Northeast

NEW YORK CITY — Three office buildings located at 164-168 Canal St., 40-42 Elizabeth St. and 159-165 Canal St. in Manhattan’s Chinatown neighborhood have sold for $95.5 million. The properties total 79,375 square feet. The six-story, 49,950-square-foot building located at 164-168 Canal St. was 70 percent occupied at the time of sale by tenants such as Citibank and NY Life & Co. George Comfort & Sons Inc. and ASB Real Estate Investments purchased the building for $61.9 million, or $1,239 per square foot. The five-story, 24,425-square-foot office building at 40-42 Elizabeth St. includes two ground-floor retail spaces with 16 office units above. The two-story, 5,000-square-foot office property at 159-165 Canal St. includes ground-floor retail and is anchored by First Republic Bank. Isaac and Joseph Oved of The Oved Group purchased the two buildings at 40-42 Elizabeth St. and 159-165 Canal St. for $33.6 million, or $1,142 per square foot. Paul Massey Jr., Robert Burton and Nick Petkoff of Massey Knakal arranged the transactions on behalf of a family who sold the buildings.

FRANKLIN, MASS. — The Stubblebine Co./CORFAC International and R.W. Holmes has arranged a long-term 28,656-square-foot lease renewal at 40 Kenwood Circle in Franklin. New England Chapel, an Evangelical Christian Church, will complete a renovation of the administrative areas and classrooms and chapel areas. James Stubblebine and Alan Ringuette of The Stubblebine Co. and John Eysenbach of R.W. Holmes represented Chris Paine and New England Chapel.