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MANSARD handles $4.8 million building sale

Lowell, MA MANSARD completed the sale of 1703 Middlesex St., on behalf of Croteau-Deschenes Ventures, LLC to the Merrimack Valley Food Bank for $4.8 million. 1703 Middlesex St. is a 40,359 s/f suburban multi-purpose property zoned SMU. The property features 18’ clear, 39’ column spacing

Toll Brothers breaks ground on two new 55+ active adult communities in Mass.

Tyngsborough, MA Toll Brothers, Inc. held a groundbreaking at two of its latest 55+ luxury home communities, Enclave at Tyngsborough and The Willows at Boxford. Both communities are expected to open for sales in the fall.

Horvath & Tremblay sells four retail properties for $12.3 million

Claremont, NH Horvath & Tremblay has completed the sale of four retail properties in New England for a total of $12.3 million. Matt Nadler of Horvath & Tremblay has completed the sale of a Rite Aid in Claremont, N.H. exclusively representing the buyer to close the transaction

Angel Commercial assists PV Asset Management LLC in $1.3 million purchase of 1.13 acres

Stratford, CT According to Angel Commercial, LLC, PV Asset Management LLC has purchased 1.13 acres at 350 Lordship Blvd. for $1.3 million. The seller was Stratford Industrial Corp., and the land was sold unimproved.

The Stubblebine Company facilitates $23.75 million sale - purchased by Camber Development and Wheelock Capital Partners

Woburn, MA A joint venture between Camber Development and Wheelock Capital Partners purchased a multi-tenant industrial building at 45 Industrial Pkwy. The 89,442 s/f building sits on 4.58 acres and is located near the junction of I-93 and I-95.

Campbell of CRA handles sale of Cover Material Sales Inc. to LBS

Hyannis, MA Commercial Realty Advisors (CRA) facilitates the acquisition of Cover Material Sales Inc. to LBS, a manufacturer and distributor of materials for the production of books and luxury packaging. After 44 years at the helm of Cover Material Sales, John Doherty Jr. is retiring.

Paterno promoted to senior associate at Northeast Private Client Group

Shelton, CT Northeast Private Client Group (NEPCG) has promoted Robert Paterno to senior associate. He joined the real estate investment sales firm’s Connecticut office in 2018.

Nahigian of Auburndale Realty handles $4.2 million building sale

Whitinsville, MA Rob Nahigian, FRICS, CRE, SIOR, MCR of Auburndale Realty Co. completed a corporate real estate sale transaction for Hoskin&Muir, d/b/a HMI-Cardinal of Louisville, KY and its subsidiary Woon-Tech of 369 Douglas Rd.

Orchard Acres Apartments sold by Chozick Realty for $12.5 million

Storrs, CT Tom Boyle and Steve Pappas of Chozick Realty have completed the sale of Orchard Acres Apartments located at the University of Connecticut. This student housing apartment complex closed at a sales price of $12.5 million or $130,208 per unit.

Cushman & Wakefield arranges 64,000 s/f lease to 3Step Sports at 300 Brickstone Sq.

Andover, MA Cushman & Wakefield has arranged a long-term lease for 3Step Sports at 300 Brickstone Sq. The tenant, a youth sports company, will occupy 64,000 s/f on the 4th and 9th floors.