11.07.2015 Views

Residential Deals - The Real Reporter

Residential Deals - The Real Reporter

Residential Deals - The Real Reporter

SHOW MORE
SHOW LESS
  • No tags were found...

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Helveti73 extenTHIS WEEK’S ISSUEMelrose Moment . . . . . . . . . . . . . . . . 2Arch Rockland . . . . . . . . . . . . . . . . . . 4Fast Start for EarlySense . . . . . . . . . . . 5Store Front . . . . . . . . . . . . . . . . . . . . 6Acton Action . . . . . . . . . . . . . . . . . . . 8THE REAL REPORTPar ExcellenceGranite Links golf course, Quincy MABOSTON — To say there is a lot ofgood golfing in the real estate industryspeaks less to skill on the linksand more the willingness to structurerecreation time around a charitablecause, as is the case again in 2013 asa seeming unending string of tournamentsare lined up from a wide berthof professional groups and tradeassociations who view the venue as aperfect storm of charity, networkingand—just a bit—of physical exerciseto be found between the 1st and 19thholes.Kicking off this year’s lineup earlierthis month was the NAIOP ofMassachusetts tournament, a<strong>The</strong> <strong>Real</strong> <strong>Reporter</strong>A COMPENDIUM OF COMMERCIAL PROPERTY & CAPITAL NEWS<strong>The</strong> REal <strong>Reporter</strong> corporate ID infocontact: feedback@therealreporter.comwww.therealreporter.comwebsite:Tag line: <strong>The</strong> News Source for Commercial <strong>Real</strong> EstateWeekly <strong>Reporter</strong>continued on page 26BY JOE CLEMENTSCAMBRIDGE — Allof a sudden, westCambridge is makingup for lost time, andit appears the investmentworld is watching,as evidenced in theimminent sale of 10Fawcett St. to a partnershipbetween ArtemisGroup and GriffithProperties. <strong>The</strong> propertycontinued on page 23Ten Fawcett St., Cambridge MAJUNE 28, 2013C&W Reps Synergy in $33M TradeOf West Cambridge Office BuildingTritower on the Board in $32.2M BuyBY JOE CLEMENTSNORTH READING —One of suburbanBoston’s most stabilizedindustrial assets hasbeen sold to a partnershipbetween Tritower FinancialGroup and CressetPartners, a 208,900-sf assetpeddled through CBRE/New England. <strong>The</strong> $32.2300 Riverpark Dr., North Reading MA continued on page 27Calare, Grossman Swap Warehouse for $7MBY JOE CLEMENTSMANSFIELD — Somelike their porridgejust so, and the sameis true for the GrossmanCos. regarding industrialreal estate opportunities.<strong>The</strong> Quincy firm’s activepursuit of such productfavors deals offering ameasure of value accretion,an aspect principalcontinued on page 25 60 Maple St., Mansfield MA


2 THE REAL REPORTER June 28, 2013BRA Wraps Up Mid-YearWith New Melrose ListingYou walk all over our work.Thank you.You may not know it, but Janitronics does everything from cleaningJanitronicsAds_1109_CS5.5.indd 3<strong>The</strong> bank of choice forgetting the deal done.Julia Anne M. SlomSVP & Team Leaderjanitronics.com<strong>The</strong> commercial real estate group at WashingtonTrust provides commercial real estate mortgagesfor the construction, refinancing, and purchase ofinvestment real estate projects throughout NewEngland.For more information, call Julia Anne M. Slom,Senior Vice President & Team Leader, at 401-348-1430 or email her at jaslom@washtrust.com.www.washtrust.com ~ 401-348-1200 or 800-475-2265Trusted Advisors Since 180011/13/12 10:00 AM99 Essex St., Melrose MABY JOE CLEMENTSMELROSE — It has been a busy 2013 from start to halfwayon the multifamily front, and one brokerage activelyinvolved is entering the summer on a fresh assignmentafter harvesting a legacy portfolio of 12 Brookline condominiumsearlier this month. Boston <strong>Real</strong>ty Advisors has been namedexclusive agent for 99 Essex St., an adaptive reuse of an historicbuilding into 15 new apartments mere steps from the MBTAcommuter rail to downtown Boston.To BRA principal Jason S. Weissman, overseeingthe marketing with partner ChristopherD. Sower, the transit-oriented aspect is a bigChristopher D. SowerJason S. Weissmanreason 99 Essex St. is 100 percent occupied,though he wonders aloud why residents needgo anywhere. “Melrose is an unbelievablygreat town,” he says of the community whosebustling center hosts independent shops andrestaurants that draw from beyond city borders.Bruegger’s Bagels, Turner’s Seafood Grilland Stearns & Hills Bistro are among thechoices after enjoying a walk in the park orMelrose Symphony Orchestra concert, BRAconveys in its overview showing the propertydiagonally across from a Shaw’s Supermarketand just blocks from the business district.Beyond amenities, demographics, and thequick lease-up, Weissman says 99 Essex St.will be attractive to investors given the well-appointed units andlack of deferred maintenance needed thanks to being recentlycompleted by a respected local developer who has decided toharvest the ambitious project in the white-hot multifamily climate.Its eight one-bedroom units average 796 sf and the seventwo-bedroom apartments run from 1,015 to 1,375 sf. Besides GEkitchen appliances, granite countertops and stacked washer/driers,each unit has controlled heat and hot water plus central airconditioning.Given the complete package, to which he would not providea target price, Weissman says BRA is preparing for a steady linecontinued on page 22


Your PropertyOur FinancingFannie MaeFreddie MacFHABridgeCMBSLife CompanyWalkerCommercial <strong>Real</strong> Estate FinanceAndy GnazzoSenior Vice PresidentMultifamily Financeagnazzo@walkerdunlop.com(781) 707-9354Ellen KantrowitzSenior Vice PresidentFHA Financeekantrowitz@walkerdunlop.com(781) 707-9309Mike DarlingSenior Vice PresidentMultifamily Financemdarling@walkerdunlop.com(781) 707-9428Christopher RumulVice PresidentFHA Financecrumul@walkerdunlop.com(781) 707-9466www.walkerdunlop.com


4 THE REAL REPORTER June 28, 2013CBRE Helps Rockland Trust Open Hub OfficeBY MIKE HOBAN wealth management withBOSTON — With a commercial lending. Thattrack record of office grew from virtuallysuccess financing nothing to somethingseveral high profile approaching a half billion dollarBoston commercial realaddition to our loan busi-estate deals in 2012 ness,” Gerry Nadeau,Gerry Nadeaualone, Rockland Trust Executive VP in charge ofCo. appears to have Commercial Banking forestablished itself as a Rockland Trust, tells <strong>The</strong> <strong>Real</strong>solid competitor for <strong>Reporter</strong>. “So we took a lookmid-size project lendingwhile operating fromat Boston where we alreadyhave a sizable portfolio ($300afar at their South million in Boston zip codesShore outpost. So what alone), and decided it makeswas the reasoning sense for us to open an officePatrick Cavanaghbehind this month’s in Boston and increase ouropening of a Boston lending. And based (on ouroffice at 101 Arch St.?“What we’re trying toreplicate is somethingProvidence experience), wehave pretty high expectations.”that we did a few years Rockland Trust beganago in Providence, expanding northward in latewhere we opened an 2008 with acquisition ofoffice at the GTECH Benjamin Franklin Bank,Lauren Lipscomb building that combinedcontinued on page 23 101 Arch St., Boston MAOFFICE | RETAIL | LAB | INDUSTRIALDRAPER LABORATORIES CAMBRIDGE, MAVOTZE BUTLER ASSOCIATES | CONSTRUCTION & PROJECT MANAGEMENT | 978.459.7600 | www.votzebutler.com


June 28, 2013 THE REAL REPORTER 5Stevens Aids Clientin Waltham GrowthCommercial Mortgages$250,000 up to $5 MillionPaul Carey508.804.9573David Bromberg508.804.9675Leo Barrett508.804.9158Heather Storme508.804.9031 dcu.orgDCU providesborrowers with a widerange of innovativefinancing solutions.We offer competitiverates, outstandingservice, and have aproven track recordof helping clients.135 Beaver St., Waltham MAWALTHAM — Duffy Properties has found another loyal tenant—anda burgeoning one at that—in EarlySense, anoverseas medical device company housing its US headquartersat 135 Beaver St. Initially taking 2,500 sf 24 monthsago, the company that provides patient monitoring technologyhas expanded twice in the building, the mostrecent doubling from 4,000 sf into a new suiteon the third floor.“<strong>The</strong>y are in quite a growth mode,” concurslandlord Steven Duffy, who was introduced toEarlySense by broker Debra Stevens of theStevens Group. “She did a great job on it,” heSteven Duffysays of the tenant representation specialist ofher efforts helping the client negotiate eachnew lease agreement. “We enjoy having themhere,” Duffy says of the company whose newspace is presently being prepared for occupancy.Stevens credits a responsive owner, efficientlayout and being in a key suburban officemarket as leading reasons 135 Walnut St. hasbecome the firm’s local home. Room for thenecessary growth was attractive as well, sheDebra Stevenssays, relaying that the Route 128 Central market in particular istightening quickly, making prime venues more scarce and drivingrents upward. Mid-year research from Cassidy Turley showsWaltham with a market-best net absorption of 322,000 sf YTDfor 9.4 million sf, helping plunge the vacancy rate to 15.1 percentfrom 18.8 percent in year-end 2012.Terms of the 135 Beaver St. lease were not divulged by eitherparty. One website shows asking rents in the 95,300-sf officebuilding that dates to 1985 at $19 per sf. Duffy Properties, a firmactive throughout suburban Boston, represented itself in-house.<strong>The</strong> Stevens Group is a Boston-based member of the ITRA networkpromoting tenant-focused counseling, what Stevens terms“conflict free representation.”nKeymemberspowered byGBREBRHARentalHousingAssociationBOMABuilding Ownersand ManagersAssociationBAWAYSUCCESS in real estateis all about great sites.Start with this one:GBREB.comKey member blogs & feature articlesLocal & national industry updatesProfessional development coursesCertifications & training seriesIndustry events & seminarsMarket analysisDEVELOPMENT | EMPOWERMENT | ADVANCEMENTCBACommercialBrokersAssociationGBARGreater BostonAssociation ofREALTORS ®SMwww.gbreb.comREFA<strong>Real</strong> EstateFinanceAssociation


6 THE REAL REPORTER June 28, 2013ULI Sees Changes in Retailing PatternsBY MIKE HOBANBOSTON — With both millennials andempty nesters trending towardsurban living, retail property ownersand tenants are scrambling to adapt businessmodels satisfyingtheir demand for a 24/7environment that placesa premium on shoppingand dining. At thisTuesday’s ULI event,“New Models of UrbanMatthew J. KieferMaureen McAveyRetail,” retail expertsprovided a crowd topping100 at the Bostonoffice of Goulston &Storrs insight into thetransition away frommall shopping towardsurban street retail.“Shopping is entertainmentfor urban residents,and it’s part ofyour daily experience,” moderator MattKiefer, Director at Goulston & Storrs, told<strong>The</strong> <strong>Real</strong> <strong>Reporter</strong> following the event.“You’re walking everywhere, not driving,and the shopping experience changes allthe time. It’s just another part of the urbanexperience that makes cities so interesting.”<strong>The</strong> high-powered panel includedMaureen McAvey, the Bucksbaum FamilyChair for Retail at Urban Land Institute;Smaiyra Million, CEO of Sports Club/LA;Josh Wechter, Director of Acquisitions atJamestown Properties; Adam Weiner,Managing Partner at Weiner Ventures; andJonathan Dutch, partnerat Boston UrbanPartners.McAvey began by citinga recent ULI reportthat found Gen Y to be“an urban-oriented generation. . . and they’recoming into the cities to Smaiyra Millionlive, to work, and toshop,” and she alsodebunked the myth thatmillennials are onlineonlyconsumers. “<strong>The</strong>great news (for retailers)is that Gen Y lovesto shop . . . online, inperson, at malls, at specialtystores,” she emphasized. And theJoshua Wechterdesire to live in cities is partly because theycontinued on page 24We Tip the Scalein Your FavorWork with Cresa,<strong>Real</strong> Estate Advisors WhoOnly Represent the TenantDoes your broker represent yourlandlord as well as you? If so, thatpresents a potential conflict of interest.At Cresa, we work only for the tenant.Not the landlord.That’s the Tenant’s Advantage.cresa.comCresa | Corporate <strong>Real</strong> Estate Service AdvisorsMORE THAN 255 OFFICES WORLDWIDE | MORE THAN 57 NORTH AMERICAN OFFICES


THESUMMERINVESTMENT REVIEW 2013 <strong>The</strong> Summer Review is <strong>The</strong> barometer onGreater Boston’s commercial real estatemarket. This deep dissection of reporting,statistical analytics and transactionaldata is the most insightful report in theCRE arena. Our award winning editorialcoverage will feature insightful interviewsand deep content on 2013 mid-way dealsand the companies & players who executedthem. This is the most factual compendiumon investment property& capital news. Over 25,000 professionals will receive theSummer Investment Review. Electronicallydistributed to every registered reader of <strong>The</strong><strong>Real</strong> <strong>Reporter</strong>, this is unquestionably thedeepest vertical advertising reach in the NewEngland real estate sector. Our world-classtemplate of readers are the true pacesetters inthe commercial asset arena. THE REAL<strong>Reporter</strong>SPECIFICATIONS & RESERVATION, CONTACT:617.692.2977 | ads@therealreporter.comwww.therealreporter.com


8 THE REAL REPORTER June 28, 2013NAI/Hunneman Wins Second Acton ListingACTON — This suburban west enclave isbecoming a fertile venue forNAI/Hunneman Commercial Co., withthe real estate services firm having justpicked up a second multifamily listing in the71-unit Dover Heightsapartment complex at117 Central St. aftercompleting another residentialsale there thispast month. Its prior dealwas a $4.3 million tradeGina BarrosoDavid Rossof Nashoba Apartmentsby the Hamilton Cos.when 32 units were dispatchedto Universal<strong>Real</strong>ty of Newton.A long-time hold datingto Sept. 1977,Nashoba Apartments hasremained a steady performerunder the experiencedsponsor’s stewardship,recounts NAI/Hunneman principalDavid Ross, its tenants a mix of career professionals,young families and retirees.Dover Heights, Acton MAWhile there have been recent upgrades tothe common areas and units, the Class Basset does promise an opportunity to driverents upward through a capital improvementsprogram, explains Ross, part of a seasonedteam assembled to handle that 32-unit listing and the newest undertakingwhere the group has been hired to peddle acomplex that is owned by Norwood ClubCar LLC of Milton. President Katherine A.Sobel’s family has owned the six-buildingasset since the 1970s.Dover Heights “is another value-addcontinued on page 25INTERIOR PHOTOGRAPHY SERVICESNorth EndJune 2012COMMERCIAL + RESIDENTIAL PHOTOGRAPHYAERIAL PHOTOGRAPHY SERVICES617.435.9214 DEREKSZABO.COM


