Franklin, MA Avison Young’s Boston office has arranged the sale of a two-building industrial portfolio in the greater Boston area for $37.25 million. The 205,324 s/f portfolio includes 290 Beaver St. in Franklin, and 125 Water St. in Danvers,
The pandemic took a major toll on commercial real estate, with office space taking a particularly huge hit: over 14% of office space remains vacant according to some estimates. However, e-commerce thrived in this stay-at-home environment. Utilization spiked up to 85% for
Andover, MA Ciminelli Real Estate Corp. closed on the purchase of 6 Riverside. The sale price was $12.4 million for the 78,000 s/f office building and 8.6-acre site. Ciminelli R.E. executives Christopher Neelon, managing director – Massachusetts Investments, Boston
Stoneham, MA Privately held commercial real estate investment firm, Jumbo Capital has completed development and construction and sold their fourth large-scale self-storage facility. The 90,000 s/f development located at 54 Montvale Ave. houses 1,025 storage units
Brockton, MA Newmark has completed the $173 million sale of the Northeast Logistics Portfolio, a four-building warehouse/distribution portfolio located in suburban Massachusetts.
Newton, MA TRB Realty negotiated the sale of The Newtonville Portfolio to 60 Austin Street LLC for $7 million.
Stowe, VT Bank Rhode Island’s (BankRI) commercial real estate division has closed a deal with Lark Hotels, providing $5.2 million in financing for the purchase and expansion of the Field Guide Lodge.
Webster, MA 30 Goya Dr. has sold for $18.35 million. The former owner, A Duie Pyle Inc. company, sold the 78-door cross dock and truck maintenance facility on 20 acres to Old Dominion Freight Line.
Portland, ME On Thursday, January 20
th, 2022, leaders from Maine’s real estate industry will be back in person for the Maine Real Estate & Development Association’s (MEREDA’s) Forecast Conference and Member Showcase
The hospitality industry continues to claw back from the horrible impact of the pandemic. We are approaching our second year of dealing with an invisible enemy that brought our entire industry to its knees. After the initial shock of watching hotel demand plummet in March of 2020
