Category: Owners Developers & Managers

Norwood, MA Atlantic Commercial Real Estate, LLC leased 1,200 s/f of office space in 175 Walpole St., to Century 21 Northeast. This transaction concludes the lease-up of this multi-use property. Atlantic Commercial represented the landlord in the transaction.

When a new client with back taxes reaches out to me, inevitably the first question out of their mouth is whether the Internal Revenue Service (IRS) is willing to compromise on the amount owed. In what almost certainly sounds like a lawyer’s answer, my response is always, “It depends.” 

Lynn, MA A.W. Perry, a real estate investment, development, and services firm, in partnership with Novaya Real Estate Ventures, have purchased 626 and 680 Lynnway Rd. and 0 Circle Ave. Known as the former Garelick Farms plant, the 250,000 s/f industrial facility

Boston, MA Colliers International’s investment sales team has completed the sale of the leasehold interest of One Au Bon Pain Way, a 1.4-acre life science redevelopment opportunity in Boston’s Seaport district. The Colliers team, consisting of managing director Frank Petz

Wilton, CT CBRE completed the $34.75 million sale of Avalon Wilton on Danbury Rd., a 100-home luxury apartment community. The CBRE team of Jeffrey Dunne, Gene Pride, Jeremy Neuer, Steve Bardsley, David Gavin and Stuart MacKenzie

Amesbury, MA Marcus & Millichap completed the sale of the Amesbury Collection, a pair of apartment complexes totaling 183 units. The assets sold for a total of $26.5 million. Evan Griffith, first vice president investments, and Tony Pepdjonovic,

Bedford, MA Privately held real estate investment firm, Jumbo Capital has added a new biotech asset to its nearly 4.5 million s/f of owned commercial and residential real estate property in Greater Boston with the $72.5 million purchase of One Patriots Park, a 143,600 s/f life science facility recently repositioned by Longfellow Real Estate Partners and Bain Capital.

strong>Needham, MA Top-100 advisory and accounting firm Grassi has expanded into the Boston-area marketplace with the acquisition of Levine, Caufield, Martin & Goldberg, P.C. (LCMG). The move adds three partners, Bruce Levine, Sherri Martin and Bernard Goldberg, and one principal, Thomas Kreckler, to Grassi’s leadership team.

Worcester, MA JLL Capital Markets has completed the $14.5 million sale of 340 Main St., a historic, nine-story office building totaling 333,302 s/f. JLL represented the seller, Commerce Associates, LLC and procured the buyer, The Silverbrick Group.

Framingham, MA King Street Properties and The Carlyle Group completed the sale of 33 New York Ave. and 1 & 5 Mountain Rd. to Oxford Properties Group for $151 million. In 2018, King Street and Carlyle purchased

Westbrook, ME Calare Properties sold 5 Bradley Dr. after purchasing the former Olympia Sports warehouse in May of this year. The 126,072+ s/f building sold for $22.692 million or $180 per s/f, setting a record in the market.

What a wild ride we had in 2020. When I look back at the past year things have happened that you thought would only happen in a movie. The pandemic hit in February and just like that the whole world changed. We went from going into work to either working from home