Comps for Southeastern, MA 1 st Quarter 2011 Prepared by Michael Giancola, SIOR
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1 Comps for Southeastern, MA 1 st Quarter 2011 Prepared by Michael Giancola, SIOR Industrial Date: 1/5/2011 Industrial Warehouse Commerce Park South, 64 Commerce Park South & Meetinghouse Road, South Chatham, MA 24/7 Property LLC Shirley Fennell 2.75 Acres 16,920 SF Price: $1,932,100 $ SF 6 Total Parcels Date: 1/11/2011 Commercial Warehouse 269R Main Street, Bourne, MA 269R Main Street RT & Donald Kinsman Joseph & Jerome Baird 34,848 SF 1,872 SF Price: $120,000 $64.10 SF Building suffered from deferred maintenance Date: 1/26/2011 Industrial Warehouse 20 Query Street, New Bedford, MA David & Donaria Dacosta Bayview Loan Servicing LLC 7,845 SF 2,160 SF Price: $100,000 $46.29 SF
2 Date: 1/27/2011 Industrial Warehouse 196 Manley Street, Brockton, MA Sherman Manley LLC Acuity Specialty Products Inc Acres 28,076 SF Price: $1,150,000 $40.96 SF Date: 3/9/2011 Commercial Warehouse 55 Washington Street, Norwell, MA 55 Washington Street Realty LLC & Daniel Russell Goldberg Financial & Jeremy Goldberg 36,849 SF 7,200 SF Price: $500,000 $69.44 SF Date: 3/7/2011 Manufacturing Building 41 Richards Avenue, North Attleboro, MA KMA Realty Trust & Kimberly Ashworth Briggs Realty Trust & Theresa Briggs 18,613 SF 9,542 SF Price: $455,000 $47.68 SF Date: 3/1/2011 Industrial Building 25 Constitution Drive, Taunton, MA MF Realty LLC Alliot Bradley 3.2 Acres 20,688 SF Price: $1,750,000 $84.59 SF Date: 2/18/2011 Manufacturing Building 15 Kendrick Road, Wareham, MA Chatham Village Partners & Leni Palazesi Omni & Irving Busny 3.65 Acres 36,895 SF Price: $2,650,000 $71.82 SF
3 Date: 2/2/2011 Industrial Warehouse 445 Winthrop Street, Taunton, MA Bruce Thomas & Jon-Paul Thomas Joseph & Paula Ruggiero 2 Acres 9,982 SF Price: $500,000 $50.09 SF Date: 3/11/2011 Commercial Warehouse 660 Jefferson Street, Fall River, MA William Baraby James Correia 41,818 SF 6,290 SF Price: $300,000 $47.69 SF Date: 3/31/2011 Industrial Warehouse 48 Upper County Road, Dennisport, MA Adele Tynan Richard Quattrucci 1.1 Acres 6,386 SF Price: $125,000 $19.57 SF Date: 3/28/2011 Industrial Warehouse 996 Jefferson Street, Fall River, MA Eduardo Cordeiro & Luis Gaspar John Diogenes 21,344 SF 2,400 SF Price: $200,000 $83.33 SF Date: 3/29/2011 Manufacturing Building 11 Cove Street, New Bedford, MA Outer Harbor LLC 69 Main Street LLC 2.71 Acres 200,672 SF Price: $1,200,000 $5.97 SF
4 Date: 3/29/2011 Manufacturing Building 21 Cove Street, New Bedford, MA Outer Harbor LLC Palmers Cove Mills LLC 2.68 Acres 156,028 SF Price: $1,000,000 $6.40 SF General Date: 1/7/2011 Retail Department Store 2110 Washington Street, Hanover, MA Robert Harrington for Ryan Amanda RT Peter Ruzzano 6,970 SF 3,025 SF Price: $410,239 $ SF Date: 1/6/2011 Auto Repair 2371 Cranberry Highway, Wareham, MA Nazih Elkallassi & Jay Imad Cranberry Highway RT & Jeffrey Roberts 1.1 Acres 5,232 SF Price: $295,000 $56.38 SF Date: 1/13/2011 Mixed Use-Residential & Commercial 153 Chestnut Street, Easton, MA REG RT & Robert Guarino Bridgewater Savings Bank 4.45 Acres 4,214 SF (2 Buildings) Price: $1,000,000 $ SF Tennis Center
