Apartment Property Specialists

Transcription

1 303 Congress St. Boston, MA Corporate Offices developed and occupied by NAI Hunneman Apartment Property Specialists 2007 WINNER OF BOSTON/SF S AWARD FOR MULTIFAMILY SALES 303 Congress Street Boston MA

2 TABLE OF CONTENTS NAI HUNNEMAN... SECTION I The Company Investment Sales & Capital Markets Organizational Chart Partial Client List NAI Global B&T NAI Hunneman Celebrates 75th Year in the Hub TEAM MEMBERS... SECTION II Resumes Team Members MARKETING PROCESS... SECTION III Marketing Process Flow Chart SALES HIGHLIGHTS... SECTION IV Office Buildings SALES HIGHLIGHTS... SECTION V NAI Hunneman Office Sales NAI Hunneman Industrial Sales NAI Hunneman Mixed Use Sales NAI Hunneman Retail Sales NAI Hunneman Apartments Sales NAI Hunneman Land Sales ALL SALES... SECTION VI NAI Hunneman Sales Grid YTD

3 The Company Established in 1929, #8 real estate license issued in Massachusetts NAI HUNNEMAN sales transactions - $250 million sales volume $1 billion in sales, leasing and consulting volume in Boston and New England $25 billion in other domestic and international real estate markets Managing over 5.5 million square feet of space in metro Boston Owned and operated by real estate professionals active in the markets they serve Over 100 real estate professionals and staff providing client services throughout New England, 270 other NAI offices in the US and overseas Client base includes public and private investors, user-owners, corporate real estate managers, institutional owners and investors, developers, REITs REALTrac proprietary transaction management system Investment Sales & Capital Markets Investment property purchase and sale Market research Broker pricing opinions Appraisals and feasibility studies Portfolio research, analysis, and strategy Performance monitoring Due diligence Structured asset and loan sales Real estate advisory services Investment portfolio sales CMBS loan resolutions, defeasances and assumptions Equity and debt placement Work Out and re-capitalization Lender or Borrower advocacy Financing and Joint Ventures

4 NAI HUNNEMAN NAI Hunneman Organization Chart NAI HUNNEMAN COMMERCIAL Downtown Group Suburban Group Investment Group Industrial Group Research Staff Administration Marketing HUNNEMAN MANAGEMENT & DEVELOPMENT Lease administration Construction management Accounting On-site property management HUNNEMAN APPRAISAL & CONSULTING Portfolio evaluation Financing Land use planning Consultation services HUNNEMAN CAPITAL GROUP Commercial mortgage brokerage Capital markets THE COLLABORATIVE COMPANIES Market analysis Project design assistance

5 NAI HUNNEMAN Partial Client List Hamilton Company, Inc.

6 NAI HUNNEMAN NAI Global NAI Across the Nation and the World 270 offices 36 countries 340 markets Over 3,500 professionals $25 Billion Annual Transaction Volume Founded in 1978, 90-person corporate staff headquartered in Hightstown, NJ Award winning REALTrac proprietary transaction management system Offices throughout the US, Canada, Latin America and the Caribbean, Europe and Asia Pacific NAI ASIA PACIFIC China India Indonesia Japan Korea Malaysia New Zealand Philippines Singapore Taiwan Thailand NAI EUROPE Austria Belgium Czech Republic Denmark Finland France Germany Greece Hungary Ireland Israel Italy Netherlands Norway Poland Portugal Romania Russia Spain Sweden Switzerland Turkey United Kingdom NAI LATIN AMERICA AND THE CARIBBEAN Argentina Brazil Chile Colombia Costa Rica Ecuador El Salvador Guatemala Mexico Peru Puerto Rico Uruguay Venezuela NAI CANADA Alberta: Calgary, Edmonton British Columbia: Vancouver Manitoba Nova Scotia: Halifax Ontario: Hamilton, Ottawa, Toronto Quebec: Montreal Saskatchewan: Regina Winnipeg: Kitchener, Waterloo NAI UNITED STATES Alabama Birmingham Huntsville Mobile Arizona Phoenix Arkansas Little Rock Pine Bluff California Bakersfield Burlingame Carlsbad Cty. Fresno Gardena Los Angeles Madera Monterey Oakland Oxnard/Ventura Palo Alto Pasadena Sacramento San Diego San Fern. Valley San Francisco San Jose Simi Valley Soquel Westlake Village Colorado Colorado Springs Denver Fort Collins Greeley Pueblo Connecticut Fairfield County Delaware New Castle Wilmington DC Washington, DC Florida Boca Raton Clearwater Ft. Lauderdale Ft. Myers Jacksonville Lakeland Miami Naples Orlando Pensacola Port Richey Tampa The Keys West Palm Bch Georgia Atlanta Idaho Boise Idaho Falls Illinois Chicago Indiana Fort Wayne Indianapolis Iowa Cedar Rapids Davenport Des Moines Sioux City Waterloo Kansas Kansas City Topeka Wichita Kentucky Lexington Louisville Louisiana Baton Rouge Lafayette New Orleans Shreveport Maine Portland Maryland Baltimore Washington, D.C. Massachusetts Boston Springfield Michigan Ann Arbor Detroit Grand Rapids Minnesota Minneapolis Mississippi Gulfport Madison Jackson Missouri Columbia Joplin Kansas City Springfield St. Louis Montana Billings Missoula Nebraska Lincoln Omaha Nevada Las Vegas Reno New Hampshire Manchester New Jersey Northern, Central, Southern N. Jersey Princeton Atlantic City New Mexico Albuquerque New York Albany Binghamton Buffalo Long Island Manhattan Orange Rockland Rochester Syracuse Utica Westchester City. North Carolina Charlotte Greensboro Raleigh/Durham North Dakota Fargo Ohio Akron Cincinnati Cleveland Columbus Dayton Toledo Oklahoma Enid Oklahoma City Tulsa Oregon Portland Pennsylvania Allentown Harrisburg Lancaster Philadelphia Pittsburgh Reading Scranton Wilkes-Barre Rhode Island Providence South Carolina Charleston Greenville South Dakota Sioux Falls Tennessee Chattanooga Knoxville Nashville Memphis Texas Austin Brownsville Corpus Christi Dallas El Paso Fort Worth Harlingen Houston Laredo McAllen Mission San Antonio Texarkana Tyler Utah Layton Provo Salt Lake City St. George Vermont Burlington Virginia McLean Norfolk Richmond Roanoke W. Virginia Charleston Washington Seattle Tacoma Vancouver Wisconsin

