Category: Owners Developers & Managers

CBRE arranges sale of 59-unit Ellis Factory Lofts for Chinburg Properties to SMC Management

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

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

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

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

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 <br>For All and Health Law Advocates at 70 Franklin St.

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 <br>48,848 s/f office building for $6.4 million

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.
Marcus & Millichap arranges sale <br>of 198-unit self-storage property

Marcus & Millichap arranges sale
of 198-unit self-storage property

December 13, 2024
Nantucket, MA Marcus & Millichap has completed the sale of Old South Self Storage, a 198-unit self-storage property. Palladino, Kevin Bledsoe and Matthew Junkin, investment specialists in Marcus & Millichap’s King of Prussia office,
Goldberg of Spire Investments purchases <br>three property portfolio for $5.35 million

Goldberg of Spire Investments purchases
three property portfolio for $5.35 million

December 13, 2024
Beverly, MA Jay Goldberg, president and owner of Spire Investments, has completed the purchase of a three-building portfolio. The properties consist of a total of 21 units, mostly residential with a couple mixed-use commercial tenants.
Suffolk completes Lowell High School <br>Freshman Academy in time for start of school

Suffolk completes Lowell High School
Freshman Academy in time for start of school

December 13, 2024
Lowell, MA When Lowell High School teachers and students returned to school from summer vacation August 27, they walked onto a transformed campus. Visible to everyone was the new five-story Freshman Academy, Phase 2 of a four-phase project led by construction manager Suffolk to modernize and expand the school.
Berkowitz, Morris and Massirio of O,R&L Commercial handle two deals

Berkowitz, Morris and Massirio of O,R&L Commercial handle two deals

December 13, 2024
Bloomfield, CT O,R&L Commercial, LLC has completed deals including the following: Mark Berkowitz of O,R&L Commercial brokered the lease of 4,582 s/f of industrial space at 6A Northwood Dr. 6A Northwood is a 13,981 s/f industrial building situated on 1.07 acres in the I-2 zone.
Opening doors to inclusivity: Automatic doors align with the mission of International Persons with Disabilities Day

Opening doors to inclusivity: Automatic doors align with the mission of International Persons with D...

December 13, 2024
Boston, MA International Persons with Disabilities Day is observed each December 3rd, shining a light on the importance of removing physical barriers for the over one billion people worldwide living with disabilities. The American Association of Automatic Door Manufacturers (AAADM) works hard to amplify the message that these efforts benefit society as a whole.