5 Date: 1/13/2011 Gas Station 157 Pratt Street, Mansfield, MA Kanaan Realty Group Inc. Northborough Realty Holdings LLC 19,720 SF 1,296 SF Price: $610,000 $ SF Date: 1/13/2011 Retail Service 56 Davis Street, New Bedford, MA Belleville Realty Group LLC Dorothy Anselmo 8,574 SF 3,249 SF Price: $115,000 $35.39 SF Date: 1/14/2011 Mixed Use 127 Marion Road, Wareham, MA Wareham Plaza LLC & Karim Fadel Wareham Plaza Associates LLC & Eugene Goldstein Acres 24,112 SF Price: $8,800,000 $ SF Date: 1/11/2011 Retail/Office/Light Manufacturing Building 348 Main Street, Mashpee, MA Peter Smith Cape Cod Cooperative Bank 3.3 Acres 5,868 SF Price: $405,000 $69.01 SF Bought at Auction Date: 1/19/2011 Commercial/Restaurant/Parking Lot 1745 South Main Street & 679 Birch Street, Fall River, MA South End Properties LLC Elie & Julia Karam 24,393 SF 12,834 SF Price: $1,700,000 $ SF
6 Date: 1/20/2011 Retail Service 165 Rodman Street, Fall River, MA Bermel Business Props LLC Joseph & Maria Rebello 3,920 SF 2,508 SF Price: $425,000 $ SF Date: 1/21/ Dean Street, Taunton, MA Shawn & Darren Eaton 2 nd CJM RT & Craig Martin 42,689 SF 2,473 SF Price: $250,000 $ SF Date: 1/28/ Old Westport Road, Dartmouth, MA Borges Realty LLC Lucia Costa 1.22 Acres 2,660 SF Price: $393,000 $ SF Date: 2/10/ R Main Street, Kingston, MA JMA LLC William Hallisey Jr. Trustee for Jeb RT 9,147 SF 5,518 SF Price: $550,000 $99.67 SF Date: 2/18/2011 Auto Repair 312 Ludlow Street, Fall River, MA Ed s Construction Inc. Taunton River Realty LLC 8,276 SF 1,008 SF Price: $40,000 $39.68 SF
7 Date: 2/16/2011 Auto Repair 560 American Legion Highway, Westport, MA Timothy Barreira, Trustee for Driftway Farm Estate Trust Peter Flynn 3.9 Acres 2,400 SF Price: $375,000 $ SF Date: 2/14/2011 Retail-Department Store 1914 Ocean Street, Marshfield, MA Culater 611 Santa Cruz Sovereign Bank 3 Acres 13,328 SF Price: $2,754,000 $ SF Date: 2/24/2011 Retail Service 209 Main Street, Falmouth, MA Benjamin Coggins 3 rd William Coggins 2,033 SF 1,249 SF Price: $250,000 $ SF Date: 2/23/ Fall River Avenue, Seekonk, MA Richard Torres Norman Demello 20,038 SF 1,500 SF Price: $207,500 $ SF Date: 2/25/2011 Fuel Tanks 125 Winter Street, Taunton, MA Nella Brothers LLC W. H. Riley & Son Inc Acres 5,806 SF Price: $348,000 $59.93 SF
8 Date: 1/31/2011 Retail Service 1525 Riverside Avenue, Somerset, MA CT 1525 Riverside Realty Ernest Mizher 22,651 SF 4,816 SF Price: $375,000 $77.86 SF Date: 1/25/2011 Shopping Center/Mall 201 North Quincy Street, Abington, MA Victor Cimino Commonwealth of Ma & Frederick Hebshie Lot Size 4 Acres 5,066 SF Price: $650,000 $ SF Date: 2/28/2011 Mixed Use 547 Main Street, Hyannis, MA Hyannis JZ LLC FAF Enterprises LLC 3,485 SF 1,914 SF Price: $450,000 $ SF Date: 2/28/2011 Mixed Use 159 Ocean Street, Hyannis, MA David Colombo Hasco Associates LP 6,970 SF 1,792 SF Price: $575,000 $ Date: 3/4/2011 Retail Service 5 Main Street, Cotuit, MA RJB Management LLC Judith Fitzgerald 20,038 SF 2,298 SF Price: $450,000 $ SF
9 Date: 3/8/ Lewis Street, Hyannis, MA Twin Holdings LLC Stephen Raleigh & LBM Financial LLC 5,662 SF 1,264 SF Price: $145,000 $ SF Foreclosure Date: 3/10/2011 Auto Repair 928 Fall River Avenue, Seekonk, MA Darling Development Corporation Deborah Lapre & Bruce Saunders 26,136 SF 1,200 SF Price: $595,000 $ SF Date: 2/8/2011 Retail Department Store 1824 Main Street, Brockton, MA IB Property Holdings LLC Ryja Realty LLC 3.66 Acres 49,708 SF Price: $400,000 $8 SF Date: 2/18/2011 Shopping Center/Mall 722 Belmont Street, Brockton, MA Peter Mihos 826 Belmont Street & Christy Mihos 1 Acre 10,400 SF Price: $828,099 $79.62 SF Date: 2/18/2011 Shopping Center/Mall 732 Belmont Street, Brockton, MA Peter Mihos Mihos RT & Christy Mihos 2.91 Acres 32,264 SF Price: $1,088,743 $33.74 SF
