The Real Reporter June 2017

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The Real Reporter A COMPENDIUM OF COMMERCIAL PROPERTY & CAPITAL NEWS

THIS WEEK’S ISSUE Milk Delivery . . . . . . . . . . . . . . . . . . 2 Grand’s Plan. . . . . . . . . . . . . . . . . . . 2 Center of Attention . . . . . . . . . . . . . 5 A Call to Alms . . . . . . . . . . . . . . . 11 Route 128,000. . . . . . . . . . . . . . . 12

THE REAL REPORT

“Thanks Jack” BOSTON — “Thanks Jack.” The unending refrain from hundreds of well-wishers streaming through A.W. Perry headquarters on a recent John H. Spurr Jr. spring afernoon was a simple yet genuine salutation to John H. “Jack” Spurr Jr., retiring as president after 35 years running the venerable famRichard P. Beal ily firm launched in 1884 when great grandfather Alonzo W. Perry subleased two floors in his shoe factory at 125 Summer St. across from South Station and Kerri Spurr Gallaway ineluctably entered the frenetic world of commercial real estate here and in his hometown of Rockland. The $2,000 profit began the founder’s fascinating run that included ownership of a steamship line and continued on page 47

JUNE 21, 2017

Horvath & Tremblay Eclipses $250M as Net Lease Sales Brokerage Soars

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BY JOE CLEMENTS

OVER, NH — A popular Panera Bread restaurant here along the Maine line; a North Hampton Jiffy Lube; and multi-tenanted retail bordering central Massachusetts in Rindge are among a flurry of net-lease trades accomplished by Horvath & Tremblay in recent days with no sign of easing as continued on page 51 Webb Place Shopping Center, Dover NH

‘Four for Free’ at Fore of JPMorgan Plan BY JOE CLEMENTS tween $500,000 to $25 million where thouOSTON — Good things are said to come sands of dollars can be saved via the bank in threes, but in the realm of multifami- absorbing a quartet of nettlesome filing and ly financing, legal costs comJPMorgan Chase mon for a stanBank goes one dard acquisition better via its or refinancing customized loan. Having pre“Four for Free” sciently entered program targetthe Boston maring borrowers ket in 2011, Daniel Vasserman See page 54 needing be- John Gambardella Bill Crocker

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Campanelli, TriGate Still Leasing in No. Quincy

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BY JOE CLEMENTS

UINCY — Anyone thinking Campanelli and TriGate left North Quincy in their rear view mirror after last autumn’s sale of Heritage One and Heritage Two might have forgotten the partnership buying those aging office buildings in June 2013 for $16.3 million added an adjacent property to the mix 15 months later, paying $8.6 million for continued on page 56 Heritage Point, 108 Myrtle St., Quincy MA


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THE REAL REPORTER

June 21, 2017

Colliers Selling (More) Milk Street Apartments

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BY JOE CLEMENTS

OSTON — As the homegrown firm did acquiring other older properties in downtown Boston back in the day, AAA Boston Realty appears to have made a savvy move buying 120 Milk St. 30 years ago this autumn for $650,000, with the mixed-use building expected to reap exponentially more than that via Christopher Sower its listing for sale amid the vibrant Hub investment climate. The building is being marketed through Colliers International and indpendent broker Tracy Campion of Campion & Co. “It is definitely a valJennifer Price ue-add play with really strong upside,” Colliers Senior VP Christopher Sower tells Real Reporter in confirming the assignment that comes on the heels of his multifamily division of the Capital Tracy Campion Markets team divesting

a pair of nearby properties including 153 Milk St. to separate buyers in Q1 for a total consideration of $38.5 million. While done for a different client, the mix of retail and loft-style apartments are similar, and Sower thinks the outcome there and in other deals

caught the notice of investors considering the seller there had paid an aggregate $6.8 million in 2011 and 2013 for the buildings before undertaking extensive upgrades and reaping the rewards of that strategy. continued on page 59

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Grand Coast Capital Moves HQ to Quincy BY JOE CLEMENTS

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UINCY — Reflecting the private lending and real estate invesment firm’s continued growth, Grand Coast Capital has relocated from its Hingham headJeff Carter, CEO, Grand Coast Capital quarters to a new home at 1515 Hancock St.— and it looks like the operation is intending to stay for a while. Besides expanding into 7,500 sf at the 142,000-sf office building, GCP founder Jeff Carter reveals his company has taken an ownership stake in the asset which was bought in September 2014 by MG2 Properties for $7.5 million. “In three short years, Grand Coast Capital has grown from a one-person opera-

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tion to a thriving real estate financial services provider with nearly 20 employees and expectations for continued strategic growth,” Carter says, adding that, “this state-of-the-art space reflects our modern,

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white-glove approach to service and supports our anticipated growth.” As to the equity stake in 1515 Hancock St., Carter says the investment in a property branded continued on page 55


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THE REAL REPORTER

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June 21, 2017

NAI/Hunneman Finishes Four-Building Swap

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ROCKTON— NAI/Hunneman Commercial Co. brokers recently finalized a series of related assignments including a multi-faceted tax-deferred exercise spanning three buildings in the south suburban region, the final pieces occurring in May when Norwest Group Inc. paid separate sellers $3.6 million total to buy 45 Industrial Blvd. Ned Halloran and 2 Jonathan Dr., both in Brockton. Those closings completed the back end of a 1031 exchange driven by Norwest’s sale of 240 University Ave. in Westwood this past November for $5.2 million. “Prior to the Leeanne Rizzo sale of 240 University Avenue, we represented Norwest Group on the acquisition of 135 Forbes Boulevard in Mansfield which will serve as the new corporate headquarters for Ovar Osvold R.H. Scales,” explains

NH Retail Plaza Reaps $24.5M

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LAISTOW, NH — A feisty grocery anchored retail plaza here that benefits from being just one mile from Massachusetts and the state’s infamous sales Christopher Angelone tax is under new ownership following the purchase of Pentucket Shopping Center by Inland Real Estate Acquisitions at a consideration of $24.5 million. JLL Capital Markets negotiated the transaction, Nathaniel Heald advising seller Quincy & Co. as exclusive agents and procuring the winning bidder, an affiliate of Inland Real

NAI/Hunneman Senior VP Ned Halloran, who was joined by Senior VP Leeanne Rizzo advising the client on the different transactions. R.H. Scales Co. had been located at 240 University Ave. prior to the 46,400-sf warehouse being bought by SLD

University Avenue LLC. David Scales is manager of Norwest Group Inc. Halloran and Rizzo were retained to help the firm restructure its real estate holdings. “These acquisitions continued on page 46

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perts, with Heald acknowledging to Real Reporter that being so close to the Bay State is a big reason the stretch of Route 125 in Plaistow has become a thickly setcontinued on page 53


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THE REAL REPORTER

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June 21, 2017

Apex Center Tabs JLL to Fill 114,000 SF BY JOE CLEMENTS

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Phil DeSimone

Bill Bailey

Rob Mahoney

ARLBOROUGH — It has a New England accent similar to the legendary Alice’s Restaurant, yet Ryan Development’s ambitious $160 million Apex Center mixeduse project totaling a half-million square feet here along Route 20 aspires to deliver (practically) everything one wants on a far grander scale than any venue in Great Barrington. Besides dining, entertainment, hotels, residential and retail options galore—with the latter element already 95 percent committed—JLL’s suburban leasing experts are now promotW A S 114,000 H , R I N S Esf, R E A T. ing ofE Poffice/ W A S H , R I N S E , R E P E A T.

W A S H , R I N S E , R E P E A T. W A S H , R I N S E , R E P E A T. W A S H , R I N S E , R E P E A T. W A S H , R I N S E , R E P E A T. W A S H , R I N S E , R E P E A T. W A S H , R I N S E , R E P E A T. W A S H , R I N S E , R E P E A T. W A S H , R I N S E , R E P E A T. W A S H , R I N S E , R E P E A T. W A S H , R I N S E , R E P E A T. WW AAS SHH, , RRI INNSS EE ,, R R EE PPEEAAT.T. WW AAS SHH, , RRI INNSS EE ,, R R EE PPEEAAT.T. WW AAS SHH, , RRI INNSS EE ,, R R EE PPEEAAT.T. WW AAS SHH, , RRI INNSS EE ,, R R EE PPEEAAT.T. WW AAS SHH, , RRI INNSS EE , R EE PPEEAAT.T. WW AAS SHH, , RRI INNSS EE , R EE PPEEAAT.T. R EE PPEEAAT.T. WW AAS SHH, , RRI INNSS EE ,, R R EE PPEEAAT.T. WW AAS SHH, , RRI INNSS EE ,, R R EE PPEEAAT.T. WW AAS SHH, , RRI INNSS EE ,, R W A S H , R I N S E , R E P E A T. W A S H , R I N S E , R E P E A T. W A S H , R I N S E , R E P E A T. WW AAS SHH, , RRI INNSS EE ,, R R EE PPEEAAT.T. Apex Center Office Buildings, Route WW A20, AS SHMarlborough H, , RRI IN NSS EE ,, R RMA EE PPEE(RENDERING) AAT.T. WW AAS SHH, , RRI INNSS EE ,, R R EE PPEEAAT.T. Director Bill Bailey, Assistant VP medical office space in Wtheir AAS SHH, ,capacity RRI INNSS EE ,, R W R EE PPManaging EEAAT.T. SHH, , RRI IN NSS EE , R EE PPRob EEAAT.T. WW AAStwo-phased Mahoney and Associate Andrew Sheras exclusive agents for that WW AAS SHH, , RRI INNSS EE , R EE PPEEAAT.T. man. The undertaking by client Robert building. R EE PPEEAAT.T. WW AAS SHH, , RRI INNSS EE ,, R RI IN NSS EE ,, R R EE PPWalker EEAAT.T. of Westford may appear ambitious, “The response has beenWW great,” AAS SHH, , Rreports H, , RRI IN NSS EE ,, R R EE PPEEAAT.T. WW AAS SH JLL Managing Director Phil DeSimone, especially in the unsettling climate for retail W A S H , R I N S E , R E P E A T. A S H , R I N S E , R E P E A T. leading the assignment thatWincludes continued on page 57 W A S H , R fellow I N S E , R E P E A T. WW AAS SHH, , RRI INNSS EE ,, R R EE PPEEAAT.T. WW AAS SHH, , RRI INNSS EE ,, R E P E A T. R E P E A T. WW AAS SHH, , RRI INNSS EE ,, R R EE PPEEAAT.T. WW AAS SHH, , RRI INNSS EE ,, R R EE PPEEAAT.T. WW AAS SHH, , RRI INNSS EE , R EE PPEEAAT.T. WW AAS SHH, , RRI INNSS EE , R EE PPEEAAT.T. R EE PPEEAAT.T. WW AAS SHH, , RRI INNSS EE ,, R R EE PPEEAAT.T. WW AAS SHH, , RRI INNSS EE ,, R R EE PPEEAAT.T. WW AAS SHH, , RRI INNSS EE ,, R W A S H , R I N S E , R E P E A T. W A S H , R I N S E , R E P E A T. W A S H , R I N S E , R E P E A T. WW AAS SHH, , RRI INNSS EE ,, R R EE PPEEAAT.T. WW AAS SHH, , RRI INNSS EE ,, R R EE PPEEAAT.T.

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2017 HOUSEWARMING

Heading Home thanks its donors, friends, and supporters for making the 2017 Housewarming such a success! Together we raised more than 1.3 million dollars to end homelessness for good.

Hosted by Event Co-Chairs John Edwards, Breed’s Hill Capital, LLC | Frank Petz, JLL | Jeff Wechsler, Tishman Speyer

Culinary Chair Jeff Pond, Area Four

Thank You to Our Top-Level Sponsors Presenters

The Davis Family Charitable Foundation

Country Estate Anonymous Breed’s Hill Capital, LLC Cummings Properties, LLC

Mandy & Andy Hoar/ CBRE/New England Sherry & Alan Leventhal Family Foundation

National Development/ Charles River Realty Investors/ Cranshaw Construction

Putnam Investments Nancy & Josh Solomon/ The DSF Group

Heading Home’s mission is to end homelessness in Greater Boston by providing a supported pathway to self-sufficiency that begins with a home, together with critical services such as life skills, financial literacy and job training. www.headinghomeinc.org


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THE REAL REPORTER

June 21, 2017

Hamilton Co. Spends $5.2M on Mixed Somerville Assets

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Harold Brown

Carl A. Valeri

David Lilley

OMERVILLE — The Hamilton Co. has plenty going on its hometown of Boston where the CRE firm is in the final stages of permitting a multifamily project in Allston and has others underway in the South End, but the operation led by Harold Brown is these days also poking around Somerville, as evidenced in the recently completed purchase of an eclectic package of properties near the city’s Prospect Hill neighborhood. In an all-cash transaction, the Allston-based company paid $5.2 million for 1-9 Bow St. and 16 Warren Ave. David Lilley of RE/Max Destiny in Cambridge brokered

1-9 Bow St., Somerville MA

the sale on behalf of its longtime owners whose family stewardship in the site dates to the 1960s. For its consideration, Hamilton Co. gets an automobile service center leased

to Goodyear Co. and a 10-unit apartment building grafted onto one end of the parcel, an expanse which is almost a half-acre in breadth.

Dedham Place | 3 Allied Drive FIRST CLASS OFFICE SPACE

continued on page 58

Dedham, MA

• On-site full-service café, conference center and outdoor courtyard • Upcoming Fitness Center and common lounge • Adjacent to Dedham Hilton featuring a Starbucks, health club with swimming pool, and raquetball courts • Walking Distance to the Commuter Rail (Dedham Corp. Center) • Amenity Rich Area: - Legacy Place: 650,000 SF mixed use development - University Station: 2 mil + SF mixed use development

Owned & Managed by:

JAMES ELCOCK 617 330 8020 james.elcock@colliers.com

DAVID GOODHUE 617 330 8082 david.goodhue@colliers.com

PJ FOSTER 617 330 8116 pj.foster@colliers.com

Exclusive Leasing:


THE REAL REPORTER

June 21, 2017

Flexibility. Experience. Innovation. SIOR New England Chapter President Timothy Brodigan welcoming US troops returning from Afghanistan.

SIOR NE 2017 Service Day Supports Returning Troops BY JOE CLEMENTS

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With new lending products and unmatched experƟse in mixedincome mulƟfamily nancing, MassHousing can help take your idea from drawing board to reality.

ORTSMOUTH, NH — “Best SIOR Service Day Ever!” That appears to be the sentiment of attendees at the annual day of giving for the Society of Industrial and Office Realtors whose New England chapter members gushed lofty reviews following an afternoon at the Pease International Tradeport where they assisted a Seacoast group that welcomes US troops flying to and from tours overseas. Known as the Pease Greeters, the operation has been in place since 2005 and involves interaction with hundreds of flights annually. continued on page 60

NAI/Hunneman Celebrates MAI Award to Chris Walsh

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OSTON — Kudos are in order for NAI/ Hunneman Vice President Christopher M. Walsh as the member of firm’s Appraisal & Consulting division is now a holder of the prestigious MAI designation from the Appraisal Institute. Walsh in 2016 celebrated 30 years with the operation, part of the full-service NAI/ Hunneman real estate group, his expertise inChristopher M. Walsh cluding a wide range of commercial, industrial, multifamily and special-purpose properties. But that is not all, with Walsh also adept handling residential subdivisions, condominium feasibility assessments and marketability studies. “We congratulate Chris on this well-deserved honor,” says Emmet T. Logue, NAI/Hunneman principal and director of the Appraisal & Consulting team, not to mention Emmet T. Logue

continued on page 58

www.masshousingrental.com

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THE REAL REPORTER

June 21, 2017

HFF Lands King Street $135M for Lab Assets

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BY JOE CLEMENTS

ALTHAM — There was a little bit of everything brewed into one of the biggest suburban loans arranged through mid-year 2017, $135 million from Blackstone Mortgage Group secured by HFF for the biotech campus at 828 and 830 Winter St. owned by King Street Properties. The complex instruThomas Ragno ment included refinancing of the latter building, a 185,000-sf laboratory structure leased to several top life sciences firms, and Blackstone also delivered financing to construct 828 Winter St., the speculative Greg LaBine 145,000-sf facility that broke ground to great fanfare in late 2016. “King Street saw an opportunity to capitalize on the tight suburban lab market and expand their existing Waltham Porter Terry property to meet the

Museum Buys Rowley Warehouse For $7M

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OWLEY — A sleek 112,400-sf industrial building directly fronting Route One here in northern Massachusetts is under new ownership following its recent $7 million purchase James Boudrot by Peabody Essex Museum. NAI/Hunneman principal F. Michael DiGiano advised 306 Newburyport Turnpike’s buyer in negotiations on the exchange while seller Daly-Rowley LLC F. Michael DiGiano was represented by NAI/Hunneman principal James Boudrot, Senior VP David Gilkie and Assistant VP

growing demand,” explains HFF Managing Director Greg LaBine in a press release regarding the loan that closed shortly into the New Year. According to LaBine, who was joined by HFF Director Porter Terry arranging the multi-faceted debt solution,

“Blackstone shared King Street’s vision and provided a creative and flexible solution for lab construction financing.” Interestingly, despite the hefty size of the offering, LaBine reports there were continued on page 61

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126 Pearl Street Somerville, MA $1,100,000

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Michael Allen. “The building’s size with its access to area highways made it the perfect location for PEM’s use,” DiGiano says in a press release announcing the closing of a building

located at the juncture of Route 133 and Interstate 95 connecting Route 1 to Maine and New Hampshire as well as Massachusetts, including Salem about 10 miles south continued on page 59


THE REAL REPORTER

June 21, 2017

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The bank of choice for getting the deal done. The commercial real estate group at Washington Trust provides commercial real estate mortgages for the construction, refinancing, and purchase of investment real estate projects throughout New England.

Heading Home Executive Director Tom Lorello, second from left, joined (L-R) by CRE supporters of record Housewarming fundraiser Andy Hoar, Brian Kavoogian, Frank Petz, John Edwards and Jeff Wechsler.

Heading Home Reaps $1.34M from CRE-Backed Fundraiser

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BY JOE CLEMENTS

OSTON — Combating homelessness continues to be a daunting challenge across the land, but members of Greater Boston’s real estate community remain steadfast in their longstanding support of front-line efforts to overtake the problem, a verve on full display at Heading Home’s recent Housewarming fundraiser where a record $1.34 million was raised from nearly 1,000 attendees gathered for the annual program held this year at The Castle, the unique Our volunteers, conference center and events venue in Boston’s Back Bay. corporate partners “It is a real feather in the and donors are cap to everyone who took without question the part,” says JLL Capital Markets backbone of Managing Director Frank Petz, Heading Home. joined by two other CRE executive chairing 2017’s event, John Edwards of Breeds Hill Heading Home Executive Capital and Jeff Wechsler from Director Tom Lorello Tishman Speyer. The three chairs and Housewarming’s events committee were praised by Heading Home officials for surpassing the previous outcome in a gala featuring food from 21 of the Hub’s premier restaurants, eateries recruited by Chef Jeff Pond of Area Four Restaurant. “We are creating a pathway out of poverty,” Heading Home Executive Director Tom Lorello says in a release trumpeting the results of this year’s program that continues his group’s mission, a drive that this decade alone has brought over 700 families and individuals off the streets of metro Boston or out of temporary

“ ”

continued on page 58

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WHY WeEARN don’t just A CCIM Tune-Up The pretty ones. DESIGNATION? We don’t just Tune-Up The pretty ones.

June 21, 2017

Colliers, Stubblebine Fill 128,000 SF at Empty Hudson Industrial Property

H

BY JOE CLEMENTS

UDSON — There are high-fives all-around for Lowfield Realty Group after landing a full-building tenant at 2-4 Robert Bonazzoli Ave. here in the Interstate 495 Central industrial market, a 128,000-sf commitment orchestrated by Colliers International and Stubblebine Co. The seven-year commitment comes at a prescient time as longtime occu- Steve Woelfel pant Affordable Interior Systems has just departed for a new facility in Leominster. The Hudson property that turned 30 years “A relevant education you can old in 2016 is located near Route 62 on 7.9 acres. The ownership bought the asset nearly directly apply to everyday user 10 years ago this coming November for $11.5 investment decisions ... that’s million, its owners previously the well-known industrial investor and operator Calare Properwhat CCIM did for me.” Kevin Brawley ties which is based in Hudson. In the lease agreement, Alan Ringuette MICHAEL DELSESTO, CCIM of Stubblebine Co. negotiated for the tenant, Acquisitions Manager CPI Radant, a division of Communication and The Mount Vernon Company Power Industries, while Colliers International the/ power of the pin 508.350.9900 / 3phaseelevator.com 24|7 SERVICE THE HIGHEST STANDARDS IN VERTICAL TRANSPORTATION. was exclusive agent for the building. The firm which specializes in design, manufacture and 3Phase Elevator Corporation | 781.380.0932 | www.3phaseelevator.com | 24/7 + SERVICE +1 888-848-4300 testing of antennas, composite structures and radomes also has existing operations in Clinton THE HIGHEST STANDARDS IN VERTICAL TRANSPORTATION. and Stow, with the Hudson address favored due Alan Ringuette continued on page 64

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Legacy Ventures, ProPartners Buy 67,200 SF of RI Industrial

WHY EARN A CCIM DESIGNATION?

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“A relevant education you can directly apply to everyday user investment decisions ... that’s what CCIM did for me.” MICHAEL DELSESTO, CCIM Acquisitions Manager The Mount Vernon Company

the power of the pin

ROVIDENCE, RI — In a deal negotiated by CBRE/NE, Legacy Real Estate Ventures of Waltham has teamed with an affiliate of LAZ Parking to buy 300 Niantic Ave., a 67,200-sf industrial building strategical- Michael L. Price Alden Anderson Jr. ly located in the city’s Enterprise Zone. Led by founder Michael L. Price, Legacy joined ProPartners in Parking to buy the asset at a consideration of $4.2 million. CBRE/NE principal Alden Anderson Jr. and Vice President Tom Barry advised seller CEP Niantic LLC in the transaction and also procured the winning suitor. continued on page 64 Thomas Barry


THE REAL REPORTER

June 21, 2017

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Avison Young Upbeat About Hub Office Market

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BY MIKE HOBAN

OSTON — Buoyed by a sustained migration of office tenants into the city, the leasing market for Boston’s central business district remains strong and vacancy will continue to decline for the next few years—despite the preceding 12-month period of slowed absorption. That was the conclusion Arthur J. Mirante II of presenters at Avison Young’s Boston Market Trends & Outlook program held recently at the Downtown Harvard Club, a presentation bookended by an overview of the New York market and a talk on Ronald Perry the practical application of creative thinking by Boston Properties’ Executive VP Bryan Koop (see story below). “What it comes down to is that the fundamentals remain strong,” AY Michael McElaney principal Ronald Perry

The Sustainability ‘Stance’ Leading to 888 Boylston St.

told Real Reporter following the program. “We have good demand, and there is selective supply coming into the market, but I think the biggest thing is the variety of companies—led by the tech firms—that are moving into the city and taking space.

They are moving here to attract and retain talent, but we also have the traditional firms that continue to build that foundation in the city.” The program kicked off with an overcontinued on page 62

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BY MIKE HOBAN

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OSTON — At the recent Boston Market Trends & Outlook hosted by Avison Young (see story above), featured speaker Bryan J. Koop of Bryan J. Koop Boston Properties led off his presentation with this quote from visionary entrepreneur Elon Musk. “People are mistaken when they think that technology automatically improves,” he began. “It does not. I think it degrades automatically. The Romans forgot how to build aqueducts and the Egyptians forgot how they built the pyramids. If you’re not progressing, you’re regressing.” Koop followed the Musk quote with

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the admission that, “This is kind of my nightmare right now for our (development) team,” seeming to imply that if Boston Properties—one of the most forward-thinking landlords in the coun-

try—were to become complacent in their thinking, the firm would also run the risk of becoming yet another formerly great culture. But if his presentation was any incontinued on page 63


THE REAL REPORTER

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June 21, 2017

Commercial Deals

MILLION DOLLAR MORTGAGES/SALES APRIL 24 - MAY 19, 2017

MAY 19th BUYER: Gadoni LLC, c/o Geoffrey Smith at Mintz Levin SELLER: Spire 65 Bay Street LLC, mgd. by Isaac Dyer PRICE/ADD: $17,000,000; 65 Bay St., Boston NOTES: Industrial property, constructed 2011; building size is 77,750 sf, lot size is 4.6 acres; last sold for $7,100,000 in Nov. 2013

Hub Deal Reels in $79M for KBS via HFF

MTG: $10,000,000 from Eastern Bank ADD: 131 and 133 Central St. and 33 Commercial St., Foxborough BWR: Foxborough Regional Charter School, c/o Matthew Yezukevich, treasurer BUYER: Education Capital Solutions LLC, mgd. by Morgan Earnest and Gregory Silvers, Kansas City MO SELLER: Johnson Road Properties LLC, managed by Hasan Erman, president; Alper Anil, treasurer PRICE/ADD: $7,000,000; 20 Johnson Rd., Chicopee NOTES: Educational property, constructed 1966; building size is 35,725 sf, lot size is 6.1 acres; last sold in Dec. 2012 for $1,500,000 MTG: $5,500,000 from Rollstone Bank and Trust Co. ADD: 1376 West Central St., Franklin BWR: 140 LLC, managed by Paul J. Maggiore 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, lot size is three acres; last sold for $10,250,000 in Jan. 2006 MTG: $2,600,000 from Eastern Bank ADD: 17 River St., 1 Sopher House Ln., 400 and 420 Washington St. and 0 Wyman Rd., Braintree BWR: Corporate Center of Braintree LLC, managed by Louis Falcone and Frank Giglio BUYER: 394 Comm LLC, managed by Deborah D. Martin and Roxane C. Pratten SELLER: Hudson Harbor R E Properties LLC PRICE/ADD: $1,500,000; 394 Commercial St., Provincetown MTG: $2,025,000 from Bank of Canton NOTES: Mixed-use prop., const. 1850; bldg. size is 2,650 sf, lot size is 4,175 sf; last sold for $1,200,000 in April 2016

MAY 18th BUYER: HP Chicopee LLC, c/o Hammes Company Healthcare, Brookfield WI SELLER: Practice Properties LLC, mgd. by Robert Lounsbury PRICE/ADD: $16,530,000; 444 Montgomery St., Chicopee MTG: $23,075,000 from Westfield Bank NOTES: Medical office property, const.1968; building size is 46,700 sf, lot size is 30.4 acres; last sold for $11,400,000 in Dec. 2011 continued on page 13

50 Congress St., Boston MA (RENOVATION RENDERING)

B

BY JOE CLEMENTS

OSTON — It took a while—NOT—for KBS Capital Advisors to deliver a handsome return on 50 Congress St. Less than four years after paying $51 million for the 10-story, 180,000-sf office building, the West Coast-based investor has reaped $79 million from its trade to a partnership of Jumbo Capital Management and Guggenheim Real Estate. HFF procured the winning bid, and the CRE services provider and mortgage banking firm is now arranging financing on behalf of GRE Congress Street LLC. The trade of 50 Congress St., first unveiled by Real Reporter this past month, was led by HFF’s Senior Managing Director Coleman Benedict, Managing Director Christopher Phaneuf and Director Benjamin Sayles, while Director Lauren O’Neil of the Debt and Structured Finance group is securing the acquisition financing for their client. CBT Architects has been hired by Jumbo/Guggenheim to craft a renovation of the jewel-box asset which dates to the Woodrow Wilson

administration. Erected in two phases between 1910 and 1915, 50 Congress St. is one of the Hub’s first “skyscrapers,” today sharing the landscape with Exchange Place right next door, the blue-glass tower reaching 40 stories situated Coleman Benedict at the traditional epicenter of Boston’s CBD, Congress and State Streets. And there is more to love about the venue, relays Sayles. “Being just steps from Post Office Square and directly across from the future headquarters of Digitas/Publicis Groupe at Lauren O’Neil Congress Square (Related Beal’s dramatic overhaul of the Fidelity Investments headquarters), 50 Congress Street occupies an irreplaceable position within the urban core,” he outlines, and further explains that a Financial District which Christopher Phaneuf suffered mightily in the 2008 recession enters 2017 “one of the strongest office markets in the United States with a vacancy rate that continues to remain very low and rents that are on the rise.” An ornate building designed by renowned architects Ancontinued on page 23 Benjamin Sayles


THE REAL REPORTER

June 21, 2017

15

Commercial Deals

MILLION DOLLAR MORTGAGES/SALES APRIL 24 - MAY 19, 2017 continued from page 14 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 Warren Ave., Somerville NOTES: Retail property, constructed 1940; building size is 6,325 sf, lot size is 19,175 sf; sellers’ family ownership in property dates to Oct. 1967 MTG: $1,935,000 from JPMorgan Chase Bank ADD: 92 Webster Ave., Cambridge BWR: Lynnshore Associates LLC, managed by Gaetano F. Morello MTG: $1,550,000 from Mansfield Cooperative Bank ADD: 88 Irving St., Somerville BWR: 88 Irving LLC, managed by Amos Eisenberg and Michael Moskowitz BUYER: K&E Plus Three Enterprises II LLC, managed by Elham K. Naoum and Khalil Naoum SELLER: Lorraine A. Sousa and Lisa M. Toomey PRICE/ADD: $1,340,000; 16 East Main St., Yarmouth MTG: $1,072,000 from Rockland Trust Co. NOTES: Retail property, constructed 1960; building size is 1,850 sf, lot size is 30,925 sf; sellers’ family acquired property for $185,000 in Oct. 1980 MTG: $1,050,000 from UniBank for Savings ADD: Magill Drive, Lots 53, 54, 55, 91 and 104, Grafton BWR: Magill Associates Inc., managed by John H. Magill, Jr., president and treasurer

MAY 17th BUYER: GRE Congress Street LLC, managed by Howard Hirsh and Jay O. Hirsh, c/o Jumbo Capital Management and Guggenheim Real Estate SELLER: KBS SOR 50 Congress Street LLC, c/o KBS Capital Advisors PRICE/ADD: $79,000,000; 50 Congress St., Boston NOTES: Office property, constructed 1912; building size is 179,875 sf, lot size is 19,925 sf; last sold for $51,000,000 in July 2013 MTG: $10,250,000 from Red Mortgage Capital ADD: 165 Carl Ave., Brockton BWR: NAHF Brockton LP, managed by William Casper, president BUYER: HP Springfield Bicentennial LLC, c/o Hammes Company Healthcare, Brookfield WI SELLER: Practices Properties Springfield LLC, managed by Robert Lounsbury PRICE/ADD: $7,125,000; 305 Bicentennial Hwy., Springfield MTG: $23,075,000 from Westfield Bank NOTES: Medical office property, constructed 1984: building size is 23,225 sf, lot size is 6.1 acres; last sold for $5,200,000 in Jan. 2014

TH Real Estate, the pension fund giant formerly known as TIAA Real Estate, is new owner of a large retail condominium at 201 Newbury St. in the thick of Boston’s globally known shopping Mecca. Newmark’s retail team for the firm’s Capital Markets division advised the seller, 201—Prince LLC and procured the buyer, TRPF 201 Newbury Street LLC. The selling entity is managed by John Francis Conley and Robert William McNamara. The multi-level unit last sold in January 2007 at a consideration of $42,625,000. Along with US Head of Capital Investments Robert E. Griffin Jr., the Newmark crew on the exclusive was led by Executive Managing Director Geoff Millerd, Managing Director Justin Smith and Financial Analyst Paul Penman.

BUYER: HP Agawam LLC, c/o Hammes Company Healthcare, Brookfield WI SELLER: Practice Properties LLC, managed by Robert Lounsbury PRICE/ADD: $4,845,000; 230-232 Main St., Agawam MTG: $23,075,000 from Westfield Bank NOTES: Medical office property, constructed 1987; building size is 24,900 sf, lot size is 8.6 acres; last sold for $3,200,000 in Dec. 2011 BUYER: Giri Danvers Inc., mgd. by Ashish Sangani, pres. SELLER: BRE/ESA P Portfolio LLC, c/o Extended Stay Portfolio PRICE/ADD: $4,400,000; 102 Newbury St., Danvers MTG: $5,640,000 from Kennebunk Savings Bank NOTES: Hotel property, constructed 1998; building size is 45,425 sf, lot size is 2.6 acres; 104 units; last sold for $1,300,000 in May 1997 BUYER: Oldfields LLC, managed by David Gambone and Kyle Gambone SELLER: JLAB LLC, mgd. by Anthony Bellanti & Jason Li PRICE/ADD: $964,600; 41 Oldfields Rd. and 109115 Stanwood St., fka Lots A, B and C, Dorchester MTG: $4,300,000 from South Shore Bank NOTES: Land parcels; lot size totals 16,175 sf; portion of property seller acquired in May 2015 for $115,000 MTG: $3,800,000 from Eastern Bank ADD: 228 Andover St., Wilmington BWR: 228 Andover Street LLC, managed by Robert C. Penna

BUYER: Mad Brook Realty LLC, managed by Mark Lightner and Nancy Hamblet Lightner SELLER: Jumbo Capital Burlington Partners LLC, managed by Howard Hirsh and Jay O. Hirsh PRICE/ADD: $3,750,000; 209 Middlesex Tpk., Burlington MTG: $1,500,000 and $1,875,000 from Eastern Bank and $1,536,000 from New England Certified Development Corp. NOTES: Industrial flex property, constructed 1975; building size is 20,000 sf, lot size is 2.8 acres; last sold in Oct. 2013 for $1,550,000 BUYER: Sterling Hill Stoneham LLC, mgd. by Eric Katz SELLER: Fellsway Development LLC, c/o Gutierrez Cos., managed by Arthur J. Gutierrez, Jr., president PRICE/ADD: $3,346,400; 7 and 11 Executive Dr., 3 and 5 Woodland Rd., Lot K, Stoneham MTG: $14,000,000 from Enterprise Bank & Trust Co. NOTES: Land parcel; lot size is 5.3 acres; portion of 40.7-acre property seller acquired in February 2000 for $16,909,750 MTG: $2,100,000 from Walpole Cooperative Bank ADD: 167 Chestnut St., and 9 Oak St., Needham BWR: Granville Investments LLC, managed by Lauren P. Hentschel and Robert J. Hentschel MTG: $1,745,000 from Enterprise Bank & Trust Co. ADD: 106 West Main St., Merrimac BWR: Regency Village LLC, managed by James M. Palmisano, president continued on page 16


16

THE REAL REPORTER

June 21, 2017

Commercial Deals

MILLION DOLLAR MORTGAGES/SALES APRIL 24 - MAY 19, 2017 continued from page 15

MAY 16th MTG: $157,000,000 from Union Labor Life Insurance Co. ADD: 399 Congress St., Boston BWR: 399 Congress LLC, c/o Crescent Heights of America BUYER: 125 Lincoln Street Owner (DE) LLC, c/o Oxford Properties Group SELLER: 125 Lincoln Street Limited Liability Co., c/o Intercontinental Real Estate Corp., managed by Peter Palandjian, president and CEO PRICE/ADD: $39,500,000; 109-151 Lincoln St., Boston NOTES: Parking garage, constructed 1960, renovated 1998; building size is 115,625 sf, lot size is 27,975 sf; last sold for $6,050,000 in Aug. 1996 MTG: $13,750,000 from Cambridge Savings Bank ADD: 172-184 High St., Boston BWR: Forest High LLC, c/o the Hoffman Cos., managed by Matthew Hoffman BUYER: Prince Street Associates LLC, managed by James P. DeVellis SELLER: Store Master Funding VII LLC, managed by Michael T. Bennett PRICE/ADD: $5,500,000; 30 Prince St., Danvers MTG: $4,100,000 from Belmont Savings Bank NOTES: Retail property, constructed 1974; building size is 42,975 sf, lot size is 5.6 acres; last sold for $5,100,000 in Jan. 2015 MTG: $3,906,000 from Rockland Trust Co. ADD: 245-257 Marginal St., Chelsea BWR: Marginal Street Development LLC, managed by Paul Lohnes and Alex M. Steinbergh BUYER: Norwest Group Inc., managed by David A. Scales, president; Matthew J. Scales, treasurer SELLER: AMR Brockton LLC, mgd. by Craig A. Wilson PRICE/ADD: $2,000,000; 45 Industrial Blvd., Brockton MTG: $1,600,000 from United Bank NOTES: Industrial prop., const. 1997; bldg. size is 46,000 sf, lot size is 8.1 acres; last sold in Feb. 2000 for $2,864,489

A 104-unit extended stay hotel property on well-manicured grounds at 102 Newbury St. in Danvers has changed hands for the first time in 20 years. Giri Danvers Inc. has paid $4,400,000 to BRE/ESA P Portfolio LLC, an entity formed by the Extended Stay Portfolio which developed its namesake inn one year after paying $1,300,000 in May 1997 to secure the 2.6 acre site that is located along Route One near the interchange with Interstate 95. Kennebunk Savings Bank loaned $5,640,000 for acquisition and repositioning of the asset, the borrower led by President Ashish Sangani.

