News: Owners Developers & Managers

Sower, Weissman and Herald of Boston Realty Advisors broker $6.725 million sale of 84 Fenway

Boston Realty Advisors (BRA) has sold 84 Fenway, a 22-unit apartment building located in Boston's Fenway neighborhood for $6.725 million or $305,682 per unit. Christopher Sower, managing director and partner of BRA said, "The sale of 84 Fenway shows the strength of the Boston apartment market and investor's interest to be in this market. Both the seller and buyer were great to work with on this transaction." Jason Weissman, principal and founder of BRA said, "We had over 200 groups who expressed interest during our marketing process, which led to a very competitive bidding process." BRA's multi-family team of Sower, Weissman and Andrew Herald represented the seller on the sale of 84 Fenway. Located in the center of the city's Fenway neighborhood, the asset is only a short walk from Whole Foods, the Boston Symphony Hall and countless other neighborhood amenities and attractions including public transportation on both the MBTA Green and Orange Lines, The Shops at Church Park, The Museum of Fine Arts, Fenway Park, The Shops at The Prudential Center and The Copley Place Mall. BRA is a privately held commercial brokerage firm based out of Boston Massachusetts. BRA specializes in the sale and leasing of investment and commercial properties throughout New England.
MORE FROM Owners Developers & Managers

Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point - Residence Inn by Marriott and Moxy Hotel

Portland, ME Colwen Hotels celebrated the opening of Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, the first hotel in the city’s Thompson’s Point district. Developed by XSS Hotels and managed by Colwen Hotels, the five-story, dual-branded property introduces 148 guestrooms to one of southern Maine’s fastest-growing waterfront destinations.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated