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Horvath & Tremblay sells three retail properties in New England for $9.76 million
June 17, 2022
Thomaston, ME Horvath & Tremblay completed the sale of three retail properties in New England for a total of $9.76 million. Bob Horvath and Todd Tremblay of Horvath & Tremblay completed the sale of Thomaston Commons. Horvath & Tremblay exclusively represented the seller and procured the buyer
Lancewood Capital provides $20 million credit facility to Miami-based commercial real estate lender
June 17, 2022
Greenwich, CT Lancewood Capital, a Greenwich-based family office focused on real estate credit opportunities, provided a $20 million senior credit facility to a Miami,FL-based commercial real estate lender.
Devli Real Estate expands in Conn. with 209,773 s/f industrial purchase
June 17, 2022
Shelton, CT Devli Real Estate has added to its growing industrial portfolio with the acquisition of a 209,773 s/f property on 14.75 acres The property benefits from its infill location and is strategically located less than two miles from Rte. 8, connecting Bridgeport,
Weller of Avison Young negotiates 3,200 s/f sublease to Stride Funding, Inc. at 262 Washington St., ...
June 17, 2022
Boston, MA According to Tom Collins, principal and managing director of Avison Young’s Boston office, the firm has negotiated a sublease on behalf of Stride Funding, Inc. (Stride) at 262 Washington St.
Griffith Pepdjonovic Group at Marcus & Millichap handle $4.8 million sale of 39-41 Gilman St. and 24...
June 17, 2022
Somerville, MA Marcus & Millichap completed the package sale of 39-41 Gilman St. and 24 Belknap St. Tony Pepdjonovic, first vice president investments, Evan Griffith, first vice president investments, and Brendan Forauer, associate,
The town of Westborough releases Request for Proposals for the former Regal Cinema property
June 10, 2022
Westborough, MA The Town of Westborough has released a Request for Proposals (RFP) for the sale of the former Regal Cinema Property, located at 231 Turnpike Rd. (Rte. 9), in the highway business zoning district.
JLL Capital Markets arranges $20.36m in acquisition financing
June 17, 2022
Peabody, MA JLL Capital Markets has arranged $20.36 million in acquisition financing for a fully leased, 157,293 s/f industrial building at 1 Second St.
Northeast Private Client Group facilitates sale of 4 multifamily apartment properties
June 17, 2022
Shelton, CT The Metro North Investment sales team consisting of Brad Balletto, Rich Edwards, Jeff Wright, and Bob Paterno recently brokered the sale of four multifamily properties. • Manila Avenue Apartments is a 16-unit multifamily building
Mott & Chace Sotheby’s International Realty’s Andreozzi sells out Bay Spring Crossing - 12 units...
June 17, 2022
Barrington, RI Mott & Chace Sotheby’s International Realty has sold out the newly constructed division of the Bay Spring Crossing. Building C, comprised of 12 units, was sold exclusively by Cheryl Andreozzi
Vidal/Wettenstein leases 17,627 s/f
June 17, 2022
Shelton, CT Vidal/Wettenstein, LLC completed the leasing of 17,627 s/f of office and flex space at 230 Long Hill Cross Rd., on behalf of the owner DELC Investments, LLC. The tenant IES Holdings, Inc. a publicly traded company based in Houston, TX designs
Gaucher of O,R&L sells 18,000 s/f office/warehouse
June 17, 2022
Berlin, CT Bob Gaucher of O,R&L Commercial sold 124 White Oak Dr. for $1.395 million on April 7, 2022. The fully leased 18,000 s/f single-story office/warehouse building is situated on 3.05 acres in PI zone. The steel frame and masonry building, which was built in 1990, contains 3 loading docks and 58 parking spaces.
Gallagher and Italiaander of The Boulos Company handle 17-property portfolio sale to 56 Properties L...
June 17, 2022
Sanford, ME The Boulos Company’s Chris Gallagher and Joe Italiaander represented the owner in the sale of a 17-property portfolio to 56 Properties LLC for $3.95 million.
Boston City Group, Inc’s Ligotti, Redeker, and McGranaghan broker $2.19 million sale
June 17, 2022
Brookline, MA 31-31A Harvard St., a 4,398 s/f mixed-use building was sold by Boston City Group, Inc’s Caroline Ligotti, Linda Redeker and Emily McGranaghan who marketed the property, exclusively represented the seller, and procured the buyer.
Meridian Capital Group sells 614,610 s/f industrial property - $37.6 million
June 17, 2022
Newington, CT Meridian Capital Group’s Abie Kassin, Lipa Lieberman, Ikey and Morris Betesh closed on the sale of 353 Alumni Rd., a 614,610 s/f industrial property on 77 acres. This transaction follows a recent industrial sale arranged by
ABC Chairman’s Message: Increasing diversity, equity, and inclusion - by John Cruz
June 17, 2022
ABC member companies know better than anyone just how much our industry has changed in recent years. Technology is responsible for many of the changes, but the transformation goes deeper and is more important. I am pleased that ABC is part of this change.
Kaplan Construction starts work on 99,831 s/f mixed-use building
June 17, 2022
Roxbury, MA Kaplan Construction has started work on the construction of a new 99,831 s/f six-story apartment building at 2147 Washington St. on behalf of the co-developers, New Atlantic Development and DREAM Development.
SMMA promotes four to senior leadership roles
June 17, 2022
Boston, MA SMMA has promoted four current employees into new leadership positions to support the company’s growth and client initiatives.
Hines of Horvath & Tremblay sells four multifamily properties in Hartford - $3.63 million
June 17, 2022
Hartford, CT Tim Hines of Horvath & Tremblay has arranged the sale of four multifamily properties. Hines exclusively represented the seller to complete the transaction at a sale price of $1.29 million. The multi-family properties are located at 140,
VBA Construction Management revamps and expands TV studio
June 17, 2022
Lowell, MA When a North Shore MA-based medical device manufacturer needed to renovate and expand its TV/video production studio, they turned to VBA Construction Management, a full-service commercial construction management firm to complete the work.
Commercial uPVC vinyl windows and doors: Energy efficiency, strength, and beauty - by Steve Chen
June 17, 2022
Building owners and developers of new and existing properties across the country are eager to achieve greater energy efficiency to meet advanced building energy codes, keep operating costs at the lowest possible levels, reduce carbon footprints, and optimize occupant comfort.