stephen vazza - vazza group purchases 321 billerica road in chelmsford, ma

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CHELMSFORD — The brokerageteam at Colliers Internationalenjoyed a measure of repeat businessafter helping the owner of 244Vanderbilt Ave. in Norwood trade thebuilding in a $4.2 million sale earlierthis month and spin the proceeds intoanother commercial property herenorth of Boston. The $6.25 million pur-chase of 321 Billerica Rd. wasbacked by $6.0 million in financingfrom East Boston Savings Bank.

“That worked out fine,” Colliersprincipal Douglas Jacoby says of thedual-pronged assignment, the 72,050-sf Chelmsford building being listed onbehalf of Deutsche Asset & WealthManagement whose predecessor,RREEF Funds, had bought the build-ing in Nov. 2005 as part of a majorportfolio of regional flex, industrialand office buildings. It is located on 4.9

THE REAL REPORT

JULY 24, 2015

A COMPENDIUM OF COMMERCIAL PROPERTY & CAPITAL NEWS

THIS WEEK’S ISSUEThree for Three . . . . . . . . . . . . . . . . . 2Reverse Commute . . . . . . . . . . . . . . . 4Hillsite Conquest . . . . . . . . . . . . . . . . 5Back on the Map . . . . . . . . . . . . . . . . 6Healthy Choices. . . . . . . . . . . . . . . . 10 BY JOE CLEMENTS

BOSTON — JLL’s Capital MarketsGroup is not marking the occasionwith any pomp or circumstance, but

the firm’s investment sales platform hasreached a milestone of sorts at the mid-year point of 2015 in securing more than ahalf-billion dollars of sales from a varietyof product types including institutionalproperties, trophy office buildings, high-end multifamily developments and indus-trial assets located throughout the region.

“We have made a lot of strides in three

Transwestern at $145M and CountingBY JOE CLEMENTS

WALTHAM — It was cer-tainly a memorable dealrare in suburban

Boston, but the $104.2 millionsale of 830 Winter St. earlierthis week was just the center-piece of a hyperactive midsum-mer spurt for the TranswesternRBJ Capital Markets team andits multi-purpose brokerage

BY JOE CLEMENTS

BOSTON — When Cresa BostonManaging Principal Joseph Sciollasays he is “tickled pink” over a new

survey among corporatereal estate executivesevaluating 23 leadingservice providers, it iseasy to understand why.The Watkins ResearchGroup review gives thehomegrown CRE adviso-ry firm that exclusively

represents tenants and space occupiersbest-in-class for all three major categoriesand first place in nine of 10 other metrics,its competition a Who’s Who of global real

estate companiesincluding Avison Young,CBRE, ColliersInternational, Cushman& Wakefield, JLL andTranswestern.

Among the three pri-mary categories, Cresa

Cresa Rules in Corporate Exec Survey

321 Billerica St., Chelmsford MA

continued on page 9

JLL Crests $500M in YTD DealsVia Lineup of NE Commitments

Two Step

William Goade Joseph Sciolla continued on page 37

continued on page 36 80 Central St., Boxborough MA

continued on page 33 745 Atlantic Ave., Boston MA

2 THE REAL REPORTER July 24, 2015

BY JOE CLEMENTS

NASHUA, NH — Their needs are aboutas diverse as one can imagine, but atrio of buyers has found suitable

commercial real estateoptions here in south-ern New Hampshire, theonly common threadsbeing broker Cushman& Wakefield which list-ed two of the propertieshere and a third inHudson and closings onthe separate transac-tions coming over thepast few weeks.

In the priciestexchange, Alec’s Shoespaid $4.32 million on1617 Southwood Dr. inNashua, presently a48,400-sf office buildingthe new owner intendsto convert into retailspace and relocate itsoperations. The seller isBrady SullivanProperties, while theNew Hampshire teamadvising that firm is led

by Thomas P. Farrelly, SIOR, SeniorDirector Denis C.J. Dancoes II andAssociate Director Sue Ann Johnson.

Farrelly terms the asset “a premier repo-sitioning opportunity” enhanced by poten-tial expansion to 78,000 sf and having an

established ownership in the middle. “Alec’sShoes is a generations-old anchor tenant indowntown Nashua with a strong customerbase,” he observes, explaining the move to1617 Southwood Dr. “allows for superior

C&W NH Team Brokers Three Sales

NATICK — Capped by a $2.8 millionexchange in June’s waning hours,TRB & Associates has eclipsed $15

million of commercial real estate sales inmetropolitan Bostonthrough mid-year of2015. Highlighted by a$6.9 million trade inBurlington this winterof four retail buildings,the latest listing to closeinvolves 104 WorcesterSt. in Natick, an empty

free-standing building totaling 10,850 sfon nearly an acre of land set along Route 9(Worcester Street). “I must say, this was agreat pleasure to represent the owner of104 Worcester St.,” Blakely says in a pressrelease issued after the asset “that we

have had the good fortune of marketingexclusively for our clients and getting thejob done to their satisfaction.”

Public records indicate BradfordNatick Realty Trust to be the seller, while104 Natick Realty LLC is the buyer. Thatgroup whose manager is Adrian E.

Colasacco secured $2.24 million in financ-ing from Middlesex Savings Bank to facili-tate its purchase. Bradford Natick RealtyTrust is managed by Antonio Ferreira andHoward I. Greenberg, owners of the assetsince paying $837,500 in Dec. 1986.

Blakely Tops $15MIn YTD Asset Sales

continued on page 34


Thomas R. Blakely

Thomas P. Farrelly

Denis C.J. Dancoes II

Sue Ann Johnson


QUINCY — The hitskeep coming interms of leasing

deals at HeritageLanding, Campanelli’srevitalized three-buildingoffice park here in NorthQuincy that has nowsigned nearly a quarter-million sf of first-classoffice space with a heavyemphasis on tenantsseeking rent relief fromdowntown Boston.Heritage’s latest raterefugee is WorldStrides,the largest student edu-cational travel organiza-tion in the US, which has leased 9,000 sf atHeritage Two where over 80 percent of the128,000 sf filled there involves companiesfrom Boston. Just 56,000 sf remains avail-able in that nine-story building.

“Seeing respected companies likeWorldStrides migrate out of Boston prop-er gives us a great amount of pride,”

Campanelli partner Dan DeMarco says in astatement to Real Reporter announcingthe latest agreement. The team thatincludes Campanelli Director of LeasingPeter Brown and exclusive agentCushman & Wakefield, “has worked hardto create a workplace on the South Shorethat is attractive to both established firms

as well as up-and-comers with our ameni-ties and competitive rental rates,” contin-ues DeMarco, “and the roster of tenantswho have signed at Heritage Landing isproof we have done our job to create avibrant, urban-style work community.”

Indeed, in the two short years since

Heritage Tops 100,000 SF in Hub Tenants


Heritage Two, Quincy MA

Daniel DeMarco David Martel

Molly Davis Colin Greenhalgh

July 24, 2015 THE REAL REPORTER 5

NEEDHAM — As its hometown rapid-ly evolves into a technology friendlybusiness destination aided greatly by

the recent return of TripAdvisor, theBulfinch Cos. is enjoy-ing the rewards of thatenergy with a pair oflease commitments atoffice properties in thecommunity totalingover 25,000 sf.

The activity includesa new agreement for8,050 sf in the HillsiteOffice Building at 75Second Ave. toKaminaro, an enter-prise-class, all-flashstorage provider relo-cating from Newton andan 18,475-sf renewal at117 Kendrick St., thewell-regarded 213,000-sf office propertyBulfinch acquired inDecember fromIntercontinental RealEstate Corp. for $52.7million. The Cutler LakeCorporate Center is in

the heart of the Needham Crossing busi-ness park where TripAdvisor is building itsnew headquarters as part of the emergingN2 Corridor promoting Needham andNewton as an innovation destination.

Enservio is a provider of contents claimmanagement software headquartered at117 Kendrick St. and happy to stay onafter having been “incredibly impressed

Bulfinch Fills 26,000 SF in Needham


BOSTON — Arbor CommercialFunding has announced its designa-tion as a Fannie Mae Seniors Housing

Delegated Underwritingand Servicing (DUS)lender. The whollyowned subsidiary ofUniondale, NY-basedArbor CommercialMortgage which hasoffices in Boston saysthe approval will now

allow Arbor to directly offer clients “someof the best fixed- and variable-rate loanproducts available in the seniors housingand healthcare market,” an arena rapidlyevolving throughout New England.

“Obtaining our Fannie Mae SeniorsHousing approval is a reflection of theexpertise and experience inherent within

Arbor’s Seniors Housing & HealthcareFinancing group, our overall commitmentto growing our Seniors Housing &Healthcare platform’s offerings and ourstrong, long-standing relationship withFannie Mae,” Arbor Chairman and CEO

Ivan Kaufman states in a press release fet-ing the designation. Kaufman adds that hisfirm’s lineup of financing availableincludes “an array of loan options rarelyseen in the business.” The seal of approval

Arbor Wins Approval inFannie Seniors Platform

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Ivan Kaufman

Michael B. Wilcox

Brian Hines

Ryan Romano


BY JOE CLEMENTS

EAST PROVIDENCE, RI — Looks like Rhode Island is start-ing to get a bit of its swagger back, or at least enough toattract institutional capital to the Ocean State after most

took leave during the brutal 2008 recession. The newest exam-ple comes in a Florida investor paying a reported $25.0 millionfor Wampanoag Plaza, a grocery anchored infill shopping centerthat was sold by Cushman & Wakefield onbehalf of USAA Realty Advisors. The buyer isSterling Organization of Palm Beach.

“That did close,” C&W retail sales memberJustin Smith acknowledges of the 225,000-sfasset while declining to verify the pricing orother details. Smith was on a team led byRobert E. Griffin Jr. and Geoff Millerd that didgenerate “a ton” of interest despite being out-side the metropolitan Boston realm whereurban retail is especially popular. According toSmith, any hope of measurable yield thesedays will require geographic flexibility in one’sinvestment platform.

“Institutional buyers are increasingly will-ing to take a look at Rhode Island or go deep-er into New Hampshire and up into Maine,” hesays. “They will consider secondary markets,and that really is a sign of the times.” Even so,he stresses, investors will be selective in theirshopping outside core areas, requiring a meas-ure of stability or upside in making the plunge.In the case of Wampanoag Plaza, there was a“special story” to tell suitors, he relays, start-ing with a visible location at the corner ofRoutes 1A and 44.

“This is a nice cash-flowing property thatwas well-maintained by USAA,” Smith says, adding that thedemographics are favorable in being thickly settled by a popula-tion filled with consumer-age residents. That has enabled theStop & Shop anchoring Wampanoag Plaza to be among the gro-cery chain’s top performers, and the lease agreement for the65,000-sf store is a long-term commitment.

Dating to 1970, Wampanoag Plaza is 97 percent occupied toa lineup of local and national tenants including Marshall’s ,

Napa Auto Parts, Payless Shoes and Savers. n

RI Plaza Fetches $25MIn Deal Listed by C&W

Two Seaport Lane I Boston, MA 02210 I 617.790.3000 I www.bg-llp.com

to our client

of 1443 Beacon Street, a 115 unit

Brookline, MA.

395 Columbia Road 0.65 acres (Parcel 1502975000)405 Columbia Road 0.62 acres (Parcel 1502976000) TOTAL 1.27 acres

• Corner lot with over 260’ of frontage on Columbia Road and over 215’ on Quincy Street

• Adjacent to one of the planned station stops for the future MBTA Indigo Line, offering direct access to South Station

Columbia R

oad

Quincy Street

Mt. Ever

ettStre

et

Stan

leySt

reet

Belle

vue

Stre

et

Transit OrientedDevelopment Opportunity

FOR SALE

395 COLUMBIA ROAD, BOSTON

www.colliers.com/boston

405

395

AUSTIN SMITH617 330 [email protected]

JAMES ELCOCK617 330 [email protected]

TONY HAYES617 330 [email protected]

Wampanoag Plaza, East Providence, RI

Robert E. Griffin Jr.

Geoff Millerd

Justin Smith

19-33 Needham Street - Newton, MA

PRIME RETAIL & OFFICE SPACE

FOR LEASE

RETAIL, MEDICAL, OFFICE SPACE

ADAM T. MEIXNER617.850.9660

[email protected]

CONTACT

www.19-33needhamstreet.com

JEREMY A. FREID617.850.9602

[email protected]

• EXIT 19A OFF I-95/ROUTE 128• ABUNDANCE OF AMENITEES• 1,211 SF TO 32,000 SF AVAILABLE• LOADING AVAILABLE • CLEAR HEIGHT 8’ TO 10’9”• AVERAGE TRAFFIC 28,000 CARS PER DAY

DOMINANT LOCATION • RARE OPPORTUNITY

MICHAEL D’HEMECOURT617.850.9670

[email protected]

HIGHLIGHTS:


MILFORD, CT — Continuing a relationship with CalareProperties, the CBRE/New England Debt & StructuredFinance team has announced a recent

loan arrangement for the investor’s 40 PepesFarm Rd. project here in southernConnecticut. First mortgage financing of$6.64 million was secured from InlandMortgage Capital on the 200,000-sf ware-house property that is 50 percent leased toBunzl Distribution Northeast Inc.

“Forty Pepes Farm Rd. is a highly desir-able property in a market with a very limitedsupply,” CBRE/NE principal Chris Couttssays of the asset that that Calare acquired inlate 2014, as previously detailed by RealReporter. According to Coutts, “CalareProperties will leverage is fully integratedoperating platform to execute a well-definedbusiness plan.”

Joining Coutts on that assignment wereCBRE/NE’s Carlos Febres-Mazzei, KyleJuszczyszyn and Taylor Shepard. Anotherattractive element of the loan is the sponsor’strack record, according to CBRE/NE whichdeems Hudson-based Calare to be the largestowner of industrial properties in metropoli-tan Boston, part of a 15.3-million-sf portfoliovalued in excess of $550 million and extend-ing across the Northeast and out to Coloradoand Texas.

CBRE/NE had previously advised Calarein securing a loan for 20 Seyon St. inWaltham. That late-2014 financing of $7.25million came from Blue Hill Banks on the94,275-sf flex/industrial building located onthe Watertown border in a rapidly improvingarea 7.5 miles from downtown Boston.

40 Pepes Farm Rd., Milford CT

CBRE/NE Arranges Loanson Calare Assets in CT, MA


Christopher Coutts

Carlos Febres-Mazzei

Kyle Juszczyszyn

Taylor Shepard


SHARON — Seven yearsafter taking over 6Merchant St., Legacy

Real Estate Ventures hasharvested the 30,300-sfflex/industrial building for aconsideration of $2.9 mil-lion. The Waltham-basedreal estate investor retained Avison Young asexclusive listing agent to market the asset thatwas acquired by Franchi Merchant Street LLPwith financing of $1.54 million provided byCambridge Savings Bank.

Avison Young principals Michael Smith andScott Jamieson joined Vice PresidentsBrandon Dickason and Bill Sullivan on the

Legacy Closes on $2.9M SaleListed Through Avison Young

The Greater Boston commercial real estate landscape has changed dramatically since 2005, with the addition of new sub-markets, an abundance of foreign capital investing in the area,and an ongoing solidification of the area’s economic fundamen-tals. As the REFA Emerging Leaders celebrate their 10 year anni-versary, we hope you will join us for a panel discussion to reflect on the last 10 years.

Immediately after the panel discussion, join us outside onGoulston & Storrs’ patio overlooking the Boston Harbor while enjoying cocktails, hors d’oeuvres, and industry networking.

register: www.gbreb.com/refa

745 Boylston St. | Boston, MA 02116 | 617.375.7900 | BRAdvisors.com

FOR SALE6-UNIT VALUE-ADD APARTMENT BUILDING

80 Richmond Street · Dorchester, MA

80RichmondSt.com

6 Merchant St., Sharon MA

WESTWOOD — In a one-two punch underscoring that landis no longer dirt cheap in metropolitan Boston, ColliersInternational principal James L. Elcock closed on a pair of

second quarter sales totaling in excess of $20million. The lion’s share came in a 12-acre par-cel at 375 Providence Hwy. in Westwoodacquired for $16.3 million by Prime MotorGroup on which the firm intends to build adealership housing a trio of motoring models,those being Acura, Audi and Porsche.

On the latter transaction, Elcock advisedRichard White Sons Properties in selling a three-

acre parcel in West Newton that traded in the final days of June ata consideration of $4.5 million, purchased by an affiliate of DinosaurCapital Partners. That group subsequently signed a 12-year lease tooperate a Verizon store from the property. Dinosaur Hear Me NowLLC borrowed $7.0 million from Blue Hills Bank to facilitate the

Elcock Land Listings Reap Clients $20M+

James L. Elcock



Michael Price Michael Smith

Scott Jamieson


244 Vanderbilt Ave., Norwood MA

acres near Exit 30 of Route 3.Dating to 1984, 321 Billerica Rd. is “a func-

tional building” that can be used for a variety ofspace needs, says Jacoby, and benefitted in hav-ing an institutional owner whose tenure incor-porated new HVAC, roofing and windows intothe two-story building that has received theEnergy Star label as a result. There is also“excellent frontage” on the expansive lot thatprovides for ample parking, according toColliers. The marketing team advising DeutscheA&W includes principal Scott Dragos withAnthony Hayes and Timothy Mulhall.

Buyer Vanderbilt Norwood LLC is man-aged by Leah Vazza. Jacoby declined to spec-ulate on what might be in store for 321Billerica Rd., but in the promotional cam-paign, the property was deemed viable forfuture upside through lease-up of existingvacancy. “The market is much improved upthere,” adds Jacoby. Occupancy was about 75percent in 321 Billerica Rd. at the time of itssale.

Vazza slipped into the Chelmsford owner-ship one day after bidding adieu to 244Vanderbilt Ave. following its sale to 244Vanderbilt LLC whose principals are AtaAtaienoghab and David Yazdi. They werefinanced by Boston Private Bank & TrustCo., which loaned $3.18 million on the 44,050-sf property. Dragos and Jacoby previously soldthe 35-year-old building to Vazza for $3.8 mil-lion in Aug. 2013 and once before that in June 2010 when theprice was $3.2 million. The building has clear heights to 22 feetand six loading docks.

With that asset tied up (for now), the Colliers crew is back upnorth of town waiting on final offers for 100 Research Dr. inWilmington, a 101,000-sf flex/laboratory building owned since2007 by the RAM Cos. of Scarborough, ME. Dragos and Jacobywere on the team which sold that asset to RAM when it was 65percent occupied. Leasing has now brought occupancy to 100percent and further value is anticipated thanks to permitsobtained allowing for site expansion on the 15-acre parcel. n

The Real Reportcontinued from page 1

FOR SALE9 UNIT ASSET IN PREMIER

NORTH END LOCATIONThis well maintained, corner building has been owned

and occupied by the same family since the 1940’s and has

WE ARE NOW OFFERING PRIVATE TOURS FOR A LIMITED TIME. CONTACT US FOR

MORE INFORMATION.

178north.com

Michael DiMella PT Vineburgh

Scott Dragos

Doug Jacoby

Anthony Hayes

Tim Mulhall

BY JOE CLEMENTS

BOSTON — A new JLL/BrandeisUniversity report studying healthcarereform’s impact on the Massachusetts

real estate realm proved a transformation-al issue to assess in a venue where“RomneyCare” has been the lay of the landfor nearly a decade, according to Mindy

Berman, practiceleader for the JLL

Healthcare Capital Markets group thatmanages 1.2 billion sf nationally for hospi-tals and other medical providers.

“We are a very appropriate market toevaluate this topic,” says Berman, termingthe state “a little laboratory” moreadvanced than other parts of the country in

universal coverage, espe-cially compared to thoseresisting changes whomay have to resign them-selves to the law follow-ing another landmark USSupreme Court rulingvalidating “ObamaCare.”Brandeis alum Bermanhad been approached byInternational BusinessSchool Professor EdwardChazen, a CRE veteranwhose “experientiallearning” classes haveincluded similar in-depthreviews of real timeissues, including one of

the MBTA surplus real estate potential andanother studying Boston’s inauguralBusiness Improvement District. A professorat Brandeis since 2011, Chazen recentlymatriculated to Boston College’s CarrollSchool of Management to continue histeaching platform.

The health care assignment conductedlast autumn had four students interviewreal estate officials at major hospitals andconduct site visits to various health sys-tems on top of compiling data on salienttrends. The final copy was recently provid-ed Real Reporter with the findings certain-ly showing seismic shifts in care delivery,perhaps most overtly by the advent ofwalk-in clinics launched through a plethoraof sponsors including an entrepreneur fromUBS and other private investors to giant

pharmacy chains, hospitals and physician’sgroups, a collective movement the studyterms “retailization” of healthcare.

“The findings were somewhat surprisingon the retailization (strategy),” saysChazen, especially rapid acceptance fromboth consumers and providers to the con-cept that has day surgery, diagnostic test-ing and low-level maladies attended to intraditional retail suites. “It’s a fascinatingbusiness model that makes a ton of sense,”says Chazen, a view shared by Berman whoobserves that “they are growing like weeds”under such national players as AFCDoctors Express and ConvenientMD, eachwith multiple units across New England.

The regional kingpin has been CVS andits MinuteClinic that has seen revenuesfrom that operation soar from $50 millionfive years ago to $200 million in 2014,according to the report that says 20 millionpatients have used a MinuteClinic and theyhave a 95 percent customer satisfaction rat-ing. The report further shows the RhodeIsland-based pharmacy and others areexpanding on a national scale, with much ofthe growth not surprisingly coming in areaswhere populations are also expanding.

