Framingham, MA Scott Hughes, president of New Dover Associates, Inc. and James Gordon, president, Peter Gordon, senior vice president and Jonathan Gordon, senior associate of Gordon Real Estate represented the seller, 1001 Worcester Road, LLC, in the sale of 1001 Worcester Rd., for the purchase price of $1.3 million.
Boston, MA Intercontinental Real Estate Corp., a national real estate investment, development and management firm, has appointed Paul Nasser as president. As president, Nasser continues to manage the firm’s resources across investment and operating disciplines.
Allston, MA Marcus & Millichap completed the sale of he Raymond Townhomes, a six-unit apartment building, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $5.825 million.
Boston, MA According to law firm Sherin and Lodgen LLP, Briana McCarthy has joined the firm’s growing real estate department as an associate. McCarthy advises retailers, developers, landlords and tenants in all aspects of commercial real estate.
Salem, NH In support of Mass General Brigham’s commitment to improve access to care for patients, Mass General Brigham opened a new Integrated Care center at Tuscan Village. Approximately 200 attendees joined Mass General Brigham for the opening of the new location, which will provide both primary care and specialty treatment for patients in Merrimack Valley and southern New Hampshire.
Kingston, MA KeyPoint Partners negotiated a lease with the American Red Cross for a 5,001 s/f space at Summer Hill Plaza. Vice presidents of retail brokerage Don Mace and Rob Grady negotiated the lease on behalf of the landlord.
Pembroke, MA Ellis Realty Advisors has completed the sale of 330 Old Oak St. The self-storage facility known as Stor-It is comprised of 48,850 s/f on 3.4 acres. The building was sold to JEI Ventures who develops and owns a variety of commercial asset properties throughout Eastern Mass.
Summer always ends faster than most of us want, but this year seemed unfairly fast. I looked up the other day and realized we moved out of September and into October. Without a baseball team to root for, and possibly not even a football team, all eyes are the economy and those irritating political ads dominating the television airwaves. For those of us in the hospitality industry, there are reasons for celebration, cautious optimism, and concern. This is nothing new, hospitality investment is a risky proposition even in the best of times.
Boston, MA WSP USA has hired Rob DiAdamo as a senior director for the firm’s advisory enterprise management and strategy team. “We are privileged to have Rob join the WSP team, and eager to learn from his 20-plus years of public and private sector experience managing and improving transportation infrastructure,” said Denise Turner Roth, WSP USA advisory national business line executive.
Bourne MA A seven-building industrial portfolio consisting of 124,000 s/f has been sold. The addresses are 18-21 Commerce Park Rd., 50 & 53 Portside Dr. and 618 Macarthur Blvd. The sale price was $10.575 million. he buyer was Unicorn Realty, which has major holdings on the South Shore and this is the first purchase on the Cape.