7

8

9

10 Reprinted from the issue of November 22nd, 2004 BANKER & TRADESMAN THE REAL ESTATE, BANKING AND COMMERCIAL WEEKLY FOR MASSACHUSETTS ESTABLISHED 1872 Hunneman Commercial Co. Celebrates 75th Year in Hub By Joe Clements IT IS SAID THAT THE MORE THINGS CHANGE, THE MORE THEY STAY THE same, and in the case of Boston s real estate industry, one of the best adherents to that mantra would seem to be Hunneman Commercial Co. In celebrating the venerable operation s 75th anniversary last week, CEO Stuart W. Pratt maintained that founder Carleton Hunneman s work ethic and straightforward business approach laid a foundation still evident to this day. We have a group of very dedicated partners and a philosophy of entrepreneurship that has allowed us to compete in this market and that is structurally the same way the company was run 75 years ago under Carleton Hunneman, said Pratt, who actually worked with the legendary Hub real estate icon for a time upon joining the firm in Even so, surviving to the new millennium was not always guaranteed for Hunneman, which Pratt took control of in the early 1980s, a few years after the company namesake retired. For a brief time, it seemed Hunneman s commercial group might get swallowed up by NRT Corp., a national outfit which had bought out Pratt in 1998 to gain control of Hunneman s massive residential brokerage network. After a spate of uncertainty, Pratt organized a buyout of the various commercial entities in 2000, including its brokerage, appraisal and property management divisions, then offered senior brokers and managers an opportunity to buy into the restructured entity, leading to the current lineup of nine principals. According to Pratt, the buyout not only provided Hunneman the local, independent ownership which the company had been built upon, it mimicked Carelton Hunneman s sale in the early 1980s that allowed his creation to continue on with a new generation. I don t Hunneman Commercial Co. officials celebrating the firm s 75th anniversary include: (from left) Robert Tito, Carl Christie, F. Michael DiGiano, Wayne Spiegel, Stuart W. Pratt, David Ross (seated at left), Robert Fitzgerald, Emmet T. Logue (seated at right) and Steve James. want to see this firm die, and the best way to make sure that doesn t happen is to bring in quality people who will take my place, said Pratt, adding that the arrangement should also ensure solid service given that those assisting Hunneman clients have a stake in the company s future. Hunneman s current group certainly has the acumen to service Boston s commercial real estate sector, with such longtime staffers as Senior Vice Presidents Richard Lundgren and Mark Gottesman, industrial brokerage specialist Wayne Spiegel and Douglas Potter, president of the firm s active property management operation. Under the guidance of financial expert Mark Hall, Hunneman will trade an estimated $300 million in troubled loans this year, Pratt estimated, while Executive Vice President Peter Benke, who served as president of Hunneman in the 1990s, now oversees the firm s corporate services group and remains a valuable rainmaker in his own right. Benke s hands-on approach was evident earlier this year when he won three awards from Hunneman s national affiliate, NAI, including the Industrial Best of Class award which recognizes the best producer in that category. On the investment front, Hunneman has dominated the middle market of late, employing the talents of such sales specialists as Robert Tito, David Ross and Carl Christie to consistently place near the top in number of transactions negotiated annually. New Opportunities Hunneman President F. Michael DiGiano credits a bottom-up business development strategy as one key for Hunneman s recent growth, which Pratt said has seen annual revenues increase from between $3 million and $4 million when the buyout was made to an ancontinued on page 2

11 2 B A N K E R & T R A D E S M A N NOVEMBER 22, 2004 ticipated $20 million in revenues for Relying on the expertise of its staff on the ground, Hunneman is better able to recognize new trends and pursue emerging opportunities, said DiGiano, who has been with the firm since Being adaptable through the years and doing things that other firms have not put an emphasis on has been a big part of Hunneman s success, said DiGiano, whose own relationship with the firm was forged in the early 1980s when Hunneman became involved in a Peabody business park that Di- Giano was working on for the city. Responding to a slowdown in the commercial market, Hunneman began writing federal economic grants on behalf of communities in the late 1970s and early 1980s, not only generating business for itself, but also infusing local communities with new opportunities to attract companies. The urban redevelopment practice brought such firms as Hyde Athletics, SS Pierce, Reebok and General Dynamics to locations still occupied by them today, with communities assisted by that trend including Boston, Taunton, Revere and Stoughton. Hunneman s involvement in that arena continues today, with the firm currently serving as exclusive marketing agent for the 4,000-acre Devens Industrial Park in central Massachusetts and the Myles Standish Industrial Park in Taunton. The practice was just one of several notable ideas pursued by the firm over the years, whose history also includes helping on such milestone undertakings as the assemblage of land for Route 128 in the 1940s and 1950s, creation of Boston s first condominium conversion in the Back Bay and Hunneman s appointment in 1965 as development consultant, leasing agent and property manager of 225 Franklin St., the first high-rise office building in downtown Boston. Despite the rich heritage, Pratt and Di- Giano also cite several newcomers who have helped further bolster the firm s full-service approach to real estate. Its downtown brokerage group has been aided by the arrival of such veteran players as James Adams and Robert Fitzgerald, for example, while Di- Giano said another important piece of the puzzle was solved two years ago when broker Greg Larsen came aboard to beef up the company s Cambridge presence. On the suburban front, the firm has such stalwarts as Lowell Peabody and Steve James, whom Di- Giano said brings both great ideas and a lot of energy. The firm also has faith in such emerging stars as Ryan Weber and Brendan Carroll, added DiGiano, who said he believes the company is well-positioned for the future. We re very happy with the progress we ve made, he said. I think we have developed some new markets we weren t in before, and we continue to be leaders in many of the markets we are active in. As with most others spoken with, however, DiGiano pointed to Pratt as the main reason the firm has survived in an oft-volatile environment. While the growth of the residential group into a major force that resulted in its $150 million sale in 1998 may prove to be Pratt s greatest accomplishment, DiGiano said the company chairman and CEO has exemplified Yankee ingenuity in many other ways, including the very buyout that has brought the firm full circle 75 years after Carleton Hunneman got the ball rolling. Pratt is frequently the one who sees the new opportunities, said DiGiano, adding that, he enjoys the real estate business, and that really shows through. Reprinted with permission of Banker & Tradesman. This document may constitute advertising under the rules of the Supreme Judicial Court of Massachusetts.

