate by completing the acquisition of 451 D St. (451 D)
Nordlund Associates handle 9,000 s/f sale

Nordlund Associates handle 9,000 s/f sale

July 1, 2022
Newburyport, MA Nordlund Associates completed the sale of six industrial condominium units at 18 Henry Graf Rd. The 9,000 s/f was occupied by Whitcraft Aerospace at the time of sale and was purchased by the buyer 18 Graf LLC
Gilkie and Fahy of R.W. Holmes Realty negotiate 10,800 s/f industrial lease

Gilkie and Fahy of R.W. Holmes Realty negotiate 10,800 s/f industrial lease

July 1, 2022
Lawrence, MA R.W. Holmes Realty has negotiated a 10,800 s/f lease. Buckley Cable Construction Co., a contractor in the telecommunication industry, leased the flex space at 9 Powers St.
JLL Capital Markets handles $4.15m sale-lease back to LPC

JLL Capital Markets handles $4.15m sale-lease back to LPC

July 1, 2022
Middleborough, MA JLL Capital Markets has closed the $4.15 million sale-lease back and arranged the acquisition financing for 41 Leona Dr., a 30,050 s/f industrial building.
Boston Realty Advisors brokers sale of Mount Carmel for $10 million

Boston Realty Advisors brokers sale of Mount Carmel for $10 million

July 1, 2022
East Boston, MA Boston Realty Advisors brokered the sale of Mount Carmel Residences, a fully approved 108-unit residential development in the Jeffries Point neighborhood of the city.
Pappas of Chozick Realty brokers $1.995 million multifamily sale

Pappas of Chozick Realty brokers $1.995 million multifamily sale

July 1, 2022
Waterbury, CT Steve Pappas of Chozick Realty has arranged the sale of Piedmont Gardens with a closing price of $1.995 million. Piedmont Gardens is a 25-unit garden apartment community comprised of three properties
Kelleher and Pentore of Horvath & Tremblay sell five-unit multifamily property for $3.5m

Kelleher and Pentore of Horvath & Tremblay sell five-unit multifamily property for $3.5m

July 1, 2022
Boston, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of 408-410 Hanover St., a five-unit multifamily building. The brick asset sold for $3.5 million and $700,000 per unit.
Pouladian of North Shore Realty Advisors, Inc. sells 67 Tudor St., Lynn, MA for $5.3 million

Pouladian of North Shore Realty Advisors, Inc. sells 67 Tudor St., Lynn, MA for $5.3 million

July 1, 2022
Lynn, MA Dan Pouladian of North Shore Realty Advisors, Inc. sold 67 Tudor St., a 27-unit apartment building. This asset sold for $5.3 million, or $196,296 per unit.
BioMed Realty signs Takeda to entire 585 Third St. project - totaling 600,000 s/f

BioMed Realty signs Takeda to entire 585 Third St. project - totaling 600,000 s/f

July 1, 2022
Cambridge, MA According to BioMed Realty, Takeda has leased the entire research and development project totaling 600,000 s/f in Kendall Sq. located at 585 Third St. The building is expected to be ready for occupancy in 2026
Soley of Maine Realty Advisors elected to Maine Real Estate & Development Assn. board of directors

Soley of Maine Realty Advisors elected to Maine Real Estate & Development Assn. board of directors

July 1, 2022
Portland, ME Josh Soley, president of Maine Realty Advisors, has been elected to the board of directors of the Maine Real Estate & Development Association (MEREDA).
Tuscan Village welcomes Mass. General Brigham and The Container Store this fall

Tuscan Village welcomes Mass. General Brigham and The Container Store this fall

July 1, 2022
Salem, NH New Tuscan Village tenants include New Hampshire’s first The Container Store slated for this holiday season, Nike, Chick-Fil-A, T-Mobile and Xfinity, Crumbl Cookies, and Bennett’s Sandwich Shop.
Gallagher and Italiaander of The Boulos Co. sell two Westbrook properties for $1.8 million to Joy Real Estate

Gallagher and Italiaander of The Boulos Co. sell two Westbrook properties for $1.8 million to Joy Re...

July 1, 2022
Westbrook, ME Joy Real Estate purchased a 7,000 s/f office building and a 1,280 s/f retail building on 18.27 acres from TOT Associates, LLC for a total of $1,809,120. The properties closed in two transactions
Porta and NAI Dunham lease 3,800 s/f retail

Porta and NAI Dunham lease 3,800 s/f retail

July 1, 2022
Auburn, ME Make Dough LLC, dba, Otto Pizza leased 3,800 s/f of retail space at 730 Center St. from EVP Auburn, LLC. Peter Gwilym of Porta and Company represented the tenant.
Nickerson joins Roche Realty Group sales team

Nickerson joins Roche Realty Group sales team

July 1, 2022
Meredith, NH After 16 years “behind the scenes” at Roche Realty Group, Amanda Nickerson has decided to join their sales team. She started her career at 17 years old in administration and advanced to the
Cumberland Crossing by OceanView progressing into phase 2A

Cumberland Crossing by OceanView progressing into phase 2A

July 1, 2022
Cumberland, ME Cumberland Crossing by OceanView has progressed into phase 2A of their construction project which will add an additional 52 homes.
Harrington & Co. and Norton Asset Management sell two industrial properties totaling $3.345 million

Harrington & Co. and Norton Asset Management sell two industrial properties totaling $3.345 million

July 1, 2022
Hooksett, NH Mike Harrington, Harrington & Company and Bill Norton, Norton Asset Management have teamed up to consult and represent the owners of  two industrial properties for a total of $3.345 million.
Mohanan joins Sanbord, Head & Associates, Inc. Philadelphia office

Mohanan joins Sanbord, Head & Associates, Inc. Philadelphia office

June 24, 2022
Philadelphia, PA Sanborn, Head & Associates, Inc. (Sanborn Head) has added Nisha Mohanan, PE as a project director in the firm’s Development Client Service Area. Mohanan will serve as a senior leader
Garza of Vidal Wettenstein handles 1,100 s/f retail lease

Garza of Vidal Wettenstein handles 1,100 s/f retail lease

June 24, 2022
Monroe CT Vidal Wettenstein has leased a retail unit at 380 Monroe Tpke. The property consists of 25,000 s/f on 4.77 acres. Silvester Garza from Vidal Wettenstein represented the landlord
Connolly Brothers completes renovations for BMW of Norwood

Connolly Brothers completes renovations for BMW of Norwood

June 24, 2022
Norwood, MA Connolly Brothers, Inc. has completed interior and exterior renovations for BMW of Norwood, a full-service BMW dealer offering new and certified pre-owned BMWs, as well as service and parts. Located at 918 Providence Hwy.,
The evolution, impact & potential of virtual tours of retail space - by Nathaniel Mallon

The evolution, impact & potential of virtual tours of retail space - by Nathaniel Mallon

June 24, 2022
>The goal of being able to show prospective tenants a space before they undergo an in-person visit has played a role in the real estate industry for decades. While simply taking a series of photographs had been the go-to method of achieving this