Boston & New England CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Boston & New England  + Massachusetts  + Apartments  | 

Calare Properties Sells 6-Acre Site in Stoneham 

Calare Properties has sold a 5.63-acre site suitable for multi-family development in Stoneham, Massachusetts. The site, which includes a warehouse/office building, a garage, and parking spaces, was sold to a national apartment developer. The price was not disclosed. 

Located at 95 Maple St, Calare purchased the property in 2020 and worked on re-permitting efforts to allow for multi-family housing development. The proposed plans for the site include approximately 270 residential units.  

“When Calare purchased 95 Maple three years ago, we recognized the incredible opportunity available at this site, which offers a highly desirable location for a range of users and optionality for future development,” said Tim Collis, VP of acquisitions at Calare.  


Inside The Story

Tim Collis

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

  • ◦Sale/Acquisition
New call-to-action
New call-to-action