News + Press

Novaya Real Estate Ventures Acquires Wilmington Warehouse For $24.5M 800 451 Novaya Ventures

Novaya Real Estate Ventures Acquires Wilmington Warehouse For $24.5M

Novaya Real Estate Ventures LLC recently purchased a three-building warehouse in Wilmington for $24.5 million. The 293,980-square-foot warehouse at 326 Ballardvale St. is leased to National Grid and Symbotic (a subsidiary of C&S Wholesalers). The property is located off of I-93. “We strongly believe in the real estate fundamentals of the Boston industrial market. These…

NOVAYA REAL ESTATE VENTURES ANNOUNCES THE ACQUISITION OF 326 BALLARDVALE STREET IN WILMINGTON, MASSACHUSETTS 800 451 Novaya Ventures

NOVAYA REAL ESTATE VENTURES ANNOUNCES THE ACQUISITION OF 326 BALLARDVALE STREET IN WILMINGTON, MASSACHUSETTS

WILMINGTON, MA – July 24, 2015 – Novaya Real Estate Ventures, LLC recently purchased 326 Ballardvale Street in Wilmington, MA for $24.5 million. The 293,980 square foot, three-building Class A warehouse portfolio is 100% leased to premier tenants including National Grid and Symbotic (a subsidiary of C&S Wholesalers). The property, located a mile off Interstate…

Novaya Real Estate Ventures Sells 21 Manchester Street in Merrimack, New Hampshire For $3.85 Million 800 448 Novaya Ventures

Novaya Real Estate Ventures Sells 21 Manchester Street in Merrimack, New Hampshire For $3.85 Million

JULY 2015 – MERRIMACK, NH – Novaya Real Estate Ventures, a Boston-­‐based real estate investment firm, in joint venture with Bradstreet & Chandler, LLC has sold 21 Manchester Street located in Merrimack, New Hampshire for $3.85 million. The asset, which was initially acquired in December 2013 as part of a three-­‐building portfolio, known as Heron…

Acquisition Clears Way For 130-Unit Residential Project In Hanover 803 515 Novaya Ventures

Acquisition Clears Way For 130-Unit Residential Project In Hanover

Five Mark Properties of Middleton and Boston-based Novaya Real Estate Ventures have acquired a multifamily development site in Hanover for $4.35 million. The 60-acre property, previously known as Hanover Villages, has been renamed Sconset Landing. An eight-phase project consisting of 130 townhouse and condominium units is planned. The project off Route 53, which will include…

Novaya Real Estate Ventures Acquires 57 Littlefield Street in Avon, Massachusetts 800 533 Novaya Ventures

Novaya Real Estate Ventures Acquires 57 Littlefield Street in Avon, Massachusetts

AVON, MA – Novaya Real Estate Ventures increased their portfolio over twenty percent with the acquisition of 57 Littlefield Street in Avon, Massachusetts for $14.4 million on April 23, 2015. The 407,466 square foot warehouse building is currently 89% leased to an accredited roster of tenants including William Walsh, Inc. and Uni-Select, Inc. The property…

Novaya Real Estate Ventures Kicks Off 2015 with the Execution Of New Leases Totaling Over 90,000 SF 800 533 Novaya Ventures

Novaya Real Estate Ventures Kicks Off 2015 with the Execution Of New Leases Totaling Over 90,000 SF

March 2014, BOSTON, MA – Headquartered in Boston, Novaya Real Estate Ventures recently secured three leases for over 90,000 square feet of office space at 10 and 55 Technology Drive in Lowell, Massachusetts. The two lab/office buildings are conveniently located at the intersection of Route 3 and Interstate 495 and were purchased together in January…

UMNV Urban CRE Platform Nears $150M 802 564 Novaya Ventures

UMNV Urban CRE Platform Nears $150M

BOSTON — Urban Meritage, Novaya Ventures has begun 2015 much the same way they ended 2014—growing by leaps and bounds, most recently via the $54.2 million purchase of 126 Newbury St., a six-story, 50,000-sf office/retail building on the third block of the globally known shopping thoroughfare. The deal first relayed at therealreporter.com on Thursday is…

In Largest UMNV Deal to Date at $54.2M, 50,000 SF ‘Gem’ Puts Hub Buying Spree Near $150M 768 437 Novaya Ventures

In Largest UMNV Deal to Date at $54.2M, 50,000 SF ‘Gem’ Puts Hub Buying Spree Near $150M

BOSTON—Bringing its CRE holdings secured here to 11 properties in just 21 months, the partnership of Urban Meritage and Novaya Ventures (UMNV) has taken a giant step forth in purchasing the hulking six-story 126 Newbury St. from its longtime New York owner in an eye-popping $54.2 million deal consummated earlier today. Rudin Management’s trade brings…

Novaya, Urban Meritage Go on $60M Spree 838 586 Novaya Ventures

Novaya, Urban Meritage Go on $60M Spree

BOSTON — Considering vast experience on globally known Newbury Street—and last week’s purchase of two more buildings there for $21 million— some might be surprised to see Novaya Ventures and Urban Meritage shifting a shared investment platform several blocks west to Kenmore Square, but market watchers insist the $38.5 million acquisition of a 30,000-sf retail…