A Compendium of Property & Capital News
WALTHAM—Lincoln Property Co.’s deliberate journey to develop 140,000 sf of first-class laboratory space on the infill site of a 1960’s office building is taking a big step forward through Metropolitan Life’s commitment to come aboard as joint venture partner, sources are indicating to Real Reporter
Winter Street Win as Horvath Tremblay Multifamily Exclusive Yields $10M for Legacy Client
Dark Horse Reaps $23M+ for Medford Apartments from Bulfinch Via JLL; Eastern Loans $13.5M
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
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
