News: Front Section

Nery of Coastal Business Brokers sells Castechnologies, Inc. and 40 Townsend Rd.

Attleboro, MA Coastal Business Brokers has completed the sale of Castechnologies, Inc. and the real estate located at 40 Townsend Rd.

The 4,690 s/f facility is situated on the corner of Townsend Rd. and Franklin R McKay Rd., neighboring many industrial businesses such as Precision Engineered Products, Boston Fabrication, and E.A Dion Incorporated.

The company sold the business and real estate to David Goncalves, president of DGG Industries Inc.
All employees and functions of the business will remain in place as new ownership takes over.

Kevin Nery, CBB, LCBI, M&AMI, president of Coastal Business Brokers/Coastal Commercial
Real Estate represented the seller.

The transaction closed on July 11th, and the terms were undisclosed.

Founded in 1987, Castechnologies has been the leader in providing an economical source for precision machined, zinc aluminum castings utilizing the Graphite Permanent Mold Process.

The company has a full complement of machinery and equipment, and combined with an experienced technical staff, has served a long-established customer base for years.

The company offers a unique niche process producing to high tolerance specifications and is known for its outstanding quality based on ISO 9002. The experienced team begins from product concept, to design, to qualification, to production and finished product.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
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