Zafris of Ralph Leonard Associates facilitates $7 million sale to Castagna

March 26, 2008 - Front Section

100 Conifer Hill Drive - Danvers, MA

Jim Zafris

Jim Zafris of Ralph Leonard Associates, Inc. of Beverly facilitated the sale of 47 office condominiums with 56,944 total gross s/f at Conifer Hill Executive Office Park at 100 Conifer Hill Dr. for $7 million. The seller was Conifer Hill Associates II Corp., Danvers Properties, LLC and Kavanagh Properties LTD. Partnership I. The buyer was Castagna Real Estate Development, LLC.
Atty. William Tinti of Tinti, Quinn, Grover & Fray handled the sale for the sellers and Atty. Raymond Perkins handled the sale for the buyers and for the lender, Newburyport Savings Bank.
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