A Compendium of Property & Capital News
DEDHAM—Sometimes double vision can be a positive thing, or so it would seem regarding a pair of mid-2010s investments by Echo Bridge Partners and Griffith Properties which have separately delivered astounding results, the latest a $46.7 million deal at 480 Sprague St. on the Dedham/Boston line ...
TA Tabs Colliers to Trade Class ‘A’ Office Asset; ‘Stunning’ 111 Speen St. Could Approach $20M
Morgan Stanley Seen Taking Wheelock Street JV Stake of 1.7 MSF Industrial Bought with Seyon at $160M
Hilco Reaps $46M+ Selling Norwood Gem to Hub Group Via C&W; $20.1M Cambridge Savings Loan Fuels Buy
Carlyle, King Street Selling Suburban Lab Assets Via Colliers; 265,000+ SF Could Fetch $160M
BUYER: Bourne Acquisition LLC, managed by Christopher J. Lewis; Clay Pond Acquisitions LLC
and GF Funding Bourne LLC, managed by Shane D. Brady and Arthur W. Sullivan
SELLER: Drake G. Behrakis
PRICE/ADD: $4,800,000; 170 Clay Pond Rd., Bourne
NOTES: Retail property, constructed 1993
BUYER: 680 Mass Ave LLC, mgd. by Stephen Shuman
SELLER: Barry P. Wilensky, trustee of Richard A. Campana Revocable TR
PRICE/ADD: $2,900,000; 680 Mass. Ave., Boston
MTG: $3,699,500 from Salem Five Cents SB
NOTES: Multifamily property, constructed 1910; building size is 4,425 sf, lot size is 1,950
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
