Front Section

The Foncellino team of Coldwell Banker handles $100,000 sale

Seekonk, MA The Foncellino team of Coldwell Banker Commercial Division, listed and sold a medical office condo unit located in a seven-unit commercial office condo building at 1563 Fall River Ave.

Nan Fung Life Sciences Real Estate acquires One Winthrop Sq. from MAPFRE Insurance for $75 million

Boston, MA Nan Fung Life Sciences Real Estate (NFLSRE) has acquired One Winthrop Sq. from MAPFRE Insurance for $75 million. Located in downtown, the 115,667 s/f, five floor building is adjacent to Millennium’s Winthrop Center Tower with access

CKO Kickboxing now open at Apple Tree Shopping Center, Londonderry, NH - managed by Verani Realty

Londonderry, NH According to Andrew Levy, CCIM, senior retail manager at Berkshire Hathaway HomeServices Verani Realty Commercial, CKO Kickboxing has leased 3,200 s/f for their second New England franchise. Owned and operated by Louann and Brian Gentiluomo

Gardner of DMG Brokerage represents SSG Development in $5.75 million acquisition

Needham, MA Dan Gardner of DMG Brokerage represented SSG Development in the acquisition of 540 Hillside Ave. The property is a 1.89-acre property that was not on the market for sale.

Hagan joins Savings Bank of Danbury as vice president of commercial lending

Danbury, CT According to the Savings Bank of Danbury, Robert Hagan has joined the bank as vice president of commercial lending. Hagan brings more than 15 years of experience in banking to his new position.

Project of the Month: Main Street Architects and Pilote Design complete $1.5 million new Club House for Sharon Country Club

Sharon, MA Sharon Country Club was started in 1898 on O’Leary’s Farm in Sharon. In 1921 the clubs members purchased the farm and in 1923 the O’Leary dairy barn became the club house.

Converting retail for industrial use? What to look for - by Thomas Madonna

In recent years, many former retail spaces have been converted for other uses, such as industrial or e-commerce (i.e. fulfillment, “pick-and-pack” centers). Before embarking on such a conversion, however, landlords and tenants should take the following into consideration

Butler and St. John of CBRE handle $13.7 million sale of two properties for seller, First Merchants Group

Fall River, MA CBRE has completed the sale of Border City Mills located at 2 Weaver St., and River Grove Apartments located at 4516 North Main St., for $13.7 million. CBRE multihousing experts Simon Butler and Biria St. John exclusively represented the seller

PROCON’s architecture team wins 2019 National Senior Living by Design Award

Shelton, CT PROCON’s architecture team was recognized as a winner of the 2019 Argentum Senior Living by Design Award for Brightview Senior Living. The 168,000 s/f design was featured in the December 2019 issue of Senior Living Executive Magazine.

Equity Commonwealth sells 109 Brookline to IQHQ for $270m - NKF handles sale of 285,000 s/f property

Boston, MA Newmark Knight Frank (NKF) has completed the $270 million sale of 109 Brookline Ave. on behalf of Equity Commonwealth to IQHQ (formerly Creative Science Properties). Co-head of U.S. Capital Markets Robert Griffin, vice chairman Edward Maher,