Given the age of many buildings in and around Boston, capital improvements are key to competing in the market and maintaining property value. As you explore different renovation plans, what should you focus on? Here are a few building renovations that transform commercial real estate properties in ways that improve the bottom line of real […]
1 – Location As the saying goes, real estate is about “location, location, location.” Location remains one of the most important factors for investing in commercial real estate in Greater Boston. It includes many variables, such as: Vicinity to Other Businesses/Services Access to Public Transportation Parking Availability Neighborhood Amenities Scenic Views Market Activity & Values […]
Environmental liability is a growing concern in the commercial real estate industry. Being an educated investor involves understanding potential issues and taking precautionary steps whenever possible. Although this topic is far more comprehensive than we could ever cover in a single article, below are a few environmental liability precautions for Boston commercial real estate investments. […]
ABG’s Bernard Gibbons Represents Seller, Procures Buyer in Development Deal Somerville, MA, November 19, 2018 – DLJ Real Estate Capital Partners, in a joint venture with Leggat McCall Properties (LMP), has acquired a 3.4 acre office/industrial site from construction management firm J.J. Vaccaro for the sum of $13.5 million. The deal for the […]
Boston Real Estate Times The Real Reporter Watertown, MA April 16, 2019: Bernard Gibbons of Associated Brokerage Group represented Empire Management in the $7 million sale of the property located at 66 Galen Street in Watertown to Boston Development Group. Strategically located in Watertown Square the site is uniquely positioned between the Watertown Arsenal […]
Massachusetts environmental site assessments are an important precaution to minimize potential liability for commercial real estate investors and lenders. In fact, it is one of several necessary steps to avoid certain legal liabilities. This brief overview will help you understand what is included in site assessments and necessary qualifications for assessors. Phase I Environmental Site […]
As the first quarter of 2019 winds down, it is a good time to evaluate Boston CRE market trends. What has developed so far and what can we expect for the remainder of this year? Here are a few things that we have noticed in the Greater Boston area. Online versus Brick & Mortar Retailers […]
Commercial real estate values and demand are often tied to a city’s infrastructure. As an investor in Massachusetts, staying up-to-date on both short and long-term transportation projects impacting commercial real estate in MA can help greatly with investment decisions. Here’s a look at several capital improvement projects that will positively affect commercial real estate in […]
[et_pb_section admin_label=”section”] [et_pb_row admin_label=”row”] [et_pb_column type=”4_4″][et_pb_text admin_label=”Text”] Bernard Gibbons and Justin Pepple of ABG Commercial Realty brokered the sale of 561 Windsor Street in Somerville for $20,000,000. The property was purchased by RPI 561 Windsor, LLC (Riverside Properties) from Millers River Realty Trust. 561 Windsor Street consists of 83,224 square feet of commercial space on […]
Sold $13,500,000 TO DJL REAL ESTATE CAPITAL PARTNERS 111-153 South Street Somerville, MA Bernard Gibbons of ABG Commercial Realty brokered the sale of 111-153 South Street in Somerville for $13.5 million. The property was purchased by DLJ Real Estate Capital Partners from JJ Vacaro, Inc. 111-153 South Street is a 3.44-acre development site […]
