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Ciminelli Real Estate and Gordon Brothers acquire 151,564 s/f property in Billerica, MA for $18.2 million
Ciminelli Real Estate Corp., in a joint venture with Boston-based Gordon Brothers, has acquired a 151,564 s/f research and development building for $18.2 million. Located at 880 Technology Park Dr., the property brings Ciminelli’s Boston area portfolio to 10...
Gordon Brothers and Ciminelli Real Estate acquire 93,500 s/f building for $19.8 million
The property is located at 3 Riverside Dr., adjacent to 6 Riverside Dr., a 78,000 s/f office building the joint venture acquired from the same owner in November 2021. This acquisition expands Gordon Brothers’ research and development portfolio in the I-93 North market...
Ciminelli sells Muir Woods parcel to student housing developer for $8.5M
Ciminelli Real Estate Corp. completed its sale of the land within Muir Woods to Aspen Heights Partners of Austin, Texas, for $8.5 million. That will enable the student-housing developer to move forward with its $83.3 million project, a residential complex of cottage...
Ciminelli seeks expansion out of town for faster growth
In the last few years, Ciminelli has made six acquisitions in Massachusetts – including four in the last 12 months. It’s purchased buildings in Northborough, Marlborough, Foxborough and Andover. Most recently, the firm teamed up with restructuring and investment...
Ciminelli Real Estate adds to Massachusetts real estate portfolio
Ciminelli Real Estate Corp. has added another property to its Massachusetts portfolio. Buffalo-based Ciminelli acquired an office complex at 181 and 187 Ballardvale St. in Wilmington, Mass., outside of Boston, in a joint venture with Gordon Brothers, a Boston-based...
Ciminelli Real Estate acquires Andover building, its 5th acquisition in Massachusetts
The sale price was $12,400,000 for the 78,000 square-foot office building and 8.6-acre site. Ciminelli Real Estate Corporation executives Christopher Neelon, Managing Director – Massachusetts Investments, Boston, MA, and Ryan Zebro, Vice President of Investments,...
From surface parking to affordable apartments: 201 Ellicott is complete
Six years after the city set its sights on redeveloping a vacant parking lot on Ellicott Street in downtown Buffalo – and two years after Ciminelli Real Estate Corp. began its $76 million project on the site – a seven-story building with 201 affordable apartments is...
Newmark Ciminelli brokers $30.5M Royal Oak Realty Trust acquisition of 278,294 s/f portfolio
Newmark Ciminelli’s brokerage services team completed a sale transaction involving the acquisition of J.W.D. Group’s (JW Danforth) six-building portfolio by Rochester-based Royal Oak Realty Trust. The portfolio, totaling 278,294 s/f, consists of manufacturing,...