News: Front Section
Posted: April 29, 2016
Cronin of Colliers International brokers sale of 39-acre former 4H property - Public record indicates property was sold for $3.15 million
Former 4H property, 466 Chestnut Street - Ashland, MAAshland, MA The Boston office of Colliers International has brokered the sale of the 39-acre former 4H property at 466 Chestnut St. at Eliot St. Colliers senior vice president Bob Cronin represented both the seller, Cloverland Properties of Sudbury, Mass., and the buyer, The Green Companies of Newton, Mass. Public records indicate that the sale price for the property was $3.15 million. According to recent press releases, the project at 466 Chestnut St. has been named “The Lanterns at Warren Woods” and it has recently been approved for 93 senior-living residential units. Construction will start in the next 60-days.
Colliers International Group Inc. is a global leader in commercial real estate services with more than 16,146 professionals operating from 554 offices in 66 countries. With an enterprising culture and significant insider ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include brokerage, global corporate solutions, investment sales and capital markets, project management and workplace solutions, property and asset management, consulting, valuation and appraisal services, and customized research and thought leadership. Colliers International has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 10 consecutive years, more than any other real estate services firm.
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