“The industry is moving off the hospital

campus model into a community baseddistributed delivery system,” explainsBerman in what she calls “a quantum shiftfrom episodic-based hospital and outpa-tient centers to providing care that ismore consumer-centric and spontaneous.”Berman says she got her flu shot at BJ’sWholesale Club this past year, whileChazen points to a strip center near theBrandeis campus in Waltham that has aDoctors Express and a dental office shar-ing quarters with Panera Bread and PartyCity. Another in Chestnut Hill is in a prop-erty featuring a Wegman’s, giving care-givers options to spend time shoppingwhile their loved one or patient is tendedto at the facility which is more advancedthan most in terms of services.

That project reflects a desire amonghealthcare groups to use demographicsand income levels to place off-site centersin affluent areas, a trend that pre-datesRomneyCare but was prompted by thesame engines of having more convenientvenues for both patients and physicians,greater cost efficiency and freeing up spacefor inpatient and research needs in majorclusters such as the Longwood Medical

Longwood Medical Area, Boston MA

REAL INFO

JLL/Brandeis: Healthcare Buys into Retail

Mindy Berman

Edward Chazen




J U LY 1 0 T H

MTG: $7,900,000 from Cambridge SBADD: 70 Endicott St., Norwood BWR: ES Development LLC, managed by JanHendrik Steenbrugge

MTG: $4,940,000 from NorwoodCooperative BankADD: 124 Watertown St., WatertownBWR: Pribhu Hingorani, trustee of The Devi TR

MTG: $4,300,000 from People’s United BankADD: 2350-2370 Turnpike St., North AndoverBWR: Eric DiGrazia and Joel F. DiGrazia,trustees of the Nomid TR

MTG: $2,828,000 from Capital OneMultifamily FinanceADD: 42-44 and 62-70 Boston Rd., ChelmsfordBWR: CC Chelmsford Associates LP, managedby Joel M. Bertuzzi and Jeffrey Gorodensky

MTG: $3,500,000 from FCRE REL LLCADD: 100 and 200 Foxborough Blvd., Foxborough BWR: 100 and 200 Foxborough Boulevard LP,managed by Charles E. Harlfinger, president

BUYER: 183 Cambridge LLC, managed byMichael E. SamuelsSELLER: HT Properties LLC, mgd. by Donald SmithPRICE/ADD: $2,175,000; 183 Cambridge St.,AllstonNOTES: Industrial property, constructed 1973;building size is 3,950 sf, lot size is 9,950 sf;last sold for $1,312,500 in Dec. 2005

MTG: $2,100,000 from Eastern BankADD: 112 Greenleaf St., QuincyBWR: 112 Greenleaf Street LLC, managed byPhilip B. Boncaldo

BUYER: L&X Group LLC, managed by Lei WangSELLER: J&J West Central Realty LLC, mgd. byJames F. Daddario Sr.PRICE/ADD: $1,525,000; 505 West CentralSt., FranklinMTG: $1,100,000 from Bank of CantonNOTES: Retail property, constructed 2012;restaurant; building size is 3,125 sf, lot size isone acre; last sold for $1,100,000 in April 2009

MTG: $1,500,000 from NorthMarq CapitalADD: 325-355 Tyngsboro Rd., Dracut, and390-395 Mammoth Rd., Lowell BWR: Christos A. Katsikas, trustee ofLakeshore Realty Nominee TR

MTG: $1,500,000 from First Republic BankADD: 142 West Concord St., BostonBWR: 142 West Concord Townhouse LLC,managed by Houssam Ali-Hassan

MTG: $1,100,000 from Citizens BankADD: 23A Moulton Way, and 29 Vine St., BostonBWR: John F. Kennedy Family Service CenterInc., managed by Eileen Ward, president

J U LY 9 T H

BUYER: LSREF4 Turtle LLC, managed by LoneStar FundsSELLER: Wells REIT II-Robbins Road LLC, man-aged by Wells REITPRICE/ADD: $47,816,433; 1 and 4 RobbinsRd., WestfordNOTES: Flex properties; 1 Robbins Rd. const.1982; bldg. size is 298,000 sf, lot size is 95 acres;4 Robbins Rd. const. 2002; bldg. size is 175,725sf; portion of property seller acq. in Aug. 2005

MTG: $24,700,000 from The Guardian LifeInsurance Co. of AmericaADD: 30 Winter St., BostonBWR: TCF 30 Winter LLC, mgd. by Joseph Fallon

BUYER: Newport Realty Properties LLC, man-aged by Edward O. CacciolaSELLER: RPI Derby Realty LLC, mgd. by Brett LevyPRICE/ADD: $5,900,000; 30-36 Derby St.,Weymouth MTG: $4,400,000 from Rockland Trust Co.NOTES: Multifamily property, constructed1968; building size is 40,500 sf, lot size is1.2acres; last sold for $2,725,000 in Nov. 2010

MTG: $5,000,000 from Citizens BankADD: 5 Wayland Rd., Beverly; and 7 GardenSt., DanversBWR: Bridgewell Inc., managed by Robert S.Stearns, president; James F. Low, treasurer

MTG: $4,350,000 from The Martha’sVineyard Savings BankADD: 77 Cooke St., 22 Pease’s Point Way South,15 Tilton Way and 128 Upper Main St., Edgartown BWR: Hob Knob Inn LLC, Thaxter House LLCand 15 Tilton LLC, managed by Margaret WhiteNOTES: Mortgage also cover purchase of 15 DuaneWay, Tisbury, acq. on same day for $2,200,000

MTG: $3,000,000 from JPMorgan Chase BankADD: 170-174 Summer St., ArlingtonBWR: Campobasso Properties LLC, mgd. byHelen Campobasso and Richard Campobasso

BUYER: DF Main Street LLC, mgd. by Charles IrvingSELLER: Jodi L. Hammer, Donald E. Houghton,Madeline R. Zorzi and Peter Zorzi, South MainRealty LLC, SH Realty LLC, Joseph M. Lavinski,Judith D. Lavinski and Dale Bass, Thomas M.Bovenzi, trustee of The Main-Hubbard RealtyTR, Lucy Peterson, VIP Homes & AssociatesLLC, managed by Vladimir RuhaPRICE/ADD: $1,600,000; 14 Hubbard Ave.,aka 14 Hubbard St., 991-959 Main St. and135 and 155 Union St., Springfield

Commercial DealsMILLION DOLLAR MORTGAGES/SALES JUNE 29 - JULY 10, 2015

Nearly 10 years after acquiring Nashoba Corporate Center in Westford, Wells REIT has sold the estab-lished business park to Lone Star Funds at a consideration of $47,816,433. For that amount, Loan Starsecures the 298,000-sf One Robbins Rd. and another 160,000 sf at Four Robbins Rd., an office buildingwhich came on line in 2002, 20 years after the larger of the two was completed. One Robbins Rd. wasupdated in 1997 and offers a mix of laboratory and office space set on a 95-acre campus in the improv-ing Interstate 495 Central submarket. Lone Star’s LSREF4 Turtle paid roughly half what Wells-REIT II-Robbins Road LLC spent in Aug. 2005, that a $92.5 million exchange.



NOTES: Land parcel; lot size is 1.3 acres; formerlyresidential condominiums, const. between 1874and 1930 and converted in 1985; South CommonsCondominium; sellers acq. units at various timesbeginning in 1985; buildings demolished following2011 tornado in downtown Springfield

MTG: $1,472,000 from Institution forSavings in Newburyport and Its VicinityADD: 151-167 Cabot St., Beverly BWR: North Properties LLC, mgd. by Daniel Chansky

BUYER: Spinosa 160-162 Cross Street LLC,managed by Nicholas SpinosaSELLER: Cross Street 160-162 Enterprise LLCPRICE/ADD: $1,375,000; 160-162 Cross St.,WinchesterMTG: $1,032,000 from Citizens BankNOTES: Industrial property, constructed 1953;building size is 12,875 sf, lot size is 35,475;last sold for $1,250,000 in Aug. 2012

BUYER: Alpng Development LLC, managed byDavid F. MaherSELLER: John Stefanou and Peter StefanouPRICE/ADD: $438,000; 77-83 North St., SomervilleMTG: $1,000,000 from Catherine Lennon,trustee of The CL TRNOTES: Retail property, constructed 1920;building size is 2,925 sf, lot size is 3,050 sf;last sold for $68,000 in May 1993

J U LY 8 T H

MTG: $300,000,000 from Wells Fargo BankADD: 10, 20 and 30 Forbes Rd. and 425, 448and 450 Whitney St., Northborough BWR: Cabot II-MA1M01, M02 & M04 LLC,Cabot II-MA1M03, LLC, Cabot II-MA1MO5 LLCand Cabot II-MA1W01, LLC, managed byCabot Industrial Value II Operating PartnershipLP, Franz F. Colloredo-Mansfeld, president;Mark A. Bechard, treasurer and secretary

BUYER: WCP Computer Drive LLC, managedby Ultimaa HospitalitySELLER: IVC WHH Westborough LLC, man-aged by Investcorp InternationalPRICE/ADD: $28,000,000; 5400 ComputerDr., WestboroughMTG: $21,700,000 from Customers BankNOTES: Hotel property, const. 1984; 224rooms; building size is 167,350 sf, lot size is 6.9acres; last sold for $15,200,000 in March 2005

MTG: $8,375,000 from Needham BankADD: 363-371 and 372 Neponset Ave., BostonBWR: PA Neponset LLC, managed by PaulAdamson and Mark Cummins

BUYER: Alex M. Steinbergh, trustee of FirstMaryland Cambridge TRSELLER: Lydia Pinkham LLC, managed by RCGLLC, SomervillePRICE/ADD: $3,800,000; 271 Western Ave., LynnMTG: $2,550,000 from South Shore BankNOTES: Industrial property, constructed 1896;building size is 39,125 sf, lot size is 21,350 sf;last sold for $2,600,000 in July 2003

MTG: $2,400,000 from Radius BankADD: 668 and 674 West Center St., WestBridgewaterBWR: West Center Street Realty LLC, managedby Edward P. Bell, Brett H. Levy and Mark E. Levy

MTG: $2,300,000 from Eastern BankADD: 1-51 Meadowbrook Ln., GardnerBWR: Meadowbrook Village LLC, managed byGary Campbell

BUYER: Olympia Ave Woburn LLC, mgd. by BrendenFaber, David Hancock, and Sally French TylerSELLER: 160 Olympia Avenue LLC, managedby Dana G. DoePRICE/ADD: $1,800,000; 160 Olympia Ave., Woburn

MTG: $1,350,000 from Century B&TNOTES: Industrial property, constructed 1989;building size is 27,625 sf, lot size is 1.6 acres;last sold for $225,000 in Sept. 1981

MTG: $1,533,000 from Lowell Five Cent SBADD: Long Hill Road, BoltonBWR: Built Best Construction LLC, managedby Walter K. Eriksen

BUYER: SWDD LLC, managed by Weihui Shen SELLER: Christopher Cutter and Glenn KlausnerPRICE/ADD: $1,338,750; 2 Delldale St., WorcesterMTG: $1,004,000 from Webster Five Cents SBNOTES: Multifamily property, const. 1987; 18units building size is 17,150 sf, lot size is24,350 sf; last sold for $1.250,000 in July 2009

MTG: $1,310,000 from Abington BankADD: 335 Washington St., NorwellBWR: Comer Chaffee LLC, mgd. by Brian Comer

MTG: $1,195,000 from Webster BankADD: 37 Edgerton Dr., Units 5, 6, 7 and 8, aka39 Edgerton Dr., Falmouth



A landmark mixed-use building here in the heart of Leominster has sold for the first time since the DiscoEra, as 18-22 Main St. fetches $1,577,800 for Moben Realty Trust, a family owned entity managed byBarbara A. Fini and Debra A. Padovano that dispatched the five-story building to 18-22 Main StreetLeominster LLC, whose managers are Mark A. Crotty and Susan M. Crotty. The Crottys were backed by$1,183,000 in financing from Leominster Credit Union. Encompassing 36,000 sf, the building that has21 apartments plus several office and retail suites last changed hands in Dec. 1978 when Moben Inc.founders Benito Fini and Morris Schwartz paid a mere $115,400—10 times and change less than whatit has now yielded.

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BWR: ASC Surgeons of Cape Cod LLC, man-aged by Garry L. Blake and Patrick J. Flynn

MTG: $1,067,801 from TD BankADD: 31 Lawson Rd., Scituate BWR: CIL Realty of Massachusetts Incorporated,mgd. by Kent M. Schwendy, president

BUYER: Martha’s Vineyard Savings BankSELLER: Santander BankPRICE/ADD: $1,006,000; 517 South Rd., ChilmarkNOTES: Retail property, constructed 1965; bankbranch; building size is 1,825 sf, lot size is 39,200sf; property’s prior sale occurred in Dec. 1979

MTG: $1,000,000 from Enterprise B&T Co.ADD: 39 Quarry Rd. and 760 Main St., ActonBWR: Bentley Building Corp., managed byMark H. White, president and treasurer

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MTG: $245,000,000 from UBS Real EstateSecurities Inc.ADD: 185 Cambridge St., U-A, BostonBWR: DMP CR Plaza LLC, managed by Paul R.Marcus, president; Jonathan G. Davis, treasurer

BUYER: Briston Arms Preservation AssociatesLP, managed by Preservation of AffordableHousing Inc., Aaron Gornstein, presidentSELLER: Briston Arms LLC, managed by JohnB. Sullivan Jr. and Thomas F. SullivanPRICE/ADD: $42,500,000; 237-255 GardenSt., CambridgeMTG: $1,852,286 from Richard C. Rossi,trustee of Cambridge Affordable HousingTR, $3,700,000 and $4,807,000 fromPreservation of Affordable Housing LLCand $9,315,900 and $35,789,000 fromMassachusetts Housing Finance AgencyNOTES: Multifamily property, const. 1972; 154units in six bldgs. totaling 127,925 sf, lot size is 3.3acres; last sold for $5,684,580.12 in Dec. 2005

MTG: $10,250,000 from American EquityInvestment Life Insurance Co.ADD: 160-164 Reservoir St., HoldenBWR: Holden Commons LLC, managed byMark S. MisencikBUYER: BRE APEX Property Owner LLC, man-aged by Blackstone Real Estate PartnersSELLER: Tewkstps LLC, managed by PinnacleManagement Co., Palm Beach FLPRICE/ADD: $6,900,000; 20 International Pl.,Tewksbury NOTES: Hotel property, constructed 1998; firstbuilding size is 26,450 sf, lot size is 2.8 acres;second building size is 25,575 sf; last sold for$4,600,000 in Oct. 2014

MTG: $3,262,263 from Digital Federal CUADD: 255 Hampstead St., MethuenBWR: RIT Corp., mgd. by Rajender Malhotra, pres.

BUYER: HRES Lawrence LLC, managed byHamilton E. Hunt Jr., presidentSELLER: H.J. Nassar Motor Co. Inc., managedby Henry J. Nassar Jr., presidentPRICE/ADD: $850,000; 322 South Broadway,Lawrence MTG: $1,775,000 from Branch B&TNOTES: Land parcel; lot size is 40,500 sf; lastsold for $500,000 in May 1986

MTG: $1,650,000 from Millbury Savings BankADD: 14 Curve St. 30 High St., 147Providence Rd. and 99 West Main St., MillburyBWR: JJL Properties Inc. and Millbury Self StorageLLC, mgd. by Edward Santon III, pres. & treas.

BUYER: Oxford Estates LLC, managed byGeoffrey N. Valletta, president and treasurerSELLER: Andrew Howard, Judith Howard,Philip Howard, Janice Hromi and Carol WhelanPRICE/ADD: $1,200,000; 2 Atwood Ave. and1159-1171 Washington St., NorwoodMTG: $900,000 from The Village BankNOTES: Mixed-use properties; 2 Atwood Ave. athree-family property, const. 1924; building sizeis 2,900 sf, lot size is 18,725 sf; 1159-1171Washington St. a mixed-use property, const.1918; six apartments and retail space; buildingsize is 5,800 sf; 8743/38 in Sept. 1990

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MTG: $7,300,000 from Webster BankADD: 8 Seafood Way, BostonBWR: APCA Harbor Seafood LLC, managed byParadigm Properties

BUYER: 10 Linscott Rd LLC, mgd. by Vitaly Zaretsky SELLER: Farnsworth Corp., mgd. by Franklin S.Shear, president; S. Harold Shear, treasurer PRICE/ADD: $1,525,000; 10 Linscott Rd., Woburn MTG: $606,000 from Farnsworth Corp.NOTES: Industrial property, constructed 1984;building size is 16,925 sf, lot size is 1.1 acres;last sold for $675,000 in May 1994

MTG: $1,000,000 from Rockland Trust Co.ADD: 200-206 Franklin St., CambridgeBWR: Edward D. Cacciola

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BUYER: 18-22 Main Street Leominster LLC,managed by Mark Crotty and Susan CrottySELLER: Barbara A. Fini and Debra A.Padovano, trustees of The Moben Realty TRPRICE/ADD: $1,577,800; 18-22 Main St., LeominsterMTG: $1,183,000 from Leominster CUNOTES: Mixed-use property in downtown district;bldg. size is 36,000 sf, lot size is 14,525 sf; 21 apart-ments, four retail spaces and six office suites; sellers’family acq. property for $115,400 in Dec. 1978.




LLCs managed by Robert S. Korff have paid a combined $12,550,000 for two Citizens Bank branches inBoston and Cambridge, the most spent being $7,050,000 for 225 Cambridge St. (pictured above) in thelatter city’s Lechmere District. Commerce Bank & Trust loaned Mark Lechmere LLC $7,593,750 for the3,725-sf building that dates to 1970. It is at the key intersection of Cambridge and Third Streets. MarkKenmore LLC bought 560 Commonwealth Ave. in the Hub’s Kenmore Square with $4,162,500 againthrough Commerce Bank & Trust. The 5,400-sf branch on 2,500 sf previously sold for $227,256 in Nov.1996 versus $252,000 in Dec. 1986 for 225 Cambridge St.

MTG: $1,160,000 from MutualOne BankADD: 130 Main St. Northborough BWR: TShay LLC, managed by Timothy D. Shay

BUYER: Howe Investment Properties LLC,managed by Robert H. HoweSELLER: Dorr Aviation Inc., managed byMelbourne Dorr, president and treasurer PRICE/ADD: $835,000; 78 Sutton Ave., OxfordMTG: $1,130,000 from American BusinessLending Inc.NOTES: Office property, constructed 1880;building size is 1,575 sf, lot size is 1.8 acres;last sold for $360,000 in May 2004

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MTG: $100,000,000 from John HancockLife Insurance Co.ADD: 200 Boylston St., BostonBWR: FSH Boylston Inc., managed by Ali A.Juffali; Gerard T. Teto, treasurer

BUYER: JDMD Owner LLC, managed by CenterCourt PropertiesSELLER: Suffolk University, managed byMargaret McKenna, presidentPRICE/ADD: $43,500,000; 33, 35, 39-41, 51and 61 Temple St., BostonNOTES: Tax-exempt properties; buildings total176,000 sf, lot size totals 27,750 sf

BUYER: 100 BBP LLC, managed by CharlesRiver Realty InvestorsSELLER: LSREF2 Clover Property 13 LLC, mgd.by Lone Star FundsPRICE/ADD: $23,400,000; 100 Meadow Rd.,BostonNOTES: Industrial property, constructed 1977,renovated 1985; building size is 192,725 sf, lotsize is 28.2 acres; portion of property selleracquired via foreclosure in Nov. 2012

MTG: $7,950,000 from Middlesex Savings BankADD: 100 Old River Rd., AndoverBWR: Casa Properties LLC, managed by JerryGuo, Gary Hall and Lucy Xie

BUYER: Vanderbilt Norwood LLC, managed byLeah S. VazzaSELLER: RREEF America Reit III-Z1 LLC, man-aged by Deutsche Asset & WealthManagementPRICE/ADD: $6,250,000; 321 Billerica Rd.,ChelmsfordMTG: $6,000,000 from East BostonSavings BankNOTES: Industrial property, constructed 1985;building size is 69,250 sf, lot size is 4.9 acres;last sold for $2,528,698 in Nov. 2005

MTG: $5,000,000 from Eastern BankADD: 125 Lundquist Dr., BraintreeBWR: Messina Commercial Properties LLC, mgd.by Francis X Messina Jr., president and treasurer

BUYER: 23-27 Church LLC, managed by MarkA. Medlinsky SELLER: Mitreon Partners LLC, mgd. by Mark C. LuPRICE/ADD: $4,195,000; 23 Church St., aka25 Church St., aka 25-27 Church St., BostonMTG: $2,200,000* from First Republic BankNOTES: Multifamily property, const. 1899, reno-vated 1983; four- to six units; building size is4,025 sf, lot size is 3,450 sf; last sold for$2,225,000 in May 2007; *construction mortgage

MTG: $3,510,000 from People’s United BankADD: 1318 Commonwealth Ave., Units 1-3,3A, 4-10, 10A, 11-12, 12A, 14-19, 19A and20-23, BostonBWR: Mordecai Danesh and Sieon Sanieoff,trustees of The 1318 Commonwealth Avenue TR

MTG: $2,600,000 from Cambridge Trust Co.ADD: 50 Milk St., BostonBWR: CIC 50 Milk LLC, managed byCambridge Innovation Center

BUYER: Bellingham Investments Inc., man-aged by Carl McKenzie, president and treasurerSELLER: R&T Realty Corp., managed byRobert L. Couture, president and treasurerPRICE/ADD: $2,586,513; 125 Depot St.,Bellingham MTG: $2,586,513 from UniBank for SavingsNOTES: Industrial property, constructed 1975;building size is 86,975 sf, lot size is 8.5 acres;last sold for $1,750,000 in Oct. 2009

BUYER: Everett Co-operative BankSELLER: Eastern Bank, mgd. by Thomas Dunn IIIPRICE/ADD: $1,900,000; 771 Salem St., LynnfieldNOTES: Retail property, const. 1960; bank;building size is 2,825 sf, lot size is 16,125 sf;seller’s ownership in property dates to April 1974

MTG: $1,750,000 from Peoples United BankADD: 827-837 Highland Ave., Needham BWR: Allied Capital Properties Inc., managedby Mordecai Danesh

BUYER: Buckingham Brown & Nichols SchoolSELLER: CPL Paul Marsoubian Post 41 AmvestInc., managed by Edward Herosian, president’Samuel Zouranjian, treasurerPRICE/ADD: $1,500,000; 215 Grove St., WatertownNOTES: Tax-exempt property, constructed1960; building size is 5,075 sf, lot size is29,000 sf; seller’s ownership in property datesto Feb. 1964; 10466/439 …

MTG: $1,250,000 from Boston PrivateBank and Trust Co.ADD: 94 Massachusetts Ave., Arlington BWR:s 94 Massachusetts Avenue LLC, mgd. byJoshua Rosenfield and Philip Rosenfield

MTG: $1,250,000 from Boston Private B&T Co.ADD: 831 Washington St., Hanover BWR: 831 Washington Street RRP LLC, mgd.by Joshua Rosenfield and Philip Rosenfield

MTG: $1,250,000 from Boston Private B&T Co.ADD: 18 Terry Ave., BurlingtonBWR: 18 Terry Avenue LLC, managed byJoshua Rosenfield and Philip Rosenfield




The 27,625-sf flex/industrial property in Woburn that once housed operations for 99 Restaurants Inc. haschanged hands for $1,800,000 as the former owners of the chain trade 160 Olympia Ave. to OlympiaAve Woburn LLC and its managers Brenden C. Faber, David Hancock and Sally French Tyler. Dana G. Doe,a member of the Doe clan which made the 99 brand a New England restaurant staple, is listed in theRegistry of Deeds documents involving sale of the 26-year-old building that was financed for the buyersthrough Century Bank and Trust and its mortgage of $1,350,000. The 1.6-acre property acquired for$225,000 in Sept. 1981 is set close to Route 128/I-95, a location that has invited several otherflex/industrial facilities to Olympia Avenue.



