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The Stubblebine Co. arranges $6.5 million industrial building sale

Lawrence MA David and James Stubblebine, principals of The Stubblebine Company, arranged the sale of 21 Glenn St., a 93,580 s/f industrial building on 5.4 acres of industrial zoned land. The Stubblebine Co. represented the buyer, John Hernandez of JVJ Solutions.

Brady Sullivan Props. leases 27,351 s/f to Alumni Ventures Group at Jefferson Mill

Manchester, NH Brady Sullivan Properties has secured a new neighbor at its office headquarters at 670 N. Commercial St. Alumni Ventures Group (AVG) executed a long-term lease for 27,351 s/f on the top floor of the historic Jefferson Mill,

Jumbo Capital sells 154,314 s/f warehouse building for $16.3 million

Avon, MA Privately held real estate investment firm, Jumbo Capital Inc. has completed the sale of 40 Robbie Rd. The 154,314 s/f single-story warehouse/distribution building is located on 8.87 acres within the Avon Industrial Park.

Triglione of Nordlund brokers $2.375 million sale of 1900 Southwood Dr. in Nashua, NH on behalf of the owners - a 19,764 s/f building

Nashua, NH According to Nordlund Associates, Anthony Triglione facilitated a transaction representing the property owner in the sale of 1900 Southwood Dr. The sale price for the property was $ 2.375 million.

Klein and Lyman of Marcus & Millichap complete $1.5 million sale of 2 Spratt Technology Dr.

Sterling, MA Marcus & Millichap completed the sale of 2 Spratt Technology Dr., an 18,000 s/f industrial property, according to Thomas Shihadeh, regional manager of the firm’s Boston office.

Tax considerations when converting an investment property to primary residence - by Bill Lopriore

Since January 1, 2009, federal tax law limits the amount of gain eligible for exclusion from taxation (known as the “Primary Residence Exclusion”) when you sell a house used as a primary residence, if you also used the house for another purpose, such as a rental.

IPA completes $63 million sale of The Preserve at Great Pond

Windsor CT Institutional Property Advisors (IPA), a division of Marcus & Millichap, has completed the sale of The Preserve at Great Pond, a newly constructed, 230-unit apartment complex. The property sold for $63 million.

Sack promoted to director of planning at Dacon

Natick, MA Jenny Sack has been promoted to director of planning as Dacon continues to expand its team. Sack began in the position of assistant project manager in 2015. When her strengths became quickly apparent in conceptual estimating and analytics, she was immediately transferred

Aho Properties sells two properties for $3.258 million - including the sale of 200 Turnpike Rd. in Southboro, MA for $1.6 million.

Southboro, MA Aho Properties LLC recently sold two off market properties in the boroughs 495 market. Joel Aho, president of Aho Properties, represented ownership and dealt directly with the buyer in selling 200 Turnpike Rd.

Angel Commercial reps. Valley Tool in purchase of 8.16 acres

Milford, CT Valley Tool and Manufacturing LLC has purchased 8.16 acres of land, for a new planned 100,000 s/f facility, according to Jon Angel, president of Angel Commercial, LLC, a commercial real estate firm in Southport.