Category: Owners Developers & Managers

CBRE arranges $77m sale of Hamel Mill Lofts to affiliate of DSF Group

CBRE arranges $77m sale of Hamel Mill Lofts to affiliate of DSF Group

August 12, 2022
Haverhill, MA CBRE has arranged the $77 million sale of Hamel Mill Lofts, a 305-unit historic renovated mill apartment community located at 40 Locke St.
MANSARD handles $4.8 million building sale

MANSARD handles $4.8 million building sale

August 12, 2022
Lowell, MA MANSARD completed the sale of 1703 Middlesex St., on behalf of Croteau-Deschenes Ventures, LLC to the Merrimack Valley Food Bank for $4.8 million. 1703 Middlesex St. is a 40,359 s/f suburban multi-purpose property zoned SMU. The property features 18’ clear, 39’ column spacing
Toll Brothers breaks ground on two new 55+ active adult communities in Mass.

Toll Brothers breaks ground on two new 55+ active adult communities in Mass.

August 12, 2022
Tyngsborough, MA Toll Brothers, Inc. held a groundbreaking at two of its latest 55+ luxury home communities, Enclave at Tyngsborough and The Willows at Boxford. Both communities are expected to open for sales in the fall.
Horvath & Tremblay sells four retail properties for $12.3 million

Horvath & Tremblay sells four retail properties for $12.3 million

August 12, 2022
Claremont, NH Horvath & Tremblay has completed the sale of four retail properties in New England for a total of $12.3 million. Matt Nadler of Horvath & Tremblay has completed the sale of a Rite Aid in Claremont, N.H. exclusively representing the buyer to close the transaction
Angel Commercial assists PV Asset Management LLC in $1.3 million purchase of 1.13 acres

Angel Commercial assists PV Asset Management LLC in $1.3 million purchase of 1.13 acres

August 12, 2022
Stratford, CT According to Angel Commercial, LLC, PV Asset Management LLC has purchased 1.13 acres at 350 Lordship Blvd. for $1.3 million. The seller was Stratford Industrial Corp., and the land was sold unimproved.
The Stubblebine Company facilitates $23.75 million sale - purchased by Camber Development and Wheelock Capital Partners

The Stubblebine Company facilitates $23.75 million sale - purchased by Camber Development and Wheelo...

August 12, 2022
Woburn, MA A joint venture between Camber Development and Wheelock Capital Partners purchased a multi-tenant industrial building at 45 Industrial Pkwy. The 89,442 s/f building sits on 4.58 acres and is located near the junction of I-93 and I-95.
Campbell of CRA handles sale of Cover Material Sales Inc. to LBS

Campbell of CRA handles sale of Cover Material Sales Inc. to LBS

August 12, 2022
Hyannis, MA Commercial Realty Advisors (CRA) facilitates the acquisition of Cover Material Sales Inc. to LBS, a manufacturer and distributor of materials for the production of books and luxury packaging. After 44 years at the helm of Cover Material Sales, John Doherty Jr. is retiring.
Paterno promoted to senior associate at Northeast Private Client Group

Paterno promoted to senior associate at Northeast Private Client Group

August 12, 2022
Shelton, CT Northeast Private Client Group (NEPCG) has promoted Robert Paterno to senior associate. He joined the real estate investment sales firm’s Connecticut office in 2018.
Nahigian of Auburndale Realty handles $4.2 million building sale

Nahigian of Auburndale Realty handles $4.2 million building sale

August 12, 2022
Whitinsville, MA Rob Nahigian, FRICS, CRE, SIOR, MCR of Auburndale Realty Co. completed a corporate real estate sale transaction for Hoskin&Muir, d/b/a HMI-Cardinal of Louisville, KY and its subsidiary Woon-Tech of 369 Douglas Rd.
Bozzuto debutes One65 Main - a 300-unit apartment building

Bozzuto debutes One65 Main - a 300-unit apartment building

August 5, 2022
Cambridge, MA Bozzuto, one of the top-rated property management companies in the country, debuted One65 Main. Designed by Elkus Manfredi targeting LEED Gold v4 certification, One65 Main is a sought-after apartment building
Trammell Crow and Invesco Real Estate to develop life science building

Trammell Crow and Invesco Real Estate to develop life science building

August 5, 2022
Lexington, MA Trammell Crow Company (TCC), a global commercial real estate developer, and joint venture partner Invesco Real Estate, a global real estate investment manager, plans to develop a purpose-built, life science building.
Orchard Acres Apartments sold by Chozick Realty for $12.5 million

Orchard Acres Apartments sold by Chozick Realty for $12.5 million

August 5, 2022
Storrs, CT Tom Boyle and Steve Pappas of Chozick Realty have completed the sale of Orchard Acres Apartments located at the University of Connecticut. This student housing apartment complex closed at a sales price of $12.5 million or $130,208 per unit.