Front Section

Aho Properties closes $1.35 million sale of 10,920 s/f industrial building

Acton, MA Joel Aho, president of Aho Properties, LLC and Max Geesey of Aho Realty Group represented ownership in the sale of 5 Granite Rd. for $1.35 million. The 10,920 s/f building is located on 1.28 acres.

CBRE arranges sale of 59-unit Ellis Factory Lofts for Chinburg Properties to SMC Management

Haverhill, MA Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler negotiated the sale of Ellis Factory Lofts, a 59-unit, class A apartment building. CBRE represented the seller, Chinburg Properties, a New Hampshire-based developer. The team

Mott & Chace Sotheby’s International Realty sells 435 Angell St. for $1.85 million

Providence, RI Mott & Chace Sotheby’s International Realty brokered the sale of 435 Angell St. for $1.85 million. The sellers were represented by Cherry Arnold and Carl Henschel, both sales associates of Mott & Chace Sotheby’s. The Erkkinen-Cohen Group of Residential Properties, Ltd.

How on-campus hotels are catalysts for long-term university value and impact - by Harry Wheeler

The new year will be a pivotal moment for campus-based hotel developments. The convergence of resources, financing, and benefits makes this approach increasingly viable, with the profitability of such projects creating a long-term return on investments (ROI) for higher education entities and developers alike. Universities have increasingly embraced

Greene of Compass Providence sells 4,500 s/f 102 Williams St. for $1.7 million

Providence, RI Compass negotiated the sale of 102 Williams St. for $1.7 million. Kira Greene, a founding agent of Compass Providence, represented the seller, and Annie Becker of Lila Delman Compass’ Newport office represented the buyer.

Dining in transition: The future of Portland’s restaurant scene - by Derek Miller

Portland’s restaurant industry has recently made headlines, though unfortunately for all the wrong reasons. A wave of restaurant closures has drawn attention from media outlets across Maine, with the Portland Press Herald, MaineBiz, and Maine Public all recently covering the local businesses closing their doors.

Cresa secures 11,750 s/f lease to Health Care
For All and Health Law Advocates at 70 Franklin St.

Boston, MA Cresa Boston has finalized negotiations for Health Care For All and Health Law Advocates to lease 11,750 s/f at 70 Franklin St. The nine-story office building is LEED Gold certified with proximity to Downtown Crossing and commuter lines and will allow both organizations to share

Greater Boston Commercial Properties sells
48,848 s/f office building for $6.4 million

Westborough, MA Bret O’Brien of Greater Boston Commercial Properties, Inc. represented the seller in the sale of 287 Turnpike Rd. The 48,848 s/f office building is located on 15.82 acres with visibility on Rte. 9 at a lighted intersection.

Marcus & Millichap arranges sale
of 198-unit self-storage property

Nantucket, MA Marcus & Millichap has completed the sale of Old South Self Storage, a 198-unit self-storage property. Palladino, Kevin Bledsoe and Matthew Junkin, investment specialists in Marcus & Millichap’s King of Prussia office,

Goldberg of Spire Investments purchases
three property portfolio for $5.35 million

Beverly, MA Jay Goldberg, president and owner of Spire Investments, has completed the purchase of a three-building portfolio. The properties consist of a total of 21 units, mostly residential with a couple mixed-use commercial tenants.