Everest of Nordlund Assocs. sells 35,000 s/f office/retail building for $2.525 million

Peabody, MA Chris Everest, president of Nordlund Associates, Inc. negotiated the sale of 84 Newbury St., a 35,000 s/f office/retail building on Rte. 1. Nordlund Assocs. represented the seller, 84 Newbury LLC and secured the buyer, 84 Newbury Realty LLC.

Residential Properties Ltd. sells historic William Mauran House for $1.345 million

Providence, RI Residential Properties Ltd. (RPL) has sold 230 Arlington Ave. for $1.345 million. The buyers were represented by sales associates Kira Greene and Michael  Sweeney of the Greene | Sweeney Team, while sales associate Jim DeRentis

Conn. Building Congress project team awards banquet June 11

Hartford, CT  The Conn. Building Congress (CBC) has named the 2019 project team award winners. These 13 projects and their teams are being recognized for building projects that exemplify project team excellence and represent the best practices

Colliers leases 70% of high bay warehouse at 301 Bartlett St.

Northborough, MA Colliers International Boston’s Southwest team has been directly involved in leasing efforts and witnessed first-hand the competitiveness of the incredibly tight high bay industrial

Coulombe and Feig of Fantini & Gorga arrange $14 million loan for a 71-unit redevelopment of a former corduroy mill in Lowell, MA

Lowell, MA Fantini & Gorga has placed $14 million for a 71-unit redevelopment of a former corduroy mill, known as Waterhead Mill. The loan represents a traditional construction loan underwriting coupled

Reimers named COO of Propark America

Hartford, CT Propark America has appointed John Reimers as chief operating officer. Reimers comes to Propark with experience

Coffman joins Gaston Electrical as senior project manager

Norwood, MA Robert Coffman has joined Gaston Electrical Co., Inc. (Gaston) as senior project manager. Coffman will be working with Jim Reen, vice president of construction as the project management

It’s coming: Artificial intelligence disruption of commercial real estate - by Nat Kunes

Like so many industries it came for over the past few years, the fourth industrial revolution is now heading straight for real estate, making huge waves that are only going to get bigger. Some of these advancements, particularly in artificial intelligence (AI), are going to have

Washington Trust provides $6.3 million for acquisition of 12,900 s/f CVS Pharmacy

Farmington, CT Washington Trust’s commercial real estate group provided $6.3 million to W.H.M. Realty, LLC, to finance the acquisition of a 12,900 s/f, free-standing CVS Pharmacy. The 2.04-acre

Ghavami and Orasanu join HLW

Stamford, CT Dara Ghavami and Irina Orasanu have joined HLW, a global architecture, interiors, and planning firm. Ghavami is a senior project lead and Irina Orasanu is a technical lead. Opened this past February