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April 10, 2023

Boston developer buys Framingham mixed-use block for $5M

A red brick building and a white-sided building with retail on the first floor. Photo | Google Maps Framingham buildings purchased on March 31.

Three mixed-use properties in downtown Framingham, including the former Odd Fellows Hall, were sold to a Boston-based company for $5 million.

The purchasing entity is registered to Boston-based Greenville Real Estate Group owner Alexander Kuritnik. An inquiry to Greenville Real Estate Group about plans for the property was not answered. On its website, Greenville describes itself as a real estate development and property management company, and its portfolio includes the 181-apartment complex The Onyx in Lynn and the 40-condominium complex Union Square Residences in Somerville.

The developer purchased 40, 56, and 70 Hollis St. on March 31 from Hollis Street Trust, according to the Middlesex South Registry of Deeds.

The properties were acquired in 1970 and 1981 by Hollis Street Trust.

The seller was represented by Ryan Benton, Dennis Kelleher, and John Pentore of Lynnfield-based Horvath & Tremblay, who also procured the buyer to complete the transaction.

The City of Framingham assesses the properties for a combined $2.7 million.

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