12 TEAM MEMBERS Resume Carl L. Christie EVP, Principal Scope of Expertise Mr. Christie began his career in the disposition of investment property in March of For the past 11 years Mr. Christie has been an Investment Broker at NAI Hunneman Commercial Company. Mr. Christie was the NAI Hunneman Broker of the Year for 4 consecutive years. Extensive contacts with investors have provided Mr. Christie with an active database of qualified buyers of investment property now exceeding 5,000 contacts. Through the recording of every real estate transaction in New England, Mr. Christie is able to modify this database on a monthly basis. This gives Carl Christie the advantage of first contact with the newcomers to the market place, thus keeping up to date with the most aggressive "hot buyers" of investment grade real estate today. Significant Recent Transactions Mr. Christie has sold over $1 billion of investment grade property. Including: 250 Unit apartment complex in Beverly, MA 211 Unit apartment complex in Hyannis, MA 200,000 square foot shopping center in Keene NH Marketing Program Our marketing program for the disposition of investment property includes in-depth analysis of the subject property, the community in which it is situated, a highest and best use analysis, and an estimated market value. We present the subject property to a qualified group of investors through direct mail, fax broadcasting, broadcasting and an in-depth marketing brochure. Carl Christie will advertise the product in the appropriate newspapers, journals and through direct contact with investors. For more confidential sales, we implement our private placement marketing program. Education Northeastern University, BS Professional Affiliations Certified Commercial Investment Member (CCIM) designation. Licensed Broker is Massachusetts, New Hampshire, Connecticut and Rhode Island. Mr. Christie is a native of Massachusetts currently residing in Swampscott.

13 Team Members Robert Tito EVP/Principal Investment specialist in the disposition and marketing of investment grade properties valued between $3 million and $30 million. Mr. Tito has marketed significant properties in eight states, and was co-founder of the Dartmouth Company, Inc., a commercial real estate company located in Boston. He has brokered over $1 billion in sales transactions collectively during his 25 years as landlord, developer, and real estate broker. Carl L. Christie EVP/Principal Mr. Christie began his career in the disposition of investment property in March of For the past 10 years Mr. Christie has been an Investment Broker at NAI Hunneman Commercial Company. Mr. Christie was the NAI Hunneman Broker of the Year for Mr. Christie has sold over $750,000,000 of investment grade property. Including a 250 Unit apartment complex in Beverly, MA and 200,000 Square foot shopping center in Keene NH David N. Ross EVP/Principal Investment advisor specializing in the disposition, valuation, marketing of investment properties and market maker for real estate debt. He has been involved in real estate and capital markets for fourteen years. In 2000, he was awarded the "Transaction of the Year" award and in 1998, he received the top sales award for achieving the highest sales volume in the commercial company. He has been involved with $1,000,000,000 worth of assets. Jonathan Aron SVP TEAM MEMBERS Mr. Aron is a specialist in the sale of retail and net leased investment properties with more than 20 years of real estate experience in brokerage, corporate real estate, tenant representation, and also as a principal and developer. Since joining NAI Hunneman at the end of 2003, he has completed more than 20 shopping center and net leased sales transactions.

14 TEAM MEMBERS Team Members Dan McGee Financial Analyst / Broker Dan joined NAI Hunneman Commercial in February He works with the Investment Sales Group and specializes in financial analysis, marketing, and sale of investment grade property. In 2005 Dan was involved in fourteen sales worth over $46 milllion. Gina Barroso Sales Associate/Marketing Assistant Gina joined Hunneman Investment Sales Team in 2000 as a sales/marketing assistance She specializes in the sales, research and marketing of investment sales properties. In the past year Gina has been involved in over 15 sales totaling in excess of $60 million. Amy Szeto Market Analyst Amy joined Hunneman in 2001 as part of the Research Department. She is responsible for developing and maintaining all real estate databases for the company and providing technical support to brokers and staff. In addition, Amy prepares various financial and market analyses and technical material to support Hunneman's new business strategies and leasing, sales, tenant representation and consulting assignments. Marcy Mahoney Marketing Coordinator Hilary joined Hunneman in 2007 and is responsible for creating and developing marketing campaigns for the company. She also works closely with a public relations agency to ensure that Hunneman and its clients gain exposure to a wide audience in the most positive way possible. She directs the work of graphic designers, photographers and printers.

15 MARKETING PROCESS Our marketing program for the disposition of investment property typically includes: In-depth analysis of the subject property, the community in which it is situated, a highest and best use analysis, and an estimated market value. We will suggest one of three possible scenarios to best market your property. We can use either a Call for Offers method, a List Price method, or a Private Placement method depending on the property type and the market. NAI Hunneman will begin the marketing effort by presenting the subject property to a selected group of qualified buyers. We pro-actively maintain our investor database to keep correspondence with the most active players in the market. We also are compiling a growing list of 1031 tax deferred exchange prospects. We market properties with a keen knowledge of investor preferences and select a target group of investors who will be interested in your property type. We use state-of-the-art real estate software programs to analyze rental conditions, locate comparable sales, perform financial analysis and modeling, and run population demographics. Our marketing team uses desktop publishing software to create professional color brochures and packages to market your property. NAI Hunneman will advertise the property in the appropriate newspapers and real estate journald. In addition to a direct mailing, we have the ability to perform broadcasts and fax broadcast to a thousands of potential prospects. We can also use the NAI network to information to approximately 1,700 brokers through the United States. When investors respond to our initial offering we quickly provide them with a Confidential Offering Memorandum - a detailed analysis of the subject property which typically includes: An executive summary, building description, site description, building photographs, site plans, floor plans, aerial photographs, maps, market analysis, comparable sales, rental information, rent roll, cash flow analysis, and demographics. After sending the Confidential Offering Memorandum we will follow up with a phone conversation prior to conducting site tours of the property. We can also put together a Due Diligence package which typically includes: Copies of lease, income statements for the property, and copies of relevant reports on the property of submarket.

16 MARKETING PROCESS Marketing Process Flowchart

17 TRACK RECORD (OFFICE BUILDINGS) NAI HUNNEMAN SALES Totten Pond Office Centre, Waltham Sold for $33,000, ,317 ± SF office complex NAI Hunneman advised on the sale of the Totten Pond Office Centre in Waltham, MA. The multi-tenant office building was acquired by a local investor 846 University Avenue, Norwood Sold for $9,400,000 65,542 ± SF office building NAI Hunneman advised on the sale of 846 University Avenue in Norwood The single-tenant Class A office building was acquired by a user for to owner occupy

18 TRACK RECORD (OFFICE BUILDINGS) NAI HUNNEMAN SALES 450 Lexington Avenue, Newton Sold for $2,875,000 24,000 ± SF office building NAI Hunneman represented the seller and procured the buyer on the sale of the 450 Lexington Avenue in Newton The multi-tenant office building was converted into office condominiums Main Street, Watertown Sold for $4,925,000 35,416 ± SF office building NAI Hunneman represented the seller and procured the buyer on the sale of the Main Street in Watertown, MA The multi-tenant office building was purchased by a local investor to add to his commercial portfolio