June 28, 2013 THE REAL REPORTER 9Commercial <strong>Deals</strong>MILLION DOLLAR MORTGAGES/SALES JUNE 17 - JUNE 21, 2013JUNE 21STMTG: $2,500,000 and $37,500,000 fromPeople’s United BankADD: 704-714 Boylston St., and 51-69 ExeterSt., BostonBWR: Lenox Hotel LLC, managed by SaundersHotel GroupMTG: $8,000,000 from Berkshire BankADD: 26-30 Harvard St., WorcesterBWR: Worcester Health Group LLC, managedby Patrick J. SheehanMTG: $8,000,000 from Berkshire BankADD: 47 East Main St., West BrookfieldBWR: Sheehan Debt Acquisition, LLC, managedby Patrick J. SheehanBUYER: CR 21 LLC, mgd. by National DevelopmentSELLER: Conopco Inc., successor to GoodHumor Corp.PRICE/ADD: $4,500,000; 490 OldConnecticut Path, FraminghamNOTES: Flex/office property, constructed 1962;building size is 124,650 sf, lot size is 18.3acres; last sold for $2,500,000 in Oct. 1993BUYER: Columbia Property Investors WindhamII LLC, managed by Columbia Property InvestorsSELLER: Central Street Plaza Georgetown LLC,managed by Louis F. KargerPRICE/ADD: $4,400,000; 55-65 Central St.,GeorgetownNOTES: Mixed-use property, const. 1985; officeand retail space; building size is 21,250 sf, lot sizeis 2.6 acres; last sold for $3,320,000 in July 2008MTG: $2,325,000 from MSA MortgageADD: 10-34 Putnam St., WinthropBWR: BCRZ LLC, managed by Robert L. DeebBUYER: MetroWest Regional Transit Authority,managed by Ed CarrSELLER: Southern Middlesex Non-Profit HousingCorp., mgd. by James Cuddy, Executive DirectorPRICE/ADD: $2,300,000; 15 Blandin Ave.,FraminghamNOTES: Industrial property, constructed 1950;building size is 19,175 sf, lot size is 4.6 acres;last sold for $2,230,000 in Aug. 2005MTG: $2,100,000 from Rockland Trust Co.ADD: 110-118 Pleasant St., MalboroughBWR: 110 Pleasant Street LLC, managed byStanislav Burdan and Alex YarovMTG: $1,380,000 from Avidia BankADD: 380 Commercial St., U-1C, Boston; and77-79 Ferry St., EverettBWR: Forzi Azzurri LLC, mgd. by Kenneth SarniDigital Federal Credit Union has provided more than $11 million in financing to the owner of Marlboroughindustrial properties at 19 and 41-53 Brigham St. Managed by Foothills Corp., an entity led by President JonMark Delli Priscoli, 19 Brigham St. is a single-story, 67,000-sf building that dates to 1984 and has beenowned by Foothills since paying $1,260,000 in June 1995. That occurred one year after Priscoli’sMountaintop Corp. bought the 42,750-sf property at 41-53 Brigham St. for $1,012,000.<strong>The</strong> latter asset thatwas constructed in 1990 on a 9.9-acre parcel a short distance from Exit 23C of Interstate 495 received a$4,875,000 loan from DCU, whereas notes of $2,895,000 and $3,420,000 are backed by 19 Brigham St.BUYER: Mane Properties, mgd. by Scott SchneiderSELLER: John E. FallonPRICE/ADD: $1,300,000; 101 Richdale Ave.and 60-62 Walden St., CambridgeMTG: $1,040,000 from Walpole Co-operativeBankNOTES: Mixed-use property, const. 1910; multifamilyand retail; building size is 5,425 sf, lot sizeis 4,450 sf; seller inherited property in Oct. 1976MTG: $1,200,000 from Bank of Cape CodADD: 540 Main St., Units 7, 10, 11, 12, 16and 18, BarnstableBWR: 540 Main LLC, mgd. by Charles Doe Jr.JUNE 20THBUYER: UMNV 8 Newbury LLC, managed byNovaya Ventures and UrbanMeritageSELLER: Linda S. Dalby Kennedy and MarthaW. de Bourgknecht, personal representatives ofthe Estate of Pierre L. de BourgknechtPRICE/ADD: $15,150,000; 8 Newbury St., BostonNOTES: Mixed-use property, const. 1899; officeand retail space; building size is 19,000 sf, lot sizeis 3,125 sf; last sold for $250,000 in Jan. 1977BUYER: 111 MPA LLC, mgd. by Marcus PartnersSELLER: RREEF America REIT III-Z1 LLC, mgd. byDeutsche Asset and Wealth ManagementPRICE/ADD: $14,500,000; 111 Speen St.,FraminghamMTG: $10,400,000 from CambridgeSavings BankNOTES: Office property; building size is110,000 sf, lot size is 12.6 acres; last sold for$23.5 million in Nov. 2005BUYER: 360 Cedar Hill Holdings-3 LLC, managedby Colony <strong>Real</strong>ty PartnersSELLER: Ipers Cedar Hill Inc., managed byDeutsche Asset and Wealth ManagementPRICE/ADD: $9,750,000; 360 Cedar Hill St.,MarlboroughNOTES: Industrial property, constructed 1999;building size is 119,820 sf, lot size is 10 acres;last sold for $7.1 million in July 2000MTG: $4,875,000 from Digital Federal CUADD: 41-53 Brigham St., MarlboroughBWR: Mountaintop Corp., managed by JonMark Delli Priscoli, President and TreasurerNOTES: Industrial property, const.1990; buildingsize is 42,750 sf, lot size is 9.9 acres; borroweracquired property for $1,012,000 in Feb. 1994MTG: $2,735,152 from Center City HousingInc. and $4,250,000 from Life InsuranceCommunity Investment Initiative LLCADD: 71 Adams St., 112 and 116 HancockSt., 91-93 Pine St., 130 Tyler St. and 22-24Winthrop St., SpringfieldBWR: Cross Town Corners LLC, managed byThomas P. KegelmanMTG: $2,925,000 and $3,420,000 fromDigital Federal Credit Unioncontinued on page 10


10 THE REAL REPORTER June 28, 2013Commercial <strong>Deals</strong>MILLION DOLLAR MORTGAGES/SALES JUNE 17 - JUNE 21, 2013continued from page 9ADD: 19 Brigham St., MarlboroughBWR: Foothills Corp., managed by Jon MarkDelli Priscoli, President and TreasurerBUYER: New Meadows Development LLC,managed by Jeffrey Garber and Thomas SchankSELLER: Montana Development LLC, managedby Frank IovanellaPRICE/ADD: $2,150,000; 16 Wildes Road, TopsfieldMTG: $3,150,000 from North Shore BankNOTES: Land parcel; lot size is 10.1 acres; portionof property acquired by seller in Oct. 2005MTG: $1,739,464 from Eastern BankADD: 119-127 North Washington St., BostonBWR: Jake <strong>Real</strong>ty LLC, mgd. by Harold KalickMTG: $1,150,000 from Eastern BankADD: 46-50 Prospect St. WalthamBWR: First Eastern <strong>Real</strong>ty Partners LLC, managedby Oscar B. JohnsonBUYER: Pathways for Children Inc., managedby Susan Todd, president and CEOSELLER: Northeast Behavioral Health Corp.,managed by Kevin P. Norton, CEOPRICE/ADD: $1,417,623; 292 Cabot St., BeverlyMTG: $1,230,000 from TD BankNOTES: Office property, constructed 1950;building size is 8,200 sf, lot size is 20,025 sf;last sold for $850,000 in April 2008MTG: $1,225,000 from Winter Hill BankADD: 70-72 Union Street and Swan Street, MedfordBWR: Carli Brothers LLC, managed by Ralph V.Carli Jr. and Thomas J. CarliMTG: $1,099,500 from Weymouth BankADD: 2-6 West St., Units 1, A, B and J, WeymouthBWR: U. Prakash Rau, trustee of Unit 1Stetson <strong>Real</strong>ty TRNOTES: Units in the Stetson West OfficeCondominiumBUYER: Highland Associates of NewburyportLLC, managed by Robert Dow and Shane FoleySELLER: Daniel Leary Jr., Paul Mendelson andJoseph Tuthill, trustees of Highland AssociatesTRPRICE/ADD: $1,034,335; 18 Highland Ave.,NewburyportMTG: $700,000 from the Institution ForSavings in Newburyport and its VicinityNOTES: Office property, constructed 1925;building size is 4,825 sf, lot size is 1.9 acres;sellers’ ownership in property dates to July1979A two-story Georgetown shopping plaza counting CVS Pharmacy among its tenants has changed hands for$4,400,000, with Columbia Property Investors acquiring 65 Central St. from Central Street Plaza GeorgetownLLC. <strong>The</strong> seller’s manager is Louis F. Karger. Columbia is a New York-based group that is taking on a 25-yearoldretail property featuring 11 units in its 21,000-sf constitution, four on the ground level and the remainingon the second. <strong>The</strong> 1.8-acre site is touted in marketing materials as being on Route 97 in a well-locatedsection of the community across from the local post office and larger Crosby Plaza strip center.JUNE 19THMTG: $6,500,000 from Cambridge SBADD: 60 Congress St., a/k/a 12 Post Office Sq.and 55 Kilby St., BostonBWR: Drake G. Behrakis and Donald P. Quinn,trustees of Bosquare TR and MAR BosquareLLC, managed by Marwick AssociatesMTG: $3,000,000 from Metro Credit UnionADD: 50 Broadway, BeverlyBWR: RPI Shrewsbury Main <strong>Real</strong>ty LLC, managedby Riverside PropertiesBUYER: SG Tall Pine LLC, mgd. by Daniel GreenSELLER: Codjer Pines LLC, managed byClayton Jones, Donald W. Jones and Donald W.Jones Jr.PRICE/ADD: $1,630,000; 40 Tall Pine Dr., SudburyMTG: $2,660,000 from Cape Cod FiveCents Savings BankNOTES: Office/flex property, constructed 1970;building size is 25,300 sf, lot size is 10.8 acres;last sold for $1,300,000 in March 1995MTG: $1,800,000 from Digital FederalCredit UnionADD: 32 Oxford St., and 14 Ping On Alley, BostonBWR: Centerra <strong>Real</strong>ty LLC, mgd. by Henry ChenBUYER: Eames Capital Partners, managed byJohn Groman and Madeline GromanSELLER: Lewis BranzburgPRICE/ADD: $1,024,000; 20, 23 and 35Kathryn Ln., HollistonMTG: $819,200* from Walpole Co-Operative BankNOTES: Three residential properties; 20 KathrynLn. constructed 1966; house size is 1,450 sf, lotsize is 26,125 sf; four bedrooms and two baths;last sold for $300,000 in Oct. 2000; 23 KathrynLn. constructed 1966; house size is 1,450 sf, lotsize is 22,650 sf; four bedrooms and two baths;last sold for $300,000 in Oct. 2000; 35 KathrynRd. constructed 1976; house size is 1,450 sf, lotsize is 35,275 sf; four bedrooms and two baths;last sold for $300,000 in Oct. 2000; *commercialmortgage for residential propertiesJUNE 18THBUYER: Georgetowne Homes One LLC, managedby Howard Earl Cohen, CEOSELLER: New Georgetowne LLC, managed byHoward Earl Cohen, CEOPRICE/ADD: $120,578,810; 400AGeorgetown Dr., f/k/a 10 and 650 GeorgetownDr., Bostoncontinued on page 11FEEDBACK TO: EDITOR@THEREALREPORTER.COM


June 28, 2013 THE REAL REPORTER 11continued from page 10MTG: $7,458,118 from New GeorgetowneLLC and $32,392,000 and $72,474,000 fromMassachusetts Housing Finance AgencyNOTES: Multifamily propertyBUYER: Sun Life Assurance Co. of CanadaSELLER: Sun Life Assurance Co. of CanadaPRICE/ADD: $88,040,000; 1 Sun Life Park,Route 9 and Route 128, Sun Life Executive Park,Wellesley Hills, and St. Mary Street, NeedhamNOTES: Office parkCommercial <strong>Deals</strong>MILLION DOLLAR MORTGAGES/SALES JUNE 17 - JUNE 21, 2013BUYER: Georgetowne Homes Two LLC, managedby Beacon CommunitiesSELLER: New Georgetowne LLC, managed byBeacon CommunitiesPRICE/ADD: $73,430,703.75; 400A GeorgetownDr., f/k/a 543 Georgetown Drive., BostonNOTES: Multifamily propertyMTG: $28,860,000 from Sovereign BankADD: 150 and 200 Presidential Way, WoburnBWR: 150 Presidential Way LLC and 300Metronorth Corporate Center LLC, managed byNational DevelopmentMTG: $24,295,500 from Red Mortgage CapitalADD: 19.-27 Jackson St., and 25 MiddlesexSt., Loft 27 Condominium, LowellBWR: 27 Jackson LP, managed by the Winn Cos.MTG: $15,000,000 from TD BankADD: 1063-1077 Massachusetts Ave., CambridgeBWR: Sundance at Harvard Square HoldingsLLC, managed by Raj K. DhandaBUYER: Ballardvale Street LP, managed byCarlisle Capital Corp.SELLER: 234 Ballardvale Street LLC, managedby the RAM Cos.PRICE/ADD: $10,530,000; 234 BallardvaleSt., WilmingtonMTG: $15,600,000 from Salem Five Cents SBNOTES: Industrial property, constructed 1980;building size is 100,225 sf, lot size is 14.2acres; last sold for $8,500,000 in Oct. 2009MTG: $8,496,600 from Walker & DunlopADD: 100 Tower St., HudsonBWR: Littlebrook LP, managed by BeaconCommunities LLCBUYER: Charm Sciences Inc., mgd. by StanleyCharm, President, and Shirley Charm, TreasurerSELLER: RREEF America REIT III Z1 LLC, mgd.by Deutsche Asset and Wealth ManagementPRICE/ADD: $3,500,000; 1 Riverside Dr., AndoverNOTES: Office property, constructed 1981;building size is 60,650 sf, lot size is 11 acres;last sold for $5,012,942.74 in Nov. 2005MTG: $8,311,167 from USA Housing UrbanDevelopmentADD: 100 Tower St., HudsonBWR: Littlebrook LP, managed by BeaconCommunities LLCMTG: $8,010,000 from Arbor CommercialFundingADD: 104B and 1100 Concord Tpk., ConcordBWR: Taymil Concord LLC, mgd. by Taymil PartnersBUYER: City Point Capital III LP, managed byRyan P. SillerySELLER: Thomas Papathanasiou, trustee of 18Robert Street <strong>Real</strong>ty TRPRICE/ADD: $750,000; 14-18 Robert St., RoslindaleMTG: $3,492,000 from Dedham Institutionfor SavingsNOTES: Retail property, constructed 1920,renovated 1992; building. size is 1,325 sf, lotsize is 10,550 sf; seller’s family acquired propertyfor $125,000 in March 1985BUYER: One Framingham Centre LLC, managedby Jonathan MarcusSELLER: GO Development LLC, managed byAnthony P. GargiuloPRICE/ADD: $3,400,000; 1, 5 and 17 EdgellRd., FraminghamMTG: $2,560,000 from Eastern BankNOTES: Retail property, constructed 1971;building size is 33,900 sf, lot size is 2.2 acres;last sold for $5,500,000 in Dec. 2003BUYER: 49 L Street LLC, managed by JosephFrancis Casserly and Enda MadiganSELLER: Kerri Nee and Kevin Nee, trustees 49L Street <strong>Real</strong>ty TRPRICE/ADD: $1,475,000; 49 L Street, BostonMTG: $3,512,000 from Needham BankNOTES: Fitness facility, constructed 1910; buildingsize is 5,675 sf, lot size is 3,900 sf; sellersacquired property for $1,100,000 in June 1996MTG: $2,092,979 from California B&T Co.ADD: 10 Cushing Dr., WrenthamBWR: Capstan Holdings I LLC and WrenthamHoldings LLC, managed by Christopher G.Doughty and Mark C. PaulinJUNE 17THMTG: $2,200,000 from Northern Bank &Trust Co.ADD: 282-286 Marginal St., BostonBWR: Tay’s <strong>Real</strong>ty LLC, managed by Frank J.Catalano and Michele CatalanoMTG: $1,520,000 from Brookline BankADD: 163 Beacon St., Units 1 and 9R; 2Hawthorne Pl., Units 9K and 16;, 20 RowesWharf, U-304; and 151 Tremont St., U-9R, BostonBWR: Steamboat <strong>Real</strong>ty LLC, managed byJames L. RudolphBUYER: South Main Corner LLC, managed byConstantine G. ScrivanosSELLER: Joseph B. Bardetti, trustee of the J.D.and J. <strong>Real</strong>ty TRPRICE/ADD: $1,200,000; 915 South Main St.,HaverhillNOTES: Auto dealership, constructed 1970;building size is 14,450 sf, lot size is 5.1 acresMTG: $1,057,000 from Everett Co-Operative BankADD: 749-751 Broadway St. and 3 GladstoneTer., EverettBWR: Wilmaued <strong>Real</strong>ty LLC, managed byWilton RangelPhoto: Derek Szabo


