Green of The Begley Cos. brokers sale of 20,000 s/f prop for Jack Smillie, Inc. - $2m
After 80 years in the candy business, Jack Smillie, Inc. closed its doors and sold their property at 15 Linscott Rd. The buyer, A & G Centerless Grinding, expanded its Woburn based metal manufacturing shop. The property is a 20,000 s/f modern block building situated on 1.70 acres of land. The property sold for $2 million.
Courtney Green, vice president of The Begley Companies represented both the buyer and the seller in the transaction.
"We are very happy. It was a very smooth transaction all around," said Guy Agri, owner of A & G Centerless.
In addition Green represented Connolly Printing in the leasing of 12,000 s/f of industrial space located at 17 Gill St.
John Bacini of the Thomas Group representd the owner, Two Holdings Properties, LLC.
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 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!
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 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