Category: Brokerage

Salem, MA Spire Investments has completed the purchase of a 12-unit brick building for $3.26 million. The property consists of a three-story brick apartment building which sits adjacent to Shetland Park. The unit mix comprises two- and three-bedroom units, each around 1,000 s/f. The property was marketed by Brian DApice of the Mega Group with an initial asking price of $3.4 million. 

Reading, MA William Dragon, commercial broker with Gibson Sotheby’s Commercial, represented Virginia’s Café & Market in securing retail space at 26 Haven St. in downtown. The landlord was represented by Jeremy Cyrier of Mansard Commercial Properties

Nashua, NH William Peck of Horvath & Tremblay has arranged the sale of a 17-unit multi-family portfolio. Peck exclusively represented the seller and procured the buyer to

Bar Harbor, ME Atlantic Hospitality has sold The Asticou to Maine-founded Ocean Properties. Since 1884, The Asticou has welcomed guests to Mount Desert Island.

Lewiston, ME CORE negotiated  the acquisition of 11 Fireslate Pl., a 14,000 s/f warehouse property by Lumen Industries. CORE facilitated the transaction and will provide

Windham, ME Salty Dog Adventures has leased 7,138 s/f at 770 Roosevelt Tr. for the expansion of its dog daycare and boarding business. Owned by Bridge 33 Capital, the property will serve as Salty Dog

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.

Boston, MA Newmark has arranged the $113.5 million sale of 4-6 and 28 Newbury St., two luxury flagship retail properties located in the Back Bay neighborhood of the city. Newmark co-head of U.S. Capital Markets Robert Griffin, vice chairman Geoffrey Millerd and managing director Paul Penman represented the seller, ASG Equities

Wrentham, MA Lincoln Property Company (Lincoln) has completed a 71,350 s/f lease with Fairbanks Morse Defense at 315 Green St. Lincoln developed the high-bay warehouse in partnership with Stockbridge, a private equity real estate investment management firm.

Bristol, CT Tim Hines of Horvath & Tremblay has arranged the sale of a 30-unit multi-family portfolio. Hines exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $5.15 million. 

Stratford, CT According to Vidal/Wettenstein, a portion of the office building at 999 Oronoque Ln. has been leased to Staged Alacrity. Staged Alacrity is the tri-state areas premier staging company, offering exclusive furniture and props ideal for homes, apartments, and other staging needs.

Stamford, CT National Multifamily brokered the sale of a six-unit apartment building located at 265 Greenwich Ave. to a Connecticut-based investor for $2.28 million ($380,000 per unit).