12 THE REAL REPORTER June 28, 2013<strong>Residential</strong> <strong>Deals</strong>MILLION DOLLAR MORTGAGES/SALES JUNE 17 - JUNE 21, 2013JUNE 21STMTG: $10,350,000 from Bank of AmericaADD: Joy Street and 8 Mt. Vernon St., BostonBWR: Kathleen J. Wu, trustee of StraitManagement TRBUYER: Brent Stone and Caroline StoneSELLER: Kristine A. GanongPRICE/ADD: $4,700,000; 45 Ravine Rd, WellesleyMTG: $3,525,000 from First Republic BankNOTES: Single-family Colonial, constructed 2006;house size is 8,375 sf, lot size is 1.3 acres; six bedrooms,seven baths and two half-baths; last sold for$4,980,000 in May 2007; Declaration of HomesteadBUYER: Joanna Haas, trustee of the 9001-9003 <strong>Real</strong>ty TRSELLER: John B. Wing, trustee of the John B.Wing Revocable TRPRICE/ADD: 220 Boylston St., Units 9001 and9003, BostonMTG: $3,975,000 from First Republic BankNOTES: Units in high-rise Four Seasons Placecondominium; Unit 9001 size is 1,550 sf; twobedrooms and two baths; Unit 9001 last soldfor $1,600,000 in July 2011; Unit 9003 size is1,375 sf; one bedroom and two baths; Unit9003 last sold for $1,600,000 in Nov. 2011MTG: $475,000 and $3,325,000 from FirstRepublic BankADD: 30 Greylock Rd., WellesleyBWR: Gregory A. Ciongoli and Tara CiongoliBUYER: Maja Currier, Paul Currier & Wesla HansonSELLER: James A. Green and David A. TaylorPRICE/ADD: $2,740,000; 172 West NewtonSt., BostonMTG: $650,000 and $850,000 from FirstRepublic BankNOTES: Single-family brick Rowhouse, constructed1860; house size is 4,200 sf, lot size is 2,075 sf; fivebedrooms and four baths; Declaration of HomesteadBUYER: Lupi Robinson and John RobinsonSELLER: Geoffrey Banfield and Patricia BanfieldPRICE/ADD: $2,695,000; 147 Lagoon Ave., TisburyMTG: $1,617,000 from JPMorgan Chase BankNOTES: Single-family, constructed 1850, renovated2000; house size is 1,925 sf, lot size is23,525 sf; five bedrooms and three baths; lastsold for $485,000 in May 1993BUYER: Timothy W.A. HoranSELLER: Northeastern University, managed byThomas NedellPRICE/ADD: $2,000,000; 453 Wings NeckRd., BourneMTG: $1,600,000 from Cape Cod FiveCents Savings BankAn imposing Walpole single-family has traded for $1,380,000 to Murray Kohl by Priore <strong>Real</strong>ty LLC, anentity managed by Ronald J. Priore Jr. Twelve Crosswoods Path sits on 1.8 acres, where the 6,150-sf, sixbedroomresidence was constructed in 2001. A $1,040,000 mortgage from Wells Fargo Bank financedKohl’s purchase of a property that last sold for $925,000 in March 2012.NOTES: Single-family, const. 1885; house size is5,400 sf, lot size is six acres; six bedrooms and4.5 baths; property donated to seller in Dec. 1986MTG: $1,999,500 from Sovereign BankADD: 157 Warren Ave., BostonBWR: John L. Furse and Suzanne A. FurseBUYER: Jocelyn VigreuxSELLER: Anne Simpson and Robin D. SimpsonPRICE/ADD: $1,960,000; 156 Grant St., LexingtonMTG: $1,000,000 from Goldman SachsBank USANOTES: Single-family Mansion, const.2006; housesize is 5,600 sf, lot size is 28,000 sf; five bdrms.,four baths and two half-baths; last sold for$2,075,000 in May 2008; Declaration of HomesteadMTG: $1,850,000 from TD BankADD: 78 Montgomery St., BostonBWR: William H. KeravuoriBUYER: Todd Krueger and Alison M. YaegerSELLER: Kerie Musumeci and Ross MusumeciPRICE/ADD: $1,800,000; 9 Lincoln St., WestonMTG: $1,250,000 from DB Private WealthMortgage LTDNOTES: Single-family Colonial, const. 1982; housesize is 5,275 sf, lot size is 2.4 acres; four bdrms.and 4.5 baths; last sold for $875,000 in July 1999MTG: $1,573,000 from Bank of AmericaADD: 7 Clay Pit Ln., AquinnahBWR: Robert M. RosenbergBUYER: Michael W. DelduchettoSELLER: Rip L. Reeves and Suzanne S. ReevesPRICE/ADD: $1,493,000; 70 Conant Rd., WestonMTG: $900,000 from BNY Mortgage Co.NOTES: Single-family, const. 1952; house size is3,700 sf, lot size is 5.3 acres; five bedrooms and4.5 baths; last sold for $650,000 in June 1997BUYER: USA Blue Dragon LLC, managed byLisa Wallace, Rye NYSELLER: Melissa S. McBridePRICE/ADD: $1,450,000; 253 Sudbury Rd., ConcordNOTES: Single-family Colonial, constructed2013; house size is 3,975 sf, lot size is 24,400 sf;four bedrooms, three baths and two half-baths;property last sold for $357,500 in July 2012BUYER: Barbara Ann JonesSELLER: Mark A. JonesPRICE/ADD: $1,400,000; 220-222-224Marlborough St., U-1-224, BostonMTG: $1,120,000 from CitibankNOTES: Unit in mid-rise condo; unit size is 1,700sf; three bdrms. and two baths; unit last sold for$425,000 in Jan. 1993; Declaration of HomesteadMTG: $1,400,000 from First Republic BankADD: 220 Boylston St., U-1008, BostonBWR: Anna H. Kolchinsky and Peter KolchinskyMTG: $1,400,000 from Wells Fargo BankADD: 133 Claybrook Rd., DoverBWR: Cherylanne Murray and Lawrence Murraycontinued on page 13


June 28, 2013 THE REAL REPORTER 13<strong>Residential</strong> <strong>Deals</strong>MILLION DOLLAR MORTGAGES/SALES JUNE 17 - JUNE 21, 2013continued from page 12BUYER: Murray KohlSELLER: Priore <strong>Real</strong>ty LLC, managed byRonald J. Priore Jr.PRICE/ADD: $1,380,000 12 CrosswoodsPath, WalpoleMTG: $1,040,000 from Wells Fargo BankNOTES: Single-family, constructed 2001; housesize is 6,150 sf, lot size is 1.8 acres; six bedroomsand 4.5 baths; last sold for $925,000 inMarch 2012; Declaration of HomesteadBUYER: Ruihua Cheng and Zhiyuan ChengSELLER: Rockland Trust Co.PRICE/ADD: $1,375,000; 285 IndependenceRd., ConcordMTG: $893,750 from Rockland Trust Co.NOTES: Single-family Federalist Colonial, constructed1901; house size is 5,500 sf, lot size is1.4 acres; five bedrooms and four baths; selleracquired property via deed in lieu of foreclosurein Nov. 2012; prior sale of $2,300,000 inJuly 2000; Declaration of HomesteadBUYER: Dennis Kramer and Elizabeth KramerSELLER: Kerry Benson and Robert Benson Jr.PRICE/ADD: $1,365,000; 52 Walnut St., NeedhamMTG: $692,000 from First Niagara BankNOTES: Single-family Colonial, constructed 2005;house size is 3,950 sf, lot size is 22,225 sf; fourbedrooms and 4.5 baths; last sold for $1,250,000in June 2006; Declaration of HomesteadBUYER: Daniel Cohen and Rachel CohenSELLER: Connie Dodes and Lance DodesPRICE/ADD: $1,310,000; 20 Cushing St., NewtonMTG: $1,048,000 from First Republic BankNOTES: Single-family Tudor, const. 1931; housesize is 2,850 sf, lot size is 8,925 sf; three bedroomsand 3.5 baths; last sold for $459,300 inDec. 1993; Declaration of HomesteadBUYER: Kerry Benson and Robert Benson Jr.SELLER: Max Reinhardt and Victoria ReinhardtPRICE/ADD: $1,265,000; 39 Grantland Rd.,WellesleyMTG: $865,000 from Webster BankNOTES: Single-family Colonial, constructed 1842;house size is 3,050 sf, lot size is 13,825 sf; fourbedrooms and 3.5 baths; last sold for $1,119,000in June 2011; Declaration of HomesteadBUYER: Patti Anne Taibl and Steven M. TaiblSELLER: Lewis A. KirshnerPRICE/ADD: $1,225,000; 306 Harvard St.,U-306, CambridgeMTG: $725,000 from Monument Mortgage Co.NOTES: Unit in low-rise condominium; unitsize is 1,875 sf; three bedrooms and threebaths; unit last sold for $374,000 in Aug.1995; Declaration of HomesteadLeader Bank has provided $1,088,000 to Iris E. Bonilla-Yoon and Kenneth Yoon to enable their$1,360,000 purchase of 1 John Benson Rd. in Lexington.<strong>The</strong> mortgage was among an astounding seventransactions using Leader in this week’s million dollar review, with other loans backing buyers fromAndover to Winchester, including the local institution’s hometown of Arlington, where Leader delivered$1,038,000 for the $1,298,000 purchase of 29 Gray St. In Lexington, Deborah E. Weinstock-Savoy andRobert L. Savoy harvested 1 John Benson Rd. nearly six years after paying $799,900 in Oct. 2007. <strong>The</strong>home that was built in 1995 has five bedrooms and 3.5 baths in its 4,625-sf frame.BUYER: Stacey L. MarinoSELLER: Edith Garrison and Mark GarrisonPRICE/ADD: $1,185,000; 6 Peacedale Rd.,NeedhamMTG: $600,000 from Leader BankNOTES: Single-family Colonial, constructed2006; house size is 3,675 sf, lot size is 10,025sf; four bedrooms and 3.5 baths; sellers’ ownershipin property dates to July 1977BUYER: Holly Leeman and Michael LeemanSELLER: C. John McCann and Peggy M. McCannPRICE/ADD: $580,000; 125 Birds Hill Ave.,NeedhamMTG: $1,180,000 from Needham BankNOTES: Single-family Cape, const. 1938; housesize is 1,875 sf, lot size is 10,100 sf; two bdrms.and two baths; last sold for $61,000 in Sept. 1977BUYER: Emily Lowney and Timothy LowneySELLER: John Devereux and Robin DevereuxPRICE/ADD: $1,155,000; 194 Pine St. MedfieldMTG: $924,000 from CitibankNOTES: Single-family Colonial, const. 1994; housesize is 4,175 sf, lot size is one acre; five bdrms. and4.5 baths; last sold for $690,000 in June 1998MTG: $1,155,000 from Cape CodCooperative BankADD: 26 Willard St., NantucketBWR: Anne T. Ehart and D. Jeffrey EhartBUYER: Molly M. Miller and John M. PinoSELLER: James D. Ory and Rachel A. OryPRICE/ADD: $1,150,000; 4 Steeple Ct., AndoverMTG: $465,750 from Drew Mortgage AssociatesNOTES: Single-family Colonial, constructed 1999;house size is 4,975 sf, lot size is 1.2 acres; fivebedrooms and 3.5 baths; last sold for $899,000in Oct. 1999; Declaration of HomesteadMTG: $1,116,000 from Boston PrivateBank and Trust Co.ADD: 21 Sequatton Ln., HarwichBWR: Jeffrey M. Hurst and Roxanna H. HurstBUYER: Anne O’Donnell and David O’DonnellSELLER: James T. HintlianPRICE/ADD: $1,100,000; 10 WinchesterPlace, U-303, WinchesterNOTES: Unit in low-rise condominium; unitsize is 3,150 sf; three bedrooms and 2.5 baths;unit last sold for $1,050,000 in Sept. 2004BUYER: Karen WalshSELLER: Gail Scott deSilvaPRICE/ADD: $1,060,000; 17 Point AllertonAve., HullMTG: $560,000 from Wells Fargo BankNOTES: Single-fam., const. 2004; house size is3,650 sf, lot size is 6,050 sf; three bdrms. and4.5 baths; last sold for $1,225,000 in Oct. 2011continued on page 14


