A Compendium of Property & Capital News
BURLINGTON—A “Who’s Who” of top medical office investors have spent much of 2018 battling over 67 South Bedford St. here along Route 128, and two of those titans are uniting to purchase the 177,000-sf asset owned by Davis Cos., sources relay in tabbing Anchor Health Properties and Carlye Group as wi
Core Investments Eyeing Samuels to Partner on $400M Southie Plan via CBRE
AvalonBay Selling Quincy High-Rise to Pantzer Via CBRE; Deal Seen Mid-$60M Range
Boston Properties Reaping $23M in Lexington CRE Sale to Lincoln, ASB Via C&W
Office Asset Available for First Time in 40 Years; Colliers Exclusive Could Hit $30M
BUYER: DD Development LLC, managed by Dinesh Patel and MITTAs Hospitality LLC, RUDRA Realty LLC and SAI RAJ LLC, managed by Vidhyadhar Mitta
SELLER: Massachusetts Mutual Life Insurance Co., c/o Barings
PRICE/ADD: $10,500,000; 2 Boland Way and 1500 Main St., Springfield
MTG: $7,492,500 from Westfield Bank
NOTES: New hotel condominium in two-unit condominium
MTG: $7,000,000 from Belmont Savings Bank
ADD: 659-661 Boylston St.; 5-7 Brown Ter.; and 9-11 Seaverns Ave., Boston
BWR: Charles Hajjar, trustee of Seaverns Brown Realty
BUYER: Flexible Methods LLC, mgd. by Aaron Daigneault
SELLER: Phyllis A. Cicolini
PRICE/ADD: $305,000; 18-20 Bartlett Rd., Winthrop
MTG: $2,830,000 from MutualOne Bank
NOTES: Retail property, constructed 1920
BUYER: Christopher A. Menard and Haley A. Menard
SELLER: Wellesley Trinity LLC, mgd. by Randall Sherman
PRICE/ADD: $2,750,000; 3 Trinity Ct., Wellesley
MTG: $500,000 from Leader Bank
NOTES: Single-family property, constructed 2016; house size is 5,350 sf, lot size is 20,375 sf; six bedrooms and seven baths; property last sold in Nov. 2015 for $1,300,000; Declaration of Homestead
