West Haven, CT Fred Messore, senior vice president of Colonial Properties, Inc., represented the seller, S.K.F. Automotive, Inc., in the sale of 461 Derby Ave., a 5,250 s/f commercial building on .22 acres used for automotive repair. The property was purchased by Astro Auto Repair, LLC, who will use the building to complement their existing auto bod
Worcester, MA Hunt Real Estate Capital has provided a loan in the amount of $7.83 million to refinance a Section 8 elderly affordable property. Emanuel Village Apartments is a 75-unit elderly (age 62+) head of household and disabled Section 8 affordable multifamily property located at 59 Evelyn St.
Boston, MA Citizens Commercial Banking’s commercial real estate finance team provided a $53 million loan to National Development for the construction of 7INK, a 180-unit co-living residential project at the Ink Block development
Boston, MA Senné has purchased One Lewis Wharf, a waterfront office building in the city’s North End. The property was purchased for $13.2 million in a private transaction. The transaction was brokered by CBRE
Hudson, NH Prolman Realty, Inc. completed the sale of 225-227 Lowell Rd. to the Lannan Co., according to Mark Prolman who represented the seller, RDB Holdings et al. Dusty Burke of American Commercial Real Estate
The year ahead will surely be an interesting one. The bull market and strong economy is now considered one for the history books. Now at 10-11 years we have pretty much recovered - and then some – from the Great Recession. Should we be worried?
The Greater Boston economy continued to improve in 2019, albeit at a slower pace than in years past. This slowing growth combined with an increasing supply of hotels negatively impacted performance metrics for the Boston and Cambridge lodging market.
Beverly, MA Horvath & Tremblay has started out 2020 with the sale of 5 retail properties in New England for a total amount of $13,349,893. The properties include: Aubuchon Hardware and Beverly Bank; Elm Street Shops in Pittsfield, Mass.
Guilford, CT DeForest Smith, CCIM, SIOR, president of George J. Smith & Son Commercial and Investment Real Estate completed the sale of 88 acres and fronting on the Boston Post Rd. (Rte. 1).
Marlborough, MA Bret O’Brien and Tyler DeWolfe of Greater Boston Commercial Properties, Inc. sold the first class office building located at 19 Forest St.