14 THE REAL REPORTER June 28, 2013<strong>Residential</strong> <strong>Deals</strong>MILLION DOLLAR MORTGAGES/SALES JUNE 17 - JUNE 21, 2013continued from page 13BUYER: Eric Hewitt and Robin HewittSELLER: Patricia J. DonovanPRICE/ADD: $1,050,000; 61 Deep Run Rd. CohassetMTG: $700,000 from Wells Fargo BankNOTES: Single-fam. Cape, const. 1961; house sizeis 3,275 sf, lot size is 1.1 acres; three bedroomsand 2.5 baths; seller’s ownership in property datesto Jan. 1962; Declaration of HomesteadBUYER: Kelly M. Quigley and Peter F. QuinlanSELLER: Lisa Drivas and John DrivasPRICE/ADD: $1,025,000; 8 Durham Dr., AndoverMTG: $717,500 from Leader BankNOTES: Single-family, const. 1993; house sizeis 3,925 sf, lot size is one acre; four bedroomsand 3.5 baths; property last sold for $150,000in May 1993; Declaration of HomesteadBUYER: Douglas Kisielius and Lindsey KisieliusSELLER: James F. SpencerPRICE/ADD: $1,009,000; 19 Woodbridge Rd.,WellesleyMTG: $807,200 from Middlesex Savings BankNOTES: Single-family Cape, constructed 1940;house size is 2,575 sf, lot size is 12,500 sf; threebedrooms and 2.5 baths; last sold for $359,500in July 1986; Declaration of HomesteadBUYER: Joshua Wiesman and Kristina WiesmanSELLER: Roberta F. LambPRICE/ADD: $1,005,000; 227 Merriam St., WestonMTG: $800,000 from RBS CitizensNOTES: Single-family, constructed 1892; housesize is 3,000 sf, lot size is 31,800 sf; five bedroomsand 3.5 baths; last sold for $630,000 inJune 1995; Declaration of HomesteadJUNE 20THBUYER: Sarah F. Alger, trustee of 7/11 Nominee TRSELLER: James W. O’Connor, trustee of BreezyLife TRPRICE/ADD: $12,329,000; 7 and 11 SquamRd., NantucketNOTES: Five properties; first building a GuestQuarters, const. 1950; house size is 1,475 sf; threebedrooms and three baths; second building aRanch, const. 1950; house size is 1,075 sf; twobedrooms and 1.5 baths; third building a Cottage,const. 1979; house size is 1,050 sf; one bedroomand one bath; fourth building custom-designed,const. 1999; house size is 3,800 sf; three bedroomsand 3.5 baths; fifth building a garage/office,zoned residential, const. 1999; house size is 500 sf;one bath; last sold for $10,000,000 in Sept. 2004BUYER: Eileen O’Holleran and James O’HolleranSELLER: Barbara J. Vanderwilden and John W.VanderwildenWashington Trust Mortgage Co. has loaned $806,250 to Amy Macchietto, funds used to buy 14 HarvestMoon Dr. in Natick for $1,075,000 from Richard L. Huntt Jr. and Lisa A. LaFrance. <strong>The</strong> 11-year-oldColonial is a 3,625-sf, four-bedroom structure that last sold for $948,400 in May 2005.PRICE/ADD: $1,750,000; 12 Autumn Ln.,HamiltonMTG: $174,000 and $1,400,000 from TD BankNOTES: Single-family Colonial, constructed 1993;house size is 5,300 sf, lot size is 1.9 acres; fivebedrooms and 3.5 baths; last sold for $885,000in March 2001; Declaration of HomesteadMTG: $1,650,500 from TD BankADD: 15 Skyline Dr., NantucketBWR: Nicole Campbell and Rupert CampbellBUYER: Maria P. TedescoSELLER: Lewis S. CohenPRICE/ADD: $1,640,000; 20 Burr Dr., NeedhamMTG: $400,000 from First Republic BankNOTES: Single-family, constructed 1994; housesize is 5,275 sf, lot size is one acre; four bedroomsand 3.5 baths; last sold for $777,500 inJuly 1995; Declaration of HomesteadBUYER: Gerri L. GoodmanSELLER: Jean LeePRICE/ADD: $1,620,000; 249 Beacon St.,U-1, BostonMTG: $1,296,000 from First Republic BankNOTES: Unit in low-rise condominium; unitsize is 1,975 sf; two bedrooms and 2.5 baths;unit last sold for $850,000 in March 2009BUYER: Pearl S. Riney and Ryan S. RineySELLER: Michael Robert Farese & Susan Joy FaresePRICE/ADD: $1,600,000; 9 Barrymeade Dr.,LexingtonMTG: $158,400 and $1,280,000 from TD BankNOTES: Single-family Mansion, constructed2007; house size is 4,750 sf, lot size is 29,625sf; five bedrooms and 4.5 baths; last sold for$1,545,000 in Jan. 2008BUYER: Elite Home Builders LLC, managed bySteven F. VenincasaSELLER: Donald R. O’Clair, PersonalRepresentative U/W/O Jerome Mark GoldsteinPRICE/ADD: $860,000; 156 Country ClubRd., NewtonMTG: $1,542,000 from Middlesex SavingsBankNOTES: Single-family, constructed 1949;house size is 1,625 sf, lot size is 14,050 sf;three bedrooms and 2.5 baths; family ownershipin property dates to Sept. 1949BUYER: Melissa Nott Davis & Nathanael DavisSELLER: Belmont Street Development LLC,managed by Nelson P. OliveiraPRICE/ADD: $1,350,000; 20 Cushing Ave.,BelmontMTG: $67,500 and $1,080,000 from CitibankNOTES: Single-family Georgian Colonial, const.1920, renovated 2013; house size is 3,900 sf,lot size is 12,475 sf; four bedrooms and 5.5baths; last sold for $650,000 in Sept. 2012BUYER: Catherine Kessler & Nathanael KesslerSELLER: Betsy L. Yamron and Daniel YamronPRICE/ADD: $1,307,500; 16 Captain MilesLn. ConcordMTG: $950,000 from Mortgage Networkcontinued on page 15


June 28, 2013 THE REAL REPORTER 15<strong>Residential</strong> <strong>Deals</strong>MILLION DOLLAR MORTGAGES/SALES JUNE 17 - JUNE 21, 2013continued from page 14NOTES: Single-fam. Colonial, const. 1998; housesize is 4,250 sf, lot size is one acre; three bdrms.,two baths and two half baths; last sold for$1,251,000 in Aug. 2007; Declaration of HomesteadBUYER: 8 Colbourne LLC, mgd. by Earl Henry IIISELLER: Edward T. Day and Marion RobinsonPRICE/ADD: $1,300,000; 21 Lawton St., BrooklineMTG: $1,690,000 from Abington BankNOTES: Two-fam., const. 1940; bldg. size is 3,250 sf,lot size is 9,525 sf; last sold for $69,300 in Nov. 1975BUYER: Jason Chou and Lani L. ChouSELLER: Mayss Achi and Farah Dawood-FarahPRICE/ADD: $1,270,000; 80 Colts Crossing, CantonMTG: $991,000 from Radius Financial GroupNOTES: Single-family Colonial, const. 2008;house size is 5,325 sf, lot size is one acre; fourbedrooms and 4.5 baths; last sold for $1,140,200in Oct. 2010; Declaration of HomesteadBUYER: Angela Vanderslice and Douglas VandersliceSELLER: Maria TedescoPRICE/ADD: $1,225,000; 76 Hollis St., SherbornMTG: $500,000 from Children’s Medical CenterCorp. and $663,750 from Mortgage NetworkNOTES: Single-family Colonial, const. 1998; housesize is 6,025 sf, lot size is three acres; five bedroomsand four baths; last sold for $1,585,000 inJune 2008; Declaration of HomesteadBUYER: Nicole Mastan and Patrick MastanSELLER: Heather Comerford and Michael ComerfordPRICE/ADD: $1,205,000; 703 Jerusalem Rd.,CohassetMTG: $964,000 from Washington TrustMortgage Co.NOTES: Single-family Victorian, constructed 1883;house size is 3,825 sf, lot size is 1.1 acres; fivebedrooms and 2.5 baths; last sold for $990,500in Dec. 2007; Declaration of HomesteadBUYER: Gask Investment LLC, managed byAllison AvramovichSELLER: Stella W. Pang and Peter A. PiccirilloPRICE/ADD: $1,150,000; 237 Park St. NewtonMTG: $2,162,500 from <strong>The</strong> Village BankNOTES: Single-family Colonial, const. 1860; housesize is 2,900 sf, lot size is 37,600 sf; three bdrms.and 3.5 baths; last sold for $1,145,000 in Feb. 2005BUYER: Jon P. Lacks and Lori D. LacksSELLER: Bernadette Faulkner & Philip Faulkner IIIPRICE/ADD: $1,050,000; 19 Heather Dr.,CohassetMTG: $650,000 from Hudson City Savings BankNOTES: Single-fam., const. 1992; house size is4,300 sf, lot size is 41,825 sf; four bdrms. and threebaths; property last sold for $315,000 in Jan. 1992More than a quarter-century after buying 19 Woodbridge Rd. in Wellesley, James F. Spencer has divestedthe single-family Cape that dates to 1940 for $1,009,000. New owners Douglas J. Kisielius andLindsey P. Kisielius were backed by $807,200 from Middlesex Savings Bank to financing their purchaseof the 2,575-sf, three-bedroom home whose prior sale was for $359,500 in July 1986.BUYER: Ernest Tavilla Jr. and Sharon TavillaSELLER: Jill K. Finnerty and John P. FinnertyPRICE/ADD: $1,050,000; 15 Trinity Rd., WinchesterMTG: $532,915 from Leader BankNOTES: Single-family, const. 1963; house sizeis 2,275 sf, lot size is 15,200 sf; three bedroomsand three baths; last sold for $950,000in Oct. 2005; Declaration of HomesteadBUYER: Khalid Almeshari and Hozami HelwaniSELLER: Herman Chernoff and Judith ChernoffPRICE/ADD: $1,020,000; 75 CrowninshieldRd., BrooklineNOTES: Single-fam. Colonial, const. 1967; housesize is 1,875 sf, lot size is 5,925 sf; four bedroomsand 2.5 baths; last sold for $64,000 in Sept. 1974BUYER: Kristin B. Galop and Peter A. GalopSELLER: Laurie A. Galop and Paul A. GalopPRICE/ADD: $1,000,000; 15 Diane Dr. ChathamMTG: $750,000 from South Shore BankNOTES: Single-fam. Cape, const. 1953; house sizeis 1,650 sf, lot size is 22,175 sf; five bdrms. andthree baths; last sold for $950,000 in April 2004JUNE 19THMTG: $2,265,000 from BNY MellonADD: 145 Lee St. BrooklineBWR: Andrea G. Norkus and Michael NorkusBUYER: Steve Hychong and Nancy LinSELLER: Peter J. EpsteinPRICE/ADD: $1,950,000; 24 Cleveland Rd., BrooklineMTG: $1,560,000 from First Republic BankNOTES: Single-family Tudor, const. 1910; housesize is 3,100 sf, lot size is 11,575 sf; five bedroomsand 3.5 baths; last sold for $705,000 inAug. 1996; Declaration of HomesteadBUYER: Natalie P. Pauli and Samuel A. PauliSELLER: Janet Barillari and Adrianne B. TharpPRICE/ADD: $1,800,000; 134 Brook St., WellesleyMTG: $1,440,000 from First Republic BankNOTES: Single-family Colonial, constructed 2009;house size is 4,800 sf, lot size is 22,000 sf; fivebedrooms and 5.5 baths; last sold for $2,100,000in Nov. 2009; Declaration of HomesteadBUYER: Allen T. Dewing and Pia DewingSELLER: Maureen Waters Mara, trustee ofGlasgow Nominee TRPRICE/ADD: $1,710,000; 314 Thoreau St. ConcordMTG: $1,368,000 from Bank of AmericaNOTES: Single-family, constructed 1871; housesize is 4,275 sf, lot size is 20,000 sf; six bedroomsand 4.5 baths; last sold for $1,850,000in Dec. 2011; Declaration of HomesteadBUYER: David StasiorSELLER: Amy Frankel TenenbaumPRICE/ADD: $1,630,000; 205 Mattison Dr., ConcordMTG: $465,000 from First Republic BankNOTES: Single-familly Colonial, constructed1988; house size is 8,025 sf, lot size is 1.8acres; five bdrms. and 5.5 baths; last sold for$2,500,000 in July 2006continued on page 16


16 THE REAL REPORTER June 28, 2013<strong>Residential</strong> <strong>Deals</strong>MILLION DOLLAR MORTGAGES/SALES JUNE 17 - JUNE 21, 2013continued from page 15BUYER: Adrienne Bajwa and Ednan BajwaSELLER: Daniel Goldhagen and Sarah WilliamsGoldhagenPRICE/ADD: $1,390,500; 40 NewtonvilleAve., NewtonMTG: $920,000 from Mortgage MasterNOTES: Single-family Victorian, constructed 1900;house size is 3,550 sf, lot size is 9,925 sf; fourbedrooms and 3.5 baths; last sold for $599,000in Nov. 1998; Declaration of HomesteadMTG: $1,350,000 from Bank of AmericaADD: 282 Warren St., BrooklineBWR: Kevin M. Hayes, trustee of 282 WarrenStreet Nominee TRMTG: $1,335,000 from BNY MellonADD: 172 Beacon St., BostonBWR: Andrea Norkus and Hans Michael NorkusMTG: $1,300,000 from Mortgage NetworkADD: 5 Way Rd., GloucesterBWR: Marc A. Ginsburg and Christina E. UrsulBUYER: Erin Marie Johnson & John Asher JohnsonSELLER: James BeckPRICE/ADD: $1,280,000; 7 Chalk St., CambridgeBUYER: Peggy S. Tirrell and Stephen C. TirrellSELLER: Calvin Colwell and Scott ColwellPRICE/ADD: $1,245,000; 29 Erik Rd., MedfieldNOTES: Land parcel; lot size is 25,000 sf; portionof property acquired by sellers in Oct. 2008BUYER: John Longden and Linda LongdenSELLER: Allen T. Dewing and Pia N. DewingPRICE/ADD: $1,200,000; 212 Hubbard St., ConcordNOTES: Single-family, const. 1866; house size is2,400 sf, lot size is 5,650 sf; four bedrooms and3.5 baths; last sold for $825,000 in June 2008MTG: $1,120,000 from Peoples BankADD: 78 Salt Marsh Rd., SandwichBWR: Jennifer Stefanik, trustee of Saltmarsh<strong>Real</strong>ty TRBUYER: Ann O. Rourke and David A. RourkeSELLER: Barry M. Cluff and Susan D. CluffPRICE/ADD: $1,115,000; 268 Weston Rd.,WellesleyMTG: $782,000 from EverBankNOTES: Single-family, const. 1881; house sizeis 4,575 sf, lot size is 16,850 sf; four bedroomsand 4.5 baths; last sold for $675,000 in July1999; Declaration of HomesteadMTG: $1,094,000 from FairwayIndependent Mortgage Corp.ADD: 6 E. Concord St., BostonBWR: Alice Markson and Todd MarksonAn enduring single-family home at 314 Thoreau St. in Concord has fetched $1,710,000 in its exchangeto Allen T. Dewing and Pia Dewing, with $1,368,000 from Bank of America financing their acquisition.Maureen Waters Mara is seller of the 4,275-sf, six-bedroom home that was constructed in 1871. Its priorsale was for $1,850,000 in Dec. 2011.MTG: $140,000 and $1,050,000 fromEnterprise Bank & Trust Co.ADD: 11 Neptune Rd., MarbleheadBWR: Dimitrios Kaloutas, a/k/a James KaloutasMTG: $1.049, 983 from JPMorgan Chase BankADD: 20 Teaberry Ln., ChathamBWR: Anthony Bugliari and Catherine BugliariBUYER: Daniel Orr Jr. and Janet OrrSELLER: Elizabeth O. Cleveland and Mark B.ClevelandPRICE/ADD: $1,020,000; 238 WashingtonSt., DuxburyMTG: $714,000 from Morgan StanleyPrivate BankNOTES: Single-family Antique Colonial, constructed1801; house size is 3,525 sf, lot size is22,650 sf; four bedrooms and 2.5 baths; lastsold for $730,000 in March 2000JUNE 18THBUYER: Mara Burnett and Timothy FrechetteSELLER: Brent R. Bechtol and Hailey BechtolPRICE/ADD: $2,350,000; 4 Chadwick Rd., WestonMTG: $1,880,000 from First Republic BankNOTES: Single-family brick Colonial, constructed1970; house size is 5,500 sf, lot size is 1.4acres; six bedrooms and four baths; last soldfor $2,150,000 in Dec. 2012BUYER: Joanne Cantara and Michael CantaraSELLER: Sanjay D. Banker and Sejal H. PatelPRICE/ADD: $2,300,000; 67 Marlborough St.,U-1, BostonMTG: $1,840,000 from First Republic BankNOTES: Unit in low-rise condominium; unitsize is 2,475 sf; three bedrooms and 2.5 baths;last sold for $2,050,000 in Feb. 2010BUYER: 31 Worcester Square LLC, managedby David J. WatsonSELLER: Albert L. Curtis and Maryanne CurtisPRICE/ADD: $2,235,000; 31 Worcester Sq., BostonMTG: $2,950,000* from HinghamInstitution for SavingsNOTES: Single-family brick Rowhouse, constructed1875; house size is 4,600 sf, lot size is2,500 sf; five bedrooms and two baths; sellersacquired property for $41,500 in May 1977;*commercial mortgage for residential propertyMTG: $2,275,000 from First Republic BankADD: 2 Battery Wharf, U-2510, BostonBWR: James K. Hunt and Margaret F. Hunt,a/k/a Margaret Fellner HuntBUYER: Matthew R. SeilerSELLER: Pimsiree Kambhu Cutter Bryant andKristina A. Ryan, trustees of the SasireeKambhu Cutter Qualified Personal Residence TRcontinued on page 17