MTG: $1,150,000 from Boston PrivateBank & Trust Co.ADD: 94 Drum Hill Rd., Chelmsford; 1080Worcester Rd., Framingham; and 341 and 345-351 North Ave., WakefieldBWR: JNCR 94 Drum Hill Road LLC JNCR1080 Worcester Road LLC and JNCR NorthAvenue LLC, managed by Robert J. Rosenfield

MTG: $1,225,000 from HinghamInstitution for SavingsADD: 24 Lewis Ct., Hingham BWR: 26 Lewis Court LP, managed by John A.Woodin, president and treasurer

BUYER: Casson Real Estate LLC, managed byJohn L. Wheatley III; and Karen C. WheatleySELLER: Robert D. Cunningham PRICE/ADD: $1,100,000; 327 Woburn St., LexingtonMTG: $550,000 from Citizens BankNOTES: Retail property, constructed 1956;building size is 3,325 sf, lot size is 11,000 sf;20302/148 in Jan. 1990

BUYER: 1000 LLC, managed by David RussellSELLER: Old Stone Estates LLC, managed byErik SchaeferPRICE/ADD: $1,062,500; 28A, 29A, 30A and31A Old Stone Cir., BoltonMTG: $1,796,875 from EverettCooperative BankNOTES: Land parcels; lots total 5.1 acres; por-tion of property seller acquired in Nov. 2013

BUYER: Cambridge Professional Center LLC,managed by Adam M. RobertsSELLER: Michael JansonPRICE/ADD: $1,025,000; 2557Massachusetts Ave., CambridgeMTG: $717,500 from Leader BankNOTES: Office property, constructed 1320;building size is 2,600 sf, lot size is 3.875 sf;last sold for $75,000 in Sept. 1982

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BUYER: 1443 Beacon LLC, managed by PeterF. Poras, treasurer SELLER: Brookline Associates LP, managed byRoberta SydneyPRICE/ADD: $73,500,000; 1443 Beacon St.,BrooklineMTG: $45,000,000 from Peoples United BankNOTES: Multifamily property, const. 1940; 115units; bldg. size is 137,400 sf, lot size is 1.4 acres

MTG: $20,500,000 from Eastern BankADD: 95 Billerica Ave., Billerica BWR: Taurus Billerica Top LLC, mgd. by TaurusInvestment Holdings; Peter A. Merrigan, president

BUYER: AMR Real Estate Holdings-WestwoodLLC, managed by Matthew McGovernSELLER: Francis Perry III and William Walker Jr.PRICE/ADD: $16,300,000; 371-375 and 411Providence Hwy., WestwoodMTG: $13,040,000 from M&T BankNOTES: Industrial properties; 371-375 ProvidenceHwy. const. 1966; bldg. size is 91,625 sf, lot sizeis 7.2 acres; 411 Providence Hwy. const. 1959;bldg. size is 54,650 sf, lot size is five acres; sellersownership in property dates to June 1986

BUYER: 7 Loring Hills Avenue LLC, managedby Avi LipschutzSELLER: Grosvenor Healthcare LP, managed byRichard Salter, president; Robert Salter, treasurer PRICE/ADD: $10,800,000; 7 Loring Hills Ave., SalemMTG: $16,200,000 from Oxford FinanceNOTES: Nursing facility, constructed 1993;building size is 51,250 sf, lot size is two acres’last sold for $1,200,000 in April 1993

MTG: $9,000,000 from Eastern BankADD: 505 Paradise Rd., SwampscottBWR: 505 Paradise Road LLC, managed byAndrew B. Rose, president

BUYER: Mark Lechmere LLC, managed byRobert S. KorffSELLER: Citizens Bank, fka RBS Citizens BankPRICE/ADD: $7,050,000; 225 Cambridge St.,CambridgeMTG: $7,593,750 from Commerce B&T Co.

NOTES: Retail property, const. 1970; bankbranch; building size is 3,725 sf, lot size is17,975 sf; last sold for $252,000 in Dec. 1986

BUYER: Mark Kenmore LLC, mgd. by Robert KorffSELLER: Citizens Bank, fka RBS Citizens BankPRICE/ADD: $5,500,000; 560Commonwealth Ave., BostonMTG: $4,162,500 from Commerce B&T Co.NOTES: Retail property; bank branch; buildingsize is 5,400 sf, lot size is 2,500 sf; last soldfor $227,256 in Nov. 1996

MTG: $4,550,000 from GreystoneServicing Corp.ADD: 31 Peterborough St., BostonBWR: Charles C. Hajjar, trustee of ThePeterborough Realty TR

MTG: $4,300,000 from Eagle BankADD: 310-312 Northern Ave., Units 1,1B and 1C, BostonBWR: Brett K LLC, managed by Leon WeinsteinMTG: $3,420,000 from Country Bank forSavings ADD: 333 Southwest Cutoff, Northborough BWR: 333 Building One LLC, mgd. by Paul Winters

MTG: $3,300,000 from North ShoreCooperative BankADD: 5 Federal St. and 28 Harbor St., DanversBWR: Jeremy S. Lee and William E. Lee




Blackstone Real Estate Partners has bought into the suburban Boston hotel scene with its $6,900,000purchase of a Tewksbury hotel property from an entity run by Pinnacle Management of Palm Beach. Seton 2.8 acres close to Interstate 495 and the New Hampshire border, the two-building complex at 20International Pl. totals 52,000 sf. It came on line in 1998 and last brought $4,600,000 in a sale this pastOctober.

BUYER: Mark Lechmere LLC, managed byRobert S. KorffSELLER: Noureddine Maslak and RosanneAmore-MaslakPRICE/ADD: $3,125,000; 207-209 CambridgeSt., CambridgeMTG: $7,593,750 from Commerce B&T Co.NOTES: Mixed-use property, constructed1910; building size is 3.675 sf, lot size is 5,025sf; last sold for $335,000 in Oct. 2010

BUYER: North Shore Residential DevelopmentInc., mgd. by Ronald Lopez, pres. and treas.SELLER: John Corssino and Barbara Ann RudnickPRICE/ADD: $1,510,000; 20-22 and 28-30Guild Rd., Needham MTG: $1,632,500 from Patriot Community Bank

MTG: $1,000,000 from JPMorgan Chase BankADD: 227 Harvard Ave., AllstonBWR: V Maureen Family LP, managed by AdamC. Roberts

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BUYER: 10-20 Channel Center PropertyOwner LLC, managed by Callahan CapitalPartners and Ivanhoe CambridgeSELLER: BCSP 10/20 Channel Center PropertyLLC, managed by Beacon Capital PartnersPRICE/ADD: $100,000,000; 10 and 20Channel Ctr., BostonNOTES: Office properties, const. 1919, renovated2012; buildings total 251,000 sf, lot size is 1.5acres; last sold for $62,000,000 in June 2013

MTG: $20,500,000 from Eastern BankADD: 400 Riverpark Dr., North Reading BWR: Riverpark Investors LP, managed byTaurus Investment Holdings

MTG: $9,500,000 from Cambridge Trust Co.ADD: 884-888 Massachusetts Ave., CambridgeBWR: JEMTAK Realty LLC, managed byTheodore A. Papas

MTG: $9,300,000 from Berkley Point CapitalADD: 256 Shute St., EverettBWR: Regency North Apartments LLC, man-aged by Joseph A. DiNanno

MTG: $7,000,000 from Country Bank for SavingsADD: 220 Brooks St., WorcesterBWR: Brooks Street Developers LLC, managedby Meletios D. Chacharone

MTG: $5,620,000 from GreystoneServicing Corp.ADD: 208 Winthrop Rd., BrooklineBWR: Nora LLC, managed by Anwar Faisal

BUYER: Dinosaur Hear Me Now LLC, managedby Mark T. Dufton and Scott I. Oran SELLER: Richard White Sons Properties Inc.,managed by Donald E. White, president;William White, treasurerPRICE/ADD: $5,400,000; 70 Rowe St., NewtonMTG: $7,000,000 from Blue Hills BankNOTES: Office building; building size is11,575 sf, lot size is 2.5 acres; sellers’ familyownership in property dates to Jan. 1997

BUYER: Dot Block LLC, managed by DemetriosJames DascoSELLER: Dorchester Plaza LLC, managed byBinh Tran NguyenPRICE/ADD: $5,250,000; 1207 DorchesterAve., BostonMTG: $5,835,000 from Bank of New EnglandNOTES: Industrial property, constructed 1920;building size is 129,250 sf, lot size is 157,850sf; last sold for $4,000,000 in Nov. 2009

MTG: $4,770,000 from Country Bank forSavingsADD: 12 Camp Rd. and 660 and 690 MainSt., SturbridgeBWR: Old Road Realty LLC, managed byMeletios D. Chacharone

MTG: $3,150,000 from Middlesex Savings BankADD: 150, 161, 210 and 214 Kuniholm Dr., HollistonBWR: New Englander LLC, managed byAndrew I. Sacher, president; John R. Parsons,Jr., treasurer

MTG: $1,500,000 from Enterprise B&T Co.ADD: 3 Carroll Rd., North GraftonBWR: Lakeview Manor LLC, managed byGordon W. Lewis Jr.

MTG: $2,900,000 from United BankADD: 154-156 Austin St., 82 Elm St. and 4-6Gates St. and 27-29 West St., Worcester BWR: Austin Street Investments LLC, CapitalProperty Investments LLC, Charles Capital LLC and82 Elm Street Realty TR, managed by Felicio Lana

BUYER: 104 Natick Realty LLC, managed byAdrian E. Colasacco and Anthony C. ColasaccoSELLER: Antonio Ferreira and Howard GreenbergPRICE/ADD: $2,800,000; 104 Worcester Rd., NatickMTG: $2,240,000 from Middlesex SBNOTES: Retail property; building size is10,850 sf, lot size is 37,025 sf; last sold for$837,500 in Dec. 1986

BUYER: Alfa Donuts LLC, mgd. by Dinart SerpaSELLER: Winchendon Plaza LLC, managed byCarl Christie and John McGrailPRICE/ADD: $2,400,000; 15-51 Central St.,Winchendon MTG: $1,894,000 from Bank Rhode IslandNOTES: Retail property; building size is30,000 sf, lot size is 2.2 acres; last sold for1,925,000 in Sept. 2004

MTG: $2,240,000 from Middlesex SBADD: 86 Worcester Rd., NatickBWR: Colasacco Natick Realty LLC, mgd. byAdrian E. Colasacco and Anthony C. Colasacco

BUYER: KYND Properties LLC, managed byPeter M. DeLucaSELLER: Del Realty LP, mgd. by RichardDeLucaPRICE/ADDRES: $2,150,000; 216 and 234Bridge St., WeymouthMTG: $1,612,500 from Eastern Bank




Digital Federal Credit Union has refinanced a popular self-storage facility at 255 Hampstead St. inMethuen. The $3,262,263 mortgage was delivered to RIT Corp., whose president is Rajender Malhotra.DCU knows the asset well, having loaned RIT financing on 255 Hampstead St. as far back as June 2005and again in Dec. 2013, instruments secured by the 4.1 acre site Malhotra paid $100,000 for in April1998 prior to opening the 36,850-sf self-storage operation in 2000.



NOTES: Retail properties, constructed 1970;first building size is 10,400 sf, lot size is 1.1acres; second building size is 4,425 sf; lastsold for $1,780,000 in April 2011

BUYER: 73 State Street LLC, managed byAndrew M. CohenSELLER: 59 Interstate Drive LLC, managed byGerard N. AubreyPRICE/ADD: $2,100,000; 59 Interstate Dr.,West SpringfieldNOTES: Office property, constructed 1987;building size is 22,800 sf, lot size is 2.6 acres;last sold for $1,455,000 in Aug. 2003

BUYER: Dwight Group LLC, managed by BrianJ. FitzgeraldSELLER: Hallmark Partners LLC, managed byKyle AnnulliPRICE/ADD: $2,080,000; 24 Dwight St., AgawamNOTES: Multifamily property, const. 1968; 38 units;bldg. size is 33,475 sf, lot size is 1.3 acres; seller’sfamily ownership in property dates to March 1968

MTG: $2,000,000 from First Republic BankADD: 64 Charlesgate East, Units B2, 56, 58,66, 68, 71, 77, 78, 83, 84 and 87, BostonBWR: 84 C.E. Realty LLC, mgd. by Mark Medlinsky

MTG: $1,800,000 from Worker’s Credit UnionADD: 47-57 New St., CambridgeBWR: New Street LLC, mgd. by Jack Markarian

MTG: $1,445,000 from First Commons BankADD: 39 Julian St., 51 King St., 20 NorwoodSt. and 86 Standard St., BostonBWR: Cambridge Street Realty LLC, managedby Bruce E. Efron and Laura S. Efron

MTG: $1,412,000 from Berkshire BankADD: 49-49A Day St., SomervilleBWR: New Day Properties LLC, managed byDennis Serrano

MTG: $1,385,000 from Everett Co-opera-tive BankADD: 22-24 and 30-32 Elmira St. and 9 SouthWaverly St., BrightonBWR: Elmira Properties Inc. and South WaverlyRealty Inc., mgd. by Patrick Maloney, president

MTG: $3,120,000 from East Boston SBADD: $1,300,000; 202, 204, 206 H St., BostonBWR: MJ Venture LLC, managed by Joseph P.Bisognano III and Matthew Morgan

BUYER: Boylston AMA Realty Ventures LLC,managed by Alexander ArgirosSELLER: Six Forty Seven Boylston LLC, man-aged by John McGrail

PRICE/ADD: $1,202,300; 647 Boylston St.,U-3C, BostonMTG: $1,830,000 from Northern B&T Co.NOTES: Commercial condo; unit size is 4,200 sf;portion of property acq. by seller in Sept. 2014

BUYER: P&N Investments LLC, managed byMatthew Newman and Tanner PayneSELLER: 12 Mews LLC, mgd. by Fredric MargolisPRICE/ADD: $1,150,000; 166 Union Ave.,Framingham MTG: $920,000 from The Cooperative BankNOTES: Multifamily property, constructed1920; building size is 8,825 sf, lot size is 8,000sf; last sold for $787,500 in Feb. 2013

BUYER: 404 Centre LLC, mgd. by Alexander Peselman SELLER: Blanca E. BonillaPRICE/ADD: $989,000; 404 Centre St., Jamaica Plain

MTG: $1,017,010* from Walpole Co-oper-ative BankNOTES: Three-family property, const. 1930; bldg.size is 3,525 sf, lot size is 3,525 sf; seller’s familyacquired property for $125,000 in Aug. 1985;*commercial mortgage for residential property

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MTG: $40,000,000 from Midcap Financial TrustADD: 100 Federal St., AndoverBWR: Sarepta Therapeutics Inc., managed byChristopher Garabedian, president

MTG: $31,921,400 from Citizens BankADD: 16 Berry St., AndoverBWR: North Andover Holdings LLC, managedby Andrew K. Dolben and Eric B. Loth, Jr.


Webster Five Cents Savings Bank has loaned $1,004,000 to an entity managed by Weihui Shen used toacquire an 18-unit apartment building at 2 Delldale St. in Worcester for $1,338,750 from Christopher D.Cutter and Glenn S. Klausner. Dating to 1987, the 17,150-sf property located on just over a half-acre hadbeen owned by the sellers since paying $1,250,000 in July 2009. Shen purchased it through SWDD LLC.


UniBank for Savings has provided Bellingham Investments Inc. and its President Carl McKenzie with 100percent financing to buy 125 Depot St. in Bellingham for $2,586,513 from R&T Realty Corp. The 40-year-old industrial building that totals 86,975 sf is located on 8.5 acres and owned by R&T Realty Corp. sincepaying $1,750,000 in Oct. 2009. That group is led by President Robert L. Couture.



BUYER: 26 Princeton LLC, managed byAlexander J. HodaraSELLER: Dorothy R. ArcadipanePRICE/ADD: $615,000; 26 Princeton St., E. BostonMTG: $13,500,000* from Shem Creek EastBoston HG LLCNOTES: Three-family property, const. 1900; bldg.size is 4,175 sf, lot size is 2,500 sf; *mortgagecovers multiple properties acquired by borrower

BUYER: M/A-Com Technology Solutions Inc.,managed by John Croteau, president; RobertMcMullan, treasurer SELLER: Cobham Properties LLC, managed byBruce Almquist, president; Betty Bible; treasurer PRICE/ADD: $8,250,000; 100 and 144Chelmsford St., LowellNOTES: Land parcels; lot size totals 9.7 acres;last sold for $8,900,000 in Sept. 2008

MTG: $1,000,000 and $6,500,000 fromEnterprise Bank & Trust Co.ADD: 400-404 Haverhill St. and 6-8, 24, 32,34 and 37-39 West St., LawrenceBWR: Lawrence Family Development andEducation Fund Inc., mgd. by John Housiantis,president; Gregory W. Spurr III, treasurer

BUYER: MA SVC LLC, mgd. by Joseph LaforgiaSELLER: Merchant Palmer LLC, managed byLarry NirenbergPRICE/ADD: $4,842,875; 1001 Thorndike St., PalmerNOTES: Retail property, constructed 2000;building size is 10,125 sf, lot size is 1.2 acres;property last sold for $800,000 in Dec. 1999

BUYER: Weinman Properties LLC, managed byTalya Rabina and Zachary Weinman SELLER: Stephen Carr & Louise Juliber Elving PRICE/ADD: $3,250,000; 1385 CambridgeSt., CambridgeMTG: $5,500,000 from Tribina L.P.NOTES: Mixed-use property, constructed1982; office and retail space; building size is9,000 sf, lot size is 4,400 sf; last sold for$265,000 in Feb. 1982

MTG: $2,200,000 from Metro Credit UnionADD: 615 Broadway, aka 4 Gerrish Ave., ChelseaBWR: Gerrish TND Inc., mgd. by Ann Houston

MTG: $1,600,000 from MansfieldCooperative BankADD: 1615 Beacon St. WabanBWR: 1615 Beacon LLC, mgd. by CharlesAggouras, Amos Eisenberg and Michael Moskowitz

BUYER: Sturbridge LQ LLC, managed byMazhar I. SheikhSELLER: JHM Village LLC, mgd. by Ashok PatelPRICE/ADD: $1,200,000; 478 Main St.,SturbridgeNOTES: Hotel property, constructed 1987;building size is 28,375 sf, lot size is 1.8 acres;last sold for $3,275,000 in Sept. 2008

MTG: $1,197,000 from Bostex Investment LLCADD: 51 Howard St., Watertown BWR: Coppola Real Estate Holding Co. LLC,managed by Mark D. Coppola

MTG: $1,000,000 from Avidia BankADD: 3689 Greenwich Rd. and 561 ThresherRd., HardwickBWR: Kathleen Stillman and Rebecca Stillman



ADVERTIS ING INFO: [email protected]

Not long after Santander Bank shuttered its branch here in Chilmark that for many years was occupiedby Sovereign Bank, Martha’s Vineyard Savings Bank has taken the helm and intends to occupy 517 SouthRd. after paying $1,006,000 for the 50-year-old building that encompasses 1,825 sf on a 39,200-sf par-cel in the town center. Predecessors of Santander Bank, which bought Sovereign earlier this decade, hadheld 517 South Rd. back to Dec. 1979.