10 Date: 2/18/ Belmont Street, Brockton, MA 1016 Belmont Realty LLC & Jonathan Stern 1020 Belmont Street RT & Roy Cramer 19,166 SF 4,989 SF Price: $965,744 $ SF Date: 1/28/2011 Trucking Terminal 5 Hicks Street, New Bedford, MA NE Marine Engineering Theresa Raposa 6,774 SF 2,576 SF Price: $106,250 $41.24 SF Date: 1/31/ Myrtle Street, New Bedford, MA Lifestream Inc. Burgess Realty Development Corporation 23,148 SF 6,724 SF Price: $567,110 $84.34 SF Date: 3/11/2011 Retail 385 North Street, Hyannis, MA MRK Enterprise LLC Christopher Kocaba 33,541 SF 5,433 SF Price: $425,000 $78.22 SF Date: 3/14/2011 Retail Service 100 Brackett Road, Eastham, MA Yippieiokayeh LLC Brackett Farms LLC 21,780 SF 3,088 SF Price: $465,000 $ SF
11 Date: 3/16/2011 Auto Sales 171 Worcester Court, Falmouth, MA Scott Clement A & B Brown RE LLC & Sterling Bank 1.36 Acres 10,440 SF + 5,000 SF Price: $970,000 $62.82 SF Sold at Foreclosure, Plus Back Taxes, Two Buildings Date: 3/14/2011 Gas/Service Station Address; 110 Route 137, Harwich, MA Props LLC Daniel Meservey 1.48 Acres 2,000 SF Price: $726,202 $ SF Date: 3/17/ Industrial Park Road, Plymouth, MA Foxrock Plymouth Realty LLC Michael Brown for Upland RT Acres 47,762 SF Price: $5,900,000 $ SF Date: 3/31/ Schoosett Street, Pembroke, MA Plympton SS Main Street LLC John Zarella 1.56 Acres 5,198 SF Price: $545,000 $ SF Date: 3/30/2011 Assisted Living Facility 25 Cobb Street, Mansfield, MA 25 Cobb Street Mansfield LLC Benchmark Gpt. Mansfield 20 Acres 85 Units Price: $21,557,550 $253,618 per Unit Contains a 4,752 SF Health Club
12 Date: 3/25/ Station Avenue, Yarmouth, MA Woods Realty Associates LLC TD Bank NA 2.4 Acres 14,810 SF Price: $1,375,000 $92.84 SF Date: 3/30/ Acushnet Avenue, New Bedford, MA NB Wellness LLC Lisa Amaral 3,615 SF 1,794 SF Price: $149,000 $83.05 SF Date: 3/23/2011 Mixed Use 587 Route 28, Harwich, MA James Trainor Shirley Fennell 32,670 SF 4,016 SF Price: $645,000 $ SF 2 Buildings Condos Date: 1/7/2011 Office Condo 175 Derby Street, Unit 7, Hingham, MA Evergreen Land Corporation John Riley for KMR Realty Trust 1,739 SF Price: $307,500 $ SF Date: 1/6/2011 Retail Condo 188 Brackett Road, Unit 188, Eastham, MA 188 Brackett Road LLC RHS RT & Russell Sandblom 1,260 SF Price: $90,000 $71.42 SF
13 Date: 1/6/2011 Office Condo 3 Main Street, Unit 17, Eastham, MA Jon Leconey & Rose Cindy Marks-Leconey Bruce & Ruth Zeller 466 SF Price: $33,000 $70.81 SF Date: 1/14/2011 Industrial Condo 95 Camelot Drive, Unit 1C, Plymouth, MA JR LLC & Russ Neary S & L LLC & Stuart Johnson 997 SF Price: $280,000 $ SF Date: 1/24/2011 Office Condo 100 Armstrong Road, Units 202, 203, 204, 205 & 206, Plymouth, MA Armstrong Office Suites Henry A. Stout for Atlantic Middleborough Trust Building size: 5,656 SF (Combined) Price: $850,000 $ SF Date: 1/20/2011 Office Condo 78 Faunce Corner Road, Dartmouth, MA Faunce 5 Forty LLC Girard Gardens Inc 540 SF Price: $64,000 $ SF Date: 1/27/2011 Office Condo 449 Route 130, Unit 1, Sandwich, MA August Pereira Jr Valarie Brown 1,115 SF Price: $125,000 $ SF
