KW Commercial and CCIM Institute to host first annual Foundation of CRE Seminar

Stamford, CT KW Commercial director Andreas Senie and CCIM Institute instructor Mark Van Ark, CCIM, SIOR will host the first annual Foundation of Commercial Real Estate Seminar on Oct 19^th and 20^th at KW Stamford at 2777 Summer St., 7^th floor.  Senie and founder/owner of EAC Properties, along with Van Ark, will bring together 50 industry insiders and newcomers for the Foundations For Success Seminar for this case study-driven course.

Marcus & Millichap completes sale of Grant Street Complex for $6.4 million

Framingham, MA Marcus & Millichap has completed the sale of Grant Street Complex for $6.4 million. “This portfolio provided a truly unique value-add opportunity with ample off-street parking and renovations already completed on several of the units as well as four brand-new townhouses.” said Evan Griffith, senior vice president of investments.

Wood Palace Kitchens passes down ownership

Middleboro, MA Wood Palace Kitchens, a cabinetry distributor representing select manufacturers and providing turn-key services, will have a new owner as of January 2024. Tim Holick, current owner and founder, announced that he will transfer ownership of the 44-year old company to his nephew, Michael Holick. Michael Holick has been with the company for 33 years, began his career with the company in warehousing, then project supervising, and since 2000 has been one of the company’s top salespersons.

Acella relocates to new 14,000 s/f office space

Rockland, MA Acella Construction Corporation (Acella), in celebration of its 20^th anniversary, is relocating from 38 Washington St. in Pembroke, to 400 Hingham St. The recent move from the former 7,000 s/f building to a space twice the size at 14,000 s/f comes as a result of company growth and expansion into new vertical markets. 

Town of Bridgewater activates phase one of revitalization plan

Bridgewater, MA “Revitalizing the Heart of Bridgewater: Vision to Reality," an initiative announced this summer by Bridgewater Town Manager Michael Dutton, focuses on transforming

CBRE’s Institutional Properties Group represents Marx Realty in $5.1 million sale of 1381 East Putnam Ave.

Old Greenwich, CT Jeffrey Dunne, David Gavin, Stuart MacKenzie, Travis Langer and Daniel Blumenkrantz of CBRE’s Institutional Properties Group represented the seller, Marx Realty, in the sale of 1381 East Putnam Ave., a boutique class A mixed-use retail and multifamily asset for $5.1 million.

Casey of SR Commercial Realty brokers $5.75m sale for new Mental Health Association, Inc. headquarters

Chicopee, MA Jeremy Casey of SR Commercial Realty has brokered the $5.75 million sale for new Mental Health Association, Inc. headquarters at 350 Memorial Dr. Previously owned by MassMutual, the new facility features a three-story building featuring 20 single rooms and 20 suites

Cushman & Wakefield arranges $20 million sale on behalf of 3MJ Realty LLC

Boston, MA Cushman & Wakefield has arranged the sale of 37-43 Temple Pl., a 20,025 s/f boutique mixed-use building. The final sale price was $20 million, equating to more than $998 per s/f and $1.25 million per unit.

Horvath & Tremblay’s Norton, Kelleher and
Pentore broker $5.5 million sale

Lawrence, MA Spencer Norton, Dennis Kelleher and John Pentore and of Horvath & Tremblay have arranged the sale of American Woolen Mills, a 42-unit multifamily investment property for $5.5 million.

A.W. Perry leases 3,516 s/f to Peck
Trial Attorneys at 77 Franklin St.

Boston, MA A.W. Perry has completed a new lease at 77 Franklin St. in downtown. Peck Trial Attorneys has leased 3,516 s/f on the 4^th floor at 77 Franklin St. Brian Smallman from Lincoln Property Company represented the tenant in this transaction, and Jon Gifford and Jake Golden