Darien, CT CBRE Institutional Properties Group completed the $21.1 million sale of 9 Old Kings Hwy. South, a 70,928 s/f office property. The CBRE team of Jeffrey Dunne, Steve Bardsley, David Gavin, Jeremy Neuer and Travis Langer represented the seller, Hall Investments.
Billerica, MA New York-based IG Logistics LLC and Meadow Partners, an institutional middle-market real estate investor, have acquired a 58,400 s/f warehouse situated on 3.2 acres for $10.75 million in an off-market transaction. Located at 12 Esquire Rd., the property is 100% leased by SSG Pools. Meridian Capital
Somerville, MA JLL Capital Markets has arranged the $278 million construction financing for Boynton Gateway, a to-be-developed, nine-story, 334,000 s/f life science facility. JLL represented the borrower, a joint venture between CV Properties, Cannon Hill Capital Partners and L&B Realty Advisors,
Lynn, MA North Shore Realty Advisors, Inc. completed the sale of the Kingsley Terrace Apartments located at 1-4 Kingsley Terrace. This garden-style 48-unit asset sold for $10.404 million which equates to $216,750 per unit. The unit-mix consists of 48 one-bedrooms.
Appraisers have been under some heat in the recent past. And, the heat, if this summer is any predictor, is not likely over. But today we’re going to focus on something more useful – things that appraisers do well
1. Transparency – From Beginning to End. Having a scope of work explanation gives the
Ansonia, CT According to Michael Richetelli, president and designated broker of Colonial Properties, Inc., the firm completed the following transactions. Fred Messore, senior vice president, was the sole broker in the sale of 64 & 78 Pulaski Hwy. in Ansonia. The 27-acre lot of raw land
Newburyport, MA According to Hancock Associates, Matthew Connors, PE has joined the firm as regional engineering manager. Connors will be assisting Joe Peznola, PE, the firm’s director of engineering, in managing Hancock’s eastern engineering operations. He is based
Newton, MA R.W. Holmes negotiated a new office lease of 6,168 s/f to Industrial Video & Control. Industrial Video & Control, a manufacturer of rugged IP cameras and video management software for industrial, commercial,
Plymouth, MA Bozzuto Construction Company (BCC) celebrated the topping-out for the Rowen at the Pinehills. The Rowen, constructed in partnership with New England Development, Bozzuto Development, JPMorgan Chase & Co., and ICON Architecture, is a 178-unit multifamily development
Leominster, MA David Stubblebine and James Stubblebine, principals, and Alan Ringuette, senior advisor at The Stubblebine Company, represented the landlord, Jytek Road Property Owner LLC, seller, and the tenant, Urthpact LLC, in the recent lease of 50 Jytek Rd. Urthpact helps brands
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