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Residential Security Deposit Law primer for R.E. developers Part 2 - by Nelson Santos

By breaking down the Security Deposit Law into a checklist format, the landlord can use it for its actual purpose and benefit, rather than falling afoul of the Security Deposit Law and having tenants use it to gain monetary damages.

Hird of O,R&L Commercial brokers $640,000 building sale

New Haven, CT O,R&L Commercial, LLC sold the 48,971 s/f manufacturing/warehouse building located at 166 & 128 Chapel St. The property of 2.71 acres covers most of a full city block and is located in the new “Opportunity Zone” section of the city

Acentech hires Briskie and Croteau and promotes five

Cambridge, MA According to Acentech, they have completed two new hires and several recent promotions within its headquarters. The new hires include: • Jack Briskie, consultant - Briskie joined Acentech’s noise and vibration group.

DLA Piper’s Global Real Estate’s Annual State of the Market Survey

Boston, MA According to DLA Piper’s Global Real Estate’s Annual State of the Market Survey, a significant shift in cross-border investment in U.S. commercial real estate is taking place, with a new country predicted to become the major source of non-U.S. capital for U.S. commercial real estate.

Haynes Development completes Quarry Walk - known as a “Wise & Well” community in Oxford, CT

Oxford, CT Imagine entering a medical office campus that features natural stone, a fireplace, the sound of water cascading and a “living wall.” All of this and more is what Quarry Walk is all about - trademarked as a “Wise and Well” live, work, play, dine and healthcare community.

Marcus & Millichap’s Griffith and Pepdjonovic handle $3.9m in sales of 12 Lyndhurst St. and 26 Thane St. in Dorchester

Dorchester, MA Marcus & Millichap completed the $3.9 million in sales of 12 Lyndhurst St. and 26 Thane St. Evan Griffith and Tony Pepdjonovic at Marcus & Millichap, had the exclusive listings to market the properties and procured...

Newmark Knight Frank arranges 56,962 s/f lease at 225 Franklin St. for DataRobot

Boston, MA Newmark Knight Frank (NKF) has completed a 56,962 s/f lease to DataRobot at 225 Franklin St. NKF represented both the property owner, Oxford Properties Group, and the tenant, bringing the building’s occupancy to 90%.

Saracen Properties acquires One Newton Place for $50.75 million - 172,813 s/f office building purchased from Taurus Investment Holdings

Newton, MA Saracen Properties has acquired One Newton Place from Taurus Investment Holdings for $50.75 million. The property is a 172,813 s/f, urban in-fill office building. Saracen partnered with NYC-based Cadre on the deal, their first joint venture and Cadre’s first foray into the Boston market. 

Colliers International completes $19.675 million building sale to Premier Capital Partners - sold by Torrington Properties and Mount Vernon Co.

Boston, MA Colliers International’s Multi-Family Advisory Group completed the sale of the newly renovated 29-35 Temple Place in the city’s Downtown Crossing neighborhood. Following a $12 million acquisition in 2016, the seller, a joint venture between Torrington Properties and Mount Vernon Co.

Charter Realty secures 29,451 s/f HomeSense at Enfield Commons

Enfield, CT Charter Realty & Development has secured a 29,451 s/f lease for HomeSense at Enfield Commons. The center is located at 25 Hazard Ave. and is owned by Paramount Realty. Enfield Commons is a 281,000 s/f center and current tenants include Aldi, Marshalls, Michaels, Old Navy, Petco and Olive Garden.