BOSTON—A luxury apartment community serving this city’s world-renowned Longwood Medical Area is about to change hands for a price expected to eclipse $100 million, market watchers are telling Real Reporter, with residential developer and investor Bell Partners poised to take over Olmsted Place from
Griffith, Rockwood Selling Renewed Waltham Place to Alexandria Via JLL
Fortis Buying Dock Square Garage from Sullivan Properties via Newmark for Near $170M
C&W Listing Two Metro Boston Office Assets; Middle-Market Deals Could Reap $50M+
KBS Selling ‘Crazy Cool’ RiverTech Park to Boston Andes, Jumbo Capital
BUYER: BIV-105 Shawmut LLC, managed by Bryan Blake, Andrew Iglowski and Lawrence Settanni
SELLER: Shawmut Canton Realty LLC, managed by Mimi Sanik, signatory
PRICE/ADD: $5,300,000; 105 Shawmut Rd., Canton
NOTES: Industrial prop., const. 1993; bldg. size is 48,300 sf,last sold for $10,250,000 in Jan. 2006
BUYER: 112-114 Shurtleff LLC, mgd. by Daniel Shaked
SELLER: Barry Carr LLC, managed by Louis J. DiFronzo Jr., Carl W and Franz J. Eberth
PRICE/ADD: $1,350,000; 112-114 Shurtleff St., Chelsea
MTG: $1,120,300 from East Cambridge Savings Bank
NOTES: Multifamily property, constructed 1990; Last sold 2012 for $790,000
BUYER: Bow 1 Associates LLC, c/o Hamilton Co.,managed by Harold Brown
SELLER: Andrew E. Bram and Joseph J. Ianelli
PRICE/ADD: $5,200,000; 1 Bow St. and 16 WarrenAve., Somerville
NOTES: Retail property, constructed 1940
BUYER: 51 Central Dev LLC, managed by Anthony Leonard Arone and Edward B. Cutting IV
SELLER: Neil Gillis and Paul Gillis
PRICE/ADD: $1,400,000; 51 Central St., Somerville
MTG: $1,580,000 from Bank of Canton
NOTES: Three-family property, constructed 1900 last sold in 2008 for $560,00
