O’Hara of Coldwell Banker Commercial brokers $7.35m sale to CoreOne Industrial

East Granby, CT Chris O’Hara SVP, of Coldwell Banker Commercial, brokered two neighboring manufacturing buildings totaling 82,386 s/f located at 5 and 18 Connecticut South Dr., sold for $7.35 million. The sellers were 5-18 Connecticut Real Estate Holdings Company, LLC.

SVN | Parsons Commercial Group | Boston completes leasing at 34 Hayden Rowe Street

Hopkinton, MA SVN Parsons Commercial Group - Boston has leased nine suites at 34 Hayden Rowe St., bringing the 50,366 s/f building to 100% occupancy on behalf of the landlord, Riverside Properties, Inc. The team, which consisted of advisors, Marilyn Santiago, Garrett Quinn and Trevor Holmes, were hired to lease the property in August 2021.

Marcus & Millichap brokers sale of 40,000 s/f
property for $2.5 million

Framingham, MA Marcus & Millichap has sold a 40,000 s/f industrial property. The asset sold for $2.5 million. “The building is a great representation of Framingham, having transitioned from manufacturing to a variety of creative uses,” said Harrison Klein, first vice president investments.

Colliers leases 6,870 s/f to Optima Dermatology
at 31 Stiles Road

Salem, NH Colliers has leased 6,870 s/f to Optima Dermatology & Medical Aesthetics at 31 Stiles Rd.  Hugo Overdeput and Andrew Robbins, of Colliers’ Manchester office, represented the landlord and Sean McQuaid, of Eastern Retail Properties, Inc., represented the tenant in the transaction. 

SIOR NE Chapter holds annual golf outing on May 17, 2023 at Brae Burn Country Club

Newton, MA The SIOR New England Chapter held its annual golf outing on May 17, 2023 at Brae Burn Country Club. It was also a joint event with Dacon as a charitable event. Approximately 40 SIORs and guests attended the golf outing and the reception. Jeremy Freid, chapter president welcomed everyone prior to the scramble kick out.

Keliher of Mainsail Management begins construction on two apartment projects

Dorchester, MA Jim Keliher, president of Mainsail Management has started the construction of 21 apartments located at 69 Bailey St. in the Ashmont area. 

Shawmut Design and Construction breaks ground
on Hardy Elementary School - 80,000 s/f, $72.5m project

Wellesley, MA Shawmut Design and Construction broke ground on the new 80,000 s/f Hardy Elementary School. Replacing a century-old facility, the new building will create a purpose-built, net-zero-ready, next-generation school designed with a focus on innovative learning for students across grades K-5.

SALMON Health and Retirement chief future officer joins MassDev. board

Boston, MA SALMON Health and Retirement’s chief future officer and third-generation owner, Andrew Salmon, has been appointed to the board of directors of MassDevelopment. MassDevelopment,  the state’s development finance agency and land bank, works with businesses, nonprofits, and banks to stimulate economic growth.

A.W. Perry recognizes facilities team for
80 years of service to the company

Boston, MA A.W. Perry recognizes Tom McLaughlin, Tom Leary, Steve DiPersio, Nick Bernard, Mark Scolponeti, Jose Lantigua, Jim Lannon, Cederik Arias, and Ulises Hernandez from its facilities team, spanning A.W. Perry’s Boston, South Shore, and North Shore property portfolio.

Spire Investments acquires 85-89 Cabot Street for $1.4 million

Beverly, MA Spire Investments has just completed the purchase of 85-89 Cabot St. The three-story brick building consists of six apartment units with a unit mix of one and two bedrooms. “At a purchase price of $1.4 million, this is another excellent asset to add to our portfolio,” said Jay Goldberg, owner and president of Spire Investments.