The Brook Update 02/11/16

95 Fawcett Street sold to developer KEMS Corporation for $4.65 million

95 Fawcett Street was sold Wednesday to 95 Fawcett Street LLC, a limited liability company registered to Edward Doherty, President of residential developer KEMS Corporation. Sale price was $4,650,000 as recorded in the Middlesex South Registry of Deeds. Seller was 87-89 Fawcett Street LLC, a limited liability company registered to Peter Givertzman, ‎President of furniture company Oriental Unlimited Inc. Oriental Unlimited Inc. has been based at the existing warehouse at 95 Fawcett Street and currently operates at adjacent 68 Moulton Street in Cambridge. 87-89 Fawcett Street LLC bought 95 Fawcett Street in October 2008 for $1,644,000.

KEMS Corporation has built a number of residential developments in the Boston area. KEMS Corporation is currently building 170 West Broadway and Collins Mansion Condominiums, both under construction in South Boston.

95 Fawcett Street is a 20,523 square foot parcel on which stands a 20,150 square foot warehouse. The parcel is located directly across Fawcett Street from Atmark Cambridge, a newly-constructed apartment development.

The following is the deed for the sale of 95 Fawcett Street:

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