News + Press

Novaya Real Estate Ventures Acquires Warehouse Building In Hudson, New Hampshire for $9.5 Million 504 283 Novaya Ventures

Novaya Real Estate Ventures Acquires Warehouse Building In Hudson, New Hampshire for $9.5 Million

Boston, MA – January 2018 – Novaya Real Estate Ventures recently purchased 36 Executive Drive, a 215,000 square foot warehouse building in Hudson, New Hampshire for $9,500,000.  This Class A, high-bay warehouse is located in Sagamore Industrial Park on Route 3 and is only three miles from Massachusetts. In addition, the property will be available…

Cresset Development and Novaya Real Estate Ventures Acquire The Office Building Located at 5 Middlesex Avenue in Somerville, Massachusetts 800 600 Novaya Ventures

Cresset Development and Novaya Real Estate Ventures Acquire The Office Building Located at 5 Middlesex Avenue in Somerville, Massachusetts

Boston, MA – January 10, 2018 – Cresset Development and Novaya Real Estate Ventures completed the purchase of the office building located at 5 Middlesex Avenue in Assembly Square, Somerville, Massachusetts for $35,000,000.  The 162,804 square foot office building is located within the Assembly Square Mixed Used District and has direct MBTA access to the…

HFF Secures $9.5M in Acquisition Financing for Three Philadelphia-Area Industrial Facilities 460 345 Novaya Ventures

HFF Secures $9.5M in Acquisition Financing for Three Philadelphia-Area Industrial Facilities

Mount Laurel, NJ — HFF has arranged $9.5 million in combined acquisition financing for three industrial facility totaling 254,496 square feet in Mount Laurel, a suburb 20 miles east of Philadelphia. The borrower is Foxfield Industrial, a joint venture between Novaya Real Estate Ventures and Foxfield Ventures. Mike Pagniucci and Ryan Ade of HFF arranged the…

Transwestern Consulting Group Brokers Building Sale on Behalf of Novaya Real Estate Ventures 558 285 Novaya Ventures

Transwestern Consulting Group Brokers Building Sale on Behalf of Novaya Real Estate Ventures

Franklin, MA – Transwestern Consulting Group (TCG) brokered the $6.4 million sale of 130 Constitution Blvd. in Franklin, Ma, on behalf of Novaya Real Estate Ventures. The 59,970-square-foot industrial building was purchased by Albert Milstein, Barry Kirschenbaum and Sanford Bokor. TCG Partners John Lashar and Chris Skeffington, along with Vice President Roy Sandeman, represented the…

Urban Meritage Adds to Newbury Street Portfolio 800 450 Novaya Ventures

Urban Meritage Adds to Newbury Street Portfolio

Boston, MA – Urban Meritage has acquired a 7-story Newbury Street office and retail building for $26 million, bringing its portfolio of holdings in the Back Bay shopping mecca up to 15 buildings. Coffee bar Nespresso anchors the ground-floor retail space. The building’s 11,200 square feet of office space is fully leased, said Mike Jammen,…

Novaya Real Estate Ventures Secures Full Warehouse Building Lease in Franklin, MA 1440 900 Novaya Ventures

Novaya Real Estate Ventures Secures Full Warehouse Building Lease in Franklin, MA

Franklin, MA – Novaya Real Estate Ventures recently signed a lease with leading defense contractor, Foster-Miller, Inc. (d/b/a QinetiQ North America) for 100% of the space at 130 Constitution Blvd. in Franklin, MA. The 59,970 square feet industrial building was acquired in 2013 and underwent a significant capital improvement program including upgrades to the exterior…

Novaya Partners with Hawk Properties in a $13.25M recapitalization of two office/flex buildings 800 533 Novaya Ventures

Novaya Partners with Hawk Properties in a $13.25M recapitalization of two office/flex buildings

Lowell, MA – Novaya in a joint venture with Hawk Properties entered into a recapitalization of 10 Technology Drive and 55 Technology Drive located in Lowell, MA. The two assets were initially acquired back in 2012 and total 146,696 square of office/R&D space. The portfolio is currently 84% occupied by a strong roster of tenants,…

Normandy Real Estate Partners Sells 300 Baker Avenue to Novaya Real Estate Ventures 800 552 Novaya Ventures

Normandy Real Estate Partners Sells 300 Baker Avenue to Novaya Real Estate Ventures

Concord, MA – NGKF Capital Markets has successfully completed the sale of 300 Baker Avenue in Concord, Massachusetts to Novaya Real Estate Ventures for $63.5 million. The NGKF Capital Markets Boston team led by U.S. Head of Capital Markets Robert Griffin, Vice Chairman Edward Maher, Executive Managing Director Matthew Pullen and Associate Director Samantha Hallowell oversaw…

Wheelock Street Capital and Novaya Real Estate Ventures Close On The Sale of 195 Scott Swamp Road in Farmington, CT 800 533 Novaya Ventures

Wheelock Street Capital and Novaya Real Estate Ventures Close On The Sale of 195 Scott Swamp Road in Farmington, CT

Farmington, CT – December 2016 – Wheelock and Novaya have sold 195 Scott Swamp Road in Farmington, CT to MJF Properties. The 65% occupied, 69,525 square foot office building represents the eighth asset sold by Wheelock/Novaya out of a 14-asset portfolio acquired earlier this year. Both sides were advised by Scott Jamieson and Andrew Filler…