Category: Owners Developers & Managers

The Hamilton Company acquires 181-unit Mill Street <br>Garden Apartments for $59.5 million from Ninety-Three LP

The Hamilton Company acquires 181-unit Mill Street
Garden Apartments for $59.5 million from Ni...

January 24, 2020
Woburn, MA The Hamilton Company, through its affiliated partner, New England Realty Associates LP, has acquired the 181-unit Mill Street Garden Apartments for $59.5 million, with pre-approved plans to build an additional 72 units on land across
RFR completes $5 million multi-year transformational <br>redesign and upgrade campaign at Stamford Plaza campus

RFR completes $5 million multi-year transformational
redesign and upgrade campaign at Stamford P...

January 24, 2020
Stamford, CT According to RFR, they have completed a $5 million multi-year transformational redesign and upgrade campaign at the company’s Stamford Plaza office campus in the downtown business district. The company said the results
Wood and Quinn of SVN | Parsons Commercial Group | Boston <br>handle $1.05 million building sale the seller, DQ Associates

Wood and Quinn of SVN | Parsons Commercial Group | Boston
handle $1.05 million building sale the...

January 24, 2020
Natick, MA SVN | Parsons Commercial Group | Boston has completed the sale of 6 Union St. for $1.05 million. Advisors, Alex Wood and Garrett Quinn of SVN | Parsons represented the seller, DQ Associates
Can you exchange one property for multiple properties, or multiple properties for one property, in a single 1031 exchange? - by Bill Lopriore

Can you exchange one property for multiple properties, or multiple properties for one property, in a...

January 24, 2020
Taxpayers often ask whether they can exchange out of more than one relinquished property for a single replacement property, and whether they can exchange into more than one replacement property for a single relinquished property.
Marr of Keliher Real Estate leases 1,500 s/f

Marr of Keliher Real Estate leases 1,500 s/f

January 24, 2020
Boston, MA Doug Marr of Keliher Real Estate has leased 1,500 s/f of office space at 130 Tremont St. This penthouse unit overlooks the Boston Common and the State House.
DeStefano completes Phase One of renovations at the Foster’s Building

DeStefano completes Phase One of renovations at the Foster’s Building

January 24, 2020
Dover, NH DeStefano & Associates, Inc. has completed Phase One of the renovation of the former Foster’s Building in downtown. The existing building consists of 19th and 20th century construction and will have 60,000 s/f of mixed use space
NKF orchestrates sale of 179 Lincoln St. in Boston

NKF orchestrates sale of 179 Lincoln St. in Boston

January 24, 2020
Boston, MA Newmark Knight Frank (NKF) has completed the sale of 179 Lincoln St. in downtown, on behalf of Invesco Real Estate to Blackstone Real Estate. The sale price was not disclosed.
Cornerstone Realty Capital arranges $29.8 million in financing

Cornerstone Realty Capital arranges $29.8 million in financing

January 24, 2020
Cambridge, MA Paul Natalizio, president of Cornerstone Realty Capital , has arranged $29.8 million in financing to True North Capital Partners for the acquisition of Blair Pond Estates, a mixed-use property.
O’Brien Commercial Properties LLC’s new 520-unit 10X Self Storage now open in Marlborough

O’Brien Commercial Properties LLC’s new 520-unit 10X Self Storage now open in Marlborough

January 24, 2020
Marlborough, MA 10X Self Storage is now open for business at the new climate-controlled facility at 215 Simarano Dr.  Other 10X Self Storage facilities are located in Acton and soon to open in Worcester.
CBRE brokers sale of Avalon Shelton

CBRE brokers sale of Avalon Shelton

January 24, 2020
Shelton, CT CBRE has completed the sale of Avalon Shelton, a 250-home mid-rise luxury apartment community located at 185 Canal St. The CBRE team of Jeffrey Dunne, Gene Pride, and Stuart MacKenzie represented the owner, AvalonBay Communities
Truesdale of Cummings Properties handles 5,500 s/f lease to NexusTek

Truesdale of Cummings Properties handles 5,500 s/f lease to NexusTek

January 24, 2020
Andover, MA NexusTek, a national cloud, managed IT services, and cyber security provider (MSP), will move its Massachusetts office in March to a 5,500 s/f space at 40 Shattuck Rd., a Cummings Properties building. The national IT solutions
Carr joins Corderman as superintendent

Carr joins Corderman as superintendent

January 24, 2020
Boston, MA Peter Carr, a senior construction professional with a career spanning four decades of commercial real estate experience, has joined Corderman & Company as project superintendent. He will be working on a