Category: Owners Developers & Managers

Griffith and Pepdjonovic of Marcus & Millichap broker $6.92m sale

October 2, 2020

Quincy, MA Marcus & Millichap completed the sale of 40 Butler Rd., a 34 unit brick apartment property, according to Thomas Shihadeh, regional manager of the firm

Amstel Heritage Development completes 25-unit The Aver in Watertown, Mass.

October 2, 2020

Watertown, MA Amstel Heritage Development completed The Aver apartment community, an amenity-rich project within walking distance of downtown and close to the Charles River Bike Path. The 25-unit pet-friendly complex, consisting of two studios, two one-bedroom, and 21 two-bedroom units, is located at 345-385 Pleasant St.

Skanska tops out at 118,000 s/f new Brookline High School

October 2, 2020

Brookline, MA Leading construction and development firm Skanska has reached a significant milestone at Brookline High School with the steel topping out, effectively marking the project’s structural completion. The construction team has worked throughout the pandemic to make significant progress

Newman Properties purchases 87-90 Winthrop Shore Dr. for $6 million - financing was provided by Hans...

October 2, 2020

Winthrop, MA Newman Properties’ affiliate Dighton Gardens LLC has purchased a 38-unit, residential property at 87-90 Winthrop Shore Dr. This is the first residential property

O’Brien and Stepien of GBCP broker $3.1m sale

October 2, 2020

Northborough, MA Bret O’Brien and Mitchell Stepien of Greater Boston Commercial Properties, Inc. (GBCP)sold 1 East Main St. for $3.1 million

HYM Investment Group receives approvals from the Boston Planning and Development for 161-acre Suffol...

October 2, 2020

Boston, MA The HYM Investment Group, the owner of the 161-acre former racetrack site at Suffolk Downs, received unanimous approval from the Boston Planning and Development

Can you use exchange funds for improvements?- by Bill Lopriore

October 2, 2020

A 1031 exchange is a great tool for exchangers who want to avoid paying tax on the gain from the sale of real estate. However, in order to completely defer the tax

Grill of Fairlane Properties handles 72,299 s/f lease to Verizon N.E.

October 2, 2020

Woburn, MA Fairlane Properties, Inc. completed the long-term lease extension to Verizon New England of 72,299 s/f at 275 Wildwood Ave. Verizon

Eklund of Commercial Realty Advisors handles sale of two condos

October 2, 2020

Sandwich, MA Jeff Eklund, realtor at Commercial Realty Advisors, completed the sale of two 15 Jan Sebastian industrial condominiums. The sale price was

Building Engines releases Prism

October 2, 2020

Boston, MA Building Engines, the leading provider of building operations software for modern commercial real estate (CRE), announced the general availability of Prism. The new platform is designed to improve net operating income (NOI) across all market sectors, from office, retail, industrial, to medical office

Gelati joins the Pearce R.E. commercial division

October 2, 2020

North Haven, CT According to Barbara Pearce, chair and CEO of Pearce Real Estate, John Gelati has joined Pearce Real Estate as a commercial broker in the company

Norton of Horvath & Tremblay arranges $1.9 million portfolio sale

October 2, 2020

Lowell, MA Spencer Norton of Horvath & Tremblay has arranged the sale of the Bridge & Fifth St. Portfolio. Norton represented both buyer and seller to close