Worcester, MA Matthew Mayrand, vice president at NAI Glickman Kovago & Jacobs, facilitated the signing of four leases totaling 13,534 s/f at 311 Main St. The leases include the following:
Boston, MA The venerable Harold Brown, who built one of Boston’s most successful real estate empires over a span of 65 years, died at his home Sunday. He was 94.
?Brown, who purchased his first property at 1292 Commonwealth Ave. for $20,000 in 1954, had amassed more than $2.3 billion in residential and commercial real estate, primarily geared to working class
Boston, MA Cresa and Margulies Perruzzi Architects (MPA) completed a new 250,000 s/f global headquarters for PTC Inc. PTC relocated its headquarters from Needham, Mass., to 121 Seaport Blvd., a newly constructed 17-story, 400,000 s/f office building in the Seaport District.
Portsmouth, NH Colliers International represented Novocure, Inc. in the sublease of 19,000 s/f of class A office space at 135 Commerce Way. The company now leases a total of 54,000 s/f in two buildings at Portsmouth Office Park.
Brockton, MA Dan Waldman of Waldman and Associates represented the Black Creek and Cesar Miranda of KW Commercial Division of Keller Williams Realty represented the buyer. The plaza was not for sale at the time and although several unsolicited offers were presented to the seller, none of which met the seller’s requirement.
A trust is one of the entities used to hold real property in the Commonwealth of Massachusetts. There are many types of trusts: Living trusts, irrevocable trusts, donative trusts, and non-testamentary trusts are a few. Each type of trust has its own legal implications.
Manchester, NH The CBRE Capital Markets team completed the $88.5 million sale of Hilltop Ridge and The Highlands apartments at Washington Park. Hilltop Ridge and The Highlands at Washington Park is a 640-unit apartment portfolio spread out over 40.8 acres off Front St. and I-293.
Branford, CT Marcus & Millichap Capital Corp. (MMCC) has arranged a total of $20 million in refinancing for Montoya Apartments, located at Montoya Circle. Robert Noeldechen of Marcus & Millichap’s New Haven office, led the refinance.
Boston, MA Doug Marr of Keliher Real Estate has completed the sale of a 2,310 s/f office condominium. Located at 396 Commonwealth Ave. in the Back Bay. The sale price was $1.95 million. The property was sold by Freed Accounting Service to Alpha Wealth Management.
Even the mayor of Boston acknowledged that Faneuil Hall Marketplace (FHM) is tired. Restaurant/entertainment/retail activity has slowly migrated from FHM (Quincy Market and its two flanking buildings) to the Seaport, Fenway, and to Somerville’ Assembly Row. FHM holds no glam for the Instagram Set, and that lack of luster affects tourism, tax income for the city,
