Boston, MA Class B office leasing properties in the Seaport and Fort Point outperformed all other markets at the end of 2021, as lab conversions removed inventory and subleases were absorbed by new tenants or filled as employees returned to their offices following pandemic responses
Boston, MA Newmark Global Corporate Services (GCS) brings on new hires with specialty expertise to its consulting practice. Newmark GCS’ consulting practice advises firms–from fast-growing biotech businesses to Fortune 100 corporations–on how to optimize
Portland, ME Rob Nahigian, FRICS, SIOR, CRE, MCR of Auburndale Realty Co., and Tom Moulton, SIOR of The Dunham Group, represented CADC Holdings/DeepEdge of Boston in its acquisition of 340 Cumberland Ave. The sale occurred February 15, 2022 for $6.9 million.
Plymouth, MA Jason Kulik of Horvath & Tremblay has completed the sale of the Summer St. Portfolio, an eight-unit multifamily portfolio. Kulik exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $1.85 million.
Burlington, MA Privately held commercial real estate investment firm Jumbo Capital has sold its recently completed, large scale self-storage facility to Baranof Holdings/UBS for $26.5m. The project was developed by Jumbo and built by the firm’s affiliated construction company, Surus Development and Construction.
Revere, MA Cushman & Wakefield has arranged the sale of 133 Salem St., the former West Revere Health Center. The 140-bed former nursing home sold for $4.5 million, equating to $76 per s/f.
Norwood, MA R.W. Holmes negotiated a 15,030 s/f lease renewal for Revolution Composites at 340 Vanderbilt Ave. Robert Strelke, vice president at R.W. Holmes, represented both the tenant and landlord, Jim Shane.
Exeter, RI Kevin Casey of Sweeney Real Estate & Appraisal represented the sellers, 570 Nooseneck Hill LLC, in the sale of the 27,300 s/f flex building. The site was built in 2004 and utilized for the sale and distribution of motorcycle accessories
Boston, MA Dartmouth Property Management (DPM) has been awarded three more property management assignments to round out the first quarter of 2022. The properties include 660 Harrison Ave., 720 Harrison Ave. and 151 Charles St.
Boston, MA Hyde Park’s historic Vertullo Building, following a decade-long, $1.4 million restoration and adaptive reuse investment by the non-profit Historic Boston, was sold to the owner of Intriguing Hair, a black-owned business that is a six-year tenant in building’s retail space.
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