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Peck of Horvath & Tremblay arranges sale of 16-unit mixed-use - $4.25 million
Manchester, NH William Peck of Horvath & Tremblay has arranged the sale of a 16-unit mixed-use property. Peck exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $4.25 million, which is $265,625 per unit, and a 7% cap rate. The property,
Griffith and Pepdjonovic of Marcus & Millichap
broker sale for $5.35 million
Boston, MA Marcus & Millichap have arranged the sale of 81 Amory St., a 12-unit apartment property. The asset sold for $5.35 million. “We are seeing Jackson Square going through significant gentrification, with many parcels in close proximity currently being re-developed. Jamaica Plain continues to have some of the strongest rents and lowest vacancy in all of Boston,” said Evan Griffith, senior vice president investments.
NeighborWorks receives $60,000 grant from Rockland Trust Charitable Foundation
Quincy, MA The Rockland Trust Charitable Foundation is providing a $60,000 grant to NeighborWorks Housing Solutions (NHS) for their emergency housing stabilization for seniors as well as their ongoing housing educational programming and support services for individuals and families throughout the South Shore.
Holland & Knight adds Connelly, Malo, Fenton, Atherton and Santos to real estate practice group
Boston, MA Holland & Knight has strengthened its real estate section with a team of five attorneys. The group includes partners Julie Connelly and Annie Malo, senior counsels Scott Fenton and Brian Atherton, and associate Erica Santos. All previously practiced at Seyfarth Shaw.
Colliers sells 206,000 s/f complex for $37.5 million to Jumbo Capital
Franklin, MA 25 and 40 Kenwood Circle, a 206,000 s/f distribution, flex and manufacturing complex, has been acquired for $37.5 million by Jumbo Capital Partners from Franchi Management Inc. Franchi had hired Colliers as exclusive agent.
Gray, Gray & Gray promotes 12 team members to new positions
Canton, MA Gray, Gray & Gray, LLP has promoted12 team members: • Abigail Cox, MBA has been promoted to senior staff accountant in the audit & assurance department. She is a graduate of the UMass.-Dartmouth and joined the firm in 2021.
Massachusetts shelter hotels - by Joshua Bowman
Massachusetts has long been at the vanguard when it comes to protecting the most vulnerable members of its population. Massachusetts led the American Revolution, has the oldest functioning written constitution in the world, and was the first state to legalize gay marriage and enact universal healthcare. Therefore, it should not be surprising that in 1983 Massachusetts became the first (and still only) state in the county to enact a “right to shelter” law
USQ unveils new public art mural by
local artist Tuttle at 10 Prospect
Somerville, MA USQ unveiled a public art mural by local artist Sophy Tuttle that weaves together history, art, and nature. The artwork adds intrigue to the Bennett Court façade of 10 Prospect St. USQ’s seven-story lab building, located at the corner of Prospect St. and Somerville Ave. in Union Sq.
Bulfinch earns 2023 Great Place To Work
Boston, MA The Bulfinch Companies, Inc. (Bulfinch), a commercial real estate, property management and investment firm, has been certified by Great Place To Work. The prestigious award is based on employees’ feedback and experience working at Bulfinch. Great Place To Work is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.
The Conrad Group sells auto sales/service facility for $1.35 million
East Bridgewater, MA The Conrad Group has completed the sale of 68 Old Bedford Rd. for $1.35 million. The 4,752 s/f automotive sales and service facility is on 2.437 acres and is equipped with six drive-in doors, floor drains, lifts and has visibility on Rte. 18. The building formerly served as the showroom of Marquis Motor Cars.