19 TRACK RECORD (OFFICE BUILDINGS) NAI HUNNEMAN SALES Second Avenue, Waltham Sold for $2,525,000 18,000 ± SF NAI Hunneman advised on the sale of an 18,000 SF office/r&d building located at Second Avenue in Waltham. The building was acquired by an owner/ user who will occupy the property Babson Portfolio, Wellesly Sold for $6,700,000 50,016 ± SF of office in two buildings NAI Hunneman advised on the sale of the Babson Portfolio in Wellesley The building was acquired by a local investor

20 TRACK RECORD (OFFICE BUILDINGS) NAI HUNNEMAN SALES Great Woods Park, Mansfield Sold for $6,760,000 57,616 ± SF office building NAI Hunneman represented the seller and procured the buyer for the Great Woods Office Park in Mansfield, MA The multi-tenant office building was acquired by a local investor Centennial Park, Peabody Sold for $12,100, ,801 ± SF office/r&d complex NAI Hunneman represented the seller and procured the buyer for 2 building in Centennial Park (9 Centennial Park & 10 Technology Drive). The multi-tenant buildings were acquired by an international investor

21 TRACK RECORD (OFFICE BUILDINGS) NAI HUNNEMAN SALES 36 Middlesex Turnpike, Bedford Sold for $4,340,000 41,472 ± SF office/industrial building NAI Hunneman represented the seller and procured the buyer The single-tenant building was fully occupied at the time of sale and was acquired by an investor for cash flow 11 Oak Park, Bedford, MA Sold for $6,300,000 53,000 ± SF office/r&d building NAI Hunneman advised on the sale of 11 Oak Park Drive in Bedford The single-tenant building was acquired by Progress Software as a partial owner occupant.

22 TRACK RECORD (OFFICE BUILDINGS) NAI HUNNEMAN SALES Southborough Technology Park Sold for $5,200,000 74,535 ± SF office complex NAI Hunneman advised on the sale of the 2 buildings at Southborough Technology Park. The multi-tenant office/industrial buildings were acquired as an investment property 67 Forest Street, Marlborough Sold for $4,770,000 26,296 ± SF office building NAI Hunneman advised on the sale of 67 Forest Street in Marlborough, MA The multi-tenant office building was acquired with existing vacancy as a valueadd opportunity

23 TRACK RECORD (OFFICE BUILDINGS) NAI HUNNEMAN SALES 63 Pleasant Street, Watertown Sold for $2,600,000 21,696 ± SF office building NAI Hunneman represented the seller and procured the buyer on the sale of the 63 Pleasant Street in Watertown The multi-tenant office building was acquired by a local investor 100 Longwater Circle, Norwell, MA Sold for $5,500,000 53,000 ± SF office building NAI Hunneman represented the seller and procured the buyer on the sale of 100 Longwater Circle in Norwell, MA The single-tenant office building was acquired by a Charter School as an owner occupant

24 TRACK RECORD (OFFICE BUILDINGS) NAI HUNNEMAN SALES Bank of America, Providence, RI Sold for $33,200, ,000 ± SF office building NAI Hunneman represented the seller and procured the buyer on the sale of the Superman building located in downtown Providence, RI. The single-tenant building is fully occupied by Bank of America The building offers existing cash flow and upside potential 109 State Street, Boston, MA Sold for $4,500,000 30,000 ± SF office bulding NAI Hunneman advised on the sale of 109 State Street in Boston, MA. The building contains approximately 30,000 SF of office space The building was purchased by a developer to convert this into residential lofts

25 TRACK RECORD (OFFICE BUILDINGS) NAI HUNNEMAN SALES 303 Congress Street, Boston Sold for $8,650,000 51,000 ± SF NAI Hunneman represented the seller and procured the buyer on the sale of a 51,000 ± SF office building located in the Fort Point Channel section of Boston The building is a multi-tenant office building with mix of local and national credit tenants and was purchased as an investment property by a local Boston-area investor 51 Sleeper Street, Boston Sold for $17,000, ,121 ± SF of office NAI Hunneman advised on the sale of 51 Sleeper Street in the Fort Point Channel District The building was acquired by a local investor who plans to upgrade and retenant the building The building was purchased vacant for $113 / SF

26 TRACK RECORD (OFFICE BUILDINGS) NAI HUNNEMAN SALES 184 High Street, Boston Sold for $11,500,000 55,000 SF retail / office building NAI Hunneman represented the seller and procured the buyer on the sale of the Chadwick Lead Works building at 185 High Street in Boston s Financial District. The building was occupied at the time of sale and purchased as an income property by an out-of-state investor. 87 Summer Street, Boston Sold for $5.3 million 25,000 SF retail and office building NAI Hunneman represented the seller and procured the buyer. The building included group floor retail space and office on the upper floors. 87 Summer Street is located in Downtown Crossing - on a very busy retail street. The building was purchased as an income property to add to a portfolio

27 TRACK RECORD (OFFICE BUILDINGS) NAI HUNNEMAN SALES 7 Winthrop Square, Boston Sold for $3,100,000 20,000 SF NAI Hunneman sold the upper floors of 7 Winthrop Square in the Downtown Crossing section of Boston The building was separated into two condos - one occupied by Walgreen s on the first floor and one containing the upper office suites. The new owner plans to convert the upper floors to office Brookline Barn, Brookline For Sale by NAI Hunneman 20,000 +/- SF medical office building NAI Hunneman is the exclusive agent for the sale of a fully occupied medical office building in Brookline, MA Building contains multiple medical office tenants in a fully rehabbed building with parking in a great location The building is being offered as part of a Call for Offers process

28 TRACK RECORD (OFFICE BUILDINGS) NAI HUNNEMAN SALES Summer Street, Boston Sold for $11,700,000 57,000 SF NAI Hunneman represented the seller and procured the buyer on the sale of a 11- story office building located in Downtown Crossing The building includes ground level retail and office space above. The property was purchased by an investor for cash flow 25 Kingston Street, Boston Sold for $4.3 million 28,500 ± SF NAI Hunneman represented the seller and procured the buyer on the sale of a 28,500 SF office building located near Downtown Crossing The building was occupied by a mix of office tenants and was acquired by an abutting landlord.

