Category: Owners Developers & Managers
B&D Holdings acquires fully leased
109,300 s/f industrial property for $18.5 million
December 20, 2024
Avon, MA JLL capital markets arranged the $18.5 million sale and acquisition financing for 21 Parker Dr., a 109,300 s/f industrial asset. JLL represented the seller, Oliver Street Capital and Bain Capital Real Estate, in the sale to B&D Holdings. Working on behalf of the new owner
Nickerson of Fieldstone Commercial Properties leases 9,500 s/f flex space
December 20, 2024
Acton, MA Fieldstone Commercial Properties, Inc. negotiated the leasing of 9,500 s/f of flex space at 43 Nagog Park to Control Resources, Inc. Nate Nickerson of Fieldstone represented the tenant.
Muraida promoted to senior vice president, director of commercial real estate banking at Rockland Tr...
December 20, 2024
Boston, MA Rockland Trust has promoted Richard Muraida to senior vice president, director of commercial real estate banking. In this newly created role, Muraida will be responsible for overseeing the bank’s institutional non-owner-occupied investment real estate activities while continuing to manage Rockland Trust’s low income
Norton of Horvath & Tremblay sells two multi-family properties $2.525 million
December 20, 2024
North Andover, MA Spencer Norton of Horvath & Tremblay has facilitated the sale of two transactions totaling nine units for a total of $2.525 million. 100 Elm St. is a mixed-use property that Norton sold for $1.225 million. This represents a price of $245,000 per unit and a cap rate of 7.05%. The property contains
Aho Properties closes $1.35 million sale of 10,920 s/f industrial building
December 20, 2024
Acton, MA Joel Aho, president of Aho Properties, LLC and Max Geesey of Aho Realty Group represented ownership in the sale of 5 Granite Rd. for $1.35 million. The 10,920 s/f building is located on 1.28 acres.
CBRE arranges sale of 59-unit Ellis Factory Lofts for Chinburg Properties to SMC Management
December 20, 2024
Haverhill, MA Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler negotiated the sale of Ellis Factory Lofts, a 59-unit, class A apartment building. CBRE represented the seller, Chinburg Properties, a New Hampshire-based developer. The team
Mott & Chace Sotheby’s International Realty sells 435 Angell St. for $1.85 million
December 20, 2024
Providence, RI Mott & Chace Sotheby’s International Realty brokered the sale of 435 Angell St. for $1.85 million. The sellers were represented by Cherry Arnold and Carl Henschel, both sales associates of Mott & Chace Sotheby’s. The Erkkinen-Cohen Group of Residential Properties, Ltd.
How on-campus hotels are catalysts for long-term university value and impact - by Harry Wheeler
December 20, 2024
The new year will be a pivotal moment for campus-based hotel developments. The convergence of resources, financing, and benefits makes this approach increasingly viable, with the profitability of such projects creating a long-term return on investments (ROI) for higher education entities and developers alike. Universities have increasingly embraced
Greene of Compass Providence sells 4,500 s/f 102 Williams St. for $1.7 million
December 20, 2024
Providence, RI Compass negotiated the sale of 102 Williams St. for $1.7 million. Kira Greene, a founding agent of Compass Providence, represented the seller, and Annie Becker of Lila Delman Compass’ Newport office represented the buyer.
Dining in transition: The future of Portland’s restaurant scene - by Derek Miller
December 20, 2024
Portland’s restaurant industry has recently made headlines, though unfortunately for all the wrong reasons. A wave of restaurant closures has drawn attention from media outlets across Maine, with the Portland Press Herald, MaineBiz, and Maine Public all recently covering the local businesses closing their doors.
Cresa secures 11,750 s/f lease to Health Care
For All and Health Law Advocates at 70 Franklin St...
December 13, 2024
Boston, MA Cresa Boston has finalized negotiations for Health Care For All and Health Law Advocates to lease 11,750 s/f at 70 Franklin St. The nine-story office building is LEED Gold certified with proximity to Downtown Crossing and commuter lines and will allow both organizations to share
Greater Boston Commercial Properties sells
48,848 s/f office building for $6.4 million
December 13, 2024
Westborough, MA Bret O’Brien of Greater Boston Commercial Properties, Inc. represented the seller in the sale of 287 Turnpike Rd. The 48,848 s/f office building is located on 15.82 acres with visibility on Rte. 9 at a lighted intersection.
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