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NEREJ hosts South of Boston Summit on March 20th at The Lantana, Randolph

Randolph, MA The New England Real Estate Journal held its South of Boston Summit on March 20<sup>th</sup> at The Lantana, 43 Scanlon Dr. in Randolph, Mass., with the South Shore Chamber of Commerce and the South Shore Economic Development Corp. Over 250 people were in attendance.

Griffith, Pepdjonovic and Buckley of Marcus & Millichap broker two sales totaling $4.575m

North Providence, RI Marcus & Millichap completed the sale of 139-143 Hollis St., a 22-unit apartment building located in Framingham, Mass., and 1484 Mineral Springs Ave., a single tenant net leased Dunkin Donuts located in North Providence.

National Development/Charles River Realty
Investors acquires 116,490 s/f 20 Cabot Rd. for $31.7 million

Medford, MA National Development/Charles River Realty Investors has finalized the purchase of 20 Cabot Rd. from Citizens Bank. According to public record the property sold for $31.7 million.

Angel Commercial, LLC handles 3,976 s/f lease to FujiFilm North America Group

Trumbull, CT FujiFilm North America Group has leased 3,976 s/f of office/flex space at 204 Spring Hill Rd., according to Jon Angel, president of Angel Commercial, LLC. They will be relocating from Norwalk, Conn.

Nothing beats a great shopping center - by Carol Todreas

There is nothing like a great shopping center. By “great” and “shopping center,” I mean a pedestrian-scaled development with streets, sidewalks, street side and garage parking with a careful selection of relatively small stores and restaurants.

Modular construction: Why today’s developers are moving to modular - by Harry Wheeler

As an industry, we continue to adapt to the changing consumer landscape and seek out new design and construction trends. Hotel developers today experience escalated land and construction costs, diminishing quality, and lengthy time lines.

Chozick and Pappas of Chozick Realty facilitate $7.5 million sale

East Hartford, CT Rick Chozick and Steve Pappas of Chozick Realty Inc., have facilitated the sale of 90 condominium units located within a 100-unit complex. The 90 units fetched a price of $7.5 million or $83,333 per unit.

Michael Fallon named president of The Fallon Cos.

Boston, MA According to The Fallon Co., Michael Fallon has been named president. In his new role, Michael will be responsible for the strategic direction and growth of the firm across its expanding national footprint

BioMed Realty signs Cyclerion Therapeutics to
114,454 s/f lease at 301 Binney St. in East Cambridge, Mass.

East Cambridge, MA According to BioMed Realty, Cyclerion Therapeutics, Inc., which completed a tax-free public spin-off from Ironwood Pharmaceuticals on April 1, has entered into a long-term lease agreement to occupy 114,454 s/f at 301 Binney St.

AmeriCann completes greenhouse structure at Mass. Cannabis Center

Freetown, MA AmeriCann, Inc., a cannabis company that is developing cultivation, processing and product manufacturing facilities, has completed the greenhouse exterior of Building 1 at the Massachusetts Cannabis Center (MCC).