Front Section
Colonial Properties brokers two
New Haven sales totaling $1.66m
New Haven, CT According to Michael Richetelli, president and designated broker, Colonial Properties, Inc. has completed the following two transactions. Richetelli and Kosta Eliopoulos, Realtor, were the sole brokers in the in the sale of 420 Middletown Ave.
Annual Cresa Boston market report highlights class A downtown demand and industrial optimism
Boston, MA Cresa Boston released its annual Market Insight Reports, which provide a first-hand look at the trends and opportunities in the region’s commercial real estate market. Known for its expert commercial real estate advice and services for industries ranging from pharmaceuticals to insurance,Stubblebine Co. arranges $6.025m sale of 48,625 s/f for Allstate Glass to Aloka Properties
Holbrook, MA The Stubblebine Company/CORFAC International brokered the sale of 145 Union St., to Aloka Properties for $6.025 million. The Stubblebine Company represented the seller, Allstate Glass, and directly procured the buyer. The property includes a 48,625 s/f industrial warehouse on 4.5 acres. David Berman, Chris Michniewicz, J
Summit Realty Partners brings
300 Main St. in Nashua to 100%
Nashua, NH Summit Realty Partners, Inc. brokered a lease with Simply Wireless, LLC d/b/a Verizon Wireless at 300 Main St. Marketplace, which brings this 270,000 s/f retail shopping center to 100% leased. Chris McMahon and Travis Ginsberg of Summit Realty Ptrs. represented the landlord.
Marcus & Millichap brokers $10.125m sale-leaseback
Salem, MA Marcus & Millichap negotiated the sale of an 84,814 s/f flex/industrial property at 1 Technology Way for $10.125 million. The transaction was a sale-leaseback.“This transaction allowed the seller to secure long-term occupancy of the building for the operating company with shared ownership while delivering real estate ownership
North Branch completes dining hall renovations at St. Paul’s School
Concord, NH North Branch Construction has completed several renovations at St. Paul’s School. The renovations, which took place over the summer, focused on the Coit Dining Hall and aimed to enhance the dining experience for students and staff.
Compass’ Greene sells waterfront home on Green Hill Pond
South Kingstown, RI Compass brokered the sale of 841 Green Hill Beach Rd. for $3.55 million. Kira Greene, founding agent of Compass Providence, represented the buyer in this transaction. The sellers were represented by Judy Chase and Charlotte Fiola of Mott & Chace International Realty.
Truesdale of Cummings Properties leases 2,400 s/f to Empower PT
Wakefield, MA Empower Physical Therapy and Performance has expanded from Somerville. The 2,400 s/f facility opened earlier this month in the growing healthcare cluster at Cummings Properties’ Audubon Rd. campus.