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New England Real Estate Journal held the Multi-Family & Property Management Summit on January 31

Newton, MA The New England Real Estate Journal (NEREJ) held the Multi-Family & Property Management Summit on January 31st at the Boston Marriott Newton at 2345 Commonwealth Ave.

Hitting send can bind you - Don’t text and make a deal! - by Nisha Koshy

Technology is advancing at a breakneck pace. Our use of email and text messaging has drastically altered the way we communicate with each other. This is true not just in our personal lives but in our professional lives as well.

S/L/A/M Construction Services receives 2018 Design-Build Institute of America New England award

New Haven, CT S/L/A/M Construction Services (SLAM CS) was honored by the Design-Build Institute of America New England (DBIANE) with a Gold Award for the Chapel Haven Residential Education Building (REACH) project. SLAM CS accepted the award at the DBIA annual meeting and 2018 Awards Dinner held on January 10 at the Sheraton Framingham.

Kelleher, Pentore and Girolamo of Horvath & Tremblay broker $3.74 million apartment building sale

Salem, MA Dennis Kelleher, John Pentore and Stephen Girolamo of Horvath & Tremblay have arranged the sale of 10 Summer St. and 12-14 Summer St. The two buildings sold for $3.74 million, a cap rate of 5.28% and a price per unit of $133,571.

Trevor Davis Commercial Real Estate completes three sales totaling $925,000

Middletown, CT Trevor Davis, CCIM of Trevor Davis Commercial Real Estate has completed three sales totaling $925,000. The sales include: The sale of a 7,500 s/f building on 2.85 acres at 61 Industrial Park Rd. It was owned by Bailey’s Express and sold to Accurate Logistics, LLC for $395,000

Dickson of Stebbins Commercial Props. brokers $245,000 sale of 3,760 s/f building

Merrimack, NH Tom Dickson, commercial real estate agent of Stebbins Commercial Properties LLC, has completed the sale of the 3,760 s/f building at 37 Depot St. The property was sold by Argus 1 LLC to Yong Feng Lui of Quincy, Mass.     

Earning better email marketing response rates - by Chuck Sink

One of the easiest things to do is make people delete your emails immediately, with or without opening them. Simply disappoint recipients with irrelevant content. That’s all. There’s nothing to it… nothing worthwhile that is, in the subject line or content, that genuinely relates to audience needs.

Brinch and Christensen of CBRE rep. Pappas Props. in 37,500 s/f lease

Boston, MA According to CBRE, Akouos is relocating their headquarters to Pappas Commerce Center located in the city’s Seaport District. Akouos—a biotech company—will take 37,500 s/f of lab space on the second floor at 645 Summer St. Akouos joins 908 Devices Inc. at the building. 

Worth Avenue Capital, LLC closes a $250,000 commercial loan

Norwalk, CT Worth Avenue Capital, LLC (WAC) closed a $250,000 commercial loan to a builder/real estate developer in Fairfield County. The loan proceeds are being used to complete the construction of a duplex. The loan is secured by a blanket mortgage on three separate pieces of real estate

The Hamilton Co. renovates 2 Union Sq. in Somerville, MA - signs Urban Axes to the now-renovated 7,400 s/f building

Somerville, MA For many years Harold Brown, whose 64-year-old Hamilton Co. owns two million s/f of commercial real estate in Greater Boston, had been eying Union Sq. as an area poised for new growth. So when a soon-to-be abandoned warehouse and parking lot at 2 Union Sq. became available in late 2013, Harold Brown, now 93, and his son Jameson, Hamilton’s CEO, didn’t hesitate to buy the 15,600 s/f property for $1.9 million.