Front Section

Glaskin of Coldwell Banker Commercial brokers $9.5 million sale

Boston, MA Coldwell Banker Commercial (CBC) has facilitated the off-market transaction of the former Corey Hill Nursing Home, located at 249 Corey Rd. The transaction was valued at $9.5 million.

Pascucci of SVN | Masiello completes $967,500 sale of industrial investment opportunity in Belmont, NH

Belmont, NH SVN | Masiello, one of the nation’s premier brokerage firms, has completed the sale of 7 Field Ln. This 4.94 acre investment opportunity was sold to Houlton, LLC for $967,500.

Greater Boston Commercial Properties completes $1.55 million sale

Hudson, MA Bret O’Brien and Tyler DeWolfe of Greater Boston Commercial Properties, Inc. (GBCP)completed the sale of 71 Parmenter Rd., for $1.55 million.

Newmark completes $160 million recapitalization of 200 Inner Belt Rd.

Somerville, MA Newmark completed the $160 million recapitalization of 200 Inner Belt Rd., a class A office, laboratory and biomanufacturing complex.

Lundberg of Stan Johnson Co. brokers $4.2 million off-market sale of 60,000 s/f industrial building - purchased by NB Partners III LP

Sterling, MA Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale of a 60,000 s/f industrial distribution facility.

Giuttari of MG Commercial handles $3.15 million sale of mixed-use center for Lacroix Realty to an investment group

Woonsocket, RI Mike Giuttari, SIOR, president of MG Commercial, has sold a 40,000 s/f, mixed-use center of retail and office space at 2168 Diamond Hill Rd. for Lacroix Realty to an investment group from Billerica, Mass.

Nordlund Associates, Inc. and Hunneman negotiate $2.15 million sale of 14 Birch Rd., Middleton, MA

Middleton, MA Chris Everest of Nordlund Associates, Inc. negotiated the sale of 14 Birch Rd., a 33,160 s/f industrial / flex building. The building sold for $2.15 million.

Digitally native/direct-to-consumer: New kids on the block - by Carol Todreas

Retail is resilient! COVID or not, new stores are opening. In-person shopping lives on. Enter a new breed of retailer born on the Internet and opening exciting physical stores: “Digitally Native” or “Direct-to-Consumer” brands.

Klein of Marcus & Millichap completes $2.725 million building sale

Greenfield, MA Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has completed the sale of Medical Center at Cherry Rum

SGH appoints Parker to chief executive officer and Vigener to chief technical officer

Waltham, MA The Simpson Gumpertz & Heger (SGH) board of directors will appoint a new executive partnership to lead the firm. James Parker will become SGH’s chief executive officer, focusing on the firm’s strategic direction and corporate initiatives.