True Value Deal Closed

True Value Deal Closed

We closed the sale of a True Value hardware store for our client, a real estate development company. An investor purchased the property, leased to a True Value franchisee, using 1031 exchange funds and a loan from a local bank to finance the purchase of the property....
4 Essential Land Use Due Diligence Items

4 Essential Land Use Due Diligence Items

Land Restrictions Affect Value Understanding potential uses of real property is valuable information. With this information, for example, you may confidently pay a premium for a single family home knowing you can build a multi-family rental property in its...
Shopping Plaza Acquisition Boston Suburb

Shopping Plaza Acquisition Boston Suburb

Murphy PC represented a family-owned real estate company in the acquisition of a shopping plaza located in a Boston suburb.  The transaction included advising on title, zoning, environmental and tenant issues, negotiating a lease amendment to accommodate plans to...
Condominium Development Norwood, Massachusetts

Condominium Development Norwood, Massachusetts

Murphy PC represents the developer of a residential condominium project in Norwood, Massachusetts known as Endicott Woods.  The project consists of 14 buildings and a total of 112 townhouse condominium units.  David J. Murphy and Brian Cronin handle drafting...