BUYER: Newmarket Center LLC, c/o the Winhall Cos., managed by Kenneth Epstein and Richard Epstein SELLER: DDJB Real Estate Holdings LLC, managed by Robert Quinn PRICE/ADD: $8,850,000; 114-124 Gerard St. and 76-80 Kemble St., Boston MTG: $4,800,000 from Country Bank for Savings NOTES: Office property and land parcel; 114-124 Gerard St. an office property, constructed 1899, renovated 2009; building size is 54,800 sf, lot size is 13,700 sf; 76-80 Kemble St. a land parcel; lot size is 22,500 sf; last sold in Oct. 2013 for $1,275,000

MAY 15th

BUYER: Marrett Retail LLC, managed by Robert Parsekian and Ketan Patel SELLER: Curtin Realty Trust, managed by Dean Curtin PRICE/ADD: $8,000,000; 428, 429, 430, 433 Marrett Rd., Lexington MTG: $5,580,000 from Cambridge Trust Co. NOTES: Mixed-use properties; 428 Marrett Rd. an office prop., const. 1978; bldg. size is 2,900 sf, lot size is 6,525 SF; 429 Marrett Rd. a retail prop., const. 1966; bldg. size is 5,150 SF, lot size is 38,275 sf; 430 Marret Rd. an office prop., const. 1959; bldg. size is 3,700 sf; 433 Marrett Rd. an office prop., const. 1966; building size is 3,925 sf, lot size is 16,200 sf; 442 Marrett Rd. an office prop., const. 1959; bldg. size is 14,400 sf, lot size is 42,250 sf; seller acq. 428, 429, 430 and 442 Marrett Rd. in Nov. 1983 for $890,000; seller’s family acquired 433 Marrett Rd. in May 1945 for $3,300

MTG: $16,400,000 from Benefit Street Partners CRE Finance LLC ADD: 1080 Falmouth Rd., Barnstable BWR: 1080 Falmouth LLC, mgd. by Richard Kassis

MTG: $2,780,000 from Wellesley Bank ADD: 6, 8, 10, 12 and 14 Fern St., Allston BWR: LG DYU LLC and GZ Allston LLC, managed by Lee Guzovsky and Todd Zuccarino

BUYER: Northland Residential Advisory Group LLC, c/o Northland Residential Corp., managed by John C. Dawley and Richard A. Thomas SELLER: Wellesley College, c/o Paula Johnson, president PRICE/ADD: $900,000; 11 Homestead Rd., Wellesley MTG: $1,637,500 from Middlesex Savings Bank NOTES: Tax-exempt property, constructed 1964; building size is 1,550, lot size is 19,350 sf; seller acquired proprety in Feb. 2016 for $120,424

MTG: $2,674,800 from Capital Funding LLC ADD: 309 Driftway, Scituate BWR: South Shore Real Estate Investors LLC MTG: $1,633,500 from Watertown Savings Bank ADD: 7 Nimrod Dr., Concord BWR: Richard J. Curtin and Robert J. McGinty, trustees of Old South Street Realty TR BUYER: Burlington Properties LLC, managed by Andreas A. Tsitos SELLER: 28 Cambridge Street LLC, mgd. by Jerry Slack PRICE/ADD: $1,600,000; 28 Cambridge St., Burlington MTG: $1,200,000 from Stoneham Bank NOTES: Retail prop., const. 1996; bldg. size is 10,300 sf, lot size is 20,750 sf; last sold in April 1985 for $245,000 MTG: $1,600,000 from Southbridge Savings Bank ADD: 63 North Main St., Charlton BWR: A&K Realty Holdings LLC, mgd. by Mark Amadio BUYER: 8 Williams Lane LLC, managed by Matthew R. MacEachern SELLER: Williams Lane LLC, managed by Penelope Day and Heidi Drew PRICE/ADD: $1,250,000; 8 Williams Ln., Nantucket MTG: $1,000,000 from Cape Cod Five Cents SB NOTES: Office prop., const. 1986; bldg. size is 1,700 sf, lot size is 8,275 sf; last sold for $900,000 in Dec. 2004 BUYER: Aaron Hauptman and Miriam Schoenfield SELLER: 86 Howard Street LLC, mgd. by Scott W. Zink PRICE/ADD: $1,190,000; 80-86 Howard St.,, Cambridge MTG: $50,000 and $100,000 from Massachusetts Institute of Technology continued on page 17


THE REAL REPORTER

June 21, 2017

17

Commercial Deals

MILLION DOLLAR MORTGAGES/SALES APRIL 24 - MAY 19, 2017 continued from page 16 NOTES: Multifamily property, constructed 1903; building size is 4,050 sf, lot size is 3,600 sf; six units; last sold for $1,125,000 in Dec. 2015 BUYER: G&C Group USA Inc., managed by Hairen Zuo, president and treasurer SELLER: John A. Wolfson, trustee of the Leonard Tanner Living Trust Agreement PRICE/ADD: $1,100,000; 0 Station Rd., Barre; and 295 McEvoy Rd., New Braintree NOTES: Land parcel; lot size is 100 acres; seller’s family acquired property in Dec. 1979 for $117,000

MAY 12TH MTG: $25,000,000 from Greystone Servicing Corp. ADD: 15 Taylor St., Springfield BWR: 15 Taylor LLC, managed by Aaron Papowitz MTG: $24,255,000 from First Republic Bank ADD: 40 Berkeley St., Boston BWR: MVC 40B LLC, managed by Christopher V. Bilotti, treasurer MTG: $16,000,000 from Boston Private B&T Co. ADD: 110-114 Rantoul St., Beverly BWR: Barnat Beverly LLC, managed by Sarah Barnat MTG: $7,000,000 from Belmont Savings Bank ADD: 45-55 Washington St., Foxborough BWR: Donald E. Rodman MTG: $5,745,000 from First Republic Bank ADD: 1848-1850 Commonwealth Ave., Boston BWR: Christopher V. Bilotti MTG: $5,500,000 from Blue Hills Bank ADD: 800 Chestnut St., Franklin BWR: SRA Realty Group LLC, managed by Suzanne N. Hinrichs and Robert C. Hinrichs MTG: $3,445,000 from Rockland Trust Co. ADD: 127 Tremont St., Boston BWR: 127 Tremont Street LLC, managed by Paul Grant BUYER: Nantucket Boys and Girls Club Inc., managed by Stephen Cheney, president; John Graf, treasurer SELLER: Edward S. Hickey, Jr. PRICE/ADD: $2,490,000; 69, 71 & 73 Sparks Ave., Nantucket MTG: $3,000,000 from Cape Cod Five Cents SB NOTES: Mixed-use properties; 73 Sparks Ave. a two-family property, constructed ; building constructed 1970; building size is 1,975 sf, lot size is 5,225 sf; land parcels at 69 and 71 Sparks Ave. total 11,325 sf; seller inherited properties in Dec. 1981 MTG: $2,425,000 from HarborOne Bank ADD: 109 and 119 Bedford St. and 32 Spring St., East Bridgewater BWR: Attainment LLC, managed by Denise M. Coffey and James M. Coffey III

The hip parking facility that goes by 125 Lincoln St. has yielded $39,500,000 to an affiliate of Intercontinental Real Estate Corp., the homegrown SEC-registered investment advisor which spent only $6.05 million in August 1996 to buy the 115,625-sf building located on 27,975 sf overlooking the Rose Fitzgerald Kennedy Greenway. Oxford Properties Group made the all-cash acquisition after Newmark Capital Markets was hired to help their client move a garage which dates to 1960 and was upgraded under Intercontinental’s lengthy watch. Among other elements such as being able to accommodate larger vehicles than normal, 109-151 Lincoln St. has ground floor retail and an entire level of office space on top. The Newmark team overseeing its sale includes Robert E. Griffin Jr., Edward C. Maher Jr. and Matthew E. Pullen.

MTG: $2,000,000 from Raymond C. Green Funding LLC and Realty Capital LLC ADD: 39 Terry Ln., Plainville BWR: Reem Property LLC, mgd. by Mohammad Abouchleih MTG: $1,900,000 from Hingham Institution for Savings ADD: 8 Fairfield St., Boston BWR: Fairfield Trust Properties LLC, managed by Simcha J. Weller

MAY 11th MTG: $3,500,000 from East Boston Savings Bank ADD: 202, 204 and 206 H St., Boston BWR: MJ Venture LLC, managed by Matthew Morgan BUYER: AU Washington LLC, managed by Benjamin S. Moll ad Daniel R. Moll SELLER: Gal Ifrah and Ron Ifrah PRICE/ADD: $2,800,000; 299-309 Hancock St., Dorchester MTG: $2,950,000 from Brookline Bank NOTES: Mixed-use property, constructed 1920, renovated 2001; building size is 12,150 sf, lot size is 8,000 sf; last sold for $1,427,400 in Nov. 2013 MTG: $1,200,000 from Athol Savings Bank ADD: 50 Whalon St., Fitchburg BWR: Whalon II LLC, managed by Arnold Watkin MTG: $1,100,000 and $1,189,932 from Hometown Bank ADD: Countryside Rd., Bellingham BWR: Pine Hollow LLC, mgd. by Steven F. Venincasa

MAY 10th MTG: $47,725,000 from Capitol One ADD: 6 Lealand Ave. and 6/10 South Westfield St., Agawam; 2012 Memorial Dr. and 520 Montgomery St., Chicopee; 204 North Main St., East Longmeadow; 425 Center St., Ludlow; 1315 Boston Rd., 487 and 833 East Columbus Ave., 720 West Columbus Ave. 730 Sumner Ave., 77 and 93 West Broad St., 518 Memorial Ave., 1130 Riverdale St., and 735 and 2667 Westfield St., West Springfield; 1200 Wilbraham Rd., Springfield; 90 South Maple St., Westfield; and 2788 Boston Rd., Wilbraham BWR: CH Realty VII/CG Mact Bird LLC, managed by Crow Holdings MTG: $6,250,000 from PeoplesBank ADD: 100 Congress St., and 711 Dwight St., Springfield BWR: Gulmohar Hospitality LLC, mgd. by Shardool Parmar MTG: $5,500,000 from Middlesex Savings Bank ADD: 195-211 Rosemary St., Needham BWR: Petrini Corp., managed by Gregory L. Petrini, president; Lynn Petrini, treasurer MTG: $4,000,000 from Cape Cod Five Cents Savings Bank ADD: 155 Southampton St., Boston BWR: Theodore Glynn Way LLC, managed by George Deligiannides and George Frangladakis continued on page 16


18

THE REAL REPORTER

June 21, 2017

Commercial Deals

MILLION DOLLAR MORTGAGES/SALES APRIL 24 - MAY 19, 2017 continued from page 17 MTG: $3,000,000 from Raymond C. Green Inc. ADD: 2 Bradford Place, Everett BWR: Reem Property LLC, managed by Mohammad Abouchleih BUYER: Herb Chambers Peabody LLC, managed by Herb Chanbers SELLER: Diane Swim and Donald Swim, trustees of Dawn’s Realty TR PRICE/ADD: $2,150,000; 202 Newbury St., Peabody NOTES: Retail property; building size is 20,000 sf, lot size is three acres; last sold for $285,000 in Dec. 1993 MTG: $1,000,000 and $1,200,000 from Monson Savings Bank ADD: 12-14 Somers Rd., East Longmeadow BWR: Secure Energy Realty LLC, managed by Christopher Duby, Joseph Stephen Fusco and Kevin Mattson

MAY 9th BUYER: NPV Owner LLC, mgd. by Sarah Laffey, sig. SELLER: BH Brightview New Pond Village LLC, c/o Harrison Street Real Estate Capital LLC PRICE/ADD: $22,400,000; 170 and 180 Main St., Walpole NOTES: Assisted living property, constructed 1990; first building size is 48,675 sf, lot size is 30 acres; 199 units; second building size is 54,500 sf; third building size is 54,325 sf; fourth building size is 55,550 sf; last sold for $9,656,264 in Aug. 2014 MTG: $7,300,000 from The Provident Bank ADD: 647 and 647A Summer St., Boston BWR: Summer Street Solar 1 LLC, mgd. by David Greaney BUYER: Corporation of the Presiding Bishop of the Church of Jesus Christ of Latter-Day Saints SELLER: Mount Ida College, mgd. by Jason Potts, treas. PRICE/ADD: $7,000,000; Off Carlson Avenue and Dedham Street, Lot A, Newton NOTES: Land parcel; lot size is 5.5 acres; portion of property seller acquired in Sept. 1951 MTG: $1,480,000 from BayCoast Bank ADD: 68 North Main St., Carver BWR: Acme Realty Trust LLC, managed by David Gannon BUYER: American Green Building Services Inc., managed by Ariel A. Peguero, president and treasurer SELLER: Kenneth Montuori, trustee of Neil Realty TR PRICE/ADD: $1,160,000; 200 Milton St., Units 9, 10, 11, 12 and 13, Dedham MTG: $928,000 from Southfish Inc. NOTES: Industrial condominiums, contructed 1988; Unit 9 size is 1,750 sf; Unit 10 size is 1,975 sf; Unit 11 size is 2,300 sf; Unit 12 size is 3,825 sf; Unit 13 size is 3,450 sf; seller’s ownership in property dates to Oct. 1986 MTG: $1,150,000 from Salem Five Cents SB ADD: 300 Turnpike Rd., Westborough BWR: Banyan Land LLC, mgd. by Eric U. Henderson

A long-held apartment building at 160 West Main St. in Marlborough has new ownership following its $2,975,000 sale from Marlboro-Pleasant Realty Inc. to West Main and Mount Pleasant LLC, with Kush Patel the founding manager of the latter group that was backed by $2,400,000 from Enterprise Bank & Trust Co. Built in 1963, the brick-faced building has a dozen units in its 9,075-sf constitution which is located on just under a half-acre off Route 20 (West Main Street) near Ward Park. Well-known multifamily investor Philip J. Privitera is president and treasurer of Marlboro-Pleasant Realty Inc., owner of the three-story building since December 1986 when it was secured for $1,725,000.

MTG: $1,000,000 from Raymond C. Green Funding LLC ADD: 17 Elm Rd., Westford BWR: Reem Property, mgd. by Mohammad Abouchleih

MAY 8th MTG: $10,725,000 from Eagle Bank ADD: 2 Board Alley and 239-251 Hanover St., Boston BWR: Bricco Realty LLC, managed by Deborah A. DePasquale and Frank DePasquale MTG: $7,320,000 from Brookline Bank ADD: 10-14 Corey St. Melrose BWR: Corey 10 Development LLC, mgd. by John Wise MTG: $6,300,000 from Goldman Sachs Bank ADD: 303 Broadway Rd., Dracut BWR: Prime Group Broadway Road Dracut LLC, managed by Robert J. Moser, Sarag, NY MTG: $5,500,000 from Citizens Bank ADD: 376 and 390-400 Franklin St., Braintree BWR: Wildwood Estates of Braintree LLC, mgd. by Francis Messina Jr., president; Arthur Stavris, treasurer MTG: $4,500,000 from Boston Private B&T Co. ADD: 100 Elm St. and 125 West St., Walpole BWR: TMC 100 Elm LLC, managed by Charles W. Cargill, John C. Howe, Michael A. Manzo and Richard P. Tambone

BUYER: Chelmsford Real Estate Group LLC, managed by Robert E. Beaver SELLER: Gregcoh LLC, managed by Nancy Cohn PRICE/ADD: $3,030,000; 194 Chelmsford St., Chelmsford MTG: $2,425,000 from Rollstone Bank and Trust Co. NOTES: Retail property, constructed 1990; building size is 10,050 sf, lot size is 1.6 acres; last sold for $3,020,000 in April 2008 MTG: $2,500,000 from Blue Hills Bank ADD: 24 and 25 Everett St. and 35 Waverly St., Boston BWR: First Commercial Realty LLC, mgd. by Anwar Faisal MTG: $2,126,000 and $7,850,000 from Enterprise Bank & Trust Co. ADD: 904 Main St., Wilmington BWR: 904 Main Street Realty Company LLC, managed by Robert Coppinger, North Hampton NH MTG: $1,430,000 from Everett Cooperative Bank ADD: 8-10 Bennington St., Newton BWR: Glenshane I LLC, managed by Patrick McKenna BUYER: Sanco Builders LLC, mgd. by Michael Santullo SELLER: 46 High Street LLC, managed by Philip Bernat PRICE/ADD: $1,150,000; Conventry Lane, Lots 4, 5 and 10, fka 44 and 46 High St., Stoneham MTG: $2,107,500 from East Boston Savings Bank NOTES: Land parcels; lot size totals 10,100 sf; last sold for $925,000 in Dec. 2011 continued on page 19


THE REAL REPORTER

June 21, 2017

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Commercial Deals

MILLION DOLLAR MORTGAGES/SALES APRIL 24 - MAY 19, 2017 continued from page 18 BUYER: Western Aerospace LLC, managed by Kiril S. Alexandrov and Catherine Alexandrov SELLER: Harding Court LLC, mgd. by Lou Makrigiannis PRICE/ADD: $1,050,000; 28 Howard St. and 215 Western Ave., aka 209-215 Western Ave., Cambridge MTG: $1,080,000 from Leader Bank NOTES: Mixed-use props.; 28 Howard St. a retail property, const. 1910; bldg. size is 2,800 sf, lot size is 1,725 sf; 215 Western Ave. const. 1900; bldg. size is 1,600 sf, lot size is 1,325 sf; last sold for $765,000 in July 2007

MAY 5th BUYER: Lexington Christian Academy Inc., mgd. by James M. Bolton, president; Gerald Moore, treasurer SELLER: Sunnyview Education LLC, mgd. by Son Hui Kim PRICE/ADD: $11,700,000; 265 Lowell St., Lexington NOTES: Academic property, constructed 1900; building size is 42,000 sf, lot size is six acres; last sold in Nov. 2012 for $4,500,000 MTG: $1,711,458 and $1,902,750 from Boston Community Loan Fund Inc., $3,140,866 from Massachusetts Housing Partnership Fund Board and $6,956,035 from Enterprise Bank ADD: 140 Adams St., Leominster BWR: Ivory Keys LLC, managed by Cynthia Russo and Louis Russo BUYER: Emerson College, managed by M. Lee Pelton, president SELLER: Daniel Levin, trustee of Roxbury Operating TR PRICE/ADD: $5,500,000; 543-547 Washington St., Boston NOTES: Mixed-use property, constructed 2008; building size is 78,525 sf, lot size is 9,525 sf; seller’s family ownership in property dates to Oct. 1962 BUYER: Heat Treating LLC, mgd. by John McCormack SELLER: Industrial Heat Treatment Inc. and Euniewill LTD LP, mgd. by Lynne Davis, president and treasurer PRICE/ADD: $4,950,000; 26 Densmore St. and 31 Newbury St., Quincy MTG: $3,500,000 from Endeavor Capital Funding LLC NOTES: Industrial properties; 26 Densmore St. constructed 1950; building size is 17,050 sf, lot size is 18,850 sf; 31 Newbury St. constructed 1978; building size is 25,850 sf, lot size is 32,650 sf; seller’s family ownership in properties dates to July 1969 BUYER: Erula LLC, managed by Dr. Gerald Chan SELLER: Alfred A. Molinari Jr. and Maureen K. Molinari PRICE/ADD: $3,125,000; 100 Locke Dr., Marlborough NOTES: Industrial property, constructed 1980; building size is 99,000 sf, lot size is 11.6 acres; property last sold in Jan. 1980 for $150,000 MTG: $2,600,000 from Norwood Cooperative Bank ADD: 24, 51, 63 and 87 Fountain Knoll Ln., Kingston BWR: Champion Builders Inc., managed by Matthew J. Dacey, president and treasurer

Digital Federal Credit Union financing of $600,000 has given Emilios and Theodora Loulourgas Liberty Plaza in Plainville after paying $1,780,000 for the multi-tenanted retail property at 80 Taunton St. The seller is Ocean Waves LLC and its manager, Richard J. Shields, which developed the 8,250-sf project after paying $1,060,000 for the 1.4-acre site in August 2007, with the retail center coming on line one year later.

MTG: $2,530,000 from Mansfield Cooperative Bank ADD: 112 Adams St., 41 Forest St., 57 Marshall St., 359 Park St. and 268-270 Wood Ave., Boston; 46 Ford St. and 28 Silver Rd., Brockton; and 38 Smith St., Lowell BWR: Bulldog Properties LLC, mgd. by Brian Anderson BUYER: 111 JAM LLC, managed by John A. McMullen SELLER: 111 Dorchester Partners LLC, managed by Thomas P. Calus PRICE/ADD: $2,433,000; 105-111 Dorchester St., South Boston MTG: $1,000,000 from East Boston Savings Bank NOTES: Retail property, constructed 1899; building size is 2,950 sf, lot size is 3,825 sf; last sold in Feb. 2013 for $830,000 MTG: $2,150,000 from First Ipswich Bank ADD: 162 Federal St., Salem BWR: 162 Federal Street LLC, managed by Dan Botwinik and Derek Henry Santini MTG: $1,800,000 from Mutual One Bank ADD: 53-71 Shrewsbury St, Boylston BWR: That ME Realty LLC, mgd. by Ronald Emenwein MTG: $1,700,000 from Endeavor Capital Finance LLC ADD: 35 and 37 Dacia St., 3 Neponset Ave. and 51 and 53 Savin St., Boston BWR: First Suffolk LLC, managed by Vu Cuong MTG: $1,690,000 from Wellesley Bank ADD: 415, 417, 419 and 419A Neponset Ave., Dorchester BWR: Neponset Circle Realty LLC, managed by John T. Carroll MTG: $1,560,000 from Pawtucket Credit Union ADD: 131 Devon St., Dorchester, 1220 Blue Hill Ave, and 718-720 Morton St., Mattapan BWR: Project 77 LLC, managed by Kara W. Westerling

MTG: $1,361,250 from Norwood Cooperative Bank ADD: 105, 115 and 121 Congress St., Pembroke BWR: Champion Builders Inc., managed by Matthew J. Dacey, president and treasurer MTG: $1,000,000 from Rockland Trust Co. ADD: 24-26 Kirkwood Rd., Boston BWR: RIVA Development Corp., managed by Richard A. Scerbo, president and treasurer

MAY 4th MTG: $22,130,000 from Bank of America ADD: 600 Wheeler Rd., Burlington BWR: 600 Wheeler Road LLC, c/o the Gutierrez Co., mgd. by Arthur Gutierrez, Jr., president and treasurer MTG: $18,000,000 from East Boston Savings Bank ADD: 375 Ballardvale St., Wilmington BWR: NEW 375 BVALE LLC, mgd. by Michael Howland BUYER: Gardner RE LLC, mgd. by Howard Mermelstein SELLER: GRNC Realty LLC, managed by Kevin Morris PRICE/ADD: $8,175,000; 59 Eastwood Cir., Gardner MTG: $10,200,000 from Banco Popular North America NOTES: Nursing home, constructed 1971; building size is 51,100 sf, lot size is 3.8 acres; last sold in Oct. 2016 for $8,475,000 BUYER: 349 Washington Street LLC, managed by Robert L. Zeraschi SELLER: Oak Grove Realty LLC, mgd. by William Maheris PRICE/ADD: $2,010,000; 349 Washington St., Malden MTG: $1,500,000 from East Boston Savings Bank NOTES: Industrial property, constructed 1958; building size is 12,700 sf, lot size is 24,050 sf; last sold in April 1996 for $437,500 continued on page 20


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THE REAL REPORTER

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Commercial Deals

MILLION DOLLAR MORTGAGES/SALES APRIL 24 - MAY 19, 2017 continued from page 19 MTG: $1,315,000 from Leader Bank ADD: 19-21 Sewall St., Somerville BWR: 19-21 Sewall LLC, managed by Ramesh Izedian

MAY 3rd MTG: $20,000,000 from East Boston Savings Bank ADD: 0 and 190R North Ave., Haverhill BWR: WHC Haverhill AL LLC, managed by Scott Schuster MTG: $10,000,000 from Wells Fargo Bank ADD: 761, 777 and 793 Boylston St., Boston BWR: B&G Investments LLC, managed by Jolene Sarkis MTG: $7,500,000 from Hingham Institution for Savings ADD: 126 Warren St., Boston BWR: Ahmed Paha LLC, managed by Anwar Faisal MTG: $7,250,000 from Minnesota Life Insurance Co. ADD: 8 Seafood Way, Boston BWR: 8 Seafood Way LLC, managed by Andrew Davis BUYER: Pulaski Acquisition LLC, mgd. by Raymond Falite SELLER: Chelsea Industries Inc., managed by Lee Stuart Casty, president PRICE/ADD: $6,600,000; 58 Pulaski St., Peabody MTG: $5,600,000 from Chelsea Industries Inc. NOTES: Industrial property, constructed 1912; building size is 167,675 sf, lot size is 9.1 acres; property last changed hands in Sept. 1974 BUYER: Pendleton Realty LLC, managed by Mark Andreasson and Craig Kutner SELLER: Dresser RE LLC, managed by Derek Cleghorn PRICE/ADD: $4,500,000; 85 Bodwell St., Avon MTG: $1,842,000 from New England Certified Development Corp., and $1,800,000 and $2,250,000 from Middlesex Savings Bank NOTES: Industrial property, constructed 1968; building size is 127,450 sf, lot size is 11.3 acres; last sold for $5,000,000 in April 2001 MTG: $1,700,000 from MutualOne Bank ADD: U-78A, U-78B, U78-C, U-78D, and U-81D, Freedom Village, Ashland BWR: That Freedom Village Realty LLC, managed by Howard A. Fafard MTG: $1,600,000,000 from Bank of America ADD: 131 Massachusetts Ave., Lunenburg BWR: Alliance Energy LLC MTG: $1,450,000 from Reading Cooperative Bank ADD: 197-203 and 205-209 Humboldt Ave., 987991 River St. and 344 Warren St., Boston BWR: Stamatos Family Properties, managed by Christ J. Stamatos and George J. Stamatos MTG: $1,360,000 from Raymond C. Green TR ADD: 39-41 Terrace Ave., Newton BWR: Ocean Realty Partners LLC, managed by Todd Stamoulis

A long-held assemblage of office and retail properties on Route 2A in Lexington at the juncture of Waltham Street has sold for $8,000,000 with Marrett Retail LLC’s purchase from Curtin Realty Trust and its principal Dean H. Curtin fueled by $5,580,000 in Cambridge Trust Co. financing. The five buildings at 428, 429, 430, 433 and 442 Marrett Rd. have a diverse lineup of tenants in properties which range in size from 2,900 sf at 428 Marrett Rd. to 14,400 sf at the multi-tenanted 442 Marrett Rd. (pictured). Curtin’s family had held 433 Marrett Rd. since paying $3,300 in May 1945 for the 3,925-sf building and he bought the remainder in November 1983 at a price tag of $890,000, barely 10 percent of what the holdings have now fetched from Marrett Retail LLC, that group managed by Robert Parsekian and Ketan Patel.

MTG: $1,250,000 from Arbor Commercial Funding I LLC ADD: 17 Pearl St., Stoughton BWR: Stoughton Three P LLC, mgd. by Steven J. Kelley MTG: $1,200,000 from Main Street Bank ADD: 418 Boston Post Rd., Sudbury BWR: 418 Boston Post Road LLC, managed by John R. Parsons, Jr. MTG: $1,100,000 from Hingham Institution for Savings ADD: 110-130 Blue Hill Ave., 201 Hamilton St., 646 Mortons St. and 105-107 West Cottage St., Boston BWR: Castillo Auto Mall LLC, mgd. by Carlos Castillo

MAY 2nd MTG: $384,150,000 from Morgan Stanley Private Bank ADD: 350 and 650 Kendall St., Cambridge BWR: BMR-650 E Kendall B LLC and BMR-350 Kendall F LLC, managed by BioMed Realty MTG: $269,000,000 from Pacificcal PC Core Lender LLC ADD: North Point Blvd., North St., and North First St., Cambridge BWR: DW Propco JK LLC and DW Propco W LLC, managed by DivcoWest MTG: $38,830,000 from The Prudential Insurance Co. ADD: 1001-1006, 1101-1106, 1201-1204, 1301-1302, 3012-3420 and 4012-4417 Symmes Cir., Arlington BWR: FHF 1 Arlington 360 LLC, managed by TA Associates Realty MTG: $21,500,000 from Santander Bank ADD: 11-15 Iffley Rd., 50 Montebello Rd.. and 31903204 Washington St., Boston BWR: 3200 Washington Street LLC, managed by Berkeley Investments

BUYER: MSIC Properties LLC, mgd. by Michael Hanson SELLER: Needham Street Equity Partners LLC, mgd. by Kambiz Shahbazi PRICE/ADD: $20,859,000; 233 Needham St., Newton NOTES: Office property, constructed 1988; building size is 60,800 sf, lot size is 42,925 sf; last sold in Jan. 2007 for $11,552,000 BUYER: Franklin MA Senior Property LLC, managed by Donaldson L. Hartman and Martin E. Steinberger SELLER: Columbia/Wegman Franklin LLC PRICE/ADD: $20,142,500; 656 King St., Franklin MTG: $87,300,000 from Wells Fargo Bank NOTES: Assisted living property, const. 2013; building size is 64,475 sf, lot size is eight acres; 81 units; seller acquired property in Aug. 2012 for $1,380,000 BUYER: EIP Pickering Street LLC, c/o Equity Industrial Partners SELLER: Journal of Bone & Joint Surgery Inc.*, mgd. by James Beaty, MD, president; Peter Stern MD, treasurer PRICE/ADD: $4,725,000; 20 Pickering St., Needham MTG: $4,500,000 from Rollstone Bank & Trust Co. NOTES: Office property, constructed 1984; building size is 20,000 sf, lot size is 1.8 acres; seller acquired property in Sept. 1992 for $2,350,000; *seller signed 10-year lease with buyer for 10,943 sf BUYER: Chicopee Hospitality LLC, mgd. by Hershal Patel SELLER: Chunida Inc., managed by Dinesh Patel, president; Hershal Patel, treasurer PRICE/ADD: $3,900,000; 440 and 450 Memorial Dr., Chicopee MTG: $4,576,000 from Granite State Economic Development Corp., and $4,476,000 and $7,460,000 from Florence Bank continued on page 21


THE REAL REPORTER

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21

Commercial Deals

MILLION DOLLAR MORTGAGES/SALES APRIL 24 - MAY 19, 2017 continued from page 20 NOTES: Motel property, constructed 1962; building size is 73,275 sf, lot size is 3.1 acres; 100 units; last sold in Feb. 2007 for $4,325,000 MTG: $3,630,000 from People’s Bank ADD: 370 Pine St., Springfield BWR: Friends of Veritas Preparatory Charter School Inc., managed by Rachel Romano, president BUYER: Friends of Veritas Preparatory Charter School Inc., managed by Rachel Romano, president; Aaron Mendelson, treasurer SELLER: Maraline Development Corp., managed by Joseph A. Marois, president and treasurer PRICE/ADD: $3,300,000; 370 Pine St., Springfield MTG: $3,630,000 from PeoplesBank NOTES: Medical property, constructed 1968; building size is 61,650 sf, lot size is 1.4 acres; 59 rooms; property last sold for $375,000 in Dec. 2011 MTG: $2,020,000 from Rockland Trust Co. ADD: 95 Spring Bars Rd., Falmouth BWR: FTC LLC, managed by Maurice Khawam BUYER: Emilios Loulourgas and Theodora Loulourgas SELLER: Ocean Waves LLC, mgd. by Richard J. Shields PRICE/ADD: $1,780,000; 80 Taunton St., Plainville MTG: $600,000 from Digital Federal Credit Union NOTES: Retail property, constructed 2008; building size is 8,250 sf, lot size is 1.4 acres; Liberty Plaza; five units; property last sold for $1,060,000 in Aug. 2007 MTG: $1,575,000 from Avidia Bank ADD: 88 Main St., Hopkinton BWR: Rent Roll LLC, managed by John J. Greene MTG: $1,250,000 from Arbor Commercial Funding I LLC ADD: 17 Pearl St., Stoughton BWR: Stoughton Three P LLC, managed by Steven Kelley

MAY 1st BUYER: 100 High Owner LLC, c/o Rockpoint Group SELLER: SPUS7 High Street LP, c/o CBRE Global Investors PRICE/ADD: $370,000,000; 100 High St., Boston MTG: $207,800,000 from New York Life Insurance Co. NOTES: Office property, constructed 1988; building size is 545,000 sf, lot size is 40,000 sf; last sold for $282,500,000 in Sept. 2014 MTG: $5,500,000 from East Boston Savings Bank ADD: 3-5 Linnaean St., Cambridge BWR: Willow Land Corp., managed by Stephen Wolfberg, president and treasurer MTG: $5,496,000 from Greystone Servicing Corp. ADD: 67-73 Harvard Ave., Allston BWR: Joseph Realty Corp., mgd. by Anwar Faisal, pres. MTG: $3,994,000 from Greystone Servicing Corp. ADD: 423 Shawmut Ave., Boston BWR: Sara Real Estate LLC., managed by Anwar Faisal

Its cheery Elephant icon has left the premises along with all other evidence of The Learning Experience’s days operating a child care center at 194 Chelmsford St. in Chelmsford, a 10,050-sf building delivered empty recently for a consideration of $3,030,000 to Chelmsford Real Estate Group LLC, which is managed by Robert E. Beaver. Seller Gregcoh LLC, managed by Nancy Cohn, had paid $3,020,000 in April 2008 for the single-story building. Rollstone Bank & Trust loaned the buyer $2,425,000 to buy the asset which was completed in 1990 on 1.6 acres set along Chelsmford Street, aka Route 110, a visible location near the juncture of Interstate 495 at Exit 34.

BUYER: 361 Realty, managed by Joseph T. Bono and Warren L. Mustacchio SELLER: Janice N. Siciliano, trustee of Nedia TR PRICE/ADD: $3,800,000; 357 Hanover St., Boston MTG: $2,850,000 from Everett Cooperative Bank NOTES: Mixed-use property, constructed 1900, renovated 2000; building size is 4,475 sf, lot size is 1,000 sf; last sold in July 1995 for $438,000 MTG: $3,300,000 from Greystone Servicing Corp. ADD: 48-50 Babcock St., Brookline BWR: Nora II LLC,, managed by Anwar Faisal MTG: $3,102,000 from Nationwide Life Insurance Co. ADD: 1 Enterprise Rd., Billerica BWR: Atlantic-Enterprise Realty LLC, managed by David A. Capobianco MTG: $3,010,000 from Bank of Canton ADD: 108-114 California Ave., Quincy BWR: Galvin Residential Holdings LLC, managed by Sean W. Galvin BUYER: 13 Plymouth LLC, managed by Mario Ricciardelli SELLER: Adelia M. Pinheiro and Jose M. Pinheiro PRICE/ADD: $2,900,000; 11-11A-13 Plymouth St., Cambridge MTG: $3,000,000 from East Boston Savings Bank NOTES: Multifamily property, constructed 1910; building size is 5,325 sf, lot size is 3,150 sf; six units; last sold in Oct. 1985 for $195,000

MTG: $2,591,000 from Greystone Servicing Corp. ADD: 1232 Beacon St., Brookline BWR: Nora LLC, managed by Anwar Faisal BUYER: 533 East Second Street LLC, managed by Michael J. Froio-Moore SELLER: Frank E. Sorrenti Jr. and Gail P. Sorrenti PRICE/ADD: $2,200,000; 531-533 East Second St., South Boston NOTES: Industrial property, constructed 1930; building size is 5,600 sf, lot size is 3,525 sf; last sold for $82,000 in Dec. 1986 MTG: $2,150,000 from Raymond C. Green Funding LLC ADD: 3 Aspinwall Rd., 51 Hutchings St. and 47 Sargent St., Boston BWR: Shanti Acquisition LLC, managed by Solmon Chowdhury MTG: $2,150,000 from Raymond C. Green Funding LLC ADD: 37 Moreland St., U-3, Boston BWR: Rokeya Begum MTG: $2,000,000 from Dedham Institution for Savings ADD: 111 Fuller St., Boston, 139 Cottage St., East Boston, 656 Adams St., U-1 and U-2, 12 York St., Dorchester BWR: Lincoln Real Estate Investment and Management LLC, managed by Brian Anderson continued on page 22


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THE REAL REPORTER

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Commercial Deals

MILLION DOLLAR MORTGAGES/SALES APRIL 24 - MAY 19, 2017 continued from page 21 MTG: $1,962,000 from Greystone Servicing Corp. ADD: 6 Wait St., Roxbury BWR: Nora LLC, managed by Anwar Faisal BUYER: Lighthouse Group Properties LLC, managed by George Thomas Clay SELLER: Wilder Street Realty LLC, managed by Salvatore F. Valente PRICE/ADD: $1,794,000; 393 Wilder St., Units 1 to 17, Lowell MTG: $1,380,000 from Enterprise Bank & Trust Co. NOTES: Units in commercial condominium; units total 10,475 sf; units last sold in Oct. 1980 for $750,000 MTG: $1,675,000 from Wellesley Bank ADD: 85 Brainerd Rd., U-316, and 15 North Beacon St., U-704, Allston; and 60 Egmont St., U-2, 72 Egmont St., U-3; and 74 Egmont St., U-2, Brookline BWR: Kai Feung Realty LLC, managed by Anthony Tam MTG: $1,575,000 from Avidia Bank ADD: 33 Grant St, Milford; 164 Main St., Upton; and 35 Summer St., Westborough BWR: Rent Roll LLC, managed by John J. Greene BUYER: City of Woburn, mgd. by Scott Galvin, Mayor SELLER: Edward A. Hovsepian and Dean Kahr, trustees of H&K Realty TR PRICE/ADD: $1,500,000; 455-465 Main St. and 467-471 Main St., Woburn NOTES: Retail properties; 455-465 Main St. building size is 15,675 sf, lot size is 15,825 sf; 467-471 Main St. constructed 1979; building size is 4,475 sf, lot size is 4,350 sf; last sold in Oct. 2004 for $2,210,000

East Cambridge Savings Bank has stepped up with $1,120,300 in financing used for the $1,350,000 purchase of a 12-unit apartment building at 112-114 Shurtleff St. in Chelsea by Daniel Shaked of 112-114 Shurtleff LLC. Sellers Louis J. DiFronzo Jr., Carl W. Eberth and Franz J. Eberth of Barry Carr LLC had owned the three-story building since December 2012 when it could be had for $790,000. Located on a 3,050-sf lot within walking distance of Chelsea City Hall, the 6,200-sf brick structure was completed in 1990.

