News: Front Section

Boston Realty Advisors completes $9.25
million sale of 105-109 Charles St.

Boston, MA Boston Realty Advisors represented the owner in the sale of 105-109 Charles St., a mixed-use property in the Beacon Hill neighborhood of the city.

The property consists of 18 residential units and three street-level retail spaces on the walkable and historic street. The sale price was $9.25 million.

“We are pleased with the outcome, and it was great to work with Patrick M. Mahoney, a member of the buyer entity in this transaction,” said Kevin Benzinger, managing director of Boston Realty Advisors, who led the sales process. “Boston Realty Advisors would like to congratulate both the seller and buyer on the closing.”

The 105-109 Charles St. property is located near the State House, Boston Common, Mass General Hospital, and variety of other amenities in the surrounding area and among other popular shopping destinations.

Retail establishments proudly doing business on the first floor are Rugg Road Paper Co., Yosemite Eyewear, and Covet accessories and consignment.

Once known as the Martha Thatcher House, at 109 Charles St., the building, in Colonial Revival and Greek Revival styles, was built in 1840 and was historically used as a single-family dwelling as well as for commercial space and apartments.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
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

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

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

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary