Category: Owners Developers & Managers

Worth Avenue Capital places $130,000 loan

Worth Avenue Capital places $130,000 loan

December 17, 2021
New London, CT Worth Avenue Capital, LLC (WAC) closed a $130,000 CRE loan for a real estate investor who purchased several commercial condominium units. The loan is secured by a blanket first mortgage on the condominium units
Griffith, Buckley and Pepdjonovic of M&M broker $6.05 million sale

Griffith, Buckley and Pepdjonovic of M&M broker $6.05 million sale

December 17, 2021
Waltham, MA Marcus & Millichap has completed the sale of 50-58 Walnut St., a 22-unit multifamily property, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $6.05 million.
Munsinger promoted to COO at Senné

Munsinger promoted to COO at Senné

December 17, 2021
Boston, MA Senné has promoted Tyler Munsinger to the company’s chief operating officer. Munsinger previously led the accounting team at Senné, working directly with the chief financial officer to manage financial analysis and reporting
Stang of Coastal Commercial handles sale of 305 Nash Rd.

Stang of Coastal Commercial handles sale of 305 Nash Rd.

December 17, 2021
New Bedford, MA Coastal Commercial Real Estate has completed the  sale of 305 Nash Rd. The 128,041 s/f building sits on 4.36 acres of land in a high traffic area bordered by three streets - Nash Rd., Edison St., and Belleville Rd.,
Nahigian of Auburndale Realty Co., completes counseling assignment for Southbridge Associates, LLC

Nahigian of Auburndale Realty Co., completes counseling assignment for Southbridge Associates, LLC

December 17, 2021
Southbridge, MA Rob Nahigian, FRICS, CRE, SIOR, MCR of Auburndale Realty Co., has completed a counseling assignment for Southbridge Associates, LLC on the Southbridge Hotel and Conference Center. The conference center contains two levels
BARNES buildings named Top Volume Builder in the U.S.A.

BARNES buildings named Top Volume Builder in the U.S.A.

December 17, 2021
Weymouth, MA BARNES buildings & management group, inc. (BARNES buildings), a leading full-service provider of engineered steel building systems was recently named the Top Volume Builder by Metallic Building Systems
Newmark completes $29.5 million sale of 5 Branch St. in Methuen, MA

Newmark completes $29.5 million sale of 5 Branch St. in Methuen, MA

December 10, 2021
Methuen, MA Newmark has completed the $29.5 million sale of 5 Branch St., a medical office building anchored by Dana-Farber Cancer Institute and located north of Boston. Newmark’s co-head of U.S. capital markets Robert Griffin, executive managing director Frank Nelson, senior managing director Michael Greeley
Boston City Group, Inc. sells 42-48 Batterymarch Street for $1.8m

Boston City Group, Inc. sells 42-48 Batterymarch Street for $1.8m

December 10, 2021
Boston, MA 42-48 Batterymarch St., a two-story, 4,329 s/f building in the Financial District that played an illustrious role in the city’s business history, was sold on November 18, 2021 for $1.8 million.
Project of the Month: Groom Construction Co., Inc.  completes 61-unit, mixed-use BRIX Condominiums in Salem, MA

Project of the Month: Groom Construction Co., Inc. completes 61-unit, mixed-use BRIX Condominiums i...

December 10, 2021
Salem, MA At the site of the former District Courthouse in Salem now stands BRIX, successfully completed by Groom Construction this fall and located in the heart of historic and cosmopolitan Salem, Mass.
Undertaking a new project? Pay attention early to media inquiries - by Harry Zlokower

Undertaking a new project? Pay attention early to media inquiries - by Harry Zlokower

December 10, 2021
As development picks up, journalists too are on the lookout, scouring records and scouting each other’s coverage in hopes of breaking stories on new acquisitions, plans, groundbreakings and more. As quickly as plans are filed or demolition and construction begins
CBRE handles sale of 59,146 s/f office building

CBRE handles sale of 59,146 s/f office building

December 10, 2021
strong>Boston, MA CBRE has arranged the sale of a 59,146 s/f office/retail property and an adjacent parking lot in the city’s Seaport District. San Diego-based Phase 3 Real Estate Partners (P3RE) acquired both properties. The sale price was not disclosed.
Horvath & Tremblay sells three New England retail properties for $12.9 million - including $6.25 million sale of two Wareham Marketplace pad sites

Horvath & Tremblay sells three New England retail properties for $12.9 million - including $6.25 mil...

December 10, 2021
Wareham, MA Horvath & Tremblay has completed the sale of three retail properties in New England for a total of $12.9 million. Bob Horvath and Todd Tremblay of Horvath & Tremblay completed the sale of the Wareham Marketplace Pad Sites (Wendy’s, AutoZone and Mattress Firm). Horvath & Tremblay exclusively represented