The Lefebvre Team

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Press Release: Lefebvre of Elm Grove Realty sells 40-unit apartment complex - $5.45M

FOR IMMEDIATE RELEASE

WESTFIELD, MA 

Matthew Lefebvre of The Lefebvre Team at Elm Grove Realty, based in Manchester, NH sold 200 Southwick Rd.,; a 40-unit apartment complex in Westfield, MA also known as Oakwood Terrace, for $5.45M. Lefebvre represented the sellers of the property, 2nd Oakwood Terrace, LLC. The buyer of the property was Concrete Ventures, LLC, represented by Gary Witten of Marcus & Millichap.

Oakwood Terrace is a +/-34,188 SF property consisting of 39 two-bedroom townhouse-style apartments, and 1 three-bedroom townhouse-style apartment. Over the course of three years, the sellers repositioned the property with substantial capital improvements including remodeling and upgrading all 40 apartments, installing new siding, installing new heating systems, adding additional amenities to the property, and more.

Press Release: Lefebvre of Elm Grove Realty leases +/- 9,751 SF to Gatehouse Treatment in Nashua, NH

NASHUA, NH Matthew Lefebvre of Elm Grove Realty in Manchester, NH recently brokered a deal at 155 Main Dunstable Rd. in Nashua, NH representing the landlord, leasing +/- 9,751 SF to Gatehouse Treatment. The cooperating broker, representing the tenant, was Lisa Ferrari of Prolman Realty in Nashua, NH. This lease deal brings the building to approximately 90% occupancy.

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