Boston, MA Newmark has completed the $710 million recapitalization of The Innovation and Design Building (The IDB), a 1.4 million-s/f mixed-use office complex located in the Seaport. Newmark co-head of U.S. capital markets Robert Griffin, vice chairman Edward Maher, executive managing director Matthew Pullen
Auburn, MA The 9,500 s/f professional office building at 304 Washington St. sold for $1.175 million. The building was sold by NEMMG Realty Trust and purchased by Jim Kaloutas.
An IRC section 1031 like-kind exchange started near the end of a tax year (December 31
st for many) will often not be completed until the following tax year. The regulations address how to handle incomplete exchanges and cash “boot” received by the taxpayer
Woburn, MA JLL completed the sale of 8 Roessler Rd. The firm brokered the deal between buyer and seller. Oliver Street Capital purchased the fully leased 63,000 s/f high-bay warehouse facility for $9.5 million.
Revere, MA Boston Realty Advisors (BRA) was exclusively retained by Boston Harley-Davidson to market an offering of three commercial buildings, located side-by-side on the border of Revere and Malden. The properties, situated at 649-655 Squire Rd
Lawrence, MA Unitex and Dacon Corp. have completed Phase 1 transforming a 188,000 s/f manufacturing plant into an automated healthcare laundry and uniform service facility bringing over 200 jobs to the city. The facility consists of both processing and delivery operations
Pittsfield, MA Ellis Realty Advisors and The Business Exchange completed the sale of 195 Cloverdale St., known as Lakeside Camp & Conference Center. The 134 acre lakefront camp consists of 26 buildings and over 58,000 s/f. Colin Moynihan, senior partner at Ellis Realty
Boston, MA Beacon Communities and Mount Vernon Company (MVC) have entered into a purchase agreement with the YWCA of Boston for 140 Clarendon St. with the intent of preserving the historic YWCA property. The property will maintain a mix of residential, commercial,
Taunton, MA CBRE represented Invesco Real Estate in the sale of a 181,900 s/f industrial facility located at 530 John Hancock Rd. The Davis Companies acquired the asset for $28.6 million. The CBRE team comprised of Chris Skeffington,
Reading, MA MANSARD finalized the $2.35 million sale of an 18,000 s/f office property between Carter & Coleman Realty Trust and C&S Capital Properties LLC. MANSARD represented the seller and procured the buyer to complete the transaction.
