Front Section

Newman Properties purchases 87-90 Winthrop Shore Dr. for $6 million - financing was provided by Hanscom Federal Credit Union

Winthrop, MA Newman Properties’ affiliate Dighton Gardens LLC has purchased a 38-unit, residential property at 87-90 Winthrop Shore Dr. This is the first residential property

O’Brien and Stepien of GBCP broker $3.1m sale

Northborough, MA Bret O’Brien and Mitchell Stepien of Greater Boston Commercial Properties, Inc. (GBCP)sold 1 East Main St. for $3.1 million

HYM Investment Group receives approvals from the Boston Planning and Development for 161-acre Suffolk Downs

Boston, MA The HYM Investment Group, the owner of the 161-acre former racetrack site at Suffolk Downs, received unanimous approval from the Boston Planning and Development

Can you use exchange funds for improvements?- by Bill Lopriore

A 1031 exchange is a great tool for exchangers who want to avoid paying tax on the gain from the sale of real estate. However, in order to completely defer the tax

Grill of Fairlane Properties handles 72,299 s/f lease to Verizon N.E.

Woburn, MA Fairlane Properties, Inc. completed the long-term lease extension to Verizon New England of 72,299 s/f at 275 Wildwood Ave. Verizon

Eklund of Commercial Realty Advisors handles sale of two condos

Sandwich, MA Jeff Eklund, realtor at Commercial Realty Advisors, completed the sale of two 15 Jan Sebastian industrial condominiums. The sale price was

Building Engines releases Prism

Boston, MA Building Engines, the leading provider of building operations software for modern commercial real estate (CRE), announced the general availability of Prism. The new platform is designed to improve net operating income (NOI) across all market sectors, from office, retail, industrial, to medical office

Gelati joins the Pearce R.E. commercial division

North Haven, CT According to Barbara Pearce, chair and CEO of Pearce Real Estate, John Gelati has joined Pearce Real Estate as a commercial broker in the company

Norton of Horvath & Tremblay arranges $1.9 million portfolio sale

Lowell, MA Spencer Norton of Horvath & Tremblay has arranged the sale of the Bridge & Fifth St. Portfolio. Norton represented both buyer and seller to close

RPL’s Clancy and Team Applegate complete $1.097 million sale

Barrington, RI Residential Properties Ltd (RPL) has completed the sale of 60 Adams Point, which recently sold for $1.097 million. The home was listed by sales associate Anna Clancy