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North EndJune 2012


J U N E 1 9 T H

MTG: $6,000,000 from Needham BankADD: 141 Meadowbrook Rd., WestonBWR: David Graham Robinson Jr. and JeanneJai-Yin Yu

MTG: $2,800,000 from Northern B&T Co.ADD: 55 Harris St., ActonBWR: Beth Ann Sloan and Donald Sloan

BUYER: Daniel V. Calano, Daniel ThompsonCalano and Kate F. ThompsonSELLER: Adam House Sr. and Vanessa HousePRICE/ADD: $2,700,000; 50 River St., BostonNOTES: Single-family Rowhouse, const. 1890;house size is 2,575 sf, lot size is 760 sf; 3 bedroomsand 3.5 baths; last sold for $2,600,000 in Oct. 2013

BUYER: Anna Greka and Peter H. MundelSELLER: Ellen Goodman PRICE/ADD: $2,650,000; 5 Hawes St., BrooklineMTG: $1,987,500 from Boston Private B&T Co.NOTES: Single-Family Rowhouse, const. 1865;house size is 4,100 sf, lot size is 10,450 sf; fivebedrooms and 4.5 baths; last sold for $235,000in May 1982; Declaration of Homestead

BUYER: Jinlei Liu and Chao Wang SELLER: 51 Parker Terrace LLC, managed byVadim KaganPRICE/ADD: $2,000,000; 51 Parker Ter., Newton MTG: $1,450,000 from First Republic BankNOTES: Single-family Colonial, const. 2015;house size is 5,900 sf, lot size is 10,025 sf; sevenbdrms. and 5.5 baths; last sold for $750,000 inMarch 2014; Declaration of Homestead

BUYER: Jeanne Pelletier and Steven Pelletier SELLER: David Sandals and Eliza Sandals PRICE/ADD: $2,000,000; 4 Pelham Ter., BostonNOTES: Single-family Rowhouse, const. 1890;house size 2,500 sf, lot size is 1,350 sf; fivebedrooms and 1.5 baths; last sold for $995,000in April 2011; Declaration of Homestead

BUYER: Edward C. PrestonSELLER: Vincent R. Leo, trustee of theStonefield Estates Nominee TRPRICE/ADD: $1,840,000; 4 Stonefield Cir.,WinchesterMTG: $1,472,000 from Wells Fargo BankNOTES: Single-family Colonial, const. 1987;house size is 5,625 sf, lot size is 13,325 sf; fourbedrooms and 2.5 baths; seller’s family ownershipdates to Oct. 2007; Declaration of Homestead

BUYER: Divya Mani and Vicente Piedrahita SELLER: Margaret Royston and Richard RoystonPRICE/ADD: $1,675,000; 331 Shawmut Ave.,U-1, Boston

MTG: $1,340,000 from First Republic BankNOTES: Unit in low-rise condominium; unitsize is 1,700 sf; three bedrooms and threebaths; unit last sold for $969,000 in March2007; Declaration of Homestead

BUYER: Jennifer Devereaux and Sean DevereauxSELLER: Tara A. Robinson, trustee of TheOliver H.P. Robinson Irrevocable TRPRICE/ADD: $1,575,000; 418Commonwealth Ave., NewtonMTG: $1,181,250 from RBS CitizensNOTES: Single-family Colonial, const. 1901;house size is 3,125, lot size is 12,875 sf; fivebdrms. and 4.5 baths; last sold for $863,000in June 2006; Declaration of Homestead

BUYER: David P. Jordan and Mary Ann Jordan SELLER: David D. Miree and Lisa R. MireePRICE/ADD: $1,555,000; 28 CrosswoodsPath, WalpoleMTG: $855,000 from UniBank NOTES: Single-family Colonial, const. 2001;house size is 5,200 sf, lot size is 1.8 acres; fivebdrms. and 5.5 baths; last sold for $1,475,000in June 2011; Declaration of Homestead

BUYER: Jianwei Dong and Jinghui WuSELLER: Elite Home Builders LLC, managed bySteven F. VenincasaPRICE/ADD: $1,482,500; 85 Manor Ave.,Wellesley MTG: $1,050,000 from Prospect Mortgage

NOTES: Single-family Colonial, const. 2014;house size is 4,500 sf, lot size is 10,025 sf; fourbdrms. and 4.5 baths; last sold for $720,000 inOct. 2013; Declaration of Homestead

MTG: $1,480,000 from JPMorgan Chase BankADD: 68 Naples Rd., BrooklineBWR: David Sheena and Solomon Sheena

BUYER: Howard S. Haber and Felicia I. Ladin SELLER: MG Associates LLC, managed byMarguerite C. DanielPRICE/ADD: $1,395,000; 678 MassachusettsAve., U-4, BostonMTG: $1,046,250 from Wells Fargo BankNOTES: New unit in low-rise condo; unit size is1,825 sf; four bdrms. and 2.5 baths; seller acq.property pre-conversion for $2,100,000 in July 2014

BUYER: Robert McShane and Therese McShaneSELLER: Adam S. Brinch and Catherine Brinch,fka Catherine E. DwyerPRICE/ADD: $1,340,000; 347Commonwealth Ave., U-A, BostonMTG: $850,000 from Webster BankNOTES: Unit in low-rise condo; unit size is 1,150sf; two bdrms. and 1.5 baths; unit last sold for$880,000 in Nov. 2012; Declaration of Homestead

BUYER: Amanda Liljedahl and James LiljedahlSELLER: George B. McManama Jr. andRhonda H. McManama

Residential DealsMILLION DOLLAR MORTGAGES/SALES JUNE 15 - JUNE 19, 2015


In an all-cash transaction, Anna Papalimberis and George Papalimberis have purchased 18 St. ThomasMore Dr. in Winchester for $1,525,000 from Jennifer L. Clifford and Peter J. Clifford. The sellers had paid$479,000 in March 2002 for the 20,025 sf property on which the single-family Colonial was built oneyear later. It has four bedrooms and three baths in an expansive 4,200-sf frame.


PRICE/ADD: $1,160,000; 3 Overfield Dr., MedfieldMTG: $928,000 from Needham BankNOTES: Single-family Colonial, const. 1995;house size is 5,125 sf, lot size is 1.1 acres; fivebdrms. and four baths; last sold for $850,000in Oct. 1998; Declaration of Homestead

BUYER: Riverstone Custom Builders LLC, mgd.by Peter O. HollandSELLER: Robert G. MagliozziPRICE/ADD: $1,125,000; 108 Brook St., Wellesley MTG: $1,987,500 from Bank of New EnglandNOTES: Single-family Colonial, const. 1905; housesize is 2,125 sf, lot size is 27,175 sf; three bdrms.and 1.5 baths; seller acquired property in Feb. 1975

BUYER: Jonathan P. GadzikSELLER: Qiuyu LiuPRICE/ADD: $1,110,000; 285 Columbus Ave.,U-509, BostonMTG: $710,000 from Wells Fargo BankNOTES: Unit in mid-rise condo; unit size is 1,325sf; two bdrms. and two baths; last sold for$980,000 in Jan. 2013; Declaration of Homestead

BUYER: Derek R. SpenceSELLER: Eric Person and Roseanne PersonPRICE/ADD: $1,080,000; 352 Clapp Rd., ScituateMTG: $850,000 from Washington TrustMortgage Co.NOTES: Single-family Cape, const. 2005;house size is 4,775, lot size is 1.2 acres; fourbdrms. and 3.5 baths; last sold for $1,070,000in Oct. 2013; Declaration of Homestead

BUYER: Joanna Messing and Dominic NicholasSELLER: Susan M. Cervantes PRICE/ADD: $1,050,000; 85 Highland Rd.,BrooklineMTG: $756,000 from EverBankNOTES: Single-family property, const. 1920; housesize is 1,450 sf, lot size is 6,050 sf; three bdrms.and 1.5 baths; seller acq. property for $355,000 inAug. 1998; Declaration of Homestead

BUYER: Paige Rochford and William Rochford SELLER: Martin Schwartz and Meghan SchwartzPRICE/ADD: $1,050,000; 33 Waldron St.,MarbleheadNOTES: Single-family Antique, const. 1800; housesize is 2,275 sf, lot size is 3,475 sf; three bdrms. and2.5 baths; last sold for $1,035,000 in April 2005

BUYER: Katherine O’Brien and Johnson WatkinsSELLER: Lori A. Keliher PRICE/ADD: $1,000,000; 14 Birch Ln., ScituateNOTES: Single-family Cape, const. 1950; housesize is 3,650 sf, lot size is 18,300 sf; three bdrms.and 2.5 baths; last sold for $325,000 in Feb. 2000

J U N E 1 8 T H

BUYER: Caitlin w. Sheehan SELLER: John F. Fish PRICE/ADD: $5,800,000; 77 Corey Ln., MiltonNOTES: Single-family property, constructed1999; house size is 14,425 sf, lot size is fouracres; seven bedrooms and nine baths; lastsold for $677,500 in June 1998

BUYER: Michelle M. Porter SELLER: John A. Miller and Sally A. MillerPRICE/ADD: $4,100,000; 25 Doublet Hill Rd.,WestonNOTES: Single-family property, constructed1952; house size is 4,200 sf, lot size is 3.2acres; five bedrooms and 4.5 baths; last soldfor $372,500 in June 1983

BUYER: Jason Grapski and Sonya MarquezSELLER: Gask Investment LLC, managed byAllison AvramovichPRICE/ADD: $3,999,000; 237 Park St., NewtonMTG: $2,199,450 from First Republic BankNOTES: Single-family Colonial, const. 1860;house size is 6,350 sf, lot size is 37,600 sf; fourbdrms. and 4.5 baths; last sold for $1,550,000in June 2013; Declaration of Homestead

BUYER: Margaret Adams and William AdamsSELLER: Rhonda Lassner and Stewart LassnerPRICE/ADD: $3,950,000; 505 Tremont St.,U-903, Boston

NOTES: Unit in mid-rise Atelier 505 condo; unitsize is 2,325 sf; three bdrms. and 2.5 baths; unitlast sold for $2,472,500 in Aug. 2004

BUYER: Alexis Borisy and Lia Meisinger SELLER: Julie Kaihlanen Kobus & Richard KobusPRICE/ADD: $3,037,500; 531 Concord Ave.,BelmontNOTES: Single-family Colonial, const. 1926; housesize is 7,275 sf, lit size is 1.6 acres; five bdrms. andseven baths; last sold for $1,500,000 in Feb. 2014

MTG: $2,800,000 from NorthMark BankADD: 165 Wings Neck Rd., PocassetBWR: Gayle Burgess Hans a/k/a Gail B. Hans

BUYER: Suli YuSELLER: John TarascioPRICE/ADD: $2,735,000; 7 Rockport Rd., WestonMTG: $1,367,500 from Washington TrustMortgage Co.NOTES: Single-family property, const. 2002; housesize is 7,525 sf, lot size is 1.3 acres; five bdrms.and six baths; last sold for $940,000 in Oct. 2001

BUYER: Dragon ObradovicSELLER: Judy L. Bell and Francis M. PiscitelliPRICE/ADD: $2,650,000; 580 WashingtonSt., U-11B, BostonNOTES: Unit in high-rise condo; unit size is1,900 sf; three bedrooms and three bathrooms;unit last sold for $2,185,000 in Jan. 2014



James P. Iuliano has yielded $1,520,000 for 7 Philbrook Ter. in Lexington, nearly double what the single-family home traded for in 1988, the year it was constructed and sold in May for $840,000.The new own-ers are Kerr Manson and Deniz Razon, who financed their purchase with $1,216,000 from Citibank.Seven Philbrook Ter. totals 3,850 sf with four bedrooms and three baths located on a 28,325-sf parceljust off Route 128 at Exit 29.



BUYER: Margaret Kate Aisenberg SELLER: Douglas Berman and Linda Siperstein PRICE/ADD: $2,125,000; 65 Orchard St., CambridgeNOTES: Single-family Victorian, const. 1869;house size is 2,150 sf, lot size is 4,075 sf; fourbdrms. and 3.5 baths; last sold for $322,600in Sept. 1993; Declaration of Homestead

BUYER: Shilpi Chatterjee and Jonathan WillisSELLER: Lauren F. Spiel VogelPRICE/ADD: $1,995,000; 1357Massachusetts Ave., LexingtonMTG: $1,000,000 from Winchester SBNOTES: Single-family property, const. 1854;house size is 4,875 sf, lot size is 1.9 acres; sixbedrooms and four baths; last sold for $520,000in Feb. 1997; Declaration of Homestead

BUYER: Adam Grossman & Maria HannemannSELLER: Kim Sonnabend, fka Kim SlaterPRICE/ADD: $1,940,000; 34 Heath St., BrooklineMTG: $1,358,000 from CitibankNOTES: Single-family Colonial, const. 1996; housesize is 4,175 sf, lot size is 23,600 sf; four bdrms.and 2.5 baths; last sold for $785,000 in Jan. 1996

BUYER: Christopher Larsen and Jill Larsen SELLER: Barbara Drollett and Ronald Drollett Sr.PRICE/ADD: $1,850,000; 45 Seth Ln., SouthYarmouth MTG: $1,060,000 from First Republic BankNOTES: Single-family property, const. 1880;house size is 3,425 sf, lot size is 1.3 acres; fivebdrms. and 3.5 baths; last sold for $600,000in Sept. 1999; Declaration of Homestead

BUYER: Anuradha S. Bharadwaj and SameerBharadwajSELLER: William C. Hahn and Ivana KimPRICE/ADD: $1,729,500; 28 LongmeadowRd., aka 24 Longmeadow Rd., NewtonMTG: $1,200,000 from Needham BankNOTES: Single-family Colonial, const. 2004;house size is 4,625 sf, lot size is 15,450 sf; fourbdrms. and 3.5 baths; last sold for $2,000,000in Jan. 2005; Declaration of Homestead

BUYER: Bartlett R. Geer and Susan W. GeerSELLER: Diane Garfield and Peter L. GrossPRICE/ADD: $1,725,000; 99 Pinckney St.,U-1, BostonNOTES: Unit in mid-rise condominium; unitsize is 1,700 sf; two bedrooms and two baths;unit last sold for $579,000 in Aug. 1996

BUYER: Barbara Messing and Edgar WaingortinSELLER: Olde Landmark Builders Inc., mgd. byJoseph P. Centola, president and treasurerPRICE/ADD: $1,700,000; 30 Taylor St., Needham

MTG: $1,190,000 from Wells Fargo BankNOTES: Single-family Ranch, const. 1952; housesize is 1,400 sf, lot size is 30,500 sf; three bed-rooms and 1.5 baths; last sold for $610,000 inNov. 2013; Declaration of Homestead

MTG: $1,600,000 from Cambridge SBADD: 26 Claflin Rd., BrooklineBWR: Arthur H. Chan, Kenneth KC Chan, andYing Yee H. Chan

BUYER: Kerr Manson and Deniz RazonSELLER: James P. IulianoPRICE/ADD: $1,520,000; 7 Philbrook Ter., LexingtonMTG: $1,216,000 from CitibankNOTES: Single-family property, const. 1988;house size is 3,850 sf, lot size is 28,325 sf; fourbdrms. and three baths; last sold for $840,000in May 1998; Declaration of Homestead

MTG: $1,431,001 from CitibankADD: 66 Summit Ave., BrooklineBWR: Stephen Hoge and Molly Yancovitz

BUYER: Elizabeth Dufton and Mark Dufton SELLER: Jose M. Marchena PRICE/ADD: $1,376,250; 40 Battery St.,U-401, BostonNOTES: Unit in mid-rise condominium; unitsize is 1,025 sf; one bedrooms and 1.5 baths;unit last sold for $875,000 in Oct. 2009

BUYER: Mark Reynolds and Susan Reynolds SELLER: Amy Devin and Kevin Sendlenski, akaKevin SendleskiPRICE/ADD: $1,350,000; 26 Valentine St.,U-26, Cambridge

NOTES: Unit in low-rise condominium; unitsize is 1,900 sf; three bedrooms and 2.5 baths;unit last sold for $499,000 in Sept. 2004

BUYER: Lauren J. KomackSELLER: Robert L. Caret and Elizabeth ZoltanPRICE/ADD: $1,345,000; 85 East India Row,U-3B, BostonNOTES: Unit in high-rise condo; unit size is 1,650sf; two bdrms. and 2.5 baths; unit last sold for$880,000 in April 2011; Declaration of Homestead

BUYER: Roger M. DieboldSELLER: Steedman L. BassPRICE/ADD: $1,310,000; 32-34 Appleton St.,SomervilleNOTES: Single-family property, const. 1930; housesize is 3,175 sf, lot size is 2,178 sf; three bdrms. and2.5 baths; last sold for $1,030,000 in April 2013

BUYER: Laurie Wardell and Patrick WardellSELLER: Alfred L. Kraft and Madalon C. Meany PRICE/ADD: $1,250,000; 20 Farrar Rd., Lincoln MTG: $1,000,000 from Mortgage NetworkNOTES: Single-family Antique, const. 1860;house size is 3,275 sf, lot size is 40,500 sf; fourbdrms. and 2.5 baths; last sold for $290,000 inJan. 1989; Declaration of Homestead

BUYER: Jeffrey Altbush and Marilyn AltbushSELLER: Cameron Avenue LLC, managed byCharles A. AggourasPRICE/ADD: $1,248,700; 41 Elmwood St.,U-3, SomervilleMTG: $660,000 from Fairway IndependentMortgage Corp.




A stately single-family Colonial at 272 Grove St. in Wellesley has fetched $1,787,500 in its exchangebetween sellers Eugene C. Van Biert Jr. and Kelly Ryan Van Biert and Amy L. Sussman and Justin T.Sussman. Mortgage Network funded the purchase with a loan of $1,429,600 on the 5,000-sf residencethat includes five bedrooms and 3.5 baths on a 25,275-sf parcel. The Van Bierts had bought the 30-year-old home in May 2009 for a consideration of $1,490,000.

NOTES: Unit in low-rise condominium; unitsize is 1,925 sf; three bedrooms and fourbaths; unit last sold for $1,190,000 in Dec.2014; Declaration of Homestead

BUYER: Margaret W. Cavanaugh-Hussey andPeter S. Hussey SELLER: James Harvey McKenney III and JanisCrosby McKenney PRICE/ADD: $1,247,000; 6 Page Farm Rd., LincolnMTG: $997,600 from Bank of AmericaNOTES: Single-family Colonial, const. 1993;house size is 4,450 sf, lot size is 43,125 sf; fourbdrms. and 2.5 baths; last sold for $837,500 inJune 1999; Declaration of Homestead

BUYER: Eliot Jamgochian & Tracy JamgochianSELLER: Lisa Palioca and Ross K. PaliocaPRICE/ADD: $1,210,000; 169 Elysium St., WrenthamMTG: $968,000 from TD BankNOTES: Single-family property, const. 2008;house size is 3,450 sf, lot size is 2.1 acres; threebedrooms and 2.5 baths; last sold for $390,000in May 2008; Declaration of Homestead

BUYER: Paul C. CarboneSELLER: Lynbrook Development LLC, mgd. bySteven F. VenincasaPRICE/ADD: $1,150,000; 39 Lynbrook Rd.,Southborough MTG: $700,000 from Wells Fargo BankNOTES: Single-family Colonial, const. 2014; housesize is 4,925 sf, lot size is 1.3 acres; four bdrms.and 3.5 baths; property last sold for $200,000 inMarch 2012; Declaration of Homestead

BUYER: Kathryn Mary Riordan and MatthewEamonn Riordan SELLER: Heidi K. Saghir and Jason T. Saghir PRICE/ADD: $1,135,000; 66 Cutler Farm Rd., SudburyMTG: $908,000 from LoanDepot.ComNOTES: Single-family Colonial, constructed1996; house size is 4,275 sf, lot size is 1.2acres; four bedrooms and 3.5 baths; last soldfor $1,030,000 in March 2003

BUYER: Jamie L. Spinelli and Joseph A. Spinelli SELLER: Elaine J. Leiser and William C. Leiser PRICE/ADD: $1,125,000; 180 Prospect HillRd., HarvardMTG: $725,000 from Avidia BankNOTES: Single-family Cape, const. 1959;house size is 4,600, lot size is 7.7 acres; fourbdrms. and four baths; last sold for $975,000in Nov. 2014; Declaration of Homestead

BUYER: Benjamin Keeler and Margaret KeelerSELLER: Karen Napolitano & Paul Napolitano PRICE/ADD: $1,101,000; 1 Wolcott Rd., Winchester

MTG: $825,750 from Cambridge Savings BankNOTES: Single-family Colonial, const. 1900;house size is 2,700 sf, lot size is 7,850 sf; fivebedrooms and two baths; last sold for $842,500in Sept. 2009; Declaration of Homestead

BUYER: Christopher WellesSELLER: Neil S. Shifrin PRICE/ADD: $1,100,000; 37 Hawthorne Ln., WestonNOTES: Single-family property, const. 1954; housesize is 1,975 sf, lot size is 1.1 acres; two bdrms. andthree baths; last sold for $1,065,000 in May 2005

BUYER: Philip Ianniello and Tanya IannielloSELLER: Eric Karten and Karen Sussman-Karten PRICE/ADD: $1,090,000; 7 Beethoven Ave., NewtonNOTES: Single-family Cape, const. 1950;house size is 2,575 sf, lot size is 21,050 sf; sixbdrms. and four baths; last sold for $243,000in Dec. 1993; Declaration of Homestead

BUYER: Jennifer Hanson and Thomas Hanson SELLER: Elizabeth Powell and John PowellPRICE/ADD: $1,075,000; 38 Depot Rd., BoxfordNOTES: Single-family Colonial, const. 1990; housesize is 5,700 sf, lot size is 4.3 acres; four bdrms.and five baths; last sold for $768,500 in Dec.1998

BUYER: Andrea Furman and AndrewChristopher Furman SELLER: Carolyn Ross and William J. RossPRICE/ADD: $1,060,000; 12 Greenwood Rd.,Hopkinton

MTG: $848,000 from NE Moves Mortgage LLCNOTES: Single-family Colonial, const. 1999;house size is 4,550 sf, lot size is one acre; fivebdrms. and 4.5 baths; last sold for $929,900in June 2004; Declaration of Homestead

BUYER: Jessica Mutch and Paul Mutch SELLER: Erica Dinerman and Terence Murtaugh PRICE/ADD: $1,030,000; 21 Dean St., BelmontMTG: $824,000 from Guaranteed RateNOTES: Single-family property, const. 1935;house size is 2,300 sf, lot size is 6,100 sf; fourbdrms. and 2.5 baths; last sold for $265,000in July 1991; Declaration of Homestead

J U N E 1 7 T H

BUYER: Monica Rogan and Thomas RoganSELLER: Ann P. Gallo and Joseph A. GalloPRICE/ADD: $2,841,000; 80 Goodnow Rd.,SudburyMTG: $1,100,000 from The Cape Cod FiveCents Savings BankNOTES: Single-family Antique, constructed1790; house size is 6,050 sf, lot size is 11.4acres; five bedrooms and 4.5 baths; last soldfor $2,615,000 in May 2004

MTG: $2,800,000 from Northern B&T Co.ADD: 78 Captain’s Row, MashpeeBWR: Beth Ann Sloan a/k/a Beth Silvio Sloanand Donald Sloan



A venerable Victorian at 294 Highland Ave. in Newton has brought $1,260,000 in its sale to Joel G.Feinberg and Sara C. Lecher Feinberg from Ann Klegon and David Klegon in a transaction backed by$945,000 from Leader Bank. The 2,950-sf, five-bedroom residence that was constructed in 1874 on aquarter-acre parcel brought even more in May 2013 when it sold for $1,380,000.