29 TRACK RECORD (OFFICE BUILDINGS) NAI HUNNEMAN SALES 10 City Square, Charlestown Sold for $11,000,000 36,000 SF NAI Hunneman represented the seller and procured the buyer on the sale of a 36,000 SF office building in Charlestown The owner did a sale/leaseback for the upper office portion of the building. The ground floor is occupied by Olives Restaurant The property was purchased by an investor for a 1031 Exchange 320 Washington Street, Brighton Sold for $4,625,000 27,260 ± SF NAI Hunneman represented the seller and procured the buyer on the sale of a 27,560 SF office building located in Brighton The building was occupied by a mix of office tenants and ground level medical office (dentist). There was parking available onsite

30 TRACK RECORD (OFFICE BUILDINGS) NAI HUNNEMAN SALES Puffers, 214 Cambridge St. Boston For Sale: $3,800,000 10,000 ± SF commercial building NAI Hunneman is the exclusive agent for the sale of the Puffers Building at 214 Cambridge Street in Boston The building is located on the corner of Irving and Cambridge Street at the foot of Beacon Hill. The Puffers Building would make an ideal residential conversion or retail owner occupant purchase. Steaming Kettle, 65 Court St. Boston For Sale: $3,700,000 4,000 ± SF commercial building NAI Hunneman is the exclusive agent for the sale of the Steaming Kettle Building at 65 Court Street in Boston. The building is fully occupied by a Starbucks on the ground level and a dentist office on the upper floors Great long term cash flow property

31 SALES HIGHLIGHTS OFFICE 184 High Street, Boston $11.5 Million (55,000 SF) 51 Sleeper Street, Boston $17 Million (149,121 SF) Bank of America, Providence, RI $33.2 Million (350,000 SF) 320 Congress Street, Boston $8.65 Million (51,000 SF) 109 State Street, Boston $4,500,000 (30,000 SF) 87 Summer Street, Boston $5.3 Million (25,000 SF) 25 Kingston Street, Boston $4,300,000 (28,500 SF) Summer Street, Boston $11.7 Million (57,000 SF) South St, Boston $8 Million ( SF)

32 SALES HIGHLIGHTS OFFICE 7 Kimball Lane, Lynnfield $3.01 Million (30,000 SF) Babson Portfolio, Wellesley $6.7 Million (50,016 SF) 450 Lexington Avenue, Newton $2.875 Million (24,000 SF) Heritage Building, Providence, RI $5.2 Million (54,442 SF) 320 Washington Street, Brighton $4.625 Million (27,260 SF) Main Street, Watertown $4.925 Million (35,416 SF) 63 Pleasant Street, Watertown $2.6 Million (21,696 SF) 7 Winthrop Square, Boston $3.1 Million (20,000 SF) 12 Oak Park Drive, Bedford $4.644 Million (40,000 SF)

33 SALES HIGHLIGHTS OFFICE Fox Meadow Crossing, Northboro $2.9 Million (40,000 SF) QBA Office Portfolio $45.25 Million (237,865 SF) Fort Point Place, Boston $24.3 Million (350,000 SF) 100 Longwater Circle, Norwell $5.5 Million (53,000 SF) 14 Oak Park Drive, Bedford $15.6 Million (165,000 SF) 325 Wood Road, Braintree $6.3 Million (43,700 SF) 121 Middlesex Turnpike, Burlington $2.5 Million (18,852 SF) Totten Pond Office Center, Waltham $33 Million (295,317 SF) Merrimack St, Haverhill $2.1 Million (35,100 SF)

34 SALES HIGHLIGHTS OFFICE 10 City Square, Charlestown $11.5 Million (SF) 846 University Ave, Norwood $9.4 Million (SF) S. Main St, Mansfield $6.76 Million (57,616 SF) Centennial Park, Peabody $12.1 Million (126,801 SF) Turnpike Rd, Southborough $5.2 Million (74,535 SF) 36 Middlesex Tpke, Bedford $4.34 Million (41,472 SF) 11 Oak Park, Bedford $6.3 Million (SF) 604 Main St, Shrewsbury $3,200,000 (18,464 SF) 67 Forest St, Marlborough $4.77 Million (SF)

35 SALES HIGHLIGHTS INDUSTRIAL / R&D 305 John Hancock Rd., Taunton $9.4 Million (194,000 SF) 171 Locke Drive, Marlborough $5.7 Million (97,870 SF) 425 Providence Highway, Westwood $5.5 Million (66,675 SF) 105 Andover Street, Danvers $5.1 Million (188,000 SF) 25 Sycamore Avenue, Medford $5.93 Million (45,000 SF) 159 Rangeway Road, Billerica $4.5 Million (88,000 SF) 10 Pequot Way, Canton $3.9 Million (82,350 SF) 39 Olympia Avenue, Woburn $4.4 Million (77,451 SF) 124 Second Avenue, Chelsea $3.5 Million (73,850 SF)

36 SALES HIGHLIGHTS INDUSTRIAL / R&D 145 Newton Street, Brighton $9.1 Million (108,000 SF) 300 Third Street, Chelsea $5.7 Million (66,300 SF) 10 Industrial Way, Amesbury $5.2 Million (70,400 SF) 480 Neponset Street, Canton $6 Million (14 Buildings 215,300 SF) 176 Grove Street, Franklin $7.4 Million (166,800 SF) 82 Benning Street, Lebanon, NH $8 Million (156,200 SF) 80 Wilson Way, Westwood $10 Million (116,908 SF) 141 Middlesex Tpke., Burlington $3.1 Million (30,500 SF) 41 Lyman Street, Northborough $3.9 Million (64,000 SF)

37 SALES HIGHLIGHTS INDUSTRIAL / R&D 45 Bartlett Street, Marlborough $2.2 Million (41,781 SF) 160 Middlesex Turnpike, Bedford $3.6 Million (50,000 SF) 428 Main St., Hudson $4.1 Million (82,000 SF) 7-11 Audubon Road, Wakefield $2.8 Million (71,000 SF) 10 Centennial Drive, Peabody $19.2 Million (323,000 SF) 28 Damrell Street, Boston $5.46 Million (100,000 SF) & 46 Manning Road, Billerica $6.9 Million ( 87,301 SF) 14 Linden Street, Allston $4.8 Million (59,000 SF) 580 Pleasant Street, Watertown, MA $6.5 Million (168,000)

38 SALES HIGHLIGHTS INDUSTRIAL / R&D 460 Elm St. Manchester, NH $5.6 Million (109,000 SF) 117 Eastman St. Easton, MA $2.525 Million (50,000 SF) 77 Rowe Street, Newton $4.6 Million (45,800 SF) 11 Forbes Road, Northborough $11.5 Million (211,600 SF) 75 Campanelli Parkway, Stoughton $4.5 Million (65,000 SF) 320 Hamilton Street, Leominster $3.2 Million (210,000 SF) 77 Green Street, Foxborough $2.5 Million (38,400 SF) South Street, Holbrook $2.5 Million (97,996 SF) 290 Pine Street, Canton $2.1 Million (65,200 SF)

