Front Section

Marcus & Millichap’s Koury Group arranges $6.2 million sale

Gloucester, MA Marcus & Millichap’s Koury Group brokered the sale of Railroad Plaza, a 37,340 s/f Shaw’s anchored shopping center, according to Thomas Shihadeh, regional manager of the firm’s Boston office.

MassHousing closes $13.2m in financing to the Roslindale Senior Housing Corp.

Roslindale, MA MassHousing has closed on $13.2 million in affordable housing financing to Roslindale Senior Housing Corp., an affiliate of Rogerson Communities, for the refinancing, renovation and extension of affordability for at least 26 years

CBRE arranges $87 million sale of Rolling Green Apartments

Milford, MA CBRE has arranged the $87 million sale of Rolling Green Apartments, a 304-unit garden style apartment community, located at 1 Rolling Green Dr. CBRE Capital Markets’ multi-housing experts Simon Butler, Biria St. John and John McLaughlin

Mott & Chace Sotheby’s International Realty sells Swansea property for $2.37m

Swansea, MA According to Mott & Chace Sotheby’s International Realty, the waterfront home at 222 Bay Point Rd. has sold for $2.37 million. Lindsey Duckworth, sales associate, and Beth Anderson, sales associate, both of Mott & Chace Sotheby’s International Realty,

New Dover assists CIL Kimball in 33,062 s/f lease renewal to HP Hood - Gould of Newmark consults on behalf of the tenant

Lynnfield, MA Scott Hughes, president of New Dover Associates, Inc., provided advisory and consulting services as consultant to CIL Kimball, LLC, the landlord of 6 Kimball Ln., in the renewal of 33,062 s/f

Greenman of Capstone Properties handles $3.422 million sale of 20-42 Hemingway Dr. for James Ferrera & Sons

East Providence, RI Chris Greenman of Capstone Properties sold 20-42 Hemingway Dr. for James Ferrera & Sons Inc. The stabilized asset sold for $3.422 million ($110 per s/f).

Deering of ABG Commercial facilitates 6,000 s/f lease at 20 Winthrop Sq. to LAB Minds LLC

Boston, MA ABG Commercial Realty has completed a lease agreement between LAB Minds LLC, from Somerville, and A.W. Perry Inc., at 20 Winthrop Sq. Based in Cambridge, ABG’s vice president, Stephanie Deering, brokered the lease for the 6,000 s/f R&D/lab office space.

Fahy of R.W Holmes brokers $2.2 million sale

Westwood, MA Mike Fahy of R.W Holmes Realty completed the sale of 34-36 Southwest Park, a 10,800 s/f office building for $2.2 million, where he represented the buyer, Gate House Ventures

Boston & Cambridge lodging market recovery to gain momentum in 2022 - by Sebastian Colella

2021 Retrospective: The Boston & Cambridge lodging market had an occupancy of 45% in 2021, only 55% of its level in 2019. The market&rsq...

Peck of Horvath & Tremblay brokers two deals totaling $4.425m

Nashua, NH William Peck of Horvath & Tremblay has completed the sale of two multifamily portfolios consisting of 41 units for $4,425,000. Both transactions were brokered solely by Peck. Peck’s first sale, The Nashua Portfolio, closed at a sale price of $3 million which represents a 5.01% Cap Rate