MTG: $2,800,000 from CommonwealthCooperative BankADD: 9 Claridge Dr., WestonBWR: Christen Eve Meola and John D. Meola Jr.

MTG: $1,900,000 from Rockland Federal CUADD: 730 Madison St. Wrentham BWR: Ryan Development LLC and RichardWeishaus, trustee of The Joseph Realty TR

BUYER: Dominque Williams and Price WilliamsSELLER: 2 Gallison Avenue LLC, managed byJames G. LaverdierePRICE/ADD: $1,800,000; 2 Gallison Ave.,Marblehead MTG: $1,200,000 from Thomas E. WilliamsNOTES: Single-family property, const. 1916;house size is 3,375 sf, lot size is one acre; fivebdrms. and 2.5 baths; last sold for $1,285,000in March 2014; Declaration of Homestead

BUYER: Laurie EggerSELLER: Adam Grossman PRICE/ADD: $1,795,000; 111/2 Union Pk.,U-1, BostonNOTES: Unit in low-rise condominium; unitsize 1,875 sf; two bedrooms and 2.5 baths;unit last sold for $1,305,000 in March 2012

BUYER: Amy Sussman and Justin Sussman SELLER: Eugene Van Biert Jr. & Kelly Ryan Van Biert PRICE/ADD: $1,787,500; 272 Grove St., Wellesley MTG: $1,429,600 from Mortgage NetworkNOTES: Single-family Colonial, const. 1985;house size is 5,000 sf; lot size is 25,275 sf; fivebdrms. and 3.5 baths; last sold for $1,490,000in May 2009; Declaration of Homestead

MTG: $1,760,000 from JPMorgan Chase BankADD: 25 Burr Dr., Needham BWR: John Thomas and Paula Vanderhorst

BUYER: Jessica Liebowitz and Ronald Liebowitz SELLER: Sabeena K. Chacko and Kevin RaskinPRICE/ADD: $1,675,000; 28 Chestnut HillTer., Newton MTG: $980,000 from LoanDepot.ComNOTES: Single-family Colonial, const. 1930;house size is 3,350 sf, lot size is 6,375 sf; sixbdrms. and 4.5 baths; last sold for $1,329,000in June 2008; Declaration of Homestead

BUYER: David Jensen, trustee of The Clark 351 TRSELLER: Aris S. Boit and Charles F.D. Boit PRICE/ADD: $1,502,000; 351 Clark Rd., BrooklineMTG: $1,000,000 from BNY MellonNOTES: Single-family Colonial, constructed1920; house size is 2,350 sf, lot size is 10,025sf; three bedrooms and 3.5 baths; last sold for$870,000 in Oct. 2003

BUYER: Alix O’Connell and Brian O’ConnellSELLER: Claire O’Leary McVicar PRICE/ADD: $1,370,000; 42 School St., Dedham MTG: $1,096,000 from Dedham Institutionfor SavingsNOTES: Single-family Antique, const. 1835;house size is 6,000 sf, lot size is 20,900 sf; fivebdrms. and 4.5 baths; last sold for $445,000in March 1995; Declaration of Homestead

MTG: $1,208,000 from Boston Private B&T Co.ADD: 55 Shaw Rd., BrooklineBWR: Erika Rangel and Shawn J. Rangel

BUYER: Diane E. Anderson SELLER: Dana Mathews and Leah Mathews PRICE/ADD: $1,145,000; 16 Simpson Rd., Wellesley NOTES: Single-family Colonial, const. 1950;house size is 3,275 sf, lot size is 10,775 sf; fivebdrms. and three baths; last sold for $582,500in Oct. 1997; Declaration of Homestead

MTG: $1,491,000 from LoanDepot.ComADD: 23 Ocean Ave., NantucketBWR: Marcia J. Browne and Jeffrey W. Clark

MTG: $1,480,000 from RBS CitizensADD: 448 Wings Neck Rd., PocassetBWR: Daniel O. Coyne and Madlyn B. Coyne

BUYER: Jorge Caraballo and Glenda PerezSELLER: Hafiza Younes

PRICE/ADD: $1,470,000; 580 WashingtonSt., U-1209, BostonNOTES: Unit in high-rise condominium; unitsize is 1,225 sf; two bedrooms and two baths;unit last sold for $1,175,000 in Dec. 2013

BUYER: Barry M. Cohen and Mark A. Nowak,trustees of The Ghent TRSELLER: Pamela Rosenberg & Steven Rosenberg PRICE/ADD: $1,445,000; 141 DorchesterAve., U-708, BostonNOTES: Unit in high-rise condominium; unitsize is 2,125 sf; two bedrooms and two baths;unit last sold for $1,179,000 in March 2010

BUYER: Ateet Dhru and Purna DhruSELLER: Gapco LLC, managed by Paul Tocci Jr.PRICE/ADD: $1,344,000; 90 Dunster Ln.,Winchester MTG: $1,075,200 from Bank of AmericaNOTES: Single-family Colonial, constructed2014; house size is 3,250 sf, lot size is 13,500sf; four bedrooms and 3.5 baths; last sold for$430,000 in Sept. 2013

BUYER: Amandio Correia and Thomas HarveySELLER: Jay B. Wailes and Lynn P. WailesPRICE/ADD: $1,325,000; 25 Channel Ctr.,U-610, BostonMTG: $927,500 from First Republic Bank




After 25 years of ownership, Stephen R. Kent and Laura K. Kramer have harvested 10 Crescent Rd. inWinchester for $1,175,000 to Caroline E. Abdulrazak and Stephen J. Walsh, who were backed by$800,000 in financing from LoanDepot.Com. A single-family Colonial built in 1910, 10 Crescent Rd. isa 2,575-sf residence with five bedrooms and 2.5 baths. It last changed hands in July 1990 for $360,000.

NOTES: Unit in high-rise condominium; unitsize is 2,350 sf; two bedrooms and 2.5 baths;unit last sold for $875,000 in July 2005

BUYER: Meiyan Duan and Weihong Yin SELLER: Lori A. KimballPRICE/ADD: $1,250,000; 3 Ruggerio Way, Andover NOTES: Single-family Colonial, const. 1992;house size is 6,825 sf, lot size is 34,850 sf; fourbdrms. and five baths; last sold for $805,000 inJan. 1998; Declaration of Homestead

BUYER: Yizhou Huang and Wei SuSELLER: Boris Jakobson, Elina Jakobson,Gabriel Jakobson and Tatyana Jakobson PRICE/ADD: $1,205,000; 52 Vernon St., U-3,BrooklineNOTES: Unit in low-rise condominium; unit sizeis 2,050 sf; four bedrooms and two baths; sell-ers’ ownership in property dates to April 1992

BUYER: Janet WeatherbeSELLER: Chester Petkiewicz & Tricia Petkiewicz PRICE/ADD: $1,110,000; 14 Frog Tree Ln., DennisMTG: $880,000 from Cape Cod Five Cents SBNOTES: Single-family Cape, const. 1996;house size is 3,075 sf, lot size is 1.2 acres; fourbdrms. and three baths; last sold for $147,500in Oct 1996; Declaration of Homestead

BUYER: David Colarusso & Jessica ColarussoSELLER: Erin Lundgren and Patrick Lundgren PRICE/ADD: $1,100,000; 6 and 10 HathawayDr., SuttonMTG: $110,000 and $880,000 from DigitalFederal Credit UnionNOTES: Single-family Colonial, const. 2002;house size is 6,925 sf, lot size is 9.7 acres; fivebedrooms and five baths; last sold for $885,000in May 2009; Declaration of Homestead

BUYER: John M.L. Craven and Vanessa GusickSELLER: Peter G. ChristodouloPRICE/ADD: $1,100,000; 485 Harrison Ave.,U-409, BostonMTG: $110,000 and $880,000 fromGuaranteed RateNOTES: Unit in mid-rise condominium; unitsize is 1,400 sf; one bedroom and two baths;unit last sold for $720,000 in May 2006;Declaration of Homestead

MTG: $1,000,000 from FairwayIndependent Mortgage Co.ADD: 58 Ferncroft Rd., WabanBWR: Allen Sussman and Heather Egan Sussman

MTG: $1,000,000 from Metro Credit UnionADD: 255 Kendrick St., NewtonBWR: Thomas Bu and Sandra Kim

J U N E 1 6 T H

BUYER: Yermek Okayev SELLER: CWB Apartments LPPRICE/ADD: $3,165,000; 772-778 BoylstonSt., U-W7C, BostonNOTES: New unit in high-rise condominium; unitsize is 1,575 sf; two bedrooms and one bath

BUYER: Yun-Min Chai and Hai Huang SELLER: CWB Apartments LPPRICE/ADD: $3,100,000; 772-778 BoylstonSt., U-W7A, BostonNOTES: New unit in high-rise condominium; unitssize is 1,625 sf; two bedrooms and three baths

BUYER: Jeanette Baynes and Mark Baynes SELLER: Zeis Concord One LLC, Erik Jarnrydand Zoltan JuhaszPRICE/ADD: $3,000,000; 80 Squaw SachemTrail, ConcordMTG: $2,000,000 from Bank of AmericaNOTES: Single-family Ranch, constructed1969; house size is 1,700 sf, lot size is 1.9acres; three bedrooms and two baths; last soldfor $1,225,000 in April 2014; Declaration ofHomestead

BUYER: Yun-Min Chai and Hai Huang SELLER: CWB Apartments LPPRICE/ADD: $2,940,000; 772-778 BoylstonSt., U-W7B, BostonNOTES: New unit in high-rise condominium; unitsize is 1,600 sf; two bedrooms and three baths

BUYER: Antonina Van and Zhidong Wang SELLER: Reva Gertel PRICE/ADD: $2,768,000; 90 Holland Rd.,BrooklineNOTES: Single-family Tudor, constructed 1928;house size is 7,075 sf, lot size is one acre;seven bedrooms and seven baths; seller’s own-ership in property dates to July 1991;Declaration of Homestead

MTG: $2,700,000 from JPMorgan Chase BankADD: 115 Peases Point Way N., Edgartown BWR: Blake C. Kleinman and Sevda Kleinman

BUYER: Cariann G. HarshSELLER: Sean P. McGrathPRICE/ADD: $2,611,125; 50 Loring Rd., WestonMTG: $261,112 and $2,088,900 fromCitibank



Resale activity of Boston condominiums has led to a windfall at Millennium Place in Downtown Crossingas Judy L. Bell and Francis M. Piscitelli yield $2,650,000 in their disposition of Unit 11B to DragonObradovic. The sellers had only owned the 1,900-sf, three-bedroom unit at 580 Washington St. sincepaying $2,185,000 in Jan. 2014. Developed by Millennium Partners, the high-rise tower was quicklyembraced when launched, leading to hundreds of units purchased in the project’s infancy. Anotherrecent instance involved the $1,470,000 sale of Unit 1209 to Jorge Caraballo and Glenda Perez byHafiza Younes. The 1,225-sf, two-bedroom condo had been bought for $1,175,000 in Dec. 2013.




NOTES: Single-family property, constructed2014; house size is 7,400 sf, lot size is 1.4acres; five bedrooms and 4.5 baths; last soldfor $1,475,000 in Oct 2001

MTG: $2,475,000 from MutualOne BankADD: 79 Prince St., BostonBWR: Anthony Bova

BUYER: Brett Rosenbaum and Heather Rosenbaum SELLER: Harbor Ave Partners LLC, managed byRichard W. CooperPRICE/ADD: $2,300,000; 48 Harbor Ave.,Marblehead MTG: $1,100,000 from LoanDepot.ComNOTES: Single-family Colonial, const. 1905; housesize is 4,975 sf, lot size is 37,900 sf; six bdrms. and4.5 baths; last sold for $1,275,000 in April 2014

BUYER: Elizabeth Mundt and Kenneth MundtSELLER: Mark Robinson and Sarah RobinsonPRICE/ADD: $2,175,000; 23 Dwight St., U-1, BostonMTG: $828,750 from Leader BankNOTES: Unit in low-rise condominium; unitsize is 1,310 sf; two bedrooms and 2.5 baths;unit last sold for $845,000 in June 2011

BUYER: Douglas Hurd and Leigh Breitman Hurd SELLER: Chieftain Development LLC, managedby Stephen MeineltPRICE/ADD: $2,100,000; 17 Cabot St., WinchesterMTG: $1,000,000 from Wells Fargo BankNOTES: Single-family Colonial, const. 1902;house size is 4,500 sf, lot size is 11,325 sf; fourbdrms. and 3.5 baths; last sold for $1,105,000in Nov. 2014; Declaration of Homestead

MTG: $2,100,000 from BNY MellonADD: 87 Hammond St., Chestnut HillBWR: Naomi Ruth Stone Cohen and SaulBernard Cohen

MTG: $1,890,000 from Morgan StanleyPrivate BankADD: 10 Mayhew Ln., NantucketBWR: Gary M. Killian and Julia P. Killian

BUYER: Gloria Chien and Soovin Kim SELLER: Ponywold LLC, mgd. by Mark BaronsPRICE/ADD: $1,595,000; 9 Ponybrook Ln.,LexingtonMTG: $650,000 from Guaranteed RateNOTES: Single-family property, const. 2015;house size is 3,750 sf, lot size is 8,275 sf; fourbdrms. and 3.5 baths; last sold for $1,600,000in Sept. 2013; Declaration of Homestead

MTG: $1,530,000 from Needham BankADD: 10 Mill St., DoverBWR: Virginia R. Dabney

BUYER: Claudia K. Schoenig-Diesing andWilliam E. Diesing IIISELLER: Anna M. Rose and Jacob M. RosePRICE/ADD: $1,525,000; 23 Warbler SpringsRd., LincolnNOTES: Single-family Colonial, const. 1993;house size is 5,900 sf, lot size is three acres; fivebdrms. and 5.5 baths; last sold for $1,372,000in March 2014; Declaration of Homestead

BUYER: Rebekah Roiter and Yosef Zweibach SELLER: Anna Z. Feldman and Matan Feldman PRICE/ADD: $1,500,000; 55 Clements Rd.,NewtonMTG: $850,000 from Bank of AmericaNOTES: Single-family Tudor, const. 1937; housesize is 3,450 sf, lot size is 11,325 sf; fourbdrms. and 3 baths; last sold for $1,380,000 inMay 2013; Declaration of Homestead

MTG: $1,408,000 from Washington TrustMortgage Co.ADD: 10 Briarwood Ln., WinchesterBWR: Kelly Tomasello and Stephen Tomasello

BUYER: Sarah Holch and Sven Holch SELLER: Richard Berlin Jr. aka Richard E. Berlin Jr.PRICE/ADD: $1,350,000; 2 Walker Rd.,Manchester-by-the-SeaNOTES: Single-family property, const. 1926; housesize is 4,425 sf, lot size is 36,150 sf; five bdrms. and3.5 baths: last sold for $1,110,000 in Oct. 2000

BUYER: Yun-Mai Chai and Hai Huang SELLER: CWB Apartments LPPRICE/ADD: $1,300,000; 772-778 BoylstonSt., U-W7G, Boston

NOTES: New unit in high-rise condominium; unitsize is 1,025 sf; one bedroom and two baths

BUYER: John Petrasch and Olivia Petrasch SELLER: Maurice Connolly and Noel RedfordPRICE/ADD: $1,300,000; 58 Cottage St., Wellesley NOTES: Single-family Colonial, const. 1856; housesize is 2,875 sf; lot size is 8,700 sf; four bdrms.and 2.5 baths; last sold for $329,000 in July 1991

BUYER: Scott D. Kriss and Ravi Pahuja SELLER: Guy F. PughPRICE/ADD: $1,300,000; 25 Peter Parley Rd.,Jamaica PlainMTG: $910,000 from United BankNOTES: Single-family Colonial, constructed1898; house size is 3,000 sf, lot size is 12,050sf; four bedrooms and 2.5 baths; last sold for$299,000 in Aug 1998

BUYER: Nathaniel Finley and Shannon Finley SELLER: Delaporte Development Inc., mgd. byGwen D. Simpkins, president and treasurerPRICE/ADD: $1,280,000; 10 Perry St.,CambridgeMTG: $600,000 from Wells Fargo BankNOTES: Two-family property, constructed1859; building size is 2,075 sf; lot size is 5,00sf; building last sold for $875,000 in May2015; Declaration of Homestead

BUYER: Joel Feinberg and Sarah Lecher Feinberg SELLER: Ann Klegon and David Klegon PRICE/ADD: $1,260,000; 294 Highland Ave.,NewtonMTG: $945,000 from Leader Bank




Arthur J. Kilmurray Jr. and Katharine B. Kilmurray have traded in 214 Crosby St. in Arlington for$1,034,000 to Lauren P. Carpenter and Ryan M. Carpenter. Santander Bank provided $723,800 to theCarpenters for their purchase of the 2,900-sf, three bedroom Colonial that dates to 1932. Located on a14,375-sf parcel, 214 Crosby St. last sold in March 1993 at a consideration of $362,000.

NOTES: Single-family Victorian, const. 1874;house size is 2,950 sf, lot size is 11,325 sf; fivebedrooms and 2.5 baths; last sold for $1,380,000in May 2013; Declaration of Homestead

MTG: $1,220,000 from MutualOne BankADD: 373 West St., HopedaleBWR: Kevin W. Lobisser

BUYER: Dalit B. Horn and Daniel M. Horn SELLER: Ami Joseph and Yael Joseph PRICE/ADD: $1,210,000; 9 Gibbs St., U-1,BrooklineMTG: $968,000 from CitibankNOTES: Unit in low-rise condominium; unitsize is 2,175 sf; three bedrooms and twobaths; unit last sold for $735,000 in Dec. 2005

MTG: $1,200,000 from Santander BankADD: 70 Mount Vernon St., U-3A, BostonBWR: Lawrence Cohan and Patricia Kreger

BUYER: Jonathan E. Slutzman and Amy Weiss SELLER: Arnold I. Weiss and Susan L. Weiss PRICE/ADD: $1,200,000; 66 Griggs Rd., BrooklineMTG: $800,000 from Fairway IndependentMortgage Corp.NOTES: Single-family property, const. 1870;house size is 2,650 sf, lot size is 5,575 sf; fivebedrooms and two baths; last sold for $334,000in Nov. 1993; Declaration of Homestead

BUYER: Caroline Abdulrazak & Stephen Walsh SELLER: Stephen R. Kent and Laura K. Kramer PRICE/ADD: $1,175,000; 10 Crescent Rd.,WinchesterMTG: $800,000 from LoanDepot.ComNOTES: Single-family Colonial, const. 1910;house size is 2,575 sf, lot size is 6,975 sf; fivebdrms. and 2.5 baths; last sold for $360,000in July 1990; Declaration of Homestead

MTG: $1,145,000 from Metro Credit UnionADD: 16 Elm St. Wellesley BWR: Lisa S. Wieland and Mark C. Wieland

BUYER: Ivania Palacios Konieczka and Jay H.Konieczka SELLER: Joan M. Cheng and Matthew S. ChangPRICE/ADD: $1,101,110; 16 Parkman St.,U-4, BrooklineMTG: $880,800 from Leader BankNOTES: Unit in low-rise condominium; unitsize is 1,875 sf; three bedrooms and threebaths; unit last sold for $864,500 in June2012; Declaration of Homestead

MTG: $1,095,800 from LoanDepot.ComADD: 119 Waban Ave., WabanBWR: Lori G. Pearlman and Peter L. Slavin

MTG: $1,000,000 from First Republic BankADD: 108 Ivy St., BrooklineBWR: Anthony K. Tjan and Laura Murray Tjan

BUYER: Patricia E. Pinto and Adrian SalicSELLER: Howard Green and Rosine K. Green PRICE/ADD: $1,000,000; 82 Williston Rd., BrooklineMTG: $100,000 and $600,000 from RBS CitizensNOTES: Single-family Colonial, const. 1910;house size is 2,675 sf, lot size is 7,175 sf; fourbedrooms and 3.5 baths; last sold for $76,000in June 1974; Declaration of Homestead

MTG: $1,000,000 from Eastern BankADD: 1154 Washington St., Units 8 and 9, BostonBWR: Christine D. Wells and Robert A. Wells

J U N E 1 5 T H

BUYER: Anne Creneguy Kozol and David Kozol SELLER: James L. Southern IIIPRICE/ADD: $4,000,000; 100 Belvidere St.,U-4G, BostonMTG: $5,000,000 from First Republic BankNOTES: Unit in high-rise condominium; unitsize is 2,650 sf; two bedrooms and 2.5 baths;unit last sold for $2,005,000 in Feb. 2003

MTG: $5,000,000 from First Republic BankADD: 244 Dudley Rd., Newton BWR: Anne Creneguy-Kozol and David Kozol

BUYER: Gayle B. HansSELLER: Jennifer Evanko and John EvankoPRICE/ADD: $3,500,000; 186 Stoney CoveRd., BarnstableMTG: $2,800,000 from NorthMark BankNOTES: Single-family Cape, constructed 2004;house size is 7,350 sf, lot size is 1.5 acres; sixbedrooms and eight baths; last sold for$3,750,000 in Feb. 2010

BUYER: Anastasios ParafestasSELLER: Barbara A. JellemePRICE/ADD: $2,900,000; 2446 Beacon St.,U-2446, BostonNOTES: Unit in low-rise condominium; unitsize is 6,425 sf; three bedrooms and 5.5 baths;unit last sold for $3,050,000 in June 2008

MTG: $2,880,000 from Goldman Sachs BankADD: 38 Highgate, Wellesley BWR: Amy Smith Berylson, aka Amy J.Berylson. and John G. Berylson

BUYER: Deborah Jimenez and Frank Jimenez SELLER: Verdant Properties LLC, managed byMichael CaravielloPRICE/ADD: $2,565,000; 2 Dewing Path,Wellesley MTG: $1,539,000 from First Republic Bank




Unit owners at the Atelier 505 condominium in Boston have reaped the benefits of a white-hot luxurymarket, with Rhonda W. Lassner and Stewart L. Lassner cashing in on the all-cash sale of U-903 for$3,950,000 to Margaret M. Adams and William J. Adams. The 2,325-sf, three-bedroom unit last tradedfor $2,472,500 in Aug. 2004 whereas separately Bruce N. Behan and Gail A. Fein harvested U-203 for$2,075,000, more than double the $917,000 spent in Sept. 2004 on the 1,825-sf, two-bedroom unit.Its new owners are Adam Feldman and Trisha Dwivedi Feldman. Wells Fargo Bank loaned the couple$1,660,000 for their purchase.



