A Compendium of Property & Capital News
SOUTH BOSTON—It has been hiding in plain sight for nearly 90 years, but 7 Elkins St. is coming into the limelight through a Cushman & Wakefield sales listing that some estimates see reaping upwards of $500 per sf for the laboratory building whose location is touted by C&W as “a path of progress” fee
GFI, Matteson Cos. to Buy Amrheins Site Via Newmark Listing of Famed Southie Restaurant
GFI, Matteson Cos. Harvest 389,000-SF Flex Portfolio to SF Investor for $29M+ via CBRE
Drew Co., J.P. Morgan to Sell GID Waterside Place Via Eastdil for $155M
DRA Buying Investcorp Stake at Ballardvale Office Park for $86M+ Via JLL; Griffith Properties Remain
BUYER: Temple Place Suites LLC, managed by Irwin Russell Oken and Robert Weintraub
SELLER: JPO Torrington LLC, managed by Joseph P. Bisognano III
PRICE/ADD: $19,675,000; 29-35 Temple Pl., Boston
MTG: $13,450,000 from Hingham Institution for Savings
NOTES: Mixed-use property, constructed 1899
BUYER: Efrain & Siria LLC, managed by Efrain Molina
SELLER: Anthony Sabatino
PRICE/ADD: $1,250,000; 194-200 Broadway, Chelsea
MTG: $625,000 from Salem Five Cents Savings Bank
NOTES: Retail property, constructed 1950
BUYER: Wall Street Rentals Realty TR, mgd. by Gertrude Mageza
SELLER: GCV 916 LLC, mgd. by Christopher M. Valeri
PRICE/ADD: $1,650,000; 5 Montreal St. and 51-53,
52-52 ½ , 54, 55, 57, 60, 69 and 72-74 Wall St., Worcester
MTG: $1,582,500 from RCN Capital LLC
NOTES: Multifamily properties
BUYER: Raymond J. Tallia
SELLER: Mary Ellen Sheehan Hassey and Grace Blake,
Representatives of the Estate of Grace Sheehan
PRICE/ADD: $1,100,000; 52 Pond View Ln., West, Chatham
MTG: $800,000 from Cape Cod Five Cents SB
NOTES: Single-family Cape, constructed 1987
