Business

Warehouse off Pleasant Street Renovated and Sold for $15 Million

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Calare Properties (Calare), a private Massachusetts-based real estate investment firm and operator, announced that it has sold 20 Seyon Street in Watertown, Mass. for $15 million, with 100 percent of the 94,268 SF property leased through January 2024. Calare sent out the following press release:

Calare purchased the warehouse distribution facility, located on 5-acres of land, in 2015 with a strategic plan to increase asset value through capital improvements and lease extensions. The property is located in immediate proximity to Interstates 90 and 95 within a thriving mixed-use corridor home to national retailers and several Class A apartment and condominium communities. “20 Seyon Street’s position in a high-demand warehouse and flex market, coupled with the attractive features of the site, established this property as a prime investment for Calare’s industrial focused investment strategy in the market,” said Todd Barclay VP of Acquisitions.

Real Estate

A Whopping 31 Open Houses Around Watertown This Weekend

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Home seekers have an enormous choice of properties to visit this weekend in Watertown. $799,900 – 13-15 Lawrence St., 2 unit, 14 total room, 6 total bedroom 2 family, Open Houses: Saturday 12-2 Sunday 11:30-1:30

$829,000 – 92 Standish Road, 9 room, 3 bed, 1.5 bath colonial, Open Houses: Saturday 12-1:30 Sunday 12-1:30

$749,000 – 227 Orchard St., 10 room, 4 bed, 2.5 bath colonial, Open Houses: Saturday 11-1 Sunday 12-2

$523,000 – 11 Nichols Ave. Unit 1, 5 room, 2 bed, 1.5 bath other, Open House: Saturday 12-2

$539,100 – 11 Nichols Ave. Unit 2, 5 room, 3 bed, 1.5 bath other, Open House: Saturday 12-2

$599,900 – 19 Warren St., 7 room, 3 bed, 2.5 bath cape, Open Houses: Saturday 11-1 Sunday 11-1

$479,000 – 15 Grandview Ave. Unit 15, 7 room, 3 bed, 1.5 bath townhouse, Open Houses: Saturday 2-3:30 Sunday 2-3:30

$509,999 – 55 Dexter Ave.

Business

Watertown-Belmont Chamber Announces New Co-Presidents

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The Watertown-Belmont Chamber of Commerce announced some changes made over the summer. 
The Chamber sent out the following letter:

We are writing to keep you up to date with changes at the Chamber. Carolyn Zaleski has stepped down as Chamber president to have time to devote to new opportunities. We thank her for her leadership. New co-presidents are Bob Airasian, realtor with William Raveis Real Estate, and Mike Albano, Executive Vice President & CFO with Mount Auburn Cemetery. Both are past presidents. Paul Airasian is leading community relations for the Chamber. As we transition to new shared space at Mount Auburn Cemetery, 14 Sawin Street, in Watertown, please do not hesitate to contact us with any of your needs by calling the Chamber telephone number at (617) 926-1017, leave a message and we will return your call.  Also, before visiting the shared location, an appointment is required and can be made by calling or sending an email.

Real Estate

Two Properties in Watertown Sold this Week

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These properties sold in Watertown this week. $485,000 – 196 Watertown St. Unit 196, 8 room, 3 bedroom, 1 full bathroom, 2/3 Family condo/townhouse

$385,000 – 31 Aldrich Road Unit 2, 4 room, 2 bedroom, 1 full bathroom, Low-Rise condo/townhouse

Sponsored by:

Real Estate

A Huge Number of Open Houses Around Watertown This Week

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More than 25 properties are having open houses this weekend in Watertown. $586,500 – 478-480 Main St. Unit 478, 9 room, 4 bed, 2 bath townhouse, Open Houses: Saturday 11:30-1:30 Sunday 1-2:30

$586,500 – 478 Main St., 9 room, 4 bed, 2 bath colonial, Open Houses: Saturday 11:30-1:30 Sunday 1-2:30

$850,000 – 174 Edenfield Ave., 6 room, 5 bed, 4.5 bath colonial, Open Houses: Saturday 1-2:30 Sunday 12-1

$500,000 – 36 Salisbury Road Unit 36, 6 room, 2 bed, 1 bath 2/3 family, Open Houses: Saturday 11:30-1 Sunday 11:30-1

$499,900 – 183 Lexington St. Unit 183, 7 room, 2 bed, 1.5 bath low-rise, Open Houses: Saturday 12-2 Sunday 12-2

$329,000 – 106 Mount Auburn St. Unit 2, 4 room, 1 bed, 1 bath townhouse, Open Houses: Friday 5-6 Saturday 12-1:30 Sunday 12-1:30

$639,000 – 12 Bacon St.

Business

Tufts Health Plan Pledges to Advance Diversity and Inclusion in the Workplace

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Tufts Health Plan’s president and CEO Tom Croswell has joined a growing coalition of CEOs across the U.S. pledging to advance diversity and inclusion in the workplace, the company announce in a press release. Croswell joins more than 270 CEOs nationwide committing themselves – and the organizations they lead – to take action to cultivate a workplace where diverse perspectives and experiences are welcomed and respected, and where employees feel encouraged to discuss diversity and inclusion. 
“Inclusion has the power to generate opportunities where none previously existed – it can lead to innovation, in business, and in our personal lives,” said Tom Croswell, Tufts Health Plan president and CEO. “It also can help to lessen or eliminate health or cultural disparities. For those reasons and more it’s why we at Tufts Health Plan are passionate about it.”
Croswell continued, “We can’t do this work by ourselves. All of us together – through creative partnerships, hard work, and full on community engagement – can make it happen.

Real Estate

See the Seven Homes That Sold This Week in Watertown

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Here are the Watertown homes that sold this week. $530,000 – 52 Edward Road, 7 room, 3 bedroom, 1 full bathroom, Cape single-family home

$875,000 – 200 Westminster Ave. Unit 1, 8 room, 3 bedroom, 3 full & 1 half bathroom, Townhouse condo/townhouse

$655,000 – 108 Morse St. Unit 108, 9 room, 4 bedroom, 2 full bathroom, Townhouse condo/townhous

$860,000 – 11 Capitol St., 8 room, 4 bedroom, 2 full bathroom, Colonial single-family home

Sponsored by:

$550,000 – 278 Mount Auburn St. Unit 278, 4 room, 2 bedroom, 1 full & 1 half bathroom, Townhouse condo/townhouse

$650,000 – 9-11 Dunton Road, 2 unit, 11 total room, 4 total bedroom, 2 Family – 2 Units Up/Down multi-family home

$640,000 – 37 Lowell Ave., 7 room, 3 bedroom, 3 full bathroom, Colonial single-family home