June 28, 2013 THE REAL REPORTER 17<strong>Residential</strong> <strong>Deals</strong>MILLION DOLLAR MORTGAGES/SALES JUNE 17 - JUNE 21, 2013continued from page 16PRICE/ADD: $2,229,000; 0 and 10Nashawena St., FalmouthMTG: $1,671,750 from UBS BankNOTES: Single-family, constructed 1900;house size is 3,200 sf, lot size is 1.5 acres; fivebedrooms and 3.5 baths; sellers’ family ownershipin property dates to June 1976BUYER: Leena Peck and Sheldon PeckSELLER: Howard Aibel and Catherine S.Farago, Personal Representatives of the Estateof June H. GeneenPRICE/ADD: $1,975,000; 180 Beacon St., U-2G, BostonNOTES: Unit in high-rise condo; unit size is 2,225sf; two bedrooms and 2.5 baths; seller inheritedunit in Oct. 1998; Declaration of HomesteadBUYER: Too Development LLC, mgd. by Diane Dahl,Michael Dahl, Donald Kane & Diane Kane, Chicago ILSELLER: Janice B. GoetcheusPRICE/ADD: $1,565,000; 36 Baxter Rd., NantucketNOTES: Single-family Ranch, constructed1920; house size is 1,425 sf, lot size is 11,250sf; four bedrooms and two baths; selleracquired property for $64,500 in May 1977MTG: $1,480,000 from TD BankADD: 53 Chesterton Rd., WellesleyBWR: Anne E. Nadeau and Stephen R. NadeauBUYER: Elizabeth A. HaynesSELLER: Peter M. KilleleaPRICE/ADD: $1,387,500 191 Claybrook Rd., DoverNOTES: Single-family Colonial, const. 1998;house size is 5,225 sf, lot size is 2.4 acres; fourbedrooms and 4.5 baths; seller inherited propertyin July 1999; Declaration of HomesteadBUYER: Iris E. Bonilla-Yoon and Kenneth YoonSELLER: Deborah E. Weinstock-Savoy andRobert L. SavoyPRICE/ADD: $1,360,000; 1 John Benson Rd.,LexingtonMTG: $1,088,000 from Leader BankNOTES: Single-family, const. 1995; house sizeis 4,625 sf, lot size is 30,500 sf; five bedroomsand 3.5 baths; last sold for $799,900 in Oct.2007; Declaration of HomesteadBUYER: Arounseng Walsh and Kevin M. WalshSELLER: Bradford Stoesser and Zoe StoesserPRICE/ADD: $1,355,000; 375 MarlboroughSt., U-1, BostonMTG: $162,500 and $900,000 from FirstRepublic BankNOTES: Unit in low-rise condo; unit size is 1,550sf; two bdrms. and two baths; unit last sold for$1,275,000 in July 2008; Declaration of HomesteadA timeless Tudor at 24 Cleveland Rd. has changed hands for $1,950,000, nearly three times the $705,000required in August 1996. Seller Peter J. Epstein sold the 3,100-sf, five-bedroom home that dates to 1910to Steve Hychong and Nancy Lin. First Republic Bank loaned the buyers $1,560,000 for the property.MTG: $1,335,000 from First Republic BankADD: 2 Ingalls Grove Dr., DuxburyBWR: Nicole McCrystal and Timothy McCrystalBUYER: Babak BinaSELLER: Phuli Cohan and Robert D. CohanPRICE/ADD: $1,175,000; 40 Shornecliffe Rd.,NewtonMTG: $940,000 from Sage BankNOTES: Single-family Victorian, const. 1897;house size is 3,000 sf, lot size is 10,825 sf; fourbedrooms and 3.5 baths; last sold for $182,000in Oct. 1983; Declaration of HomesteadBUYER: John Buchanan and Kelly BuchananSELLER: Michelle F. JenningsPRICE/ADD: $1,150,000; 25 Oxbow Rd., WellesleyMTG: $57,500 and $920,000 from Leader BankNOTES: Single-family Colonial, const. 1936;house size is 2,100 sf, lot size is 14,525 sf; fourbedrooms and 2.5 baths; last sold for $1,232,500in Aug. 2004; Declaration of HomesteadBUYER: William J. Kasper Jr. and Angela J. KynSELLER: Karsten XanderPRICE/ADD: $1,125,000; 15 Oak St., NewtonMTG: $900,000 from <strong>The</strong> Village BankNOTES: Single-family Victorian, const. 1886;house size is 2,775 sf, lot size is 19,725 sf; fivebedrooms and 2.5 baths; last sold for $1,130,000in Dec. 2009; Declaration of HomesteadBUYER: David D. Cox and Jarasa KanokSELLER: Donna Lazorik and Gail ZachariasPRICE/ADD: $1,100,000; 86 Chandler St.,SomervilleMTG: $700,000 from Leader BankNOTES: Single-family, const, 1870; house sizeis 2,575 sf, lot size is 4,875 sf; four bedroomsand 3.5 baths; last sold for $220,000 in Sept.1990; Declaration of HomesteadBUYER: Lei Xu and Ping WangSELLER: Semaan H. Haidar, trustee of 31 RiceRoad <strong>Real</strong>ty TRPRICE/ADD: $1,085,000; 31 Rice Rd., WaylandMTG: $868,000 from Cartus Home LoansNOTES: Single-family Colonial, const. 2009;house size is 4,500 sf, lot size is 2.5 acres; fivebedrooms and 4.5 baths; property last sold for$335,000 in Oct. 2006; Declaration of HomesteadBUYER: Barkley Development LLC, managedby David SchwartzSELLER: Tim H. DavisPRICE/ADD: $1,075,000; 126 West ConcordSt., U-1, BostonMTG: $300,000 from Donald Sullivan and$1,077,500 from South Shore BankNOTES: Unit in low-rise condominium; unitsize is 1,800 sf; three bedrooms and two baths;unit last sold for $830,000 in March 2007BUYER: Catlin Khurana and Hareesh KhuranaSELLER: Connie-Lin Nold and MichaelNold Jr.PRICE/ADD: $1,055,000; 11 Canterbury Dr., SudburyMTG: $791,250 from TD BankNOTES: Single-family, const. 1968; house sizeis 5,600 sf, lot size is 40,500 sf; five bedroomsand five baths; last sold for $1,100,000 inAug. 2008; Declaration of Homesteadcontinued on page 18


18 THE REAL REPORTER June 28, 2013<strong>Residential</strong> <strong>Deals</strong>MILLION DOLLAR MORTGAGES/SALES JUNE 17 - JUNE 21, 2013continued from page 17MTG: $1,040,000 from Boston PrivateBank & Trust Co.ADD: 36 Cedar Lane Rd., OrleansBWR: Michael A. HassaraMTG: $1,000,000 from Boston PrivateBank & Trust Co.ADD: 116 Larch Rd., WenhamBWR: Amy G. Job and Robert Job IVJUNE 17THBUYER: Alexander Mackey & Alexandra MackeySELLER: Beth Goldstein and Dennis GoldsteinPRICE/ADD: $2,158,000; 47 Pinecroft Rd., WestonMTG: $1,498,000 from Mortgage MasterNOTES: Single-family, const. 2002; house sizeis 5,450 sf, lot size is 1.2 acres; six bedroomsand 4.5 baths; last sold for $1,750,000 inApril 2003; Declaration of HomesteadBUYER: Kevin Nichols and Linda NicholsSELLER: James RobichaudPRICE/ADD: $1,912,500; 244 Lazell St., HinghamNOTES: Single-family Colonial, const. 2007; housesize is 5,200 sf, lot size is 1.4 acres; four bedroomsand 4.5 baths; property last sold for $875,000 inJune 2007; Declaration of HomesteadBUYER: Deborah KriegSELLER: Trowbridge Properties Ltd., managedby Jacqualine Patching, Hamilton, BermudaPRICE/ADD: $1,425,000; 49 Trowbridge St.,U-3, CambridgeNOTES: Unit in low-rise condominium; unitsize is 1,900 sf, three bedrooms and 1.5 baths;unit last sold for $975,000 in April 2002MTG: $1,414,400 from CitibankADD: 180 West Brookline St., BostonBWR: Julie S. Einstein and Jeffrey G. StueckenBUYER: Emilie Beaumont Lopes-Fernandesand Philippe M. Lopes-FernandesSELLER: Justine Bloch and Kenneth KohlbergPRICE/ADD: $1,298,000; 29 Gray St., ArlingtonMTG: $1,038,000 from Leader Mortgage Co.NOTES: Single-family Colonial, const. 1909;house size is 4,175 sf, lot size is 16,850 sf; fivebedrooms and 3.5 baths; last sold for $934,000in Dec. 2003; Declaration of HomesteadBUYER: F. Joseph Simeone, a/k/a Frank J.Simeone, and Harley SimeoneSELLER: Laurel Kaplan and Robert KaplanPRICE/ADD: $1,252,000; 42 Sky View Cir., NewtonMTG: $125,500 and $1,000,000 from TD BankNOTES: Single-family, const. 1955; house sizeis 3,300 sf, lot size is 18,250 sf; five bedroomsand five baths; last sold for $196,500 in Aug.1984; Declaration of HomesteadAngela D. Vanderslice and Douglas M. Vanderslice have bought 76 Hollis St. in Sherborn for $1,225,000from Maria Tedesco. <strong>The</strong> 6,025-sf, five-bedroom home that was built on a three-acre expanse in 2008sold in June of that year for $1,585,000. <strong>The</strong> buyers received loans of $500,000 and $663,750 fromChildren’s Medical Center Corp. and Mortgage Network, respectively.BUYER: Ardeshir Dadgar & Mahasti Naeimi DadgarSELLER: Ananya DasPRICE/ADD: $1,250,000; 24 Holland Rd., BrooklineMTG: $980,000 from Cambridge Trust Co.NOTES: Single-family, const. 1964; house sizeis 1,650 sf, lot size is 19,300 sf; three bedroomsand 2.5 baths; last sold for $989,500 inJune 2002; Declaration of HomesteadBUYER: Julie Berube and Michael Berube Jr.SELLER: Brian Coleman and Heather ColemanPRICE/ADD: $1,250,000; 55 Longwood Ave.,BarnstableMTG: $750,000 from Cape Cod Savings BankNOTES: Single-family, const. 1936; house size is2,075 sf, lot size is 7,400 sf; three bedrooms andthree baths; last sold for $1,115,000 in Aug. 2008BUYER: Steven Chen-Chi Lee & Tseh-Hwan YongSELLER: Paul M. Gaucher and Peter A. NiemitzPRICE/ADD: $1,245,000; 139 Main St. U-M5,CharlestownMTG: $203,000 from Tremont Credit Unionand $417,000 from Guaranteed RateNOTES: Unit in low-rise condominium; unitsize is 2,625 sf; two bedrooms, two baths andtwo half-baths; unit last sold for $1,045,000 inApril 2013; Declaration of HomesteadBUYER: Cynthia L. Cobb and J. Perren CobbSELLER: Lisa Jeanne Federico and Richard D.Federico Jr., Personal Representatives of <strong>The</strong>Estate of Marilyn E. FedericoPRICE/ADD: $1,244,630; 10 Sherburn Cir., WestonMTG: $995,704 from RBS CitizensNOTES: Single-family, const. 1960; house size is5,500 sf, lot size is 40,375 sf; five bedrooms andfour baths; sellers’ family ownership in propertydates to Nov. 1962; Declaration of HomesteadBUYER: Andrew Rippert and Susan RippertSELLER: Bartlett Leber and Andrew RockwellPRICE/ADD: $1,241,500; 51 Monument Ave.,CharlestownMTG: $500,000 from First Republic BankNOTES: Single-family brick Rowhouse, constructed1860; house size is 3,075 sf, lot size is 1,075 sf;three bedrooms and 2.5 baths; last sold for$808,750 in June 1999; Declaration of HomesteadBUYER: Elissa B. Koff and Raymond S. KoffSELLER: Susan M. MoranPRICE/ADD: $1,235,000; 2420 Beacon St., U-402, BostonNOTES: Unit in low-rise condominium; unitsize is 1,900 sf; three bedrooms and 2.5 baths;unit last sold for $1,374,500 in Jan. 2007BUYER: Lee W. Sterne and Jennifer C. SterneSELLER: Kevin J. McLaughlin and Maria LynnMcLaughlinPRICE/ADD: $1,950,000; 19 Oakland St.,LexingtonMTG: $1,500,000 from CitibankNOTES: Single-family Mansion, constructed1890; house size is 5,600 sf, lot size is oneacre; five bedrooms and three baths; last soldfor $1,795,000 in Aug. 2007; Declaration ofHomesteadcontinued on page 19


