North Shore Realty Advisors sells 12-unit The School House Apartments

Lynn, MA North Shore Realty Advisors Inc. brokered the sale of The School House Apartments located at 505-509 Chatham St. The property has not been available to the open market since 1984. The School House Apartments is a three-story residential brick 12-unit with 12 off-street parking spaces, and an on-site laundry facility.

Walsh of Compass Providence sells ‘Moses Brown Ives House’ for $4.325m

Providence, RI Compass negotiated the sale of ‘Moses Brown Ives House’, 10 Brown St., on the East Side for $4.325 million. Bob Walsh, sales associate of Compass Providence, represented the seller. According to data maintained by the Rhode Island Statewide MLS, this transaction represents one of the top three residential sales ever in Providence, and the highest sale in Rhode Island’s capital city, year-to-date.*

Shawmut Design and Construction celebrates topping off on Rafi Properties’ life sciences hub

Somerville, MA Shawmut Design and Construction, a leading $1.3 billion national construction management firm, joined real estate investment, development, and asset management firm Rafi Properties (Rafi) to commemorate the steel topping off milestone at 599 Somerville Ave

Greenwich Office Park renovates fitness center and flu vaccination program

Greenwich, CT Greenwich Office Park has debuted a newly renovated fitness center and offering a flu vaccination clinic this October. Greenwich Office Park has renovated its Tenant Fitness Center

Umphrey and Bodden of Kelleher & Sadowsky handle 225,629 s/f lease to KARL STORZ Endoscopy-America, Inc

Auburn, MA Kelleher & Sadowsky has completed the execution of a 10-year lease with KARL STORZ Endoscopy-America, Inc., which is expanding its presence at 28 Millbury St. to occupy a total of 225,629 s/f. KARL STORZ had previously occupied 140,000 s/f and expanded its footprint in this transaction by 85,000 s/f.

Swon of Marcus & Millichap handles $8.27 million sale of Holiday Inn Danbury-Bethel

Danbury, CT Marcus & Millichap completed the sale of Holiday Inn Danbury-Bethel, a 112-room hospitality property. The asset sold for $8.27 million. Jerry Swon, an investment specialist in Marcus & Millichap’s Manhattan office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was also secured and represented by Swon.

Keefe of GBCP, Inc. closes $3.65 million sale of 45,996 s/f office building in Walpole, MA

Walpole, MA James Keefe of Greater Boston Commercial Properties, Inc. (GBCP) represented the seller, Ellen Rosenfeld, in the sale of 2140 Providence Hwy. for $3.65 million. He was the sole broker of record in this transaction. “James immediately went into action and took every step imaginable to get my building in front of as many potential buyers as possible,” said Rosenfeld.

Horvath & Tremblay completes sale of Stop & Shop-anchored
Del Alba Plaza in Pittsfield, MA for $6.36 million

Pittsfield, MA Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of the Stop & Shop-anchored Del Alba Plaza. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $6.36 million. Del Alba Plaza is located at 1 Dan Fox Dr. The property consists of a free-standing 61,935 s/f Stop & Shop, a Stop & Shop gas station (2,000 s/f), and a three-unit 8,184 s/f satellite building leased to two regional tenants.

CoreNet Global – New England Chapter marks 6th
successful year of collaboration with CREST interns

Boston, MA This year marks the 6^th consecutive year that The New England Chapter of CoreNet Global and its Diversity, Equity and Inclusion Committee (DEI) have partnered with The Commercial Real Estate Success Training (CREST). CREST is a paid internship program designed to introduce those historically underrepresented in corporate and commercial real estate to these industries in the New England region.

Richards joins JLL as a senior managing director focused on life sciences in Boston

Boston, MA According to JLL, Robert Richards is joining the company as a senior managing director in its New England market. As an established leader in commercial real estate across the city and New England, Richards’ talents and expertise will strengthen and expand the market-leading JLL leasing team. He will continue to have a focus on life sciences, health care, and portfolio advisory work in New England and nationally.