A Compendium of Property & Capital News
BOSTON—Normandy Real Estate Partners is grabbing a stake in the city’s dynamic North Station district, with the New Jersey based investor committing to 60 Canal St. in North Station, a Class B office/retail building listed by Cushman & Wakefield whose client has owned the building for over a half-
NH Sale of 257,000 SF from Albany Road to MA JV Yields $38M Via C&W; Barclays Loans $27M
Federal Realty Places Chelsea Apartments Up for Sale Via HFF; Deal Could Near $20M
$100M Industrial Portfolio Among $200M Rolled Out By Newmark
Brookwood Sells FP Giglio 110,000 SF Via Colliers for $11.1M; Rockland Trust Loans $8.9M
BUYER: Balmia Associates LLC, managed by Michael Corrado
Manager LLC, managed by Dean Withington Atkins
SELLER: Zodiac Associates LLC, mgd. by Francesco Piazza
PRICE/ADD: $20,450,000; 100 Adams Rd., Clinton
MTG: $$2,520,000 from North Shore Bank
NOTES: Industrial property, constructed 1966
MTG: $3,040,000 from TD Bank
ADD: 460 Hillside Ave., Needham
BWR: Hillside Investment Group LLC, managed by Allan Gersten and Kenneth Shapiro
BUYER: Hillside Investment Group LLC, managed by
SELLER: William D. Kochman
PRICE/ADD: $1,400,000; 471 Page St., Units 7 and 8, Stoughton
MTG: $1,120,000 from BayCoast Bank
NOTES: Industrial condominiums; each unit is 6,975 SF
BUYER: KCW Boston Properties LLC, by Kenneth Weiss
SELLER: Pauline Gabriel Tjoa-Khan, nka Pauline Tjoa
PRICE/ADD: $2,000,000; 1 Charles St S, U-906, Boston
NOTES: Unit in high-rise condominium; unit size is 1,550 sf; 2 bed and two baths; unit last sold in Dec. '08 for $1.4M