APRIL 28TH MTG: $25,500,000 from Digital Federal Credit Union ADD: 603 Concord Ave., Cambridge BWR: AbodeZ Acorn CW LLC, managed by Alexander Pushkarev and Pradip Tandon

BUYER: MK Marston Properties LLC, mgd. by Mei Zhou SELLER: 25 Marston Street Realty LLC, managed by Pedro M. Santz Altamira, Davor B. Kvaternik and Richard F. Sawyer PRICE/ADD: $1,065,000; 25 Marston St., Units 305, 401 and 405, Lawrence NOTES: Industrial condominium; U-305 size is 1,325 sf; U-401 size is 1,700 sf; U-405 size is 1,375 sf; sellers’ ownership in units dates to Dec. 2011

MTG: $21,430,100 from Red Capital Partners LLC ADD: 15 Upland Gardens Dr., Worcester BWR: Autumn Woods LP., managed by Jeffrey N. Spear, president

MTG: $1,000,000 from Dedham Institution for Savings ADD: 226 Clark Ave., Chelsea; 12 Elwyn Rd., 30 Harold St., U-2, Dorchester; and 842-844 Canterbury St., Roslindale BWR: Neponset Investments LLC, managed by Brian Anderson

BUYER: Town & Country Kingston Estates Cooperative Corp., managed by Joseph Mauriello, president; Mary L. Hayes, treasurer SELLER: Priscilla J. Pinto and Linda M. Benea, fka Linda M. Sargent PRICE/ADD: $6,200,000; 216 Summer St., Kingston MTG: $7,227,000 from Resident Ownership Capital LLC NOTES: Multifamily property; mobile home park; lot size is 96 acres; sellers’ ownership in property dates to Oct. 1982

BUYER: Milton Street Investors LLC, managed by Jeffrey Russell Glew and David Gray Mackay SELLER: Allan Praught PRICE/ADD: $1,000,000; 60-70 Milton St., Dedham MTG: $920,000 from Main Street Bank NOTES: Industrial property, constructed 1960; building size is 14,925 sf, lot size is 12,450 sf; last sold for $135,000 in July 1977

MTG: $13,000,000 from Needham Bank ADD: 446 Belgrade Ave., West Roxbury BWR: Belgrade Place LLC, managed by Michael Barsamian

MTG: $6,000,000 from Eastern Bank ADD: 87-97 Boston Tpk., Shrewsbury BWR: Forecast Shrewsbury LP, managed by Joshua W. Katzen, president

MTG: $4,500,000 from Hingham Institution for Savings ADD: 388 Adams St., 1 Annapolis St., 845 Blue Hill Ave., 35 Fessenden St., 237, 417 and 519-521 Geneva Ave., 38 Julian St., 30 Nazing St., 149 Pleasant St., 51 Wainwright St. and 42 Wayland St., Boston BWR: First Suffolk LLC, managed by Vu Cuong and Be Thi Pham MTG: $3,000,000 from First Republic Bank ADD: 70-72 Joy St., Boston BWR: Donato F. Pizzuti BUYER: Gotland Holdings LLC, managed by Matthew J. Morgan SELLER: Calcite LLC, c/o Dr. Gerald Chan PRICE/ADD: $2,250,000; 76-78 Perkins St., Somerville MTG: $1,625,000 from Beverly Bank NOTES: Multifamily property, constructed 1900; building size is 8,700 sf, lot size is 7,400 sf; six units; last sold for $1,544,685 in Aug. 2013 MTG: $2,164,000 from TD Bank ADD: 427 Main St., Worcester BWR: J&M Batista Family LP, managed by John C. Batista, president and treasurer MTG: $2,080,000 from Cambridge Trust Co. ADD: 311-323 Massachusetts Ave., Cambridge BWR: Kabocha LLC, managed by Allan Caggiano continued on page 23


THE REAL REPORTER

June 21, 2017

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Commercial Deals

MILLION DOLLAR MORTGAGES/SALES APRIL 24 - MAY 19, 2017 continued from page 22 MTG: $1,500,000 from Citizens Bank ADD: 581-587 Columbus Ave., and 433-435 Massachusetts Ave., Boston BWR: Leo Papile, trustee of 433 Mass Ave Realty TR BUYER: Wareham Investment Group LLC, managed by Steven Rayl and Jane Rothenberg-Simmons SELLER: Carol J. Adelman and Barbara E. Scarcella PRICE/ADD: $1,400,000; 352 Commercial St., Provincetown MTG: $725,000 from Salem Five Cents Savings Bank NOTES: Mixed-use property, constructed 1900; building size is 3,950 sf, lot size is 4,300 sf; last sold in Jan. 1999 for $618,000 MTG: $1,200,000 and $1,300,000 from Norwood Cooperative Bank ADD: Stonebrook Court, Southborough BWR: William Depietri, trustee of The Absolut Realty TR BUYER: Won-Buddhism of Boston, managed by Youngju Kim, president; Hyangja Park, treasurer SELLER: Mildred Nahabedian, trustee of Nahabedian (Calif) Nominee TR PRICE/ADD: $1,295,000; 30 California St., Watertown NOTES: Office property, constructed 1970; building size is 3,600 sf, lot size is 10,025 sf; last sold in June 1982 for $70,000 BUYER: William Kelly Square LLC, managed by Aidan G. Feeney and Brendan M. Feeney SELLER: Anthony Zimbone and John Zimbone, trustees of Zimbone Realty TR PRICE/ADD: $1,050,000; 69 Tenean St., Dorchester MTG: $600,000 from FPM LLC NOTES: Industrial property, constructed 1950, renovated 2004; building size is 8,150 sf, lot size is 18,325 sf; sellers’ family ownership in property dates to Nov. 1976

APRIL 27th BUYER: 35 Comm Ave Associates LLC, managed by John R. Barkan SELLER: Craig F. Pfannenstiehl and Frederick G. Pfannenstiehl PRICE/ADD: $12,000,000; 35 Commonwealth Ave., Boston MTG: $14,350,000 from First Republic Bank NOTES: Office property, constructed 1899, renovated 2010; building size is 7,325 sf, lot size is 3,475 sf; last sold in Jan. 1988 for $1,500,000 BUYER: 777 Partners LP, managed by Douglas Jordan SELLER: Stephen T. Williams PRICE/ADD: $6,250,000; 777 North Shore Rd., aka 755 North Shore Rd., Revere MTG: $5,000,000 from Eastern Bank NOTES: Industrial property and parking lots; building constructed 1970; building size is 30,925 sf, lot size is 2.2 acres; seller’s ownership in property dates to Feb. 1986

Somebody at Sunnyview Education LLC must have had a way with math, or so it would seem following the $11,000,000 sale of an academic property in Lexington to Lexington Christian Academy Inc., their deal more than double the $4,500,000 265 Lowell St. last went for in November 2012. Son Hui Kim is manager of Sunnyview Education LLC, whilie James M. Bolton is president and Gerald Moore treasurer of Lexington Christian Academy Inc. The all-cash purchase encmpasses 42,000 sf in the building which dates to 1990. It is located on a six-acre campus along Route 2A (Lowell Street) near the Arlington border and Route 2.

MTG: $5,500,000 from Digital Federal Credit Union ADD: 115 Lexington St., aka 9-11 Lexington Ter. and 8-14, 18-20, 22-24 and 26-28 Lexington Ter., Waltham BWR: Allston Village LLC, managed by Marc Resnick and Perry D. Stolberg BUYER: Washburn House LLC, managed by Timothy A. Rassias SELLER: 1398 Main Street LLC, managed by Mark J. Aaronson PRICE/ADD: $600,000; 1398 Main St., Worcester MTG: $1,480,000 from Millbury Savings Bank NOTES: Nursing home, constructed 1972; building size is 15,875 sf, lot size is 32,300 sf; last sold in Aug. 2014 for $300,000 MTG: $1,480,000 from Millbury Savings Bank ADD: 1183 Main St., Worcester BWR: Washburn House LLC, managed by Timothy A. Rassias BUYER: 104 Sturbridge Road LLC, managed by James V. McKay, Jr. and Robert M. McGee, Jr SELLER: Cosenzi Automotive Realty LP, managed by Carla J. Zayac fka Carla J. Cosenzi, president PRICE/ADD: $1,000,000; 104 Sturbridge Rd., Charlton NOTES: Retail property, constructed 1997; building size is 12,175 sf, lot size is 4.1 acres; auto dealership; last sold for $1,200,000 in Dec. 2004

APRIL 26TH BUYER: TRPF 201 Newbury Street LLC, managed by TH Real Estate, fka TIAA SELLER: 201 Newbury – Prince LLC, managed by John Francis Conley and Robert William McNamara, Jr. PRICE/ADD: $75,000,000; 201 Newbury St., Boston NOTES: Retail condominium; unit size is 24,700 sf; unit last sold in Jan. 2007 for $42,625,000 MTG: $4,136,944 from TD Bank ADD: 340 Maple St., Marlborough BWR: J C Marlborough Realty LLC, managed by James H. Hickey MTG: $4,000,000 from Wells Fargo Bank ADD: 394 Pleasant St., Chatham BWR: TAG Tides LLC, managed by Marcia S. Alevizos, Peter J. Alevizos and Robert J. Alevizos MTG: $3,969,500 from East Boston Savings Bank ADD: Karen Road, Lots 1 and 2, Newton BWR: EBL Properties LLC, managed by Elizabeth Zagorianakos and Nicholas Zagorianakos MTG: $3,300,000 from Farm Credit East ADD: Wattaquodoc Hill Rd. and 58 West Berlin Rd., Bolton BWR: NVM Ltd., managed by Cynthia Rowe Pelletier, president and treasurer continued on page 24


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Commercial Deals

MILLION DOLLAR MORTGAGES/SALES APRIL 24 - MAY 19, 2017 continued from page 23 BUYER: West Main and Mount Pleasant LLC, managed by Kush Patel SELLER: Marlboro-Pleasant Realty Inc., managed by Philip J. Privitera, president and treasurer PRICE/ADD: $2,975,000; 160 West Main St., Marlborough MTG: $2,400,000 from Enterprise Bank & Trust Co. NOTES: Multifamily property, constructed 1963; building size is 9,075 sf, lot size is 19,600 sf; 12 units; last sold in Dec. 1986 for $1,725,000 BUYER: EBL Properties LLC, managed by Elizabeth Zagorianakos and Nicholas Zagorianakos SELLER: Alexander A. Argiros, trustee of Waban AMA Realty Ventures Nominee TR PRICE/ADD: $2,750,000; 1521 Beacon St., Parcel I nd Parcel II, Newton NOTES: Land parcels; lot size totals 39,075 sf; portion of property seller acquired in Dec. 2013 for $3,950,000 BUYER: 112-114 Shurtleff LLC, mgd. by Daniel Shaked SELLER: Barry Carr LLC, managed by Louis J. DiFronzo Jr., Carl W. Eberth 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; building size is 6,200 sf, lot size is 3,050 sf; 12 units; last sold in Dec. 2012 for $790,000 BUYER: C & J Main Street LLC, managed by De Ming Chen and Yi Mei Zheng, Quincy SELLER: Oweis Realty LLC, managed by Suhail Oweis PRICE/ADD: $1,072,500; 380-382 Main St., Wakefield MTG: $700,000 from Bank of Canton NOTES: Mixed-use property, constructed 1825; building size is 8,550 sf, lot size is 30,500 sf; last sold for $730,000 in June 2007

APRIL 25th

Belmont Savings Bank funding of $4,100,000 has enabled Prince Street Associates LLC and its manager James P. DeVellis tp buy 30 Prince St. in Danvers for $5,500,000 from Store Master Funding VII LLC, its manager Michael T. Bennett. The latter entity had held the single-story building that encompasses 42,975 sf since January 2015 when it was acquired for $5,100,000. The structure which was completed in 1974 is set on 5.6 acres near Exit 47 of Interstate 95, aka bustling Route 114.

NOTES: Industrial property, constructed 1997; building size is 238,000 sf, lot size is 15.1 acres; last sold in Jan. 2012 for $15,461,919, including mortgage assumption of $7,742,800

NOTES: Multifamily property, constructed 1880; building size is 5,275 sf, lot size is 5,475 sf; five units; seller acquired property with William E. Stanton in Nov. 1976 for $65,000

BUYER: Perry BAC Shipyard LLC, c/o A.W. Perry Co., managed by William G. Constable and James S. Hughes SELLER: Samuels & Associates Hingham Moorings LLC, c/o Samuels & Associates PRICE/ADD: $9,200,000; 10 Shipyard Dr., Lot P11-3, Hingham MTG: $35,680,350 from Salem Five Cents SB NOTES: Land parcel; portion of property seller acquired in Nov. 2008

APRIL 24TH

BUYER: Atlantic-Revere Realty LLC, c/o Atlantic Management Corp., managed by David A. Capobianco, Irene T. Gruber, James L. Vitas III and Joseph L. Zink SELLER: Necco Realty MA I LLC, Necco Realty MA II LLC and Necco Realty MA III LLC, c/o American Capital Strategies Ltd., Chevy Chase MD, managed by Michael McGee, CEO PRICE/ADD: $1,091,480, $1,637,220, and $51,845,300; 101 and 135 American Legion Hwy., Revere MTG: $69,600,000 from Loancore Capital Credit REIT LLC NOTES: Industrial properties and land parcels; building size is 816,000 sf, lot size is 29.1 acres; last sold in Dec. 2007 for $14,967,701

BUYER: LNL Hospitality LLC, managed by Parlin Desai SELLER: Colonial Motel Inc., managed by Anthony Fantaroni, president and treasurer PRICE/ADD: $5,775,000; 215 Charlton Rd., Route 20, Sturbridge MTG: $1,408,000 and $3,525,000 from Savers Cooperative Bank NOTES: Mixed-use properties; first building a hotel property, constructed 1999; building size is 39,575 sf, lot size is 8.1 acres; 67 units; second building a motel property, constructed 1983; building size is 3,575 sf; 10 units; third building a restaurant, constructed 2000; building size is 10,150 sf; fourth building a retail property, constructed 2000; building size is 3,575 sf; portion of property seller acquired in June 1967

BUYER: HS9 Devens Property Owner LLC, managed by Silas Nary SELLER: NIP Owner II LLC, c/o Hackman Capital Partners PRICE/ADD: $15,250,000; 50 Independence Dr., Ayer

BUYER: 34 Park Newton LLC, mgd. by Mitchel Bernstein SELLER: Judith Stanton PRICE/ADD: $1,250,000; 34 Park St., Newton MTG: $1,757,500 from Cambridge Savings Bank

BUYER: HS 148SST LLC, managed by Arthur Susskind SELLER: 148 State Street L.P., managed by William S. Mosakowski PRICE/ADD: $41,000,000; 148 State St., Boston MTG: $26,650,000 from Blue Hills Bank NOTES: Office property, constructed 1899, renovated 2010; building size is 62,250 sf, lot size is 5,650 sf; last sold in Feb. 2000 for $11,180,000 MTG: $32,500,000 from The Variable Annuity Life Insurance Co. and American Home Assurance Co. ADD: 35 Beharrell St. and 13B Commercial St., Concord BWR: Brookside Square Owner LLC, managed by Nicholas Boynton, Peter Caro and Arthur Klipfel III MTG: $4,700,000 from Bank of America ADD: 236 Cedar St. and 126 Pearl St., Somerville BWR: Chiron-Mass 2 LLC, mgd. by Romie Chaudhari MTG: $4,700,000 from Bank of America ADD: 38 Cary Ave., Boston BWR: Chiron-Mass 2 LLC, mgd. by Romie Chaudhari BUYER: Popjoy LLC, managed by Abhimanyu Sama SELLER: Abigail Properties LLC, managed by Alan Sharaf PRICE/ADD: $2,612,500; 142 Centre St., aka 140 Marcella St., Roxbury MTG: $1,933,000 from TD Bank continued on page 25


THE REAL REPORTER

June 21, 2017

25

Commercial Deals

MILLION DOLLAR MORTGAGES/SALES APRIL 24 - MAY 19, 2017 continued from page 24 NOTES: Multifamily property, constructed 1900, renovated 1980; building size is 5,200 sf, lot size is 2,625 sf; four- to six units; last sold in March 2013 for $500,000 BUYER: Torrington Venture One LLC, managed by Joseph P. Bisognano III, president and treasurer SELLER: Erica S. Braude and Michael C. Stone PRICE/ADD: $2,500,000; 775 Tremont St., Boston MTG: $1,950,000 from Mechanics Cooperative Bank NOTES: Multifamily property, constructed 1899, renovated 2003; building size is 2,675 sf, lot size is 1,600 sf; four- to six units; last sold in Feb. 1995 for $100,000 MTG: $2,250,000 from Middlesex Federal Savings ADD: 333-335 Broadway and 4 and 8 Langmaid Ave., Somerville BWR: Anthony K. Paone, Jr., trustee of A&P Realty & Development Trust of Winchester MTG: $2,175,780 from East Boston Savings Bank ADD: Lots 10, 11, 12 and 13 Edward Dr., Littleton BWR: Seal Harbor LLC, managed by Mark Gallagher

A mixed-use building that stands above its competition in downtown Wakefield has traded for seven figures, as C&J Main Street LLC buys 380-382 Main St. for $1,072,500 from Owens Realty LLC, that group managed by Suhail Owens having paid $730,000 in June 2007 for the historic building that was completed in 1825. De Ming Chen and Yi Mei Zheng are managers of C&W Main Street LLC. For their acquisition which was financed by $700,000 from Bank of Canton, they get an 8,550-sf structure located on 30,500 sf of land.

MTG: $2,100,000 from Eastern Bank ADD: 26 Seyon St., Waltham BWR: Watertown Ford Service LLC, managed by Ralph K. Melkonian

MTG: $1,757,500 from Cambridge Savings Bank ADD: 34 Park St., Newton BWR: 34 Park Newton LLC, mgd. by Mitchel Bernstein

MTG: $2,100,000 from Eastern Bank ADD: 625 Pleasant St., Watertown BWR: Watertown Ford Service LLC, managed by Ralph K. Melkonian

MTG: $1,500,000 from Rockland Trust Co. ADD: 65 Glen Rd., Jamaica Plain, 5 G St., South Boston and 62 Church St., Waltham BWR: Middlesex Human Service Agency Inc.

KBS Hub Deal

space, of which 8.2 percent is vacant compared to 10.6 percent in the B realm. Besides the healthy market metrics, HFF also credits KBS for its sponsorship at 50 Congress St., which while perhaps brief, has left its new stewards a tenant roster five dozen strong and filling 90 percent of the space, denizens including financial services companies, law firms and private equity and retail outfits with 20 percent of the tenants in occupancy for over 12 years. “Fifty Congress Street provides an excellent canvas to create an upscale and inviting feel while restoring many of the historic features,” JCM principal Jay O. Hirsh says in a press statement following the purchase which as the prior Real Reporter article outlined is the company’s inaugural foray into Boston after assembling a portfolio across the suburban landscape now eclipsing two million sf. Despite being focused outside down-

CONTINUED FROM PAGE 14

drews, Jaques & Rantoul as headquarters for State Mutual Life Insurance, it has endured through the years and now is among a cadre of downtown office product—Class B—enjoying a revival of its own thanks to a flock of new age tenants who like the location but are eschewing the Exchange Places of the world in favor of lower-rise options, with researchers including Transwestern Consulting Group reporting the gap between first class and Class B rents is at a record low. In its Q1 2017 review, TCG puts the average asking rent for Class B at $44.01 per sf, a 5.2 percent increase from Q1 2016 whereas the Class A average of $53.67 per sf reflects a 2.9 percent rise in that period. The review covers 9.3 million sf of Class B product downtown and 26.8 million sf of Class A

MTG: $1,035,000 from Salem Five Mortgage Co. ADD: 381 Highland Ave., Somerville BWR: Mark J. Silva MTG: $1,000,000 from Citizens Bank ADD: 2 Altieri Court, Milford BWR: Community Resources for Justice Inc. town, Hirsh is familiar with the beat from his time working at New Boston Fund, which was located mere blocks away at 60 State St. Founded in 2009, JCM leadership which includes Howard Hirsh has already moved past three million sf managed regionally and has more than 30 employees. Their heavyweight partner is a division of Guggenheim Partners launched in 2002 which manages $1.5 billion of client assets across a wide spectrum of product types, their CRE investments now at 9.1 million sf. Celebrating its 25th annivesary this year, HFF’s client in the 50 Congress St. exclusive had by the beginning of this year risen among the top 10 largest owners globally of office space, and the entity founded by Peter Bren and Charles J. Schreiber Jr. also has vast holdings in the industrial, multifamily and retail sectors. The national platform has had a long history of activity in Greater Boston. n

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THE REAL REPORTER

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Residential Deals

MILLION DOLLAR MORTGAGES/SALES JANUARY 3 - JANUARY 13, 2017

JAN 13th BUYER: David L. Swift and Martha H. Swift SELLER: Katherine McDonald and Timothy McDonald PRICE/ADD: $6,150,000; 39 Coolidge Point Ave., Manchester-by-the-Sea MTG: $3,900,000 from Goldman Sachs Bank NOTES: Single-family Colonial, const. 1999; house size is 9,525 sf, lot size is 1.6 acres; six bedrooms and six baths; last sold in March 2000 for $4,100,000 MTG: $3,000,000 from JPMorgan Chase Bank ADD: 39 Planting Field Way, Edgartown BWR: Mary M. Hasten and Brien M. O’Brien BUYER: Barbara Meissner & Herman Cody Meissner SELLER: Catherine E. Tobin and James R. Tobin PRICE/ADD: $1,850,000; 6 Gambrill Ln., U-6, Weston MTG: $1,850,000 from First Republic Bank NOTES: Unit in low-rise Highland Meadows condominium; unit size is 2,325 sf; three bedrooms and one bath; Unit last sold in July 2011 for $1,793,814.83; Declaration of Homestead BUYER: Brett Witherell and Colleen Witherell SELLER: Betty A. Strader and Frederick M. Strader PRICE/ADD: $1,649,000; 8 Haywood Farm, Lynnfield MTG: $1,319,200 from Mortgage Financial NOTES: Single-family Colonial, constructed 2009; house size is 4,550 sf, lot size is 41,000 sf; four bedrooms and four baths; last sold for $639,000 in Sept. 2008 BUYER: David Feygin and Tamara Feygin SELLER: 76 Brookline Street LLC, managed by Aleksandra Verbiyan PRICE/ADD: $1,585,000; 76 Brookline St., Needham MTG: $1,200,000 from Baxter Credit Union NOTES: Single-family property, constructed 2016; house size is 6,250 sf; lot size is 10,025 sf; six bedrooms and 5.5 baths; last sold in March 2015 for $640,000; Declaration of Homestead BUYER: Christopher J. Verni and Lauren F. Verni SELLER: Meredith L. Lawrence PRICE/ADD: $1,533,000; 15 Old Farm Rd., Dover MTG: $1,226,400 from Citibank NOTES: Single-family property, constructed 2004; house size is 4,450 sf, lot size is one acre; four bedrooms and 3.5 baths; last sold in Aug. 2011 for $1,115,000; Declaration of Homestead

A Citibank loan to Christopher J. Verni and Lauren F. Verni contributed to their $1,533,000 purchase of 15 Old Farm Rd. in Dover from Meredith L. Lawrence, owner since paying $1,115,000 in August 2011. Fifteen Old Farm Rd. is a single-family Colonial set on one acre, with features of the 4,450-sf residence including four bedrooms and 3.5 baths.

MTG: $1,199,200 from Winter Hill Bank NOTES: Three-family propery, constructed 1903; building size is 3,925 sf, lot size is 4,000 sf; last sold in Jan. 1971 for $26,500 BUYER: 51 Central Development 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; building size is 4,250 sf, lot size is 4,900 sf; last sold in Sept. 2008 for $560,000 BUYER: Yongguang Ma and Jing Wang SELLER: NRHS Development LLC, mgd. by Debra Johar PRICE/ADD: $1,323,888; 20 Gormley Way,, Carlisle MTG: $283,000 and $417,000 from Patriot Community Bank NOTES: Single-family Colonial, constructed 2015; house size is 5,250 sf, lot size is 2.1 acres: six bedrooms and five baths; property last sold in Nov. 2014 for $430,000; Declaration of Homestead

BUYER: Charles Oakley Bracken & Joseph Oliver Bracken SELLER: Joseph L. Anderson and Sadako H. Anderson PRICE/ADD: $1,525,000; 6 Alton Ct., U-3, Brookline NOTES: New unit in three-unit condo; unit size is 700 sf; three bedrooms and two baths; sellers acquired property pre-conversion in Dec. 1977 for $74,500

BUYER: Michael A. Nargi and Kerri L. Picard SELLER: Maureen Lapham and Thomas Lapham PRICE/ADD: $1,300,000; 435 Shurtleff Rd., Eastham MTG: $950,000 from Cape Cod Five Cents Savings Bank NOTES: Single-family property, constructed 1942; house size is 1,025 sf, lot size is one acre: three bedrooms and 2.5 baths; last sold in Nov. 2016 for $1,400,000

BUYER: Luis Teixeira and Ofelia Teixeira SELLER: Michael Gentile and Elizabeth Shaughnessy PRICE/ADD: $1,499,000; 12 Palermo St., Cambridge

BUYER: Keith D. Bauer ad Sara M. Bauer SELLER: Project George LLC, mgd. by Todd Rotondi PRICE/ADD: $1,275,000; 131 High Rock St., Westwood

MTG: $825,000 from First Republic Bank NOTES: Single-family property, constructed 2016; house size is 4,075 sf, lot size is 1.1 acres; four bedrooms and 3.5 baths; property last sold in July 2015 for $465,000; Declaration of Homestead BUYER: John C. Gibson and Betty B. Lee SELLER: Larry H. Brill and Susan S. Brill PRICE/ADD: $1,250,000; 74 Brookside Ave., Newton MTG: $1,000,000 from Everbank NOTES: Single-family property, constructed 1897; house size is 3,175 sf, lot size is 12,175 sf; eight bedrooms and 2.5 baths; last sold in June 1989 for $380,000; Declaration of Homestead MTG: $1,237,000 and $1,500,000 from Wells Fargo Bank ADD: 117 Kuffies Point Way, Vineyard Haven BWR: Lloyd G. Trotter and Teri L. Trotter MTG: $1,200,000 from Mechanics Cooperative Bank ADD: 109 Moose Hill Pkwy, Sharon BWR: David Lee and Susan Lee BUYER: John M. Hickey and Wendy O. Hickey SELLER: Michael Hazen and Nicole Hazen PRICE/ADD: $1,195,000; 117 Sunrise Rd., Westwood MTG: $965,000 from Needham Bank NOTES: Single-family property, constructed 2011; house size is 4,375 sf, lot size is 19,075 sf; four bedrooms and three baths; last sold in June 2012 for $1,050,000; Declaration of Homestead BUYER: C. Patricia Fater and Marc C. Fater SELLER: Aurora Curran and Frederick J. Curran PRICE/ADD: $1,175,000; 380 Hollidge Hill Ln., Barnstable MTG: $900,000 from Citizens Bank continued on page 27


THE REAL REPORTER

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27

Residential Deals

MILLION DOLLAR MORTGAGES/SALES JANUARY 3 - JANUARY 13, 2017 continued from page 26 NOTES: Single-family property, constructed 1981; house size is 2,725 sf, lot size is 1.1 acres; four bedrooms and 3.5 baths; last sold in April 2012 for $875,000 BUYER: Carrie A. Bergeron and John P. Bergeron SELLER: Salvation Trust LLC, managed by Domenic Sebben, Jr. PRICE/ADD: $350,000; 227 Newtown Rd., fka 215225 Newtown Rd., Acton MTG: $1,120,000 from Webster Bank NOTES: Land parcel; lot size is 2.9 acres; portion of property donated in Jan. 2015 to seller MTG: $1,100,000 from Silicon Valley Bank ADD: 24 Ayer Ln., Harwich BWR: Wanita D. Kennedy and William J. Kennedy Jr. BUYER: Brian Jones and Michael Rocha SELLER: KPH Realty LLC, managed by Kevin P. Hurley PRICE/ADD: $1,065,000; 374 Sudbury Rd., Concord MTG: $361,750 from First Republic Bank NOTES: New unit in two-unit condominium; unit size is 2,750 sf; three bedrooms and 2.5 baths; last sold pre-conversion in Aug. 2015 for $1,489,125; Declaration of Homestead BUYER: Paul Michael Cavallaro, Erica Ashley Miller, Robert J. Miller and Sharon B. Miller SELLER: Fariba Abbasi and Michael J. Lagasse PRICE/ADD: $1,050,000; 32 Lexington Ave., U-2, Somerville MTG: $787,500 from Guaranteed Rate NOTES: New unit in two-unit condominium; unit size is 1,975 sf; three bedrooms and 2.5 baths; property last sold pre-conversion in June 2015 for $1,040,000; Declaration of Homestead BUYER: Shi Qiu and Hui Wang SELLER: Hemingway Eighty Seven LLC, managed by John B. Cortizas and Kurt D. Miller PRICE/ADD: $1,049,000; 87 Hemingway St., U-1, Winchester MTG: $786,750 from Baxter Credit Union NOTES: New unit in two-unit condominium; unit size is 4,200 sf; four bedrooms and 3.5 baths; last sold pre-conversion in Nov. 2014 for $960,000; Declaration of Homestead BUYER: Carlyn E. Troupe and John R. Troupe SELLER: Joan M. Napolitano PRICE/ADD: $1,031,000; 48 Fords Crossing, Norwell MTG: $523,500 form PHH Home Loans NOTES: Single-family Colonial, constructed 1996; house size is 5,450 sf, lot size is 2.5 acres; five bedrooms and four baths; last sold in Dec. 1996 for $630,000; Declaration of Homestead MTG: $1,000,000 from Salem Five Mortgage ADD: 111 Flash Rd., Nahant BWR: Nancy J. Koury and Steffen F. Koury

First Republic Bank financing of $4,500,000 was used in the $6,500,000 sale of 201 Hyslop Rd. in Brookline to Michael P. McLeod. Dating to 1900, the imposing brick-faced residence has four bedrooms, seven baths and three half-baths and had been held by 201 Hyslop Road LLC since paying $1,800,000 in October 2014. Alex Bushoy and Alexander Zelfond are managers of that entity. The property is located on a 31,125-sf parcel in Brookline’s ultra-exclusive Fisher Hill neighborhood.

JAN 12th BUYER: Stephen Gatto SELLER: Doris Blazek-White PRICE/ADD: $2,425,000; 28 Aunt Edith’s Rd., Yarmouth MTG: $1,850,000 from Cape Cod Savings Bank NOTES: Single-family property, constructed 1965; house size is 2,500 sf, lot size is 36,600 sf; four bedrooms and 4.5 baths; seller inherited property in April 2003 BUYER: Debra Cammer Hines and Stephen A. Hines SELLER: Leah Popielarski, trustee of the 729 Jerusalem Realty TR PRICE/ADD: $2,425,000; 20 Ocean Ledge Dr., Cohasset MTG: $1,500,000 from Coastal Heritage Bank NOTES: Single-family Colonial, constructed 1920; house size is 6,525 sf, lot size is two acres; seven bedrooms and three baths; last sold in July 2014 for $2,160,000 BUYER: Joshua E. Harris SELLER: Lydia Bly Jett PRICE/ADD: $2,000,000; 28-30 Union Pk., U-2, Boston MTG: $1,600,000 from Wells Fargo Bank NOTES: Unit in low-rise condominium; unit size is 1,425 sf; two bedrooms and 1.5 baths; unit last sold in Feb. 2011 for $1,289,000; Declaration of Homestead BUYER: Jennifer Corkery and Timothy Corkery SELLER: FAK LLC, managed by Fernando Sardinha PRICE/ADD: $1,750,000; 199 Fair Oaks Park, fka 154 Dedham Ave., Needham MTG: $1,400,000 from Mortgage Master

NOTES: Single-family property, constructed 2016; house size is 4,650 sf, lot size is 17,625 sf; four bedrooms and 4.5 baths; last sold in June 2015 for $735,000; Declaration of Homestead MTG: $1,641,500 from First Republic Bank ADD: 593 Tremon St., U-1, Boston BWR: Jared B. Olivenstein and Sarah E. Olivenstein BUYER: Janak B. Joshi and Sonal V. Mankodi SELLER: Helen E.R. Sayles PRICE/ADD: $1,520,000; 316 Beacon St., U-B1, Boston MTG: $1,140,000 from Guaranteed Rate NOTES: Unit in low-rise condominium; unit size is 1,325 sf; two bedrooms and two baths; unit last sold in Aug. 2006 for $775,000; Declaration of Homestead BUYER: David Kim and Grace Kim SELLER: 22-24 River Ave LLC, mgd. by Edward Shifman III PRICE/ADD: $1,325,000; 22-24 River Ave., U-24, Newton MTG: $1,060,000 from Citizens Bank NOTES: New unit in two-unit condo; unit size is 4,225 sf; five bedrooms and four baths and two half-baths; property last sold pre-conversion in Aug. 2013 for $350,000 BUYER: Paul Richardson SELLER: Robert D. Rich and Suzanne R. Rich PRICE/ADD: $1,300,000; 4 Alesworth Ave., Winchester MTG: $1,040,000 from Northmark Bank NOTES: Single-fam.Colonial, const. 1900; house size is 3,000 sf, lot size is 10,850 sf; five bdrms. and 2.5 baths; last sold in July 2009 for $940,000; Declaration of Homestead continued on page 28


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Residential Deals

MILLION DOLLAR MORTGAGES/SALES JANUARY 3 - JANUARY 13, 2017 continued from page 27 BUYER: Bruce N. Hayes and Sandra Kirshner SELLER: 756 E Fourth St., LLC, managed by John Collins PRICE/ADD: $1,300,000; 756 East Fourth St., U-2, South Boston MTG: $1,040,000 from Wells Fargo Bank NOTES: New unit in two-unit condo; unit size is 1,725 sf; three bedrooms and three baths; seller acquired property pre-conversion in Aug. 2014 for $650,000 BUYER: Kathleen J. Rose SELLER: David L. Wessel and Margarita Arroyave-Wessel PRICE/ADD: $1,275,000; 138 Bedford St., Concord NOTES: Single-family Colonial, constructed 2003; house size is 3,400 sf, lot size is 8,400 sf; five bedrooms and 3.5 baths; last sold in July 2004 for $1,200,000 BUYER: Neil Chheda and Prapti Mittal SELLER: Jeffrey J. Phillips, trustee of Madeline Realty TR PRICE/ADD: $1,240,000; 151 Tremont St., U-6F, Boston MTG: $868,000 from First Republic Bank NOTES: Unit in mid-rise Tremont on the Common condominium; unit size is 1,050 sf; two bedrooms and two baths; seller’s family acquired unit in May1983 for $78,500; Declaration of Homestead BUYER: Elizabeth Hare and John Neckes SELLER: Leigh A. Rosenorn and Peter C. Rosenorn PRICE/ADD: $1,137,000; 422 Highland Ave., Winchester MTG: $909,600 from Winchester Savings Bank NOTES: Single-family Colonial, constructed 1932; house size is 2,250 sf, lot size is 7,750 sf; three bedrooms and two baths; last sold in Oct. 2005 for $745,000; Declaration of Homestead BUYER: Robert Gendron and Cindi F. Haven SELLER: Howard E. Rose and Kathleen J. Rose PRICE/ADD: $1,100,000; 5 Vernon St., Newburyport MTG: $888,000 from Leader Bank NOTES: Unit in low-rise condominium; unit size is 2,520 sf; four bedrooms and 3.5 baths; unit last sold in Sept. 2010 for $1,030,000 BUYER: Benjamin M. Greene and Rachel G. Greene SELLER: H. Gail Gordon PRICE/ADD: $1,071,500; 128 Pleasant St., U-3, Brookline MTG: $779,000 from Mortgage Network NOTES: Unit in low-rise condominium; unit size is 2,000 sf; four bedrooms and 2.5 baths; unit last sold in October 1983 for $107,000; Declaration of Homestead BUYER: Ying Hu and Wen Shi SELLER: Caroline M. Ladd and Ralph V. Ladd PRICE/ADD: $1,070,000; 50 Prospect St., Wellesley MTG: $909,500 from JPMorgan Chase Bank NOTES: Single-family Colonial, constructed 2015; house size is 3,200 sf, lot size is 9,050 sf; four bedrooms, two baths and two half-baths; last sold in Nov. 2014 for $525,000; Declaration of Homestead

With backing from UBS Bank of $1,550,000, Jeb E. Keiper and Sonja A. Sharpe have purchased 9 Westgate Rd. in Wellesley from Suzanne S. Dillon for $2,550,000. The seller had bought 9 Westgate Rd. in Aug. 2002 for $2,400,000, that the same year the single-family Colonial was completed on a half-acre parcel close to Beaver Brook Reservation. The home features five bedrooms, four baths and two half-baths.

