Middletown, RI Hogan Associates completed the sale of 296 Tuckerman Ave. for $3.75 million. It was the town’s second highest sale of the year. Barbara O’Reilly of Hogan Associates represented the buyers who searched for three years before finding the perfect place. The airy, open, 4,700 s/f home includes five bedrooms and six and one half baths.
East Boston, MA Marcus & Millichap completed the sale of 88-90 Bremen St. and 256-260 Bremen St., a 15 unit apartment building portfolio. The asset sold for $5.41 million. Evan Griffith, first vice president investments, and Tony Pepdjonovic, first vice president investments,
Beverly, MA Stephen Girolamo of Horvath & Tremblay has completed the sale of a 24-unit apartment complex. Girolamo facilitated the transaction at a sale price of $6.5 million and $270,833 per unit. 614 Cabot St., constructed in 1968, is a brick apartment complex
Newington, NH Cushman & Wakefield has arranged a 50,000 s/f long-term lease at 90 Arboretum Dr., New England’s first mass timber commercial office building. The Cushman & Wakefield team of Denis Dancoes, Thomas Farrelly, and Sue Ann Johnson
Hingham, MA A.W. Perry is mourning the loss of their friend and president, Richard Beal. Rich passed away suddenly on Monday, September 21, and they are heartbroken by the untimely passing of their beloved colleague. Rich was first and foremost a dedicated father and husband, and he was also an exceptional leader to the A.W. Perry team and in the Greater Boston real estate and business community
Watertown, MA Newmark Knight Frank (NKF) has completed two lease extensions totaling 46,966 s/f at Riverworks at Aetna Mills, located at 480 Pleasant St. Former subtenants, Markforged–an industry leading industrial 3D printer manufacturing company–and InCrowd–a
Not that your company is as big as Netflix (yet!), but a story last year in the
Boston Globe caught my attention: Netflix has 137 million subscribers around the world, but it had to raise monthly subscription rates by one dollar (That’s monthly added revenue of $137 million!) in order to compete with the other networks producing quality new content – such as Disney, FX and Amazon.
My last article for NEREJ in late February labeled corona virus as a “real concern” for New England hotels. Well, the past six months have felt like six years and, referencing my esteemed colleague Jim O’Connell’s analogy in his August article, the PAIN continues! The virus shut down travel and business activity in March and the hotel business has been one of the hardest hit economic sectors with travel grinding to a halt and millions of jobs lost.
Boston, MA Citizens M&A Advisory served as the exclusive financial advisor to BV Investment Partners, a private equity firm focused on information and business services and communications industries, on its simultaneous acquisition of two ServiceNow consulting partners – GlideFast Consulting, a locally-based commercial partner, and Pharicode, a Huntsville-based government partner.
Burlington, MA Azzur Group, a leading solution provider dedicated to helping life science innovators start, scale and sustain their GxP organizations, entered a 12-year lease with Nordblom Company at 60 Blanchard Rd., and is poised to occupy the entire 50,300 s/f space by summer 2021. The building includes 650 ft. of Rte. 128 frontage, making it both highly visible and easily accessible.
