Boston, MA Doug Marr of Keliher Real Estate has completed the sale of a 2,310 s/f office condominium. Located at 396 Commonwealth Ave. in the Back Bay. The sale price was $1.95 million. The property was sold by Freed Accounting Service to Alpha Wealth Management.
Even the mayor of Boston acknowledged that Faneuil Hall Marketplace (FHM) is tired. Restaurant/entertainment/retail activity has slowly migrated from FHM (Quincy Market and its two flanking buildings) to the Seaport, Fenway, and to Somerville’ Assembly Row. FHM holds no glam for the Instagram Set, and that lack of luster affects tourism, tax income for the city,
Boston, MA According to Lincoln Property Co. Boston (LPC), leading audit, tax and advisory firm KPMG LLP has signed a long-term renewal to maintain its 120,500 s/f footprint at Two Financial Center, a class A mid-rise tower in downtown.
Marlborough, MA R.W. Holmes has completed 26 new or renewal leases at Knowledge Park on Mount Royal Ave. in 2018. The 162,000 s/f three-building complex is exclusively listed by Jim Bartholomew and Craig Johnston of R.W. Holmes.
Wallingford, CT Berkshire Hathaway HomeServices New England, New York and Westchester Properties completed the merger with Barbara Frey Real Estate, LLC, a boutique residential brokerage firm, effective immediately.
Smithfield, RI Holliday Fenoglio Fowler, L.P. (HFF) completed the sale and financing of the 101-room Hampton Inn & Suites Providence/Smithfield. The sale price was not disclosed. The HFF team represented an institutional seller, and procured the buyer, Excel Group.
Stamford, CT According to Jon Angel, president of Angel Commercial, LLC,132 Jamaica Ave. Realty Corp. has purchased an industrial flex building located at 72 Camp Ave., for $4.875 million.
Nick Fair, LEED AP, HERS, having been with the firm for 13 years has been promoted to principal. Fair manages the Norwood, Mass. office and notable projects of his include: TD Garden, Tufts University, Wellesley School, Great Horse Country Club, several large-scale greenhouse agricultural projects and high-end homes.
Boston, MA According to Michael Smith, Avison Young principal and managing director of the firm’s New England region, the company has hired commercial real estate professional Taylor Phelan. Effective immediately, Phelan becomes an associate in the company’s city office, specializing in advising tenants and landlords in the urban market.
Orange, CT According to Michael Richetelli, president and designated broker of Colonial Properties, Inc., Mikayla Riskin has joined the Colonial Properties team as a realtor.