Newmark advised Blackstone Real Estate Income Trust, Inc. on $2.2 billion sale of Simply Self Storage

Boston, MA Newmark Group, Inc. served as the co-lead advisor to Blackstone Real Estate Income Trust, Inc. (BREIT) on its sale of Simply Self Storage (Simply) to Public Storage for $2.2 billion. Newmark’s Capital Markets National Self Storage practice leader vice chairman Aaron Swerdlin and team advised BREIT

NAI Glickman Kovago & Jacobs facilitates sale of 30-unit apartment complex for $6.3 million

Worcester, MA NAI Glickman Kovago & Jacobs facilitated the $6.3 million sale of a 30-unit apartment building at 31 Caroline St. The seller, 31 Caroline St., LLC was represented by NAI Glickman vice presidents David Eldredge

Greene of Compass brokers $1.305 million sale

Providence, RI Compass has finalized the sale of 28 Orchard Place for $1.305 million. The property closed for $40,000 over asking price. Kira Greene, founding agent of Compass Providence, represented

The Power of Partnership - by Andrew DeAngelo

One thing we can all be thankful for in Massachusetts is we can expect when we turn on the tap, that we will have clean water. That’s not by accident. A recent study found that Massachusetts has the fifth highest quality drinking water in America.

Newmark completes $45 million sale of
One Liberty Square - 157,467 s/f office

Boston, MA Newmark has completed the $45 million sale of One Liberty Square, a “jewel box” office/retail asset. Newmark co-head of U.S. Capital Markets Robert Griffin, executive vice chairman Edward Maher, vice chairman Matthew Pullen, senior managing director Samantha Hallowell

Peck of Horvath & Tremblay arranges sale of 16-unit mixed-use - $4.25 million

Manchester, NH William Peck of Horvath & Tremblay has arranged the sale of a 16-unit mixed-use property. Peck exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $4.25 million, which is $265,625 per unit, and a 7% cap rate. The property,

Griffith and Pepdjonovic of Marcus & Millichap
broker sale for $5.35 million

Boston, MA Marcus & Millichap have arranged the sale of 81 Amory St., a 12-unit apartment property. The asset sold for $5.35 million. “We are seeing Jackson Square going through significant gentrification, with many parcels in close proximity currently being re-developed. Jamaica Plain continues to have some of the strongest rents and lowest vacancy in all of Boston,” said Evan Griffith, senior vice president investments.

NeighborWorks receives $60,000 grant from Rockland Trust Charitable Foundation

Quincy, MA The Rockland Trust Charitable Foundation is providing a $60,000 grant to NeighborWorks Housing Solutions (NHS) for their emergency housing stabilization for seniors as well as their ongoing housing educational programming and support services for individuals and families throughout the South Shore.

Holland & Knight adds Connelly, Malo, Fenton, Atherton and Santos to real estate practice group

Boston, MA Holland & Knight has strengthened its real estate section with a team of five attorneys. The group includes partners Julie Connelly and Annie Malo, senior counsels Scott Fenton and Brian Atherton, and associate Erica Santos. All previously practiced at Seyfarth Shaw.

Colliers sells 206,000 s/f complex for $37.5 million to Jumbo Capital

Franklin, MA 25 and 40 Kenwood Circle, a 206,000 s/f distribution, flex and manufacturing complex, has been acquired for $37.5 million by Jumbo Capital Partners from Franchi Management Inc. Franchi had hired Colliers as exclusive agent.