June 28, 2013 THE REAL REPORTER 19<strong>Residential</strong> <strong>Deals</strong>MILLION DOLLAR MORTGAGES/SALES JUNE 17 - JUNE 21, 2013continued from page 18MTG: $1,715,000 from BNY MellonADD: 27 Devon Rd., Chestnut HillBWR: Karin M. Byrne and Leonard B. MillerBUYER: Deborah Chauvin and Robert ChauvinSELLER: Dean R. Nelson and Sara CohnSarkis, f/k/a Sara E. CohnPRICE/ADD: $1,675,000; 8 Luongo Farm Ln.,LexingtonMTG: $600,000 from Bank of AmericaNOTES: Single-family Colonial, const. 2008;house size is 3,850 sf, lot size is 21,300 sf; fivebedrooms and 4.5 baths; last sold for $1,655,000in Feb. 2009; Declaration of HomesteadBUYER: Jacob Sayer and Mary Walters-SayerSELLER: Alan R. Levin and Marla F. LevinPRICE/ADD: $1,500,000; 14 Abbott Rd., DoverMTG: $1,200,000 from Wells Fargo BankNOTES: Single-family Colonial, constructed1998; house size is 6,275 sf, lot size is twoacres; four bedrooms and four baths; last soldfor $1,050,000 in Aug. 1998MTG: $1,500,000* from Stoneham BankADD: 20 Malia Ter., Chestnut HillBWR: Shannon FalksonNOTES: *Comm. mortgage for residential propertyBUYER: Brett Pangburn and Sarah PangburnSELLER: Rene J. FeuermanPRICE/ADD: $1,500,000; 3 Craftsland Rd., BrooklineNOTES: Single-family Colonial, const. 1940;house size is 3,225 sf, lot size is 7,925 sf; fourbedrooms and 3.5 baths; last sold for $204,000in March 1994; Declaration of HomesteadBUYER: 31 Stetson Brookline Investments LLC,managed by Joseph DiSipioSELLER: Robert O’Brien and William O’BrienPRICE/ADD: $1,500,000; 31 Stetson St., BrooklineMTG: $1,907,000 from Needham BankNOTES: Two-family, constructed 1912; housesize is 3,225 sf, lot size is 5,800 sf; sellers’ familyownership in property dates to Nov. 1959MTG: $1,200,000 from JPMorgan Chase BankADD: 218 Warren Ave., PlymouthBWR: Richard H. SgarziMTG: $1,150,000 from TD BankADD: 132 Albion Rd., WellesleyBWR: Debjani Sahni and Vikram Anik Singh SahniBUYER: Daphne Elise McNicholas and TimothyMcNicholasSELLER: Joanne Cantara and Michael CantaraPRICE/ADD: $1,125,000; 32 Kato Dr., SudburyMTG: $350,000 from F&M Bank & TrustCo. and $450,000 from Patricia McNicholasNOTES: Single-family, const. 2005; house sizeis 5,050 sf, lot size is 1.3 acres; four bedroomsand 2.5 baths; last sold for $500,000 in Aug.2004; Declaration of HomesteadBUYER: Donna Colahan and Wayne ColahanSELLER: Louise H. Freedman, individually andas Executrix of <strong>The</strong> Estate of Mayer SpivacPRICE/ADD: $1,110,000; 79 NanepashemetSt., MarbleheadNOTES: Single-family Ranch, const. 1955; house sizeis 3,650 sf, lot size is 29,200 sf; six bedrooms andfour baths; last sold for $1,130,000 in July 2003BUYER: Amy MacchiettoSELLER: Richard Huntt Jr. and Lisa LaFrancePRICE/ADD: $1,075,000; 14 Harvest MoonDr., NatickMTG: $806,250 from Washington TrustMortgage Co.NOTES: Single-family Colonial, const. 2002;house size is 3,625 sf, lot size is 1.4 acres; fourbedrooms and 4.5 baths; last sold for $948,400in May 2005; Declaration of HomesteadBUYER: West Orchard Street LLC, managed bySandra ForziatiSELLER: Gilda Tuoni RussellPRICE/ADD: $1,085,000; 20 West OrchardSt., MarbleheadNOTES: Single-family Ranch, const. 1968; housesize is 1,800 sf, lot size is 10,025 sf; two bdrms.and 1.5 baths; last sold for $305,000 in June 1995BUYER: Carin LitaniSELLER: James A. TalcottPRICE/ADD: $1,067,000; 28 Crescent St.,WellesleyMTG: $854,000 from First Republic BankNOTES: Single-family, constructed 1875, renovated1995; house size is 2,850 sf, lot size is20,175 sf; four bedrooms and three baths; lastsold for $1,045,000 in July 2006; Declarationof HomesteadMTG: $1,000,000 from Village BankADD: 130 Beethoven Ave., NewtonBWR: Edward L. Shifman III and Mary BethShifman f/k/a Mary Beth DomenicoPhoto: Derek Szabo


20 THE REAL REPORTER June 28, 2013Massachusetts CorporationsOrganized June 17 - June 21, 2013Corporation Directors/Registered Agents Address Nature of BusinessSHIGO II LLC David Greaney, resident agent C/o Synergy Development @ 100 Franklin St., Boston MA 02110 Deal with certain real property in Boston, MAND Investment V LLC Stephen A. Kinsella, signatory C/o National Development @ 2310 Washington St., Newton MA 02462 Interests in real estateDolben Riverscape LLC Andrew Dolben, Deane Dolben and Dana Pope, managers 150 Presidential Way, Ste. 220, Woburn MA 01801 Deal with certain multifamily property onRiverscape Drive, Odenton, MDTFG 300 Riverpark Drive Property LLC Tod Brainerd, William Gribbell and R. Scott Macphee, sigs. Tritower Financial Group @ 25 Burlington Mall Rd., Ste. 100, Burlington MA <strong>Real</strong> estate acquisition and developmentRIR Investments LLC Elizabeth Procaccianti, James Procaccianti and 1140 Reservoir Ave., Cranston RI 02920 <strong>Real</strong> estateGregory Vickowski, managersCresset Riverpark LLC Edward G. Nardi, manage C/I Cresset Development @ 120 Water St., Ste. 500, Boston MA 02109 Develop, finance, invest in, lease, marketand sell real estate133 Forest Avenue LLC Ronald K. Gold, manager; Jonathan Gold Esq. signatory 873 Beacon St., Ste. 12, Boston MA 02215 Deal with real estate53 Gammons Road LLC Ronald K. Gold, manager; Jonathan Gold Esq. signatory 873 Beacon St., Ste. 12, Boston MA 02215 Deal with real estateRebuildus Wholesale CFD 2011 LLC Norris Lozano, manager 600 Canoga Ave., Woodland Hills CA 91367 <strong>Real</strong> estate investorSJCO-TUL LLC Stan L. Johnson, manager 6120 So. Yale Ave., Ste. B13, Tulsa OK 74136 <strong>Real</strong> estate brokerage services37-43 North Beacon Street LLC Bruce A. Percelay, chairman; Andrew P. Stempler, signatory C/o the Mount Vernon Co. @ 29 Commonwealth Ave., 6th floor, Boston MA Deal in real propertyWLC One VI LLC James Holmes, Angela Lang, Jonathan Mirkin and 900 No. Michigan Ave., Ste. 1900, Chicago IL 60611 Ground lessee of certain real propertyDouglas Welker, signatoriesin Lexington, MAWLC Two VI LLC James Holmes, Angela Lang, Jonathan Mirkin and 900 No. Michigan Ave., Ste. 1900, Chicago IL 60611 Ground lessee of certain real propertyDouglas Welker, signatoriesin Lexington, MAMcEnchroe REIT LLC Michael K. Crowe, manager One Wood Ln., Winchester MA 01890 <strong>Real</strong> estate investmentsPalms Asset Managers LLC John Doering, Ralph Doering Jr. and Ralph Doering III, mgrs.; Principal office @ 721 NE 3rd Ave., Fort Lauderdale FL 33304; Development, leasing, management,Richard D. Gass, resident agent Richard Gass c/o Saul Ewing LLP @ 131 Dartmouth St., Boston MA purchase and sale of real propertySix Joy Street Trust LLC Kevin Brennan, signatory; Jason Gordon, resident agent Principal office @ 721 NE 3rd Ave., Fort Lauderdale FL 33304; Development, leasing, management,Jason M. Gordon @ 87 Terrace Hall Ave., Burlington MA 01803 purchase and sale of real propertyEmerald Beacon Hill LLC Mark Bahiri, manager; David B. Grossman, resident agent Principal office c/o Emerald Creek Capital @ 1 Penn Pl., NYC 10119; <strong>Real</strong> property interestsDavid B. Grossman @ 859 Willard St., Ste. 501, Quincy MA 02169Maple Street Management LLC David B. Grossman and Jacob M. Grossman, managers One Adams Pl., 859 Willard St., Ste. 501, Quincy MA 02169 Deal with real estateNorth Village Winn LLC Samuel Ross, president C/o the Winn Cos. @ 6 Faneuil Hall Marketplace, Boston MA 02109 Deal with certain real property inWebster, MA to operate a multifamily projectAG Fawcett LLC Penny Pritzker, chairman C/o Arterris <strong>Real</strong> Estate Partners Acquisitions I LLC Acquire real property@ 5404 Wisconsin Ave., Ste. 410, Chevy Chase MD 20815MV Parkway Partners LLC Richard D'Alessandri, C. Christopher Harris, Donald Huffner Principal office @ 14160 North Dallas Pkwy., Ste. 750, Dallas TX 75254; Deal in real propertyand W. Pretlow Riddick, managers MA office @ 1601 Trapelo Rd., Ste. 280, Waltham MA 02451115 Forbes Road LLC Joseph Taylor, manager 147 Beale St., Quincy MA 02170 <strong>Real</strong> estate development74 Brookley Road LLC Joseph Taylor, manager 147 Beale St., Quincy MA 02170 <strong>Real</strong> estate development266 Lamartine Street LLC Joseph Taylor, manager 147 Beale St., Quincy MA 02170 <strong>Real</strong> estate development7 Broadway LLC Judith Nesson Quarrell and Marilyn Gail Smith, managers Principal office @ 80 Washington St., Building B, Ste. 7, Norwell MA 02061 Interests in real estateSalem <strong>Real</strong>ty LLC John Montagna and Todd Tremblay, managers 459 Manchester Way, Wyckoff NJ 07481 Deal in real propertyWanda Way Development LLC David O. Claro, manager 48 Mystic Ln., Milford MA 01757 Construct residential housingNew Wave Property Management LLC Joel Mundele and Shant Koutoujian, managers 164 Newbury St., Boston MA 02116 Own commercial and residential real estateStafford Street Storage LLC Raymond E. Shea Jr., managers 1030 Stafford St., Rochdale MA 01542 Property management112 Marston <strong>Real</strong>ty LLC Michael Grondahl, manager; Dana Lanzillo, resident agent Principal office @ 304 Maplewood Ave., Portsmouth NH 03801; Deal in real propertyDana Lanzillo c/o Saul Ewing @ 131 Dartmouth St., Ste. 501, Boston MAPOAH Tribune Apartments LLC Amy S. Anthony, W. Bart Lloyd & Laura Vennard, signatories 40 Court St., Ste. 700, Boston MA 02108 Affordable housing development forlow-income tenantsArkephilmo LLC Philip R. Chernin, manager 810 Worcester Rd., Natick MA 01760 <strong>Real</strong> property interestsAnmar Properties LLC Anna Kousa and Mark Koussa, managers; Principal office @ 98 Purchase St., Rehoboth MA; Frank A. Lombardi Esq. Buy, maintain and sell real estateFrank A. Lombardi Esq., resident agentc/o Goodman, Shapiro & Lombardi LLC@ 7 Allied Dr., Ste. 107, Dedham MA49 Main Street Associates LLC M. Lorraine Herbert and Matthew S. Rousseau, managers 49 Main St., Sturbridge MA 01566 Develop, improve, maintain, purchase andsell real propertyLong and Ahern LLC Michael Ahern and Timothy Long, managers 900 East Broadway, Boston MA 02127 <strong>Real</strong> estate and interests thereinSherwood Companies LLC Connie Lemco and Alexander Styles, managers 2 Jordan Ln., East Freetown MA 02717 Invest in income-producing real estateApril 8 Investments LLC Caleb P. Gardner and Noah G. Gardner, managers; Principal office @ 58 Highland St., Cambridge MA; Ann P. Hochberg Esq., Interests in real estateAnn P. Hochberg Esq., resident agent c/o Broude & Hochberg LLP @ 75 Federal St., Boston MA 02110Four Cato LLC Gretchen Callahan, manager, Marianne Hanley, resident agent Principal office @ PO Box 861, Nantucket MA 02554; Develop, lease, mortgage, purchase andMarianne Hanley @ 6 Young's Way, Nantucket MA 02554sell real propertycontinued on page 21


June 28, 2013 THE REAL REPORTER 21Massachusetts CorporationsOrganized June 17 - June 21, 2013Corporation Directors/Registered Agents Address Nature of Business7 Oak Park Investments LLC Elijah Berg, manager; Mark Shub, resident agent Principal office @ 8 Oak Park Dr., Bedford MA 01730; Deal in real propertyMark Shub @ One Washington Mall, 7th floor, Boston MA 02108Northern Nest LLC Norman Thomson Jr., manager; Gregory Curtis, res. agent Principal office @ 3434 Gin Ln., Naples FL 34102; Buy, lease and sell commercial andGregorty T. Curtis @ 144 Merrimack St., Lowell MA 01852residential real estateAaron Rose LLC Abby R. Kalotkin and Arthur Kalotkin, managers 32 Claflin Rd., Brookline MA 02445 Deal in real property572 Office Property LLC Yongqing Jiang and Na Lu, managers 572 Boston Rd., Ste. 16, Billerica MA 01821 Buy, manage, rent and sell real estateDruid Hill Road Development LLC Vadim Kagan, manager 239 Nahanton St., Newton MA 02461 Invest in, lease and manage real estateGamma <strong>Real</strong>ty LLC D.P. Higgins Jr., manage 280 Ayer Rd., Harvard MA 01451 Develop, operate and own real estate88 Associates Florence LLC John A. Brennan Jr., manager 1 Walnut St., Ste. 3, Boston MA 02108 Acq., develop, lease, maintain & sell real propertyRGC LLC Raymond Goulet, manager 69 Metacomet St., Belchertown MA 01007 Manage and own real estateSeashore <strong>Real</strong> Estate Management Eugene Clements and David Kay, managers 490 Eastern Ave., Lynn MA 01902 Develop and manage real estate& Development LLCColumbia Property Investors Windham II LLC Stuart Alpert, Michael Hanson, Peter O. Hanson, 235 Moore St., Ste. 300, Hackensack NJ 07601 <strong>Real</strong> estate investmentsWilliam C. Hanson and Hal Messer, signatoriesColumbia Property Investors Murrysville I LLC Stuart Alpert, Michael Hanson, Peter O. Hanson, 235 Moore St., Ste. 300, Hackensack NJ 07601 <strong>Real</strong> estate investmentsWilliam C. Hanson and Hal Messer, signatories<strong>The</strong> Katsiroubas Family <strong>Real</strong> Estate Deborah Katsiroubas, mgr.; Richard A. Feigenbaum, sig. 22 Phillips Pond Rd., Natick MA 02760 Deal in real propertyPartnership LLCEJH <strong>Real</strong>ty LLC Edward N. Kepnes, manager 260 Eliot St., Natick MA 01760 Operate and own real estatePenrose Property Management Chris Heller, manager 580 Harrison Ave., #430, Boston MA 02118 Property management and related activitiesand Design LLCElliot Place LLC Steve K. Anezis, manager 72 Central St., U-14, Peabody MA 01960 Invest in real property47 Forbes Development LLC Ford Samuel Reiche, manager 246 W. Newton St., U-2, Boston MA 02116 Dealing with interests in real estateWilmington Investment Group Inc. Daniel Shibilia Jr., president; Jonathan Cullen, treas. and sec. 45 Edgelawn Ave., U-5, North Andover MA 01845 <strong>Real</strong> estateO&L <strong>Real</strong> Estate LLC Oscar Ascenzo, manager 1 Pickard Ln., North Reading MA 01864 Develop, finance, lease, manage, ownand sell real propertyJLZ <strong>Real</strong>ty LLC Jeremy M. Zuniga, manager 462 Pine St., U-106, Marshfield MA 02050 Manage and own real estateFRIT Solar Inc. Donald C. Wood, president; James M. Taylor Jr., treasurer; 1626 East Jefferson St., Rockville MD 20852 Solar projectsDawn M. Becker, secretaryHistoric Washington Street LLC Roseann M. Benson and James W. Janetka, managers 1900 West Park Dr., Ste.280A, Westborough MA 01581 <strong>Real</strong> estateRutland Street LLC Brian Shortsleeve, manager 61 Audubon Rd., Wellesley MA 02481 Deal in real propertyBrentwood Operator LLC Yonah Kohn, Nachum Rokeach and Yitzhok Rokowsky, mgrs. 575 Route 70, 2nd floor, Brick NJ 08723 Operate a healthcare and rehabilitation facilityDJJ Investments LLC Douglas J. Janik Jr., manager 51 Senator Ave., Agawam MA 01001 Buy, own and sell commercial, multifamilyand residential real estatePatriots Road <strong>Real</strong>ty LLC Joseph S. Cadette, manager 456 Main St., Leominster MA 01453 Develop and own real propertyC.L. Helt Architect Inc. Timothy Johnston, pres. and treas.; Sharon Johnston, sec. 1136 Greenwood Cliff, Charlotte NC 28204 ArchitectureCNW Commonwealth Avenue Partners Christopher J. Currier Esq., <strong>The</strong>odore B. Howell Esq. and C/o JMA @ 3 Church St., Winchester MA 01890 Deal in real propertyCharles V. Reed, signatoriesSt. Germain Street <strong>Real</strong>ty LLC Jihad Hajj, signatory; Paul F. Cavanaugh, resident agent Principal office @ 1714 Washington St., Boston MA 02118; Buy, rent and sell real estatePaul F. Cavanaugh @ 27 Mica Ln., Wellesley MA 02481Manchester Property Group LLC Jason Bryan, Brian Mulroy, Daniel Mulroy, Michael Mulroy 35 Monroe St., Shrewsbury MA 01545 <strong>Real</strong> estate of all sortsand Paul Mulroy, signatoriesSol Properties LLC Jose D. Brambila, manager 16 Bartlett Ave., Woburn MA 01801 Dealing with interests in real estateCaptain John Foster LLC Edward R. Roaf and Edward R. Roaf II, managers 24 Perkins Cir., Topsfield MA 01983 <strong>Real</strong> estate investmentsSuite 2 Holdings LLC Michel Adler, manager 225 Walden St., #6S, Cambridge MA 02140 <strong>Real</strong> estate leasingNew Seabury Company Christopher Burden, president 12 Mall Way, Mashpee MA 02649 Broker, invest in, lease, manage and sell RE10 Flagship Drive LLC Stephen F. Sullivan, manager 51 State Rd., Dartmouth MA 02747 Manage and own real estate23 Cross Street LLC Mei Xue, manager 117 Wallace St., Newton MA 02461 <strong>Real</strong> estate investmentsLee Bay Properties LLC Charles A. Garrard, manager 15 Marion St., Lynn MA 01905 <strong>Real</strong> estate investment and management14 School Street LLC Peter J. Hoy, Jeffrey M. Volpe and Judith A. Volpe, managers 194 Lincoln St., Norwell MA 02061 Buy, lease, maintain and sell commercialand residential real estate188 Lincoln Street LLC Peter J. Hoy, Jeffrey M. Volpe and Judith A. Volpe, managers 194 Lincoln St., Norwell MA 02061 Buy, lease, maintain and sell commercialand residential real estateTwo Phillips Road LLC Matthew Nicholls, mgr.; Mary Anne McGonagle Esq., res. agent Principal office @ 31 Argonne St., Quincy MA; Mary Anne McGonagle Esq., <strong>Real</strong> estate developmentc/o Graeber, Davis & Cantwell PC @ 15 Cottage Ave., Quincy MA 02169continued on page 22


