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A Compendium of Property & Capital News
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Jul 1
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A Compendium of Property & Capital News
Orleans Shopping Center Sells for $33.13M //1 Hampshire in Cambridge Sells, $120 Million //Chelmsford 40B Site Sells for $2.35 Million //Mahoney's Garden Cent. Wayland Sold for $2.5M //Graphic Lofts in Charlestown Sells for $96.3M // Orleans Shopping Center Sells for $33.13M //1 Hampshire in Cambridge Sells, $120 Million //Chelmsford 40B Site Sells for $2.35 Million //Mahoney's Garden Cent. Wayland Sold for $2.5M //Graphic Lofts in Charlestown Sells for $96.3M // Orleans Shopping Center Sells for $33.13M //1 Hampshire in Cambridge Sells, $120 Million //Chelmsford 40B Site Sells for $2.35 Million //Mahoney's Garden Cent. Wayland Sold for $2.5M //Graphic Lofts in Charlestown Sells for $96.3M //

Recent Trades

Amrheins Property in South Boston Sells for $22.5 Million

June 10, 2022 $22.25M
The property at 80 West Broadway in South Boston has sold, again, for $22.25 million.

Currently the location of Amrheins restaurant, the site has been approved for a multi-use project. The existing four-story, brick building will be converted into a street-level café or smaller bar/restaurant space while the one-story addition next door will be demolished and replaced.

The remainder of the site will be redeveloped with a new, five-story, approximately 87,000 square-foot, mixed-use building, with general office and product development or prototype manufacturing uses space (and expressly excluding basic laboratory use), and including restaurant / retail / services space totaling approximately 2,900 square feet at the ground floor. The project will also include approximately 25 below-grade parking spaces.

As first reported on The Real Reporter site, the sellers GFI and Matteson Cos. have owned the property since 2019 when it purchased it from the long-term owner for $16.5 million..The new owner is Shorenstein Partners.
Jun 29, 2022 Orleans Shopping Center Sells for $33.13 Million $33.125M Jun 24, 2022 1 Hampshire St in Cambridge Sells for $120 Million $120M Jun 24, 2022 Chelmsford 40B Site Sells for $2.35 Million $2.35M Jun 24, 2022 Mahoney’s Garden Center in Wayland Sold for $2.5 Million $2.5M Jun 21, 2022 Graphic Lofts in Charlestown Trades for $96.3 Million $96.3M Jun 17, 2022 National Development Closes on $16 Million Wilmington Buy $16M Jun 14, 2022 Alexandria Real Estate Sells Off Properties for $337 million $337M Jun 13, 2022 North End Property Sells for $9 Million+; Hotel Planned $9.505750M Jun 10, 2022 Herb Chambers’ Everett Site Sells for $19.15M $19.15M Jun 09, 2022 Hyde Park, Boston Shopping Center Sells for $32.905 million $32.905M Jun 09, 2022 Uxbridge Inn Sells for $2.275M $2.275M Jun 07, 2022 Arden Logistics Parks Acquires 8 IndustrIal/Flex Properties for $160 Million $160M Jun 03, 2022 Spaulding & Slye Sells Somerville Parcels to Magellan Development for $155M Profit $200M Jun 03, 2022 Southie Developer Takes Loss on Dorchester Ave Project $10.843M Jun 03, 2022 Invesco Scoops Up Revere Apartment Complex from Greystar for $104.35M $104.35M Jun 01, 2022 Suffolk Downs Developer Makes Strategic $2.075M Revere Buy $2.075M Jun 01, 2022 Situated on Former Notorious State Hospital Land Danvers Apartment Complex Sold for $207.35M $207.35M May 26, 2022 New Owners Seize the Day with Provincetown’s Carpe Diem Purchase for $6.2M $6.2M May 23, 2022 Longfellow Real Estate Partners Sells Bedford, MA R&D for $132M $132M May 23, 2022 Longpoint Realty Closes On a Pair of Westboro Industrial Spaces for $15.725M $15.725M May 20, 2022 156-Unit Marlborough Apartment Complex Sells for $59.2M $59.2M May 19, 2022 Attleboro Medical Complex Sells for $2.85M $2.85M May 19, 2022 TA Realty Makes 9 Building $390 Million Shopping Center Purchase From Gravestar $382.403M May 18, 2022 56,500 SF Cannabis Facility Sells for $40 million to California REIT $40M

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