A Compendium of Property & Capital News
BOSTON—After spending this summer nailing down office building deals in New York City and Washington, D.C., Marcus Partners is taking “a big step” entering the crowded flex and industrial arena on its home turf as winning bidder of four suburban Boston assets totaling 1.07 million sf being divested
KS Trades Fordham Park for $27M+ to Carlisle; Colliers Exclusive Agent of 302,000-SF Complex
Artemis, Griffith Selling Cambridge Office 10 Fawcett St. to Davis, Invesco for Near $60M
UBS Trading Exchange Pl. for $850M+ to Allianz, Beacon Via Newmark
KS Partners Lands 15 Court Sq. via Colliers; Legacy Sale Could Yield Near $30M
BUYER: Neponset Circle LLC, mgd. by Timothy C. Casey
SELLER: SSI Avon LLC, managed by Peter Bailey,
Bryan Duncan, Arthur Frye and John Restivo
PRICE/ADD: $7,400,000; 40 Murphy Dr., Avon
NOTES: Five Industrial properties;
BUYER: 377 West Broadway LLC, c/o 42 North
Capital LLC, managed by Jason J. Foster
SELLER: Michael J. Kiley and James L. Pransky, trustees
of 377 West Broadway Realty TR
PRICE/ADD: $6,175,000; 230-232 Silver St. and 377, 377A and 379 West Broadway, South Boston
NOTES: last sold in June 1995 for $200,000
BUYER: Salem Malden Realty LLC, mgd. by Philip Privitera
SELLER: Sam S. Checca, trustee of Michael Realty TR
PRICE/ADD: $950,000; 192-200 Salem St., Malden
MTG: $1,150,000 from East Boston Savings Bank
NOTES: Retail property, constructed 1900; building size is 3,850 sf, lot size is 4,000 sf; last sold in May
1985 for $171,000
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
