Revere, MA Berkadia completed the sale of Point of Pines, a 72-unit multifamily property. Managing director Adam Dunn, senior managing director Chris Phaneuf and senior director Matt Olson of Berkadia Boston completed the $27.15 million sale on behalf of the seller, Massachusetts-based The Heritage Companies. The buyer, also based in Massachusetts, was Helge Capital, and the deal closed on September 15
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Devens, MA CMC, U.S. Inc., maker of high-performance aerial lift platforms, has leased 19,527 s/f of industrial space at 137 Barnum Rd.
Killingly, CT Smithfield, RI-based Douglas Construction has purchased an assemblage of four parcels at 738-800 Hartford Pike, totaling 58 acres. The deal was announced by Ron Lyman, CCIM, CEO of Lyman Real Estate Brokerage & Development.
Framingham, MA Scott Hughes, president of New Dover Associates, Inc. and James Gordon, president, Peter Gordon, senior vice president and Jonathan Gordon, senior associate of Gordon Real Estate represented the seller, 1001 Worcester Road, LLC, in the sale of 1001 Worcester Rd., for the purchase price of $1.3 million.
Boston, MA Intercontinental Real Estate Corp., a national real estate investment, development and management firm, has appointed Paul Nasser as president. As president, Nasser continues to manage the firm’s resources across investment and operating disciplines.
Allston, MA Marcus & Millichap completed the sale of he Raymond Townhomes, a six-unit apartment building, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $5.825 million.
Boston, MA According to law firm Sherin and Lodgen LLP, Briana McCarthy has joined the firm’s growing real estate department as an associate. McCarthy advises retailers, developers, landlords and tenants in all aspects of commercial real estate.
Salem, NH In support of Mass General Brigham’s commitment to improve access to care for patients, Mass General Brigham opened a new Integrated Care center at Tuscan Village. Approximately 200 attendees joined Mass General Brigham for the opening of the new location, which will provide both primary care and specialty treatment for patients in Merrimack Valley and southern New Hampshire.
Kingston, MA KeyPoint Partners negotiated a lease with the American Red Cross for a 5,001 s/f space at Summer Hill Plaza. Vice presidents of retail brokerage Don Mace and Rob Grady negotiated the lease on behalf of the landlord.
Pembroke, MA Ellis Realty Advisors has completed the sale of 330 Old Oak St. The self-storage facility known as Stor-It is comprised of 48,850 s/f on 3.4 acres. The building was sold to JEI Ventures who develops and owns a variety of commercial asset properties throughout Eastern Mass.
