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Jumbo Capital sells Bedford facility to RedGate

Bedford, MA Privately held real estate investment firm, Jumbo Capital has sold its 100 Crosby Dr. property to RedGate, a strategic real estate advisory and investment firm headquartered in Boston with offices in Baltimore and New York City.

The Stubblebine Company and CBRE sell 157,336 s/f building for $5.6 million

Bedford, NH The Stubblebine Company/CORFAC International negotiated the sale of an industrial building for $5.6 million. Aaron Smith, David Skinner, and James and David Stubblebine negotiated the sale for the seller, First American Realty,

Roche Realty Group sells the Lakeland School

Meredith, NH Roche Realty Group sold the Lakeland School property located on Meredith Center Rd. and Rte. 104 for an undisclosed amount. The property included 5.27 acres, the building contains 13,000 s/f and features views overlooking Lake Wicwas.

Davis named co-president of The Davis Companies

Boston, MA According to The Davis Companies (TDC), Stephen Davis has assumed the role of company co-president, working alongside Richard McCready. McCready, who has served as the company’s president since 2014,

Nahigian of Auburndale Realty Co. completes counseling on sale

Marlboro, MA Rob Nahigian, FRICS, SIOR, CRE, MCR of Auburndale Realty Co., has completed a counseling assignment on the sale of Dawson Industrial Park at 50 Brigham St. The sale was completed from A.P. Dawson Realty Trust, LLC as the seller and Safety-Kleen Systems, Inc. as the buyer.

Berkeley Investments purchases five building portfolio for $95.5m

Lawrence, MA Boston-based Berkeley Investments has closed on a $98.5 million purchase of a five-building portfolio consisting of three residential and two light industrial buildings along the Merrimack River.

NB Development sells Boston Landing life science site for $67 million

Allston, MA JLL Capital Markets has closed the $67 million sale of 60 Guest St., a land parcel fully approved for a life science development in the Boston Landing campus. LL represented the seller, NB Development Group, LLC, and procured the buyer, a partnership of Lendlease and Ivanhoé Cambridge.

Kelleher and Pentore of Horvath & Tremblay sell nine-units for $3.3m

Waltham, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of a nine-unit multifamily building. The duo represented the seller and procured the buyer to complete the transaction at a sale price of $3.3 million, which is $366,667 per unit.

Berkadia completes $95 million of the Merrimack Valley Portfolio, consisting of Mill 240 and Washington Mills

Lawrence, MA Berkadia completed the $95 million sale of the Merrimack Valley Portfolio, consisting of Mill 240 and Washington Mills, two mid-rise former mill buildings developed into class A multifamily properties. 

Mass. Building Trades Council praises confirmation of U.S. Labor Secretary Walsh

Malden, MA The Massachusetts Building Trades Council released the following statement praising the U.S. Senate’s confirmation of incoming Labor Secretary Martin Walsh: