A Compendium of Property & Capital News
MEDFORD—Pricing for The Sphere, this inner suburb’s freshly minted 42-unit luxury apartment building, has proven expectedly stratospheric barely six months after being put up for sale by developer Dark Horse Capital Partners. In a just-completed transaction negotiated via JLL, Bulfinch Cos. spent $2
Barings, Fallon Cos. Tab Clarion to Buy ONE Marina Park Dr. for $500M Via JLL Exclusive
Albany Road Buys 593,000-SF NH Flex Portfolio for $58.5M from Brady Sullivan in C&W Exclusive
John Hancock Selling 535-545 Boylston St. to Investcorp, Brickman for $127M+ Via NKF
Related Deals in South End, Seaport Could Bring $80M for Sellers Via JLL, C&W Exclusives
BUYER: AGNL Foam, c/o Angelo Gordon & Co.
SELLER: Innocor Foam Technologies Newburyport LLC
PRICE/ADD: $10,313,910; 122 Parker St., Newburyport
NOTES: last sold in April 2007 for $8,445,000
BUYER: New Bourne Main Realty LLC, mgd. by Paresh Patel
SELLER: Alpha Realty Holdings LLC, managed by Donald P. Higgins Jr.
PRICE/ADD: $1,300,000; 356 MacArthur Blvd., Bourne
MTG: $640,000 and $960,000 from Bank of Cape Cod Cooperative
NOTES: Retail property, constructed 1993; last sold in March 2015 for $1,090,00
BUYER: WDA Building LLC, managed by Myungwon Baek and Adam R. Marengi
SELLER: 26 Warren Avenue LLC, managed by Robert H. Henkel
PRICE/ADD: $1,000,000; 26 Warren Ave., Woburn
MTG: $104,000 from Robert H. Henkel and $896,000 from Lendeavor Inc.
NOTES: Professional building, constructed 1900
BUYER: Kelmar LLC, managed by Kelly A. Angelini and Marissa L. Mathews
SELLER: Diarmuid T. O’Neill and Sara Cole O’Neill
PRICE/ADD: $2,100,000; 7 Oppen Ln., Provincetown
MTG: $1,680,000 from Cape Cod Five Cents Savings Bank
NOTES: Single-family Cape, constructed 2002
