Somerville, MA The Mega Group brokered the $11 million sale of 333 Broadway at a 4.29% capitalization rate. The subject property known as The Princeton is a 50-unit multi-family brick apartment building built in 1914 and situated on Winter Hill.
Woburn, MA Cummings Properties has appointed Stephanie Aitchison and John Halsey to its executive committee. This 11-member team serves as the governing body for the commercial real estate developer.
South Portland, ME DeStefano & Associates, Inc. (DAI) has started the construction of a duplex and triplex at Solar Way. These two buildings are the beginning of the larger Meeting House Hill project
Portland, ME Malone Commercial Brokers (MCB) said that Jennifer Small, partner at Malone has earned the CCIM (Certified Commercial Investment Member) designation, a recognition awarded by the CCIM Institute to professionals who demonstrate expertise in the disciplines of commercial and investment real estate.
Chelsea, MA Northeast Private Client Group (NPCG) has announced the sale of 31-47 Louis St., a six-building portfolio. Senior associate Drew Kirkland, Francis Saenz, and Jim Casey represented the seller and procured the buyer.
Braintree, MA According to The Peabody Companies, Johanna Martinez has been awarded a New England Past President’s Scholarship by the Boston Chapter of the Institute of Real Estate Management (IREM) to pursue an Accredited Residential Manager (ARM) credential.
Malden, MA Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler brokered the sale of Halstead Malden Sq., a 195-unit, 100% market-rate apartment community.
Boston, MA Senné has promoted Stacey Reifer to executive director, residential brokerage. In her new role, Reifer will leverage her background in sales, rental expertise, and on-site development to drive Senné’s residential brokerage.
Burlington, MA R.W. Holmes Commercial Real Estate completed a new 5,034 s/f flex lease at 1 North Ave. R.W. Holm-es vice president Mike Ogasapian represented the tenant, Commlink Integration, a technology solutions company
Providence, RI Compass brokered the sale of 47 Grotto Ave. for $1.545 million. Kira Greene, of Compass Providence, represented the buyer. Located in the Blackstone neighborhood, this East Side home features four bedrooms and three full and one half bathrooms across over 2,500 s/f.