39 SALES HIGHLIGHTS MIXED USE / SPECIAL USE 2185 Washington Street, Roxbury $3.2 Million (40,000 SF renovation) Spencer Avenue, Chelsea $2.65 Million (112,000 SF Mill Renovation) 1841 Trapelo Road, Chelsea $3 Million (50,000 SF nursing home) 1 Washington Street, Taunton $4.2 Million (100,000 SF Mixed Use) Bradford College, Haverhill $10 Million (352,00 SF college) Beacon & Armory St., Brookline $2.5 Million (Condo Conversion) 1900 Mass Ave., Cambridge $1.65 Million (11,300 SF Renovation) Alpine Village, Mattapan 1.5 Million (40,000 SF Nursing Home) Beacon & Centre Street, Brookline $2.6 Million (Renovation Project)

40 SALES HIGHLIGHTS MIXED USE / SPECIAL USE 123 Newbury St., Boston $4.3 Million (6,724 SF mixed-use) 55 Tower Road, Newton $11.6 Million (256,000 SF - redevelopment) 79 Newbury Street, Boston $3.025 Million (vacant mixed use) 28 Myrtle Street, Boston $1.315 Million (9 unit Mixed Use) 7-17 Charles Street, Boston $6.5 Million (19,900 SF mixed-use) Newbury St., Boston $4.5 Million (Mixed-Use /Shell) 40 Warren Street, Charlestown $2.75 Million (garage/redevelopment) Lincoln & Walnut St., Newton $2.8 Million (19,623 SF mixed-use) 961 Commonwealth Ave., Boston $2.5 Million (15,500 SF)

41 SALES HIGHLIGHTS MIXED USE / SPECIAL USE Waltham Street, Lexington $3.125 Million (15,000 SF mixed-use) Archdiocese Portfolio, Chelsea $3.3 Million (60,000 SF - redevelopment) 2401 Revere Beach Pkwy, Everett $5.2 Million (112,600 SF - redevelopment) 899 Boylston Street, Boston $5 Million (17,808 SF mixed-use) Gillette Building, Isleworth, UK $31.85 Million (300,000 SF redevelopment) 966 Park Street, Stoughton $2.8 Million (41,790 SF medical office) Fine Hotels, Boxboro, Worcester $7.8 Million (285 rooms/2 hotels) 190 Cummins Hwy, Roslindale $5 Million (77,000 SF charter school) 867 Boylston Street, Boston $5.9 Million (30,720 SF mixed-use)

42 SALES HIGHLIGHTS RETAIL Staples, Westerly, RI $4 Million (24,049 SF) Sports Authority, Braintree $9.7 Million (42,958 SF) Fieldstone Marketplace, New Bedford $15.6 Million (188,946 SF) Flint Village Plaza, Fall River $4.725 Million (45,000 SF) The Center at Keene, Keene, NH $6.7 Million (100,000 SF) Amherst Plaza, Amherst, NH $3.4 Million (44,000 SF) Thornes Marketplace, Northampton $6.4 Million (78,000 SF) Centre Street Village, Danvers $4.375 Million (27,315 SF) McDonnell Plaza, Randolph $2.1 Million (22,072 SF)

43 SALES HIGHLIGHTS RETAIL 659 Worcester Road, Framingham $8.2 Million (39,600 SF) Winchendon Plaza, Winchendon $1.925 Million (30,000 SF) Wachusett Plaza, West Boylston $3.5 Million (106,036 SF) Oak Village Crossing, Brockton $3.1 Million (30,000 SF) North Attleboro Shopping Center $17.1 Million (120,241 SF) Vinnin Square, Swampscott $3.5 Million (11,844 SF) Staples at Liberty Tree Mall, Danvers $6.7 Million (30,000 SF) Colony Mill, Keene, NH $8.5 Million (130,044 SF) 505 Paradise Rd, Swampscott $4.13 Million (21,268 SF)

44 SALES HIGHLIGHTS RETAIL 1718 Mass Ave, Cambridge $6.6 Million (14,366 SF) BSC, 475 Bedford St, Lexington $9.75 Million (71,000 SF) 2800 Lafayette Rd, Portsmouth, NH $5.9 Million (39,092 SF) 171 West St, Ware $6 Million (14,550 SF) Central St, Wellesley $22 Million (47,790 SF) Elliot St, Cambridge $5,19 Million (12,200 SF) 2035 Washington St, Hanover $6 Million (29,476 SF) 325 New State Hwy, Raynham $3.73 Million (20,594 SF) Essex St, Beverly $2.41 Million (8,400 SF)

45 SALES HIGHLIGHTS RETAIL Monson Plaza, Monson $5.9 Million (60,000 SF) Shaw s Plaza, Sharon $3.8 Million (103,000 SF) Walgreens Plaza, Malden $7.65 Million (24,000 SF) Downtown Crossing, Westborough $4.1 Million (55,727 SF) 57 JFK Street, Cambridge $7.5 Million (35,000 SF) Providence Hwy, Dedham $4.2 Million (20,000 SF) Adams Plaza, Malden $2.3 Million (20,753 SF) Walgreen s Plaza, Greenfield $5.71 Million (13,278 SF) Ranger Plaza, Methuen $5 Million (35,000 SF)

46 SALES HIGHLIGHTS MULTIFAMILY 65 Hemenway Street, Boston $2.435 Million (10 units) 384 Commonwealth Avenue, Boston $4.6 Million (21 units) 409 Marlborough St., Boston $7.95 Million (40 units) 191 Beacon Street, Boston $3 Million (12 units) 44 Concord Square, Boston 3 Million (16 units) South End Portfolio, Boston $11 Million (47 units) Portfolio, Boston $3.4 Million (3 shell bldgs 16,500 SF) 47 W. Cedar St., Boston, MA $1.8 Million (9 units) 314 Commonwealth Ave., Boston $6.1 Million (24K SF) Advisory role

47 SALES HIGHLIGHTS MULTIFAMILY Portfolio, South Shore $22.2 Million (300 units) 335 Franklin Street, Cambridge $11.3 Million (40 units) Royce Road, Allston $2 Million (39 units) 106 Tremont Street, Brighton $5 Million (55 units) Egremont & Cummings Rd., Brighton $8.3 Million (78 units) 1200 Mass Ave., Cambridge $11.75 Million (96 units) 392 Langley Road, Newton $4.8 Million (46 units) 217 Kent Street, Brookline, MA $4.9 Million (23 units) 3 Carol Avenue, Brighton $4.25 Million (54 units)

