News + Press

NOVAYA FOXFIELD INDUSTRIAL COMPLETES SALE OF SEVEN-ASSET NEW JERSEY PORTFOLIO 572 574 Novaya Ventures

NOVAYA FOXFIELD INDUSTRIAL COMPLETES SALE OF SEVEN-ASSET NEW JERSEY PORTFOLIO

April 10, 2020– Novaya Foxfield Industrial, in conjunction with Drake Real Estate Partners, completed the sale of seven industrial assets. The portfolio consisted of 553,579 SF located in Mount Laurel, Delran and Swedesboro, NJ and was approximately 90% leased at the time of sale.  The partnership continues to own three Class A assets located at 301…

Novaya Sells Concord Office Building For $75M 651 441 Novaya Ventures

Novaya Sells Concord Office Building For $75M

Taurus Investment Holdings paid $74.5M for a 410K SF office building in Concord. Boston-based Taurus bought the property at 300 Baker Ave. from Novaya Real Estate Ventures. The property is 92.3% occupied by 13 tenants, including Emerson Hospital, Welch’s Foods Inc. and Lexia Learning. Novaya bought the building from Normandy Real Estate Partners in 2017 for $63.5M. “We are…

NOVAYA & LEGACY REAL ESTATE VENTURES COMPLETE THE SALE OF 55 TECHNOLOGY DRIVE 482 313 Novaya Ventures

NOVAYA & LEGACY REAL ESTATE VENTURES COMPLETE THE SALE OF 55 TECHNOLOGY DRIVE

A joint venture between Novaya Real Estate Ventures, LLC and Hawk Properties has completed the sale of 55 Technology Drive in Lowell, Massachusetts to Legacy Real Estate Ventures.  The property consists of an 89,004 square foot, two story office and flex building.   The property is 100% leased to Lowell General Hospital, Borrego Solar, the Commonwealth of Massachusetts,…

Novaya Picks Up Westford R&D Space Leased to Nokia 745 463 Novaya Ventures

Novaya Picks Up Westford R&D Space Leased to Nokia

CBRE arranged the sale of 1 Robbins Rd., a 298,237-square-foot lab and R&D facility in Westford, MA. The property traded for $31,500,000 to Novaya Real Estate Ventures. A Boston-based CBRE Capital Markets team of Scott Dragos, Doug Jacoby, Chris Skeffington, Roy Sandeman, Anthony Hayes, Timothy Mulhall and Daniel Hines represented the seller and procured the buyer. Additionally, CBRE’s Debt & Equity team secured…

NKF Orchestrates $26 Million Sale of 6 Technology Drive in Andover, MA 642 472 Novaya Ventures

NKF Orchestrates $26 Million Sale of 6 Technology Drive in Andover, MA

Novaya Real Estate Ventures and Wheelock Street Capital Sell Flex/Manufacturing Building Boston, MA (January XX, 2020) — Newmark Knight Frank (NKF) announced today the successful completion of the$26 million sale of 6 Technology Drive in Andover, Massachusetts on behalf of Novaya Real Estate Ventures and Wheelock Street Capital. Vice Chairman Edward Maher, Executive Managing Directors Matthew Pullen…

NASUNI EXPANDS PRESENCE IN MARLBOROUGH, MA BY 10,000 SF 719 476 Novaya Ventures

NASUNI EXPANDS PRESENCE IN MARLBOROUGH, MA BY 10,000 SF

Novaya Real Estate Ventures is pleased to announce the expansion of Nasuni at 313 Boston Post Road.  Nasuni originally occupied 6,000 RSF and quickly expanded by 10,000 RSF for a total of 16,000 RSF. The lease represents Nasuni’s continued commitment and growth in its Marlborough location.  Nasuni, headquartered in Boston, is a leading provider of cloud storage…

NOVAYA FOXFIELD INDUSTRIAL COMPLETES CONSTRUCTION ON 122,000 SF CLASS-A INDUSTRIAL/DISTRIBUTION BUILDING 737 411 Novaya Ventures

NOVAYA FOXFIELD INDUSTRIAL COMPLETES CONSTRUCTION ON 122,000 SF CLASS-A INDUSTRIAL/DISTRIBUTION BUILDING

Novaya Foxfield Industrial LLC (Foxfield), the Mid-Atlantic arm of Novaya Real Estate Ventures completed construction and received the certificate of occupancy for a 122,000 SF Class-A industrial building at 301 Grove Road in West Deptford, NJ.  The building features a 32’ clear height, build to suite office area, 48’ x 52’ column spacing, 63’ speed…

Novaya Real Estate Secures 60K-SF Flex Lease in Metro Boston 748 467 Novaya Ventures

Novaya Real Estate Secures 60K-SF Flex Lease in Metro Boston

Novaya Real Estate Ventures has renewed a 60,000-square-foot lease with robotics company Symbotic in Wilmington. Located at 200 Research Dr., the property is part of a four-building, flex portfolio consisting of 700,000 square feet that Novaya acquired this past summer. Symbotic is a developer of robotics and software that delivers advanced automation solutions to increase…

Marcus Partners Purchases Four Greater Boston Industrial Properties 767 570 Novaya Ventures

Marcus Partners Purchases Four Greater Boston Industrial Properties

CBRE announced the sale of a four-building portfolio including 326 Ballardvale Street in Wilmington, 1 First Avenue in Peabody, 57 Littlefield Street in Avon and 176 Grove Street in Franklin, Massachusetts. CBRE’s Boston Capital Markets team represented the seller, a joint venture between Investcorp and Novaya Real Estate Ventures, and procured the buyer, Marcus Partners. CBRE’s Boston Capital…