News: Owners Developers & Managers

Triglione of Nordlund Associates brokers $1.8 million industrial sale

748-752 Western Avenue - Lynn MA

Lynn, MA Brian Triglione of Nordlund Associates, Inc. assisted client Chaves Flooring Inc. in the acquisition of 748-752 Western Ave., an 8,719 s/f industrial warehouse situated on 0.618 acres with direct frontage on Western Ave. The property sold for $1.8 million which equates to $206 per s/f.

Brian Triglione of Nordlund Associates, Inc. represented the buyer, Chaves Group LLC and Todd Koss of Lillian Montalto Signature Properties LLC represented the seller, 748-752 Western Ave, LLC.

“We were pleased to exclusively engage Brian Triglione of Nordlund to facilitate the search and acquisition of our new warehouse because of their strong local area presence and deal-making ability. Chaves Flooring Inc. is a commercial flooring business specializing in the sale and installation of flooring products throughout New England.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant