Front Section
MassDevelopment issues $36 million tax-exempt bond for The Park School
Brookline, MA MassDevelopment has issued a $36 million tax-exempt bond on behalf of The Park School, a nonprofit, coeducational day school for grades pre-K through eight, will use a portion of bond proceeds to fund several capital projects on its campus at 171 Goddard Ave.
Triglione, of Nordlund Associates, Inc. sells 4,300 s/f office for $1.65 million
Newburyport, MA Nordlund Associates has completed the sale of 7 Prince Place, Unit 301, in downtown. The 4,300 s/f office condominium was purchased for $1.65 million by the owners of Ambrosi, Donahue & Congdon, CPA, a local area certified public accounting firm.
Hewitt joins High Street Residential as senior VP
Boston, MA According to High Street Residential (HSR), the residential subsidiary of Trammell Crow Co. (TCC), Carolyn Hewitt has joined the firm to lead multifamily development in the city. In her role as senior vice president, she will be responsible for sourcing, shaping and executing multifamily developments throughout the region.
Kelleher and Pentore of Horvath & Tremblay handle $8.03m sale
South Boston, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of three apartment buildings for $8.03 million. Exclusively representing 42 North Capital in the partial disposition of their portfolio, Kelleher and Pentore sold 115 G St. for $2.6 million, 149 W 8th St. for $2.225 million and 870 E 5th St. for $3.2 million.
Aho Properties completes four sales in Massachusetts totaling
$13.675 million - brings total sales for 2022 to over $23 million
Marlboro, MA Joel Aho, president of Aho Properties, was involved in $13.675 million of commercial real estate sales in the towns of Marlboro, Northborough, Littleton and Ayer, Mass. These sales bring the total sales for 2022 to over $23 million.
Balletto, Paterno and Wright of NEPCG broker $3.435 million multifamily sale
West Haven, CT Northeast Private Client Group (NEPCG) has completed the sale of Terrace Heights Condos. The property sold for $3.435 million, located at 5 Treat St. It comprises three one-bedroom one-bathroom units and 32 two-bedroom one-bathroom units. Terrace Heights features off-street parking for residents and visitors.
Nettleship joins AEW Capital Management, L.P.
Boston, MA According to AEW Capital Management, L.P. (AEW) Chad Nettleship has joined the firm’s investor relations group, with a specific focus on the insurance industry. In his role, Nettleship will engage and work with U.S.-based insurance clients with respect to AEW’s real estate equity and debt investment capabilities.
Cyrier of MANSARD completes $2.85 million sale of 401-411 Main St., Wakefield, Mass.
Wakefield, MA Jeremy Cyrier, CCIM president and commercial real estate advisor of MANSARD, facilitated the $2.85 million sale of 401-411 Main St. MANSARD represented both the seller and buyer throughout this sale process.
IBM, HEI Hotels & Resorts sign new leases at Merritt 7
Norwalk, CT According to Clarion Partners LLC and Marcus Partners, hospitality owner and operator HEI Hotels & Resorts and IBM have renewed their leases at Merritt 7 Park.
