Category: Massachusetts

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. 

Boston, MA Shawmut Design and Construction hosted its 17th annual Construction Safety Week with a comprehensive slate of nationwide programming reinforcing its year-round culture

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

West Dennis, MA DJSA Architects has completed the design and opening of Love Farms, a new ground-up restaurant and hospitality destination on Cape Cod that combines dining, agriculture, and outdoor event space.

Needham, MA Linear Retail Properties, LLC has acquired 113-133 Chapel St. and 1013-1019 Great Plain Ave. The property is a single-story 11,330 s/f, fully-leased store block. The purchase price was $7 million. 113-133 Chapel St. and 1013-1019 Great Plain Ave. are located 10 miles southwest of downtown Boston.

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.

Boston, MA Redgate, a leading real estate investment and advisory firm, has completed a series of promotions and new hires across the firm. These appointments recognize individuals who exemplify the leadership, collaboration, and thoughtful approach that underpin Redgate’s client and partner relationships.

Cambridge, MA Marcus & Millichap has completed the sale of 23-25 Hammond St., a 10-unit multifamily property. The asset sold for $6.55 million.

Rockland, MA Rockland Trust has appointed Stephen Gogolak as executive vice president and chief marketing officer (CMO). Gogolak brings more than 15 years of experience leading brand, marketing, customer experience, and growth strategy in financial services.

North Adams, MA MountainOne has appointed Nick Darrow as assistant vice president, human resources officer. He is based in the company’s local corporate office.

Peabody, MA Nordlund Associates, Inc. has completed the sale 39 Wallis St. Chris Everest, Logan Brown and Kevin Olson of Nordlund Associates represented the seller, Tan-Rite Realty LLC. The transaction closed for $2.85 million.