Cabot Properties closes its largest fund ever at $1.57 billion

Boston, MA Cabot Properties, a leading investor, developer and operator of logistics properties throughout the United States, Europe and Asia Pacific, has closed Value Fund VII on $1.57 billion of equity commitments, above its initial target of $1.5 billion.

Peabody Resident Services earns Commission on Accreditation of Rehabilitation Facilities International accreditation

Braintree, MA Peabody Resident Services, an affiliate of the Peabody Companies, a group of award-winning property management and real estate firms, has received Commission on Accreditation of Rehabilitation Facilities (CARF) International Accreditation for Supportive Living Services for a three-year period through November 30, 2026,

Neponset River Regional Chamber selects Chestnut Hill Realty as 2023 Large Business of the Year

Norwood, MA The Neponset River Regional Chamber has selected Chestnut Hill Realty as its 2023 Large Business of the Year. The award is presented to a chamber member that demonstrates outstanding achievement in general management, employee relations, business growth, product innovation, and community and social responsibility.

Griffith and Pepdjonovic of Marcus & Millichap
handle $6.718m sale

Boston, MA Marcus & Millichap, has completed the sale of a mixed-use portfolio in the West Roxbury neighborhood of the city. The assets sold for $6.718 million.  “We were thrilled to be awarded this unique listing after a rigorous interview process that included several brokerage firms.

North Shore Realty closes two transactions totaling $4.223m

Beverly, MA Dan and Sara Pouladian of North Shore Realty Advisors Inc. closed two separate transactions for a total of $4,222,500 5 Edwards, a three-story multi-family built in 1985 with a lot size of .43 acres (18,562 s/f). The property consists of nine two-bedroom apartments

O’Brien Commercial Properties brokers $3.092 million
sale of 26-acre site

Bolton, MA Wood Partners has purchased a 26-acre site at 580 Main St. O’Brien Commercial Properties represented the seller, Condyne, and directly procured the buyer. The sale price was $3,091,500.  Their comprehensive permit will enable Wood Partners to build 229 apartments.

The Stubblebine Company sells 307 Dorchester
Avenue to Alexandria for $43m

Boston, MA On January 23, The Stubblebine Company/CORFAC International sold the 48,900 s/f industrial showroom building on a 1.8-acre parcel at 307 Dorchester Ave., a former FW Webb site, for $43 million to Alexandria Real Estate Equities. The property was not publicly marketed. 

HYM Investment Group names Hurley as partner

Boston, MA The HYM Investment Group (HYM), a leading real estate development company, has promoted John Hurley to the position of partner while continuing his duties as director of development. As partner, Hurley will hold a pivotal role at the company, helping to lead its strategic vision

Norton of Horvath & Tremblay
sells 31 units for $5.325 million

Lowell, MA Spencer Norton of Horvath & Tremblay has arranged the sale of a three-building, 31-unit multi-family portfolio. Norton exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $5.325 million and $171,774 per unit.

Olivares joins Pearce Real Estate in the New Haven office

North Haven, CT Nanette Pastore, president of Pearce Real Estate, has welcomed Miguel Olivares to their local office. Miguel is an experienced and skilled realtor with a proven track record of success in negotiation and communication.