22 THE REAL REPORTER June 28, 2013Massachusetts CorporationsOrganized June 17 - June 21, 2013Corporation Directors/Registered Agents Address Nature of BusinessCRPI Inc. John Curseaden, pres ; Karen Rizzo, treas and sec 101 Great Rd., Ste. 151, Bedford MA 01730 <strong>Real</strong> estate investmentsAmerican Steel Erectors Inc. Douglas Greenwood, pres.; Roland Lafrancois, treas. and sec. Principal office @ 52 Race St., Bristol CT 06010; Erect and repair pre-engineeredMA office @ 1900 West Park Dr., Ste. 280A, Westborough MA 01581 metal buildingsPark Central LLC William Depietri, Douglas Freeman and Kevin Giblin, mgrs. 259 Turnpike Rd., Ste. 100, Southborough MA 01772 Invest in real estateAHSC Middlebury Manager LLC Michael Mattos, manager 536 Granite St., Braintree MA 02184 Develop and own real estateCR 21 LLC Thomas M. Alperin, Brian Kavoogian, Stephen A. Kinsella, 2310 Washington St., Newton MA 02462 Interests in real estateEdward L. Marsteiner II and <strong>The</strong>odord R. Tye, signatories1 Dolphin Court LLC Norman A. Levenson, president C/o Copley Management & Development @ 896 Beacon St., Boston MA Deal with certain real property at1 Dolphin Court, Nantucket MA99 Main Parking LLC James J. Karam and Zachary G. Darrow Esq., signatories 10 North Main St., Fall River MA 02720 Develop, lease, operate, own and sell REMullin MVY Holdings LLC Sarah R. Mullin, manager 6 Old Dunham's Corner Way, Edgartown MA 02539 Hold real estateWestside Professional Building LLC Reda H. Ishak, manager 1 Westfield St., West Springfield MA 01089 Manage and own real estateGriffin Land Development MA LLC Anthony Galci, Michael Gamzon & Thomas Lescalleet, sigs. One Rockerfeller Plaza, Ste. 2301, NYC 10020 Acquire, develop, finance, lease, manageand sell real propertySHI 2013 House Associates LLC Anne Randle, John Reichenbach and Peter Roth, managers C/o New Atlantic Development @ 725 Harrison Ave., Ste. 1, Boston MA Acq. RE to develop & operate a shared livingarrangement for developmentally disabled adultsGarland House LLC Thomas Lindberg, mgr.; Richard Branson Esq., res. agent Principal office @ 28 Downer Ave., Boston MA 02125; Acquire interests in real estateRichard P. Branson Esq. @ 18 Tremont St., Ste. 900, Boston MA 02108Ballardvale <strong>Real</strong>ty Group LLC Bryan Langone, Jonathan Langone, Matthew Langone and 38 Nassau Ave., Wilmington MA 01887 Buy, develop and own real propertyRichard J. Langone, managers19 Clark Street LLC Arthur Caras, manager; Alisa Tucker, resident agent Principal office @ 113 Salem St., Boston MA 02113; RE acquisitions, development and salesArthur Caras @ 44 North Shore Rd., Derry NH 0303869 Congress Street LLC Mei Xue, manager 117 Wallace St., Newton MA 02461 <strong>Real</strong> estate investmentsWollaston Place LLC Chong Zhang, manager 28-B Billings Rd., Quincy MA 02171 Acquire, develop, lease, manage and sell RESlocum Hall Design Group LLC David P. Boronkay, signatory 60 Dudley St., Ste. 111, Suffolk MA 02150 Architecture29 Baker Street LLC Robert F. Calnan and James Savas, managers 11 Debra Rd., Millville MA 01529 Deal with certain real property at29-31 Baker St., Belmont MAKayla Rae <strong>Real</strong>ty LLC Betsy M. Braga and Carlos B. Braga, managers 51 Pond St., Rehoboth MA 02769 Develop and lease real property687 Highland Ave. LLC David L. Hojlo, manager 687 Highland Ave., Ste. 11-12, Needham MA 02494 Buy, develop, lease, manage, mtg. and sell RE400 Cambridge Street LLC Manuel Rogers, manager 392 Cambridge St., Cambridge MA 02141 Dealing with interests in real estateBID Commercial Street LLC John D. Corey, manager 66 Charles St., #140, Boston MA 02114 <strong>Real</strong> estateBRA Listingcontinued from page 2of prospects. “I think we’llsee the condo guys, thetax exchange guys, and Iexpect the local ownersand operators who (target)Greater Boston multifamilywill be looking atit,” he relays, and welcomingall comers. “It is a specialoffering and one weare excited to have beenretained to represent,” hesays.<strong>The</strong> scenario was quitedifferent in peddling 12units at 197-205 Kent St.,a two-building condominium converted inNovember 1979 by the Fishman Family.An entity managed by Earl N. Henry IIIpaid $3.3 million to the I. Fishman Family197-205 Kent St., Brookline MALP earlier this month, taking over unitsthe clan had retained while trading theremainder of the 68-unit complex. <strong>The</strong>units have typically been fully leased, andwere at the time of theirsale, relays Sower, whoworked on the assignmentwith Weissman andAssociate Andrew Herald.One reason for that performanceis proximity tothe Longwood MedicalArea, outlines Sower,concurring the longevityof the sellers’ stakestands out. East Bostonfinanced Henry with$2.64 million on behalf ofhis 197-205 Kent StreetLLC.“Both seller and buyerwere great to work withon this transaction,”Sower says of the exchange involvingthree studios, three one-bedrooms and sixtwo bedrooms. “We were very happy withthe results.”n


June 28, 2013 THE REAL REPORTER 2310 Fawcett St.continued from page 1traded Friday for $31.3 million in an allcashtransaction, according topublic records. Cushman &Wakefield was exclusive listingagent for the six-story, 130,000-sfbuilding.“It is a continuation of theCambridge sprawl and (shows)the importance of having aCambridge address,” says C&W ofNew England President Robert E.Griffin Jr. Among three distinctsubmarkets in the city, westCambridge has long been the laggard,with less space than theKendall Square and mid-Cambridge submarkets and usuallycommanding less for rent. TenFawcett St. is one of the few firstclassoptions on the Fresh Pondside of the district, but Griffin saysthat image is quickly shiftingupwards thanks to plannedupgrades to the strip of old industrialbuildings dating to the 1950sand 1960s.“Not everybody can be inKendall Square,” Griffin says ofNew England’s life sciences epicenter anda burgeoning haven for technology companies.<strong>The</strong> at-any-cost mentality of titanssuch as Google and Microsoft is forcingmany tenants to make difficult choices,Robert E. Griffin Jr.Edward C. Maher JrMatthew E. Pullenand Griffin says the trend appears to bebenefitting west Cambridge fromimproved retail, more housing and anexpanding public transportation network.“It’s going to be much differentthan it has been,”says Griffin, and thatappears to have been aselling point to the buyersand a rash of competitionthat pushed the pricingwell above the $21.1million Synergy initiallypaid for 10 Fawcett St. inJan. 2007.Calls to GriffithProperties were notreturned by press deadline.<strong>The</strong> locally basedoperator will reportedlyserve as managing partner,while Artemis isdelivering the bulk of thecapital. <strong>The</strong> split of ownershipwas not divulged,with Griffin declining todiscuss financials beyondterming it “a good result”for the seller. A leader ofArtemis is PennyPritzker, who separatelythis week was named US CommerceSecretary. Synergy is a 10-year-old realestate firm based in Boston that has beenmore aggressive on growing its portfoliothan harvesting buildings that are focusedJuliette ReiterDavid TownsendMark Winterson metropolitan Boston.West Cambridge has posted 104,000 sfof positive net absorption since mid-year2012, according to new figures releasedthis week by Richards Barry Joyce& Partners. Vacancy for the 1.6million sf is still higher than the10.5 percent for 6.8 million sf inKendall Square and minute 0.6percent for mid-Cambridge’s supplyof 2.0 million sf, but the districthas enjoyed a 13.4 percentjump in rents the past fourmonths to an average of $37.87per sf. That still offers a sharp discountto the other submarketswhere mid-Cambridge is now aflat $50.00 per sf and KendallSquare is up to $55.80 per sf,surging 12.6 percent since mid-2012.<strong>The</strong> C&W Capital Marketseffort was led by Griffin, Vice-Chair Edward C. Maher Jr. andExecutive Director Matthew E.Pullen. As part of the firm’s fullserviceapproach, C&W alsoengaged Cambridge specialistsJuliette Reiter, David Townsendand Mark Winters to provide realtimemarket insight for potentialbuyers. Griffin would not identify otherbidders, but says there was a diverse constituencychasing the property that wasmade available earlier this spring and proceededquickly to the conclusion. nRockland Trustcontinued from page 4which put them at the outskirts of Bostonin Watertown, and in January the bankbeefed up its Middlesex County presencewith the acquisition of Central Bank. <strong>The</strong>CBRE New England team of VicePresident Lauren Lipscomb and Senior VPPatrick Cavanagh located approximately5,200 sf for Rockland Trust at 101 Arch St.to establish a beachhead for the lender inthe heart of Boston’s Financial District.<strong>The</strong> CBRE/NE trio of Vice President JonFreni, Client Services Coordinator KristenJensen and principal Timothy Lyne representedlandlord Clarion Partners in thenegotiations.Nadeau says that the Boston lendingsuccess remains unabated in 2013 evenbefore the new office has opened.“We’re continuing to see the sametype of activity as we did with thehigh-profile retail transactions($18 million financing of 815-825Boylston St. and the $27 millionfinancing of 801 Boylston St.) in2012, with (confidential) residentialprojects in South Boston andJamaica Plain,” he conveys.Rockland Trust also provided $8 million infinancing for Arboretum Place, a 40,000-sfmixed use facility in Jamaica Plain.Rockland Trust is not the only communitybank to establish a beachhead in theHub, with Brookline Bancorp even buyinga new headquarters building at 131Clarendon St. in the Back Bay. WebsterBank opened an office at 100 Franklin St.and Cambridge Savings Bank executed aJonathan FreniKristen Jensen Timothy Lynesimilar move two summers ago, opening atemporary office in Boston before establishinga commercial loan office at 745Boylston St. “We’ve had great success,”reports Senior VP Michael Lindgren of theexpansion into Boston. “We feel that havinga presence here puts us on the map forthe Boston commuter even though we’reright across the river,” he explains. “And(customers) seem to like the Back Baylocation.”n


