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Category: Owners Developers & Managers
The Dolben Company, Inc. completes the recapitalization of The Ledges at Johnston
May 3, 2019
Johnston, RI The Dolben Company, Inc. has completed the recapitalization of The Ledges at Johnston. A Dolben affiliate purchased the interest in the project of an institutional joint venture partner, obtained new $42.2 million financing from KeyBank/Fannie Mae
“Real” vs. “Fake” doesn’t only describe the news - by Stanley Hurwitz
May 3, 2019
If you’re like me, you’re exhausted from trying to separate “real news” from “fake news.” I was inspired to look into another area where fake vs. real confuses us daily: real sugar vs. artificial sweeteners. We’re not always aware of what’s making our palate smile.
Calare Properties leases 53,500 s/f to Prodrive Tech. at 15-21 Univ. Rd.
May 3, 2019
Canton, MA Calare Properties has leased 53,500 s/f at 15-21 University Rd. to Prodrive Technologies. The Netherlands-based technology research, product development, and manufacturing company will relocate its U.S. headquarters to the property
Marcus & Millichap broker sale of 83,271 s/f self-storage facility in Norwood, Mass.
May 3, 2019
Norwood, MA Marcus & Millichap has completed the sale of Extra Space Storage (managed), a 83,271 s/f self-storage facility, according to Michael Glass, regional manager of the firm’s Columbus office.
Elcock and Cronin of Colliers International arrange
$5 million sale to Conservatory Lab Charter ...
May 3, 2019
Dorchester, MA Colliers International represented both buyer and seller in a $5 million transaction that will allow the Conservatory Lab Charter School (CLCS) to build a second campus of 45,000 s/f at 395 Columbia Rd.
Marcus Partners acquires 94,125 s/f medical office building
May 3, 2019
Methuen, MA An affiliate of Marcus Partners, a real estate investment, management and development firm, has acquired 5 Branch St., a 94,125 s/f office building, for an undisclosed amount. The firm will convert the building into a medical
Combined Properties renews Walden Behavioral Care to 6,663 s/f
May 3, 2019
Peabody, MA According to Combined Properties, Inc., Walden Behavioral Care, LLC has renewed a 6,663 s/f lease at Two Corporation Way in Centennial Park.
Frahm joins Benchmark as chief marketing officer
May 3, 2019
Waltham, MA According to Benchmark, Heather Frahm has joined the company’s senior leadership team in the newly created role of chief marketing officer (CMO). Frahm has earned national acclaim as a digital marketing thought leader and pioneer and has addressed audiences nationwide
CBRE completed sale of 131 Hartwell Ave. to Azad Legacy Partners
May 3, 2019
Lexington, MA On behalf of Griffith Properties, CBRE completed the sale of 131 Hartwell Ave. to Azad Legacy Partners. Azad plans to occupy a portion of the 78,717 s/f office building for its own use and lease
Cornerstone arranges $3m in financing for multifamily portfolio
May 3, 2019
South Boston, MA Cornerstone Realty Capital arranged $3 million in financing for a portfolio of properties in the city. There are 9 units between the properties, a mix of 6 one-bedroom, one-bathroom units, 1 two-bedroom, one-bathroom unit, 1 three-bedroom,
Trends to watch in Boston’s real estate market in 2019 - by Peggy Pappas
May 3, 2019
The commercial real estate landscape is showing signs of continuous change, particularly with some potentially major shifts in the ongoing trends we saw in 2018. The first quarter of 2019 has shown us that nothing is certain in this industry, and real estate professionals should pay close
Aho Properties reps ACZ Cedar Hill in $900,000 land purchase
May 3, 2019
Northboro, MA Aho Properties LLC represented ACZ Cedar Hill LLC in the purchase of 6.43 acres of industrial land at 400 Cedar Hill Rd. for $900,000.
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