MTG: $1,029,097 from East Boston Savings Bank ADD: 20 Garden St., Danvers BWR: Crandall Realty LLC, mgd. by Jonathan Crandall MTG: $1,000,000 from Bank of America ADD: 158 West Canton St., Boston BWR: David A. Banta and Caroline E. Coggeshall

JAN 11th MTG: $3,750,000 from BOFI Federal Bank ADD: 1 Avery St., U-3A, Boston BWR: Alisa Realty LLC, managed by Ronald Alan Porter MTG: $3,347,500 from First Republic Bank ADD: 505 Tremont St., U-709 and U-710, Boston BWR: Alexandra DeLaite MTG: $1,600,000 from Santander Bank ADD: 111 Upper Main St., Edgartown BWR: John C. Hayes and Patricia M. Hayes BUYER: Eric W. Halverson and Samantha L. Halverson SELLER: James D. Berberian and Mariah L. Berberian PRICE/ADD: $1,465,000; 37 Andover Country Club Ln., Andover MTG: $1,465,000 from UBS Bank NOTES: Single-family property, constructed 1996; house size is 6,075 sf, lot size is 31,800 sf; four bedrooms, four baths and two half-baths; last sold in Oct. 2014 for $1,160,00 BUYER: Christopher R. Cowles and Tammi L. Reza SELLER: Kathleen K. Ho and Timothy O’Donnell PRICE/ADD: $1,414,125; 10 Wolcott Rd., Winchester

MTG: $1,202,006 from Fairway Independent Mortgage Corp. NOTES: Single-family property, constructed 1940; house size is 3,500 sf, lot size is 11,275 sf: four bedrooms and 3.5 baths; property last sold in Feb. 1998 for $365,000; Declaration of Homestead BUYER: Jonathan E. Book, trustee of 63 Black Oak Road Realty TR SELLER: Summa Development Corp., managed by Mario Alagna, president and treasurer PRICE/ADD: $1,385,000; 63 Black Oak Rd., Weston NOTES: Single-family, constructed 1963; house size is 3,475 sf, lot size is 1.5 acres; last sold in June 2016 for $1,300,000 BUYER: Richard Bello & Irinoulla Andrea Scordi-Bello SELLER: James F. Langway PRICE/ADD: $1,370,000; 212 Green St., Northborough MTG: $164,500 and $1,000,000 from Bank of Canton NOTES: Single-family property, constructed 2006; house size is 5,800 sf, lot size is 7.9 acres; four bedrooms and 4.5 baths; last sold in Feb. 2014 for $1,300,000; Declaration of Homestead BUYER: Agueda Semrad and Patrick J. Semrad SELLER: Richard D. Kasper PRICE/ADD: $1,350,000; 10 Skunks Neck Rd., Chatham MTG: $1,080,000 from Perl Mortgage NOTES: Single-family property, constructed 2003; house size is 3,900 sf, lot size is 40,475 sf; six bedrooms and 3.5 baths; seller acquired property in May 2002 for $425,000 continued on page 29


THE REAL REPORTER

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MILLION DOLLAR MORTGAGES/SALES JANUARY 3 - JANUARY 13, 2017 continued from page 28 MTG: $1,250,000 from National Grand Bank ADD: 7 Abbot View, Marblehead BWR: Brooks D. Wales and Lisa P. Wales BUYER: Robert Kirsch SELLER: Robert L. Couture PRICE/ADD: $1,175,000; 39 Loveland Rd., Webster MTG: $864,000 from Citizens Bank NOTES: Single-family property, constructed 1993; house size is 5,250 sf, lot size is 14,700 sf; five bedrooms and three baths; property last sold in May 1993 for $110,000; Declaration of Homestead BUYER: Tricia Azzarello and Peter L. Houston SELLER: Bryan Rafanelli and Mark E. Walsh PRICE/ADD: $1,170,000; 90 E Brookline St., Boston MTG: $650,000 from LoanDepot NOTES: Unit in low-rise condominium; unit size is 1,400 sf; two bedrooms and two baths; unit last sold in June 1999 for $379,000; Declaration of Homestead BUYER: John Kempen and Lori Kempen SELLER: Elizabeth Hare and Jon Neckes PRICE/ADD: $1,120,000; 4 Concord Ave., Charlestown MTG: $784,000 from PHH Home Loans NOTES: Single-family property, constructed 1850, renovated 2011; house size is 1,350 sf, lot size is 900 sf; last sold in Dec. 2013 for $790,000; Declaration of Homestead BUYER: Julia McNabb-Baltar and Quoc-Dien Trinh SELLER: Edward Shuman and Filomena Shuman PRICE/ADD: $1,065,000; 30 Country Rd., Brookline MTG: $947,850 from Citizens Bank NOTES: Single-family property, constructed 1955; house size is 2,400 sf, lot size is 7,500 sf; three bedrooms and two baths; last sold in June 1996 for $260,000; Declaration of Homestead MTG: $1,000,000 from LoanDepot ADD: 3 Seal Cove Ln., Hingham BWR: John Kelleher and Susan Kelleher

JAN 10th BUYER: Gil Zimmerman and Michael Zimmerman SELLER: 73 Levbert LLC, managed by Vladislav Vilkomir PRICE/ADD: $3,150,000; 73 Levbert Rd., Newton MTG: $1,500,000 from Morgan Stanley Private Bank NOTES: Single-family Colonial, constructed 2016; house size is 6,176 sf, lot size is 23,050 sf; five bedrooms and 6.5 baths; property last sold in Oct. 2015 for $1,125,000; Declaration of Homestead BUYER: 54 North Beach LLC, mgd. by Sandor Seidman SELLER: Andrew J. Ferrara and John A. McMullen PRICE/ADD: $2,490,000; 54B North Beach St., Nantucket NOTES: Single-family Colonial, constructed 1979; house size is 1,950 sf, lot size is 9,000 sf; four bedrooms and 3.5 baths; last sold in Jan. 2006 for $400,000

JPMorgan Chase Bank provided $980,000 in jumbo financing used for Anita Davison and James A. Davison to buy 79 Grove St. in Winchester from Star Developments LLC. That group’s manager, Rodrigo Serrano, in April 2014 paid $720,000 for the residence which dates to 1941 and then renovated the entire footprint and expanded it to 2,800 sf. The refreshed layout has four bedrooms and 3.5 baths in the single-family Colonial which is set on a 12,925-sf parcel near the edge of Upper Mystic Lake.

MTG: $2,300,000 from Bank of Arizona ADD: 121 Main St., Nantucket BWR: James W. Ikard and Page D. Ikard MTG: $2,000,000 from Boston Private B&T Co. ADD: 45 Commonwealth Ave., U-5, Boston BWR: Frederick C. Maynard III BUYER: David John Taylor-Smith and Peta Angela Taylor-Smith SELLER: 46 Pilgrim LLC, managed by John Derderian PRICE/ADD: $1,925,000; 46 Pilgrim Rd., Wellesley MTG: $495,000 from EverBank NOTES: Single-family Colonial, constructed 2016; house size is 4,600 sf, lot size is 10,025 sf: five bedrooms and 4.5 baths; property last sold in Dec. 2015 for $700,000; Declaration of Homestead BUYER: 580 Boston Holdings LLC, managed by Arturo Corona SELLER: Hongmei Li and Xiru Zhang PRICE/ADD: $1,750,000; 580 Washington St., U-901, Boston NOTES: Unit in high-rise condominium; unit size is 1,475 sf; three bedrooms and two baths; unit last sold in Feb. 2013 for $1,380,000 BUYER: Lisa Shapira and Yoav Shapira SELLER: Barkley Development LLC PRICE/ADD: $1,680,000; 36 Vernon St., U-1, Brookline MTG: $1,344,000 from Bank of America NOTES: New unit in two-unit condominium; unit size is 2,825 sf; three bedrooms and 2.5 baths; portion of property seller acquired pre-conversion in June 2014 for $1,650,000; Declaration of Homestead

BUYER: John D. Landy and Yasmin D. Landy SELLER: James C. Atkins Jr. and John J. Weltman PRICE/ADD: $1,672,500; 287 Hillside St., Milton MTG: $1,338,000 from LoanDepot NOTES: Single-family Colonial, constructed 1900; house size is 5,950 sf, lot size is 2.5 acres; last sold in Jan. 2004 for $1,500,000; Declaration of Homestead MTG: $1,640,000 from Wells Fargo Bank ADD: 27 Commercial St., Provincetown BWR: David Miller and Ryan Patrick Murphy BUYER: Allen Su and Diane W. Wong SELLER: Kelleher Carey Gray, Vernon C. Gray, and Vernon C. Gray, Jr. PRICE/ADD: $1,545,000; 29 Pembroke Rd., Weston MTG: $1,004,250 from First Republic Bank NOTES: Single-family Colonial, constructed 1935; house size is 3,250 sf, lot size is 16,225 sf; four bedrooms and 3.5 baths; last sold in June 2007 for $1,110,000; Declaration of Homestead MTG: $1,400,000 from First Republic Bank ADD: 146 Cliff Rd., Nantucket BWR: A. Silvana Giner MTG: $1,380,000 from NFC Mortgage Co. ADD: 56 Coburn Rd., Weston BWR: Dana Buchbinder and Marco Buchbinder MTG: $1,300,000 from Mortgage Network ADD: 65 Myopia Rd., Winchester BWR: Christine Whitney Allen and Robert Allen continued on page 30


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THE REAL REPORTER

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Residential Deals

MILLION DOLLAR MORTGAGES/SALES JANUARY 3 - JANUARY 13, 2017 continued from page 29 BUYER: Andrew Lui and Julia Lui SELLER: 22-24 River Ave., LLC, managed by Edward I. Shifman III PRICE/ADD: $1,300,000; 22 River Ave., U-22, Newton NOTES: New unit in two-unit condo; unit size is 4,225 sf; six bedrooms and 4.5 baths; seller acquired property in Aug. 2014 for $350,000; Declaration of Homestead BUYER: Gabriel Sunshine & Geraldine Acuna-Sunshine SELLER: Reagan Gray PRICE/ADD: $1,240,000; 115 Marlborough St., U-1, Boston NOTES: Unit in low-rise condo; unit size is 1,175 sf; two bedrooms and one bath; unit last sold in Aug. 2003 for $674,000 MTG: $1,233,000 from Lowell Five Cent Savings Bank ADD: 649 Bedford St., Concord BWR: Lynne M. Volz and Trevor J. Volz MTG: $1,212,000 from Bank of America ADD: 28 South St., Marion BWR: Christian A. Petrulio MTG: $1,200,000 from Seamen’s Bank ADD: 81 Shank Painter Rd., Units 3 and 4, Provincetown BWR: David Bedard, trustee of Budgie Nominee TR MTG: $1,200,000 from HarborOne Bank ADD: 32 Captain Wilson Ln., Carlisle BWR: Eric D. Miller and Hongmei Shang BUYER: 127 Hudson LLC, managed by Lauren Harder SELLER: Emma Bien-Aime PRICE/ADD: $1,190,000; 127 Hudson St., Somerville MTG: $1,330,640 from Leader Bank NOTES: Three-family property, constructed 1910: building size is 3,925 sf, lot size is 3,925 sf; last sold in Jan. 1990 for $291,250 MTG: $1,152,000 from Jeanne D’Arc Credit Union ADD: 2 Priscilla Ln., Westford BWR: Andrew Popelka Jr. and Sonia Popekla MTG: $125,000 and $1,100,000 from East Cambridge Savings Bank ADD: 193-195 Lexington Ave., Cambridge BWR: Cyndee Dermody Hoagland NOTES: Declaration of Homestead MTG: $1,100,000 from First Republic Bank ADD: 301-319 Columbus Ave., U-505, Boston BWR: Alice C. Ting and David T. Ting MTG: $1,080,000 from Bank of America ADD: 62 Cameron St., U-3, Brookline BWR: Arian Radmand MTG: $1,049,000 from Middlesex Savings Bank ADD: 20 Kesseler Way, Newton BWR: Jennifer B. Drucker MTG: $1,040,000 from Polish National Credit Union ADD: 20 Pemberton St., Cambridge BWR: Katherine H. Breen and William T. Cowen

Twenty Ocean Ledge Dr. in Cohasset has been sold for $2,425,000 by Leah Popielarski, trustee of the 729 Jerusalem Realty Trust. Dating to 1920, the single-family Colonial totaling 6,525 sf of space has seven bedrooms and three baths and is perched on a two-acre estate near Cohasset Golf Club. Buyers Debra Cammer Hines and Stephen A. Hines appropriately financed their purchase with a $1,500,000 loan from Coastal Heritage Bank.

BUYER: Almintas Povilaitis SELLER: John E. O’Brien and Susan J. O’Brien PRICE/ADD: $1,025,000; 14 Orchard Hill Dr., Westborough MTG: $615,000 from Salem Five Mortgage Co. NOTES: Single-family Colonial, constructed 2000; house size is 4,650 sf, lot size is 1.1 acres; four bedrooms and four baths; last sold in June 2001 for $845,762; Declaration of Homestead MTG: $1,000,000 from Century Bank & Trust Co. ADD: 58 Watch Hill Way, Chatham BWR: Stanley M. Mann, trustee of LSM Realty TR MTG: $1,000,000 from Mortgage Financial ADD: 184 Cherry St., Wenham BWR: Laurie M. Murray and S. John Murray MTG: $1,000,000 from LoanDepot ADD: 4 Fairfield Dr., Lexington BWR: Ana H. Flaster and Andrew D. Flaster

JAN 9th BUYER: Joseph T. Rubinstein, trustee of 191 Commonwealth Avenue Nominee TR SELLER: Charles H. Watts III, Personal Representative of The Estate Of Patricia M. Watts PRICE/ADD: $5,550,000; 191 Commonwealth Ave., Units 41 and 42, Boston NOTES: Pair of units in mid-rise condominium; U-41 size is 3,125 sf; three bedrooms and two baths; U-42 acquired in May 1990 for $1,050,000; U-42 size is 1,750 sf; two bedrooms and two baths; U-42 acquired in April 1994 for $610,000

BUYER: Claudia J.B. Porto Coelho and Rogerio Vivaldi Coelho SELLER: 451 Marlborough Street LLC, managed by John Holland, Joseph Holland and Paul Holland PRICE/ADD: $3,799,000; 451 Marlborough St., U-PH4, Boston MTG: $1,500,000 from Bank of America NOTES: New unit in low-rise condominium; unit size is 2,075 sf; three bedrooms and 3.5 baths; portion of portfolio seller acquired pre-conversion in Nov. 2010 for $13,875,000; Declaration of Homestead MTG: $2,110,000 from Boston Private B&T Co. ADD: 195 Brattle St., Cambridge BWR: Jan U. Ferrara and Joseph V. Ferrara MTG: $2,250,000 from First Republic Bank ADD: 3 Winter St., Nantucket BWR: 3 Winter Street LLC, mgd. by Morgan Jess Lipsey BUYER: Abdulla Al-Saleh and Mohammed Al-Saleh SELLER: Ingrid Chung PRICE/ADD: $2,006,000; One Charles Street South, U-1604, Boston NOTES: Unit in high-rise condominium; unit size is 1,450 sf; two bedrooms and three baths; unit last sold in Dec. 2012 for $1,415,000; Declaration of Homestead BUYER: Taghrid Abdel-aziz and Khaled Sorour SELLER: Marianne Temkin PRICE/ADD: $1,967,500; 15 Little Boot Ln., Westwood MTG: $1,568,000 from Bank of America continued on page 31


THE REAL REPORTER

June 21, 2017

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MILLION DOLLAR MORTGAGES/SALES JANUARY 3 - JANUARY 13, 2017 continued from page 30 NOTES: Mansion, constructed 2005; house sizes is 6,700 sf, lot size is 1.1 acres; six bedrooms and 5.5 baths; seller’s family acquired property in Jan. 2005 for $750,000; Declaration of Homestead BUYER: Samuel E. Chamovitz SELLER: David Poltack and Rupal Poltack PRICE/ADD: $1,950,000; 47-49 Hancock St., U-47-2, Boston MTG: $1,400,000 from Boston Private B&T Co. NOTES: Unit in low-rise condominium; unit size is 1,850 sf; one bedroom, two baths and one half-bath; unit last sold in Dec. 2007 for $1,308,000; Declaration of Homestead BUYER: 115 Washington Street Extension LLC, managed by Peter Bradley Guidi and Alfred Terry Sanford SELLER: Larry Gulley and Priscilla Gulley PRICE/ADD: $1,850,000; 115 Washington St., Nantucket MTG: $1,480,000 from Blue Hills Bank NOTES: Single-family properties; first building constructed 1950; house size is 1,500 sf; four bedrooms and one bath, lot size is 11,000 sf; second building constructed 1955; house size is 700 sf; two bedrooms and one bath; third building constructed 1950; house size is 475 sf; two bedrooms and one bath; fourth building constructed 1950; house size is 325 sf; one bedroom and one bath; last sold in June 1985 for $84,000 BUYER: Kara Sandler SELLER: Brian S. Chang and Angie Khaw PRICE/ADD: $1,700,000; 1672R Washington St., U-TH1, Boston MTG: $1,360,000 from TD Bank NOTES: Unit in low-rise condo; unit size is 1,525 sf; two bedrooms and 2.5 baths; unit last sold in Dec. 2013 for $1,295,000; Declaration of Homestead BUYER: Leslie K. Williams and Richard Q. Williams SELLER: Francis D. Murphy and Karym E. Murphy PRICE/ADD: $1,700,000; 33 Mt. Vernon St., Charlestown MTG: $1,275,000 from First Republic Bank NOTES: Single-family property, constructed 1860, renovated 2005; house size is 3,050 sf, lot size is 1,750 sf; three bedrooms and 2.5 baths; last sold in Aug. 1996 for $460,000 BUYER: Christopher Tarantino and Trisha M. Tarantino SELLER: Michelle Graham and Paul Graham PRICE/ADD: $1,575,000; 14 Cortland Ln., Sudbury MTG: $1,075,000 from LoanDepot NOTES: Single-family Colonial, constructed 2001; house size is 4,475 sf, lot size is one acre; four bedrooms and 4.5 baths; last sold in Dec. 2014 for $1,449,000; Declaration of Homestead BUYER: W. Scott Tregoning SELLER: Gregory M. Cogan and Michael J. Lack PRICE/ADD: $1,460,000; 280 Pond St., Weymouth

A freshly minted single-family Colonial at 46 Pilgrim Rd. in Wellesley has brought $1,925,000 in its sale to David John Taylor-Smith and Peta Angela Taylor-Smith by 46 Pilgrim LLC, an entity managed by John B. Derderian which had acquired the quarter-acre lot in Dec. 2017 for $700,000. EverBank financed the Taylor-Smith purchase with a $495,000 mortgage secured by the 4,600-sf residence which has five bedrooms and 4.5 baths.

NOTES: Single-family Colonial, constructed 2014; house size is 3,825 sf, lot size is three bedrooms and 3.5 baths; sellers inherited property in Aug. 2011; Declaration of Homestead MTG: $1,400,000 from County Mortgage ADD: 12 Ocean Pines Dr., Bourne BWR: Eastern Sky LLC, managed by Brian Hebb BUYER: Meghan Peachey SELLER: Margaret M. Johnston and Thomas W. Gotsill PRICE/ADD: $1,325,000; 40 Isabella St., U-4W, Boston MTG: $993,750 from LoanDepot NOTES: Unit in low-rise condominium; unit size is 1,300 sf; two bedrooms and two baths; unit last sold in June 2015 for $1,250,000; Declaration of Homestead BUYER: Brian R. Day and Jill C. Day SELLER: Julie Riven Jaye PRICE/ADD: $1,275,000; 22 Eel River Rd., Osterville MTG: $1,020,000 from Boston Private B&T Co. NOTES: Single-family Cape, constructed 1948; house size is 2,475 sf, lot size is 20,050 sf; four bedrooms and four baths; last sold in Dec. 2005 for $1,285,000; Declaration of Homestead BUYER: Caroline Brownworth & Loren Anders Brownworth SELLER: Ashley Delahunty and Patrick Delahunty PRICE/ADD: $1,260,000; 3 Windemere Rd., fka 28 Windemere Rd., Wellesley MTG: $953,000 from Bank of America NOTES: last sold in Oct. 1997 for $611,225; Declaration of Homestead BUYER: Jane Wang and Yulin Wang SELLER: Dianne Luby

PRICE/ADD: $1,259,000; 141 Dorchester Ave., U-502, South Boston MTG: $881,000 from First Republic Bank NOTES: Unit in high-rise Court Square Presss Condominium; unit size is 1,650 sf; two bedrooms and two baths; unit last sold in Dec. 2012 for $820,000 MTG: $1,250,000 from The Village Bank ADD: 20 Morton Rd., Newton BWR: David West and Louis West BUYER: Maryann Krikorian and Steven Krikorian SELLER: 66 L Street LLC, managed by Matthew Morgan PRICE/ADD: $1,225,000; 66 L St., South Boston MTG: $857,500 from Bank of America NOTES: Three-family prop., const. 1890; bldg. size is 2,025 sf, lot size is 1,450 sf; last sold in Jan. 2014 for $630,000 BUYER: Margaret M. Theodore SELLER: 768 E 5th Street LLC, managed by Robert Doyle PRICE/ADD: $1,200,000; 768 East Fifth St., U-3, Boston MTG: $450,000 from Santander Bank NOTES: New unit in three-unit condominium; unit size is 1,375 sf; two bedrooms and 2.5 baths; property last sold pre-conversion for $1,415,000 in March 2016 BUYER: Delle Ave Partners LLC, managed by Gregory J. Grant and Paul E. Grant SELLER: Sarah B. Cole PRICE/ADD: $1,200,000; 20 Delle Ave., Boston MTG: $1,600,000 from Bank of Canton NOTES: Three-family property, constructed 1895; building size is 3,675 sf, lot size is 2,975 sf; seller’s family acquired property in Oct. 1974 for $11,383.13; seller inherited property in Sept. 1978 continued on page 32


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THE REAL REPORTER

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Residential Deals

MILLION DOLLAR MORTGAGES/SALES JANUARY 3 - JANUARY 13, 2017 continued from page 31 BUYER: Alicia A. Babcock SELLER: Robert H. Durant, Nancy Hamilton, and Thomas H. Hamilton, trustees of Can-Too Realty TR PRICE/ADD: $1,175,000; 9 Eldredge Ln., U-22, Cohasset MTG: $825,000 from JPMorgan Chase Bank NOTES: Unit in low-rise condominum; unit size is 3,025 sf; two bedrooms and three baths; unit last sold in Jan. 2012 for $1,131,346; Declaration of Homestead MTG: $1,100,000 from LoanDepot ADD: 19 Nash Ln., Weston BWR: Janice G. Corley and Ronald B. Corley MTG: $1,075,000 from The Village Bank ADD: 27 Lill Ave., West Newton BWR: Richard Zagame and Rina Zagame NOTES: Declaration of Homestead BUYER: Anne McDonough and Jeffrey K. McDonough SELLER: Thomas Frost Jr. and Nicole Oliva PRICE/ADD: $1,040,000; 29-31 Dover St., U-31, Cambridge MTG: $624,000 from President and Fellows of Harvard College NOTES: Unit in two-unit condominium; unit size is 1,900 sf; four bedrooms and 3.5 baths; unit last sold in Aug. 2007 for $705,000; Declaration of Homestead MTG: $1,000,000 from Citizens Bank ADD: 1 Wildflower Ln., Wayland BWR: Cliff R. Antonell and Kim B. Antonell MTG: $1,000,000 from First Republic Bank ADD: 246 Commonwealth Ave., U-4, Boston BWR: Peter S. Mugar MTG: $1,000,000 from Boston Private B&T Co. ADD: 15 Flakeyard Ln., Yarmouth BWR: Claire E. Harris

JAN 6th BUYER: Hawthorne Hill LLC, managed by Allison K. Romantz, signatory SELLER: Julie Bokat, trustee of Ox Pond Knoll Nominee TR PRICE/ADD: $9,400,000; 108 and 120 Pease’s Point Way North, Edgartown MTG: $6,580,000 from Morgan Stanley Private Bank NOTES: Multiple single-family properties and land parcel; 108 Pease’s Point Way first building constructed 1910; house size is 6,750 sf, lot size is three acres; five bedrooms and 7.5 baths; second building constructed 1950; house size is 1,425 sf; four bedrooms and three baths; 120 Pease’s Point Way a land parcel size is 30,500 sf; properties last sold in May 1998 for $2,900,000 BUYER: Michael P. McLeod SELLER: 201 Hyslop Road LLC, managed by Alex Bushoy and Alexander Zelfond PRICE/ADD: $6,500,000; 201 Hyslop Rd., Brookline MTG: $4,500,000 from First Republic Bank

Four Royal Cir. in Lexington has fetched $1,500,000 in its exchange from Carol L. Greenberg to Zhe Qiu. The single-family Colonial that came on line in 1993 had last changed hands a year later in March 1994 when it was purchased by Carol L. Greenberg and Mark E. Greenberg for $630,000. The residence has four bedrooms and 2.5 baths in its expansive 3,675-sf frame.

NOTES: Single-family property, constructed 1900; house size is 8,200 sf, lot size is 31,125 sf; four bedrooms, seven baths and three half-baths; last sold in Oct. 2014 for $1,800,000; Declaration of Homestead BUYER: Roger W. Hobby SELLER: Benjamin Taylor and Katherine Taylor PRICE/ADD: $4,590,000; 35 Walnut Pl., Brookline NOTES: Single-family property, constructed 1885; house size is 5,550 sf, lot size is 1.6 acres; seven bedrooms and 5.5 baths; portion of property sellers acquired in Oct. 1991 for $850,000; Declaration of Homestead BUYER: Trevor Burgess and Gary Hess SELLER: Codabrooke LLC, managed by Robert V. Wallace, Jr., president and treasurer PRICE/ADD: $4,500,000; 59 Carisbrooke Rd., Wellesley NOTES: Single-family Cape, constructed 1991; house size is 6,575 sf, lot size is one acre; six bedrooms, six baths and two half-baths; last sold in Feb. 2015 for $1,850,000 BUYER: 5 Joy Street LLC, mgd. by Christopher Casazza SELLER: Claris Properties LLC, mgd. by Allan LaFrance PRICE/ADD: $3,800,000; 5 Joy St., Nantucket MTG: $2,800,000 from Citibank NOTES: Single-family Colonial, constructed 2015; house size is 4,050 sf, lot size is 10,850 sf; four bedrooms and 4.5 baths; last sold in May 2014 for $2,350,000 BUYER: Nantucket Islands Land Bank SELLER: Elizabeth Reyes, Jason Reyes & Matthew Reyes PRICE/ADD: $3,200,000; 219 and 231 Polpis Rd., Nantucket

NOTES: Single-family Ranch and land parcel; house at 231 Polpis Rd. constructed 1962; house size is 1,750 sf, lot size is 6,900 sf; four bedrooms and three baths; 219 Polpis Rd. a land parcel; lot size is 38,225 sf; sellers’ family ownership in property dates to April 1962 BUYER: Aurelie Edwards and David A. Edwards SELLER: Frank M. Abrano and Kim S. Abrano PRICE/ADD: $2,750,000; 343 Commercial St., Unit 25, aka Unit-TH 25, Boston MTG: $2,000,000 from BNY Mellon NOTES: Unit in mid-rise condominium; unit size is 2,300 sf; three bedrooms and 2.5 baths; unit last sold in Aug. 2014 for $2,700,000; Declaration of Homestead BUYER: Harvey J. Makadon and Raymond O. Powrie SELLER: James Kutchin and Peri Kutchin PRICE/ADD: $2,250,000; 110 Stuart St., U-21B, Boston MTG: $1,200,000 from UBS Bank NOTES: Unit in high-rise condominim; unit size is 1,800 sf; two bedrooms and 2.5 baths; unit last sold in April 2015 for $1,900,000; Declaration of Homestead BUYER: Laura Solomon and Stephen J. Solomon SELLER: Lorraine M. Ferrara and Nicholas J. Ferrara PRICE/ADD: $2,250,000; 21 Pine St., Nantucket MTG: $1,400,000 from JPMorgan Chase Bank NOTES: Single-family properties; first building an Antique, constructed 1850; house size is 1,450 sf, lot size is 4,350 sf; three bedrooms and three baths; second building a Bungalow, constructed 1850; house size is 425 sf; one bedroom and one bath; last sold in Sept. 2003 in $1,450,000 continued on page 33


THE REAL REPORTER

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MILLION DOLLAR MORTGAGES/SALES JANUARY 3 - JANUARY 13, 2017 continued from page 32 MTG: $200,000 and $2,070,000 from Cape Cod Five Cents Savings Bank ADD: 26 Captain’s Cove Ln., Chatham BWR: James G. Angelakis BUYER: Derek R. Jones and Lidianne S. Jones SELLER: 236 Walden Street LLC PRICE/ADD: $1,925,000; 236 Walden St., Cambridge MTG: $1,443,750 from Salem Five Mortgage Co. NOTES: Two-family property, constructed 1890; building size is 1,900, lot size is 3,600 sf; last sold in April 2015 in $700,000; Declaration of Homestead BUYER: George Zaloom SELLER: Douglas R. Hiscano and Kimberley L. Hiscano PRICE/ADD: $1,870,000; 3 Mulberry St., Nantucket MTG: $850,000 from Stifel Bank & Trust Co. NOTES: Single-family Antique, constructed 1794; house size is 1,850 sf, lot size is 6,100 sf; five bedrooms and two baths; last sold in June 2012 for $1,568,000 BUYER: Tiancheng International Group Inc., managed by Jitao Niu, president and treasurer SELLER: Elm Rogers LLC, managed by Rekha Madan PRICE/ADD: $1,775,000; 49 Porter St., Somerville NOTES: Three-family property, constructed 1900; building size is 4,100 sf, lot size is 8,300 sf; last sold in April 2007 for $684,250 BUYER: Christopher Dunham and Sara Dunham SELLER: Ashley M. Stinson and Willis D. Stinson III PRICE/ADD: $1,600,000; 2006 Massachusetts Ave., Lexington MTG: $1,200,000 from Bank of America NOTES: Single-family property, constructed 1846; house size is 3,225 sf, lot size is 17,850 sf; four bedrooms and 2.5 baths; last sold in Nov. 2011 for $1,500,000; Declaration of Homestead BUYER: Tremcuf LLC, managed by Patrick McKenna SELLER: John F. Moran, Personal Representative of The Estate of John F. Moran PRICE/ADD: $1,600,000; 10 Cufflin St., aka 124 Tremont St., Boston MTG: $5,000,000 from Dedham Institution for Savings NOTES: Residential Property/Multiple Bldgs. BUYER: Jesper Gromada SELLER: Geoffrey D. Cronin, trustee of 197 Elsinore Realty TR PRICE/ADD: $1,575,000; 197 Elsinore St., Concord NOTES: Single-family Colonial, constructed 2016; house size is 3,200 sf, lot size is 12,200 sf; four bedrooms and 3.5 baths; property last sold in July 2015 for $630,000 BUYER: John F. Downes and Susan L. Downes SELLER: James M. Thompson and Jane E. Thompson PRICE/ADD: $1,565,000; 12 Prospect St., Winchester MTG: $965,000 from Wells Fargo Bank

For the first time since its completion in 1996, 48 Fords Crossing in Norwell is under new ownership, as Joan M. Napolitano passes the deed to Carlyn E. Troupe and John R. Troupe for $1,031,000. PHH Home Loans provided $523,500 in jumbo financing to the couple, a note backed by the single-family Colonial which is set on a 2.5-acre parcel. The residence that has five bedrooms and four baths previously changed hands in December 1996 for $630,000.

NOTES: Single-family Victorian, constructed 1880; house size is 5,075 sf, lot size is 27,800 sf; seven bedrooms and three baths; last sold in Nov. 1994 for $630,000; Declaration of Homestead BUYER: Zhe Qiu SELLER: Carol L. Greenberg PRICE/ADD: $1,500,000; 4 Royal Cir., Lexington NOTES: Single-family Colonial, constructed 1993; house size is 3,675 sf, lot size is 30,325 sf; four bedrooms and 2.5 baths; last sold in March 1994 for $630,000; Declaration of Homestead BUYER: Donald P. Ryan and Elyse M. Ryan SELLER: Andrew J. Norman and Virginia L. Norman PRICE/ADD: $1,500,000; 88B Beach St., Cohasset NOTES: Single-family Cape, constructed 1940; house size is 600 sf, lot size is 20,000 sf; one bedroom and one bath; last sold in June 2008 for $1,150,000 BUYER: Five Sharpe Road LLC, mgd. by Patrick McKenna SELLER: Thelma F. Bargar, trustee of The Bargar Family Realty TR PRICE/ADD: $855,000; 5 Sharpe Rd., Newton MTG: $1,487,500 from Five Sharpe Road LLC NOTES: Single-family Split-Level, constructed 1951; house size is 1,725 sf, lot size is 11,075 sf; three bedrooms and 1.5 baths; seller’s ownership in property dates to Oct. 1954 BUYER: Hans Schemmel and Kara Schemmel SELLER: John F. Downes and Susan L. Downes PRICE/ADD: $1,447,500; 7 Ravenscroft Rd., Winchester

MTG: $1,155,000 from Guaranteed Rate NOTES: Single-family Colonial, constructed 1908; house size is 3,500 sf, lot size is 7,650 sf; four bedrooms and three baths; last sold in July 2013 for $1,199,000; Declaration of Homestead BUYER: Christopher Pierre Weber SELLER: Steven S. Lee and Angela S. Wang PRICE/ADD: $1,415,000; 473 Beacon St., U-8, Boston NOTES: Unit in low-rise condominium; unit size is 1,550 sf; two bedrooms and two baths; unit last sold in Oct. 1998 for $512,000 BUYER: Cambridge Capitals LLC, managed by Li-Yuan Cheng and Po-Wen Cheng SELLER: Alba Cawley Holmes and Frank Holmes Jr. PRICE/ADD: $1,400,000; 214 Brookline St., Cambridge MTG: $840,000 from Wellesley Bank NOTES: Three-family property, constructed 1903; building size is 2,575 sf, lot size is 2,200 sf; portion of property sellers acquired in Oct. 1969 BUYER: Dean Schwartz and Joanna Schwartz SELLER: Sylvia M. Bullock PRICE/ADD: $1,385,000; 22 Cranmore Rd., Wellesley MTG: $1,000,000 from Morgan Stanley Private Bank NOTES: Single-family Cape, constructed 1974; house size is 4,250 sf, lot size is 24,475 sf; four bedrooms and 3.5 baths; last sold for $1,085,000 in Sept. 1999 BUYER: Janise Jaramillo SELLER: George A. Pickering continued on page 34


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Residential Deals

MILLION DOLLAR MORTGAGES/SALES JANUARY 3 - JANUARY 13, 2017 continued from page 33 PRICE/ADD: $1,372,350; 50 Beatrice Way, Lot 8, Canton NOTES: Land parcel; lot size is 22,400 sf; last sold in Aug. 2014 for $180,000 BUYER: Dan Drzymalski and Agnieszka Trzcinka SELLER: Paul J. Dobrowolski PRICE/ADD: $1,370,000; 580 Washington St., U-15E, Boston MTG: $232,900 from TCF National Bank and $1,000,000 from William Raveis Mortgage NOTES: Unit in low-rise condominium; unit size is 1,300 sf; two bedrooms and two baths; unit last sold in Feb. 2014 for $1,205,000; Declaration of Homestead BUYER: Jenny L. Olsen and John A. Olsen SELLER: David Sullivan and Mary McKenna-Sullivan PRICE/ADD: $1,240,000; 123 Washington St., U-1, Winchester MTG: $1,178,000 from Winchester Cooperative Bank NOTES: New unit in low-rise condominium; unit size is 3,425 sf; two bedrooms and 3.5 baths; property last sold as two-family in Sept. 2004 for $525,000 BUYER: Amy J. Osband and Scott J. Osband SELLER: Eric Mueller and Rebekah Mueller PRICE/ADD: $1,225,000; 40 Canavan Cir., Needham MTG: $980,000 from Guaranteed Rate NOTES: Single-family property, constructed 1984; house size is 4,950 sf, lot size is 30,525 sf; six bedrooms and 4.5 baths; last sold in Dec. 2006 for $860,000; Declaration of Homestead BUYER: Anita Davison and James A. Davison SELLER: Star Developments LLC, mgd. by Rodrigo Serrano PRICE/ADD: $1,225,000; 79 Grove St., Winchester MTG: $980,000 from JPMorgan Chase Bank NOTES: Single-family Colonial, constructed 1941; house size is 2,450 sf, lot size is 12,925 sf; three bedrooms and one bath; last sold in July 2016 for $720,000; Declaration of Homestead MTG: $1,219,200 from Walpole Cooperative Bank ADD: 5 Redwood Cir., Norfolk BWR: Carroll Construction Corp., managed by Mark F. Carroll, president and treasurer BUYER: Richard D. McGoldrick, Jr, trustee of Hi-Point Realty TR SELLER: Cynthia Kaplan,, Personal Representative of The Estate of Claire Acly Clair PRICE/ADD: $735,000; 1 Ingersoll Rd., Wellesley MTG: $1,201,250 from The Village Bank NOTES: Single-family property, constructed 1900; house size is 1,500 sf, lot size is 12,675 sf; three bedrooms and 1.5 baths; seller’s family acquired property in March 1968 MTG: $1,178,000 from Winchester Cooperative Bank ADD: 104 Church St., Winchester BWR: Jenny L. Olsen and John A. Olsen

At a consideration of $1,465,000, Eman Ansari and Essam Ansari have purchased 50 Dolphin Rd. in Newton from Kenneth R. Hoffman and Lisa Tannenbaum, with financing of $1,172,000 delivered by First Republic Bank. The single-family Tudor that dates to 1929 sits on a 7,925 sf parcel near Newton Commonwealth Golf Course. The 3,200-sf, five-bedroom residence had last changed hands in March 1999 when it could be had for $800,000.

