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Category: Owners Developers & Managers
NAI Norwood and Stubblebine arrange sale of self storage facility
March 22, 2019
Methuen, MA NAI Norwood Group completed the sale of 172,000 s/f of self-storage flex space located at 145 Milk St., to Amerco at an undisclosed price. Joseph Mendola of NAI Norwood Group and David and James Stubblebine of The Stubblebine Co.
Featured Property of the Month: Simone well-positioned to meet growing demand for warehouse space wi...
March 22, 2019
Stamford, CT Driven by the explosion in e-commerce, the market for industrial warehouse space has emerged as today’s hottest sector in commercial real estate with demand outstripping supply. As more consumers shop online, retail companies are requiring additional space for distribution centers.
Residential Security Deposit Law primer for R.E. developers Part 2 - by Nelson Santos
March 22, 2019
By breaking down the Security Deposit Law into a checklist format, the landlord can use it for its actual purpose and benefit, rather than falling afoul of the Security Deposit Law and having tenants use it to gain monetary damages.
Hird of O,R&L Commercial brokers $640,000 building sale
March 22, 2019
New Haven, CT O,R&L Commercial, LLC sold the 48,971 s/f manufacturing/warehouse building located at 166 & 128 Chapel St. The property of 2.71 acres covers most of a full city block and is located in the new “Opportunity Zone” section of the city
Acentech hires Briskie and Croteau and promotes five
March 22, 2019
Cambridge, MA According to Acentech, they have completed two new hires and several recent promotions within its headquarters. The new hires include: • Jack Briskie, consultant - Briskie joined Acentech’s noise and vibration group.
DLA Piper’s Global Real Estate’s Annual State of the Market Survey
March 22, 2019
Boston, MA According to DLA Piper’s Global Real Estate’s Annual State of the Market Survey, a significant shift in cross-border investment in U.S. commercial real estate is taking place, with a new country predicted to become the major source of non-U.S. capital for U.S. commercial real estate.
Haynes Development completes Quarry Walk - known as a “Wise & Well” community in Oxford, CT
March 22, 2019
Oxford, CT Imagine entering a medical office campus that features natural stone, a fireplace, the sound of water cascading and a “living wall.” All of this and more is what Quarry Walk is all about - trademarked as a “Wise and Well” live, work, play, dine and healthcare community.
Marcus & Millichap’s Griffith and Pepdjonovic handle $3.9m in sales of 12 Lyndhurst St. and 26 Tha...
March 15, 2019
Dorchester, MA Marcus & Millichap completed the $3.9 million in sales of 12 Lyndhurst St. and 26 Thane St. Evan Griffith and Tony Pepdjonovic at Marcus & Millichap, had the exclusive listings to market the properties and procured...
Newmark Knight Frank arranges 56,962 s/f lease at 225 Franklin St. for DataRobot
March 15, 2019
Boston, MA Newmark Knight Frank (NKF) has completed a 56,962 s/f lease to DataRobot at 225 Franklin St. NKF represented both the property owner, Oxford Properties Group, and the tenant, bringing the building’s occupancy to 90%.
Saracen Properties acquires One Newton Place for $50.75 million - 172,813 s/f office building purcha...
March 15, 2019
Newton, MA Saracen Properties has acquired One Newton Place from Taurus Investment Holdings for $50.75 million. The property is a 172,813 s/f, urban in-fill office building. Saracen partnered with NYC-based Cadre on the deal, their first joint venture and Cadre’s first foray into the Boston market.
Colliers International completes $19.675 million building sale to Premier Capital Partners - sold by...
March 15, 2019
Boston, MA Colliers International’s Multi-Family Advisory Group completed the sale of the newly renovated 29-35 Temple Place in the city’s Downtown Crossing neighborhood. Following a $12 million acquisition in 2016, the seller, a joint venture between Torrington Properties and Mount Vernon Co.
Charter Realty secures 29,451 s/f HomeSense at Enfield Commons
March 15, 2019
Enfield, CT Charter Realty & Development has secured a 29,451 s/f lease for HomeSense at Enfield Commons. The center is located at 25 Hazard Ave. and is owned by Paramount Realty. Enfield Commons is a 281,000 s/f center and current tenants include Aldi, Marshalls, Michaels, Old Navy, Petco and Olive Garden.
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