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Category: Owners Developers & Managers
Griffith, Pepdjonovic of Marcus & Millichap arrange the sale of nine units in Somerville for $2.81 m...
March 19, 2021
Somerville, MA Marcus & Millichap completed the sale of two multifamily properties for a total of $2.81 million. 52 Sargent Ave., sold for $1.41 million, while 134 Pearl St. sold for $1.4 million. Evan Griffith and Tony Pepdjonovic, investment specialists in Marcus & Millichap’s Boston office, had the exclusive listing to market the property
The Stubblebine Company and R.W. Holmes Realty Co. arrange 55,500 s/f lease
March 19, 2021
Devens, MA David and James Stubblebine, principals of The Stubblebine Company, and Michael Ogasapian of R.W. Holmes Realty Co. arranged a 55,500 s/f lease at 4 MacArthur Ave. to Allios, Inc. The Stubblebine Co. represented the landlord, MacArthur Avenue, LLC, and R.W. Holmes Realty Co. represented the tenant in the transaction.
Jumbo Capital sells three properties from its research and development portfolio to Rhino Capital Ad...
March 19, 2021
Andover, MA Privately held real estate investment firm, Jumbo Capital completed the sale of three properties from its research and development portfolio to Rhino Capital Advisors, LLC.
Hartford, Park and Marrero join MassDevelopment’s executive team
March 19, 2021
Boston, MA MassDevelopment has named additions to the agency’s executive team. Theresa Park, current executive director of the Merrimack Valley Planning Commission, will join the agency as deputy director and
GET READY …Its about to get better! - by Carol Todreas
March 19, 2021
Slightly over one year ago, our journey into COVID-19 began. Now we are told by health officials that by late May, 2021, enough of us will be vaccinated so that “normalcy” can return. What does that mean for retail?
Unsatisfied PPP Loans may pose challenges to hotel transactions - by Joshua Bowman & Joseph Wang
March 19, 2021
For hotel owners whose businesses have been devastated by the COVID-19 pandemic, the Paycheck Protection Program (PPP), administered by the U.S. Small Business Administration (SBA), has provided critical funds to help them
JLL Capital Markets closes $33 million sale of Sanofi Genzyme’s Northborough Global Operations Cen...
March 19, 2021
Northborough, MA JLL Capital Markets has closed the $33 million sale of Sanofi Genzyme’s Northborough Global Operations Center, a fully net-leased, 212,000 s/f, GMP-certified industrial facility located at 11 Forbes Rd.
DeWolfe and O’Brien of Greater Boston Commercial Properties Inc. broker sale of 34,5000 s/f buildi...
March 19, 2021
Westborough, MA Tyler DeWolfe and Bret O’Brien of Greater Boston Commercial Properties Inc. represented the seller, R.G. Shakour, Inc. in the sale of a 34,500 s/f manufacturing building at 254 Turnpike Rd..
Penalties invalid if IRS does not get proper approvals - by Michael Duffy
March 19, 2021
When the IRS discovers that a taxpayer failed to report income on their tax returns, or adjusts the amount of tax they owe in an audit, there is a chance that something known as the Section 6662 accuracy-related penalty will be assessed.
Ward of Colliers International sells Rye Airfield Skatepark for $6.1m
March 12, 2021
Rye, NH Colliers International, a global leader in commercial real estate services, has completed the sale of 2 and 6 Airfield Dr. and 190 Lafayette Rd. to Grail Real Estate, LLC and Planche Real Estate, LLC, respectively.
Kulik of Horvath & Tremblay facilitates $1.925 million portfolio sale
March 12, 2021
Whitman, MA Jason Kulik of Horvath & Tremblay has completed the sale of a four building, 18-unit multifamily portfolio. Horvath & Tremblay exclusively represented the seller
Landry/French Construction completes four-level 385-space VA parking garage in record 20-days
March 12, 2021
Portland, ME Landry/French Construction completed the erection of the four-level, 385-space parking garage for the new VA Community-Based Outpatient Clinic (CBOC) located at 141 West Commercial St.
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