MTG: $1,144,000 from First Republic Bank ADD: 38 Bradford St., U-2; and 167 Commercial St., U-5, Provincetown BWR: David M. Datz and James V. Mauro BUYER: James M. Lamarr SELLER: Lamarr-Nedder Development LLC, managed by George A. Nedder PRICE/ADD: $1,100,000; 35 Herman Paul Rd., Canton MTG: $250,000 from Hanscom Federal Credit Union and $750,000 from Walpole Cooperative Bank NOTES: Single-family Colonial, constructed 2016; house size is 2,600 sf, lot size is 19,250 sf; four bedrooms and 2.5 baths; property last sold for $300,000 in Jan. 2016; Declaration of Homestead BUYER: Bay Dream LLC, managed by Lea A. Schneider and Richard E. Schneider SELLER: Joseph A. Morcaldi, Individually and as trustee of The Joseph A. Morcaldi Family TR and successor trustee of The Helen J. Morcaldi Family Trust PRICE/ADD: $1,100,000; 1 Bayberry Ln., Eastham NOTES: Single-family property, constructed 1950; house size is 825 sf, lot size is 13,500 sf; three bedrooms and one bath; last sold in Aug. 1971 for $30,000 BUYER: Yajing He and Shan Hua SELLER: Geeti Gangal and Puneet Gangal PRICE/ADD: $1,100,000; 61 Hoitt Rd., Belmont MTG: $600,000 from Cathay Bank

NOTES: Single-family property, constructed 1957; house size is 1,700 sf, lot size is 8,505 sf; three bedrooms and 1.5 baths; last sold in May 2011 for $700,000 BUYER: Sayako Honjo and Sanjeev Mohanti SELLER: Jose Antonio Oviedo and Sandra Matos Oviedo PRICE/ADD: $1,100,000; 5 Mark St., Boston MTG: $825,000 from Washington Trust Mortgage Co. NOTES: Three-family property, constructed 1900; building size is 3,175 sf, lot size is 1,950 sf; sellers inherited property in Jan. 1997 BUYER: Bhavini D. Patel and Dilip K. Patel SELLER: Ronald B. Cohen, trustee of KO Realty TR PRICE/ADD: $1,060,000; 10 Nouvelle Way, Unit South 1209, Natick NOTES: Unit in high-rise condominium; unit size is 2,050 sf; three bedrooms and three baths; unit last sold in Oct. 2009 for $570,000; Declaration of Homestead BUYER: Roger C. Crafts Jr. and Margaret P. Gean SELLER: Elizabeth Sohn PRICE/ADD: $1,050,000; 2-14 Saint Paul St., U-4, Brookline NOTES: Unit in low-rise condominium; unit size is 1,625 sf; two bedrooms and 2.5 baths; unit last sold in July 2012 for $779,900; Declaration of Homestead MTG: $1,000,000 from Jeanne D’Arc Credit Union ADD: 7 Sheryl Dr., Shrewsbury BWR: Chanjay J. Amin and Dimple A. Desai continued on page 35


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MILLION DOLLAR MORTGAGES/SALES JANUARY 3 - JANUARY 13, 2017 continued from page 34

JAN 5th BUYER: Shania Holdings Co. LLC, mgd. by Sipei Ouyang SELLER: MP Franklin Tower Co. LLC, managed by Millennium Partners PRICE/ADD: $8,950,000; 1 Franklin St., U-PH3A, Boston MTG: $5,110,000 from Jiepei Ouyang NOTES: New unit in high-rise condominium; unit size is 4,175 sf; shell condition BUYER: Matthew Weatherbie and Susan Weatherbie SELLER: Darlene C. Jarrell and Mark R. Jarrell PRICE/ADD: $3,500,000; 172 Beacon St., U-6, Boston NOTES: Unit in mid-rise condominium; unit size is 3,250 sf; four bedrooms and four baths; unit last sold in June 2014 for $2,852,500; Declaration of Homestead BUYER: Alison King and Kermit King SELLER: Mary Louise Couvillon PRICE/ADD: $2,225,000; 190 Nashawtuc Rd., Concord NOTES: Single-family property, constructed 1884; house size is 4,800 sf, lot size is one acre; five bedrooms and 3.5 baths; seller’s family ownership in property dates to Aug. 1955; Declaration of Homestead

Twelve years after being cobbled together on a 1.1-acre Westwood parcel, the 6,700-sf mansion at 15 Little Boot Ln. has traded for $1,967,000 from Marianne Temkin to Taghrid Abdel-aziz and Khaled Sorour, who financed their purchase with $1,568,000 from Bank of America. The residence’s prior sale occurred for $750,000 in Jan. 2005. It features six bedrooms and 5.5 baths.

BUYER: Xintao Qiu SELLER: 18 Mossland LLC, managed by Christopher Thornton PRICE/ADD: $2,013,628; 16-18 Mossland St., Somerville MTG: $1,200,000 from Hingham Institution for Savings NOTES: Pair of single-family properties, constructed 1900; first house size is 1,900 sf, lot size is 3,925 sf; four bedrooms and two baths; second house size is 1,225 sf; three bedrooms and 1.5 baths; property last sold in June 2015 for $800,000; Declaration of Homestead BUYER: William Cheney SELLER: Westview Partners LLC, managed by Alexander Kogan and Boris Simkin PRICE/ADD: $1,899,000; 55 Kenney St., Needham MTG: $1,614,500 from Embrace Home Loans NOTES: Single-family property, constructed 2016; house size is 6,650 sf, lot size is 20,900 sf; five bedrooms and six baths; property last sold in March 2016 for $710,000; Declaration of Homestead BUYER: Samantha Power and Cass Robert Sunstein SELLER: Schuyler G. Lance and Linda R. Merwin PRICE/ADD: $1,885,000; 41 Wood St., Concord MTG: $754,000 from Citizens Bank NOTES: Single-family property, constructed 1763; house size is 6,100 sf, lot size is one acre; eight bedrooms and 4.5 baths: last sold in March 2007 for $2,100,000; Declaration of Homestead BUYER: Laura Fardy and Michael S. Fardy SELLER: Anthony Borghi PRICE/ADD: $1,765,000; 9 Village Hill Rd., Dover MTG: $1,000,000 from Berkshire Bank

Forty Canavan Cir. in Needham has traded for $1,225,000 from Eric Mueller and Rebekah Mueller to Amy J. Osband and Scott J. Osband. Built in 1984 on a 30,525-sf parcel, the single-family home encompasses 4,950 sf with six bedrooms and 4.5 baths. The Muellers had held 40 Canavan Cir. since December 2006 when it went for $860,000. Guaranteed Rate funded the Osbands with $980,000 in mortgage financing.

NOTES: Single-family property, constructed 1987; house size is 6,650 sf, lot size is 1.1 acres; five bedrooms and five baths; last sold in Oct. 2002 for $1,560,000

NOTES: Unit in mid-rise condominium; unit size is 1,300 sf; two bedrooms and three baths; unit last sold in Feb. 1989 for $464,750

BUYER: Anastasios Parafestas, trustee of Lake Commonwealth Nominee TR SELLER: Spica Inc., Rafael Bosch, president and treasurer PRICE/ADD: $1,745,000; 90 Commonwealth Ave., U-24, Boston

BUYER: Mildred Gambale and Richard E. Gambale, trustee of Gambale Suffolk County Realty TR SELLER: RCG Columbus Renewal LLC, managed by Matthew Picarsic and Alex M. Steinbergh continued on page 36


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MILLION DOLLAR MORTGAGES/SALES JANUARY 3 - JANUARY 13, 2017 continued from page 35 PRICE/ADD: $1,640,000; 53 Columbus Ave., Somerville MTG: $500,000 from Eastern Bank NOTES: 3 Family Conv BUYER: Jerry L. Rex and Sheri L. Rex SELLER: Black Birch Development Partners LLC, managed by Robert Wildes PRICE/ADD: $1,611,337; 15 Black Birch Ln., Unit 15, Concord MTG: $1,080,000 from Wells Fargo Bank NOTES: New unit in low-rise condominium; unit size is 3,125 sf; three bedrooms and 3.5 baths MTG: $1,459,000 from Needham Bank ADD: 43 MacArthur Rd., Wellesley BWR: Needham Miller LLC, managed by John Bruno and Stephen Petrucci BUYER: Richard S. Alpern and Dolores J. Alpern SELLER: Jay Levy and Karen L. Rivers PRICE/ADD: $1,345,000; 4 Lanthorn Ln., Beverly MTG: $1,100,000 from BNY Mellon NOTES: Single-family Ranch, constructed 1952; house size is 2,600 sf, lot size is 13,950 sf; three bedrooms and one bath; last sold in March 2008 for $937,000 BUYER: Penelope J. Dincauze SELLER: Beverley Earle and John Sloan PRICE/ADD: $1,292,000; 221 Mount Auburn St., U-405, Cambridge MTG: $300,000 from First Republic Bank NOTES: Unit in mid-rise condominium; unit size is 1,175 sf; two bedrooms and two baths; unit last sold in Jan. 2004 for $655,000; Declaration of Homestead

Christopher Tarantino and Trisha M. Tarantino have acquired 14 Cortland Ln. in Sudbury for $1,575,000 from Michelle Graham and Paul Graham, owners since paying $1,449,000 in Dec. 2014 on the single-family Colonial which has four bedrooms and 4.5 baths in its 4,475-sf constitution. LoanDepot backed the new buyers with a mortgage of $1,075,000.

MTG: $1,000,000 from Middlesex Federal Savings ADD: 15 Hall Ave., Somerville BWR: Steven Kanniard

JAN 4th BUYER: Brian R. Barry and Heather J. Barry SELLER: ANGLIA LLC, mgd. bt Sanjiv Patel, signatory PRICE/ADD: $2,770,000; 25 Bradford Rd., Duxbury MTG: $1,670,000 from Wells Fargo Bank NOTES: Single-family Colonial, constructed 2016; house size is 5,050 sf, lot size is 39,150 sf; four bedrooms and 3.5 baths; Declaration of Homestead

BUYER: Mark N. Groudas and Maureen K. Groudas SELLER: Lucille Livingston Held PRICE/ADD: $1,196,475; 116 Bare Hill Rd., Bolton MTG: $720,000 from Wells Fargo Bank NOTES: Single-family Colonial, constructed 1770; house size is 4,675 sf, lot size is 30 acres; three bedrooms and five baths; seller acquired property in June 1981 for $10,000; Declaration of Homestead

BUYER: 79 Willow LLC, managed by Adam Sarbaugh SELLER: Mija Choi PRICE/ADD: $2,500,000; 79 Willow Ct., Dorchester MTG: $2,275,000 from East Boston Savings Bank NOTES: Two-family property, constructed 1905; building size is 2,225 sf, lot size is 10,325 sf; acquired in July 2007 along with 3 Baker Ct., Dorchester, for $479,000; see related sale this date below

MTG: $1,125,000 from Santander Bank ADD: 13 Regent Cir., Brookline BWR: Minh T. Truong

BUYER: David Gerstle and Turner Smith SELLER: 81 Garfield LLC, managed by Lauren Harder and Martin W. Hall PRICE/ADD: $2,185,000; 81 Garfield St., Cambridge NOTES: Two-family property, constructed 1890; building size is 3,825 sf, lot size is 5,300 sf; last sold in June 2015 for $1,925,000; Declaration of Homestead

BUYER: Betul S. Altan SELLER: Alejandro Katz and Marier Hernandez Perez PRICE/ADD: $1,100,000; 321 Hammond Pond Pkw., U-207, Brookline and Newton NOTES: Unit in low-rise condominium; unit size is 1,500 sf; two bedrooms and two baths; unit last sold in March 2014 for $875,000; Declaration of Homestead MTG: $1,085,000 from Boston Private B&T Co. ADD: 9 Dover Ln., Lexington BWR: Barry Fegel and Xiaoling Jiang

BUYER: Paul F. McManus, Jr. SELLER: Heather Barrington Penna PRICE/ADD: $1,865,000; 500 Atlantic Ave., U-14M, Boston MTG: $1,492,000 from Berkshire Bank NOTES: Unit in high-rise condominium; unit size is 1,575 sf; two bedrooms and 2.5 baths; unit last sold in Feb. 2013 for $1,515,000; Declaration of Homestead

BUYER: Charles B. Ring and Corinne L. Ring SELLER: Catherine Grant and Halcott G. Grant PRICE/ADD: $1,852,500; 32 Allerton St., Brookline MTG: $852,500 from First Republic Bank NOTES: Single-family property, constructed 1888; house size is 2,600 sf, lot size is 8,400 sf; five bedrooms and 3.5 baths; sellers inherited property in March 2016; Declaration of Homestead BUYER: Judith J.C. King and Mark A. King SELLER: Roy Brinckerhoff Lowery PRICE/ADD: $1,650,000; 51 LeBaron Rd., Essex MTG: $1,300,000 from Cambridge Trust Co. NOTES: Single-family property, constructed 3,200 sf, lot size is 30,700 sf; three bedrooms and three baths; last sold in Dec. 2009 for $1,166,500 BUYER: Vasilios S. Haseotes II, trustee of Vasilios S. Haseotes II Revocable TR SELLER: Dawn Kafker and Roger B. Kafker PRICE/ADD: $1,600,000; 29-31 Brimmer St., U-314, Boston NOTES: Unit in low-rise condominium; unit size is 1,675 sf; two bedrooms and one bath; unit last sold in Nov. 1991 for $278,000 BUYER: RDN Enterprises LLC, managed by Sanam Lakhani SELLER: Munich Real Estate Inc., managed by Sanam L. Lakhani, treasurer PRICE/ADD: $1,500,000; 201 Newbury St., U-503, Boston NOTES: Unit in mid-rise condominium; unit size is 1,525 sf; two bedrooms and two baths; unit last sold in Oct. 1997 for $670,000 BUYER: Eman Ansari and Essam Ansari SELLER: Kenneth R. Hoffman and Lisa Tannenbaum PRICE/ADD: $1,465,000; 50 Dolphin Rd., Newton continued on page 37


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MILLION DOLLAR MORTGAGES/SALES JANUARY 3 - JANUARY 13, 2017 continued from page 36 MTG: $1,172,000 from First Republic Bank NOTES: Single-family Tudor, constructed 1929; house size is 3,200 sf, lot size is 7,925 sf; five bedrooms and 3.5 baths; seller acquired property in March 1999 with John Hanselman for $800,000; Declaration of Homestead BUYER: Colin J. Motley and Kimberly A. Motley SELLER: 38 South Russell LLC PRICE/ADD: $1,385,000; 38 South Russell St., U-1, Boston MTG: $1,085,000 from First Republic Bank NOTES: New unit in low-rise condominium; unit size is 1,450 sf; two bedrooms and 2.5 baths; seller acquired property pre-conversion in Dec. 2014 for 3,535,000; Declaration of Homestead BUYER: Anna Savani and Joseph Savani SELLER: Yvon Cormier, trustee of CA Investment TR PRICE/ADD: $1,350,000; 21 Crenshaw Ln., U-15-4, Andover NOTES: New unit in low-rise condominium; unit size is 3,400 sf; two bedrooms and three baths MTG: $1,300,000 from East Boston Savings Bank ADD: 39 Millmont St., Boston BWR: ThreeNineMillmont LLC, managed by Lan Fang and Weiwen Wang

A two-year-old single-family Colonial at 20 Gormley Way in Carlisle has fetched $1,323,888 for seller NRHS Development LLC, an entity managed by Debra G. Johar that acquired the 2.1-acre parcel on which it sits in November 2014 for $430,000. Buyers Yongguang Ma and Jing Wang borrowed $700,000 from Patriot Community Bank to facilitate their purchase of a six-bedroom, five-bath residence in an expansive 5,250-sf frame.

BUYER: Hila Hoch SELLER: Wiremill LLC, managed by Yuriy Matskevich PRICE/ADD: $1,299,900; 403 Parker St., U-403, Newton MTG: $849,000 from Boston Private Bank & Trust Co. NOTES: New unit in two-unit condominium; unit size is 4,000 sf; three bedroomd and 3.5 baths; seller acquired property pre-conversion in Feb. 2015 for $700,000 BUYER: Kyla Davidson SELLER: Joseph De Renzis, trustee of A.M.G. Realty TR PRICE/ADD: $1,275,000; 200 Saint Paul St., U-1, Brookline MTG: $1,285,000 from Lisa Cukier & Steven Goodwin NOTES: Unit in low-rise condominium; unit size is 1,750 sf; three bedrooms and 1.5 baths; unit last sold in May 2016 for $725,000; Declaration of Homestead BUYER: Dominic D. DeBonis and Emily N. DeBonis SELLER: Frontgate Development LLC, managed by Leonard A. LeGrand PRICE/ADD: $1,262,500; 1 Lafayette Cir., Wellesley MTG: $1,073,125 from First Republic Bank NOTES: Single-family Colonial, constructed 2016; house size is 2,575 sf, lot size is 12,425 sf; four bedrooms and 2.5 baths; property last sold in July 2015 for $550,000; Declaration of Homestead BUYER: Jing Yu SELLER: Hampshire LLC, managed by Tony Madan PRICE/ADD: $1,250,000; 23 Curtis St., Somerville MTG: $850,000 from Salem Five Mortgage Co. NOTES: Two-family property, constructed 1900; building size is 3,475 sf, lot size is 3,875 sf; last sold in July 2007 for $500,000 BUYER: Fairmont Avenue Properties LLC, mgd. by Scott Zink

Fueled by a hefty $909,500 mortgage from JPMorgan Chase Bank, Caroline M. Ladd and Ralph V. Ladd have sold a single-family Colonial at 50 Prospect St. in Wellesley Hills for $1,070,000, mining more than double the $525,000 spent in November 2014 to secure the 9,050-sf parcel on which it sits. For their seven-figure purchase, buyers Ying Hu and Wen Shi have a home featuring 3,200 sf into which four bedrooms, two baths and two half-baths are tucked, all set against high ceilings, an open floor plan and fireplaced family room. The tree-shrouded site is within walking distance to commuter rail into Boston’s South Station and close to multiple dining and shopping venues.

SELLER: Roger Doyle Frymire PRICE/ADD: $800,000; 26 Fairmont Ave., Cambridge MTG: $1,192,803 from Winter Hill Bank NOTES: Single-family property, constructed 1886;

house size is 1,500 sf, lot size is 2,675 sf; five bedrooms and two baths; last sold in Feb. 1984 for $70,000 continued on page 38


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June 21, 2017

Residential Deals

MILLION DOLLAR MORTGAGES/SALES JANUARY 3 - JANUARY 13, 2017 continued from page 37 BUYER: William David Hill SELLER: Rolando A. Capanna and Valerie Capanna PRICE/ADD: $1,185,000; 16 Raven Ln., U-D7, Gloucester MTG: $948,000 from Citizens Bank NOTES: Unit in low-rise condominium; unit size is 2,350 sf; three bedrooms and 2.5 baths; unit last sold in March 1988 for $480,000 MTG: $1,175,000 from First Republic Bank ADD: 35 Foster St., Marblehead BWR: Janet A. Himmel BUYER: George T. Kosar and Maria A. Petrova SELLER: Frank E. French Jr., Frank E. French III, Laura French, Michael B. French and Michelle French PRICE/ADD: $1,100,000; 66-68 Chester Rd., Belmont MTG: $880,000 from Leader Bank NOTES: Two-family property, constructed 1917; building size is 3,125 sf, lot size is 8,975 sf; last sold in Dec. 2003 for $705,000; Declaration of Homestead MTG: $1,076,000 from Needham Bank ADD: 24 Standish Rd., Wellesley BWR: Jillian C. Hegstad and Nils C. Hegstad MTG: $1,040,000 from Randolph Savings Bank ADD: 42 Thomas Park South, Boston BWR: Alexander Ginman and Ellen W. Ginman MTG: $1,032,500 from Walpole Cooperative Bank ADD: 4-4A Iroquois St., Boston BWR: 4 Iroquois LLP, managed by Alex Peselman MTG: $1,031,800 from Guaranteed Rate ADD: 8 Washington St., Charlestown BWR: David L. Lucchino BUYER: 79 Willow LLC, managed by Adam Sarbaugh SELLER: Mija Choi and Tadeusz Wojcik PRICE/ADD: $1,000,000; 3 Bakers Ct., Dorchester MTG: $2,275,000 from East Boston Savings Bank NOTES: Single-family property, constructed 1910; house size is 1,800 sf, lot size is 4,125 sf; two bedrooms and 1.5 baths; acquired in July 2007 along with 79 Willow Ct., Dorchester, for $479,000; see related sale this date above

JAN 3rd MTG: $4,500,000 from Silicon Valley Bank ADD: 1 Avery St., U-PH 2A, Boston BWR: YZ River LLC, managed by John D. Varella MTG: $2,600,000 from Wells Fargo Bank ADD: 46 Brewster St., Cambridge BWR: David B. Brewster and Oleanna Klein MTG: $2,576,400 from First Republic Bank ADD: 11-15 Hubbard Park Rd., Cambridge BWR: Jonathan J. Bush Jr. MTG: $2,480,000 from Winter Hill Bank ADD: 282 Main St., Acton

Eight Haywood Farm has new owners in Brett Witherell and Colleen Witherell with a little help from Mortgage Financial to the tune of $1,319,200, funding enabling the $1,649,000 purchase of a single-family Colonial barely eight years old. Set on just under a tree-shrouded acre, 8 Haywood Farm has four bedrooms and a like amount of baths. Sellers Betty A. Strader and Frederick M. Strader had spent $639,000 in Sept. 2008 prior to the residence’s completion to secure the property set in a popular subdivision.

BWR: Acton Crossing LLC, managed by David Johnson and Scot Kenworthy BUYER: Jeb E. Keiper and Sonja A. Sharpe SELLER: Suzanne S. Dillon PRICE/ADD: $2,550,000; 9 Westgate Rd., Wellesley MTG: $1,550,000 from UBS Bank NOTES: Single-family Colonial, constructed 2002; house size is 5,850 sf, lot size is 23,825 sf; five bedrooms, four baths and two half baths; last sold in Aug. 2002 for $2,400,000; Declaration of Homestead BUYER: James O. Welch III and Susan B. Welch SELLER: Ezra Stillman PRICE/ADD: $2,025,000; 57 Lorna Rd., Newton NOTES: Single-family Colonial, constructed 1944; house size is 3,450 sf, lot size is 10,700 sf; four bedrooms and 3.5 baths; Declaration of Homestead BUYER: Robert M. Allen SELLER: Michael G. Lynch PRICE/ADD: $1,800,000; 174 Gardner Rd., Brookline NOTES: Single-family property, constructed 1930; house size is 2,725 sf, lot size is 9,400 sf; four bedrooms and 2.5 baths; seller inherited property in Oct. 2016

BUYER: Regina M. Koch and Michael H. Rosenthal SELLER: David J. Scanlan and Fabiana M. Scanlan PRICE/ADD: $1,375,000; 202 Moss Hill Rd., aka 204 Moss Hill Rd., Jamaica Plain MTG: $1,237,500 from Bank of America NOTES: Single-family Colonial, constructed 2001, renovated 2011; house size is 3,400 sf, lot size is 10,975 sf; four bedrooms and 2.5 baths; last sold in Dec. 2014 for $1,009,000; Declaration of Homestead MTG: $1,140,800 from Boston Private B&T Co. ADD: 9 Eisenhower Cir., Wellesley BWR: David C. Sweetser and Jayne A. Sweetser MTG: $1,127,000 from Citizens Bank ADD: 99 Revere St., Boston BWR: Mary Beth Walsh and Matthew Weiss MTG: $1,100,000 from Eastern Bank ADD: 71 Carlton St., Brookline BWR: Jerald Katz and Sidney Boucher-Katz MTG: $662,000 and $1,100,000 from TD Bank ADD: 400 Stuart St., U-28B, Boston BWR: Maura T. Murphy

MTG: $1,520,000 from Boston Private B&T Co. ADD: 427 Hillside St., Milton BWR: Bridget A. Rice

MTG: $1,083,000 from Cape Cod Five Cents SB ADD: 235 Nye’s Neck Rd., Centerville BWR: Andrew J. Hirsch and Jeffrey A. Hirsch

MTG: $1,350,000 from Metro Credit Union ADD: 14 Roanoke Ave., Jamaica Plain BWR: M. Lisa McHam and Catherine W. Johnson

MTG: $1,018,000 from Bank of America ADD: 34 Downing Rd., Lexington BWR: Benjamin Finnegan and Kathleen Finnegan

MTG: $1,250,000 from Leader Bank ADD: 53 Bradley Hill Rd., Hingham BWR: Jared J. Maxwell and Laura E. Maxwell

MTG: $1,000,000 from Boston Private B&T Co. ADD: 393 Commonwealth Ave., Chestnut Hill BWR: Holly P. Kampler and Jerome I. Kampler


THE REAL REPORTER

June 21, 2017

39

Massachusetts Corporations ORGANIZED APRIL 22 - MAY 19, 2017 Corporation

Directors/Registered Agents

Address

Nature of Business

12 Broadway LLC John E. Rosenthal, manager One Bridge St., Ste. 300, Newton MA 02458 Deal with certain real property at 12 Broadway, Beverly MA New Gardner Street LLC Harold Brown, signatory C/o NewReal Inc. at 39 Brighton Ave., Allston MA 02134 Deal in real property Bow 1 Associates LLC Rusty Aertsen and Harold Brown, signatories 39 Brighton Ave., Allston MA 02134 Deal in real property 530 Wave LLC Bruce Percelay, signatory C/o the Mount Vernon Co. at 29 Commonwealth Ave., Boston MA 02116 Develop real estate TDC Special Venture I LLC Jonathan G. Davis, Brian Fallon, Jordanna Ferreira, C/o The Davis Cos. at 125 High St., Ste. 2111, Boston MA 02110 Deal in real property Larry Lenrow, Rich McCready & Scott Spelfogel, managers EH Braintree LLC Yalin Gandhi, Charles Omage & Glenn Pedersen, signatories 5005 LBJ Freeway, Ste. 1200, Dallas TX 75244 Deal w/certain real property at Hampton Inn at 215 Wood Rd., Braintree MA NBI Campanelli LLC Dean Worthington Atkins and Gregory Scott Lauze, signatories Three Post Office Sq., Boston MA 02109 Deal in real property 201 Burlington Road Owner LLC Peter C. Nordblom, signatory C/o Nordblom Co. at 71 Third Ave., Burlington MA 01803 Acquire and develop real estate Seventy One Border LLC John McGrail and Joseph Donovan, managers 1495 Hancock St., Quincy MA 02169 Real estate activities Porter Paris LLC John McGrail and Joseph Donovan, managers 1495 Hancock St., Quincy MA 02169 Real estate activities JPMCC 2006-LDP9 Newbury Street LLC Tausha Wagner, signatory 1601 Washington Ave., Ste. 700, Miami Beach FL 33139 Real property interests Agora Marketplace LLC Louis T. Falcone Jr. and Frank P. Giglio, signatories 100 Ledgewood Pl., Rockland MA 02370 Develop, finance, invest in, lease, manage and sell real property TGCI 2017 LLC David B. Grossman, Jacob M. Grossman and One Adams Pl., Quincy MA 02169 Real estate activities Louis J. Grossman, signatories Apartments at Powder Mill LLC Vincent Cuttone, manager 205 Willow St., Waltham MA 02453 Dealing with interests in real estate NRK Eastham TIC LLC Glenn Gistis and Lawrence Kasser, signatories C/o Linchris Hotel Corp. at 269 Hanover St., Ste. 2, Hanover MA 02339 Invest in real estate GSK Eastham TIC LLC Glenn Gistis and Lawrence Kasser, signatories C/o Linchris Hotel Corp. at 269 Hanover St., Ste. 2, Hanover MA 02339 Invest in real estate CIP14 PR RBP Holdings LLC William H. Kremer, president; Patrick O’Sullivan, treasurer; C/o Crossharbor Institutional Partners REIT Inc. at One Boston Pl., Invest in real estate Jay C. Hart, secretary Ste. 2310, Boston MA 02108 Pioneer Owner LLC William H. Kremer, president; Patrick O’Sullivan, treasurer; C/o Crossharbor Institutional Partners REIT Inc. at One Boston Pl., Invest in real estate Jay C. Hart, secretary Ste. 2310, Boston MA 02108 Keystone LP Acquisition LLC Eggert Dagbjartsson and Victor J. Paci, signatories C/o Equity Resource Investments at 1280 Massachusetts Ave., Invest in real estate Cambridge MA 02138 Kyte LLC Timothy Caraboolad and Mark Schuparra, managers 67 Kemble St., Boston MA 02119 Deal in real property 20-24 East Street LLC William Mandell, manager 20C Delcarmine St., Ste. 101, Wakefield MA 01880 Real estate and interests therein Schochet Botolph Company LLC Richard J. Henken, manager 536 Granite St., Ste. 301, Braintree MA 02184 Interest in real property Schochet Cotton Mill Company LLC Richard J. Henken, manager 536 Granite St., Ste. 301, Braintree MA 02184 Interest in real property MCP 300 Massachusetts LLC David Hooke, Paul R. Marcus, William McAvoy and 260 Franklin St., Ste. 620, Boston MA 02110 Real estate and interests therein Kyle O’Connor, signatories 959 Dot LLC Adam Sarbaugh, manager 1451 Tremont St., Boston MA 02120 Real estate 200 Stuart Street (Retail Owner) LLC Ifhat Koren-Dahan, signatory 4700 Wilshire Blvd., Los Angeles CA 90010 Invest in and manage real estate 200 Stuart Street (Garage Owner) LLC Ifhat Koren-Dahan, signatory 4700 Wilshire Blvd., Los Angeles CA 90010 Invest in and manage real estate 180 Endicott Street LLC Simcha J. Weller, manager 220 Boylston St., #1003, Boston MA 02116 Buy, lease, manage, own and sell real estate The Related Realty Group Inc. Bruce A. Beal Jr., president; Michael J. Brenner, treasurer; 60 Columbus Cir., NYC 10023 Realty company registered in Massachusetts Jennifer McCool, secretary 333-335 Savin Hill Avenue LLC Brad Cangiamila, manager One Park Ln., U-1503, Boston MA 02210 Dealing with interests in real estate Ellery Smiley LLC David Pogorelc, manager 699 Boylston St., Boston MA 02116 Deal in real property Asellus - Passiva LLC Carolyn M. Bailey and Jeffrey A. Conrad, signatories C/o AgIS Management at 745 Boylston St., Boston MA 02116 Hold certain real estate Paddock Lounge LLC David Danglard, manager 5861 Edison Pl., Carlsbad CA 92008 Operate restaurant and bar and interests in real property Beaver Dev Inc. Eugene Reznik, president, treasurer and secretary 24 Beech Rd., Weston MA 02493 Develop real estate WAVE Corner LLC James J. Moran Jr. Esq., signatory 57 Washington St., Quincy MA 02169 Develop, invest in and own real estate Quincy Chestnut Place LP Peter F. O’Connell, manager 500 Victory Rd., North Quincy MA 02171 Acq., lease, mtg., manage & sell real prop. Zaana-17 LLC Frank J. Gorman Sr., manager; Frank J. Gorman Jr., signatory 1105 Lakeview Ave., Dracut MA 01826 Real estate and interests therein Allstate BK Real Estate Holdings Ltd. LP Ahmed Dhanani, Amin Dhanani, Malik Dhanani, 4415 Highway 6, Sugar Land TX 77478 Operate and own real estate Mohammed Dhanani and Shoukat Dhanani, partners 617 Realty LLC Kwong Chan, Tsz K. Chung and Richard Gin, managers 168 Beacham St., Everett MA 02149 Invest in real estate Crossbuck 8 Properties LLC John G. Lenzi, manager Eight Pumkin Patch Ln., Hanover MA 02339 Develop, lease, manage, purchase and sell real property CWB Architects PC Brendan Coburn, president, treasurer and secretary 45 Main St., Studio 824, Brooklyn NY 11201 Architecture Rocky Ledge Properties IV LLC John S. Ehlinger and William G. Morris, managers 42 Richland Rd., Wellesley MA 02481 Deal with certain real property in Wellesley MA C O N T I NUED ON PA GE 40


