A Compendium of Property & Capital News
BOSTON— Prescient regional investor Thibeault Development is putting another commercial assemblage here up for sale, and that is good news for Colliers International whose Capital Markets team has already completed two other Hub trades this year for the Everett-based firm which is led by founder Wil
Boston Realty Advisors Launches Fifth Q4 CRE Listing; Suburban Deals Could Near $35M
Marwick Seen Selling Jumbo, Guggenheim Two Boston Office Buildings for $23M+
Normandy to Buy Somerville Asset from DLJ Via C&W; Deal Could Hit $24M
Brookwood Sells 448,700-SF Billerica Park to Condyne JV; Transwestern Brokers $40M+ Swap
BUYER: LMP Properties; mgd. by John Raymond Jr.
SELLER: James P. Nardone and Robert D. Nardone,
PRICE/ADD: $4,500,000; 37 Power Rd., Westford
MTG: $3,000,000 from Machias Savings Bank
NOTES: Industrial property, constructed 1950
BUYER: Fred Starikov and Stephen Whalen
SELLER: JYC Management Inc., mgd by Irwin Young
PRICE/ADD: $4,500,000; 372 Cambridge St., Boston
MTG: $4,400,000 from Northern Bank and Trust
NOTES: Land parcel; lot size is 6,780 sf
MTG: $42,053,000 from Massachusetts Housing Finance
ADD: 1-12 Albemarle St., 7-11 Blackwood St. 144-150 St. Botolph St., Boston
BWR: St. Botolph St Asso., managed by Richard J. Henken
BUYER: 51 Central Dev LLC, managed by Anthony Leonard Arone and Edward B. Cutting IV
SELLER: Neil Gillis and Paul Gillis
PRICE/ADD: $1,400,000; 51 Central St., Somerville
MTG: $1,580,000 from Bank of Canton
NOTES: Three-family property, constructed 1900 last sold in 2008 for $560,00
