Home About Archives RSS Feed

Walmart Buys Curran Highway Site for $7.35M

Staff Reports
iBerkshires Staff
NORTH ADAMS, Mass. — The final step in the development of the Walmart Supercenter was completed in December with the sale of the former gravel bank on Curran Highway.

Wal-Mart Real Estate Business Trust bought the property and an adjacent parcel at 1519-1525 South State St. for $7.35 million on Dec 19.

The property includes the gravel bank on Curran Highway and land formerly used by Berkshire Concrete Co.

The retail giant filed plans for a 160,000 square foot store last fall but purchase of the 23 acres was put off until some site preparation and cleanup was completed. Buying the land means the company will begin construction soon.

BVS 5401 Investors LLC, developers for the shopping plaza, purchased the property from the city in 2007 for $700,000. The parcel was one of several bought by developers Nigro Development LLC of Albany, N.Y., and Starwood-Ceruzzi of Connecticut several years ago. Nigro has since dropped out, leaving Ceruzzi Properties of Fairfield, Conn., in control.

Ceruzzi, acting as BVS 5401 Investors LLC, also purchased the Dellaghelfa properties at 1519 South State St. and West Road for about $2.2 million in 2007, and the former North Adams Plaza in 2004 for $2.5 million.
30 Comments
     
News Headlines
Cultural Pittsfield This Week: Dec. 9-15
Time for a Year-end Investment Review
Williamstown Elementary School Committee Chairman Steps Down
Plunkett School Roof Project to Begin in Spring
Three Resign From Pittsfield's Board of Health
Pittsfield Brightens Up Sick Toddler's Day With Christmas Display
Cheshire Still Unclear On Select Board Increase Process
Greylock Youth Basketball Team Tops Lee
Pittsfield Observes Pearl Harbor Remembrance Day
North Adams Schools Find Taps With Elevated Levels of Lead, Copper

 


Bill Schmick separates the bull from the bears in his weekly columns on investing and market wrap-ups.



Categories:
advertising (10)
agriculture (1)
arts (7)
automotive (5)
awards (16)
banking (41)
Beacon (1)
broadband (1)
business (52)
chamber (25)
closing (5)
development (23)
dining (5)
domestic animals (2)
energy (6)
entertainment (2)
federal (4)
finances (5)
food (5)
fundraiser (3)
green (2)
grocery (5)
hospitality/hotel (5)
housing (0)
insurance (3)
investment (6)
jobs (35)
labor (17)
laws (4)
Legislature (3)
manufacturing (9)
media (8)
medical (4)
networking (33)
new (22)
pricing (1)
projects (2)
promotion (6)
publishing (13)
radio (2)
real estate (8)
retail (29)
technology (13)
training (5)
transportation (1)
volunteer (1)
website (2)
wholesale (7)
workshops (6)
Archives:
Tags:
Unemployment Baldwin Statistics Talkberkshires Merger Gas Prices Unemployment Crane & Co. Small Business Auction Qualprint Sales Tax Expansion Jobs Excelsior Berkshire Chamber Of Commerce Berkshire Living Great Barrington Currency Sabic State Social Media Pittsfield North Adams Bj's Adams Store Opening Statistics Williamstown Walmart Berkshire Enterprises Wmeco Breakfast Berkshire Creative Flood
Popular Entries:
Berkshire Jobless Rates Drop
Bay State Continues to Add Jobs
Excelsior Brings Greeting Card Co. To North Adams
Williamstown Chamber Seeks Input on Future Role
White Hart Inn For Sale for $5M
New Dog Training Center Open in North Adams
Aladco Installs New 'Green' Washing Machine
Storey Publishing to Host Next Creative Challenge
Covanta's Pittsfield Facility Gets High Marks from OSHA
Adams Co-Op, South Adams Bank Merger Approved
Recent Entries:
Biz Briefs: Mr. Tire, Tax Holiday, Business Directory
Berkshire Eagle Parent Mulling Newspaper Sales
Digitial First Puts Vermont News Buildings on the Market
Berkshire Chamber, Neal Hosting Facebook for Business Workshop
Winstanley Wins Big at Annual ADDY Awards
Eggs & Issues Event Focuses on Rail Cars, Development
State Unemployement Rate Drops Slightly
New Biotech Firm Setting Up in Pittsfield
Crane Museum Opens Retail Store
License Commission Approves River Street Package Move