News

The Ohio Association of Realtors engaged Rob to deliver a webinar on Commercial Transactions and Leases. The webinar attracted practitioners throughout Ohio and was conducted on August 28 and 30.

Auburndale Realty Co., Newton, Mass. is pleased to announce July 26, 2018 that it has recently completed a counseling assignment that resulted in the expansion and leasing of 5 Forge Parkway, Franklin, Mass. Rob Nahigian, FRICS,SIOR,CRE,MCR was the real estate counselor representing the ownership, JD Family Trust on the additional leasing of its industrial facility...

The event started at 10:30 am and attracted over 400 professionals including Boston’s Mayor Walsh and the Director of the Boston Redevelopment Authority, Brian Golden. Cannistraro renovated the 160,000 square foot building at 25 Fid Kennedy (now known as The Fid) and created roughly 200 manufacturing jobs located in Boston’s Raymond L. Flynn Marine Industrial...

The property at 25 Fid Kennedy played an integral role in the WWII and post-WWII war effort and is located in the 58 acre South Boston Army Annex, contained within the 167 acre South Boston Naval Annex. After extensive negotiations, EDIC and the Boston Redevelopment Authority awarded Cannistraro Final Designation on June 9, 2016. The...

The grand opening of the new JC Cannistraro fabrication, manufacturing and design facility was held on Boston’s Seaport on Thursday, June 14, 2018. Robert Cleary, SIOR, CRE Colliers International and Rob Nahigian, FRICS, CRE, SIOR, MCR of Auburndale Realty Co., Newton, Mass. were the real estate advisors and brokers that took the project from initial...

Auburndale Realty Co. exclusively represented Cannistraro in this lease transaction. Both Bob Cleary and Rob Nahigian acted as real estate counselors and brokers on this assignment. They research over 100 sites between Boston, Manchester, Worcester and Providence in their efforts to find this facility. Both Bob and Rob intensely negotiated the letter of intent and...

At the event, the Mayor of Boston spoke highly of JC Cannistraro and the new jobs being created by the company. He mentioned that S. Boston area has transformed from a fish market to new hotels, headquarters and offices for GE, Skanska, Amazon and is now one of the hottest locations in the U.S. for...

The company has grown its business and had a need for additional space. NETA and JD Family Trust has been negotiating during the Winter and Spring of 2018 for new construction addition of approximately 35,000 square. The total lease facility is know 106,326 square feet. Additionally the tenant has extended its lease to a longer...

Cannistraro consolidated its trades, and relocated the company’s machine shops from Wilmington, Stoughton and Watertown. They moved these operations into 25 Fid during March, 2018. The building took two years of renovating to bring this former U.S. Army WWII building to its historic preservation stage. In its over 50 years in business, Cannistraro has grown...

January 24, 2018, Auburndale Realty completed an office lease representing Brookline Bank’s Special Deposit Division for 1031 Services at 25 Braintree Hill Office Park, Braintree, MA. The office lease was for 3,681 sf. During the Fall of 2017 Brookline Bank engaged Auburndale Realty as its corporate broker for office space for its special deposit divisions.

Rob Nahigian is pleased to announce that he has served as an expert witness/litigation support on a Watertown (MA) former Fuller Enterprises car dealership facility. The expert services included highest and best use value, industry brokerage practices and compensation, developer and partnership service requirements and investment compensation. The case was held in November, 2017. Currently...

Spring/Fall, 2017 engaged for litigation support and expert testimony on four separate court cases involving commercial real estate; partner disputes, tenant-landlord lease dispute and broker-buyer disputes located on the North Shore, MetroWest and Boston.

Sept. 2017, Provided counseling services on the sale of 3 medical condominiums in Waltham, MA. Rob Nahigian, FRICS, SIOR, CRE, MCR of Auburndale Realty Co., Newton, Mass. counseled the sale of two medical office condominiums at 20 Hope Avenue, Waltham, MA on September 15, 2017. The seller was a family trust with Karen Shields of...

During September, 2017 Rob Nahigian was invited to speak at a number of industry regional commercial real estate events throughout Canada and the U.S. as an industry subject matter expert and commercial industry thought-leader. On Sept. 13, Rob delivered the SIOR national designation program “Art of Negotiating Commercial Real Estate” in Charlotte, NC at the...

Summer/Fall/Spring 2017-18 Providing counseling services on a 400,000 sf commercial portfolio sale for a private equity owner for $40 million.

In December 2016, Rob Nahigian and Auburndale Realty Co. completed the lease renewal of 42,500 sf of warehouse space to PAK Technologies at 95 Fitchburg Road, Ayer, Mass. Rob represented the landlord, Groton-Ayer Realty Trust. PAK Technologies provides comprehensive blending, packaging, and distribution services as well as deicing at Logan airport.

Auburndale Realty Co. and Rob Nahigian are honored to announce, with cooperating SIOR broker, Bob Cleary, now with Colliers International of Boston, that it has closed on one of the most impactful industrial/manufacturing leases in the City of Boston with JC Cannistraro LLC of Watertown, MA. The industrial lease culminates a 2.5 year process of...

Auburndale Realty Co. is pleased to announce that its principal, Rob Nahigian, FRICS, SIOR, CRE, MCR of Auburndale Realty Co., Newton, Mass. on June 17, 2016 was re-appointed by the Mass. Real Estate Licensing Commission/Real Estate Board to its Education Subcommittee. Rob received a confirmation letter from Executive Director Ann-Margarette Barry to inform him of...

On June 13, 2016 in Philadelphia, Rob delivered to prospective SIOR members at the SIOR National Designation courses, “Synergistic Sales Skills.” This course is an elective for the premier commercial brokers that are in the process of obtaining their SIOR national designation. The course was held in downtown Philadelphia at the Hyatt Bellevue.

On June 9, 2016, JC Cannistraro, a 50 year manufacturing company and client of Auburndale Realty Co., was awarded Final Designation by the Boston Redevelopment Authority, on the 160,000 square foot former US Army facility in Boston’s Seaport area. It is an assignment that Auburndale Realty Co. has been working for over 2.5 years for...