NOTES: Single-family Colonial, constructed1935; house size 2,525 sf, lot size 33,100 sf;four bedrooms and three baths; last sold for$1,215,000 in June 2014; Declaration ofHomestead

MTG: $2,550,000 from First Republic BankADD: 95 Apple St., EssexBWR: Lenard B. Zide, trustee of JJML Realty TR

MTG: $2,415,000 from Cathay BankADD: 961-965 Blue Hill Ave., BostonBWR: Neng Hai Tan, trustee of The Du Qi Realty TR

BUYER: John Tankard III and Judith TankardSELLER: 321 Dartmouth Street LLC, managedby John R. Barkan, c/o Barkan PropertiesPRICE/ADD: $2,378,000; 321 Dartmouth St.,U-1, BostonMTG: $1,300,000 from First Republic BankNOTES: New unit in low-rise condominium;unit size is 3,000 sf; four bedrooms and 3.5bathrooms; Declaration of Homestead

BUYER: John R. Walker and Emily WoodSELLER: Audrey M. Fenton and Colin P. Fenton PRICE/ADD: $2,200,000; 20 Inverness Rd.,Wellesley MTG: $1,650,000 from CitibankNOTES: Single-family Colonial, const. 1925;house size is 4,900 sf, lot size is 23,525 sf; fivebdrms. and 6.5 baths; last sold for $2,200,000in Jan 2007; Declaration of Homestead

BUYER: Richard Blackshaw and Lisa McElroySELLER: Peter Traynor and Valerie TraynorPRICE/ADD: $2,174,500; 159 Everett St., ConcordMTG: $1,739,600 from Bank of AmericaNOTES: Single-family Colonial, const. 2006;house size is 3,700 sf, lot size is 18,725 sf; fourbdrms. and 3.5 baths; last sold for $612,500 inMarch 2005; Declaration of Homestead

BUYER: Adam Feldman & Trisha Dwivedi FeldmanSELLER: Bruce N. Behan and Gail A. Fein PRICE/ADD: $2,075,000; 505 Tremont St.,U-203, BostonMTG: $1,660,000 from Wells Fargo BankNOTES: Unit in mid-rise Atelier 505 condo; unit size is1,825 sf; two bdrms. and 2.5 baths; unit last sold for$917,500 in Sept. 2004; Declaration of Homestead

BUYER: D. Brenton SimonsSELLER: Luke Burns and Maureen BurnsPRICE/ADD: $1,960,000; 13 Bond St., BostonMTG: $1,568,000 from Guaranteed RateNOTES: Single-family Rowhouse, const. 1890;house size is 1,600 sf, lot size is 1,000 sf; threebdrms. and 2.5 baths; last sold for $1,129,000in May 2006;Declaration of Homestead

BUYER: Axel Nielsen and Johanna SigurdardottirSELLER: Daniel Ramirez and Josette Ramirez PRICE/ADD: $1,901,000; 64 Beverly Rd., Wellesley MTG: $1,300,000 from Baxter Credit UnionNOTES: Single-family property, const. 2009;house size is 4,425 sf, lot size is 14,975 sf; fivebdrms. and four baths; last sold for $1,500,000in May 2010; Declaration of Homestead

BUYER: Geoffrey Mason and Jaime Mason SELLER: Peter A. Dlugosch and Kelly A. FlynnPRICE/ADD: $1,895,000; 36 Lockwood Rd., NewtonMTG: $94,700 and $1,421,250 from LeaderMortgage Co.NOTES: Single-family Colonial, const. 1937;house size is 3,875 sf, lot size is 13,500 sf; fivebdrms. and 3.5 baths; last sold for $1,750,000in Dec. 2010; Declaration of Homestead

BUYER: Ileana Berman and Stuart M. Berman SELLER: Jean Pierre de Monchaux and NicholsA. de MonchauxPRICE/ADD: $1,860,000; 1258-1264 BeaconSt., U-7, BrooklineMTG: $1,400,000 from Bank of AmericaNOTES: Unit in low-rise condominium; unitsize is 3,025 sf; four bedrooms and four baths;sellers ownership in unit dates to June 1994

BUYER: Paul Lyons and Robin M. LyonsSELLER: Peter C. WelchPRICE/ADD: $1,800,000; 53 Yacht Club Rd.,FalmouthMTG: $1,530,000 from Needham BankNOTES: Single-family property, const. 1930; housesize is 2,725 sf, lot size is 25,000 sf; four bdrms. andthree baths; last sold for $104,000 in Jan. 1979

BUYER: Stacy S. MachSELLER: David P. Burns and Renee D. BurnsPRICE/ADD: $1,775,000; 455 Bedford St.,Concord NOTES: Single-family Colonial; house size is5,700 sf, lot size is 35,275 sf; four bedroomsand 4.5 baths; last sold for $400,000 in Oct.2003; Declaration of Homestead

BUYER: Jamie Adess GrossmanSELLER: Lingyun Song, aka Ling-Yun Song,and Wei Tao PRICE/ADD: $1,740,000; 19 Estabrook Rd.,Newton NOTES: Single-family Colonial, const. 1927;house size 3,575 sf, lot size is 25,700; threebdrms. and 4.5 baths; last sold for $1,587,500in Aug. 2007; Declaration of Homestead

BUYER: Michael R. WilmerdingSELLER: Sigalit Eliahou-Fishman and Steven A.Fishman PRICE/ADD: $1,722,905; 62 Beacon St., NewtonNOTES: Single-family Colonial, const. 1930;house size is 3,425 sf, lot size is 18,550 sf; sixbedrooms and 4.5 baths; last sold for $794,625in Dec. 2000; Declaration of Homestead

BUYER: Kirk Portmann and Mukhayo PortmannSELLER: Allison J. Spies and Joseph R. Spies PRICE/ADD: $1,610,000; 146 High St.,NewburyportNOTES: Single-family Antique, constructed1832; house size is 5,200 sf, lot size is 11,325sf; six bedrooms and 3.5 baths; last sold for$970,000 April 2013




Citibank financing of $1,358,000 has enabled the $1,940,000 purchase of 34 Heath St. in Brookline byAdam Grossman and Maria Hannemann from Kim Sonnabend. The single-family Colonial has 4,175 sfwith four bedrooms and 2.5 baths and is located on a half-acre lot across from the Brookline Reservoir.Its prior sale of $785,000 occurred in Jan.1996, the same year of 34 Heath St.’s completion.


BUYER: Anna Papalimberis & George Papalimberis SELLER: Jennifer Clifford and Peter CliffordPRICE/ADD: $1,525,000; 18 St. Thomas MoreDr., Winchester NOTES: Single-family Colonial, const. 2003;house size is 4,200 sf, lot size is 20,025 sf; fourbdrms. and three baths; last sold for $479,000in March 2002; Declaration of Homestead

BUYER: Wendy Friedman and Stuart MarquisSELLER: Mark Duffield and Kathryn LunettaPRICE/ADD: $1,501,000; 322 Walnut St.,BrooklineMTG: $200,000 from Century B&T Co.NOTES: Single-family Colonial, const. 1928;house size is 2,550 sf, lot size is 4,800 sf; threebdrms. and 3.5 baths; last sold for $640,000 inSept. 2000; Declaration of Homestead

BUYER: David Storer and Nikki StorerSELLER: Richard Garrison and Bernard Lynch Jr.PRICE/ADD: $1,500,000; 15 Linden Dr., Cohasset MTG: $1,200,000 from Bank of AmericaNOTES: Single-family Cape, constructed 1989;house size is 4,725 sf, lot size is 1.4 acres; fourbedrooms and 2.5 baths; last sold in Dec.1994; Declaration of Homestead; Dec. 1994

BUYER: Christine Anderson and Robert Anderson SELLER: Eastward MBT LLC, trustee of TheEastwood Companies Business TRPRICE/ADD: $1,500,000; 23 John Gilpin Ln.,Chatham MTG: $900,000 from Cape Cod Five Cents SBNOTES: Single-family Cape, constructed 2014;house size is 3,275 sf, lot size is 20,000 sf;four bedrooms and 3.5 baths; property lastsold for $460,000 in July 2014

BUYER: Wynlea Close LLC, managed by DianeR. Garfield and Peter L. GrossSELLER: Jacquelyn F. DewPRICE/ADD: $1,495,000; 400 Stuart St.,U-21C, BostonNOTES: Unit in high-rise condominium; unitsize is 1,125 sf; one bedroom and two baths;unit last sold for $950,000 in June 2010

BUYER: Kadir Teoman Uysal and Mehtap LeylaTuranalp UysalSELLER: Lisa Heather Fishbayn & Jonathan Joffe PRICE/ADD: $1,480,000; 53 Fresh Pond Ln.,CambridgeMTG: $148,000 from US Alliance FederalCredit Union and $1,184,000 from US BankNOTES: Single-family Colonial, const. 1929;house size is 2,500 sf, lot size is 4,350 sf; fourbdrms. and three baths; last sold for $769,000in Nov. 2003; Declaration of Homestead

BUYER: Travis A. Keller and Zoe H. KellerSELLER: Shawmut Mainsail LLC, managed byJames E. KeliherPRICE/ADD: $1,430,000; 517 Shawmut Ave.,U-1, BostonMTG: $1,000,000 from Bank of AmericaNOTES: New unit in low-rise condo; unit size is1,700 sf; three bedrooms and 2.5 baths; selleracquired property pre-conversion for $600,000in Dec. 2013; Declaration of Homestead

BUYER: Alexander Reath and Georgia ReathSELLER: Gracyn R. Whitman, aka Gracyn W.Robinson and Peter T. Whitman PRICE/ADD: $1,400,000; 290 Bridge St., HamiltonNOTES: Single-family Colonial, constructed2007; house size is 4,700 sf, lot size is twoacres; five bedrooms and 3.5 baths; last soldfor $250,000 in April 2007

BUYER: Lisa MolvarSELLER: Diane Kinch-CorryPRICE/ADD: $1,398,000; 1 Huntington Ave.,U-707, BostonNOTES: Unit in high-rise condominium; unitsize is 1,350 sf; two bedrooms and two baths;unit last sold for $1,170,000 in Sept. 2005

BUYER: Amit Ohri and Anil OhriSELLER: Mehran GivehchiPRICE/ADD: $1,395,000; 110 Stuart St.,U-27H, BostonNOTES: Unit in high-rise condominium; unitsize is 1,025 sf; one bedroom and 1.5 baths;unit last sold for $1,073,724 in March 2010;Declaration of Homestead

BUYER: Courteney Murzie and William MurzieSELLER: Peter S. Murley and Susan W. MurleyPRICE/ADD: $1,350,000; 30 Autumn Ln.,South Hamilton MTG: $1,080,000 from Metro Credit UnionNOTES: Single-family property, constructed1989; house size is 5,625 sf, lot size is 1.9acres; five bedrooms and 6.5 baths; last soldfor $1,225,000 in July 2009

BUYER: Kerry Vanaria and Richard VanariaSELLER: Bernard McFarland and MarybethMcFarland PRICE/ADD: $1,325,000; 104 Elder Rd., Needham MTG: $927,500 from Poli Mortgage GroupNOTES: Single-family property, const. 2014; housesize is 3,700 sf, lot size is 28,325; four bdrms. and3.5 baths; property last sold for $504,000 in Dec.2013; Declaration of Homestead

BUYER: Darren Benson and Gina BensonSELLER: Patricia A. Brown PRICE/ADD: $1,305,100; 108 High Rock Ln.,WestwoodMTG: $1,109,335 from JPMorgan Chase BankNOTES: Single-family Colonial, const. 1959;house size is 3,850 sf, lot size is 1.1 acres; fourbdrms. and four baths; last sold for $1,160,000in May 2011; Declaration of Homestead

BUYER: Viralkumar S. PatelSELLER: Tomasz Orlowski and DanutaPruchniewskiPRICE/ADD: $1,300,000; 49 Fox Hill St. WestwoodMTG: $999,999 from Triangle Credit Union




An imposing single-family Colonial at 28 Crosswoods Path in Walpole has changed hands from DavidD. Miree and Lisa R. Miree to David P. Jordan and Mary Ann Jordan for a consideration of $1,555,000.UniBank funded the deal with an $855,000 mortgage on the 5,200-sf property that has five bedroomsand 5.5 baths on a 1.8-acre parcel off Route 109 near Rocky Woods Reservation. Its sellers had paid$1,475,000 in June 2011 for the 14-year-old residence.


NOTES: Single-family Cape, constructed 1983;house size is 6,175 sf, lot size is 2.6 acres; sixbedrooms and eight baths; last sold for$660,000 in Jan. 1997

BUYER: Chen Chen and Chen WuSELLER: Frank J. Asaro, trustee of RVJ Realty TRPRICE/ADD: $1,285,000; 2 Clearwater Rd.,WinchesterMTG: $1,027,000 from Prospect MortgageNOTES: Single-family Colonial, const. 1954;house size is 4,100 sf, lot size is 11,750 sf; fivebdrms. and four baths; last sold for $340,000in July 2000; Declaration of Homestead

BUYER: Yao Lu and Chenchen ZhouSELLER: Robert Murray, trustee of Birch Tree TRPRICE/ADD: $1,260,000; 49 Sheridan Cir.,Winchester MTG: $720,000 from Washington TrustMortgage Co.NOTES: Single-family property, const. 2014;house size is 3,275 sf, lot size is 9,575 sf; fourbdrms. and three baths; last sold for $540,000in June 2013; Declaration of Homestead

BUYER: Shirley Macbeth and Benjamin Merowitz SELLER: Amy R. Medici and Michael A. Medici PRICE/ADD: $1,240,000; 102 Mayo Rd., WellesleyMTG: $740,000 from CommonwealthMortgageNOTES: Single-family Colonial, const. 1948;house size is 2,725 sf, lot size is 10,900 sf; fourbdrms. and 2.5 baths; last sold for $735,000 inApril 2009; Declaration of Homestead

BUYER: Jennifer Hollman and Jeremy HollmanSELLER: Ellen Cosgrove and James SurprenantPRICE/ADD: $1,155,000; 26 Page Rd., Bedford MTG: $417,001 from Bank of AmericaNOTES: Single-family Colonial, const. 2007;house size is 4,025 sf, lot size is 40,075 sf; fivebdrms. and four baths; last sold for $1,040,000in July 2012; Declaration of Homestead

MTG: $540,000 and $1,116,000 from FirstRepublic BankADD: 251 Beacon St., U-1, BostonBWR: Keith Melanson

BUYER: Jeffrey Sullivan and Michelle SullivanSELLER: Dorothy E. Sergi and John V. Sergi PRICE/ADD: $1,100,000; 20 Governor LongRd., Hingham MTG: $550,000 from Winchester Savings BankNOTES: Single-family Colonial, const. 1938;house size is 2,350 sf, lot size is 14,375 sf; threebdrms. and 2.5 baths; last sold for $920,000 inAug. 2010; Declaration of Homestead

BUYER: Liudmila Homolka and Robert HomolkaSELLER: Daniel Adams and Michelle AdamsPRICE/ADD: $1,090,000; 24 Battle Flagg Rd.,BedfordMTG: $400,000 from Wells Fargo BankNOTES: Single-family Colonial, const. 1997;house size is 5,500 sf, lot size is 1.4 acres; fivebdrms. and five baths; last sold for $539,900in Jan. 1997; Declaration of Homestead

MTG: $1,060,000 from Bank of AmericaADD: 203 Commonwealth Ave., U-3, BostonBWR: Jane M. Holt and Thomas F. Holt Jr.

MTG: $1,048,000 from HinghamInstitution for SavingsADD: 9 Little Harbor Rd., Cohasset BWR: Andrea M. Miele and Paul M. Miele



First Republic Bank has provided jumbo mortgage financing of $2,565,000 to Deborah S. Jimenez andFrank R. Jimenez used on their purchase of 2 Dewing Path in Wellesley for $2,565,000 paid to VerdantProperties, an entity managed by Michael Caraviello. Set on a 33,100-sf parcel, 2 Dewing Path is a2,525-sf, four-bedroom home the seller acquired for $1,215,000 in June 2014.

Patricia E. Pinto and Adrian Salic are the new owners of 82 Williston Rd. in Brookline after their $1,000,000purchase from Howard Green and Rosine K. Green, who had held the property since paying $76,000 inJune 1974. Built in 1910, the single-family Colonial encompasses 2,675 sf with four bedrooms and 3.5baths on a 7,175-sf parcel. RBS Citizens loaned the buyers $700,000 to facilitate the purchase.


Corporation Directors/Registered Agents Address Nature of Business

ARE-MA Region No. 54 LLC Joel S. Marcus, chairman and CEO C/o Alexandria Real Estate Equities at 385 East Colorado Blvd., Operate and own real propertySte. 299, Pasadena CA 91101

Normandy New Gator Jeffrey K. Gronning and David T. Welsh, signatories C/o Normandy Real Estate at 53 Maple Ave., Morristown NJ 07960 Develop real estateMezzanine Borrower LLC

BP 17 Hartwell LLC Owen D. Thomas, CEO C/o Boston Properties at 800 Boylston St., Boston MA 02199 Develop, manage and own real estate

DIV Shawmut LLC Jonathan G. Davis, Jordanna Ferreira, Larry Lenrow, C/o the Davis Cos. at 125 High St., 21st floor, Boston MA 02110 Deal in real propertyRichard J. McCready and Scott D. Spelfogel, signatories

DIV SR River City Renaissance Owner II LLC Jonathan G. Davis, Jordanna Ferreira, Larry Lenrow, C/o the Davis Cos. at 125 High St., 21st floor, Boston MA 02110 Deal in real propertyRichard J. McCready and Scott D. Spelfogel, signatories

Lend Lease Development Inc. Denis Hickey, president; J. Brad Robinson, treasurer; 200 Park Ave., 9th floor, NYC 10166 Real estate development servicesThomas E. Tether, secretary

JAG Development Company LLC James A. Butz, James N. Duncan and Gregory G. Lamb, sigs. 1420 Spring Hill Rd., Ste. 420, McLean VA 22102 Acquire, develop and manage real estate

Sumait Holdings LLC Seren KH AMS Al Homaizi and Adel MH AL Sumait, mgrs. Principal office at Block No 3 St., NO 30 Yousef Al Fulaij St., Kaifan Kuwait, Lease and manage real property3 KWT; MA office at 772-778 Boylston St., U-W8G, Boston MA 02199

Intercontinental Capital Sankaty Co VI-A LLC James M. Bradley, signatory C/o Intercontinental Real Estate Corp. at 1270 Soldiers Field Rd., Brighton MA Invest in operating companies

Atlantic-Dracut Realty LLC David A. Capobianco and Irene T. Gruber, managers C/o Atlantic Real Estate at 205 Newbury St., Framingham MA 01701 Deal in real property

Piedmont 80 Central LLC Robert Bowers, Thomas McKean and Laura Moon, sigs. C/o Piedmont at 11695 John's Creek Pkwy., Ste. 350, Johns Creek GA Manage and own commercial real estate

BRE APEX RI MA LLC Glenn Alba, Tyler Henritze and Brian Kim, managers Principal office at 501 E. Camino Real, Boca Raton FL 33432; Operate and own real propertyGlenn Alba, Tyler Henritze and Brian Kim at 345 Park Ave., NYC 10154

Brixmor Webster Square II LLC Dean Bernstein, Robert Jambois and Steven Siegel, mgrs. C/o Brixmor Property Group at 420 Lexington Ave., 7th floor, NYC 10170 Deal w/certain real property in Marshfield, MA

Broder Partner Marginal Street LLC Dana Nielsen, Benjamin Svenson and Eric Svenson, sigs. 38 Newbury St., 3rd floor, Boston MA 02116 Develop and manage commercial real estate

Friends of Josiah Smith Tavern Inc. Cornelius Chapman, president; Adrienne Giske, treasurer; 220 Country Dr., Weston MA 02493 Non-profit formed to buy, mortgage, operate Pamela Swain, clerk and restore 358 Boston Post Rd. in Weston,

including the Josiah Smith Tavern

Sigma 7 Design GroupArchitects Robert Rouleau, president; Tytus Boleslawski, secretary; 261 Madison Ave., 16th floor, NYC 10016 Professional engineering servicesand Engineers Inc. Alexandre Kaploun and William Serra, directors

Grafton MT LLC Robert P. Shaffer, manager C/o Grafton Management at 401 E. Elm St., Ste 150, Deal with certain real property at Conshohocken PA 19428 18 Grafton St., Worcester MA

RCA Group LP Kevin Mullin, general partner; James Ward Esq., res. agent Principal office at 2701 Renaissance Blvd., King of Prussia PA 19406; Owner of real estateJames Ward Esq. at 155 Seaport Blvd., Boston MA 02210;MA office at 75 Lindall St., Danvers MA 01923

135 Route 28 LLC J. Brian O'Neill, signatory Principal office at 2701 Renaissance Blvd., King of Prussia PA 19406 Owner of real estate

Fall River Owners LLC Arnold Gumowitz, manager 421 Seventh Ave., 15th floor, NYC 10001 Manage and own real estate

279 Cabot Street Property LLC Michael Berg, Thomas Divittorio, J. Richard Edwards and 101 East State St., Kennett Square PA 19348 Real property interestsMichael S. Sherman, signatories

120 Murray Street Property LLC Michael Berg, Thomas Divittorio, J. Richard Edwards and 101 East State St., Kennett Square PA 19348 Real property interestsMichael S. Sherman, signatories

ESM Eastern LLC Raymond M. Murphy and Paul J. Waystack, managers 120 Presidenial Way, Woburn MA 01801 Real estate investment

746 Chief Justice Cushing Highway LLC Alison T. Freeman and Brandon S. Freeman, managers 746 Chief Justice Cushing Hwy., Cohasset MA 02025 Buy, lease, operate and sell real property

ERI/SNL Platform Holdings LLC Eggert Dagbjartsson and Victor J. Paci, managers C/o Equity Resource Investments at 1280 Massachusetts Ave., Invest in real estateCambridge MA 02138

Walnut Crossing LLC David H. Johnson and Scot D. Kenworthy, managers; Principal office at One Nordic Way, Melrose MA 02176; Deal in real propertySteven M. Singer, resident agent Steven M. Singer at 607 North St., Ste. 17, Wakefield MA 01880

746 Chief Justice Cushing Highway LLC Michael Brenner, Susan McGuire, Richard O'Toole, 60 Columbus Cir., NYC 10023 Buy, lease, operate and sell real propertyStephen Ross, Kimberly Stamler and Michael Trovini, sigs.

