News: Spotlights

2021 Year in Review: Nicholas Zolotas, Partner, Herrick Lutts Realty Partners

Nicholas Zolotas
Herrick Lutts Realty Partners

How has your working environment changed over the last year? Early this year we rebranded as an independent agency, amicably parting ways with Keller Williams and becoming known simply as Herrick Lutts Realty Partners. As a result of this shift, we are able to provide the best of both the latest technological tools and a more personalized service model. We have continued to focus on long-term relationships and being a full-service brokerage and advisory firm, setting our sights on building a client-focused model, a team approach to solving problems, and winning strategies

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2021? In July, we completed the sale of a 70-unit apartment community, located at 5 Dyer Court in Danvers. The community was purchased by Cranebrook Crossing LLC for a price of $11.88 million, and consists of four brick buildings comprising 39 two-bedroom, 30 one-bedroom, and one studio apartment, located on 4.32 acres. The four buildings are located adjacent to the Danvers Rail Trail, only minutes away from downtown and commuter routes. The acquisition of this apartment community was a rare opportunity to purchase 70 property units all on one parcel.

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Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

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The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

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