24 THE REAL REPORTER June 28, 2013ULI Retailcontinued from page 6have improved. “<strong>The</strong>re is far less crime,there is less dirt and grit, and the cities byand large are attractive and lively,” shestated.One dominant theme heard was theneed for developer/landlords and retailersto reflect the character of the neighborhoodthey are in rather than try fit their retailconcept into an established setting. “Youhave to be true to the real estate in its location,meaning that Newbury Street shouldbe true to Boston and it should be somethingthat Bostonians should want to visitas well as being an attraction for (tourists).You’re not going to take some pre-conceivedmodel and jam it in. That’s when youfail,” said Jamestown’s Wechter, whose firmpurchased 23 properties on and aroundNewbury Street in 2011 for $226.5 million.“Newbury is a great street, but it has tomaintain its character as a great street inBoston,” Wechter advised the audience.Kiefer seconds that notion. “(<strong>The</strong> newurban retail model) isn’t about takingsome standard format that you developedin your office in Houston and trucking itout across the country,” he concurred.“This is much more nuanced and locationspecific in that it takes advantage of localcharacter, and it’s much more adapted tothe environment.”<strong>The</strong> panel identified emerging neighborhoodsforging their own identities, citingDowntown Crossing, the Fenway andFort Point Channel in Boston and KendallSquare in Cambridge as prime examplesof boroughs becoming premier destinations.“With the promise of the Seaportcoming and South Boston changing, therewas all this opportunity in Fort PointChannel,” said Dutch, who explained howhe helped Berkeley Investments fill theretail portion of their mixed-use portfolio<strong>The</strong> <strong>Real</strong> <strong>Reporter</strong>VOLUME 5, NUMBER 17© 2013 <strong>The</strong> <strong>Real</strong> <strong>Reporter</strong>, LLC. Ten Post OfficeSquare, Boston MA 02109, 617-692-2997. Allrights reserved. No part of this publicationmay be reproduced without the written consentof the publisher.on Congress Street. Dutch said he was notsold on the neighborhood initially, but sawthe restaurants serve as anchors. <strong>The</strong>Fenway redevelopment was also aided significantlyby the restaurant surge, notedWeiner, adding, “the Fenway is performingvery, very well, and there’s a lot more todo now than just the 81 days a year thatthe Red Sox are playing.” Target will soonbe opening a two-story, 120,000 sf there,the first big box retailer to open a fullsizedoperation in the Hub, according toWeiner.Sports Club/LA’s Million is understandablysold on the ever-improvingDowntown Crossing district (the healthclub operator is owned by MillenniumPartners, which is the developer of theformer Filene’s site). “It took us a longtime to get over the (proximity to) theCombat Zone,” she quipped. “Peoplethought it was ridiculous that the RitzCarlton (where Sports Club/LA operates a114,000-sf facility) was five feet awayfrom the Glass Slipper (a strip club). Butpeople now understand that the other sideof the Boston Common is beautiful.”Million says the firm will open “threesmaller satellite” clubs within a few blocksof the Ritz Carlton, and when prodded byKiefer as to what type of retailers wouldbe going into the Burnham Building, sheanswered, “It will look different, and it willbe something that people really need, butI can’t say,” she laughed, which lent credenceto recent reports that Roche Bros.will be opening a store at that location.Across the river in East Cambridge,Dutch predicts that the amenities andretail currently in short supply will continueto grow. “And I’m willing to bet that theneighborhood will be on fire in five years,”he predicted.<strong>The</strong> Massachusetts Department ofTransportation has selected a joint ventureof Samuels & Associates and WeinerVentures to build an air rights developmenton Parcels 12 and 15. <strong>The</strong> $360 millionproject will be constructed above andalong the Massachusetts Turnpike atBoylston Street and MassachusettsAvenue in Boston’s Back Bay.Samuels, who is credited with transforminga section of Boylston Street nearFenway Park from a series of gas stationsand one-story buildings into an extensionof the Fenway neighborhood, teamed withBoston’s Weiner Ventures on a tower withhotel, residences and shops.On Parcel 15, a 400-foot high-rise hoteland residential building will be set backfrom Boylston Street, with a low-rise retailbuilding along the street. On Parcel 12, amid-rise residential building will be locatedon Boylston Street and a two-floorretail building will cross the Turnpikealong Massachusetts Avenue. <strong>The</strong> projectwill create 230 apartments, a 270-roomhotel and 50,000 square feet of retailspace.nPhoto: Derek SzaboFEEDBACK TO: EDITOR@THEREALREPORTER.COM


June 28, 2013 THE REAL REPORTER 25Calare, Grossmancontinued from page 1Jacob M. GrossmanJacob M. Grossman says his firm has foundat 60 Maple St., a 226,000-sf warehousebought this week from Calare Properties for$7.0 million, or a tidy $31 per sf. <strong>The</strong> transactioncompleted theback end of a tax-freeexchange.“We feel lucky tohave gotten this one,”Grossman conveys to the<strong>Real</strong> <strong>Reporter</strong> in explainingmany listings in circulationare for netleasedbuildings or, onthe other end of thespectrum, overly riskydeals due to an off-centerlocation, obsoletedesign or poor upkeep.<strong>The</strong> Grossman Cos.’investment approach, hesays, is about having 20Robert D. Gibson Jr.percent rock-solid, cash-flowing deals, asmattering of risky, high-yielding venturesand the remainder value-add propertiesproviding balance between the two realms.Sixty Maple St. strikes such a medium,Grossman maintains, with Calare increasingoccupancy to 70 percent during its stewardshipbut leaving potential gains for thenew landlord to cultivate.Based in the South Shore, the GrossmanCo. is quite familiar with Mansfield, andJacob Grossman says conditions thereappear on the mend in the industrial sectorafter being battered in the 2008 recession.“Everything is getting tighter, and so wethink the timing works well for us,” he says,aided by a lack of speculative inventory andthe improving economy that has a directimpact on space demand. Grossman Cos.also has an experienced operation that iswell-versed in reclamation endeavors, andis turning to CBRE/NE veteran brokerRobert D. Gibson Jr. to resume his role asexclusive leasing agent that he provided toCalare. “Bob has done a great job there, andwe expect he will continue to do so for us,”Grossman says, terming the broker a “dominant”professional in the region. Gibsonalso united the buyer and seller for the justcompletedtransfer.Grossman says 60 Maple St. is similar toanother industrial building his companyowns in Killingly, CT, that Colliers brokerNicholas R. Morizio is handling, with justone-third of its 210,000 sf occupied whenacquired last September. “We’re pleased”with the progress there, says Grossman,while the firm is presently in talks to securesimilar investments in other New Englandregions, although Grossman would not providespecifics due to confidentiality contracts.Grossman was equally complimentary ofCalare on both its progress with 60 MapleSt. in the challenging environment, as wellas in the negotiations. “<strong>The</strong>y were fantasticto work with,” he says. Efforts to contactthe seller were unsuccessful by press deadline.Calare is an active owner and operatorof commercial properties in New England,with 60 Maple St. owned since Dec. 2006.<strong>The</strong> tax free exchange process involved aWhitinsville that closed in December, withthe Mansfield prospect one of three replacementproperties identified. <strong>The</strong> firm haddetermined its long-term hold in Whitinsvilleasset had “run its course,” recountsGrossman, and set about with a campaign inmind to find a deal where income was stillpossible to generate. “It worked out great,”Grossman says of concluding the extendedplan that began well over a year earlier. nActon Listingcontinued from page 8Robert Tito Jr.Robert Tito Sr.property in a wonderful market,” says Ross,citing a location in one of the busier parts ofActon, an area served by public transportationand plentiful consumeroptions. JoiningRoss on that assignmentare Gina Barroso, ScottDragos, Doug Jacoby andSean Ryan. Barroso andRoss were joined by colleaguesRobert Tito Sr.and Robert Tito Jr. onthe Nashoba Apartmentsnegotiations. That developmentis at 284 GreatRd., a 2.5-acre communitycloser to Nagog OfficePark. New owner StuartLevey financed hisinvestment backed by$3.44 million from CBRENashoba Apartments, Acton MAMultifamily Capital LLC.That deal has an element of déjà vu intriplicate. Hamilton was also the owner ofCoach Estates in Acton, an apartment complexproperty the NAI/Hunneman contingentharvested to Universal in April 2008 for$4.6 million. Situated 25 miles west ofBoston, Acton has a variety of elements makingit conducive to multifamily demand, saysRoss, with the population nearly triplingover the past 25 years thanks to a respectedschool system, the close proximity to metropolitanBoston and the town’s low crime rate.At 21 acres and sporting garden-stylebuildings, Dover Heights is expected toattract a number ofbuyer profiles, accordingto Ross, who declined toprovide an asking priceor a timetable for bids tobe due. <strong>The</strong> developmentthat was built in1969 features 65 twobedroomunits to go witha half-dozen one-bedroomapartments.Scott DragosDoug JacobySean Ryann


26 THE REAL REPORTER June 28, 2013<strong>The</strong> <strong>Real</strong> Reportcontinued from page 1granddaddy soiree now in its 25th yearthat celebrated with $187,000 raised onbehalf of Heading Home Inc. <strong>The</strong> handsonagency that fights against homelessnesshas received more than $2 millionfrom the annual tournament alone, a figureNAIOP member Garry Holmes marveledat recently in recalling how it usuallyencompasses three courses, this year atStow Acres Country Club andButternut Farm Golf Club. Moreremarkable, Holmes observes, is howNAIOP continued to sally forth throughthe slump to keep the numbers up, a vervehe credits to memberswho recognized theneed was even greaterin such a dour environment.“It says a lot tome about just howstrong a mission this isfor NAIOP,” opinesHolmes, who servedGerry-Lynn Darcyfour years ago as a member of theCharitable Events Committee. Whileeveryone bands together, he stresses onestaffer stands out in particular as the truechampion of the campaign, Director ofMembership & AdministrationDeborah Osheroff. “She really is the onewho year in and year out spearheads itand makes sure every detail is in order,”says Holmes, noting the challenges ofhosting multiple events on the same day,with all of the golfers then assembling inone site in the end.One week later, at Granite LinksGolf Course in Quincy, the Buildersand Remodelers Association ofGreater Boston found Mother Nature inharmony with their efforts that includingraising money for OneFund Boston. “Wewere so fortunate,” Executive OfficerGerry Lynn Darcy recounts to the <strong>Real</strong>Report, with each day leading up to theprogram having been “horrible” before theskies parted in time to offer balmy weatherand “spectacular” views of BostonHarbor and the city skyline. “We felt thatwas a very good sign,” says Darcy, praisingGranite Links management for superiorwork in preparing the course and accommodations.“Chris Sleeper is one of thebest directors I have come across in my16-year career within the industry,” saysGranite Links golf course, Quincy MADarcy, stating “his hands-on service-orientedapproach makes our outing one ofthe most successful events of the year.”<strong>The</strong> annual tournament drew morethan 100 BRAGB members and theirguests to the fete, which had lead sponsorsin Chris Dye of Eastern Insuranceand Needham Bank’s Larry Pittman.Other sponsors were:Anderson Insulation,Anchor Insulation,ConnectPlay, ColwellHomes, Express Sign& Graphics, GFCDevelopment, IdealConcrete Block Co.,Parksite & DuPont,Scott ColwellDeborah OsheroffSalem Five and TJ O’Reilly Services.In reviewing the 2013 version, Darcysays she “was proud to see the level ofinvolvement and the camaraderie amongstthe members and their friends” in whatcan be a stressful business. “As one of thearea’s most successful trade organizations,we have members from all segments of theconstruction and building industry,” notesDarcy. “Builders, developers, suppliers,designers and other industry professionalsbenefit from our robust social events,” andthe event so ensconced in the group thatit has already penciled in next June 25thfor the 2014 tilt.With summer kicking into high gear,plenty of organizations are now assemblingfor similar tournaments this season,including a pair of July tournaments at thePinehills Golf Club, the first on July 8thwhen the BOMA Cup Summer Outingand Barbecue will be held, followed onJuly 25th when the Boston Society ofArchitects celebrates its 25th anniversarytournament. In between, atBlackRock in Hingham, CoreNet NewEngland will meet on July 15th to mixpleasure and raise funds to support theorganization’s educational programs. Agroundswell of sponsors has signed on forthis year, according to the CoreNet websitethat shows more than five dozen helpingout, including Platinum contributionscontinued on page 27


June 28, 2013 THE REAL REPORTER 27Tritowercontinued from page 1million transaction was completed onbehalf of DivcoWest and TaurusInvestment Holdings. <strong>The</strong> sale backed by$22.7 million from East Boston SavingsBank is Tritower’s first since being formedin January at 25 Burlington Mall Rd. inBurlington.“It is a terrific property and we are verypleased with the agreement,” principal andAcquisitions Director Tod Brainard conveysto the <strong>Real</strong> <strong>Reporter</strong> followingThursday’s closing ofthe inaugural investmentat 300 RiverparkDr., bringing the targetof spending $100 millionin 2013 nearly one-thirdway there at the midwaypoint, and Brainard saysChristopher Angelone the group is beating thebushes pursuing opportunitiesin the top fivemarkets from Boston toWashington, D.C. “We’vegot a few irons in thefire,” he says, addingthat the firm intends tobe “very active in theWilliam Moylan Greater Boston market.”An alum of Leggat McCall Properties,Brainard had helped Griffith Propertiesamass a portfolio of suburban buildingsfrom Quincy to Wilmington during the2000s before joining forces with FranklinStreet Properties executives R. ScottMacPhee and William W. Gribbell. FSP’splatform was more national than Tritowerhas structured itself, outlines Brainard,and the firm specialized in finding Class Agems in secondary markets. <strong>The</strong> new entity’sapproach involves landing both coreand value-add prospects but limited to thetop five best-in-class cities. Deal size willrange from $20 million to $50 million,although there will be the ability to doselect ventures above that level, saysBrainard, whose firm has access to a stableof 3,000 investors, most high-networth types seeking a better yield than inalternative instruments.For jittery capital, 300 Riverpark is areal estate remedy to soothe one’s nerves,Brainard relays, as all of the building is25 Burlington Mall Rd., Burlington MAfully leased to Amazon Corp. affiliate KivaSystems through 2024. <strong>The</strong> modern facilitythat dates to 1991 is located just offInterstate 93, a submarket that servicesthe northern Massachusetts industrialsector. “We feel the return is excellentthere given the risk profile,” saysBrainard, terming it a “dividend clipper”for those participating. Structurally, theasset is considered solid, featuring clearheights to 36 feet, plus 17 loading dockslining the building that sits on 20.8 acres.CBRE/NE Capital Markets team memberswere led by principals Christopher<strong>The</strong> <strong>Real</strong> Reportcontinued from page 26from Fox RPM, Herman Miller, JonesLang LaSalle, LBA <strong>Real</strong>ty,MPA/Margulies Perruzzi, McCarter &English and Structure Tone Inc.On top of its tireless staff, NAIOP alsogot plenty of member backing. EquityOffice and Holliday Fenoglio Fowlerwere 2013 tournament co-sponsors, alongwith course sponsors BoylstonProperties, Richards, Barry Joyce &Partners and UGL Services. <strong>The</strong> 2013Charitable Events Committee is led byHFF principal John Fowler, JohnHynes of Boston Global Investors,Maureen Rystrom from J. Calnan &Associates, and Sarah WeatherbeeWalker of Keller Augusta Partners.Angelone and William Moylan, with backingfrom Nicholas Herz and Bruce Lusa.<strong>The</strong> leasing group also assisted, with principalsJason Levendusky, David L. Pergolaand Mark Reardon giving ground-levelmarket research, while debt advice wasforthcoming through professionals CarlosFebres-Mazzei and Kyle Juszczyszyn.Angelone declined to discuss the assignmentwhen contacted after the closing,but did confirm the group’s involvement,an effort that ends the mid-year on a highnote for the firm that is active in all producttypes throughout the region. nAs to that good golfing thing, amongthe 400 swingers who showed up for theNAIOP tournament, Weatherbee Walker’scolleague Kate Keller was one of four triumphingin the inaugural NAIOPChampionship Cup, with the othersbeing Jennifer Athas of ARA NewEngland, Claude Hoopes and JoeKeller of Keller & Co. More winnerscame via a Super Raffle, with the charitablecampaign raising another $40,000 forthe cause on top of the $187,000. “Thisyear marks a tremendous anniversary, andI am especially proud of our member volunteers,our staff, and our generousdonors who helped us reach this recordbreakingdonation,” NAIOP ofMassachusetts CEO David Begelfersaid in a statement after the results weretallied.nADVERTISING INFO: ADS@THEREALREPORTER.COM

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!