Category: Owners Developers & Managers

JLL Capital Markets arranges $7.4 million sale of fully leased warehouse

JLL Capital Markets arranges $7.4 million sale of fully leased warehouse

May 28, 2021
Norwood, MA JLL Capital Markets has closed the $7.4 million sale of a 44,406 s/f industrial manufacturing facility at 244 Vanderbilt Ave. LL represented the buyer, Berkeley Partners, which purchased the asset from Arris Partners, LLC.
Horvath & Tremblay’s Girolamo brokers sale of 77-unit The Cabot Collection for $17.6 million - a multifamily portfolio located in Beverly, Mass.

Horvath & Tremblay’s Girolamo brokers sale of 77-unit The Cabot Collection for $17.6 million - a m...

May 28, 2021
Beverly, MA Stephen Girolamo of Horvath & Tremblay has arranged the sale of The Cabot Collection, a 77-unit multifamily portfolio. The eight-building portfolio, situated in downtown, sold for $17.6 million, or $228,571 per unit and a 5.9% cap.
CBRE completes $34.8 million sale of 180-unit Alvista Willow Brook on behalf of the seller, an affiliate of Phoenix Realty Group

CBRE completes $34.8 million sale of 180-unit Alvista Willow Brook on behalf of the seller, an affil...

May 28, 2021
Meriden, CT CBRE has completed the $34.8 million sale of Alvista Willow Brook, a 180-unit apartment community. The CBRE team of Jeffrey Dunne, Simon Butler, Biria St. John, Gene Pride, Jeremy Neuer, Steve Bardsley, David Gavin and Travis Langer represented the seller
Repurposing new life to struggling retail centers - by Gary O’Connor & Amanda Gurren

Repurposing new life to struggling retail centers - by Gary O’Connor & Amanda Gurren

May 28, 2021
In recent years, malls and large retail centers have seen a decline in customers, increased vacancies and a significant loss in value. The pandemic has only exacerbated these negative trends. Last year saw the closure of more than 11,000 retail stores nationwide
SEEM Collaborative to move 40,000 s/f school to Cummings Properties at 260 Fordham Rd.

SEEM Collaborative to move 40,000 s/f school to Cummings Properties at 260 Fordham Rd.

May 28, 2021
Wilmington, MA SEEM Collaborative will relocate its Therapeutic Learning Center from Melrose’s Beebe School to more than 40,000 s/f at 260 Fordham Rd. The Cummings Properties-managed building will also house SEEM Collaborative’s Assessment and Intervention Center.
Moynihan of Ellis Realty Advisors brokers sale of 21-unit mixed-use property

Moynihan of Ellis Realty Advisors brokers sale of 21-unit mixed-use property

May 28, 2021
Scituate, MA Ellis Realty Advisors completed sale of Bound Brook Court. Bound Brook Court is a 21-unit mixed-use property with over 30 parking spaces located directly across from the North Scituate MBTA station.
Dellbrook|JKS begins demolition work at former Quincy Medical Center

Dellbrook|JKS begins demolition work at former Quincy Medical Center

May 28, 2021
Quincy, MA New England construction management firm Dellbrook|JKS has begun demolition work on the former Quincy Medical Center at 114 Whitwell St., alongside owner, FoxRock Properties and architect, Arrowstreet.
Atlantic Properties completes sale of two properties for $2.65 million

Atlantic Properties completes sale of two properties for $2.65 million

May 28, 2021
West Bridgewater, MA Atlantic Properties, a full service commercial real estate firm, completed the sale of 70 Pleasant St. and 264 West Dr., Melbourne, FL. The two-building portfolio was sold on behalf of Chasebay Real Estate Holdings LLC
Supporting relationship based development - by James O'Connor

Supporting relationship based development - by James O'Connor

May 28, 2021
If we learned one thing in 2020, it’s the importance of strong relationships, regardless of location. Like most lenders celebrating their 39th year in industry, I’ve had my fair share of adapting to different companies
The Davis Cos. and BDG to develop five-acre life science campus

The Davis Cos. and BDG to develop five-acre life science campus

May 21, 2021
Watertown, MA The Davis Companies closed on a joint venture agreement with Boston Development Group (BDG) to co-develop 66 Galen St., Phase 1 of a purpose-built class A life science campus located on a five-acre site fronting on Galen St.,
Horvath & Tremblay sells four properties for $7.515 million

Horvath & Tremblay sells four properties for $7.515 million

May 21, 2021
Belfast, ME Horvath & Tremblay has completed the sale of four retail properties in New England for a total of $7.515 million. Kyle Danielson, Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of Dunkin Donuts in Belfast, ME.
The Menkiti Group and The Haynes Group celebrate the Worcester Chamber of Commerce Business Award

The Menkiti Group and The Haynes Group celebrate the Worcester Chamber of Commerce Business Award

May 21, 2021
Worcester, MA Businesses in Wthe city celebrated achievements on May 20th, with the annual Worcester Chamber of Commerce Business Awards Ceremony. Among the award recipients was The Menkiti Group, a minority-owned Certified Business Enterprise founded with the mission to transform lives