48 SALES HIGHLIGHTS MULTIFAMILY Worcester Commons, Worcester, MA $14.1 Million (278 units + commercial) Portfolio, Lynn $6.2 Million (95 units) Yorkshire Court, Shrewsbury $14.3 Million / (180 units) 98 Washington Sq,. Salem $2.3 million (27 units) Town Lyne Village, Clinton $16.5 Million (193 units) Valley Grove, Manchester, NH $5.1 Million (96 units) Portfolio - Framingham & Westboro $5.1 Million (72 units) Wood Way, Lawrence $3.104 million (42 units) Edgehill Apartments, Nahant $3.525 million (40 units)

49 SALES HIGHLIGHTS MULTIFAMILY Stevens St. Lowell $3.225 Million (35 units) Portfolio, Hudson $3.4 Million (47 units) Armory Commons, Springfield $6.5 Million (250 units) Folly Hill Apartments, Beverly $35 Million (252 units) Hyannis House Apartments, Hyannis $11 Million (111 units) Washington St, Norwood, MA $3.6 Million (30 units) Surfside Apartment Lynn $7 Million (68 units) Portfolio Marlboro/Maynard $4.6 Million (57 units) 14 Thompson Drive, Randolph $2.95 Million (24 units)

50 SALES HIGHLIGHTS MULTIFAMILY 430 River Street, Mattapan $2.32 Million (32 units) Mt. Vernon St, Somerville $2.5 Million (23 units) Newbury & Greenleaf, Quincy $4.9 Million (42 units / 2 bldgs) 56 Gardner Street, Allston $2.25 Million (17 units) Nazing Court Apartments, Roxbury $9.4 Million (150 units) 445 Washington St. Brighton $2.4 Million (15 units) Parkway Manor, Roslindale $3.3 Million (26 units) Salem St. Medford $2 Million (24 units) 1379 Commonwealth Ave., Allston $1.675 Million (12 units)

51 SALES HIGHLIGHTS LAND Washington St., Boston $26 Million (40,000 SF lot) Centennial Park, Peabody Numerous Sites (300-acre off/industrial park) InWood Park, Woburn, MA $17.5M (55.6 acres - permitted for 480 units) Myles Standish Park, Taunton 135 acres sold ( ) Devens Exclusive Agent (4,400 acre Community) Riverfront Office Park, Lawrence Marketing 3 Parcels of over 20 acres Freedom Way, Franklin $1.8 Million (17 acres) Stuart Street, Boston $10 Million Marketing (18,589 SF lot + bldg) Bradford College, Haverhill $10 Million (47 acres + main campus)

52 Volume $1,132,497,478 SALES VOLUME YTD Transactions 288 Address City ST Property Type Date Price Brook Street Acton MA Apartments 4/24/2008 $4,575,000 Third Ave, Units 300 East & Center Charlestown MA Office Condo 4/25/2008 $1,090,000 Third Ave. Unit # 100 East Charlestown MA Office Condo 4/24/2008 $654, Third Avenue, Unit #100 West Charlestown MA Office Condo 4/17/2008 $653, Pearl Street Brockton MA Industrial / R&D 3/31/2008 $4,920, State Street, Unit 10 Boston MA Office Condo 3/31/2008 $975, Broadway & 112 Surtleff St Chelsea MA Apartments 3/17/2008 $860, High Street Charlestown MA Retail 2/27/2008 $1,500, Putnam Avenue Marston Mills MA Retail 2/21/2008 $2,295, Main Street Brockton MA Retail 2/14/2008 $3,700, Middlesex Turnpike (Lot 1) Billerica MA Land 1/31/2008 $1,041, Berlin Street Clinton MA Apartments 1/29/2008 $16,650, Westminster Street Providence RI Office 1/24/2008 $33,000, North Street Hyannis MA Retail 1/23/2008 $3,195, & 54 Bay State Road Cambridge MA Office 1/17/2008 $832, Chestnut Street Foxborough MA Apartments 1/3/2008 $7,150, Hancock Street Quincy MA Mixed Use /Special Use 12/21/2007 $1,300, Devonshire Street #600 Boston MA Office Condo 12/17/2007 $451, Massachusetts Avenue Boxborough MA Retail 12/14/2007 $2,400, Essex Street Salem MA Apartments 12/13/2007 $1,000, Central Street Hudson MA Industrial / R&D 12/4/2007 $3,226, Central Street Hudson MA Industrial / R&D 12/4/2007 $3,226, Union Street West Springfield MA Office 11/30/2007 $2,000, Middlesex Street Lowell MA Industrial / R&D 11/9/2007 $930, Second Avenue Waltham MA Office 11/7/2007 $2,525, Rogers Road (1A & B) Cambridge MA Office Condo 11/5/2007 $1,100, Pulaski Street Peabody MA Apartments 10/31/2007 $5,160, Third Street (Bldg 38) 300 West Charlestown MA Office Condo 10/30/2007 $419, Devonshire, Unit #600 Boston MA Office Condo 10/19/2007 $1,205, Elm Street Milford NH Retail 10/15/2007 $1,910, Devonshire, Unit #1000 Boston MA Office Condo 9/28/2007 $575, Alpha Road Chelmsford MA Industrial / R&D 9/27/2007 $1,100, Sutton Street North Andover MA Apartments 9/26/2007 $2,490,000 Information furnished regarding property for sale is from sources deemed reliable, but no warranty or representation is made as to the accuracy contained therein, and same is submitted subject to errors and omissions.

53 Volume $1,132,497,478 SALES VOLUME YTD Transactions 288 Address City ST Property Type Date Price 5 Suburban Park Drive Billerica MA Industrial / R&D 9/11/2007 $2,200, Lomar Park Drive Pepperell MA Industrial / R&D 8/30/2007 $600, Concord Avenue Cambridge MA Office 8/22/2007 $910, Freemont Street Needham MA Industrial / R&D 8/17/2007 $580, Kingsley Terrace Lynn MA Apartments 8/6/2007 $2,675, Cedar Street Milford MA Industrial / R&D 7/31/2007 $2,450, Devonshire Street Boston MA Office Condo 7/27/2007 $1,306, Mass Ave. Arlington MA Apartments 7/13/2007 $2,900, City Square Charlestown MA Office 7/12/2007 $11,500,000 1 Industrial Drive Danvers MA Industrial / R&D 7/12/2007 $2,950, Central Street Wellesley MA Retail 7/2/2007 $22,000, Devonshire Boston MA Office Condo 6/29/2007 $1,136, Devonshire Boston MA Office Condo 6/28/2007 $698, Devonshire Boston MA Office Condo 6/28/2007 $1,306, Massachusetts Avenue Cambridge MA Retail 6/25/2007 $6,615, Eliot Street Cambridge MA Retail 6/25/2007 $5,199, Parkman & 110 Babcock Street Brookline MA Apartments 6/15/2007 $18,100, Andover Street Lawrence MA Office 6/15/2007 $1,377, Webster Street Cambridge MA Apartments 6/12/2007 $2,150, Third Avenue Charlestown MA Office 5/31/2007 $1,499,316 3 St. Charles Street Boston MA Apartments 5/29/2007 $1,350, Middlesex Turnpike Billerica MA Industrial / R&D 5/25/2007 $2,066, Main Street Shrewsbury MA Office 5/11/2007 $3,200, Rogers Road Cambridge MA Office 5/9/2007 $775,000 Grant Road Devens MA Land 5/8/2007 $73, Essex Street Beverly MA Retail 5/4/2007 $2,412, Marlborough Street Boston MA Apartments 5/3/2007 $4,650,000 9 Centennial & 10 Techonoloy Drive Peabody MA Office 5/2/2007 $12,100, Crescent Street Waltham MA Office 5/1/2007 $6,000, Tozer Road Beverly MA Office 4/20/2007 $3,400, N-4W NWC Memorial & McArthur Oklahoma City OK Land 4/20/2007 $3,499, Charter Street Boston MA Apartments 4/13/2007 $1,755,000 Information furnished regarding property for sale is from sources deemed reliable, but no warranty or representation is made as to the accuracy contained therein, and same is submitted subject to errors and omissions.

