Front Section

Baldwin, O’Neil and Flynn of Cushman & Wakefield arranges 275,800 s/f in leases at Brickstone Sq.

Andover, MA Cushman & Wakefield has arranged 11 long-term leases totaling 275,800 s/f at Brickstone Sq., a four-building office campus located at 100, 200, 300 and 400 Brickstone Sq.

JLL Capital Markets secures $19.6 million in acquisition financing for 149,000 s/f Boston parking garage

Boston, MA JLL Capital Markets has arranged the $19.6 million acquisition financing of 14-40 Beach St., a 500-space, 149,000 s/f parking garage. JLL worked on behalf of the borrower, Neighborhood Property Group,

HarborOne provides $76.3 million to R.J. Kelly Co.
for acquisition of 14 property New Hampshire portfolio

Manchester, NH According to HarborOne Bank and R.J. Kelly Co., the bank has provided financing for R.J. Kelly’s $90 million acquisition of 14 industrial properties across Southern New Hampshire – the largest single New Hampshire acquisition in the 71-year

Durgin of Conway Commercial completes sale of properties in Norwell, Plymouth & Rockland, MA for $7.5 million

Rockland, MA Paul Durgin, vice president of Conway Commercial, brokered the sale of 30 Golf Dr. in Plymouth, 133, 137, & 141 Washington St. in Norwell and 170 Pleasant St. in Rockland.

Lavelle and Litchfield of O’Brien Commercial Props. assists Wollaston Dev. in $1.5m purchase

Littleton, MA O’Brien Commercial Properties (OCP) brokered the $1.5 million sale of a five-unit building and .5 acre contractor’s yard located at 537 King St., located less than two miles

Kaplan-Weber joins Union Savings Bank as VP, business banking

Danbury, CT Union Savings Bank (USB) announces that Liz Kaplan-Weber has joined the bank as a VP, business banking officer. In her new role, Kaplan-Weber is responsible for business development, commercial lending,

Kelleher and Pentore of Horvath & Tremblay sell 6-unit multifamily property for $4.96 million

South Boston, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of a 873-875 East 2nd St., a six-unit apartment building. The asset sold for $4.96 million, and $827,083 per unit.

The Stubblebine Company assists Servistar Property Owner LLC in 33,356 s/f purchase

Westfield MA James and David Stubblebine of The Stubblebine Company represented the buyer, Servistar Property Owner LLC in the recent sale of 77 Servistar Industrial Way. Mitch and Ben Bolotin of Colebrook Realty Services, Inc. represented the seller

Marcus Partners closes $650 million fund

Boston, MA Marcus Partners completed the closing of Marcus Capital Partners Fund IV, L.P., a value-add real estate fund with commitments totaling $650 million. This exceeds both the original $500 million fundraising target and $550 million hard cap

Finding the next diamond in the rough - by Harry Wheeler

Post COVID, the hotel market is once again on the rise to recovery. Rates are back up to pre-pandemic levels in many markets and occupancy is soon to be there as well, once the full impact of corporate travel returns. But, while the hotel market was asleep