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Albermarle Gardens in Newton Sells for $29.55MM

R.W. Holmes Negotiates the Sale of Albermarle Gardens in Newton, MA, for .55 Million

Garry Holmes, President of R.W. Holmes, represented the seller, Albemarle Realty Corp, in the transaction and procured the buyer, Albemarle Partners, LLC, which is an entity controlled by Rhino Capital Advisors.

Albemarle Gardens offers one- and two-bedroom apartments conveniently located minutes from the Mass Pike, Route 128, and public transportation.

According to Mr. Holmes, there was a lot of cooperation between the buyer and seller to complete this transaction. Working with Michael Olson and his team at Rhino Capital was a pleasure.

Noteworthy Transactions

Albemarle Gardens, a 112-unit multifamily community in Newton, MA, sold for $29,550,000

Mattress Firm expands in Massachusetts with a 142,000 SF lease in Franklin

Boston Dynamics and SnapDragon Chemistry take 75,000 SF of lab/R&D space in Waltham Research Park 214,356 square feet making Waltham Research Park 100% leased

R.W. Holmes represents MathWorks in the $16.7M, 107,000 SF acquisition of Cochituate Place, Natick

R.W. Holmes takes 55% leased 130,000 SF Class A Office building to 95% leased at 55 Old Bedford Rd in Lincoln for owner Real Capital Solutions, Denver

R.W. Holmes fully leases a 67,000-square-foot new spec industrial building at 50 Ryan Drive, Raynham, before completion

R.W. Holmes represents The MathWorks in Los Angeles, Maryland, and Michigan expansions

Sold 2 & 3 Apple Hill, Natick for Met Life $50,000,000

R.W. Holmes Realty represents Coca-Cola in securing a new 90,000 SF building in Westborough

Sold 403 acres of land for Alstores Realty Corporation to Paramount Development (subsidiary Perini Corp.) which was developed as the Raynham Woods Commerce Center