54 Volume $1,132,497,478 SALES VOLUME YTD Transactions 288 Address City ST Property Type Date Price 18 Exeter Street Boston MA Apartments 4/10/2007 $3,201, Newbury Street Boston MA Mixed Use /Special Use 4/5/2007 $3,500, Newbury Street Boston MA Mixed Use /Special Use 4/5/2007 $6,100, New State Highway Raynham MA Retail 4/3/2007 $3,737, Birch Street Cambridge MA Office 3/29/2007 $469, Myrtle Street Boston MA Apartments 3/21/2007 $2,136, South Main Street Mansfield MA Office 3/6/2007 $6,765, McGregor Street Manchester NH Mixed Use /Special Use 3/2/2007 $16,003, Spencer Avenue Chelsea MA Land 2/28/2007 $1,700, Bedford Street Lexington MA Retail 2/28/2007 $9,750, South Common Street Lynn MA Apartments 2/23/2007 $4,575, Pelham Road Salem NH Land 2/13/2007 $250, Upton Drive Wilmington MA Industrial / R&D 2/5/2007 $4,000, Turnpike Road Southborough MA Office 1/19/2007 $5,200, Massachusetts Avenue Cambridge MA Mixed Use /Special Use 1/10/2007 $2,225,000 7 Midstate Drive Auburn MA Office 1/9/2007 $1,675, Middlesex Turnpike Bedford MA Office 12/29/2006 $4,340, Baystate Road Cambridge MA Office 12/27/2006 $1,100, South Street Boston MA Office 12/22/2006 $8,000, Main Street Soutbridge MA Office 12/15/2006 $330, River Street Hyde Park MA Mixed Use /Special Use 11/27/2006 $5,000,000 Land Sale Devens MA Land 11/24/2006 $3,652,500 Teaticket Highway Falmouth MA Retail 11/17/2006 $1,400, Highland Avenue Salem MA Retail 11/17/2006 $1,450, Eastman Street Easton MA Industrial / R&D 11/9/2006 $1,500, Oak Park Bedford MA Office 11/2/2006 $6,300, Chester Street Allston MA Apartments 10/24/2006 $1,850, West Street Ware MA Retail 10/13/2006 $6,000, & 36 Gloucester Street Boston MA Mixed Use /Special Use 10/12/2006 $6,500, Washington Street Hanover MA Retail 10/6/2006 $6,000, Lafayette Road Portsmouth NH Retail 9/22/2006 $5,900, Pine Street Florence MA Office 9/1/2006 $2,137,662 Information furnished regarding property for sale is from sources deemed reliable, but no warranty or representation is made as to the accuracy contained therein, and same is submitted subject to errors and omissions.

55 Volume $1,132,497,478 SALES VOLUME YTD Transactions 288 Address City ST Property Type Date Price Calef Highway Epping NH Land 8/29/2006 $750, University Avenue Norwood MA Office 8/14/2006 $9,400, Cowesett Road West Warwick RI Apartments 7/20/2006 $7,500,000 1 Jackson Place Devens MA Office 7/17/2006 $2,675, Hemenway Street Boston MA Apartments 7/7/2006 $2,435, MacArthur Devens MA Office 7/5/2006 $218, Commercial Street Medford MA Industrial / R&D 7/5/2006 $1,700, Mt. Auburn Street Cambridge MA Mixed Use /Special Use 6/21/2006 $3,312,750 8 Charlestown Street Devens MA Industrial / R&D 6/16/2006 $1,025, Main Street Westfield MA Apartments 6/16/2006 $2,900, Main Street Monson MA Retail 6/9/2006 $5,900, Union Street Franklin MA Retail 6/6/2006 $3,575, North Milford Road Milford MA Retail 6/1/2006 $3,500, Main Street Northampton MA Retail 6/1/2006 $6,400,000 Philips Road New Bedford MA Land 5/10/2006 $400, Nahant Road Nahant MA Apartments 5/1/2006 $3,525, Theodore Rice Blvd. New Bedford MA Industrial / R&D 5/1/2006 $2,400,000 Lot 6B Devens MA Land 4/28/2006 $328, Lafeyette Road Hampton NH Retail 4/28/2006 $1,725, nd Avenue Waltham MA Industrial / R&D 4/28/2006 $4,230, Tenean Street Dorchester MA Industrial / R&D 4/26/2006 $3,550, South Willow Street Manchester NH Retail 4/25/2006 $1,875, Acre Site Gloucester City NJ Land 4/14/2006 $1,400, Forest Street Marlborough MA Office 4/14/2006 $4,770, Deere Road Syracuse NY Industrial / R&D 4/13/2006 $4,406, Green Street Foxborough MA Industrial / R&D 4/3/2006 $3,000,000 Lot 9 Devens MA Land 3/31/2006 $1,221, Broadway Chelsea MA Office 3/30/2006 $4,000, Montgomery Street Boston MA Apartments 3/21/2006 $950, Newbury Turnpike Rowley MA Land 3/2/2006 $850, Newbury Turnpike Rowley MA Industrial / R&D 3/2/2006 $5,500, Princeton Street Chelmsford MA Apartments 2/28/2006 $1,600, Beacon Street Boston MA Apartments 2/27/2006 $3,000,000 Information furnished regarding property for sale is from sources deemed reliable, but no warranty or representation is made as to the accuracy contained therein, and same is submitted subject to errors and omissions.