RREF II BH Garage LLC Michael Brenner, Susan McGuire, Richard O'Toole, 60 Columbus Cir., NYC 10023 Deal with certain real property known as Stephen Ross, Kimberly Stamler and Michael Trovini, sigs. Charles Street Garage at 142-162 Charles St., Boston MA

Related Beal Construction LLC Michael Brenner, Susan McGuire, Richard O'Toole, 60 Columbus Cir., NYC 10023 Real estate investmentStephen Ross, Kimberly Stamler and Michael Trovini, sigs.

Washington Heights Preservalott LP Allison Kunls, signatory; Washington Heights GP LLC Principal office at 60 Columbus Cir., NYC 10023; MA office Real estate investmentc/o Washington Heights Apartments at 55 Williamsberg Dr., Worcester MA

Friends of the Robbins Town Gardens Inc. Miriam Levine, president; Elizabeth Dellanno, treasurer; 26A Academy St., Arlington MA 02476 Non-profit formed to preserve and improve Catherine Bartlett Hirani, clerk the town of Arlington's Winfield Robbins

Memorial Garden

United Bank Commercial Properties Inc. Mark A. Kucia, president; Eric R. Newell, treasurer; 95 Glastonbury Blvd., Glastonbury CT 06033 Take title to real estate through foreclosure Marliese L. Shaw, secretary and liquidate the same

488 State Road LLC Mark Francis Andrews, manager 488 State Rd., Ste. 6, Plymouth MA 02360 Real estate development

DF Main Street LLC Charles Irving, manager C/o Davenport Asset Management at 100 Franklin St., Ste. 901, Boston MA Commercial real estate activities

Massachusetts CorporationsOrganized July 6 - July 10, 2015




Westboro Storage Inc. Mary Ann Cook, president; Milton H. Steen, treasurer; 58 N. Collier Blvd., #2209, Marco Island FL 34145 Self-storage facilityEdward J. McTighe, secretary

RGN-Boston XIV LLC Michael J. Osburn, manager C/o Regus at 15305 Dallas Pkwy., Ste. 400, Addison TX 75001 Operate executive suite business centers

Farnsworth Congress LLC Jasbir Bhogal and Thomas Calus, managers 121 Charles St. North, Boston MA 02116 Develop, lease, manage and sell real property

GJM One Dalton 2806 LLC Gabriel Jaramillo and Paulo Morieira, signatories 17 Baldpate Hill Rd., Newton MA 02459 Real estate investment

GJM One Dalton 3501 LLC Gabriel Jaramillo and Paulo Morieira, signatories 17 Baldpate Hill Rd., Newton MA 02459 Real estate investment

Care Plus Realty LLC Michael Schwartz, manager 9 Pope St., New Bedford MA 02740 Real property interests

Center Street Realty SPE LLC Michael Schwartz, manager 9 Pope St., New Bedford MA 02740 Real property interests

Bay Associates Realty LLC Barry P. Winer, manager One Gateway Center, #613, Newton MA 02458 Real estate activities

288 Commonwealth LLC Matthew Piccione, manager 2 Draper St., Woburn MA 01801 Real estate activities

3140 Washington Street LLC Jonathan F. Block, manager 30 Newbury St., 3rd floor, Boston MA 02116 Deal in real property

36-38 Maverick Square LLC Danilo A. Avalon and Earlene C. Avalon 36 Maverick Sq., East Boston MA 02128 Buy, manage and sell commercial real estate

ECC Management LLC Sam Riboud, manager 3130 Crow Canyon Pl., Ste. 240, San Ramon CA 94583 Real estate

RealFuture LLC Jonathan P. Keener, manager 270 Bellevue Rd., Quincy MA 02171 Develop, invest in and sell real estate

Mirus Capital Partners LLC Alan V. Fullerton, manager 200 Wheeler Rd., 4th floor, Burlington MA 01803 Investments, including real property interests

WJG Development LLC William J. Greene, manager Principal office at 38 Brigham Ln., Portsmouth NH 03801; MA office Real estate development and managementat 3 Malcolm Hoyt Dr., Newburyport MA 01950

176 Woburn Street LLC Robert D. Engel, manager 24 Blanchard Rd., Burlington MA 01803 Real estate activities

Chatham Dedham RI LLC Eric Rentoff, aka Eric Kentoff, manager 50 Cocoanut Rd., Ste. 211, Palm Beach FL 33480 Real estate investment

89 Waldeck Street LLC Charles Major and Donald Major, managers 98 Hancock St., #1, Cambridge MA 02139 Manage real estate

Blue Water Capital Development LLC Samuel Sokol, manager 1085 Commonwealth Ave., Ste. 215, Boston MA 02215 Lease, manage and own real estate

ET Norwood LLC James Koman and David Piasecki, managers 8027 Forsyth Blvd., St. Louis MO 63105 Operate and own real estate in Massachusetts

Abian Realty LLC Mirella Georgescu, manager; Carmen Alungulesei, signatory 31 Parker St., Watertown MA 02472 Real estate activities

Webster Market Realty LLC Igal Namdar, manager 150 Great Neck Rd., Ste. 304, Great Neck NY 11021 Real estate

NDA 385 Allen St LLC Peter Belsito and Jonathan Rauch, managers 405 Cochituate Rd., Ste. 301, Framingham MA 01701 Hold real estate

Reutzel Real Estate Development LLC Robbie Reutzel, manager 217 Forest St., Winchester MA 01890 Dealing with interests in real estate

Haverhill Road Investment LLC Michael T. Byrne, manager 8 Walnut St., U-4, Boston MA 02108 Acquire, develop and own real estate

Drummond Realty Group LLC Ilya Fuchs and Alex Peselman, managers 1674 Beacon St., Brookline MA 02445 Real estate management

18 Stillman Street LLC Simcha J. Weller, manager 220 Boylston St., #1003, Boston MA 02116 Buy, lease, manage and own real estate

Port Landing Developer LLC Jason Korb, signatory C/o Capstone Communities at 165 Amory St., Cambridge MA 02139 Deal with certain real property at 131 Harvard St., Cambridge MA

99 Border Street LLC Mary Michel and Eric Richter, signatories; Principal office at 2015 Dorset St., Charlotte VT 02043; Develop, lease, manage and purchase REDeirdre R. Prescott, resident agent Deirdre R. Prescott at 169 Lincoln St., Hingham MA 02043

Roxvale LLC Donald Clarke, Charne Dixon, Jon James & Kendall Mills, sigs. 25 Favre St., Boston MA 02126 Buy and sell real estate in Boston

Legacy Real Estate Solutions LLC Steven Charles Mathieu, manager 333 Tremont St., Boston MA 02116 Real estate activities

12 Bennett Circle LLC Daniela Minichiello and Anthony Rossi, managers 75 Williams St., Chelsea MA 02150 Deal in real property

1027 Tremont St Boston Real Estate LLC Seth Nock, manager; Sarah Ricciardelli Esq., resident agent Principal office at 1108 Brick Rd.,Winter Garden FL 34787; Build, manage and own real property in Sarah Ricciardelli Esq. at 124 Main St., Ste. 203, Charlestown MA 02129 Massachusetts

2900 Cranberry Realty LLC George Jreige, manager 228 Canton St., Westwood MA 02090 Manage and own real estate

Kane Real Estate Holdings LLC Kimberly L. Kane, manager; Jeffrey Francis Kane, signatory 3 Tattan Farm Rd., Worcester MA 01605 Hold real estate

68 Dane Street LLC William J. Hanney, manager 7 Central St., South Easton MA 02375 Real estate activities

Cranberry Crossing Realty Group LLC Donald G. Giumetti, manager 822 American Legion Hwy., Westport MA 02790 Invest in, lease, manage and sell real estate

Madmax 36 Fordham Realty LLC Paul D. Murray Jr., manager 19 Agawam Rd., Winchester MA 01890 Deal with real estate

55 Bodick Road LLC William J. McNamara Jr., manager 37 Whitmar Rd., Marstons Mills MA 02648 Deal in real property

Fairhaven Spring Street Realty LLC Michael L. Goulart Sr., manager 17 Bryant Ln., Fairhaven MA 02719 Real estate

AAA Realty LLC Lauren Adario, manager 82 Perry Ave., Lynnfield MA 01940 Lease, purchase and sell real estate

Gallant Family Enterprises LLC Derek E. Gallant, manager 14 Roundy St., #1, Beverly MA 01915 Investments, including real property interests

92 High Street DH30 LLC Stacie Sobosik Balderas, manager 92 High St., Ste. DH30, Medford MA 02155 Finance, lease, manage and own real estate

857 Beacon Street LLC Kenneth L. Mackin, manager 7 Harvard St., Brookline MA 02445 Dealing with interests in real estate

CCP NC20 LLC Donald F. O'Neill and Jeffrey O'Neill, managers 100 Grandview Rd., Ste. 312, Braintree MA 02184 Real estate

CCP NC60 LLC Donald F. O'Neill and Jeffrey O'Neill, managers 100 Grandview Rd., Ste. 312, Braintree MA 02184 Real estate

Kelnate Realty LLC David A. Burgess, manager 41 Cleveland St., Springfield MA 01104 Deal with real estate





30 Barton Street LLC John Hatzis, manager 30 Barton St., Somerville MA 02144 Manage and own comm. and res. RE

Longpoint Realty Partners LP Dwight Angelini, manager 127 Woodland Rd., Chestnut Hill MA 02467 Investments, including real property interests

Parker Real Estate LLC James Parker, manager 295 Salem St., U-59, Woburn MA 01801 Real estate brokerage

DB Realty Investments LLC Dennis Colbert and Robert Colbert, managers; Principal office at 6 Massasoit Ave., Plymouth MA 02360; Acquire real property for investmentJonathan R. Roth, resident agent Jonathan R. Roth at 53 State St., Boston MA 02109

McClure Properties LLC Christopher P. McClure, manager 5 Masonic Home Rd., Charlton MA 01501 Lease, manage and purchase real property

Summit Realty LLC Donna Tocchio, manager 16 Alewife Ln., Weymouth MA 02189 Real estate activities

Right Side Properties LLC Brandon Balducci and Britany Y. Balducci, managers 45 Eleanor Dr., Braintree MA 02184 Acquire and develop real estate

Macomber, Farr & Whitten LLC Lisa A. Howard, president; Lynn M. Quirion, treasurer; PO Box 2269, Augusta ME 04338 Property and casualty insurancePeter M. Gingras, secretary

Kappa Sigma Housing Corporation Jonathan Piazza-Harper, president; Kyle Kruczek, treasurer; Principal office at 778 North Pleasant St., Amherst MA 01002; Non-profit providing lodging and services to of Massachusetts Nicholas Chabot, clerk; Greg Hosselbarth, resident agent Greg Hosselbarth at 523 E. Fifth St., South Boston MA 02127 Gamma Delta Chapter of Umass Kappa

Sigma fraternity and community development

6 Reservoir LLC Gerard F. Gardner, manager 64 Dean Rd., Brookline MA 02445 Deal with real estate

Megansett Realty LLC James S. Mamary Sr., manager 42 Winter St., Pembroke MA 02359 Real estate activities

One Hundred Twenty Nine White Horse LLC Andrew Shanahan and James P. Shanahan, managers 37 Bartlett Rd., Plymouth MA 02360 Real estate development and ownership

Bradford Canal LLC Reza Mojtabai, manager 164 Georgetown Rd., Boxford MA 01921 Acquire, develop, lease, manage and sell RE

Granese Realty LLC Steven A. Granese, manager 59 Jefferson Ave., Salem MA 01970 Deal with real estate

173 Water Properties LLC Anne-Laurence Dodge and Charles C. Kennedy, signatories 167 Water St., Newburyport MA 01950 Hold, lease and operate real property

JCD Realty Inc. Jeffrey Daigle, manager 55 Fuller Rd., Chicopee MA 01020 Invest in real estate

Lawrence Street Realty LLC Joseph T. Donahue, manager 275 Indies Way, U-1604, Naples FL 34110; MA office at Dealing with interests in real estate12 Henry St., Medford MA 02155

23 Vinton Street LLC Ryan Philip Acone, Andrew Thomas Litchfield and 546 East Broadway, South Boston MA 02127 Invest in real estateAnthony Joseph Monahan, managers

Hanley Law Realty LLC Thomas E. Horgan, manager 308 Victory Rd., Quincy MA 02171 Real estate brokerage

3 Everett Avenue LLC Paul R. Conti, manager 10 Everett Ave., Everett MA 02149 Develop, lease, purchase and sell real estate

BSK Real Estate LLC Brian S. Kaplan, manager 123 South St., #2, Boston MA 02111 Own real estate

21 Rocky Lane LLC Gregory Coras and Jason Coras, managers 18 Dutchess Rd., Franklin MA 02038 Deal in real property


Area in Boston that is home to such heavy-weights as Beth Israel Deaconess, Brigham& Women’s Hospital, Children’s Hospital

and Dana Farber CancerInstitute. Administrationand outpatient functionshave increasingly beenshuttled out of the LMAwhere vacancy stillremains virtually non-existent.

Heretofore, therehave been fewer patient options in rural orlower-income communities inMassachusetts, the report relays, with anunderserved community having to wait anadditional 20 days for a new patientappointment. Another study shows overthe past year a 19 percent drop in primarycare physicians accepting new patients.

In both instances, the retail model andRomneyCare could be the solution,

Chazen says, maintaining the universalcoverage eliminates trepidation amongproviders that their services will not beaffordable to enough customers in a sec-ondary market. Majorhealth issues such as astroke will still mandateemergency room response,but the study indicates lessacute care can be effective-ly delivered in a retail envi-ronment, even for certainequipment and technologythat takes up substantialspace or needs the walls tobe reinforced more thannecessary in a typical mallsetting. “It doesn’t need tobe in $80 a square foot office space,”Chazen says.

The report maintains those institutionswhich pay attention to the here and nowwill pay off down the road. JLL HealthcareSolutions Managing Director Chad Pinnellagrees, observing that many “are starting

to think like retailers and reach consumerswith the right facilities in the right loca-tions” to support the mother ship.“Consumers have many choices in today’s

competitive landscape, sohealthcare organizationsthat go above and beyond incatering to the patient pop-ulation will be the most suc-cessful in the future.”

Plentiful parking alsoenhances the experience,with that aspect extremelylimited in the LMA andother downtown spots.Chazen says the cost differ-ence is dramatic as well, cit-ing one study showing

treatment of bronchitis in an emergencyroom to be $665 compared to $114 in anurgent care center while an earache wouldbe $400 to $110. Wait times are a fractionof that found in an ER, he adds, generally35 to 40 minutes as opposed to three tofour hours in the ER. n

JLL/Brandeis Studycontinued from page 10

The industry is movingoff the hospital

campus model into acommunity based

distributed deliverysystem.

MINDY BERMAN

JLL Managing Director

“

”Chad Pinnell


years,” JLL Managing Director Frank F.Petz tells Real Reporter in the wake of histeam’s latest conclusion, an urban indus-trial building in Boston’s Hyde Park dis-trict that brought its client $23.4 million.JLL represented the seller of 100 MeadowRd. whereas Transwestern RBJ procuredthe buyer, National Development (seestory, page one).

Prior to that pact, abig splash was made inBoston’s South Stationdistrict when JLL bro-kered the $114 millionsale of 745 Atlantic Ave.on behalf of BeaconCapital Partners to anaffiliate of OxfordProperties. The first-class, 175,000-sf officebuilding is one of thecity’s top Hub sales of2015, although not theonly one completedunder the JLL flag. Theteam that includesManaging DirectorJessica Hughes and VicePresidents RobertBorden and MatthewSherry was also exclu-sive agent at One MilkSt., a Central BusinessDistrict office and retailbuilding that yielded$18.2 million in its pur-chase by a New Yorkfirm in May, as firstdetailed by RealReporter. That equatesto an impressive $472per sf, partly thanks tothe retail element,according to Petz. In theSouth End, 670 Albany

St. delivered $101.5 million in an earlyJune exchange of the 161,250-sf life sci-ences property harvested for Spaulding &Slye Investments. The fully leased struc-ture that dates to 2005 went for animpressive $630 per sf.

On the academic front, JLL for the sec-ond year in a row harvested a Beacon Hill

office buildingon behalf ofS u f f o l kU n i v e r s i t ywhich is cash-ing out on thewhite-hot realestate market.The 2015 sell-off was of 20Derne St. and41 Temple St., apair of connect-ed structurestotaling close to175,000 sf thatJLL delivered$43 million toits client fromJDMD OwnerLLC, an entitymanaged byDavid Ridini.One year prior, JLL brokered the $15million sale of 32 Derne St. for the school,that six-story, 47,500-sf office propertyknown as the Fenton Building.

The multifamily team has been gainingin stature annually since JLL reconfig-ured its Capital Markets program underPetz in June 2012, and already this yearthe team led by Michael Coyne and TravisD’Amato has processed 855 units for atotal consideration of $267.3 million.Highlights include Gatehouse 75 inCharlestown, a 99-unit property thattraded for $54.5 million in March, andRichmond Vista Apartments in Wakefield,a newly constructed 114-apartment com-

plex bought by True North CapitalPartners in a $24.8 million deal negotiat-ed in partnership with Boston RealtyAdvisors. “The residential guys have beendoing excellent,” says Petz, relaying thatthe focus on apartments has now broad-ened to selling condominium plays andland sites.

JLL was again busy in suburban Bostonfollowing a bountiful 2014 selling flex,industrial and office buildings throughoutInterstate 495 and Route 128. In February,the firm completed a sale of 100Quannapowitt Parkway overlooking Route128 in Wakefield to RJKelly Co. for $31.0

JLL NE Dealscontinued from page 1

Frank F. Petz

Jessica Hughes

Robert Borden

Matthew Sherry

100 Quannapowitt Pkwy., Wakefield MA



One Milk St., Boston MA


Earlier in June, TRB was the sole brokerwhen 530 Boston Post Rd. in Marlboroughfetched $1.95 million as Ferrgraz LLCbought the 14,400-sf mixed-use buildingfrom Marlborough Village Plaza with TheVillage Bank loaning $1.46 million to thebuyer who is managed by JosephDiStefano. Set on close to an acre, 530Boston Post Rd. (Route 20) was 76 percentoccupied at the time of its sale, tenantsincluding an eclectic mix of office and retailcompanies. In both that and the Natickinstance, Blakely has been retained asexclusive leasing agent by the new owners.

The Burlington listing that accountedfor TRB’s largest deal of 2015 helped kickoff the year on a high note, but activitywas steady throughout the opening halfwith Blakely also orchestrating a $1.34million restaurant sale in Kingston thiswinter, plus the May closing at 845Boylston St. in Brookline, that auto servicestation bringing $2.15 million. n

Blakely Salescontinued from page 2

530 Boston Post Rd., Marlborough MA

104 Worcester St., Natick MA

The Real ReporterVOLUME 9, NUMBER 10

© 2015 The Real Reporter, LLC. Ten Post Office

Square, Boston MA 02109, 617-692-2997. All

rights reserved. No part of this publication

may be reproduced without the written con-

sent of the publisher.

million, that a 168,000-sf office buildingheretofore owned by Digital Realty Trust.Griffith Properties was the winning bidderon 480 Sprague St., a 232,675-sfflex/industrial complex in Dedham thatwent for $15.4 million in mid-May.

