Hughes of New Dover Associates brokers $2.65m sale of 956 Tpke. St.
Scott Hughes, president of New Dover Associates, Inc. brokered the sale of 956 Turnpike St., on behalf of the buyer, Briamanda Canton, LLC and Apogee Realty of Canton, LLC, for the purchase price of $2.65 million.
John Naughton, president of The Naughton Co., represented the seller, Newport Realty, LLC in the transaction.
956 Turnpike St. is an eight year old multi-tenanted 26,600 s/f office/showroom/warehouse building. The building was fully leased to three tenants at the time of the sale.
New Dover Associates is now the exclusive leasing agent for 956 Turnpike St.
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