Worcester, MA The Stubblebine Company/CORFAC International has completed the sale of 104 Gold St. to Arris Partners for $7 million. Located a half mile from I-290, less than five miles from I-90 and I-146, and less than 10 miles to I-295, the property is situated adjacent to Polar Park
Charlestown, MA Dan Luter, vice president of Fulton Properties, completed the leasing of 5,028 s/f to General Radar Corp. at Building 39 in the Charlestown Navy Yard. The Charlestown Navy yard has always been on the cutting edge of creation and innovation.
Foxborough, MA Bret O’Brien and James Keefe of Greater Boston Commercial Properties, Inc. represented the seller in the $6 million sale of 225 Foxborough Blvd., a 46,839 s/f multi-tenant investment property. Greater Boston Commercial Properties also procured the buyer
North Andover, MA Stephen Sakakeeny, principal at SAK Environmental, LLC has been approved as a board member to the Essex County Habitat for Humanity (ECHfH) board of directors. SAK’s relationship with ECHfH started in 2014 at a condominium development in Lawrence, Mass.
Roxbury, MA Colliers completed a $3.2 million land sale for a mixed-use, multifamily development located at 639 Warren St. The property, owned by Immobiliare Realty Trust, was exclusively represented in the transaction by Colliers’ investment sales specialist, Kendin Carr.
Stoneham, MA Marcus & Millichap finalized the sale of a 15-unit multifamily property located at 3 Warren St. The 7,084 s/f asset sold for $2.3 million or $153,333 per unit.
Marlborough, MA MANSARD has completed the sale of Suites 225 & 255 at 28 Lord Rd. The property sold for $450,000 to Yi Zhou who will use the site to expand their practice to continue caring for the health needs in the area.
Marlborough, MA Fieldstone Commercial Properties Inc. and O’Brien Commercial Properties have completed the sale of redevelopment site consisting of a 276-unit apartment building at 283 Lincoln St. for $3 million.
Manchester, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap, completed the sale of The Place at Catherine’s Way, a 303-unit multifamily asset.
For investors currently considering a Delaware Statutory Trust (DST) investment for either their 1031 exchange or direct-cash investment, one of the first things to consider is what investment strategy should be pursued? For example, is the goal to achieve greater appreciation, even if it means investing in an asset that carries greater risk?
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