Category: Owners Developers & Managers

Lawrence, MA Marcus & Millichap completed the sale of 516 Broadway St., a 135,770 s/f industrial property, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $2.9 million.

Bedford, MA Privately held real estate investment firm, Jumbo Capital has sold its 100 Crosby Dr. property to RedGate, a strategic real estate advisory and investment firm headquartered in Boston with offices in Baltimore and New York City.

Bedford, NH The Stubblebine Company/CORFAC International negotiated the sale of an industrial building for $5.6 million. Aaron Smith, David Skinner, and James and David Stubblebine negotiated the sale for the seller, First American Realty,

Meredith, NH Roche Realty Group sold the Lakeland School property located on Meredith Center Rd. and Rte. 104 for an undisclosed amount. The property included 5.27 acres, the building contains 13,000 s/f and features views overlooking Lake Wicwas.

Boston, MA According to The Davis Companies (TDC), Stephen Davis has assumed the role of company co-president, working alongside Richard McCready. McCready, who has served as the company’s president since 2014,

Marlboro, MA Rob Nahigian, FRICS, SIOR, CRE, MCR of Auburndale Realty Co., has completed a counseling assignment on the sale of Dawson Industrial Park at 50 Brigham St. The sale was completed from A.P. Dawson Realty Trust, LLC as the seller and Safety-Kleen Systems, Inc. as the buyer.

Lawrence, MA Boston-based Berkeley Investments has closed on a $98.5 million purchase of a five-building portfolio consisting of three residential and two light industrial buildings along the Merrimack River.

Everett, MA A 21-floor residential tower with views of the Boston skyline, Assembly Row and Encore Boston Harbor that will feature a destination rooftop restaurant run by the Varano Family of Boston’s acclaimed Strega brand, has been proposed in the city. SKY Everett, developed by V10 Development in Boston, and designed by Context in Charlestown, will be the tallest residential building in the city

Allston, MA JLL Capital Markets has closed the $67 million sale of 60 Guest St., a land parcel fully approved for a life science development in the Boston Landing campus. LL represented the seller, NB Development Group, LLC, and procured the buyer, a partnership of Lendlease and Ivanhoé Cambridge.

Waltham, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of a nine-unit multifamily building. The duo represented the seller and procured the buyer to complete the transaction at a sale price of $3.3 million, which is $366,667 per unit.

Boston, MA When considering floor coverings for new or existing commercial structures such as building lobbies, retail, apartment buildings and more, cost estimators in New York and New England typically focus on the usual options: tile, carpeting, Terrazzo, vinyl, composite tile, and even paint, among others

Lawrence, MA Berkadia completed the $95 million sale of the Merrimack Valley Portfolio, consisting of Mill 240 and Washington Mills, two mid-rise former mill buildings developed into class A multifamily properties.