40

THE REAL REPORTER

June 21, 2017

Massachusetts Corporations ORGANIZED APRIL 22 - MAY 19, 2017 Corporation

Directors/Registered Agents

Address

Nature of Business

Quarterboard Properties LLC John J. McDermott, manager 34 Centre St., Nantucket MA 02554 Real estate services JRJS Realty LLC Joseph Phillip D’Agostino, Rosa S. D’Agostino and Four Clark Way, Shrewbury MA 01545 Manage real estate Steven D’Agostino, managers Land Off Highland LLC Craig R. Miller, manager; Theodore C. Regnante, signatory Thirty Cross St., Winchester MA 01890 Deal w/certain real prop. off Highland Avenue, Winchester, pursuant to a Chapter 40B housing development Joanna Reck Architect Inc. Joanna Reck, president, treasurer and secretary Fifteen Rock Ridge Rd., Andover MA 01810 Architecture Greenway Realty Group LLC Elvira Federico, Carmine Guarino, Elizabeth Ventresca and 155 Endicott St., Boston MA 02113 Real estate services Sandra G. Ventresca, managers North Parkview Davis LLC Christopher Sugrue, manager One Parkview Ter., Holyoke MA 01040 Develop real estate Purchase And Pearl Properties Inc. James Nee, president; Robert Barrett, treasurer; Sixteen Lawton Ter., Hyde Park MA 02136 Invest in real estate Marc Baudouin, secretary Chelmsford Real Estate Group LLC Robert Beaver Jr., mgr.; Christopher Currier Esq., res. agent Principal office at 4 Westcott Dr., Merrimack NH 03054; Lease real estate Christopher J. Currier Esq. at 30 Federal St., Boston MA 02110 59 Fair LLC Joseph Jemison and Julie Jemison, managers Principal office at 859 W. Wrightwood Ave., Chicago IL 60614; Hold and operate real property MA office at 59 Fair St., Nantucket MA 02554 71 Chester LLC Mikail R. Vienneau, manager Three Macnaught Ln., Saugus MA 01906 Dealing with interests in real estate Central Realty Group LLC Rene Djordjevic and Robert Djordjevic, managers Ten Spindletop Dr., Leominster MA 01453 Deal in real property Select Realty LLC Michael B. McGonigle, manager Four First St., Bridgewater MA 02324 Real estate and interests therein Grayson Properties LLC Dana Leavitt, manager 66 Summer St., Manchester-by-the-Sea MA 01944 Invest in real estate Berkshire Luxury Properties LLC William Cleary, manager; Marsha Shea, signatory 579 East St., Lenox MA 01240 Real estate agency Stabile Homes at Redbrook LLC John P. Stabile II, manager 20 Cotton Rd., Ste. 200, Nashua NH 03063 Interests in real estate Saga Realty LLC Marc E. Albanna, manager Fourteen Hammond St., Waltham MA 02451 Develop, manage, purchase and sell RE Micro Realty Partners LLC Ronald Oliveira and Michael G. Russell, managers 77 State Rd., Dartmouth MA 02747 Real estate activities One Thirty Five Neponset Ave LLC Andrew J. Ulrich, manager 539 East Fourth St., South Boston MA 02127 Operate real property and related activities 45 Holbrook Road LLC Susan M. Griffin, manager 290 Hunting Rd., Needham MA 02494 Real estate DCR Realty LLC Carol Reid and David Reid, managers Twelve Pershing Rd., Newton MA 02466 Real estate activities 49 School Street LLC Thomas J. Rando, manager 49 School St., Watertown MA 02472 Hold real property River Valley Development LLC Peter S. Ellis and John Robillard, managers 24 Oak Hill Ave., Agawam MA 01001 Develop and hold real property 14-16 Otis Street Realty LLC Eric M. Klotch, manager 540 E. Broadway, #6, South Boston MA 02127 Buy, develop, finance, lease and own RE O.N.E. Grand Properties LLC Marc P. Ginsburg, manager 77 New York Rd., Tewksbury MA 01876 Real estate and interests therein 49 New York Rd. LLC Marc P. Ginsburg, manager 77 New York Rd., Tewksbury MA 01876 Real estate and interests therein First Street Residence LLC Marc P. Ginsburg, manager 77 New York Rd., Tewksbury MA 01876 Real estate and interests therein Spurrell Properties LLC Pamela J. Spurrell, manager 41 Grove Ave., Leominster MA 01453 Develop, lease, purchase and sell real estate The Yard Operating Company LLC Morris Levy, signatory Principal office at 246 5th Ave., 2nd floor, NYC 10001; Co-working and shared office space MA office at 120 St. James Ave., Boston MA 02116 78 Hewlett Street LLC Diarmaid McGregor, manager Twelve Banton St., Dorchester MA 02124 Real estate activities DML Properties LLC Debra M. Little, manager 20 Lakewood Dr., Merrimac MA 01860 Lease real estate Camlyn Realty Holdings LLC Andrew W. Votsis, manager 25 Shelley Ct., East Bridgewater MA 02333 Acquire, develop, operate and sell RE Berkshire Hospitality Group LLC Anil K. Sachdev, manager C/o Crown Plaza at 576 92nd St., Brooklyn NY 11209; Hospitality MA office at Crown Plaza, One West St., Pittsfield MA 01201 4907 Washington Street LLC Jonathan F. Block, manager 129 Newbury St., Boston MA 02116 Deal in real property XY 485 Realty LLC Yongqing Jiang and Chen Yi, managers 244 Vinton St., Melrose MA 02176 Lease, manage, purchase and sell RE 52 Dragon Court LLC Chengjie Luke Ji, manager 26 Farrwood Dr., Andover MA 01801 Lease and manage real estate 435 Summer Street LLC Steven Cacciattore, manager 200 Essex St., Whitman MA 02382 Develop, operate and own real estate Thirty Thorn LLC Oleg Uritsky, manager 1495 Hancock St., Ste. 200, Quincy MA 02169 Develop, invest in, lease, manage & sell RE BSE Realty LLC Bryan S. Subsick, manager 79 Macone Farm Ln., Concord MA 01742 Real estate activities Z Capital Investments LLC Zeina Talje, signatory 1089 Commonwealth Ave. #326, Boston MA 02215 Acquire and develop real property Earle Coppola Real Estate LLC Nancy D. Coppola and Robert E. Coppola, managers 147 Aspen Ave., Auburndale MA 02466 Real estate activities 467 Union Ave LLC Altamiro Brito Deoliveira, manager 467 Union Ave., Framingham MA 01702 Finance, purchase and sell real estate 54 Plain Rd LLC Heather Dostal and Todd Dostal, signatories 54 Plain Rd., Hatfield MA 01038 Invest in real estate 426 Broadway LLC Gerald Sneirson, manager 378 Broadway, Chelsea MA 02150 Deal with real estate 24 Ocean View Avenue LLC Steven R. Sarcione, manager Two Oliver St., Ste. 905, Boston MA 02109 Acquire, operate and sell real property Metro Bay Realty LLC Ernani Capone and Joanne Capone, managers; Principal office at 27 Old Village Dr., Winchester MA 01890; Manage and own real property Eric Rothenberg, resident agent Eric Rothenberg at 160 Gould St., Ste. 320, Needham MA 02494 C O N T I NUED ON PA GE 41


THE REAL REPORTER

June 21, 2017

41

Massachusetts Corporations ORGANIZED APRIL 22 - MAY 19, 2017 Corporation

Directors/Registered Agents

Address

Nature of Business

123 Hamilton Street LLC Diane Fox, Jane Mervine and Robert M> Schardt, signatories 1420 Rocky Ridge Rd., Ste. 100, Roseville CA 95661 Own real estate McCabe Architectural Consulting LLC Stephen McCabe, manager Forty Cottage Ln., Concord MA 01742 Interest in real property Forty2 Felton LLC Daniel J. LeBlanc and Deanne L. LeBlanc, signatories 36 Juniper Hill Rd., Waltham MA 02452 Real estate activities Cape Village Assets LLC Michael McGonigle, manager Three Taft Cir., Winchester MA 01890 Invest in, manage and sell real estate 11 Claremont Park LLC David J. Watson, manager 48 Mount Vernon St., Boston MA 02108 Deal with certain real property at 11 Claremont Park, Boston MA Riverneck Road Development LLC David Russell, manager 28 Country Club Ln., Middleton MA 01949 Buy, develop, lease, mortgage and sell RE 10-26 Somerset Avenue LLC Rebecca Archer, Joshua Davis, Andrea Johnson and 22 Cranmore Rd., Wellesley MA 02482 Real estate Joanna Schwartz, signatories Pine Hollow LLC Steven Venincasa, manager One Golden Ct., Westborough MA 01581 Dealing with interests in real estate 188 Lawrence Street RK LLC Ronald Kemperle, manager 8400 Horizons Blvd., Amityville NY 11701 Real estate Charles JI Realty LLC Kate Xiong, manager 24 Charles St., Wellesley MA 02481Kat Purchase real estate 25 Oakland Street LLC Russell Rideout, manager 32 Bow St., Beverly MA 01915 Invest in and manage real estte BMJ Realty LLC Lori S. Tanenbaum, signatory Five Cricket Ln., Worcester MA 01604 Dealing with interests in real estate North Village Lofts LLC Timothy Robert Adler and Daniel I. Stroe, managers Sixteen Norwich St., Worcester MA 01608 Real estate investments Vandelay Realty LLC David William Coffin and Raymond Stewart, managers; Principal office at 25 Old Farm Rd., Darien CT 06820; Real estate activities Steven L. Cohen, resident agent Steven L. Cohen at 34 Main St., Nantucket MA 02554 394 Comm LLC Deborah D. Martin and Roxane C. Pratten, managers 134 Commercial St., Provincetown MA 02657 Deal in real property Mead Russell Properties LLC Vera Rodrigues, mgr.; Gregory Richard Esq., resident agent Principal office at 100 North Washington St., Boston MA 02114; Real estate and interests therein Gregory R. Richard Esq. at 12 Chestnut St., Andover MA 01810 172 Bedford Street LLC Eleni A. Kotsiopoulos and Leonidas A. Panagiotou, managers 870 Waltham St., Lexington MA 02421 Investments in real estate 48 Skipping Stone LLC Jacqueline Laham, mgr.; Jeffrey M. Ford Esq., res. agent Principal office at 48 Skipping Stone, Plymouth MA 02360; Buy, lease, operate and sell real estate Jeffrey M. Ford Esq. at 72 Main St., West Harwich MA 02671 15 Palmer Avenue Holdings LLC Paul Farkas, manager 21 Erskine Dr., Longmeadow MA 01106 Manage and own real property 410 State Street Holdings LLC Paul Farkas, manager 21 Erskine Dr., Longmeadow MA 01106 Manage and own real property 160 West 84th Street Holdings LLC Paul Farkas, manager 21 Erskine Dr., Longmeadow MA 01106 Manage and own real property 51 Bow Street LLC Jacqui Krum, manager 101 Station Landing, Ste. 200, Medford MA 02155 Develop, invest in and manage real estate 63 Bow Street LLC Jacqui Krum, manager 101 Station Landing, Ste. 200, Medford MA 02155 Develop, invest in and manage real estate Young Road Investment Holdings I LLC Jonathan Moy, manager 41 Young Rd, Wellesley MA 02493 Investments, including real property interests MSIC Properties LLC Michael C. Hanson, manager; Louis A. Rizoli, resident agent Principal office at 30 Rowes Wharf, Boston MA 02110; Real estate activities Louis A. Rizoli at Locke Lord LLP at 111 Huntington Ave., Boston MA Pepperbush Holdings LLC Sheri J. Caplan and Kenneth A. Merkatz, managers; Principal offic at 2 Pepperbush Ln., Chilmark MA 02535; Hold real estate Geoghan Coogan Esq., resident agent Geoghan Coogan Esq. at 4A Causeway Rd., Vineyard Haven MA 02568 WH Realty LLC Gamal Salama, manager 525 Essex St., Lawrence MA 01840 Manage and purchase real estate Hart Real Estate LLC David Hart, Lois Hart and Patrick Hart, managers 302 Coffey St., Boston MA 02132 Real estate Short Beach Realty LLC George E. Pember, manager Two Brigham St., PO Box 394, Northborough MA 01532 Real estate VSBMT All Cape Realty LLC Barouyr Tchaprazian, manager 31 Cedar St., North Reading MA 01864 Acquire, develop, manage and sell RE GAJX Real Estate LLC Mary Doyle, Larry Mendelsohn, Irving Potten and 9400 SW Beaverton-Hillside Hwy., No. 31, Beaverton OR 97005 Invest in real estate Russell Schaub, signatories 88 Hyde Properties LLC Jason Aubee, mgr.; William Griffin Jr. Esq., res. agent Principal office at 41 Biltmore Pl., West Barnstable MA 02668; Own real estate William F. Griffin Jr. Esq. at One Boston Pl., Boston MA 02108 Bellafi Real Estate Inc. Carmine Petruzziello, president, treasurer and secretary 45 Indian Ridge Rd., Newton MA 02459 Real estate brokerage and sales activities Menery Properties LLC Andrew Menery, manager 83 Beacon St., Lawrence MA 01843 Invest in real estate 53 Cherry LLC Thomas C. Simulis, manager 81 Standish St., Worcester MA 01604 Deal with real estate 286 North Main Street LLC Robert Evans, manager 83 Speen St., Natick MA 01760 Deal with certain real estate at 286 North Main St., Natick MA White Brown Street LLC Stephen A. Depamphilis, signatory 24 Piermont St., Watertown MA 02472 Make and manage investments in RE 71-73 Davis Road LLC Stephen A. Depamphilis, signatory 24 Piermont St., Watertown MA 02472 Make and manage investments in RE Washington Street Investments LLC Stephen L. Robison, manager; Anthony Rossi, resident agent Principal office at 11353 Reed Hartman Hwy., Ste. 300, Acquire, develop and operate real estate Cincinnati OH 45241; Anthony Rossi at 75 Williams St., Chelsea MA Calben Properties LLC Timothy M. Brady, manager One Beaver Dam Rd., Manchester-by-the-Sea MA 01944 Acquire, develop, lease, manage and sell RE Carrwall Properties LLC Melanie Mary Carr, manager; James Richard Wall, signatory 524 Lynnway, Lynn MA 01904 Lease and purchase real estate Salem Willow Avenue LLC Split Rock Properties LLC 225 Westminster Avenue LLC

Anthony J. Dicesare, manager Megan Foley, manager; William Sheehy, signatory Robert F. Calnan and Lauren Cusano, managers

596 Revere Beach Blvd., Revere MA 02151 295 Commonwealth Ave., 1B, Boston MA 02115 Seven Molloy St., Watertown MA 02472

Acq., develop, finance, lease, manage & sell RE Invest in real estate Dealing with interests in real estate C O N T I NUED ON PA GE 42


42

THE REAL REPORTER

June 21, 2017

Massachusetts Corporations ORGANIZED APRIL 22 - MAY 19, 2017 Corporation

Directors/Registered Agents

Address

Nature of Business

Partridge Properties LLC David Partridge and Edward Partridge, signatories 2589 Main St., Rocky Hill CT 06067 Manage, purchase and sell real estate Good Harbor Realty LLC Arthur Sharp and Anne Sterling, managers 29 Orchard St., Salem MA 01970 Real estate and interests therein Judy Goodstein Real Estate Inc. Judy Goodstein, president, treasurer and secretary Twelve Woodbridge Ct., North Grafton MA 01536 Real estate activities 111 Stuart Street Unit 18C LLC Timothy Caraboolad, manager 67 Kemble St. Boston MA 02119 Deal with certain real property at 110 Stuart St., Boston MA Trident Properties LLC David J. Gefke and William Kostigen, managers 202 K St., #1, South Boston 02127 Real estate Haven Road Capital 1 LLC Alison Shanley, Eric Shanley and Kimberly Shanley, managers Principal office at 1574 Jackson St., #4, San Francisco CA; Manage and sell real estate MA office at 129 Governor Wintrhop Rd., U1A, Somerville MA 02145 Design Farm Architects LLC Bradley T. Black, president, treasurer and secretary 403 Pleasant St., Belmont MA 02478 Architecture One Hundred Two Magazine Street LLC Michelle Noorouzi and Mohammad Noorouzi, signatories 62 Tobey Rd., Belmont MA 02478 Dealing with interests in real estate 920 North Main Street LLC Thomas M. Lombardi, manager 159 Bittersweet Ln., Randolph MA 02368 Property management 16 Pine Street LLC Thomas M. Lombardi, manager 159 Bittersweet Ln., Randolph MA 02368 Property management CKE Realty LLC Albert Cuoco Jr., manager 200 Sutton St., Ste. 236, North Andover MA 01845 Investments, including real property interests Seven Pines Realty LLC Robert A. Morra and John D. Roda, signatories 45 Pine St., Belchertown MA 01007 Deal in real property Zade Realty LLC Janet Zade and Mohammed Zade, signatories 134 Beach St., Boston MA 02111 Real estate 677 East Second Street LLC Patrick Ostiguy, manager 528 Bridge St., North Weymouth MA 02191 Real estate activities 44 Woodworth Lane LLC Karen A. Washburn, manager 44 Woodworth Ln., Scituate MA 02066 Acquire, develop, lease, manage and sell RE Daya Realty LLC Joshua C. Bloomberg, manager Two Rollins St., UD501, Boston MA 02118 Real estate Zade Realty LLC Janet Zade and Mohammed Zade, managers 134 Beach St., Boston MA 02111 Real estate MAZ Realty Inc. Robert Zaverucha, president, treasurer and secretary 1446 South St., Bridgewater MA 02324 Develop, purchase and sell real estate Monteleo Realty LLC Eric Asquith and Murch Ewings, signatories 20 Willard St., Chelsea MA 02150 Broker real estate Burl Realty Trust LLC David Burl and Pamela Burl, managers 78 Pinehurst St., Westfield MA 01085 Buy, lease and sell real estate 143 Fairhaven Road LLC Michael Dahill Jr. and Matthew Gurney, managers 143 Fairhaven Rd., Mattapoisett MA 02739 Deal with real estate Brockton Pleasant Street LLC Brad J. Cartwright, manager 845 West Washington St., Braintree MA 02184 Real estate Mink Runk Realty LLC Kenneth Chisholm, manager Six Leonard Ln., Wilmington MA 01887 Deal with real estate Billerica Realty LLC Zoey Tolchin, manager Eight Andover Rd., Billerica MA 01821 Lease real property 50 Ferncroft (Boston) ESONG LLC Baizhou Chen and Taihang Tan, managers Principal office at 3435 Wilshire Blvd., Ste. 2360, Los Angeles CA; Invest in real estate MA office at 50 Ferncroft Rd., Danvers MA Atlantic Westboro Realty LLC David Capobianco, Irene Gruber and Joseph Zink, signatories 205 Newbury St., Framingham MA 01701 Real property interests 680 Worcester Road LLC Jay J. Derenzo, manager 43 Charles St., Needham MA 02494 Develop and invest in real estate 15 Stearns Road LLC Jay J. Derenzo, manager 43 Charles St., Needham MA 02494 Develop and invest in real estate 273 Parker Hill LLC Alex Peselman, manager 39 Brighton Ave., Allston MA 02134 Buy, develop, finance, lease, manage & sell RE Tactical Realty Group LLC Daniel K. Bloom and Samuel M. Hawkey, managers 111 Beverly Rd., Chestnut Hill MA 02467 Broker real estate Spearfish Investments LLC James D. Glickman, manager One Mercantile St., Ste. 510, Worcester MA 01608 Buy, develop, lease, mortgage and sell RE Chestnut Park Preservation LP Bruce A. Beal Jr., Jeff T. Blau, Michael R. Brenner, C/o Related Beal at 60 Columbus Cir., NYC 10023 Invest in real estate Matthew Finkle and David Pearson, et al, signatories Ledro LLC Paula Turnbull, signatory C/o Dr. Gerald Chan at 15 Elmer St., Cambridge MA 02138 Invest in real estate Decat LLC James F. Doherty, manager 1122 Massachusetts Ave., Arlington MA 02476 Develop real estate FirstService Residential MidAtlantic LLC Charles M. Fallon and Michael Natale, managers 21 Christopher Way, Eatontown NJ 07724 Property management CMG 10 PO Square LLC Christopher P. Jamison and Mark S. Malatesta, managers Two Oliver St., 4th floor, Boston MA 02109 Operate a restaurant and ancillary facilities One Ninety Four Maverick LLC John McGrail and Joseph Donovan, signatories C/o MG2 Properties at 1495 Hancock St., Quincy MA 02169 Acq., develop, lease, operate & sell real prop. Empire Management Marlboro Lawrence M. Gordon, manager 171 Great Rd., Acton MA 01720 Lease, manage, purchase and sell real prop. Holdings LLC 16 Crescent Street LLC Mary R. Cerio, manager C/o 42 North Residences V LLC at 50 Milk St., Boston MA 02109 Acquire, develop and hold real estate Lyberty Westford Holding Company LLC George Karanastasis, manager Six Lyberty Way, U-102, Westford MA 01886 Develop, invest in and manage real estate Mancey Holding Inc. Andrew Gelson, pres. and sec. Mark Ruggiero, treas. C/o Compass Exchange Advisors at 288 Union St., Rockland MA Acquire, lease and sell real estate Flagey Holding Inc. Andrew Gelson, pres. and sec. Mark Ruggiero, treas. C/o Compass Exchange Advisors at 288 Union St., Rockland MA Acquire, lease and sell real estate Eastern Janitorial Services LLC Brad Weiner, manager Principal office at 23 North Michigan Ave., Kenilworth NJ 07033; Cleaning and janitorial services MA office at One Wayside Rd., Burlington MA 01803 Needham Highland LLC Andrew H. Kara and Henry G. Kara, managers 119 Weatherbee Dr., Westwood MA 02090 RE activities and restaurant ownership Forge Commercial LLC John S. McDonald, manager 23 National Dr., Franklin MA 02038 Interests in real estate 52 Walpole Street LLC Beth Ann Webb, manager 54 Walpole St., Dover MA 02030 Real estate Residences at Birmingham Barry S. Polack, manager 70 Leo M. Birmingham Pkwy., Brighton MA 02135 Acquire, develop, finance, lease, Condominium LLC operate and sell real estate SCH 116 Boston Alpine Road LP Nadia Petrova, signatory 3889 Maple Ave., Ste 200, Dallas TX 75219 Develop real estate C O N T INUED ON PA GE 43


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June 21, 2017

43

Massachusetts Corporations ORGANIZED APRIL 22 - MAY 19, 2017 Corporation

Directors/Registered Agents

Address

Nature of Business

SEB/Herring Brook LLC Geoffrey Engler, manager; Robert Engler, signatory 165 Chestnut Hill Ave., Brighton MA 02135 Develop mixed-use affordable housing Blackstone River Development Corp. Logan R. Huffman, president, treasurer and secretary Principal office at 217 West Central St., Ste. 3, Natick MA 01760; Develop real estate Cory J. Bilodeau Esq. at One Boston Pl., Ste. 2600, Boston MA 02108 Berkshire Apartment Management LLC David Robillard, manager 86 Swamp Rd., Lanesborough MA 01237 Manage real estate Venture Lane Boston Co-Working Christian J. Magel, manager Twelve Winding River Cir., Wellesley MA 02482 Provide shared office & co-working services and Incubation LLC 121 Arlington Street Investment LLC Armando Petruzziello and David L. Smyly, managers Twenty Milton St., Ste. 109, Dedham MA 02026 Construction and property management 33 Mallard Road LLC Vladislav Vilkomir, manager Fifty Kearney Rd., Needham MA 02494 Real estate 107 Porter Restaurant Holdings LLC John McGrail and Joseph Donovan, signatories C/o MG2 Properties at 1495 Hancock St., Quincy MA 02169 Acquire, develop and own real property and operate a restaurant NECRC Holdings LLC John McGrail and Joseph Donovan, signatories C/o MG2 Properties at 1495 Hancock St., Quincy MA 02169 Acquire, develop and own real property One Fenway LLC Bruce Beal Jr., Jeff Blau, Michael Brenner, Richard O’Toole, 60 Columbus Cir., NYC 10023 Invest in real estate Steven Ross and Kimberly S. Stamler, managers 738 Ocean Street LLC Charles J. Wallace, manager 30 Braintree Hill Office Park, Ste. 201, Braintree MA 02184 Real estate activities Blue Dot Real Estate Massachusetts LLC Morgan Noble, signatory 82 Wendell Ave., Ste. 100, Pittsfield MA 01201 Sell real estate Pilot Seafood Properties III LLC Kathryn Maynes, manager Six Pleasant St., Ste. 508, Malden MA 02148 Dealing with interests in real estate 54 State Street LLC MA Edward T. Walsh Jr., manager 274 Broadway, Taunton MA 02780 Acquire, lease, manage and own real estate 511 Ventures LLC Andrew S. Porter, manager 249 East 48th St., #9K, NYC 10017 Invest in real estate 55 Orange Street LLC Marion W. Martin and Terence D. Martin, managers 580 Concord Plain Rd., Vero Beach FL 32963 Investments, including real property interests JMR Architecture & Design LLC Julia Marsh Rabin, manager 222 Bartholomew St., Peabody MA 01960 Architecture 161 Popes Island LLC Mark W. White, manager 867 Middle Rd., Acushnet MA 02743 Dealing with interests in real estate Tran Investments LLC Hien P. Tran, manager; Dana C. Myers, resident agent Principal office at 22 Wilkins Rd., Braintree MA 02184; Deal with real estate Dana C. Myers at 207 Front St., Scituate MA 02066 Trading Places Realty LLC Kevin Shervah Johnson, manager 250 Boylston St., Chestnut Hill MA 02467 Broker real estate 577 Main Street Holdings LLC Andrew Stein and John Walczyk, signatories 577 Main St., Waltham MA 02452 Invest in and manage real estate 402 Greal Plain Holdings LLC Andrew Stein and John Walczyk, signatories 401 Great Plain Ave., Needham MA 02492 Invest in and manage real estate 45 Beechwood LLC Sharyn A. Hamm, manager 45 Beechwood Dr., North Andover MA 01845 Buy, develop, lease and sell real estate Cabot Place LLC Aafaque Akhter, manager 85 East Main St., Norton MA 02766 Real estate activities 2 Oaks LLC Gaynor F. Frost and Phillip A. Frost, managers Principal office at 757 SE 7th St., Fort Lauderdale FL 33316; Deal with real estate MA office at 17 Oakland St., Mattapoisett MA 02739 Unionville LLC Andrew Brewer and Kellie Brewer, signatories 100 Church Rd., Eastham MA 02642 Lease real estate JDM Venture Properties LLC Derek Poole, Antonio C. Santos, Julio Santos and 61 Crestview Dr., Malden MA 02148 Deal in real property Marc Swikalus, managers Carnegie Arch LLC James J. Mullaney, manager 790 Boylston St., Ste. 22H, Boston MA 02199 Invest in real estate RDL Properties LLC Roger D. Leblanc, manager Fourteen Mill Rd., Ipswich MA 01938 Buy, finance, lease, operate and sell RE A&S Real Estate Holdings LLC Angelo Scangas and Stephanie Scangas, managers Eighteen John Rd., Peabody MA 01960 Dealing with interests in real estate Purposeful Realty LLC Robert D. Matewsky, manager; Stacy L. Matewsky, signatory Twelve Sunset Dr., Ashburnham MA 01430 Buy and sell real estate 223 S. Worcester Street LLC Janise McBee, manager Fifty Beatrice Way, Canton MA 02021 Develop, purchase and sell real estate 111 Granite Street LLC Martha Soshnick, manager; Robert Stewart, resident agent Principal office at 111 Granite St., Rockport MA 01966; Manage real property Robert Stewart at 3 Heritage Way, Gloucester MA 01930 Englewood 15 Development LLC Svetlana Gromova and Anatoly Rozovsky, managers; Principal office at 1514 Beacon St., Brookline MA 02446; Acquire, finance, operate and sell real estate David J. Jensen Esq., resident agent David Jensen Esq. at 27 Harvard St., Brookline MA 02445 La Frontera Restaurant Group LLC Christopher Wandell, manager; Alejandro Chaoul, signatory Ten Messervy St., Salem MA 01970 Interests in real property and ownership and operation of restaurants 95-127 West Rodney French Boulevard LLC Jacinta Murphy, mgr.; John G.F. Ruggieri-Lam Esq., sig. 95-127 West Rodney French Blvd., New Bedford MA 02744 Operate and own real estate DCA Properties LLC Dustin Ciampa, mgr.; Gregory Richard Esq., res. agent Principal office at 352 Primrose St., Haverhill MA 01830; Acquire, finance, lease, operate and sell RE Gregory Richard Esq. at 12 Chestnut St., Andover MA 01810 King - 1200 Providence Highway LLC Douglas A. King, manager 115 Main St., North Easton MA 02356 Invest in real estate Coventry Garden LLC Ana Leet and Joshua D. Leet, managers 500 West Main St., Northborough MA 01532 Develop, manage, own and sell real estate 155 Brownell Road LLC MarkA. Bullock and Chantelle Trevethick, managers; Principal office at 215 South State St., Salt Lake City UT 84111; Acquire, operate and own real property Tori Hollingsworth, resident agent MA office at 894 West St., Carlisle MA 01741 Bolivar Street LLC John Childs, Benjamin Delman and John Iacoi, signatories 371 Dorchester Ave., Ste. 220, South Boston MA 02127 Real estate activities 447 Shorewood Drive LLC Edward Oteri, manager; Jennifer Moore, signatory 83 Barnard Ave., Watertown MA 02472 Lease real estate Eight Marie Street LLC Vu Cuong, manager 330 Adams St., Quincy MA 02169 Deal in real property GC Merrimack Development LLC Gregory T. Curtis, manager 144 Merrimack St., Ste. 444, Lowell MA 01852 Develop real estate Maple Lane Investments LLC Donna K. Byron, manager 66 North Main St., Petersham MA 01366 Lease, mortgage, purchase and sell RE C O N T INUED ON PA GE 44


44

THE REAL REPORTER

June 21, 2017

Massachusetts Corporations ORGANIZED APRIL 22 - MAY 19, 2017 Corporation

Directors/Registered Agents

Address

Nature of Business

2 Academy Avenue LLC Kevin Kalil and Walter Tate, managers Three Champy Ln., Methuen MA 01844 Lease real estate Live Free or Die LLC Kurt G. Stenhouse, manager 404 South Huntington Ave., Boston MA 02130 Real estate and interests therein KCAT Properties LC Catherine Dibona and Kenneth Zachary Wood, managers Four Baker Ln., Mattapoisett MA 02739 Real estate activities Cameron Properties LLC Manuel A. Goulart, manager 111 South Main St., Acushnet MA 02743 Dealing with interests in real estate Ashley Manor LLC Ashley Bonneau and Daniel Bonneau, managers 3660 Main St., Barnstable MA 02630 Develop RE & operate a bed and breakfast Gore Mission Hill LLC Tadeusz Wojcik, manager; Mjia Choi, signatory Eleven Edgewater Dr., Dover MA 02030 Lease, purchase and sell real estate 9 Prospect LLC James Simone, signatory; Richard Glidden, resident agent Principal office at 50 Beechtree Dr., Larchmont NY 10538; Real estate Richard Glidden at 37 Center St., Nantucket MA 02554 2 Rock Development LLC Lynne E. Landers and Paul Landers, managers 205 School St., Framingham MA 01701 Deal with real estate Gateway Property Solutions Ltd. Eliyahu Kessler, president, treasurer and secretary 730 Airport Rd., Lakewood NJ 08701 Real estate activities 11 Forest Street LLC Matthew Knox, Wendell Knox Jr. & Wendell Knox Sr., mgrs. Four Laurel Dr., Lincoln MA 01773 Interests in real property Gadsby Drive Associates LLC Samuel O. Shoneye, manager; Danielle Justo, signatory Ten Ronald Way, Stoughton MA 02072 Acq., develop, finance, lease, operate & sell RE D&D Investment Group LLC Donald J. Harris and Daniel H. Morse 279 Old Center St., Raynham MA 02767 Investments, including real property interests New Age Development LLC Kenneth Young, manager One Park Ln., Ste. 1205, Boston MA 02210 Business of real estate 860 Palmer LLC Katherine Stenson-Lunt and Robert F. Stenson, managers 866 West Falmouth Hwy., Falmouth MA 02540 Dealing with interests in real estate 1700 Bridge LLC Marilyn D. Crary, manager 1700 Bridge Rd., Eastham MA 02642 Lease real estate GBerkley LLC Elliott Gould, manager 715 Boylston St., Boston MA 02116 Manage and own real estate GJ 35 Development Corp. Gregg Donovan, president, treasurer and secretary 339 Dorchester St., South Boston MA 02127 Develop real estate ASB Properties Inc. Alison Borrelli, president, treasurer and secretary 1175 Great Plain Ave., Needham MA 02492 Develop and hold real estate Lopez Investment Properties LLC Cecile Ann Tarbell and Lionel E. Tarbell Jr., managers 511 Pearl St., Gardner MA 01440 Invest in real estate 4 Bomac Realty LLC Brian D. Kelly, manager; William E. Henry, resident agent Principal office at 155 Andover St., Danvers MA 01923; Real estate activities William E. Henry at 85 Dodge St., Beverly MA 01915 Ivy Tower Development LLC Mark J. Donahue, manager; Paul J. Donahue Jr., signatory 170 Newbury St., Boston MA 02116 Real estate JMDH Real Estate of Milford LLC Brian Emmert, Stanley Fleishman and Richard Kirschner, sigs. 15-24 132nd St., College Point NY 11356 Real estate Boardman Holdings LLC Janet Jiang and Jason Kahan, managers Six Bennett St., Cambridge MA 02138 Investments, including real property interests Elsinore Street LLC William Eycleshymer and Michael Walsh, managers 442 Fitchburg Tpk., PO Box 615, Concord MA 01742 Develop, lease, manage, purchase & sell RE 41 Lucerne Street LLC Charles Major and Donald Major, managers 98 Hancock St., Cambridge MA 02139 Manage real estate 134 Union Park LLC Meichi Ping, manager 460 Harrison Ave., Boston MA 02118 Real estate activities 8 Williams Lane LLC Matthew R. Maceachern, manager; Principal office at 8 Williams Ln., Nantucket MA 02554; Deal with real estate Richard P. Beaudette Esq., resident agent Richard B. Beaudette Esq. at 2 Whalers Ln., Nantucket MA 02554 K&B Huang Real Estate LLC Bobby Guangbin Huang and Kenny G. Huang, managers Forty Edgewater Ave., Shrewsbury MA 01545 Develop, invest in and own real estate 34-40 Roy Street LLC Victoria Butler and Walter E. Butler II, managers 38 Lincoln Ave., Buzzards Bay MA 02532 Invest in real estate 35 Sargent Avenue LLC Gerard McDonough, Elan Sassoon and John Topalis, mgrs.; Principla office at PO Box 610312, Newton MA 02461; Real estate activities Nicole Starck Esq., resident agent Nicole Starck Esq. at 6 Lexington St., Waltham MA 02452 549 East 3rd St LLC Scott Miller and Darrell Sanders, managers Thirty Katherine Rd., Watertown MA 02472 Acquire, develop, manage and own RE Humphrey Street Holdings LLC Stephen Martin, Kevin Perelli and Dmitry Shub, managers 202 Main St., Amesbury MA 01913 Invest in and manage real estate DM Property Holdings LLC Darcie A. Fisher and Michael G. Fisher, managers Four Jewel Dr., West Bridgewater MA 02379 Real estate activities Ivy Investment Partners LLC Seung Min Kang and Fiona Wang, managers; Principal office at 204 Moss Hill Rd., Boston MA 02130; Broker, develop and invest in real property James B. Heffernan, resident agent James B. Heffernan c/o Rich May PC at 176 Federal St., Boston MA HIVE Property Owner LLC Kerry Galligan, David Greaney, Mark Hertz and Principal office c/o AIG Global RE at 80 Pine St., NYC 10005; Deal with certain real property in Boston MA John Mallinson, signatories MA office c/o Synergy at 100 Franklin St., Boston MA 02110 DIV Pabst Apartments Fund III-B LLC Jonathan G. Davis, Jordanna Ferreira, Larry Lenrow, C/o The Davis Cos. at 125 High St., Boston MA 02210 Deal in real property Richard J. McCready and Scott D. Spelfogel, signatories Arlington Street Quincy Hotel LLC Jeff Johnston and Mark R. Stebbins, managers 1359 Hooksett Rd., Hooksett NH 03106 Acquire, develop, finance, lease, operate and transfer real property DWF V 955 Massachusetts LLC Mike Carp, Stevem Dietsch, Robert Marshall, C/o Divco West at 575 Market St., San Francisco CA 94105 Commercial real estate investment Jacqueline Moore, Steven Novick & Stuart Shiff, signatories The Bilotti Group LLC Christopher V. Bilotti, manager 941 Dyer Ave., Cranston RI 02920 Hold real estate FP Berkley LLC Elliot Gould, Alexander Leventhal & Jeremy Leventhal, mgrs. 551 Fifth Ave., Ste. 2520, NYC 10176 Real estate activities FP Netowa LLC Elliot Gould, Alexander Leventhal and 551 Fifth Ave., Ste. 2520, NYC 10176 Real estate activities Jeremy Leventhal, managers Epoch Assisted Living of Norwalk LLC Beth Anderson, Joanna Cormac Burt, Laurence Gerber and 51 Sawyer Rd., Ste. 500, Waltham MA 02453 Senior housing and assisted living RE Debora Pfaff, managers Epoch Assisted Living of Trumbull LLC Beth Anderson, Joanna Cormac Burt, Laurence Gerber and 51 Sawyer Rd., Ste. 500, Waltham MA 02453 Senior housing and assisted living RE Debora Pfaff, managers Gateway Alta Dylan Owner LLC Joseph Keough, CEO; Patrick Trask, president 3715 Northside Parkway NW, Ste. 4-600, Atlanta GA 30327 Invest in real estate C O N T INUED ON PA GE 45


