"Developer Rocco Termini wants to convert the former Adam, Meldrum & Anderson Co. Inc. warehouse complex into market rate apartments.  Termini confirmed this week that he has put the five-story, 90,000 sq.ft. Washington Street building under contract.  The building is owned by New Horizons Acquisitions LLC, a Long Island company that bough the warehouse and the long-vacant former AM&A's flagship store on Main Street in 2006.  Termini did not reveal the price tag of the acquisition." Scott Allen of GAR Associates, Inc. is currently working on the appraisal for this property.

Business First
August 2008