A Compendium of Property & Capital News
BOSTON—While it may seem every office tower lining the Financial District’s famed State Street changed hands in 2018, that is not quite the case, and for investors left behind when 28, 53 and 200 State Street were separately snagged by a lineup of institutional titans for a collective $1.49 billion,
DSF Group Pays $88M+ for 640 Manchester NH Apartments Via CBRE Exclusive
Lone Star Reaps $380M+ in 1,722-Unit Apartment Trade to Harbor Group Via Newmark
Finance Aces Rob Borden, Heather Brown Join CBRE; Brown Named to Lead NE Debt Unit
Sources: Taurus Selling Suburban Gem One Newton Pl. to Saracen Via HFF for $51M
BUYER: Millwood Residential LLC, managed by William A. Depietri
SELLER: Millwood Farms Golf Course Inc., managed by James Drake
PRICE/ADD: $5,500,000; 818 Grove St. and 175 Millwood St., Framingham
MTG: $4,125,000 from MutualOne Bank
NOTES: Four land parcels; lot size totals 68 acres; seller acquired properties starting 1977
BUYER: 2077 N Main Street LLC, mgd. by Zi Qian Zhang
SELLER: Cedar-West Bridgewater LLC, managed by Philip Mays, Port Washington NY
PRICE/ADD: $3,500,000; 2071 and 2077 North Main St., Brockton; and 860 North Main St., West Bridgewater
NOTES: Retail property, constructed 1972
BUYER: 201 Flanders LLC, c/o RJ Kelly Co., managed by Brandon D. Kelly
SELLER: Westborough Flanders Investors LLC, managed by Edward F. McManus
PRICE/ADD: 201 Flanders Rd., Westborough
MTG: $8,900,000 from Cambridge Savings Bank
NOTES: Industrial property, constructed 1971
BUYER: Ingrid C. Hammond and Jeffrey C. Lau
SELLER: John J. Christian
PRICE/ADD: $3,334,460; 28-30 Union Park, U-1, Boston
MTG: $2,500,845 from First Republic Bank
NOTES: Unit in low-rise condominium; unit size is 2,475 sf; three bedrooms and 2.5 baths