THE REAL REPORTER

June 21, 2017

45

Massachusetts Corporations ORGANIZED APRIL 22 - MAY 19, 2017 Corporation

Directors/Registered Agents

Address

Nature of Business

Wood Moose Hill LLC Joseph Keough, CEO; Patrick Trask, president 3715 Northside Parkway NW, Ste. 4-600, Atlanta GA 30327 Invest in real estate Old York Manager LLC Jeffrey J. Cohen and Mark P. Consoli, signatories C/o Metropolitan Properties of America, 101 Federal St., Boston MA Interests in real property 17 Ahab Drive LLC Alison Abbott, Elizabeth Dougherty and Adrian Proll, mgrs. Principal office at 17 Ahab Dr., Nantucket MA 02554 Develop, lease, market and sell real estate BP Beacon St SPV LLC David Gurtz and Michael G. Trotsky, signatories C/o Pension Reserves Investment Management at 84 State St., Boston MA Investments, including real property interests Hill Foley Rossi and Associates LLC Scott Magar, signatory 3680 Pleasant Hill Rd., Ste 200, Duluth GA 30096 Architecture and engineering 109 Babcock LLC Scott Shuster, manager One Wells Ave., Ste. 527, Newton MA 02459 Real estate 430 Main Hotel LLC Kalpana Shah and Navin Shah, managers 462 Pittsfield Rd., Lenox MA 01240 Operate hotels 189-193 Adams Street LLC John E. Gallagher, Jack Pini and Stephen Trotta, managers 106 Morse St., Watertown MA 02472 Develop real estate and build condominiums Twenty-Nine Elm LLC Ronald K. Gold, manager 873 Beacon St., Boston MA 02215 Real estate Wrentham Woods LLC Scott Cohen, manager 69 Princeton Rd., Arlington MA 02474 Business of real estate Kyte LLC Timothy H. Caraboolad and Mark Schuparra, signatories 67 Kemble St., Ste. 23, Boston MA 02119 Deal in all aspects of real estate 24 Main Street LLC NR Edward T. Walsh Jr., manager 274 Broadway, Taunton MA 02780 Acquire, lease, operate and sell real estate 12 Carson Street LLC Brad Cangiamila, manager One Park Ln., U 728, Boston MA 02210 Deal with certain real property at 12 Carson St., Boston MA DR 321 Columbus LLC Daniel Safar, manager; Gabriel Safar, signatory C/o Danile Rene LLC at 109 State St., Boston MA 02109 Buy, finance, operate and sell real estate MortgageTech Holdings LLC Adam Cranford, Trey Miller and James Outland, managers 2101 Highland Avenue South, Birmingham AL 35205 Interests in real property Lodgeworks Corp. B. Anthony Isaac, president; Roy R. Baker, treasurer; 8100 E. 22nd St., Bldg. 500, Wichita KS 67226 Acquire, develop, finance, lease, operate and John R. Morse, secretary transfer hotels and related assets Belveron 780 MA GP LLC Paul T. Odland, manager 268 Bush St., San Francisco CA 94104 Interests in real property JSS Everett Partners LLC Howard Hirsh and Jay O. Hirsh, signatories C/o Jumbo Capital at 1900 Crown Colony Dr., Quincy MA 02169 Invest in and operate real property in MA 222 Arsenal Street LLC Salpi Monteiro, manager 117 Temple Rd., Waltham MA 02452 Deal with certain real property at 222 Arsenal St., Watertown MA 19-21 Orchard Street LLC Andrew P. Consigli and David Oliveri, managers Two Tammie Rd., Hopedale MA 01747 Deal in real property Mansfield Country Square B LLC Amir Izadpanah, manager; Michael F. Dowley, resident agent Principal office at 120 Bulkley Ave., Sausalito CA 94965; Acquire, lease, mortgage and sell real estate Michael F. Dowley at 2 Seaport Ln., Boston MA 02210 HRL-3 LLC Cary Brownley, Tracy Dennis, James Flynn, Mustafa Haque, C/o Hunt Mortgage Group at 230 Park Ave., NYC 10169 Commercial real estate credit Vanessa Howes, Michael Larsen et al, signatories Plus Relocation Mortgage LLC Joe Benevides, Corey Caster, Randall Vanden Houten 600 US Hwy, 169 South St., Ste. 401, St. Louis MO 55426 Residential mortgage lending and Mick Lee, managers 1009 Osgood Street LLC Peter P. Devlin, manager 1009 Osgood St., North Andover MA 01845 Real estate activities 66 Cherry Hill Drive LLC Lee R. Dellicker and Stuart A. Meurer, managers 66 Cherry Hill Dr., Beverly MA 01915 Develop, purchase and sell real estate Franklin Residential LLC William Anthony Depietri, manager; Joann Paradis, signatory 259 Turnpike Rd., Southborough MA 01772 Investments, including real property interests AHSC Peabody Burroughs LLC Michael Mattos, manager C/o Affordable Housing and Services Collaborative Inc. Deal with real estate at 536 Granite St., Braintree MA 02184 Save Lexington Inc. Christopher Locher, president; Bruce Jackan, treasurer; 242 Grove St., Lexington MA 02420 Non-profit organization whose members are Christine Southworth, clerk concerned about conservation and preservation of nature and town character Brendon Properties Brookview LLC Brendon P. Giblin, manager 259 Turnpike Rd., Ste. 110, Southborough MA 01772 Real estate and interests therein KCCMB Investments LLC Kelly Realjo, president; Michael J. Demarco, treasurer; 55 Cambridge Pkwy., Ste. 200, Cambridge MA 02142 Investments, including real property interests Josephn H. Matzkin, secretary Windward Village LLC Robert H. McPhee,manager 1382 Route 134, PO Box 797, East Dennis MA 02641 Dealing with interests in real estate 300 Commercial St. Real Estate Helene S. Keating, manager Ten High Haith Rd., Arlington MA 02476 Manage and own real property Associates LLC North Main Harding Realty LLC Stacey Alcorn, manager 173 Chelmsford St., Chelmsford MA 01824 Invest in real estate 21 Nelson Avenue LLC Maria A. Cirino and Lyn A. Plummer, managers 10R Commercial St., Provincetown MA 02657 Real estate Longfellow Park Ventures LLC Arthur L. Fox and Michael D. Haight, managers 225 Franklin St., Boston MA 02110 Interests in real property 32 Orleans Street LLC Michael S. Rabb, manager Two Jackson Rd., Medford MA 02155 Develop, lease, manage, mortgage & sell RE 33 N Margin Street LLC George Dabney, manager Fourteen Meehan St., Jamaica Plain MA 02130 Invest in real estate 77 Weymouth Street LLC John S. Tassinari Jr., John S. Tassinari Sr. and 415 VFW Dr., Rockland MA 02370 Real estate Susan E. Tassinari, managers 207 Upper Main Street LLC Richard T. Miller, manager 500 Chapman St., Canton MA 02021 Business of real estate 2 Hopkinton Road LLC Mary Guarente, manager 62 Standish Cir., Wellesley MA 02481 Real estate Dartmouth Property Management LLC David Smookler, mgr.; Robert Macnamara Jr., resident agent Principal office at 351 Newbury St., Boston MA 02116; Property management Ribert W. Macnamara Jr. at 41-45 North Rd., Bedford MA 01730 20 Countryside Lane LLC Christine M. Freeman and Michael T. Glynn, managers; Principal office at 83 Central St., Boston MA 02109; Buy, lease, mortgage, operate and sell RE Thomas J. Moylan, resident agent Thomas J. Moylan at 171 Milk St., Boston MA 02109 C O N T INUED ON PA GE 46


46

THE REAL REPORTER

June 21, 2017

Massachusetts Corporations ORGANIZED APRIL 22 - MAY 19, 2017 Corporation

Directors/Registered Agents

Address

Nature of Business

Cross Street Development LLC Gebrael M. Farhat, manager Fifteen Main St., Saugus MA 01906 Acquire, develop, finance, operate & sell RE Beacon Colorado LLC Summer Grimes, manager 1309 Beacon St., #332, Brookline MA 02446 Investments, including real property interests Beacon Eastham LLC Summer Grimes, manager 1309 Beacon St., #332, Brookline MA 02446 Investments, including real property interests Beacon XLH LLC Summer Grimes, manager 1309 Beacon St., #332, Brookline MA 02446 Investments, including real property interests JPOne Holdings LLC Michael Durand and Brian Rich, managers 129 South St., Boston MA 02111 Dealing with interests in real estate GAV Realty LLC Vijayasrinivasakumar Arjunan, manager 39 Clover Hill Dr., Chelmsford MA 01824 Deal in real property 12 Birch Hill Road LLC Anita E. Sangiolo and Joseph B. Sangiolo, managers Thirteen Caleb St., Dennisport MA 02639 Make and manage investments in RE 30-32 Inman Road LLC Anita E. Sangiolo and Joseph B. Sangiolo, managers Thirteen Caleb St., Dennisport MA 02639 Make and manage investments in RE Restoration Properties LLC Ann Marie Licorish, Mark Locorish & Shirley Licorish, mgrs.; Principal office at 20 Heaths Ct., Lynn MA 01905; Broker, develop, lease, manage, purchase Robert E. Fierman Esq., resident agent Robert E. Fierman Esq. at 678 Massachusetts Ave., Cambridge MA and sell real estate Marcam Properties LLC Stephen Andruszkiewicz and Steven G. Malia Jr., managers Eight Rainbow Cir., Peabody MA 01960 Deal in real property Westmass Apartments LLC Roland S. Barbeito, manager 22 Janis Rd., Westfield MA 01085 Buy, manage & sell multifamily apt. buildings Rose Hill Properties LLC Sean Murray, Timothy Murray and Thomas Murray Jr., mgrs. 688 Pleasant St., Worcester MA 01602 Real estate Moura Properties LLC Fernando Moura, manager Forty Pinehills Dr., Plymouth MA 02360 Purchase and sell real estate John Buckley Architecture and Design PC John Buckley, president, treasurer and secretary 46 Waltham St., Boston MA 02118 Architecture RGK Realty Trust LLC Karen Djerf, Gary Kandalaft and Roy Kandalaft, managers Five Chick St., Quincy MA 02170 Lease, manage and sell real estate Zero Dane LLC Olga Bassa, manager 246 Newbury St., Peabody MA 01960 Interests in real estate 496 Hamilton Street LLC Caroly Henderson Esq., mgr.; Lawrence Hammond, sig. 285 Main St., Worcester MA 01609 Invest in real estate 513 Columbia Street LLC Allen N. Talewsky, manager 508 Columbia St., Somerville MA 02143 Make and manage investments in RE Rink Realty LLP Elaine Cohen, manager 123 Huntington Rd., Brighton MA 02135 Deal in real property Doherty Kurtz LLC Edward Doherty, manager Fifty Franklin St., Boston MA 02110 Real estate activities Hyde Park Residences LLC Seth Nock, manager; Sarah Ricciardelli Esq., resident agent Principal office at 105 North Washington St., Boston MA 02114; Build, manage and own real estate Sarah Ricciardelli at 124 Main St., Charlestown MA 02129 One Hundred Howard Street LLC Michelle Noorouzi and Mohammad Noorouzi, signatories 62 Tobey Rd., Belmont MA 02478 Develop, finance, invest in, lease, manage and sell real property Mount Auburn Street Development LLC John A. Freeman, manager 44 Daly Rd., Medford MA 02155 Invest in and manage real estate 58 Pochick Avenue LLC Linda Hughes and Thomas Hughes, managers; Principal office at 51 Linden Ln., Chatham NJ 07928; Real estate Jessie M. Brescher, resident agent Jessie M. Brescher at 37 Centre St., Nantucket MA 02554 120 Laconia Street LLC Philip Ciampa and Raffaela Ciampa, managers 189 Bedford St., Lexington MA 02420 Dealing with interests in real estate 36 Newland Road LLC Gary P. Bucciero, manager 25 Brookfield Rd., Waltham MA 02452 Buy, lease, manage, own and sell real estate Churchill James LLC Harry Dileo and Thomas J. Keane, managers 680 Sunderland Rd., Worcester MA 01604 Invest in real estate Harwich Harbor Realty LLC Nicole M. Wagner, manager 21 Essex St., Norfolk MA 02056 Real estate activities 7 Greenleaf Ave. LLC Marshall L. Daniels, manager 201 Forest St., Winchester MA 01890 Real estate and interests therein 38 Chetwynd Drive LLC Marshall L. Daniels, manager 201 Forest St., Winchester MA 01890 Real estate and interests therein Potash Hill Road LLC Brett Wheeler, manager 128 Calhoun St., Washington Depot CT 06794 Develop and hold real estate True Grit Realty LLC Joseph J. Marini and Kathryn M. Marini, manager 24 Phillips Rd., Nahant MA 01908 Real estate activities Swoops Property LLC Shane B. Hamel, manager 104 Castlemere Pl., North Andover MA 01845 Hold real estate for investment PCT Realty Ventures LLC Corey J. Bishop, Tyler D. Nepote and Peter R. West, manages Ten Center St., PO Box 432, Adams MA 01220 Invest in real estate Pontiac Avenue Realty LLC Michael Biderman and Ephram Lahasky, managers 34 Lord Ave., Lawrence NY 11559 Real estate 12 Reservoir Circle LLC Brian J. Kelleher, manager Twelve Reservoir Cir., Canton MA 02021 Real estate 13 Lee Street LLC Gerard McDonough, Elan Sassoon & John Topalis, mgrs.; Principal office at PO Box 610312, Newton Hills MA 02461; Lease, mortgage, purchase and Nicole Starck Esq., resident agent Nicole Starck Esq. at 6 Lexington St., Waltham MA 02452 sell real property 520 Pleasant Street LLC Loreto M. Pellegrini and Rodolfo Viscomi, managers 520 Pleasant St., Watertown MA 02472 Manage real estate

NAI/Hunneman Deal CONTINUED FROM PAGE 4

allowed them to reinvest proceeds from the sale of 240 University Avenue into two properties that are 100 percent leased to quality tenants that generate solid returns,� relays Halloran. The larger of the buildings is 45 Industrial Blvd., a 46,000sf property situated off Route 28 which is occupied by Zoots. U.S. Laboratories is the tenant in all of 2 Jonathan Dr., that a

14,300-sf life sciences facility at Exit 17 of Route 24 which came on line in 1985. NAI/Hunneman Vice President Ovar Osvold, another member of the NAI/ Hunneman Capital Markets group, advised the seller of the laboratory building, Jonathan Realty Trust, while JLL represented the seller of 45 Industrial Blvd., American Medical Response, which had owned the building constructed in 1997 since paying $2.86 million in February 2000. Norwest Group Inc. paid $2.0 million for that build-

ing and financed both assets with $2.2 million in financing from United Bank, $1.6 million of it targeting 2 Jonathan Dr. which had last traded in March 2003 for $1.11 million. The Mansfield building into which R.H. Scales is moving its headquarters to is a single-story flex building dating to 1973. The 30,025-sf structure which Norwest paid $2.9 million for in February 2016 is located on 3.5 acres near the juncture of n Interstates 95 and 495.


June 21, 2017

THE REAL REPORTER

47

“Thanks Jack” CONTINUED FROM PAGE 1

buying large land tracts in the Rockland area, those gambits creating an enduring bifurcated empire that includes industrial and office buildings plus a thriving South Shore home-building division which Spurr will continue to oversee on top of remaining Vice Chairman of A.W. Perry. Successor Richard P. Beal and fellow fith-generation princiAlonzo W. Perry pal Kerri Spurr Gallaway later said they were impressed by the turnout in both sheer volume and the star-studded lineup either coming to 77 Franklin St. or expressing adoration the Umass Club and gratitude for Spurr’s contributions, his lengthy legacy highlighted via a video presentation played at the event. “It was entirely reflective of how many people in so many different walks of life have been touched in a positive way by Jack,” says Beal of the massive outpouring. Beal says his road to becomBoston Mayor Martin Walsh ing A.W. Perry’s ninth president began in 2004 when he was brought on to run the residential division before launching third-party services operation Perry Brokerage Associates seven years later. “I really thank Peter Forman Jack for all the guidance he has shown me and the knowledge I have received from him,” says Beal, further stating that, “I think you would be hard-pressed to find someone else who has touched as many differRosemarIe Sansone ent areas of real estate as Jack,” the firm adept in both the suburban realm and in the thick of downtown Boston as evidenced by the ornate 23-story, 465,000-sf office tower that replaced the four-story building in which Alonzo W. Perry inked his first deal. The elegantly curved first-class office tower which came on line in the late

125 Summer St., Boston MA

1980s remains a premier Financial District address and is recognized as among the Northeast’s best buildings. A.W. Perry was joint venture partner with Jaymont Properties on the structure that sits at the gateway to Downtown Crossing on the southern flank of the Financial District. It was among numerous accomplishements of the firm in Spurr’s tenure, another being the 1989 restoration of 420 320 Boylston Berkeley St. in the Back Bay, the ornate office/retail property whose gut renovation earned local, regional and national honors from BOMA International in its first contest that has risen to become The Office Building of the Year Award, a coveted citation for which

the Berkeley Building was Boston’s original winner. Greeters on the congratulatory video include Boston Mayor Martin J. Walsh, Greater Boston Real Estate Board CEO Greg Vasil and Rosemarie Sansone, president of the Downtown Boston Business Improvement District. South Shore Chamber of Commerce CEO Peter Forman recounts asking Spurr to join the board soon after taking the helm of the organization, calling the usual affirmative response “a big favor to me and to the chamber” given the climate when suburban Boston was reeling from the lincontinued on page 48


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John H. Spurr Jr.’s daughters and grandaughter at retirement event. Kristin Lunn, left, and Kerri Spurr Gallaway.

ers welcomed the prospect of BID like the proverbial lead balloon, the effort foundering even in the wake of intense backing by then-Mayor Thomas Menino.

You have always been known to uphold the highest standards of excellence .

Boston Mayor Martin J. Walsh to John H. Spurr Jr.

And then came Spurr, agreeing to cochair the BID Steering Committee campaigning to get a majority of landlords to commit as required by statute. Even in

PHOTO: DEREK SZABO

gering 2008 recession and board members were trying to kickstart the recovery. “Jack really worked it hard,” Forman outlines of the commitment, Spurr serving as chairman in 2011 with a mantra that “business cannot thrive unless the community is thriving,” the chamber CEO says in praising the willingness to put that message into action. “The Jack Spurr Touch and A.W. Perry connection certainly helped open the eyes of people in Boston that the South Shore is worth looking at,” observes Forman in the video in which he calls the next step of Spurr’s journey “semi-retirement.” While vowing to spend more time with his beloved family, Spurr does acknowledge he will remain on the Boston SSCOC with Downtown board B I D going forward. William G. “Buzz” Constable That plus the other chores Spurr will perform at A.W. Perry gives fodder for Sansone to playfully question just how leisurely Spurr’s “golden years” will be, musing that, “I don’t think Jack knows what the word retirement means,” she keenly aware of his energy applied supporting the BID, an idea introduced when Downtown Crossing was in its worst throes ever following the recession and “a hole in the ground” created by a botched Vornado Realty Trust project halted mid-stream, fomenting descriptions to war-torn Beirut. “That was very difficult to overcome,” Sansone recounts, yet desperate property own-

the endeavor’s darkest moments, “Jack never lost his patience, and he was always able to talk about the positive sides,” Sansone relays, and in the end, “people trusted him,” paving the way for its passage. “There is no downside to Jack Spurr,” Sansone continues, adding, “he is the real McCoy—what you see is what you get, and there is no hidden agenda.” “Not a lot of people were interested in paying more taxes with (unproven) results, but Jack put in a lot of shoe leather to make people understand how important it was to turning things around, and once again, he was right,” says Beal, Downtown Crossing having left the comparisons to Beirut far behind and replaced with a wave of new construction anchored by the 600-foot tall Millennium Place mixed-use tower on the site where the hole lingered for many years. “Now we can see the vibrancy,” says Sansone. “Now we can see block after block has been transformed.” “You have been a leader in the real estate profession for many years, and you have always been known to uphold the highest standards of excellence,” Mayor Walsh says in his video spot, among those commending Spurr for BID’s surprise acceptance, Vasil another deeming it a linchpin of the dramatic resuscitation from Downtown Crossing’s nadir. Vasil also credits Spurr for helping the industry improve its practices and modernizing other aspects of the craft, and doing so eternally as “a real gentleman,” with Vasil relaying that “I have never heard Jack say anything negative about anybody.” continued on page 49


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Vasil further marvels with others over the ubiquitous activism, pointing to Spurr helping lead another Quixotic battle against real estate transfer taxes back in the early 1990s, forging a persuasive argument on its potential dangers of such statewide legislation and standing on street corners with signs imploring its defeat. “Jack doesn’t do anything at 50 percent capacity; he is 100-plus all the time,” Vasil observes. Those best practices have enhanced his own career development, explains Vasil, stressing in the video that, “Jack, you have a special place in my heart.” Constable, who recently cut back his 32-year role at A.W. Perry to that of parttime executive consultant, is among those who saw Spurr’s broad-based skill set forged on the front lines early on, pointing out that then President John H. Spurr Sr. gave his son day to day management of the portfolio upon arrival in 1982. As such, “Jack had to be there late at night, early in the morning, if a pipe broke, or whenever a new tenant was moving in, and those are the on-the-ground skills that executives don’t do that much,” conveys Constable, who further calls Spurr “an incredible friend, and an incredible guide for all of my professional life” as well as a person with keen insight who “doesn’t ever miss a thing.” Spurr was unavailable to discuss the evening, but did provide a statement to Real Reporter conveying that, “Over my career, I have been blessed to connect with many people around the missions of A.W. Perry and non-profit organizations which I have had the opportunity to lead. My retirement celebration was a wonderful opportunity to reconnect with and thank many of the people who contributed to my success. I am grateful to my family, the A.W. Perry team, and all who were there.” Gallaway delivered several vignettes, calling her father “my hero from Day One,” describing him as “loving, honorable and thoughtful” and explaining she is another industry denizen crediting him for encouraging her professional development which has Gallaway today equipped to handle the firm’s property portfolio and also marketing duties of the expanding operation. continued on page 50

Shades of Jack: Top photo: Taking to the streets to protest state transfer tax in the 1990s; middle left, a ribbon cutting ceremony for the restored Freedom Home in Norwell; middle right, Jack at a Downtown Boston BID event with group President Rosemarie Sansone and Boston Mayor Martin J. Walsh; bottom photo, Jack leading the Memory Lane Singers in a tune.


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“Thanks Jack” “My dad has been a mentor to me and our entire team at A.W. Perry and many in the real estate industry and in the community,” she says, a notion shared by Beal. “Jack had a vision, and he has done an outstanding job putting that vision into place, and bringing everyone in the company on board,” says Beal, the son of A.W. Perry’s sixth president, S. Maxwell Beal. Richard Beal takes over the firm after Spurr successfully steered it from the old millennium to a vastly new one which is creating rapid changes in commercial real estate brokerage and development. In taking control of the strategic direction and operations of the company prior to the retirement gala, Richard Beal comes to the position with a similar path to Spurr as former chairman of GBREB and both are past presidents of BOMA Boston, the local arm of Building Owners and Managers Association International. “I am honored with the opportunity to lead A.W. Perry into the next chapter of its history,” Richard Beal says in praising the firm’s “dedicated team of professionals,” and relaying that he looks forward “to working with them to maximize our tenant and client experience in all of our business platforms.” Both Richard Beal and Gallaway express excitement about leading A.W. Perry as the firm writes its next chapter of a journey where a major milestone lies ahead in 2034 when it is set to mark 150 years since Alonzo W.’s launch. While new technology and ideas are being embraced, and the firm has been on a campaign to recruit fresh talent, Gallaway says Spurr always instilled a pride in the deep history of the privately held firm which has survived countless market downturns and evolutions, and Richard Beal says that foundation as a relationship-driven concern trumpeted by the founder will remain part of the company narrative. “Everything we do, everything Jack has set us on a course to achieve, comes with an eye towards the past, understanding how important it is to remember that legacy and to continue that on into the future,” says Richard Beal. One manifestation is a biography of Alonzo W. Perry which the firm commissioned for the 125th anniversary in 2009, and in which an interesting

PHOTO: DEREK SZABO

CONTINUED FROM PAGE 49

look back at 19th and early 20th century CRE is unveiled, a time when the analogy of Wild West would seem appropriate. While the book hails Alonzo W. Perry’s vast business acumen and ability to create such a lasting organization transcending three centuries, his demeanor at times was characterized by media as “brash” and “forceful,” with one columnist assert-

Jack doesn’t do anything at 50 percent capacity; he is 100-plus all the time.

Greater Boston Real Estate Board CEO Greg Vasil

ing that, “he seems quite as indifferent to hisses as to applause.” Reminded of that observation, Richard Beal does accede “It was a little different approach” from the “compassionate, humble and generous” traits he says can be used interchangably to describe Spurr’s demeanor personality. One lasting aspect of Spurr’s desire to help others comes in the number of charitable and non-profit groups associated with A.W. Perry, and people involved in those realms were well-represented in the retirement event and via the video, one of the more effusive being Wilma Rae Goodhue, who recalls she and Friendship Home Inc. co-founder Joan

Mullare “immediately thought” of Spurr when creating a board supporting the Nor-well-based group’s aim “enriching the lives of individuals with development disabili-ties and their families.” “Jack has carried our mission forward with every decision that is made,” says Goodhue, “and he makes it very clear we are there to serve the people.” Besides working on such initiatives as an upgrade to the Friendship Home facility at 458 Main St. in Norwell, Gold Sponsor members of its last annual golf tournament were both A.W. Perry as a company and individually Jack Spurr and Kay Spurr, his beloved wife. “Jack, you are awesome,” Goodhue says in the video tribute, adding, “the people at Friendship Home love you.” For Gallaway, it is a message that needs to be emphasized, that the core of her father is not as a trained accountant, CRE expert or even dedicated civic servant. “The most important thing I have learned from Jack is just put your heart in every thing you do,” she says, praising Kay Spurr and him for sharing that attitude in their creation of the Memory Lane Singers, a musical troupe which performs at convalescent and retirement homes. “They bring cheer to all the residents,” Gallaway says, Spurr often leaving his business duties for later if a conflict arose, “because he really cares and he is always looking out for others.” “I think of him as quite the renaissance man,” Richard Beal adds of Spurr’s well-rounded constitution that includes aptitude as a musician and singer. n


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the change of seasons arrives. An even bigger Dover retail sale is on the verge of occurring, for example, one where H&T is expected to deliver over $7 million for the owner of an 18,250-sf retail plaza anchored by Five Guys Burgers & Fries, that address 17-19 Webb Pl. While he could not discuss that deal prior to its closing, founding principal Robert Horvath says H&T’s volume has surpassed $250 million YTD, and a stocked pipeline of deals under Robert Horvath contract and rapidly expanding platform has his Lynnfield-based shop shooting for the moon. “Our goal is to hit $1 billion (in 2017),” Horvath says this week to Real Reporter even in stressing the focus is on comTodd Tremblay piling sales versus computing them, relaying that total results are “way over” the quarter-billion dollar pole but adding he is unsure where that tally stands precisely. Given the 75 conclusions already achieved—better than three per week—it is understandable how the figure is a moving metric. Either way, Horvath says his group that includes co-founding principal Todd Tremblay is enjoying a banner campaign, having launched their independent operation in February 2016 following several years at national net-leased sales giant Marcus & Millichap. “We are growing pretty rapidly,” Horvath says of the H&T camp, his contingent now 25 strong in brokerage professionals which features a team of multifamily specialists acting as a feeder system to help clients plug their proceeds from a sale there into the vast database of listings posted by H&T’s trading floor in their headquarters at Marketplace Center. That structure has enabled the company to ramp up quickly, underscored in opening of a Connecticut office, a territory in which H&T has just finalized a healthcare building sale, the $3.9 million consideration delivered in a swap where Adam Mancinone and Blake Barbarisi represented seller St. Mary’s Hospital in Wolcott.

Panera Bread, 841 Central Ave., Dover NH

Other springtime deals stretch as far a field as Arizona and involve multitudes of asset formats from auto parts stores, dollar discount chains and fast food restaurants to a Hilton Garden Inn ground lease south of Boston that just brought $4.4 million and adjacent retail plaza that yielded $4.8 million. The combined capitalization rate was a taut 6.0 percent and the hotel individual level Ethan Cole just 4.58 percent. A Fall River investment group acquired those properties with $6.9 million in financing provided by Digital Federal Credit Union, $3.3 million for 4 Home Depot Dr. LLC to buy the 130Aaron Huntley room hotel from Freja LLC, that entity managed by David Gilvar also harvesting 6-20 Home Depot Dr. to 6 Home Depot Dr. LLC. Manager Zi Qian Zhang borrowed $3.6 million from DCU to fund the purchase there Matt Nadler of a fully leased retail center anchored by a Sleepy’s unit, plus Hot Locks Salon, Massage Envy and New Tokyo Restaurant. It is across from the star-studded 425,000-sf Grove at Plymouth Shopping Center which serves as a draw from

the South Shore and Cape Cod. As to the hotel, located on a site also owned by Freja LLC since the late 1990s, Hilton Garden Inn signed a 99-year ground lease in May 2005 sporting what H&T describes as “rare annual rental escalations of 3 percent” which further enhanced its allure. “It got very good interest,” Horvath says of the offering, with the hotel netleased transaction a first for the team yet one which applied well to the formula, he reports. In another fresh Massachusetts deal of note, H&T finalized the sale of a Brookline Bank branch on Route 20 in Waltham, the outcome featuring a twist where the tenant proved to be winning bidder. Citing confidentiality agreements, Horvath declined to identify the parties involved there, although public records show the subsidiary of Brookline Bancorp. did buy into the 4,500-sf building that is set on a 19,725-sf infill parcel where it was constructed in 2013. The seller, 8 Newton Street LLC, is affiliated with Blackline Retail Group, owners since paying $623,692 for the site in August 2012, its prior stewards having held the property since the late 1960s. “We were able to push pricing on it,” Horvath says in relaying a number of viable prospects were attracted prior to the tenant stepping up to snag control of the free-standing ground lease bought in an all-cash transaction. Its capitalization rate is projected to be at 4.75 percent. The buycontinued on page 52


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er can thank itself given the homegrown lender’s high regard as a credit tenant on a triple-net lease running to April 2028 helped stoke interest. H&T had a full team on the Waltham assignment, with the effort led by Horvath and Tremblay also including Executive VP Mark Brockwell plus Associates Brian Ahrens, Jeremy Black, Aaron Huntley, Peter Butler, Kyle Danielson, Matthew Nadler, Sean TerMark Brockwell ry, Jack Thompson and R.J. Tuller. All told, H&T has processed in excess of $60 milllion since midMay and is rapidly approaching $70 million should the Webb Place Shopping Center sale Sean Terry conclude as expected. It is a stand-alone 18,250-sf property featuring multiple tenants including Convenient MD, Five Guys and Starbucks. Horvath also declined comment on that matter given it had Jack Thompson not yet concluded as of press deadline, but the assemblage is predicted to bring over $7 million by one account, something Horvath also would not confirm. That would put a cap rate around 7.5 percent. R.J. Tuller Centerco Dover LLC is deemed the buyer of the asset. One document on line shows Ethan Cole as NH agent there with Dennis Kelleher also listed for the 100-percent leased asset set on 1.8 acres which dates to 1960 but was refreshed dramatically in 2016. It now throws off more than $530,000 in annual NOI by one account. Horvath was joined by Huntley negotiating exchange of a ground lease on the Dover Panera Bread at 841 Central Ave. in which Cole also served as broker of record and Kelleher again partici-

Brookline Bank, 456 Main St., Waltham MA

pated. The restaurant which is part of a Shaw’s-anchored shopping plaza has 11 years of term remaining on the net-leased asset which has a pair of 10-year options. It is guaranteed by PR Restaurants LLC, an entity that controls over 60 Panera Bread units in Maine, Massachusetts and New Hampshire. “It was very well-received by the marketBrian Ahrens place,” Horvath says of the 4,600-sf building that was completed in 2009. Buyer James H. Glassman hails from Massachusetts and bought the unit via M&H Realty Holdings. Central Avenue at Spaulding Jeremy Black Turnpike’s Exit 9 is a bustling retail corrider featuring dining, hotels and multiple shopping centers whose tenants include such brands as AutoZone, Market Basket and Staples plus other restaurant chains Peter Butler from Applebees, Chilis and Dunkin’ Donuts to McDonald’s, Papa Gino’s and Wendy’s. The turnpike is the primary highway

for eastern New Hampshire and connects Interstate 95 in Portsmouth to the tri-city area of Dover, Somersworth and Rochester and beyond to North Conway and the White Mountains. Cole was also broker of record on the sale of a Dunkin’ Donuts and Valvoline retail center in Rindge, a deal where colleague Matt Nadler exclusively advised the seller and procured the buyer who paid $1.27 million for the 6,975-sf property that dates to 2001. Dunkin’ Donuts has two years left on its lease and Valvoline is there unitl November 2024. “It is a very solid location,” says Horvath of an asset serving both in-state residents and those in neighboring Massachusetts in an area just north of Worcester, New England’s second largest city in population. The Jiffy Lube in North Hampton went for $2.4 million, and across the border down Interstate 495 to Lawrence, another buyer was just found for a Burger King at 187 Broadway, its $1.56 million purchase calculating to a cap rate of 6.1 percent. There are nine-plus years remaining on its ground lease followed by a half-dozen five-year options. Horvath says the location benefits from being positioned along Route 28, the city’s main thoroughfare, with quick access to multiple highways. A franchisee, Allstate BK Real Estate Holdings Ltd. from Sugar Land, TX, is the new continued on page 53


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owner. Seller 187 Broadway Realty LLC had paid $1.31 million in Aug. 2011 for the 2,925-sf building, its manager Spiros Tourkakis. H&T was on both sides of that transaction. A Taco Bell/Pizza Hut amalgam in West Springfield closed at a price of $1.63 million in which Butler procured the buyer of the asset Blake Barbarisi which has a 20-year lease in tow. Outside of New England, Butler joined Ahrens to procure the buyer of Tilted Kilt Restaurant’s flagship location in Tempe, that a $5.6 million consideration doled out by Adam Mancinone a 1031 exchange player. Yet another 1031 exchange buyer was advised by Ahrens with Horvath and Tremblay in the $4.22 million of a CVS Pharmacy in Raleigh, NC; and a Taco Bell

Hilton Garden Inn, 4 Home Depot Dr., Plymouth MA

in Jackson, MS, for $3.15 million. Black procured the buyer of a Huntington Bank branch in Florence, KY and Citizens Bank unit in University Heights, OH, for $1.94 million and $1.92 million, respectively. Closer to home, Black handled both sides of a $1.0 million Citgo Gas station sale in Sidney, NY, and Vitamin Shoppe in the Empire State’s Tonawanda that fetched

$1.61 million. There are pharmacies across the land included in the closings and an urgent care center in Farmville, North Carolina, that $3.55 million exchange reflective of an entirely new prospect for investors of net lease real estate, the product type in which Lynnfield-based Horvath & Tremblay specializes. n

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tled retail corridor with dozens of national brands represented and able to attract institutional capital for CRE investment as well. Anchored by a Home Depot, Pentucket Shopping Center counts Bed Bath

Pentucket Shopping Center offered investors a unique blend of credit-backed cash flow with the opportunity to realize upside potential in multiple ways.

JLL Executive VP Nathaniel Heald

& Beyond and Staples on its tenant roster, and there is also a Super Walmart shadow anchor that was not included in the 199,325-sf sale but helps the center’s customer base extend to a 10-mile radius. “Pentucket Shopping Center offered investors a unique blend of credit-backed

Pentucket Shopping Center, 58 Plaistow Rd., Plaistow NH

cash flow with the opportunity to realize upside potential in multiple ways,” Heald says, explaining the critical mass of stores combined with the asset’s solid fundamentals to lure a number of major capital sources such as Inland. “There was very good interest,” Heald reports while declining to identify other suitors or specific details about the agreement, including the sales price which is available at the Rockingham County Registry of Deeds. Quincy & Co. had been a longtime own-

er of the retail property, having paid $22.1 million in March 2007, a deal made just prior to the 2008 recession. Located on 7.1 acres at 58 Plaistow Rd., aka Route 125, Pentucket Shopping Center draws heavily from abutting Haverhill across the border, that a substantial metropolis in its own right. “It is a proven retail location,” says Heald of Plaistow. JLL has an active Capital Markets platform that covers all of New England with current retail listings in Connecticut, Massachusetts, New Hampshire and Rhode Island. n


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Chase Commercial Term Lending is having another busy year approaching mid-season following a record 2016 regionally targeting buyers and owners of multifamily inside Route 128 where the sweet spot has been in the $1 million- to $10 million sphere. Northeast regional sales manager John Gambardella, who works under Chase CTL East territory leader Chad Tredway, relays matter-of-factly that the mission on the ground here is manifest—reaching top of the pile. “The dynamics of the Boston market are terrific, and our goal is to become the Number One multifamily lender here, as we are in the rest of the country,” Gambardella explains Alfred R. Brooks to Real Reporter in a recent interview. JPMC is using its $70 billion in lending capacity to outmaneuver competitors on not just pricing, but also service, he relays. In that spirit, “Four for Free” absolves borrowChad Tredway ers of the costs obtaining an asset appraisal and UCC filing plus legal and processing fees involving a stabilized apartment building loan. Daniel M. Vasserman, part of the Boston operation which is led by homegrown veteran Bill Crocker, relays the savings can reach into five figures. “It is substantial and has become very popular,” says the JPMC Vice President, with every borrower who qualifies happily taking the deal that is only available in Greater Boston, New York City and Washington D.C. The average loan size is about $4 million, and has been so well-received Four for Free is being continued again after multiple extensions. “People have responded very favorably,” Gambardella reports while stressing the service-oriented approach goes beyond that perk. Among other things including a streamlined process that can cut closing a loan by 50 percent and an interest rate lock of up to 90 days, JPMC is flexible on Ed Ely

39-43 Kilby St., Woburn MA

pre-payment dates and eschews the imposing balloon payment that often seems to arrive at an innoportune time. Collectively, Gamardella details, the approach is to have policies and products eliminating distractions to their borrower’s core business. “Our goal is making sure the client can take a longer-range view and not have to worry about how they are going to get

Our goal is making sure the client can take a longer-range view and not have to worry about how they are going to get through the next real estate cycle.

