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JLL Capital Markets closes $84.35m sale of Eliot on Ocean

Revere, MA JLL Capital Markets has closed the $84.35 million sale of and arranged $60.9 million in acquisition financing for Eliot on Ocean, a 194-unit, transit-oriented, class A multi-housing community.

Worth Avenue Capital places $130,000 loan

New London, CT Worth Avenue Capital, LLC (WAC) closed a $130,000 CRE loan for a real estate investor who purchased several commercial condominium units. The loan is secured by a blanket first mortgage on the condominium units

Griffith, Buckley and Pepdjonovic of M&M broker $6.05 million sale

Waltham, MA Marcus & Millichap has completed the sale of 50-58 Walnut St., a 22-unit multifamily property, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $6.05 million.

Munsinger promoted to COO at Senné

Boston, MA Senné has promoted Tyler Munsinger to the company’s chief operating officer. Munsinger previously led the accounting team at Senné, working directly with the chief financial officer to manage financial analysis and reporting

Stang of Coastal Commercial handles sale of 305 Nash Rd.

New Bedford, MA Coastal Commercial Real Estate has completed the  sale of 305 Nash Rd. The 128,041 s/f building sits on 4.36 acres of land in a high traffic area bordered by three streets - Nash Rd., Edison St., and Belleville Rd.,

Nahigian of Auburndale Realty Co., completes counseling assignment for Southbridge Associates, LLC

Southbridge, MA Rob Nahigian, FRICS, CRE, SIOR, MCR of Auburndale Realty Co., has completed a counseling assignment for Southbridge Associates, LLC on the Southbridge Hotel and Conference Center. The conference center contains two levels

BARNES buildings named Top Volume Builder in the U.S.A.

Weymouth, MA BARNES buildings & management group, inc. (BARNES buildings), a leading full-service provider of engineered steel building systems was recently named the Top Volume Builder by Metallic Building Systems

Newmark completes $29.5 million sale of 5 Branch St. in Methuen, MA

Methuen, MA Newmark has completed the $29.5 million sale of 5 Branch St., a medical office building anchored by Dana-Farber Cancer Institute and located north of Boston. Newmark’s co-head of U.S. capital markets Robert Griffin, executive managing director Frank Nelson, senior managing director Michael Greeley

Boston City Group, Inc. sells 42-48 Batterymarch Street for $1.8m

Boston, MA 42-48 Batterymarch St., a two-story, 4,329 s/f building in the Financial District that played an illustrious role in the city’s business history, was sold on November 18, 2021 for $1.8 million.

Project of the Month: Groom Construction Co., Inc. completes 61-unit, mixed-use BRIX Condominiums in Salem, MA

Salem, MA At the site of the former District Courthouse in Salem now stands BRIX, successfully completed by Groom Construction this fall and located in the heart of historic and cosmopolitan Salem, Mass.