"These buildings are located in one of the North Shore's mostattractive business parks and offer immense future investmentpotential," says NAI Hunneman Commercial Co. EVP Peter Benke, whorepresented the seller along with NAI Hunneman colleagues JeffreyBecker, Dan McGee and David Ross. The buyer negotiated terms for 9Centennial Dr. and 10 Technology Dr. in-house. Both buildings arein Centennial Park, among the first master-planned business centersever developed in suburban Boston, with a location just off Route128.

The larger and newer of the assets acquired by B&H is 9Centennial Dr., a two-story, 75,000-sf flex/office building thatcame on line in 1986. The companion structure is a 27-year-old,single-story facility featuring 51,000 sf suitable as distribution,flex or light manufacturing space. There was no breakdown of whateach property traded for, but the overall total was about $96 persf.

JMS Realty Trust is operated by James Salah, a veteran developeractive in Massachusetts during the 1980s who has since relocated toBoca Raton, FL. B&H Peabody Properties is a new arrival in themarket, with Yair Hadar of Brookline listed as manager. The entity,which seeks to engage in various real estate investments, wasformed in late April along with a second company, PeabodyProperties LLC.

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