John Gambardella, regional manager, JPMorgan Chase Bank

through the next real estate cycle,” Gambardella conveys, citing Four for Free as a concept created using the tenets of Chase CTL’s emerging philosophy based on “speed and efficiency” permeating all levels of that multi-tiered lending program, an approach he says came from the very top through Head of CRE Alfred R. Brooks, Tredway and Ed Ely, Head of Commercial Term Lending. “Speed and efficiency is what they built this business on, because that is what you need to deliver today, and that approach has been a major contributor to our growth here

and in other mar-kets,” says Gambardella. “Al, Ed and Chad deserve the credit for making sure we are always responding to the needs of the client . . . and Four for Free is one of those (ideas) that fits our mission in every way.” JPMorgan has had an impact in nearly every sector of metropolitan Boston since going all in this decade, with several recent mega-loans including $91 million for Toll Brothers to develop a multifamily community in Needham, and $44 million for a similar endeavor in that suburban Boston community where Mill Creek Residential is also underway with its project. A Kingston mall operator borrowed $36 million in January to refinance its holdings at 101 Independence Mall Way. Meanwhile, JPMorgan’s residential division is a major lender to the Bay State’s upscale housing demographic as evidenced via frequent appearances in the Real Reporter million dollar residential survey. But the CTL multifamily group is making its own mark locally, the platform covering a narrow but lucrative part of eastern Massachusetts, primarily Boston and Cambridge down to Quincy, north to Woburn and out to the tony ‘W’ towns off Route 128 Central such as Wayland, Wellesley and Weston. The crew is coming off its best year ever, and already a number of substantial closings have occurred in 2017 to continue that momentum. Citing client confidentiality, JPMorgan is only able to talk in general terms, providing a select list of transactions minus address continued on page 55


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Hancock Center “presents an ideal longtem value-add opportunity for the firm.” The new office space features an open, light-filled footprint framed by floor-toceiling windows, “collaborative” work areas and state-of-the-art technology such as audio video displays plus connectivity of wireless throughout the property. Aiming to support teamwork and “a continued energy of innovation,” GCP’s new home also includes areas with full-wall whiteboards and a custom ping-pong table. “It is an excellent location to continue our growth,” Carter tells Real Reporter in pointing to the active Quincy Center neighborhood which is seeing substantial public and private investment. The area is wellserved by public transportation, anchored by the MBTA Red Line and commuter rail connections, and also has extensive dining, residential and retail options. While active in its back yard, GCP today operates across the US in 35 states, its principals armed with over 40 years of real estate development and investment experience. Focused on financing rehabiliation projects of one- to four residential units, GCP also loans on commercial, industrial and larger multifamily properties, as well

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or borrower, deals that collectively involve 225 units. They cover assets in increments from five to 70 units and loan amounts from $1.29 million up to $10.5 million. Through sleuthing of public records, Real Reporter has identified some of the assets involved, the 70-unit project being 1378 Beacon St. in Brookline’s teeming Coolidge Corner securing a $6.5 million mortgage. That loan was a seven-year hybrid amalgam, whereas the $10.5 million mortgage is for five years, also a hybrid, and is backed by 44 apartments at nearby 28-40 Park St., also in Coolidge Corner. The owner, 28 Park Street LLC, is managed by Samuel Slater. In Somerville, $10.0 million wa meted out to refinance 45 apartments at 289 Highland Ave. The seven-year hybrid mortgage there was loaned to 289 Highland Ave. Realty Inc., its principal well-known multifamily investor Philip J. Privitera. North of that inner suburb, there was a

1515 Hancock St., Quincy MA

as entitled land, with a range typically between $150,000 and $5 million, although “the sweet spot” is less than $1 million. The group is in the process of rolling out more lending products, and on the investment front, Carter says the platform has recently expanded to Ireland, a path he pursued because he sees value-add opportunities in the Emerald Isle even as he continues to consider US deals as well. The white-hot Boston CRE market is one reason he has presently shifted attention

elsewhere, and Carter says plans to bring in seasoned talent to handle the broader foot print are underway. As to the Hancock Center purchase, Carter would not provide details on how much of a stake he has secured or what the price of entry is, explaining only that it is considered a solid cash-flowing deal, and also relaying a relationship in the past with MG2 Properties principal John McGrail, whose firm is based next door at n 1495 Hancock St.

seven-year hybrid loan of $3.0 million delivered for multiple buildings totaling 36 units at 39-43 Kilby St. in Woburn. Its borrower is William Realty Trust, the managers there Jacob H. Levin and William B. Levin who were replacing a $2.35 million 2007 mortgage from another lender that was maturing. Other recent JPMorgan deals culled from public records searches were a $4.0 million loan for 15 Leicester St., that 24,750-sf apartment building in Brighton Center owned by Fortium Realty and its manager Henry G. Chen. A multifamily asset passing JPMorgan muster back in Brookline is 168-170 Winthrop Rd., a property dating to 1900 which has 16 apartments and got a $3.5 million refinancing for manager Dick R. Chiu, whose stewardship at the building extends to a $1,770,000 purchase in Jan. 1998. Vasserman could not acknowledge those loans, or comment on a rather intricate assignment for investor Michael Lesburg of Selmasson Holdings LLC, its fiefdom comprised of numerous small- and

mid-sized apartment buildings concentrated in Boston’s Back Bay and Beacon Hill. Records show at least 10 buildings and loans of $16.0 million total provided by the lender in amounts from $1.26 million at 14 South Russell St. to $2.27 million at 66 Myrtle St. Other assets funded are 13 Anderson St., 265 Clarendon St., 9 Grove St., 12 Hancock St., 20 and 77 Phillips St., 37 South Russell St. and 47 West Cedar St. Those loans closed in early Q2. “We are making good progress,” was all Vasserman would say beyond reporting steady growth each year since the CCTL team arrived in downtown Boston, its operation at One Federal St. “They have stepped up their game here, yes,” one debt and structured finance professional observes of the group. The Four for Free offer does only apply to qualified purchase or refinance trans-actions of cash-flowing residential assets with five or more units. The program had been slated for conclusion in April prior to being extended again by the lender. n


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Campenelli, TriGate CONTINUED FROM PAGE 1

160,900 sf at 108 Myrtle St. The 30-yearold building since branded Heritage Point is now enjoying a similar lease-up seen at Heritage One where its hands-on owners parlayed MBTA Red Line access prized by new-age talent with transformational physical upgrades and other attractions to draw quick reaction from sticker-shocked tenants in downtown Boston and Cambridge where Travis Sachs rents had just begun skyrocketing, and continue to climb as midyear of 2017 nears. Already hometo the likes of Healthcare Financial, State Street Bank and Windstream, nearly 20,000 sf more Carmella Laurella has now been filled at Heritage Point, the commitments from a pair of firms who occupy space in the Hub, the larger being 13,000 sf where a company providing business and recruitment services Whit Osgood to the clinical research realm is departing its Boston quarters and another office in Canton. ClinEdge will relocate to the second floor at Heritage Point in late summer, whereas venerable civil engineering concern Fuss & O’Neill is already moving over from its Dorchester venue to a 6,000-sf suite on the fifth floor. “The value at Heritage Point is unrivaled on the South Shore, making our decision to relocate an easy one,” ClinEdge President Christian Burns offers in a prepared statement provided Real Reporter. “I am excited to merge our Canton and Boston teams,” Burns continues, “and confident that the great location and Red Line access will be key for recruiting new employees as ClinEdge continues to grow.” Details of either pact regarding financial aspects and other specifics were not provided by the parties involved in two separate negotiations. Campanelli Director of Leasing Peter Brown collaborated

Heritage Point, 108 Myrtle St., Quincy MA

with Newmark Knight Frank in that CRE firm’s role as exclusive agent of Heritage Point, a team led by Michael Frisoli and Tyler McGrail representing Campanelli and TriGate along with NKF downtown broker David Martel. Travis Sachs and Carmella Laurella of CL Properties advised ClinEdge and Whit Osgood brokered terms for Fuss &

The value at Heritage point is unrivaled on the South Shore, making our decision to relocate an easy one.

ClinEdge President Christian Burns

O’Neill, a Connecticut firm that has offices in West Springfield and four other New England cities, operations with some 280 professionals staffed at the contingent founded in 1924. The move is from fairly near by Heritage Point, F&O’s expiring Boston lease at 50 Redfield St., another multi-tenanted office building just across the Neponset River from North Quincy. “Seeing respected companies settle at Heritage Point gives us a a great amount of pride,” Campanelli partner Daniel DeMarco says of the transactions. “Our team has worked hard to create a workplace on the South Shore that is attractive to all types and sizes of firms,” and he credits “exceptional amenities” including the Red Line access, as “the key to our success.”

Besides the transit-oriented cachet, a multi-million dollar renovation at Heritage Point has produced collaborative areas, shared conference room, modern fitness center, full-service cafe and a private deck with water views that is accessible to tenants. The lobby and grounds have also been refreshed by a partnership which earlier this year took on another reclamation project south of Quincy in Stoughton following its purchase of the former Reebok headquarters there, a $9.0 million deal negotiated by NAI/ Michael Frisoli Hunneman. “Extensive renovations and a vibrant amenity package” are pieces of the strategy to revive 100 Technology Center Dr., Campanelli explains regarding a first-class, 186,000-sf Tyler McGrail building custom-designed for the athletic shoe manufacturer. Such a value-add enterprise is among its “signature capabilities,” Campanelli relays as the vertically integrated operation marks 70 David Martel years in what is now a third-generation firm also fluent in land development, design/build and facilities management. Approximately a dozen miles from continued on page 63


June 21, 2017

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JLL Apex Exclusive CONTINUED FROM PAGE 6

across the land, but DeSimone points to the vibrant results of that aspect spearheaded by Dusty Burke of American Commercial Real Estate as an incentive for office users. “Now is the perfect timing to be marketing the office and medical office space,” DeSimone tells Real Reporter in explaining the amenity package is coming into shape just when many firms have between six and 12 months remaining on their current lease obligations. It “is a definite plus,” says DeSimone of the retail progress. “We are excited to bring together a dynamic, custom-designed commerce center with outstanding exposure on one synergistic site,” Walker says in a press release touting the office/medical office piece, an element of Andrew Sherman Apex Center the founder of RAVentures deems “one of the most convenient, unique and prominent buildings within an amenity rich environment designed to serve the Metro West business community and beyond.” According to DeSimone, “Ryan Development is a major differentiator” boosting confidence to office users that Apex Center will deliver the space, relaying that “their entrepreneurial spirit and track record for delivering quality mixed-use projects ahead of schedule is unmatched.” Walker’s platform is well known in the Interstate 495 corridor, one recent endeavor being Cornerstone Square in Westford, a 240,000-sf retail and professional assemblage featuring a Market Basket and lineup of other well-known retailers. Celebrating three decades in business this year, RAVentures is active throughout Massachusetts and New Hampshire. While retail and hospitality are leading aspects of the RAVentures playbook, DeSimone says the office building “is really well-designed” in terms of efficiency, materials and technology, plus has a flexibility by being a two-winged structure where the first phase will have 44,650 sf on three levels and the second five stories and 69,700 sf. They will be connected via a two-story glass atrium in a manner where one tenant could take the entire footprint, opening up the range of prospects.

And those prospects are on the rise, says DeSimone, crediting the city of Marlborough and others for helping revitalize a community hit hard by the departure of both Fidelity Investments and Hewlett Packard in the late 2000s that has rebounded strongly, with JLL pointing to a solid

Now is the perfect time to be marketing the office and medical office space at Apex Center.

JLL Managing Director Phil DeSimone

2015 when the submarket had 400,000 sf of positive net absorption in the office market as a turning point, helping push the vacancy down from a high of 22.5 percent in 2011 to the current level of 17.7 percent. “Marlborough is hot, and it has been for a while,” says DeSimone, who was joined by Mahoney in the opening quarter of this year signing Babcock Power to a 46,050-sf lease at 26 Forest St. in Marlborough, part of the Lake Williams Corporate Center owned by their client, Great Point Investors, with Kelleher & Sadowsky advising the tenant. As to Apex Center, DeSimone says the makeup of the tenant roster in terms of office versus medical space will be de-

termined by the requirements emerging, but he notes that lifestyle and retail centers have become a popular environment for healthcare providers, offering copious parking, ease of access and diversions for families of patients coming for an appointment. “It makes a lot of sense,” he says, although DeSimone says traditional office users are also warming to the concept of an all-inclusive experience. Perched on a 43-acre expanse, Apex Center will feature two hotels totaling 245 guest rooms plus meeting space, fitness facilities and pools, the flags being Fairfield Inn & Suites and Fairfield Place. Among retailers on board are Friendly’s Restaurant, IC Federal Credit Union, Qdoba, Primrose Touchfree Car Wash, Sports Clips, T-Mobile and Zoots. Another round of leasing this spring pushed the occupancy to 95 percent in which Ryan Development welcomed a boutique salon, European Wax Center, Hot Table Panini and a hibachi and sushi concept called Ideal Immersion. Ryan Development touts Apex Center as the first state-of-the-art entertainment-based complex of its kind, elements including arcade games, bowling, indoor kart racing, fitness center, ropes course, trampoline park and two-story laser tag facility. The 13-building format has an architecture whose signage and storefronts “have distincly modern design elements unique to New England,” according to the developer. n


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Heading Home CONTINUED FROM PAGE 11

shelters with a 90 percent rate of remaining housed one year later. Donations have further enabled the non-profit to develop nearly 500 housing units, and its broadbased support program gives clients financial education and life skills plus other assistance to make Heading Home the area’s largest service provider for the homeless. “It all begins with a home,” Lorello observes, but getting to the doorstep does require a legion of supporters, from people helping prepare a home for occupancy and the myriad of helpers who gathered to pull off charity events such as the ambitious 2017 Housewarming. “We don’t do it alone,” Lorello stresses. “Our volunteers, corporate partners and donors are without question the backbone of Heading Home.” Lorello’s remarks were part of a video shown at the Housewarming, a presentation that interviewed multiple people aided by such activism, some of them with young children who had been born homeless, as well as reclaimed adults pursuing new careers backed by child care and job training assistance, one client seeking to become a police officer, another a pharmacist. There were testimonials on Heading Home’s proven results from others in the CRE family such as Jonathan and Margot

Hamilton Somerville CONTINUED FROM PAGE 8

In acknowledging the acquisition, Hamilton Co. President Carl A. Valeri tells Real Reporter this week that his firm does regard the investment as a development opportunity “down the road,” but he cautions that is not an active consideration at this juncture. For one thing, Goodyear possesses a long-term lease on its facility and Valeri also explains his company wants to see the area progress a bit more before making any substantial commitments. For now, “It’s cash-flowing land,” he observes, adding, “We like the position we are in there.” The group has a similar laid-back attitude on other property it already owns in Somerville. Among the impacts which Valeri says could make for a valuable investment over time there nearer Union Square is the proposed MBTA Green Line expansion from abutting Cambridge.

THE REAL REPORTER

June 21, 2017

Davis of the Davis Cos. as well as Anne and Marc Margulies, he the famed architect specializing in corporate design. Both couples have been longtime backers of Heading Home and other endeavors addressing the homeless conundrum. Other CRE professionals helping this year’s Housewarming program were CBRE/NE Co-President Andrew Hoar and Charles River Realty Investors principal Brian Kavoogian. The soiree featured networking plus the high-end food choices and a spirited live auction featuring several “priceless” donated items, including embarking on road trip with the New England Patriots. “Homelessness is a difficult problem even in a boom- The Castle, 130 Columbus Ave., Boston MA ing economy, and it is important that those of us who benefit make is a very proud moment for the real estate sure people are not left behind, and I think industry, and I am grateful for the record that is why so many have stepped up to response to helping a charity we consider n support the cause,” says Petz, adding, “It very close to our heart.” When that transit service becomes closer to a reality, Hamilton Co. will be more apt to pursue a so-called higher-and-better use there, he says, but for now patience is the watchword. Besides the project in permitting that would add dozens of units to a site near its Allston headquarters, Hamilton Co. continues to mull other investment opportunities, althouh Valeri says the inventory of properties it would consider viable has slipped of late, one reason the attention has been turned to construction activities. The latest project and the 44 units coming to the South End at Douglass Park follow on the heels of a successful lease-up of 48 apartments on Malvern Street, also in Allston. On the Somerville exchange, Lilley was advising Andrew E. Bram and Joseph J. Ianelli in the roles as Co-Personal Representatives of the Estate of Angelina M. Ianelli. Joseph G. Ianelli had bought the property in February 1969 with two partners. n

Chris Walsh MAI CONTINUED FROM PAGE 9

a Counselor of Real Estate and card-carrying MAI member as well. Adds Logue, “we appreciate the time Chris dedicated to attaining this recognition while always providing the highest level of service and professionalism to our clients.” Other skills Walsh has culled during three-plus decades in the busines are consulting and real property valuation for estate planning and tax purposes, real estate tax appeals, dispute resolution, mortgage financing, divorce settlements, due diligence and strategic planning and land conservation. Another specialty has been condemnation work in conjunction with several of the state’s largest public works projects including the Big Dig and opening of the MBTA Greenbush Line south of Boston. A Foxborough resident, Walsh lives there with his wife, daughter and son. n


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Milk Street Apts. CONTINUED FROM PAGE 2

The eight-story building at 120 Milk St. that dates to 1894 is squeezed onto a 2,375-sf site in the heart of the Financial District. Its uses included ground level retail, office space on the second level and a dozen apartments on the remaining floors. “There are a lot of possibilities to look at, and that should create some solid interest, especially given the successes people have had in that market,” obDouglas Jacoby serves Sower. The client is AAA Boston Realty, its president investor Joseph Perroncello. Short-term corporate rentals would be one path which has been a popular concept pursued in downtown Scott Dragos this decade, although Sower says the lack of residential condominiums in the emerging area that is much more diverse product-wise than previously could pique some ideas, with the office floor to be delivered vacant and likely able to support a residential conversion. The residential unit mix is six one-bedrooms, five two-bedrooms and a two-bedroom with den. Hardwood floors, granite bath-

120 Milk St., Boston MA

rooms, washer/dryer hookups, expansive windows and “thoughtul floor plans” are among the aspects touted by Colliers in informational materials being circulated. A review of rents in Boston compiled by Colliers shows the urban core outperforming other areas, with monthly studio rents of $2,819 versus $1,750 overall, $3,245 for a one-bedroom and $2,200 elsewhere; and two bedrooms in the urban core are $4,222 compared to $2,600. The windows in some units at 120 Milk St. provide views of the lush Rose Fitzgerald Kennedy Greenway a few blocks east. Other features of 120 Milk St. are a central

elevator, sprinkler system and newer heating and hot water systems. The brokerage effort is being pursued minus an asking price, and Sower declined comment on market estimates that could have 120 Milk St. eclipsing $12 million. Colliers President James Elcock oversees the Capital Markets platform, while others assisting on 120 Milk St. are principals Douglas Jacoby and Scott Dragos. Jen Price and Maggie Collins are other members of the multifamily practice group, while debt and structured finance assistance is available form Kevin Phelan and Adam Coppola. n

Rowley Warehouse CONTINUED FROM PAGE 10

where the Peabody Essex Museum is a popular attraction. Its president is Robert N. Shapiro, while C. Richard Carlson is treasurer. Daly-Rowley LLC is managed by Andrew P. Daly. David Gilkie Besides providing easy access, 306 Newburyport Tpk. can accommodate over 100 automobiles, while the building features include efficient column spacing, 11 tailboard loading docks and three drive-in Michael Allen doors as well, plus the structure has generous clear heights and

306 Newburyport Tpk., Rowley MA

advanced life safety and security systems. Parties involved in the exchange did not elaborate on what PEM’s plans are for 306 Newburyport Tpk. Its seller had controlled the 41-acre site since spring 1982, 17 years before 306 Newburyport Tpk. came on line. The building was later modernized and expanded in 2006. PEM acquired the asset on an all-cash basis.

Headquartered in Boston, NAI/ Hunneman is active regionally and is part of a global network spanning some 400 offices worldwide which supports a network of 7,000 professionals offering a full menu of commercial real esate services, including investment sales. Clients include corporations, institutions and those in the private market. n


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Scenes from SIOR NE 2017 Service Day with Pease Greeters: upper left, SIOR NE member Thomas Farrelly presents check from chapter to Pease Greeters; upper right, Hall of Flags at Pease International Tradeport; Lower left, SIOR NE member Jeremy Freid mingles with returning troops; lower right: the Portsmouth Greeters resting up for returning troops.

SIOR NE Service Day CONTINUED FROM PAGE 9

“It was incredibly inspiring,” SIOR NE Chapter President Timothy Brodigan told Real Reporter later regarding the program where unpaid volunteers deliver soldiers chocolates, coffee, food, stuffed animals and various other gifts, the participants often retired military personnel whose other efforts include sending care packages directly to the troops. As part of their contributions, SIOR NE raised $300 for pizza for the arriving veterans and another $1,400 donation to the Pease Greeters. The flight coming in from Afghanistan involved one of the country’s most famous units, the first infantry divi-

sion known as Big Red One which even has its own namesake movie dramatizing their being the first to reach the Normandy beaches on DDay. The mystique goes back even further back to the first world war where the contingent fought in France under the handle “The Fighting First” while led by General “Blackjack” Pershing. Eighteen SIOR members attended the Pease Greeters event that also had several family members in attendance. “It was totally amazing,” Boston Realty Advisors principal Jeremy A. Freid recounted afterwards, the SIOR member speaking of “emotion and energy” buzzing through the event which lasted about 45 minutes before the four-stop journey to Fort Riley,

Kansas, resumed. “It was an absolutely powerful day for everyone,” says Farrelly, credited by Brodigan for suggesting the venue for their organization’s yearly day of service. “Tom did a lot to make this happen,” Brodigan relays, further praising his colleague for a moving speech conveying SIOR NE’s gratitude to the greeters and the trrops who are the focus of their efforts. According to Brodigan, SIOR NE members who were unable to come this year may have another shot very soon. “This will be one of our top considerations for Service Day 2018,” he relays, and he also gives a shout out to others not equipped with that designation. “It is something everybody should do,” he says. n

FEEDBACK TO: EDITOR@THEREALREPORTER.COM


June 21, 2017

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HFF King Street Deal CONTINUED FROM PAGE 10

plenty of debt providers lining up to back the speculative development, and just as many reasons for the clamor, he says, including brisk demand in the suburbs from the surging life sciences arena where Boston is among the leading clusters of lab users in the country, plus a dearth of modern product. The need is especially taut on the suburban front where a review from Perry Brokerage Associates Stephen Lynch shows the laboratory inventory in Cambridge eclipses all that found elsewhere in Massachusetts, 10.5 million sf of the 19.1 million overall supply. Interestingly, the King Street model targeting laboratory tenants was to retrofit older flex and office product just west of Cambridge off Route 128 in both Lexington and Waltham. Founded 15 years ago this month by Beacon Properties alum Thomas Ragno Eric Smith and later joined by veteran broker Stephen Lynch, KSP “has a proven track record” that further soothed lenders, relays LaBine, who is quite learned regarding that history from having arranged over $450 Jon Varholak million loans on 16 different properties for the developer. “They are very talented and focused on their core competency,” LaBine says of KSP’s solid results. Its holdings now comprise 1.25 million sf of laboratory and office space, enough that KSP regards itself the largest privately held and locally based owners of life sciences real estate in metro Boston. Blackstone Mortgage Group is active in the laboratory debt sector, with bridge and construction deals in its financing playbook, according to LaBine, his firm in tune with the realm through HFF’s national platform where the mortgage banking operation has arranged loans in San Diego and San Francisco on the west coast plus the assemblage just outside Washington, DC in southern Maryland. LaBine is famil-

828 Winter St., Waltham MA (RENDERING)

830 Winter St., Waltham MA

iar with the Research Triangle in North Carolina, having assisted Boston-based Longfellow Real Estate Partners fund the purchase of some 1.5 million sf of laboratory there over a short period.

Blackstone shared King Street’s vision and provided a creative and flexible solution for lab construction financing.

HFF Managing Director Greg LaBine

Constructed in 2001 as the flagship headquarters for Praecis Pharmaceuticals, 830 Winter St. is 100 percent leased to GlaxoSmithKine, Histogenics Corp. and ImmunoGen. KSP acquired it two years ago next month from longtime owner Intercontinental at a price tag of $104.2 million. The firm then engineered a way

to tuck 828 Winter St. onto the 17-acre campus setting at Exit 27 of Route 128. Th first-class laboratory space will be on three levels plus there will be a four-level parking garage. Transwestern Consulting Group is exclusive leasing agent for the structure that has floor plates as large as 50,000 sf and can be connected to 830 Winter St. There will be a central courtyard and two cafe options, a fitness center and active outdoor areas. “It is a great project that I think is going to be well-received by the market,” LaBine says of the development. TCG principals Eric Smith and Jon Varholak are handling the leasing campaign. n

The Real Reporter VOLUME 9, NUMBER 6 © 2017 The Real Reporter, LLC. Ten Post Office Square, Boston MA 02109, 617-6922997. All rights reserved. No part of this piblication may be reproduced without thewritten consent of the publisher.


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Avison Young Event view of the Gotham market by AY principal and Tri-State President Arthur J. Mirante II, and the parallels between the two cities are striking. Like Boston, New York City currently sports single-digit vacancy rates in most submarkets, fueled principally by the TAMI (technology, advertising, media and information) firms. Investment sales have slowed from the final frame of 2016 and year-over year, with both transactions and dollar volume more than halved for both time frames. And like Boston’s Seaport, the massive Hudson Yards project (28 acres, 12.7 million sf of office, residential and retail space being developed by Related Cos. and OxLarry Epstein ford Properties), is having a major impact on the leasing landscape. “What makes our market so healthy today?” Mirante asked rhetorically. “We have a balanced marketplace, and we have equilibrium.” Jeff Gates In his opening remarks on Boston to the packed audience, Perry cited the recent General Electric groundbreaking this spring as being emblematic of Boston’s standing as a hotbed of innovation throughout Matthew Perry the world, and observed that firms are also migrating from Cambridge as well as the suburbs and out-ofmarket locations in search of the talent spawned by the region’s wealth of universities. The vacancy rate has been hovering around 8.5 percent for the past year, with only 361,000 sf absorbed in the preceding 12 months, well below the one million sf averaged in the last several years. Rents per sf are averaging from the mid-$50s to the mid-$70’s for Class A space overall, with the Back Bay seeing some pricing as high as the low $90s. Senior VP Michael McElaney drilled down a little deeper into the numbers, noting that the leasing slowdown (including 64,000 sf of negative absorption registered

PHOTO: DEREK SZABO

CONTINUED FROM PAGE 13

in the first quarter) was primarily the result of continued consolidation among the financial services and legal industries, as well as a trend towards tenants becoming more efficient, thus pushing down the square foot per employee ratio. “So this is not an alarming statistic, but one we will keep a close eye on,” said McElaney.

What it comes down to is that the fundamentals remain strong.

Avison Young principal Ronald Perry on Boston’s CBD

Another interesting trend that has been developing in the last year, is that for the first time on record, the vacancy in the high-rise floors (above the 20th floor), exceeded that of the low-rise, a shift that has continued into 2017. That may change, however, as in “a previously unforeseen evolution of the market,” McElaney says Class A towers are beginning to fill up due to the success of the Seaport’s Class B market, with rents in brick-and-beam Seaport buildings now competing directly with the low-rise floors of the CBD Class A buildings. Once in the buildings, McElaney and Avison are wagering, the maturing tech firms will begin to look to the high rise floors as a way to differentiate them-

selves from the competition, essentially coming full circle to the traditional model. AY principal Larry Epstein addressed tenant demand, likening the users in the marketplace to a PGA leaderboard. “It’s a deep field, with a lot of good players, from all over the world,” he ventured. Epstein cited the combination of old guard tenants such as Santander, Holland & Knight, Bain Consulting and US Bank renewing in place; the relocations from Cambridge by VMWare (to the Lafayette Center, joining Carbonite and Sonos) and Analog Devices (to 125 Summer St.); and the well-publicized GE, Reebok (from Canton to the Design Center) and Amazon (taking 90,000 sf at the 10 St. James WeWork) moves to Boston as evidence of the city’s drawing power. The industry veteran also observed that in the past year, 65 percent of the leases signed were relocations, as opposed to the more traditional 50-50 split with renewals. “Landlords are feeling pretty good” about the current tenant roster in the marketplace, Epstein says, with approximately 250 firms seeking a total of four million sf. There are some large requirements, including Mintz Levin (downsizing to 200,000 sf at One Financial Place), J.P. Morgan (seeking to consolidate five locations into two in the Seaport and the Financial District), Amazon (seeking 130,000 sf in the Seaport), and WeWork (taking 38,000 sf in North Station’s Hub on Causeway). continued on page 63


June 21, 2017

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Design Stance CONTINUED FROM PAGE 13

dicator of the REIT’s commitment to embracing change, that should not be an immediate concern. Koop gave a 15-minute TED-Style talk on the importance of learning to think differently, not only to improve the design and operations of our chosen businesses, he stressed, but to bring that divergent thinking into all aspects of our lives. Koop, whose firm completed “the most sustainable building in Boston”—888 Boylston St.—in September 2016, drew much of his material from “The Design of Business,” a 2009 book by Roger Martin promoting the concept of “design thinking” that teaches individuals and organizations how to more effectively develop innovative solutions. In the book, Martin discusses three concepts helping achieve that change in thinking: taking a stance, using “opposable think- 888 Boylston St., Boston MA a 120 Kilowatt photovoltaic PV system as ing,” and developing a knowledge funnel that enables firms to create a repli- well as 14 one Kilowatt vertical axis wind turbines (enough to power 15 Massacable model of innovation. Koop closed his presentation by dis- chusetts homes) that partially power the cussing how design thinking led to the cre- building, and uses 45 percent less eneration of 888 Boylston. “It has worked in- gy and 37 percent less water than a typcredibly well,” he said. “We took a stance, ical office building. A water-fueled chilled and it was this: “It will be the most sus- beam system circulates 100-percent fresh tainable building in Boston.” The 17-story, air throughout the building, and the floor425,000-sf office and retail building, de- to-ceiling glass provides more natural light signed by FXFOWLE Architects, features than any other structure in Boston, an el-

Avison Young Event CONTINUED FROM PAGE 62

Senior VP Jeff Gates discussed the migration trend, stating that in the past year, over 1.5 million sf has been filled by tenants moving into the city. The deals account for 25 percent of the total transactions in Boston, representing two full percentage points of the vacancy rate. In addition to the previously mentioned signed leases, Aetna (100,000 sf), Cisco (50,000 sf) and Rocket Software (75,000 sf) are large-scale tenants said to be evaluating a move to Boston. On the sales side, over $3.4 billion in assets have traded hands in the last 12 months, with capitalization rates running in the 4 to 5 percent range for trophy assets, and 5 to 6 percent in the A to A-minus range, but there are

“limited offerings in the market,” according to Gates. AY’s Matthew Perry was assigned the task of forecasting trends for the coming years, which include a declining vacancy rate (to 7.6 percent) by 2020. The Senior Associate predicts growth in the tech sector and continued migration into the city will offset the consolidations by traditional firms and the new space now being constructed, keeping demand healthy. But the Boston workforce will continue to evolve, he portends. “It really is about tying together efficiency and office culture,” Perry concluded. “The bottom line continues to be a driver in the process to minimize the balance sheet impact, but not at the expense of creating an office culture and environment that fosters productivity and inspiration.” n

63

ement which studies have shown improves employee productivity. “If we didn’t take a stance, there wouldn’t be turbines on the top of this building, and these factors – the amount of daylight and fresh air in the building, all these quantitative stats, wouldn’t be taking place,” concluded Koop. “Co-Star would describe this building as a midrise building with poor views . . . and they would be describing it as a Class B product. Well I would tell you this building isn’t even in a class—this is an iPhone.” One other thing: 888 Boylston St. averages $72.25 per sf (gross) in rent, among the highest in New England. Anchor tenant Natixis Global Asset Management committed to 128,000 sf on five floors in 2014, a deal first unveiled by Real Reporter that kicked off the $275 million project. Natixis is a leading financial services advisor relocating from 399 n Boylston St. a few blocks east.

Campenelli, TriGate CONTINUED FROM PAGE 56

Heritage Point and 17 miles from Boston and Cambridge, Campanelli/ TriGate is already kneedeep in a fast-track overhaul of the gleaming suburban structure at 100 Technology CenDan DeMarco ter Dr., an ambitious upgrade similar to Heritage Landing—the two buildings which fetched $63.9 million last autumn—and there are other common aspects of those two projects, with Frisoli and McGrail Christian Burns also engaged as exclusive agents for that building in an assignment also working alongside Brown. On top of Heritage Point, they were also the contingent which led the lease-up at Heritage Landing, 358,000 sf of space which the NKF Capital Markets team had initially produced Campanelli/TriGate as the winning bidders of the buildings and then advised them in last autumn’s disposition to separate buyers. n


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128,000-SF Lease CONTINUED FROM PAGE 12

to its ample size and being able to meet the needs of a rapidly growing business. Colliers Principal Douglas Jacoby was joined by Senior VP Steve Woelfel and Assistant VP Kevin Brawley of the Southwest team. Financial details of the lease were not divulged, but Brawley explains the landlord is making cosmetic improvements and will upgrade power as part of the lease CPI Radon has just taken control of the leased space and is doing work in advance of occupancy, according to Brawley. “Both ownership and tenant saw this as a mutually beneficial opportunity to achieve their desired goals,” he outlines. “CPI Radant will accommodate its growth in the region while simultaneously realizing efficiencies through consolidation, and Lowfield Realty Group will secure a quality, long-term tenant with aspirations to grow in the market,” adding that, “Both sides worked well together to make the transaction as seamless as possible.” The ability to consolidate operations from Clinton and Stow, plus clear heights

Four Robert Bonazzol Ave., Hudson MA

to 30 feet, efficient layout and other infrastructure aspects were among the positives deemed sufficient to get CPI Radant’s signature. The company’s products service the aerospce, defense and commercial arenas. Vincent J. Campobasso is trustee of Lowfield Realty Group Hudson LLC, an entity based in Leominster. The industrial submarket for Route 128 Central has 5.3 million sf of warehouse in-

ventory, according to a Transwestern Consulting Group survey of first quarter 2017 conditions. CPI Radon’s pact helps continue the momentum of a busy 12-month period where 370,000 sf of net positive absorption was achieved, a growth rate of 7.4 percent that has pushed vacancy to a taut 6.0 percent. TCG puts the average asking rent for warehouse in I-495 Central at $5.92 per sf, a gain of 4.2 percent YOY. n

Legacy RI Buy CONTINUED FROM PAGE 12

“This purchase represents a great fundamental real estate buy,” Price says in a press release where he points to secure long-term leases in place “that will provide a strong yield at a low basis” while adding that “we look forward to our new partnership with ProPartners in Parking.” That firm’s managing principal, Jeffrey N. Karp, offers that the industrial acquisition “represents our continued diversification strategy of investing in alternative asset classes with strong long-term yield fundamentals.” Financing for the investment was provided by Ameritas, a loan coordinated through Ed Riekstins of Northmarq. KBR, an affiliate of ProPartners in Parking, will manage the building that is within the Huntington Industrial Park, Providence’s only master-planned business cluster, an assemblage offering immediate access to Route 10 and under two miles to Interstate 95. Existing tenants at 300 Niantic Ave. include Calise Bakery, J. Polep, Rhode Island PBS and S.G. Torrice Co. The deal is

300 Niantic Ave., Providence RI

the first collaboration between Legacy and ProPartners, the latter firm specializing in the acquisition of parking assets but also pursuing other real estate opportunities on behalf of the firm and its backers. Legacy owns a portfolio of industrial, medical and office buildings throughout Massachusetts, Rhode Island and Pennsylvania.

CBRE/NE offers a full menu of commercial real estate services across New England, with offices in Connecticut, Maine, Massachusetts, New Hampshire and Rhode Island It is a joint venture with CBRE Group, a Fortune 500 firm with a global platform with over 75,000 employees worldwide. n


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