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Kelleher and Pentore of Horvath & Tremblay sell mixed-use building for $3.9 million

Boston, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of 172 Salem St., a five-unit mixed-use building. The asset sold for $3.9 million at $780,000 per unit and a 5.12% cap rate

Holmes and Blackey of R.W. Holmes lease
5,600 s/f to BrightSpec

Waltham, MA R.W. Holmes Commercial Real Estate has reached full occupancy at 1466 Main St. BrightSpec, a life science tools company commercializing molecular rotational resonance spectroscopy, became the newest tenant at 1466 Main St., securing a 5,600 s/f space at the 14,514 s/f light lab use

Benzinger, McDonald and Weissman of Boston Realty Advisors represent buyer in $57 million sale of Whitney Hotel

Boston, MA Boston Realty Advisors (BRA), represented the buyer of the renovated Whitney Hotel on Charles St. in Beacon Hill in an off-market sale for $57 million. The hotel, located at 170 Charles St.,

Cordeau joins Kelleher & Sadowsky Associates as executive vice president

Worcester, MA According to Kelleher & Sadowsky Associates, Dan Cordeau has joined the commercial real estate firm as an executive vice president.

NAI Glickman Kovago & Jacobs sells 6,200 s/f office for $750,000

Worcester, MA 23 Harvard St., a 6,200 s/f office building, was sold to New England Regional Headache Center. NAI Glickman Kovago & Jacobs (NAIGKJ) vice president, James Keogh represented the seller, attorney Anthony Vigliotti, and procured the buyer in the transaction.

MassDevelopment issues $1.5 million tax-exempt bond on behalf of The Island Autism Group, Inc. for phase 1 of campus

West Tisbury, MA MassDevelopment has issued a $1.5 million tax-exempt bond on behalf of The Island Autism Group, Inc. (IAG), which will use proceeds to build a facility referred to as the HUB House at 515 Lamberts Cove Rd. as part of its Island Autism Center, a campus under development for people of all ages with autism and other developmental disabilities.

Griffith Pepdjonovic Group of Marcus & Millichap sells $2.8 million portfolio

Abington, MA Marcus & Millichap negotiated the sale of the Adams St. portfolio. The properties sold for $2.8 million. Pepdjonovic and Griffith, senior vice presidents in Marcus & Millichap’s Boston office, had the exclusive listing

Kenney named vice chair of Hinckley Allen’s Real Estate Group

Boston, MA Hinckley Allen partner Kirsten Kenney has been named the vice chair of the real estate group. Kenney will share responsibility for overseeing the practice group with partner and current chair David Connolly.

Wayne J. Griffin Electric raffles off 2023 Jeep Wrangler to celebrate 45th anniversary

Holliston, MA Wayne J. Griffin Electric, Inc. (Griffin Electric) commemorated its 45th anniversary by hosting a company-wide raffle for its team of dedicated employees. The grand prize was a 2023 Jeep Wrangler Sahara 4x4,

Mott & Chace and Residential Properties, Ltd. trade 37 Glen Rd. for $3.525 million

Westport, MA Mott & Chace Sotheby’s International Realty sold 37 Glen Rd. for $3.525 million. The buyers were represented by Liz Kinnane of Mott & Chace, and the sellers were represented by Kathy Santos of Residential Properties, Ltd.