As for the other half of the billion-dol-lar amulet, JLL is poised to make a strongrun at that figure given the listings still inplay, among them the NorthPoint develop-ment in Cambridge said to be under agree-ment to DivcoWest for a whopping $300million, plus downtown office buildings in18 Tremont St. and 230 Congress St. in theFinancial District and 131 Dartmouth St.in the Back Bay. In the suburbs, JLL has1099 Rockland St. in Hingham listed for

the Grossman Cos., Ballardvale OfficePark in Wilmington is being peddled forGriffith Properties; and 154 CampanelliDr. in Middleborough, a 257,800-sf indus-trial building dating to 2000, is also on theblock.

“Our pipeline is really stacked,” saysPetz who is not hazarding any estimatesabout 2015 volume but concurs that “weare off to a great start” while praising JLL’sspirit of cooperation among the CapitalMarkets, structured finance and leasingand research divisions for helping to buildthe investment sales platform so quickly.“Our leasing people deliver some of thebest market information around, and thatis a real help,” says Petz, whereas the debtgroup led by Heather Brown and JonathanSchneider has already arranged financingin excess of $356 million YTD involving 2.3

million sf of space. Several Capital Marketsclients have been in that mix, among themRJKelly at 100 Quannapowitt Pkwy. whereJLL secured $22.8 million from CambridgeSavings Bank, and 480 Sprague St. whereGriffith Properties and Echo BridgeCapital borrowed $11.3 million fromCustomers Bank.

Given the recent surge, Petz says JLLis anticipating more hires to the CapitalMarkets group, but says the formulaalready created needs to be preserved.“We have built a very collaborative culturewith some really talented, cool people, andwe don’t want to change that (environ-ment),” Petz says. “Everyone is workingextremely well together, and we havesome exciting things in store, but we doexpect to bring more people in as we getbigger, including more producers.” n

JLL NE Dealscontinued from page 33


with the new ownership” in Bulfinch’sbrief tenure, according to Senior VP NeilMurphy.

“In short time, they have made tremen-dous enhancements to the property andtheir commitment to the asset and its ten-ants is quite clear,” says Murphy. “And

because of that,Enservio chose toextend its lease early.”That was good news forthe landlord, Director ofLeasing Michael B.Wilcox conveys in apress release character-izing Enservio as “afirst-class tech compa-ny” who found CutlerCorporate Center suit-able for the headquar-ters operations of a firmthat has some 400employees globally.“117 Kendrick St. is ahighly desirable proper-ty for tech companiesand delivers all theamenities today’s ten-ants demand,” saysWilcox. “It is a perfectlocation for Enservio,and we look forward toour continued long-term relationship.”

Wilcox handled negotiations in-housefor Bulfinch, while DTZ professionalsBrian Hines and Ryan Romano counseledEnservio. Details of the agreement werenot divulged, but DTZ pegs pricing for topoffice rents in Needham at $28 per sf.Wilcox was also involved in the Hillsite

lease in which the Colliers Internationalteam of John Carroll, Bill Lynch andMatthew Perry represented Kaminario.The firm joins such existing tenants in theseven-story, 112,000-sf building asExtreme Reach, Mass Mutual LifeInsurance Co. and Waldron H. Rand Co.,CPAs.

Besides on-site attractions, Bulfinch

credits Hillsite’s presence in the N2 districtfor enticing Kaminaro, with daycare, fit-ness options and retail plentiful in theneighborhood, plus the Needham SheratonHotel is right next door. “Hillsite is perfectfor growing companies like Kaminario andthey will be in great company amongst themany tech companies in the area,” Wilcoxrelays in the release. n

Bulfinch Leasescontinued from page 5

Hillsite Office Building, 75 Second Ave., Needham MA

117 Kendrick St., Needham MA

John Carroll

Bill Lynch

Matthew Perry

team advising Legacy and its founder,Michael Price. Eastport Real Estate and inparticular Vice President Michael Jaffewere cited by Legacy for having guidedand supported the process and maintain-ing the property to a level that helpedfoment the favorable outcome. The AvisonYoung role was key as well, he says.

“Legacy held this property for sevenyears, and the Avison Young team identi-

fied the right timing and knew the marketwell enough to execute a sale that exceed-ed our projections,” Price says in the pressrelease. Dickason calls the agreement “aterrific transaction supported by strong,active ownership, a quality local buyer andthe overall strength of Boston’sindustrial/flex market,” adding that, “weare pleased with the activity and endresult, and look forward to working withLegacy on future deals.”

Located on Route One close toInterstate 95, 6 Merchant St. is 100 per-

cent leased to a half-dozen tenants, a qual-ity roster which Avison Young promoted asa selling point in pitching the building toprospective suitors. Amenities include thenearby Patriot Place, a 1.3-million-sfexpanse featuring dining, entertainmentand shopping options. Legacy had paid$2.31 million for the building in June 2008backed by a familiar figure in CambridgeSavings Bank, that loan for $1.75 million.Anthony A. Franchi Sr. is listed in publicrecords as manager of Franchi MerchantStreet LLP. n

Legacy $2.9M Salecontinued from page 8

36 THE REAL REPORTER October 21, 2011

operation. A few days after clientIntercontinental Real Estate Corp.’s historictrade of the 182,000-sf laboratory buildingwas completed, Transwestern RBJ sepa-

rately closed on the$19.2 million dispositionof a Norwood officebuilding for LNR and isalso broker for a150,500-sf Boxboroughoffice asset reportedlybeing acquired byPiedmont from LincolnProperty Advisors.Transwestern RBJ alsorecently advisedNational Developmenton its $23.4 million pur-chase of an industrialproperty in Boston’sReadville section (seerelated story, page one).

“A lot of things arecoming together all atonce,” TranswesternRBJ Capital Marketschief ChristopherSkeffington confirms toReal Reporter this week,attributing the timing tobe more coincidentalthan orchestrated butacknowledging “we havebeen busy” during aperiod when CREinvestment sales tend toslow through Labor Day.

The opposite is truefor Transwestern RBJ,however, withSkeffington indicatingother assignments areslated to conclude overthe near term, althoughhe declined to elaborate.As to 80 Central St.,Skeffington would sayhis firm is indeed brokerfor seller Lincoln

Property Advisors, yet was unresponsive toinquiries regarding Piedmont being thewinning bidder at a price said to beapproaching $14 million. The asset couldbe possibly changing hands by month’send, sources say, with Skeffington again

non-committal on those reports.One reason supporting the

notion of Piedmont taking on 80Central St. would be its ownershipof the abutting 90 Central St., thata 181,150-sf building constructedin 2001 that the investment firmpaid $31.7 million for in June2002. “Makes a lot of sense,” agreesone market professional, especially afterLincoln hired the Transwestern RBJ team ofSkeffington, Roy Sandeman and Joseph Olinto sell the building right next door. A fullmarketing campaign was conducted toensure the entire capital universe wasaware of a property touted for being 92 per-cent leased to a roster of solid tenants,many ushered in by the Transwestern RBJleasing crew of James Lipscomb, BrianMcKenzie and John Wilson who were advis-ing suitors of 80 Central St. on the submar-ket. “It does very well,” Skeffington says of abuilding that once was home to 3Com Corp.

The Norwood assignment completedLNR’s reluctant hold of two office build-

ings at Edgewater Drive, with OneEdgewater Dr. auctioned off to a New Yorkinvestor last year and now a Midwestgroup has stepped up to buy TwoEdgewater Dr. for $19.2 million, equatingto a healthy $190 per sf inspired by a long-term net lease for the entire property bySiemens. Rob Byrne and John Lasharwere instrumental in that exchange, saysSkeffington. “I think LNR was happy withit,” he says, particularly given the complexhaving struggled after the 2008 recession.Buyer Elm Street Funds is a St. Louis-based investor said to favor net-leasedproduct and buying into the region just asthe Route 128 South submarket enjoys a

Transwestern RBJcontinued from page 1

2 Edgewater Dr., Norwood MA

830 Winter St., Waltham MA

Steve Purpura

John Lashar

Chris Skeffington

Roy Sandeman

Joseph Olin


Jamey Lipscomb Brian McKenzie John Wilson


bounce from tenants fleeing Lexington,Waltham and Wellesley rents.

Skeffington and other TranswesternRBJ professionals involved were not avail-able when therealreporter.com firstunveiled the 830 Winter St. sale that set arecord $572 per sf for a suburban lab build-ing in being acquired by King StreetProperties and Carlyle Group. The nine-fig-ure transaction was among TranswesternRBj’s largest ever, Skeffington reports,wrapping up a 10-year-old hold byIntercontinental which had paid $51.2 mil-lion for the building in 2005 and filled it tocapacity after purchasing 830 Winter St. at35 percent occupancy.

“Intercontinental really hit a home runon that one,” Skeffington says, with 830Winter St. serving as a price alternative to

East Cambridge and stillcommanding rents in the$40-per-sf realm.Transwestern RBJ hadSkeffington, Lashar andSandeman along withJon Varholak and StevePurpura helpingprospective buyersunderstand the heftyprice tag needed to winthe day at 830 Winter St.King Street/Carlyle sub-sequently hiredVarholak, Ron Friedmanand Eric Smith as leasingagents for the building.

As the July 21st RealReporter article detailed, 830 Winter St.was a prized opportunity thanks to ascarcity of suburban lab product and theflexible building systems that allows both

biological and chemicalapplications plus suchelements as a PH neu-tralization facility, labcompressed air, CO2,nitrogen and RODIwater. Tenants includeG l a x o S m i t h K l i n e ,Histogenics Corp. andImmunoGen Inc., itsrecent lease expansionto 108,000 sf through2020 credited as oneselling point helping todrive pricing.

All told, TranswesternRBJ has already record-ed over $145 million in

the recent closings not counting 80 CentralSt. That plus other considerations could putthe figure towards $175 million in the com-ing weeks. n

Transwestern RBJcontinued from page 36

Rob Byrne Ron Friedman

Jon VarholakEric Smith

scored 83.5 out of 100 on whether arespondent was likely to recommend thefirm to a business associate or colleague.The closest ranking to Cresa was 33.3. On“ease of doing business,” Cresa was at 9.61out of a possible 10.0 followed by DTZ at8.58 and C&W with 8.05. On the other keycategory, “Best Overall,” Cresa posted90.8 percent followed by C&W at 70.6 per-cent and DTZ at 70.0 percent. Accordingto Watkins, which has conducted the sur-vey every other year since 2005, a scoreover 50 would be considered “good” forthe latter category and anything over 70deemed “excellent.”

The lopsided results were not lost onSciolla, placing its relevance on both theserious competition being reviewed andalso the respondents, those being 273 cor-porate real estate executives from 257companies including North America’slargest space users in such fields as bank-ing and finance, healthcare, manufactur-ing, retail and technology. Watkins says87.6 percent of the respondents “controlor influence the corporate real estate deci-sion process” for their organization.

“I can’t say I’m surprised we did sowell, but I was obviously thrilled how itturned out given the participants were anobjective group and it was nice to see howwe measured up in their eyes against the

big boys,” Sciolla tells Real Reporter,adding, “We were really ecstatic we gotsuch high scores in all the categories,especially the top three.”

In assessing just why the results wereso stark, Sciolla credits being right sized tothe point of having principals activelyinvolved in client relationships while stillcontinuing to increase its platform andoperate throughout the US, its stable ofprofessionals now approaching 1,000strong. But Sciolla maintains the basic dif-ferentiator is being laser-focused on thetenant side of the aisle while many of the22 other firms in the Watkins survey areadvising both landlords and space users.

“I think the message is starting to res-onate that there are inherent conflictsfrom representing both sides in the samenegotiations, and people are becomingmore educated on what the tenant’s expo-sure can be on a lease transaction,” hesays. “Our message has been out there 20years now and it could be it is finally get-ting through.”

The firm founded by former DigitalEquipment Corp. real estate executiveWilliam Goade has ridden that concept togreat heights as the Watkins review indi-cates, and being able to distinguish one’scompany appears to be increasingly criti-cal as the same study showed 37 percentof CRE providers now use just one firmcompared to 27 percent in 2009. Eventhose willing to split the business are

shrinking the pool to using a handful ofproviders, Watkins shows. The survey alsoquestioned whether respondents expectto spend more on CRE services going for-ward, of which 34.9 percent said theywould spend more, 14.3 percent indicatedthey would spend less and 50.8 percentforsee no change in their budget.

The 10 other rankings include how“business savvy” a group is, whether it“delivers results on-time and within budg-et,” “adapts their services to fit a client’sneeds/culture,” how well it “understandsand avoids conflicts of interest,” where thefirm ranks on reputation and industryrespect, and how rational a company’s pric-ing is for services. The firm’s financialhealth, use of technology and internal per-formance monitoring were also bests forCresa, which was in the top five for the finalitem, that being which firm has offices in allthe major global markets where the clientdoes business, in that instance CBRE finish-ing No. 1 followed by JLL, DTZ and C&W.

Besides Cresa, several operations withBoston offices also fared positively in thesurvey. DTZ was in the top five for nine ofthe 10 extra categories and came in sec-ond on six of those 10 metrics. JLL was inthe top five for eight of the 10 and tooksecond place four times. In addition tojoining Cresa and DTZ in the three leadingcategories, C&W was in eight of theremaining 10 metrics whereas CBREranked four times in the top five. n

CRESA Surveycontinued from page 1


highway visibility, expandable parking and alarger sales floor,” all intended to betterserve Alec’s consumer constituency.

Given Nashua’s reputation as a retailMecca driven by abutting Massachusetts,Alec’s Shoes will have plenty of companyat 1617 Southwood Dr., notes Farrelly,calling it “an exceptional location”between having over 1,100 sf of frontageon Southwood Drive and 500 feet on theSomerset Parkway and being in the thriv-ing retail corridor laden with hotels,restaurants and other storefronts.Shoppers are pumped in from the F.E.Everett Turnpike and Somerset Parkwayinto the district that is near the NashuaAirport. “I think they will do very wellthere,” Farrelly says regarding Alec’sShoes of a property slated for completionnext year.

A purchase of 575 Amherst St. for $2million to National Development is essen-tially a land play given a 51,875-sf industri-al building on the 8.5-acre site will bedemolished in favor of a 54-unit memorycare center, Bridges by Epoch. Based inNewton, MA, NatDev is an experiencedassisted living developer which hasteamed with Epoch Senior Living to createa series of similar facilities in NewEngland, with 575 Amherst St. slated tocome on line in autumn 2016.

According to Farrelly, “575 Amherst St.represents prime real estate just offNashua’s coveted commercial hub,” akaRoute 101A, a location that the experi-enced buyers considered the best avail-

able for visibility and presence in thedensely populated region and amidst thethrong of dining and retail options. Theproject “will benefit from its superioraccessibility and being at a heavily trav-eled, lighted intersection with signageopportunities,” outlines Farrelly, his teamadvising seller Nashua RE Holdings LLC.

As eclectic as those two assignmentswere, C&W encountered an especially rarerequirement in selling 29 Flagstone Dr. inHudson to RHM International, a companyinvolved in grid technology that paid $3.21million for the manufacturing/warehousefacility from C&W client Atrium Medical

Corp. The buyer’s one unusual tenantimprovement was a 65-foot silo in which itcan house a “Faraday Cage,” equipmentenabling electrical charges to be safelydispersed for testing purposes, in thisinstance to assess impacts from lightningstrikes.

“That’s a new one,” accedes Farrelly,who credits the lightning-fast response oftown officials in a zoning change to allowthe 15,000-sf addition. “Hudson is tryingto attract companies, and this was anexcellent example of everyone working toaccommodate the needs of a valued ten-ant who is bringing good jobs to the area,”he says. “It worked out great for every-one.” Another attraction for RHM, Farrellyreports, is from being in the SagamoreIndustrial Park that is designated anEconomic Revitalization Zone eligible fornew business tax credits.

Based in Beijing, RHM Internationaldevelops, manufactures and sells high-voltage electrical equipment aimed atincreasing the efficiency and reliability ofglobal power grids. The fully air-condi-tioned building it is moving to is set on 4.5acres and has five loading docks and twodrive-in doors. The building was renovat-ed and expanded to 44,500 sf in 2001 byprevious owner Parker-Hannifin. n

29 Flagstone Dr., Hudson NH

1617 Southwood Dr., Nashua NH

C&W NH Dealscontinued from page 2

was provided from Fannie Mae by PhyllisKlein, Vice President of BorrowerRelationships, Structured Transactionsand Seniors Housing who points to twodecades of working with Arbor on conven-tional financing for its confidence. “We arepleased to now have the company offeringour highly competitive Fannie Mae SeniorsHousing product to investors across thecountry,” she says of solutions considered“customized and flexible” in the competi-tive marketplace.

Arbor is already known as a long-stand-ing Top 10 Fannie Mae DUS MultifamilyLender by volume and was the top FannieMae Small Loan Lender in 2014. Besidesbeing among only 17 Fannie Mae SeniorsHousing lenders in the market who canoffer market-leading, non-recourse financ-ing for independent living, assisted livingand memory care facilities, Arbor says itsanticipates the new platform will furtherenhance its capabilities in the SeniorsHousing & Healthcare Finance divisionwhich is already offering one-stop financ-ing complete with bridge and FHA seniorshousing loans also in the mix.” n

Fannie Senior Platformcontinued from page 5



Campanelli and partner TriGate Capitalpaid $16.3 million for Heritage One andHeritage Two (adding 108 Myrtle St. inSept. 2014), more than 15 tenants havesigned up at the park, most of them in

Heritage Two but amajor 90,000-sf agree-ment was signed thisspring by State StreetCorp. at the heretoforevacant Heritage One,that a five-story buildingwith 173,000 sf.

The MassachusettsTeachers Associationwill move into 48,000 sfat Heritage Two thisautumn. Presently inBoston’s Fort PointChannel district,WorldStrides is peggedfor an arrival to HeritageLanding in September, arelocation Senior VP ofOperations TimSweeney says the com-pany is looking forwardto completing. “We arevery excited to be mov-ing to the Heritage cam-pus,” he says. Citing

easy access to the MBTA Red Line thatconnects to Fort Point, downtown Bostonand Cambridge plus a host of urban-styleamenities such as Sebastian’s Café and “agreat workout facility,” Sweeney says theCampanelli package “made the decision ano-brainer.”

The C&W Boston team of David Marteland Molly Davis was joined by suburban

experts Michael Frisoli and MatthewMorgan representing Heritage Landing,whereas DTZ broker Colin Greenhalghnegotiated on behalf of WorldStrides.Although specific details of the agreementwere not provided by either party, mid-year office market figures seem to bearout the cost savings touted in making theleap from city limits to an inner-suburbanvenue. A Savilas Studley midyear reviewshows that while Route 128 South hasseen average first-class office rents rise4.2 percent since Q2 2014 to $22.14 per sf,similar product in Fort Point Channel isaveraging $53.50 per sf and the FinancialDistrict is at $43.04 per sf. Campanelli hasestimated at least a $20-per-sf rent dis-count for tenants making a few extra stopsalong the Red Line from downtown andthe Seaport, with the firm’s vertically inte-grated approach enabling further cost sav-ings in the formula.

As Campanelli puts a final push to com-plete leasing at Heritage Two where com-pany officials report “strong activity on all

the remaining space,” lobby renovationsare underway at Heritage One and now atHeritage Point, the 161,000-sf 108 MyrtleSt. asset bought for $8.6 million in a dealbrokered by C&W (which also soldHeritage One and Two in the June 2013exchange). Heritage Landing now encom-passes 518,875 sf.

A similar approach as that reapingrewards at Heritage Two are in store forthe other two structures, according toCampanelli, whose in-house constructionunit is overseeing that process.

Anticipating tenants who cater to“young, innovative companies who workoff hours,” Heritage Two features the first-ever Micro Market in a suburban building,an operation that can be accessed via atenant’s FOB at all hours with drinks,sandwiches and snacks available throughan automated pay station. There is also anew entrance for Heritage Two, modernconference center and the high-end fit-ness facility Sweeney deemed an attrac-tion for WorldStrides. n

View of Boston skyline from Heritage Two, Quincy MA

Heritage Hub Tenantscontinued from page 4

Calare acquired the building for $11 mil-lion.

“Recent capital improvements madethis an attractive property for Calare tohave in its portfolio,” Juszczyszyn says ofthe Waltham investment that has agree-ments in place with tenants Saks FifthAvenue and Launch Trampoline Park.“The long-term leases with contractualrent increases make this opportunity evenmore stable and desirable,” Juszczyszyn

observes, a view shared by Calare Directorof Acquisitions Andrew Iglowski wholauds the building for being able to “pro-vide stable, long-term cash flow and astrong risk-adjusted return” in an improv-ing business district.

“This asset is uniquely positioned tobenefit from its urban infill location,increasing tenant demand for functionalwarehouse space and diminishing supplydue to rapid redevelopment within theWatertown/Waltham industrial submar-ket,” says Iglowski, especially that alongthe Pleasant Street corridor. n

CBRE/NE Loanscontinued from page 7

Peter Brown

Michael Frisoli

Matthew Morgan

project, with Colliers estimating a comple-tion will occur by the first quarter of 2016.

Needing to demolish an existing ware-house at 375 Providence Hwy., theWestwood automobile dealerships are notexpected to be on line before the thirdquarter of next year. Prime did receivefinancial backing for that project to thetune of $13.0 million from M&T Bankunder the entity AMR Real EstateHoldings Westwood LLC. n

Elcock Listingscontinued from page 8