BOSTON—With two office buildings already in tow and a third pending conquest for nearly $270 million total, Morgan Stanley is making a big play in Cambridge’s Alewife section, but the interest is not limited to that emerging business cluster, with market watchers claiming the real estate investment
Colliers Listing Wellesley Place; Diverse Rt. 9 Project Could Bring $28M
KS Seen Paying Normandy $45M+ for Marlborough Tech Park
DivcoWest to Pay Brickman $66M+ for 90K-SF Office Building Near Harvard Sq.
C. Talanian Selling First-Block Newbury Street Gem for $26M to UrbanMeritage
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
