Newmark brokers $132m sale of 140 Kendrick - sold by BXP to Cross Ocean and Lincoln Prop.
NEEDHAM, MA Newmark has ar- ranged the $132 million sale of 140 Kendrick St., an office campus lo - cated 15 miles southwest of Down- town Boston. Newmark co-head of U.S. Capital Markets Robert Griffin, along with capital markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing direc- tor James Tribble, senior managing director Samantha Hallowell and associate director William Sleeper, represented the seller, BXP, and procured the buyer, a partnership between Cross Ocean Partners and Lincoln Property Company. Additionally, Newmark’s Bos- ton Debt & Structured Finance team, comprised of vice chairman David Douvadjian, Sr., execu- tive managing director Timothy O’Donnell, senior managing direc- tor David Douvadjian, Jr., associate directors Bobby Alvarado and
FOR FULL STORY VISIT NEREJ.COM Other accomplishments include completion of Bryant University’s Business and Leadership Excel- lence Certificate programs and the Housing Opportunity Partnership Education Certification. She has achieved the Accredited Buyer’s Representative and Certified Mil - itary Residential Specialist desig- nations and is also Commercial and Investment Real Estate Certified. She is licensed in Rhode Island, Massachusetts and Connecticut. president of the Kent Washington Association of Realtors, the 2026 vice president of the RIAR and a di- rector on the NationalAssociation’s Board of Directors. She also serves on the NationalAssociation’s Small Brokers Committee. She was one of five local Real - tor association award recipients, all candidates for the statewide honor awarded annually by the R.I. Association of Realtors. Conor Reenstierna and financial analyst Harrison Zucco, has been engaged by the buyer to provide post-closing mortgage financing. Totaling 400,000 s/f, 140 Ken- drick St. features three intercon- nected office buildings, one of which represents the first net-zero, carbon-neutral repositioning of its scale in Massachusetts. The campus is anchored by Wellington Management with other notable occupants including Clarks, Cy- berArk and Focus Partners Wealth. “140 Kendrick St. was entirely renovated and re-tenanted after its prior single-tenant occupant vacated in 2020,” said Sleeper. “By virtue of all leases being signed in the post-COVID era, the asset exhibits a rare dynamic in which all tenants are right-sized with peak physical occupancy and near-zero dark space.” 140 Kendrick St. benefits from
an amenity-rich, highly accessible and talent-dense location. The cam- pus is situated adjacent to the 600+- acre Cutler Park Reservation, directly off Route 128/Interstate 95 with shuttle service to the MBTA Green Line and surrounded by one of suburban Boston’s highest concentrations of residents with graduate/professional degrees. Newmark senior managing director Matthew Malatesta provided local leasing expertise for the transaction, and financial analyst Grady Zink provided analytical support.
140 Kendrick Street - Needham, MA
Horvath & Tremblay handles $1.475m sale of 11,520 s/f plaza
DANBURY, CT Bob Horvath, Todd Tremblay and Matt Nadler of Hor- vath & Tremblay have completed
R.I. Assn. of Realtors names D’Agostino of Start Realty 2025 R.I. Realtor of the Year
WARWICK, RI Crystal D’Agostino was selected by the R.I. Association of Realtors (RIAR) as the 2025 R.I. Realtor of the Year. She has
Bob Horvath
Todd Tremblay
the sale of an 11,520 s/f retail plaza. Horvath & Tremblay ex- clusively repre- sented the seller and sourced the buyer to com- plete the transaction at a sale price of $1.475 million. The retail plaza is located at 132 Federal Rd. The plaza contains 11,520 s/f of gross leasable area on a one-acre parcel. 132 Federal Rd. is comprised of six units and is leased to Starbucks, Club Pilates, and Mobile Rescue and has three vacant units. The property offers significant upside through the lease up of the 6,853 s/f of vacant space. The property is well located along Matt Nadler
worked in or around real es- tate and proper- ty management since child- hood, starting
132 Federal Road - Danbury, CT
BILLERICA, MA Scott Hughes, pres- ident of New Dover Associates, Inc., represented the seller in the sale of 34 Sullivan Rd., Unit 27, for the purchase price of $595,000. Michael Barbera, principal broker of BA Property & Lifestyle Advi- sors, represented the buyer, HMB Properties, LLC. 34 Sullivan Rd., Unit 27 in the Sullivan Road Industrial Center is a 3,149 s/f industrial condo. Hughes of New Dover Assocs. sells industrial condo. for $595,000
Federal Rd. and benefits from vis - ibility and frontage. The location is part of a dominant trade area centered around the junction of US Rte. 7/202 and I-84, with numerous businesses, national retailers and restaurants driving traffic to the area. The property is surrounded by densely populated residential neighborhoods and apartment communities that provide a cap- tive customer base. 132 Federal Rd. is also convenient to Danbury Hospital and Western Connecticut State University, both of which draw significant traffic to the area.
Crystal D’Agostino
in her family’s rentals. She is the broker/owner of Start Realty in West Warwick. Since the flip of their first home, she and her hus - band have acquired 20 rental units in the local market. Most recently, they’ve branched out into real es- tate syndications, with ownership interests in a total of 208 rental units across multiple states. Since joining the RIAR in 2009, D’Agostino has held committee and leadership positions at all levels of the organization including past
NEW ENGLAND
6 January 9, 2026
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