News: Front Section

Girolamo of Horvath & Tremblay arranges $5.876 million multifamily sale

77 Green Street - Lynn, MA

Lynn, MA Stephen Girolamo of Horvath & Tremblay has arranged the sale of 77 Green St. Girolamo represented seller to close the property at a sale price of $5.876 million. The three-story brick building contains 27 units comprised of 17 one-bedroom/one-bathroom units, four two-bedroom/one-bathroom unit, and six studio units in 19,296 s/f of living area (25,728 s/f of gross area), on a 0.245 acre parcel.

The property is located on a residential street at the edge of downtown. The location is walkable to dining, drinking, shopping, cultural and entertainment amenities including the Stop & Shop, Central Sq., Price-Rite, BayRidge Hospital and North Shore Community College.

77 Green is also located near Rtes. 1A, 107 and 129A. Multiple MBTA bus routes, including 436, 441, 442, 455 and 456, stop near the property, providing local access throughout the North Shore including to the nearby commuter rail stations.

Commuter rail service to Boston is available 0.5 miles from the property at the Central Sq. commuter rail station.

MORE FROM Front Section
Front Section

McEvoy of The Conrad Group brokers $2.9 million sale of industrial building

Hingham, MA The Conrad Group  has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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 doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.
It’s time to get creative with closed college campuses - by Christian Koulichkov

It’s time to get creative with closed college campuses - by Christian Koulichkov

Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in
5 Questions to ask when  choosing a real estate broker - by Elizabeth Perez Barlett

5 Questions to ask when choosing a real estate broker - by Elizabeth Perez Barlett

>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.