14 Date: 1/25/2011 Industrial Condo 100 Weymouth Street, Unit H-2, Rockland, MA PSKO LLC Rockland Trust Company 2,775 SF Price: $210,000 $75.67 SF Date: 2/10/2011 Industrial Condo 78 Industrial Drive, Unit 1, Mashpee, MA Al & Isabel Morra Cape Cod Bible Fellowship 1,184 SF Price: $100,000 $84.45 SF Date: 2/18/2011 Industrial Condo 14 Bristol Drive, Unit C, Easton, MA Dangerous Productions Inc. Bristol Easton LLC 6,769 SF Price: $225,000 $33.24 SF Date: 2/4/2011 Industrial Condo 1112 Main Street, Unit 10, Osterville, MA Adam & Karen Macado Daniel Wright 1,200 SF Price: $150,000 $125 SF Date: 1/21/2011 Retail Condo 4 Merchants Road, Unit 9, Sandwich, MA Micon LLC Donald Ellis 2,400 SF Price: $85,000 $35.41 SF
15 Date: 3/3/2011 Office Condo 3 Main Street, Unit 12, Eastham, MA Glow Yoga LLC Cassandra Kloumann 820 SF Price: $53,000 $64.63 SF Date: 3/8/2011 Industrial Condo 14 Roberts Road, Plymouth, MA Sienna Realty Trust & George Canavan Richard & Jeri Ellis 1,190 SF Price: $130,000 $ SF Date: 2/1/2011 Office Condo 475 School Street, Unit 7, Marshfield, MA Kelrhon RT & Michael Damon Robert & Karen Wood 1,776 SF Price: $210,000 $ SF Date: 2/11/2011 Retail Condo 2 Court Street, Unit A, Plymouth, MA Karen Fontana & Geoffrey Yalenezian 2-10 Court Street LLC & Kevin Craffrey 1,553 SF Price: $250,000 $ SF Date: 3/25/2011 Industrial Condo 154 Commerce Park East, Unit 7A, Chatham, MA Jonathan Wordell Graig Broden 699 SF Price: $48,000 $68.67 SF
16 Date: 3/25/2011 Industrial Condo 154 Commerce Park East, Unit 7A, Chatham, MA Waldo & Ann Brown Jonathan Wordell 699 SF Price: $60,000 $85.83 SF Date: 3/4/2011 Office Condo 388 County Street, Unit 3, New Bedford, MA Paul Dixon William Rodman 3,236 SF Price: $427,500 $ SF Apartments Date: 1/20/2011 Apartment Building 2 Evergreen Street, Kingston, MA Maples LLC & Richard Stefani Robert & Sheryalyn Bechthold 10,286 SF 5,224 SF Price: $550,000 $91,666 per Unit 6 Units Date: 1/21/2011 Apartment Building 12 Walnut Street, Taunton, MA Michael Messina Scott Hazel 22,651 SF 6,834 SF Price: $685,000 $68,500 per Unit 10 Units Date: 2/4/2011 Apartment Building 22 State Street, Taunton, MA Richard Donato Edward Field 41,382 SF 6,860 SF Price: $465,000 $58,125 per Unit 8 Units
17 Land Date: 1/5/2011 Industrial Land Commerce park South & Meetinghouse Road, South Chatham, MA James Sears 24/7 Property LLC 37,909 SF Price: $430,202 $11.34 SF 2 Parcels Date: 1/11/2011 Industrial Land 77 Spring Street, Plympton, MA Walter Zaverucha Walter Zaverucha & Wayne Spiegel 1.99 Acres Price: $160,000 $80,402 per Acre Not Arms Length Date: 2/16/2011 Commercial Land Schooner Lane, Mashpee, MA J Bruce Macgregor, Trustee for Sunrise NT Main Street LLC & TD Bank NA 2.33 Acres Price: $135,000 $57, per Acre Bought at Foreclosure Date: 2/25/2011 Industrial Undevelopable Land Roberts Road, Plymouth, MA Eben Howland Robert Burpee 10,890 SF Price: $50,000 $4.59 SF Date: 2/25/2011 Commercial Land 100 Seaview Street, Chatham, MA William L. Buggie Chatham Sea View LLC 20,074 SF Price: $900,000 $44.83 SF Also Known as 1 Fairway Drive, Chatham, MA
18 Date: 3/3/2011 Commercial Land 2 Katie Marie Drive, Bourne, MA Twin Holdings LLC 2 Katie Marie Drive LLC 40,218 SF Price: $361,461 $8.98 SF Date: 3/24/2011 Commercial Land 7 Bourne Bridge Approach, Bourne, MA Robert & Judith Tubbs Virginia Adair 1.03 Acres Price: $175,000 $168,756 per Acre Had Restaurant Building on Old Property
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