A Compendium of Property & Capital News
BOSTON—Two CRE investors—one homegrown, another from very far away—have orchestrated a nine-figure exchange of 10 Post Office Square, the landmark downtown office building that has delivered $238.7 million to LaSalle Investment Management from Japanese-based NTT Urban Development and operating partn
Davis Marcus Hires C&W to Sell Waltham MOB; 135,300-SF Asset Could Bring Over $30M
Intercontinental Tabs C&W to Sell One Bulfinch Pl.; 90,000-SF ‘Gem’ Could Top $40M
Commonwealth Ventures Sells 5 Channel Center to Westbrook for $26M Via CBRE Exclusive
NED’s Meadow Glen Retail Center Being Bought by RREEF Via HFF; Deal Could Top $85M
BUYER: 57 South Hunt LLC, c/o Michael Kane
SELLER: Amesbury Industries Inc., managed by Jeffrey C. Graby, president
PRICE/ADD: $3,425,000; 57 South Hunt Rd., Amesbury
MTG: $2,720,000 from Ross Dworman
NOTES: Industrial property, constructed 1979
BUYER: 587 Centre LLC, managed by Zi Qian Zhang
SELLER: TRT Brockton Eastway Plaza LLC, c/o Black Creek Diversified Property Fund Inc., Denver CO, managed by Andrea Karp
PRICE/ADD: $3,100,000; 587 Centre St., Brockton
MTG: $2,480,000 from Digital Federal Credit Union
BUYER: Chase Street LLC , mgd. by Mark J. Keane
SELLER: Chase Apartments LLC, mgd. by Andreas Tsitos
PRICE/ADD: $5,000,000; 8, 12-14 and 20 Chase St., Lynn
MTG: $4,000,000 from Greystone Servicing Corp.
NOTES: Multifamily properties
BUYER: Jesse Baerkahn and Ronni Baerkahn
SELLER: Nancy L. Brown
PRICE/ADD: $1,450,000; 161 Highland Ave., Newton
MTG: $1,160,000 from Cambridge Trust Co.
NOTES: Single-family Colonial, const. 1872
