Category: Owners Developers & Managers

Boston, MA Newmark has completed the $45 million sale of One Liberty Square, a “jewel box” office/retail asset. Newmark co-head of U.S. Capital Markets Robert Griffin, executive vice chairman Edward Maher, vice chairman Matthew Pullen, senior managing director Samantha Hallowell

Manchester, NH William Peck of Horvath & Tremblay has arranged the sale of a 16-unit mixed-use property. Peck exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $4.25 million, which is $265,625 per unit, and a 7% cap rate. The property,

Boston, MA Marcus & Millichap have arranged the sale of 81 Amory St., a 12-unit apartment property. The asset sold for $5.35 million. “We are seeing Jackson Square going through significant gentrification, with many parcels in close proximity currently being re-developed. Jamaica Plain continues to have some of the strongest rents and lowest vacancy in all of Boston,” said Evan Griffith, senior vice president investments.

Quincy, MA The Rockland Trust Charitable Foundation is providing a $60,000 grant to NeighborWorks Housing Solutions (NHS) for their emergency housing stabilization for seniors as well as their ongoing housing educational programming and support services for individuals and families throughout the South Shore.

Boston, MA Holland & Knight has strengthened its real estate section with a team of five attorneys. The group includes partners Julie Connelly and Annie Malo, senior counsels Scott Fenton and Brian Atherton, and associate Erica Santos. All previously practiced at Seyfarth Shaw.

Franklin, MA 25 and 40 Kenwood Circle, a 206,000 s/f distribution, flex and manufacturing complex, has been acquired for $37.5 million by Jumbo Capital Partners from Franchi Management Inc. Franchi had hired Colliers as exclusive agent.

Canton, MA Gray, Gray & Gray, LLP has promoted12 team members: • Abigail Cox, MBA has been promoted to senior staff accountant in the audit & assurance department. She is a graduate of the UMass.-Dartmouth and joined the firm in 2021.

Massachusetts has long been at the vanguard when it comes to protecting the most vulnerable members of its population. Massachusetts led the American Revolution, has the oldest functioning written constitution in the world, and was the first state to legalize gay marriage and enact universal healthcare. Therefore, it should not be surprising that in 1983 Massachusetts became the first (and still only) state in the county to enact a “right to shelter” law

Somerville, MA USQ unveiled a public art mural by local artist Sophy Tuttle that weaves together history, art, and nature. The artwork adds intrigue to the Bennett Court façade of 10 Prospect St. USQ’s seven-story lab building, located at the corner of Prospect St. and Somerville Ave. in Union Sq. 

Boston, MA The Bulfinch Companies, Inc. (Bulfinch), a commercial real estate, property management and investment firm, has been certified by Great Place To Work. The prestigious award is based on employees’ feedback and experience working at Bulfinch.  Great Place To Work is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation. 

East Bridgewater, MA The Conrad Group has completed the sale of 68 Old Bedford Rd. for $1.35 million. The 4,752 s/f automotive sales and service facility is on 2.437 acres and is equipped with six drive-in doors, floor drains, lifts and has visibility on Rte. 18. The building formerly served as the showroom of Marquis Motor Cars. 

Lynn, MA North Shore Realty Advisors Inc. brokered the sale of The School House Apartments located at 505-509 Chatham St. The property has not been available to the open market since 1984. The School House Apartments is a three-story residential brick 12-unit with 12 off-street parking spaces, and an on-site laundry facility.