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Category: Owners Developers & Managers
Delaware Statutory Trusts and the anchor and buoy investment theory - by Dwight Kay
August 18, 2023
For investors currently considering a Delaware Statutory Trust (DST) investment for either their 1031 exchange or direct-cash investment, one of the first things to consider is what investment strategy should be pursued? For example, is the goal to achieve greater appreciation, even if it means investing in an asset that carries greater risk?
Newmark completes $4 million sale of 70 Wells Ave. on behalf of Wingate Companies
August 18, 2023
Newton, MA Newmark has completed the $4 million sale of 70 Wells Ave., an office building located within Wells Avenue Business Park. Newmark co-head of U.S. capital markets Robert Griffin and associate directors Joseph Alvarado, George Demoulas and Casey Valente
Mott & Chace Sotheby’s International Realty brokers $2.2 million sale
August 18, 2023
Warwick, RI Mott & Chace Sotheby’s International Realty has completed the sale of 444 Narragansett Bay Ave. for $2.2 million. The sellers were represented by Donna Conway and Amy Doorley-Lucas, both of Mott & Chace Sotheby’s International Realty,
True Storage opens 22nd Class A self storage facility
August 18, 2023
Methuen, MA True Storage recently opened its 22nd Class A self-storage facility. Located at 14 Calumet Rd., this project showcases True Storage’s dedication to quality
Malone Commercial Brokers brokers $9.6 million sale totaling 64,340 s/f
August 11, 2023
Portland, ME Malone Commercial Brokers have completed the sale of 421 and 429 Warren Ave., an investment comprising three industrial buildings. The sale showcased 429 Warren Ave., including two fully leased buildings measuring 18,000 s/f and 19,500 s/f
Maugel DeStefano Architects celebrates 30th anniversary
August 11, 2023
Harvard, MA Maugel DeStefano Architects has marked its 30th anniversary this year by celebrating the firm’s continued growth under the new ownership team and by maintaining a laser focus on solving design challenges through innovation and creativity for its clients in fast-changing environments.
Newmark completes $58 million sale of two buildings totaling 273,662 s/f
August 11, 2023
Andover, MA Newmark announces the $58 million sale of 50 Minuteman Rd. and 6 Technology Dr., two fully leased class A office/R&D buildings located 25 miles north of Boston. Newmark co-head of U.S. Capital Markets Robert Griffin, executive vice chairman Edward Maher,
The Stubblebine Company/CORFAC International brokers $4 million sale of 30,360 s/f warehouse
August 11, 2023
Haverhill, MA Micah Stubblebine of The Stubblebine Company/CORFAC International, represented the owner, Adamson Realty, LLC, and directly procured the buyer, Beep Holdings, LLC, in the sale of 45 Research Dr. The property consists of a 30,360 s/f warehouse on seven acres which sold for $4 million.
CBRE represents Marcus Partners in sale of six-building warehouse portfolio for $167 million
August 11, 2023
Franklin, MA Marcus Partners, a real estate investment, management and development firm, completed the sale of their Boston Metro Logistics Portfolio, a six-building warehouse/distribution portfolio located in Greater Boston for $167 million. The sale includes 176, 206 and 210 Grove St.
Gray, Gray & Gray, LLP ranked among top 200 accounting firms in U.S.
August 11, 2023
Canton, MA Gray, Gray, & Gray, LLP, a certified public accounting and business advisory firm, has been named one of the country’s Top 200 accounting firms by INSIDE Public Accounting magazine. The publication ranked Gray, Gray & Gray as the 154th largest accounting
NAI Glickman Kovago & Jacobs arranges two leases totaling 3,600 s/f
August 11, 2023
Webster, MA NAI Glickman Kovago & Jacobs recently represented both the tenant and landlord for the lease of 82 Worcester Rd. The 70,000 s/f total distribution/retail/office space is located in Webster Plaza.
Zhang joins The Davis Companies as senior vice president of asset management
August 11, 2023
Boston, MA The Davis Companies (Davis) has appointed Mai Zhang as senior vice president of asset management. Zhang will lead the asset management of Davis’ multi-family portfolio, which includes both direct and joint venture investments, and will play a role in the continued expansion
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