Front Section

The Davis Companies acquires 308,970 s/f facility
at 100 Minuteman Park in Andover, MA

Andover, MA The Davis Companies (Davis) has purchased a 308,970 s/f class A advanced research and development and manufacturing facility located at 100 Minuteman Park.

Atlantic Capital Partners completes
$21.233 million sale of Shaw’s Plaza

Ashland, MA Atlantic Capital Partners has completed the sale of Shaw’s Plaza, a grocery-anchored shopping center. The asset, which traded for $21.223 million is anchored by a top-performing Shaw’s Supermarket and located in one of the most desirable locations in the trade-area

Dragon Group completes sale of 299,000 s/f Lowell city block

Lowell, MA Jim Dragon, managing partner for the Dragon Group and Central Plaza Realty LLC (CPR), has announced the completion of the final piece of the sale of its 299,000 s/f downtown city block to an investment/development group

Griffith and Pepdjonovic of Marcus & Millichap broker $9.075 million sale

West Roxbury, MA Marcus & Millichap closed the sale of  Spring Street Apartments, 97 Spring St., a 32-unit apartment property in the Boston neighborhood. The asset sold for $9.075 million. Evan Griffith and Tony Pepdjonovic, senior vice presidents in Marcus & Millichap’s Boston office

McEvoy of The Conrad Group sells
16,500 s/f industrial for $3.3 million

Weymouth, MA Avventura Realty, LLC has sold its industrial building located at 144 Moore Rd. to Harold Brothers Realty, LLC. The property consists of a 16,500 s/f office/warehouse facility on over an acre. The building is fully air-conditioned, has a 19 ft. clear ceiling

Durgin of Conway Commercial negotiates 16,000 s/f office sale for $2.565 million

Lynn, MA Paul Durgin, vice president of Conway Commercial, brokered the sale of 173 Oxford St. for $2.565 million. The multi-level office building, built in 1910, contains 16,000 s/f of private offices, conference rooms, kitchens, and bullpen areas. The building, located in downtown, was recently

B&D Holdings acquires fully leased
109,300 s/f industrial property for $18.5 million

Avon, MA JLL capital markets arranged the $18.5 million sale and acquisition financing for 21 Parker Dr., a 109,300 s/f industrial asset. JLL represented the seller, Oliver Street Capital and Bain Capital Real Estate, in the sale to B&D Holdings. Working on behalf of the new owner

Nickerson of Fieldstone Commercial Properties leases 9,500 s/f flex space

Acton, MA Fieldstone Commercial Properties, Inc. negotiated the leasing of  9,500 s/f of flex space at 43 Nagog Park to Control Resources, Inc. Nate Nickerson of Fieldstone represented the tenant.

Muraida promoted to senior vice president, director of commercial real estate banking at Rockland Trust

Boston, MA Rockland Trust has promoted Richard Muraida to senior vice president, director of commercial real estate banking. In this newly created role, Muraida will be responsible for overseeing the bank’s institutional non-owner-occupied investment real estate activities while continuing to manage Rockland Trust’s low income

Norton of Horvath & Tremblay sells two multi-family properties $2.525 million

North Andover, MA Spencer Norton of Horvath & Tremblay has facilitated the sale of two transactions totaling nine units for a total of $2.525 million. 100 Elm St. is a mixed-use property that Norton sold for $1.225 million. This represents a price of $245,000 per unit and a cap rate of 7.05%. The property contains