Front Section
East Brown Cow and Malone Commercial sell
42,000 s/f office space for $5.9 million to to Fork Food Lab
Portland, ME East Brown Cow, in partnership with Malone Commercial Brokers, has sold 95-97 Darling Ave. to Fork Food Lab for $5.9 million. Construction at the 42,000 s/f office space is underway to convert the space into a shared commercial kitchen space and food business incubator.
Shaw joins East Cambridge Savings Bank as business development manager
Woburn, MA East Cambridge Savings Bank has added Susan Shaw to the bank as business development manager at the Woburn Banking Center. In this role, Shaw will serve as the banking center manager and will oversee business development and banking center operations.
Norton and Girolamo of Horvath & Tremblay sell 16-units for $3.4m
North Andover, MA Spencer Norton and Stephen Girolamo of Horvath & Tremblay have arranged the sale of two multi-family & mixed-use investment properties. Norton and Girolamo represented the seller and procured the buyer to complete the transaction at a sale price of $3.4 million.
Melanson of MANSARD arranges $1.395m sale of 55 Loon Hill Road
Dracut, MA Chris Melanson of MANSARD completed the $1.395 million sale of 55 Loon Hill Rd. Melanson represented the seller and procured the buyer in this transaction. 55 Loon Hill Rd. is located on a 3.67 acre lot surrounded by a retail center, Arbors Assisted Living, CVS, Circle Health Urgent Care, USPS and Dracut Police Department.
CBRE sells The Prescott at Concord - 350 units
Concord, MA Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler have sold The Prescott at Concord, a 350-unit apartment community. CBRE represented the seller, an institutional advisor and also procured the buyer, funds and accounts managed by BlackRock.
Hotel owners “They get no respect” - by James O'Connell
As the late great Rodney Dangerfield would say… “I don’t get no respect”! Over the past three years, hotel owners have worked through shutdowns, only to experience a massive resurgence in the leisure sector. But they were forced to meet that new prosperity with one hand tied around their back, not being able to find enough labor to support the burgeoning business.
The Boulos Group arranges four transactions
totaling 38,483 s/f - including 19,984 s/f office lease to Q, Inc.
Dover, NH Q, Inc. leased 19,984 s/f of office space from Double Diamond Holdings South, LLC. Q, Inc. is a firearms manufacturer with a production plant located at Enterprise Dr. The tenant will be using their newly leased space at 271 Locust St. primarily for office.
Glennon of Atlantic Commercial RE completes 1,300 s/f office lease
Norwood, MA Atlantic Commercial Real Estate, LLC completed a 1,300 s/f lease transaction of office space, unit A2, located at 89 Access Rd., to School Search, Inc.
