December 27th, 2006

ESSEX RIVER VENTURES BUYS TWO CONNECTED OFFICE BUILDINGS IN BOSTON FOR $8 MILLION

Essex River Ventures, LLC, a Boston-based real estate investment and asset management firm, announced today that it has purchased two connected office buildings containing 63,154 square feet in Boston for $8 million. Cronus Capital L.P., a New York-based private-equity firm, is Essex’s equity partner in the deal.

December 27, 2006

LEATHER DISTRICT BUILDINGS BRING $8M

A Boston real estate firm yesterday rolled out plans to buy and fix up a six-story office property in the city’s Leather District. Essex River Ventures said it would spend $8 million to buy two connected buildings, 201-207 South St., currently home to Zoom Technologies Inc.

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Tuesday, December 26, 2006

Zoom Technologies sells its Leather District buildings to Essex River Ventures

Essex River Ventures LLC, a Boston real estate investment and asset management firm, has bought two connected Boston office buildings for $8 million.

December 27, 2006

Essex River Ventures Closes on $8M Buy

Essex River Ventures wrapped up its third Bay State buy this year with the $8-million acquisition of two connected buildings totaling 63,154 sf in the city’s Leather District. The 201-207 South St. property was sold by Zoom Electronics under a leaseback agreement that allows the seller to remain as a tenant in 25,200 sf of office space for the next two years.

August 15, 2006

Lexington Corporate Ctr. Trades for Nearly $50M

Normandy Real Estate Partners is making good on its vow to become a major player in the Boston market. The Morristown, NJ-based firm has acquired 1.4 million sf of real estate in Massachusetts since December, including the $47.5-million acquisition of the Lexington Corporate Center, which Normandy closed on just days ago.

August 2, 2006

Inner Tech Park Sale Nets $19M

Six weeks after Pinnacle Properties put the three-building, 160,000 sf Inner Tech Park on the market, the property has been sold for $19.4 million to Boston-based Essex River Ventures.

July 21, 2006

Fenton's journey leads to rebuilding his portfolio

A little more than three years ago, John Fenton left the Boston real estate company he helped start to take a monthlong trek through the Himalayan country of Bhutan. He emerged from Bhutan -- a remote, relatively unexplored country in the mountains between Tibet and Nepal -- an enlightened real estate guru.

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Sep 15, 2004

Lexington Corporate Center Sells for $35M

Nordic Properties and Berwind Property Group sell Lexington Corporate Center to Essex River Ventures for $35.3 million. The 285,000-sf property, which is situated on 20 acres, was redeveloped into office space by Nordic Properties when they purchased it from Litton Industries in 1997.