EagleTribune.com, North Andover, MA

June 22, 2014

Real Estate Briefs

The Eagle-Tribune

---- —

BOSTON — CBRE/New England announces the sale of 95 Border St., a 23,000 square foot industrial building located on 1.32 acres in East Boston. Sisson Realty Trust sold the property to Neighborhood of Affordable Housing (NOAH) for $1.6 million. CBRE/New England’s Mark Reardon, executive vice president/partner, David Corkery, first vice president, and Jake Borden, vice president, represented the seller. Ninety-five Border St. was previously an industrial site on the East Boston waterfront. The building was used as an office/industrial facility to assemble and manufacture iron products. The existing building consists of approximately ±23,000 square feet of space and the site has waterfront views. NOAH plans to redevelop the site into Coppersmith Village, a new transit-oriented residential community accommodating the diverse range of neighborhood needs in East Boston. The project will take three years to finance and build.