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Category: Owners Developers & Managers
MassDevelopment issues $53.55m bond for Washington Pine LLC
March 18, 2022
Boston, MA MassDevelopment has issued a $53.55 million tax-exempt bond on behalf of Washington Pine LLC, an affiliate of The Community Builders, Inc. (TCB) and Pine Street Inn, which will use bond proceeds to construct a five-story, 144,000 s/f mixed-use building
Longpoint and Brookfield recapitalize national logistics portfolio through newly formed venture
March 18, 2022
Boston, MA Longpoint Partners, a real estate investment company, completed the closing of its joint venture with Brookfield through its Real Estate Secondaries business. The joint venture has recapitalized a $700 million,
Klein of Marcus & Millichap handles $5m sale of 45,634 s/f building
March 18, 2022
Worcester, MA Marcus & Millichap completed the sale of 180-184 Main St., a 45,634 s/f office property, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $5 million.
Hughes of New Dover Associates, Inc. and Gordon Real Estate Corp. handle $1.625 million sale of 929...
March 18, 2022
Framingham, MA Scott Hughes, president of New Dover Associates, Inc. and James Gordon, president, Peter Gordon, senior vice president, and Jonathan Gordon, senior associate of Gordon Real Estate Corp.
Chozick and Pappas of Chozick Realty close $1.05 million sale
March 18, 2022
Hartford, CT Steve Pappas and Rick Chozick of Chozick Realty have marketed and closed on 19-33 Main St. in downtown for a price of $1.05 million. This 20,000 s/f office building is located on the southern edge of the downtown Hartford CBD
Mott & Chace Sotheby sells 12 acres for $1.2 million in Tiverton, RI
March 18, 2022
Tiverton, RI Mott & Chace Sotheby’s International Realty completed the sale of 0 High Hill Rd. for $1.2 million. The property, comprised of twelve acres and two approved buildable lots, offers water views.
Smith, Pentore and Kelleher of Horvath & Tremblay broker $5.4 million sale
March 11, 2022
Fall River, MA Spencer Smith, John Pentore and Dennis Kelleher of Horvath & Tremblay have completed the sale of Hargraves & Reuben, a 49-unit multifamily portfolio for $5.4 million. The adjacent, four building portfolio closed at $110,204 per unit and a 7.5% cap rate.
The Boulos Company brokers sale of 1 & 13 Davis Farm Rd. for $8.685 million
March 11, 2022
Portland, ME The Boulos Company completed the sale of 1 & 13 Davis Farm Rd. The three-building portfolio consists of over 135,000 s/f and sold for $8.685 million in a partially off-market transaction. The deal was brokered by The Boulos Company’s Drew Sigfridson, SIOR; Tony McDonald, CCIM, SIOR; and Jon Rizzo.
Northeast Private Client Group brokers $7.62 million sale of four Lowell, MA buildings
March 11, 2022
Lowell, MA Northeast Private Client Group (NEPCG) has completed the sale of Market St. mixed-use, walkway condominiums, Chelmsford St. Condominiums, and Presidential Park Condominiums. Senior associates Drew Kirkland and Francis Saenz represented the sellers and procured the buyers
Brady Sullivan Properties secures 18,767 s/f in new tenants at Waumbec Mill in Manchester, NH
March 11, 2022
Manchester, NH The Manchester Millyard saw continued momentum through the second half of 2021, and Brady Sullivan’s Waumbec Mill was able to accommodate several tenants seeking modernized commercial space totaling 18,767 s/f in new leases.
Press/Cuozzo brokers $1.2 million building sale
March 11, 2022
Cheshire, CT Stephen Press, SIOR of Press/Cuozzo Commercial Services completed the sale of the former Furniture Barn property at 535 West Main St., a 25,000 s/f retail showroom facility set on 1.61 acres.
Griffith and Pepdjonovic of Marcus & Millichap broker $3.25 million
March 11, 2022
Foxborough, MA Marcus & Millichap completed the sale of 14-18 Pierce St., a 16-unit apartment property, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $3.25 million.
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