Front Section

The Stubblebine Company finalizes 56,000 s/f lease to Compass Packaging

Billerica, MA David and James Stubblebine, principals of The Stubblebine Co., and Ellen Garthoff, senior advisor, leased 56,000 s/f to Compass Packaging at 159 Rangeway Rd.

Alexandria, Acadia and Starwood win top Nareit Investor CARE Awards

New York, NY Nareit named the winners of its 2019 Investor CARE Awards at its annual REITweek investor forum. The Investor CARE Awards – recognizing communications and reporting excellence – are presented annually to the stock exchange traded REITs

Corigin Real Estate purchases Village at Cedar Heights for $15 million - Colliers represents seller, Turner Brothers

Mansfield, MA Colliers International’s Multi-Family Advisory Group represented south suburban owner/developer/construction group, Turner Brothers, in the sale of the Village at Cedar Heights.

Ellis Realty Advisors forms strategic partnership with The Business Exchange

Braintree, MA David Ellis, president of Ellis Realty Advisors and Adam Bauer, president of The Business Exchange, have formed a strategic partnership of their respective companies.

Greystar appoints Kerr as new managing director of development for New England

Boston, MA According to Greystar, Gary Kerr has been hired as managing director of development. In this role, Kerr will be responsible for managing new development projects in New England and expanding the development pipeline for Greystarin Mass., N.Y., Conn., R.I., Maine, N.H. and Vermont.

Wettenstein of Vidal/Wettenstein leases 5,745 s/f to American Advanced Automation Co.

Stratford, CT According to Bruce Wettenstein, SIOR, partner with Vidal/Wettenstein, American Advanced Automation Co. will be relocating to 190 Charles St. The 5,745 s/f lease was culminated to accommodate American Advanced Automations

Affordable housing challenges - by Jonathan Avery

There can be little doubt that a major headwind to our current strong economy is the lack of a sustaining supply of housing which is affordable to our current and future workforce. Much has been written and debated about how to meet this challenge. 

HFF closes sale and financing of Williams St. portfolio

Roxbury, MA Holliday Fenoglio Fowler, L.P. (HFF) has closed the sale and financing of The Williams Street portfolio, a renovated, three-building brownstone portfolio.

Integrated Builders selected to build 120,000 s/f self-storage facility on behalf of owner, Jumbo Self Storage, LLC

Stoneham, MA Integrated Builders has been selected as the construction manager for a 120,000 s/f self-storage facility. The work will be performed on behalf of owner, Jumbo Self Storage, LLC.

Northland Residential Corp. receives town approval for Wolcott Woods

Milton, MA Northland Residential Corp. has received approvals to develop Wolcott Woods, an age-restricted townhome community on 47-acres off of Canton Ave. The necessary entitlements were granted in accordance