WEST SPRINGFIELD, MASS. — Colliers has negotiated the $2.7 million sale of a 190,000-square-foot industrial building in West Springfield, about 90 miles west of Boston. The single-tenant building at 100 Palmer Ave. sits on 12.8 acres. According to LoopNet Inc., the property was built in 1920 and features seven dock-high loading doors and two grade-level loading doors. Christian Dietz and Bob Pagani of Colliers represented the seller, Westrock Container LLC, in the transaction. The buyer was JDZ Realty LLC.
BOSTON — Shawmut Design and Construction has topped out 100 South Campus Drive, a 276-unit student housing project that is located in the Allston area of Boston but will serve graduate students, faculty and staff at Harvard University, which is located across the Charles River in Cambridge. Designed by Marvel Architects, the project is part of a larger transformation of 175 N. Harvard St., the thoroughfare that connects Allston and Cambridge, and which includes the new home for the American Repertory Theater. The number of beds was not disclosed. Completion is slated for 2026.
MEDWAY, MASS. — New York City-based CP Capital has sold Hathon Medway, a 190-unit apartment complex located about 45 miles southwest of Boston. Built on 12.3 acres in 2023, Hathon Medway features 142 market-rate and 48 affordable units within four- and five-story buildings. Amenities include a pool, fitness center, coworking space, a clubroom, game room and bar area, demonstration kitchen, playground and a dog run. The buyer and sales price were not disclosed.
NEWBURYPORT, MASS. — The RAM Cos. has purchased a 46,000-square-foot industrial building in Newburyport, located near the Massachusetts-New Hampshire border. The building sits on 4.4 acres and was fully leased at the time of sale to Alpha Laval, a Swedish machinery provider. David Coffman and Michael Restivo of JLL brokered the deal. The seller was not disclosed, but RAM Cos. purchased the building in conjunction with a 32,000-square-foot complex in Seabrook, N.H., for $14.5 million.
WALTHAM, MASS. — Commonwealth Financial Network has signed a 151,765-square-foot office lease in Waltham, a western suburb of Boston. The provider of comprehensive services to the financial advisory community is taking space at 275 Wyman Street, a five-story, 300,000-square-foot building that is part of a larger 2.2 million-square-foot campus. CBRE represented the landlord, Hobbs Brook Real Estate, in the lease negotiations. Newmark represented the tenant, which plans to take occupancy of its new space in the first quarter of 2026.
CAMBRIDGE, MASS. — Newmark has negotiated the sale of three life sciences facilities totaling 552,543 square feet in Cambridge, located across the Charles River from Boston. The facilities are located at 215 First St., 150 Second St. and 11 Hurley St. in the Kendall Square submarket. Robert Griffin, Edward Maher, Matthew Pullen, James Tribble, Samantha Hallowell and William Sleeper of Newmark represented the seller and procured the buyer, both of which requested anonymity, in the transaction. Newmark’s Grady Zink provided financial analysis support for the transaction.
BOSTON — Marcus & Millichap has brokered the $7.9 million sale of three retail buildings totaling 20,924 square feet in Massachusetts and New Hampshire that are leased to automotive services provider Town Fair Tire. The Massachusetts buildings are located in Billerica and Brockton, and the New Hampshire property is located in Nashua. Jim Koury and Alex Quinn of Marcus & Millichap represented the seller, Orion Buying Corp., in the deal. Ryan Wilmer, also with Marcus & Millichap, procured the buyer of the Massachusetts buildings. Robert Rohrer Jr. of Colliers represented the buyer of the New Hampshire asset.
LOWELL, MASS. — CBRE has brokered the sale of Residences at Crosspoint, a 240-unit apartment complex located in the northern Boston suburb of Lowell. Completed in 2020, the six-story building offers studio, one- and two-bedroom units with an average size of 863 square feet. Amenities include a clubroom, fitness center and a business center. Simon Butler, Biria St. John, John McLaughlin and Brian Bowler represented the seller, a partnership created and operated by SMC Management Corp., in the transaction. The team also procured the buyer, an affiliate of New York City-based Osso Capital.
BOSTON — Edge Property has purchased a 49,275-square-foot office complex in downtown Boston. Known as 10 Liberty Square and 12 Post Office Square, the property was 53 percent leased to 10 office and retail tenants at the time of sale. Robert Griffin, Edward Maher, Matthew Pullen, James Tribble, Samantha Hallowell and William Sleeper of Newmark represented the undisclosed seller in the transaction. The quintet also collaborated with Newmark’s Michael Byrne, Thomas Greeley, Devlin Man, Casey Griffin, Joseph Alvarado and Casey Valente to procure the buyer.
PLYMOUTH, MASS. — A joint venture between Alliance Realty Partners and an undisclosed institutional investor has sold Marq at The Pinehills, a 220-unit apartment complex in Plymouth, located south of Boston. Built on seven acres in 2016 within the 3,200-acre Pinehills master-planned development, the property offers one- and two-bedroom units with an average size of just over 1,000 square feet. Amenities include a clubroom, outdoor heated pool with a sundeck, fitness center and coworking space. Simon Butler, Biria St. John, John McLaughlin and Brian Bowler of CBRE represented the joint venture in the transaction. The buyer and sales price were not disclosed.