New Haven, CT According to Sean Cahill, principal and managing director of Avison Young’s Fairfield/Westchester office, the company completed the sale of 1423 Chapel St. Principal Sean McDonnell and senior associate Christopher Grundy led the Avison Young team
Amesbury, MA Cornerstone Realty Capital arranged $5.7 million in financing for the acquisition of the Briggs Mill apartment complex. Briggs Mill, which was converted in 2014 from a former mill building, contains 44 apartments, comprised of 18 studio units, 14 one-bedroom, one-bathroom units and 12 two-bedroom, one-bathroom units.
Braintree, MA After 22 years as executive director at Caritas Communities, Dr. Mark Winkeller will step down from overall management of the organization in order to focus his passion and unique expertise as the director of acquisitions. Winkeller is looking forward to putting his energy into the continued expansion the organization’s portfolio.
Methuen, MA NAI Norwood Group completed the sale of 172,000 s/f of self-storage flex space located at 145 Milk St., to Amerco at an undisclosed price. Joseph Mendola of NAI Norwood Group and David and James Stubblebine of The Stubblebine Co.
Stamford, CT Driven by the explosion in e-commerce, the market for industrial warehouse space has emerged as today’s hottest sector in commercial real estate with demand outstripping supply. As more consumers shop online, retail companies are requiring additional space for distribution centers.
By breaking down the Security Deposit Law into a checklist format, the landlord can use it for its actual purpose and benefit, rather than falling afoul of the Security Deposit Law and having tenants use it to gain monetary damages.
New Haven, CT O,R&L Commercial, LLC sold the 48,971 s/f manufacturing/warehouse building located at 166 & 128 Chapel St. The property of 2.71 acres covers most of a full city block and is located in the new “Opportunity Zone” section of the city
Cambridge, MA According to Acentech, they have completed two new hires and several recent promotions within its headquarters. The new hires include: • Jack Briskie, consultant - Briskie joined Acentech’s noise and vibration group.
Boston, MA According to DLA Piper’s Global Real Estate’s Annual State of the Market Survey, a significant shift in cross-border investment in U.S. commercial real estate is taking place, with a new country predicted to become the major source of non-U.S. capital for U.S. commercial real estate.
Oxford, CT Imagine entering a medical office campus that features natural stone, a fireplace, the sound of water cascading and a “living wall.” All of this and more is what Quarry Walk is all about - trademarked as a “Wise and Well” live, work, play, dine and healthcare community.
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