Portland, ME Rob Nahigian, FRICS, SIOR, CRE, MCR of Auburndale Realty Co., and Tom Moulton, SIOR of The Dunham Group, represented CADC Holdings/DeepEdge of Boston in its acquisition of 340 Cumberland Ave. The sale occurred February 15, 2022 for $6.9 million.
Plymouth, MA Jason Kulik of Horvath & Tremblay has completed the sale of the Summer St. Portfolio, an eight-unit multifamily portfolio. Kulik exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $1.85 million.
Burlington, MA Privately held commercial real estate investment firm Jumbo Capital has sold its recently completed, large scale self-storage facility to Baranof Holdings/UBS for $26.5m. The project was developed by Jumbo and built by the firm’s affiliated construction company, Surus Development and Construction.
Revere, MA Cushman & Wakefield has arranged the sale of 133 Salem St., the former West Revere Health Center. The 140-bed former nursing home sold for $4.5 million, equating to $76 per s/f.
Norwood, MA R.W. Holmes negotiated a 15,030 s/f lease renewal for Revolution Composites at 340 Vanderbilt Ave. Robert Strelke, vice president at R.W. Holmes, represented both the tenant and landlord, Jim Shane.
Exeter, RI Kevin Casey of Sweeney Real Estate & Appraisal represented the sellers, 570 Nooseneck Hill LLC, in the sale of the 27,300 s/f flex building. The site was built in 2004 and utilized for the sale and distribution of motorcycle accessories
Boston, MA Dartmouth Property Management (DPM) has been awarded three more property management assignments to round out the first quarter of 2022. The properties include 660 Harrison Ave., 720 Harrison Ave. and 151 Charles St.
Boston, MA Hyde Park’s historic Vertullo Building, following a decade-long, $1.4 million restoration and adaptive reuse investment by the non-profit Historic Boston, was sold to the owner of Intriguing Hair, a black-owned business that is a six-year tenant in building’s retail space.
Westborough, MA Ryan Benton of Horvath & Tremblay has completed the sale of a six-unit apartment building located at 46-52 South St. Benton exclusively represented the seller and procured the buyer to complete the transaction
Darien, CT Federal Realty Investment Trust has released the first 25 residential homes for lease at Darien Commons. The new-construction development increases the rental housing options in highly desirable areas and has generated strong interest.
Lynn, MA The Dolben Company, Inc. in joint venture with MINCO Development Corp. completed the acquisition of Cove164, located adjacent to the waterfront. This boutique community is comprised of a four-story newly constructed building consisting of 72 apartment homes over parking.
Framingham, MA According to Paradigm Properties, the company along with North Colony Asset Management have completed the purchase of 111 Speen St. The Paradigm/North Colony team purchased the 117,000 s/f first-class office building from TA Realty