• North colony asset management logo

Totals

Total Square Footage 451,243
Total Dollar Volume $5,000,000.00

General

Established 2016
Website North Colony Asset Management
Phone Number 617-933-8097

We provide opportunities to invest in real assets throughout New England with a focus on the greater Boston market. We believe it’s important to view all assets as an investor. Therefore, we always invest alongside the funds we put to work.

North Colony has a long term focus when analyzing the markets. We target markets in which we have extensive local knowledge, we normally invest in commercial assets with stable cash flow and upside potential. We look to provide good risk adjusted returns by acquiring well located assets with sound fundamentals at a discount to replacement costs.

Updates

105 Everett Ave
- Dec 11, 2019

Everett Ave Building Trades for $1.5 Million The property at 105 Everett Ave in Chelsea, MA has been acquired by North Colony Asset Management for $1.5 million. The property features an 8,128 square foot 2 story brick building that was constructed in 1900. The building is home to Chelsea Station Restaurant Bar & Lounge as well as Healthy Chelsea. Sittong on a .38-acre parcel the property is adjacent to the Mystic Mall, Bunker Hill Community College Chelsea Campus, and a short distance from Route 1.


90 Everett Ave
- Dec 11, 2019

Chelsea Office Property Sold for $13.5 Million North Colony Asset Management has acquired the property at 90 Everett Ave in Chelsea, MA for $13.5 million. 90 Everett Avenue is an 50,264 square foot Class B office building located in the heart of Boston's inner suburban marketplace at Harbour Pointe Park. With many amenities, a terrific location and outstanding visibility from Route 1.


70 Everett Ave
- Dec 11, 2019

70 Everett Ave Acquired for $28.8 Million The property at 70 Everett Ave in Chelsea, MA has been acquired by North Colony Asset Management for $28.8 million. 70 Everett Avenue is an 88,280 square foot Class A office building located in the heart of Boston's inner suburban marketplace at Harbour Pointe Park. With many amenities, a terrific location and outstanding visibility from Route 1, Harbour Pointe Park is a superb office environment with 70 Everett Avenue as its highlight. This is a thoroughly modern facility, combining superior value with a first-class image.


101 Second Street
- Dec 11, 2019

Chelsea Building Trades for $4 Million The property at 101 Second Street in Chelsea has been acquired by North Colony Asset Management for $4 million. The property features a 15,300 square foot brick building that was constructed in 1900. The industrial building sits on a .72-acre parcel adjacent to the Mystic Mall, Bunker Hill Community College Chelsea Campus, and a short distance from Route 1. The building is home to Chelsea Clock, America’s oldest continuously operating clock manufacturer. The company, which has produced timepieces for customers such as Woodrow Wilson, Bob Hope, and the United States military, moved their operations to the current location from the deteriorating Chelsea Clock Building in spring 2015.


97 Second Street
- Dec 11, 2019

97 Second Street Trades for $3 Million The property at 97 Second Street in Chelsea, MA has been acquired by North Colony Asset Management for $3 million. The property features a 4 story 14,440 square foot warehouse building that was built in 1914. The building sits on a .16-acre parcel, the property sits adjacent to the Mystic Mall, Bunker Hill Community College Chelsea Campus, and a short distance from Route 1.


45 Spruce Street
- Dec 11, 2019

Chelsea Building Acquired for $6 Million The property at 45 Spruce Street in Chelsea, MA has been acquired by North Colony Asset Management for $6 million. The proeprty features a two story 26,762 square foot office building that is home to the MassHealth Enrollment Center. Sitting on a 1.43-acre parcel the property is adjacent to the Mystic Mall, Bunker Hill Community College Chelsea Campus, and a short distance from Route 1.


625 Mount Auburn Street
- Oct 14, 2019

Cambridge Office Building Acquired for $57.5 Million Paradigm Properties and North Colony Asset Management have acquired the property at 625 Mount Auburn Street in Cambridge, MA for $57.5 million from The Davis Companies. The property features a 137,421-square-foot office property located a short distance from the Alewife transit station. Tenants at 625 Mount Auburn Street include anchor tenant Charles River Analytics, whose headquarters occupies 83,177 square feet of the building, Medullan and Mount Auburn Hospital.


Heritage Point
- Oct 11, 2017

Heritage Point waterfront office building in Quincy sold for $28.35 million Campanelli and Trigate Capital have sold the 160,912-square-foot Heritage Point office building in Quincy overlooking the Neponset River to Grander Capital Partners and North Colony Asset Management for $28.35 million in a deal brokered by Newmark Knight Frank (NKF). The sale amounts to approximately $176 per square foot. The Class A office building is located steps from the MBTA Red Line and a short drive from Interstate 93, minutes from Downtown Boston. Heritage Point is 85%-leased to seven tenants, six of which relocated to the property from Boston. The property is located within the premier Heritage Point office campus, which Campanelli and Trigate purchased in 2013/2014. “Heritage Landing’s dynamic location on the MBTA’s Red Line paired with our vision for a best-in-class office property proved to be a winning combination, appealing to transit-oriented tenants seeking a great value,” enthused Campanelli Partner Dan DeMarco in a prepared statement. “This is evidenced by the impressive percentage of tenants who relocated to Heritage Landing, including State Street Bank, ClinEdge and the Mass Teacher’s Association, from Boston.” Heritage Point was renovated in 2015-16 and features a fitness center, conference areas and a full-service café with an exterior deck featuring water views. “Heritage Point benefits from a successful multi-million dollar strategic transformation perfectly executed by the Campanelli-Trigate partnership and highlighted by modernized common areas, updated building systems and new amenities,” said NKF Executive Managing Director Matthew Pullen in a prepared statement. “These capital improvements have resulted in more than 100,000 square feet of leasing activity at the building in the past two years.”


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