Milford, MA Holliday Fenoglio Fowler, L.P. (HFF) has closed a three-property, renovated hotel portfolio totaling 433 rooms in the Greater Boston area. The portfolio comprises the DoubleTree by Hilton Hotel Boston – Milford, the Doubletree by Hilton Hotel Boston – Rockland and the Hilton Garden Inn Plymouth.
Randolph, MA The
New England Real Estate Journal held its South of Boston Summit on March 20
th at The Lantana, 43 Scanlon Dr. in Randolph, Mass., with the South Shore Chamber of Commerce and the South Shore Economic Development Corp. Over 250 people were in attendance.
North Providence, RI Marcus & Millichap completed the sale of 139-143 Hollis St., a 22-unit apartment building located in Framingham, Mass., and 1484 Mineral Springs Ave., a single tenant net leased Dunkin Donuts located in North Providence.
Medford, MA National Development/Charles River Realty Investors has finalized the purchase of 20 Cabot Rd. from Citizens Bank. According to public record the property sold for $31.7 million.
Trumbull, CT FujiFilm North America Group has leased 3,976 s/f of office/flex space at 204 Spring Hill Rd., according to Jon Angel, president of Angel Commercial, LLC. They will be relocating from Norwalk, Conn.
There is nothing like a great shopping center. By “great” and “shopping center,” I mean a pedestrian-scaled development with streets, sidewalks, street side and garage parking with a careful selection of relatively small stores and restaurants.
As an industry, we continue to adapt to the changing consumer landscape and seek out new design and construction trends. Hotel developers today experience escalated land and construction costs, diminishing quality, and lengthy time lines.
East Hartford, CT Rick Chozick and Steve Pappas of Chozick Realty Inc., have facilitated the sale of 90 condominium units located within a 100-unit complex. The 90 units fetched a price of $7.5 million or $83,333 per unit.
Boston, MA According to The Fallon Co., Michael Fallon has been named president. In his new role, Michael will be responsible for the strategic direction and growth of the firm across its expanding national footprint
East Cambridge, MA According to BioMed Realty, Cyclerion Therapeutics, Inc., which completed a tax-free public spin-off from Ironwood Pharmaceuticals on April 1, has entered into a long-term lease agreement to occupy 114,454 s/f at 301 Binney St.