Front Section

A.W. Perry partners with Novaya to purchase 250,000 s/f site 

Lynn, MA A.W. Perry, a real estate investment, development, and services firm, in partnership with Novaya Real Estate Ventures, have purchased 626 and 680 Lynnway Rd. and 0 Circle Ave. Known as the former Garelick Farms plant, the 250,000 s/f industrial facility

Colliers International’s investment sales team completes $25m redevelopment sale

Boston, MA Colliers International’s investment sales team has completed the sale of the leasehold interest of One Au Bon Pain Way, a 1.4-acre life science redevelopment opportunity in Boston’s Seaport district. The Colliers team, consisting of managing director Frank Petz

CBRE brokers $34.75 million sale of Avalon Wilton for AvalonBay

Wilton, CT CBRE completed the $34.75 million sale of Avalon Wilton on Danbury Rd., a 100-home luxury apartment community. The CBRE team of Jeffrey Dunne, Gene Pride, Jeremy Neuer, Steve Bardsley, David Gavin and Stuart MacKenzie

Griffith and Pepdjonovic of Marcus & Millichap broker $26.5m sale

Amesbury, MA Marcus & Millichap completed the sale of the Amesbury Collection, a pair of apartment complexes totaling 183 units. The assets sold for a total of $26.5 million. Evan Griffith, first vice president investments, and Tony Pepdjonovic,

Jumbo Capital purchases One Patriots Park for $72.5 million

Bedford, MA Privately held real estate investment firm, Jumbo Capital has added a new biotech asset to its nearly 4.5 million s/f of owned commercial and residential real estate property in Greater Boston with the $72.5 million purchase of One Patriots Park, a 143,600 s/f life science facility recently repositioned by Longfellow Real Estate Partners and Bain Capital.

Grassi expands into Boston area with acquisition of Levine, Caufield, Martin & Goldberg, P.C.

strong>Needham, MA Top-100 advisory and accounting firm Grassi has expanded into the Boston-area marketplace with the acquisition of Levine, Caufield, Martin & Goldberg, P.C. (LCMG). The move adds three partners, Bruce Levine, Sherri Martin and Bernard Goldberg, and one principal, Thomas Kreckler, to Grassi’s leadership team.

The Silverbrick Group purchases Worcester’s first skyscraper for $14.5 million from Commerce Associates, LLC

Worcester, MA JLL Capital Markets has completed the $14.5 million sale of 340 Main St., a historic, nine-story office building totaling 333,302 s/f. JLL represented the seller, Commerce Associates, LLC and procured the buyer, The Silverbrick Group.

King Street Properties and The Carlyle Group sell 33 New York Ave. and 1 & 5 Mountain Rd. to Oxford Properties Group for $151 million

Framingham, MA King Street Properties and The Carlyle Group completed the sale of 33 New York Ave. and 1 & 5 Mountain Rd. to Oxford Properties Group for $151 million. In 2018, King Street and Carlyle purchased

The Boulos Co. and CBRE represent Calare Properties in sale of 126,072 s/f property

Westbrook, ME Calare Properties sold 5 Bradley Dr. after purchasing the former Olympia Sports warehouse in May of this year. The 126,072+ s/f building sold for $22.692 million or $180 per s/f, setting a record in the market.

2020 goodbye, 2021 hello - by Rick Kaplan

What a wild ride we had in 2020. When I look back at the past year things have happened that you thought would only happen in a movie. The pandemic hit in February and just like that the whole world changed. We went from going into work to either working from home