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Category: Owners Developers & Managers
The Stubblebine Co. arranges $22.5 million sale of 76,570 s/f property
November 19, 2021
Woburn MA David and James Stubblebine, principals of The Stubblebine Company/CORFAC International, arranged the sale of 216 New Boston St. and 225 Merrimac St., two industrial buildings totaling 76,570 s/f on 14.68 acres of industrial zoned land for $22.15 million.
MassDevelopment issues $37.89 million tax-exempt bond on behalf of BC Baystate Place LLC for Springf...
November 19, 2021
Springfield, MA MassDevelopment has issued a $37.89 million tax-exempt bond and a $988,891 taxable bond on behalf of BC Baystate Place LLC, an affiliate of Beacon Communities LLC, which is using proceeds to buy, renovate, and equip the Baystate Place apartment complex
The Western Mass. CRE market has largely mirrored the rest of the country in 2020 and 2021 - by Wil...
November 19, 2021
The Western Massachusetts commercial real estate market has largely mirrored the rest of the country in 2020 and 2021. The industrial sector has been on a tear while the retail and office markets, not so much.
Fitzgerald joins The Savings Bank as vice president - commercial
November 19, 2021
Wakefield, MA Ed Fitzgerald has joined The Savings Bank as vice president - commercial lender. Fitzgerald’s new appointment marks his return to the bank, having served in the same capacity from 2008 to 2012.
Verenis of Marcus & Millichap handles $1.2 million apartment building sale
November 19, 2021
Worcester, MA Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has competed the sale of Arline Street Apartments, a six-unit apartment property, according to Thomas
Campanelli acquires former CISCO campus - Newmark to lease The Park at Beaver Brook
November 19, 2021
Boxborough, MA Campanelli has assigned Newmark to lead leasing efforts at the former CISCO headquarters campus, newly rebranded as The Park at Beaver Brook. The Park at Beaver Brook totals more than 409,000 s/f of existing office space and up to 1 million s/f of new development
Northeast Private Client Group brokers $4.1 million building sale
November 19, 2021
Holliston, MA Northeast Private Client Group’s (NEPCG) has completed the sale of Central St. mixed-use building. Senior associates Francis Saenz and Drew Kirkland represented the sellers and procured the buyers for the mixed-use transaction
Purchase and Sale of Real Estate - Part 1 - by Michael Brangwynne
November 19, 2021
Introduction: Agreements for the purchase and sale of real estate are governed by the same general contract principles that apply to any binding agreement between two or more parties. Nevertheless, there are certain legal issues that often arise in the purchase and sale of real estate
Mass. Building Trades Unions applaud President Biden and Congress for infrastructure investment
November 19, 2021
Boston, MA The 75,000 members of the Massachusetts Building Trades Unions applaud President Biden and the Congress for passing and signing the largest infrastructure investment
Kelleher & Sadowsky orchestrates sale of vacant parcels on Park Ave. to Clark University for $6.95m
November 12, 2021
Worcester, MA Kelleher & Sadowsky Associates completed the land sale of 520 Park Ave. and 111 Maywood St. totaling 7.3 acres by Family Holdings Nominee Trust and Jerek Realty, Inc.to Clark University for $6.95 million.
JLL Capital Markets arranges $5.3m sale of industrial facility
November 12, 2021
Milford, MA JLL Capital Markets has closed the $5.3 million sale of a 32,040 s/f vacant industrial warehouse facility at 357 Fortune Blvd. Situated on 3.7 acres, 357 Fortune Blvd. is in the town of Milford, a southeastern suburb about 26 miles from downtown Boston.
Petz, Sherry, Pinado, Nasca, and Howard of Colliers facilitate $153.5 million sale of 600,000 s/f tw...
November 12, 2021
Northborough, MA Colliers has facilitated a sale transaction for two distribution centers at 330 & 350 Bartlett St. Led by Colliers managing director, Frank Petz, the fully leased 600,000 s/f properties sold to Link Logistics/Blackstone for $153.5 million.
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