Category: Owners Developers & Managers

Griffith and Pepdjonovic of Marcus & Millichap broker $26.5m sale

Griffith and Pepdjonovic of Marcus & Millichap broker $26.5m sale

January 15, 2021
Amesbury, MA Marcus & Millichap completed the sale of the Amesbury Collection, a pair of apartment complexes totaling 183 units. The assets sold for a total of $26.5 million. Evan Griffith, first vice president investments, and Tony Pepdjonovic,
Jumbo Capital purchases One Patriots Park for $72.5 million

Jumbo Capital purchases One Patriots Park for $72.5 million

January 15, 2021
Bedford, MA Privately held real estate investment firm, Jumbo Capital has added a new biotech asset to its nearly 4.5 million s/f of owned commercial and residential real estate property in Greater Boston with the $72.5 million purchase of One Patriots Park, a 143,600 s/f life science facility recently repositioned by Longfellow Real Estate Partners and Bain Capital.
Grassi expands into Boston area with acquisition of Levine, Caufield, Martin & Goldberg, P.C.

Grassi expands into Boston area with acquisition of Levine, Caufield, Martin & Goldberg, P.C.

January 15, 2021
strong>Needham, MA Top-100 advisory and accounting firm Grassi has expanded into the Boston-area marketplace with the acquisition of Levine, Caufield, Martin & Goldberg, P.C. (LCMG). The move adds three partners, Bruce Levine, Sherri Martin and Bernard Goldberg, and one principal, Thomas Kreckler, to Grassi’s leadership team.
The Silverbrick Group purchases Worcester’s first skyscraper for $14.5 million from Commerce Associates, LLC

The Silverbrick Group purchases Worcester’s first skyscraper for $14.5 million from Commerce Assoc...

January 15, 2021
Worcester, MA JLL Capital Markets has completed the $14.5 million sale of 340 Main St., a historic, nine-story office building totaling 333,302 s/f. JLL represented the seller, Commerce Associates, LLC and procured the buyer, The Silverbrick Group.
King Street Properties and The Carlyle Group sell 33 New York Ave. and 1 & 5 Mountain Rd. to Oxford Properties Group for $151 million

King Street Properties and The Carlyle Group sell 33 New York Ave. and 1 & 5 Mountain Rd. to Oxford...

January 15, 2021
Framingham, MA King Street Properties and The Carlyle Group completed the sale of 33 New York Ave. and 1 & 5 Mountain Rd. to Oxford Properties Group for $151 million. In 2018, King Street and Carlyle purchased
The Boulos Co. and CBRE represent Calare Properties in sale of 126,072 s/f property

The Boulos Co. and CBRE represent Calare Properties in sale of 126,072 s/f property

January 15, 2021
Westbrook, ME Calare Properties sold 5 Bradley Dr. after purchasing the former Olympia Sports warehouse in May of this year. The 126,072+ s/f building sold for $22.692 million or $180 per s/f, setting a record in the market.
2020 goodbye, 2021 hello - by Rick Kaplan

2020 goodbye, 2021 hello - by Rick Kaplan

January 15, 2021
What a wild ride we had in 2020. When I look back at the past year things have happened that you thought would only happen in a movie. The pandemic hit in February and just like that the whole world changed. We went from going into work to either working from home
NAI Glickman Kovago & Jacobs broker $1.15m sale

NAI Glickman Kovago & Jacobs broker $1.15m sale

January 15, 2021
Worcester, MA NAI Glickman Kovago & Jacobs finalized the sale of 11 Harvard St., a 10,000 s/f office building, The property was sold for $1.15 million.  James Glickman, principal, and Nolan Ryan, vice president
Aho Properties and Greater Boston Comm’l. handle $1.135m sale

Aho Properties and Greater Boston Comm’l. handle $1.135m sale

January 15, 2021
Southborough , MA Joel Aho, president of Aho Properties LLC represented the buyer, Miraan LLC, and Ben Gatti executive vice president of Greater Boston Commercial Properties represented the seller, Brunswick LLC, in the sale of 200 Turnpike Rd. 
The Davis Cos. acquires 181,900 s/f industrial building for $28.6 million

The Davis Cos. acquires 181,900 s/f industrial building for $28.6 million

January 15, 2021
Taunton, MA The Davis Companies (TDC) has completed its acquisition of a 181,900 s/f, Class A industrial building located at 530 John Hancock Rd., for $28.6 million.  Located within the master-planned Myles Standish Industrial Park, the property is 100% occupied
Waldman of Waldman & Associates completes multiple deals in Malden and Norwood

Waldman of Waldman & Associates completes multiple deals in Malden and Norwood

January 15, 2021
Norwood, MA During a trip to Malden, Dan Waldman, of Waldman & Associates, noticed a parcel of land for sale at 62 Broadway. Waldman knew this area well since he sold the storage facility about 100 yards away several years ago to U-Haul.
Overdeput of Colliers International leases 3,730 s/f to Compassionate Care Hospice

Overdeput of Colliers International leases 3,730 s/f to Compassionate Care Hospice

January 15, 2021
Windham, NH According to Colliers International, 7 Rockingham Rd. is fully leased with Compassionate Care Hospice taking the entire second floor. Hugo Overdeput, of Colliers’ Manchester office, represented the landlord.