Bedford, MA Aspen Technology, Inc. headquarters project has been named the Suburban Office Deal of the Year by the Commercial Brokers Association. These annual achievement awards celebrate notable deals in Greater Boston that demonstrate creative thinking and achieve game-changing results for space users.
Lynn, MA North Shore Realty Advisors Inc. brokered the sale of 55 Broad St. Apartments. This property has not been available for sale since 1975 when North Shore Realty’s client purchased the property from the developer. The brick garden style was built in 1974 consisting of 15,393 gross s/f and 14,226 rentable s/f.
Billerica, MA Town resident and Local 103 IBEW business manager Lou Antonellis, and his brother, IBEW business agent Rich Antonellis, were honored by the select board for the electrical worker union’s 20-year support for the town, including the Billerica Holiday Festival
Lowell, MA Marcus & Millichap negotiated the sale of 887 Varnum Ave., a 17-unit multifamily property. The asset sold for $3.15 million. 887 Varnum Ave. is comprised of five studios and 12 two-bed/one-bath units featuring 25 parking spaces and on-site laundry.
Woburn, MA Type One Energy Group scaled up its greater Boston operation with a 15,500 s/f space at 299 Washington St., a building in Cummings Properties’ science and technology cluster. The cleantech firm had outgrown its previous facility, on Tyler St. in Somerville.
Woburn, MA Mesa West Capital has provided a joint venture between affiliates of Toll Brothers, Inc. and Carlyle with an $81 million loan to refinance Emblem 120, a 289-unit mid-rise multifamily property.
Methuen, MA Spencer Norton, Dennis Kelleher, and John Pentore of Horvath & Tremblay have completed the sale of the Union Grove Apartments. The trio represented the seller and procured the buyer to complete the transaction at a sale price of $8.25 million which represents $229,167 per unit and a 6.69% cap rate.
Boston, MA The Asian Real Estate Professional Association (AREPA) and The Counselors of Real Estate (CRE) New England Chapter hosted a joint program “Why Life Science Real Estate Now?” on February 28
th, at Unispace at 1 Post Office Sq. 37
th floor.
Boston, MA West Shore, a fully integrated real estate firm with a specific focus on acquisition and management of multifamily assets, has added six key team members The recent hires include:
Woburn, MA Northeast Private Client Group (NPCG) sold Winn Street Office, a 26,960 s/f two-story brick building at 110 Winn St. Senior associate Francis Saenz, Drew Kirkland, and Jim Casey represented the seller
