Activity in the industrial, distribution and logistics real estate sectors remains strong. In fact, CBRE Econometric Advisors forecasts that new industrial completions will jump by 29% in 2021. And many believe that competition in the space will grow in the new future for this sector.
Cambridge MA ABG Commercial Realty has brokered the $5 million sale of a 17,869 s/f flex/retail building at 629 Cambridge St. Julian Lewis, Stephanie Deering, and Talia Abrams-Kudan of ABG Commercial Realty’s investment sales team exclusively brokered the sale
Seekonk, MA Eric Schultheis of Sweeney Real Estate & Appraisal brokered the sale of 1530 Fall River Ave.
Nashua, NH Prolman Realty, Inc. has completed the sale of 5-7 Congress St. Mark Prolman represented Acorn Family Realty, LLC (seller) and assisted 7 Congress, LLC (buyer). Prolman said, “The property consists of a 9,600 s/f office/warehouse
Brockton, MA Horvath & Tremblay has completed the sale of four retail properties in New England for a total of $14,279,409. Bob Horvath and Todd Tremblay completed the sale of the Belmont Plaza in Brockton. Horvath & Tremblay exclusively represented the seller and procured the buyer
Newton, MA Erland Construction, alongside PWC Companies and JSA Inc., has completed a new four-story assisted living and memory care community for Sunrise Senior Living. Located at the corner of Washington and Hovey St., Sunrise of Newton’s new senior living residence
North Andover, MA Real estate investment services firm Northeast Private Client Group (NEPCG) has completed the sale of Sutton Street Apartments located at 90 Sutton St. Senior associates Francis Saenz and Drew Kirkland
Beverly, MA Beverly Crossing has selected Erland Construction to construct a new 167,230 s/f 6-story mixed-use property in the heart of Beverly, MA. Designed by SV Design to revitalize the city’s downtown, “The Block at Odell Park”
Braintree, MA JLL has closed the $6.5 million sale of a 52,200 s/f industrial warehouse facility at 116 Lundquist Dr. JLL represented the buyer, Oliver Street Capital, which purchased the asset from the seller
Roslindale, MA Marcus & Millichap completed the sale of 24 Colgate Rd., a 16-unit apartment property, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $3.6 million.
