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Worth Avenue Capital, LLC closes a $250,000 commercial loan

Norwalk, CT Worth Avenue Capital, LLC (WAC) closed a $250,000 commercial loan to a builder/real estate developer in Fairfield County. The loan proceeds are being used to complete the construction of a duplex. The loan is secured by a blanket mortgage on three separate pieces of real estate

The Hamilton Co. renovates 2 Union Sq. in Somerville, MA - signs Urban Axes to the now-renovated 7,400 s/f building

Somerville, MA For many years Harold Brown, whose 64-year-old Hamilton Co. owns two million s/f of commercial real estate in Greater Boston, had been eying Union Sq. as an area poised for new growth. So when a soon-to-be abandoned warehouse and parking lot at 2 Union Sq. became available in late 2013, Harold Brown, now 93, and his son Jameson, Hamilton’s CEO, didn’t hesitate to buy the 15,600 s/f property for $1.9 million.

Bulfinch begins construction of 270,000 s/f lab/office building at 400-500 Cambridge Discovery Park

Cambridge, MA According to Bulfinch, construction is underway at 400-500 Cambridge Discovery Park, a new 270,000 s/f class A lab, R&D and office development at Cambridge Discovery Park (CDP). The six-story building with two separate bases and a connector on the third through sixth floors over the private Discovery Way Dr. at CDP is designed for complete end user flexibility on this final CDP development site with unobstructed views of the city.

Herrick Lutts Realty Partners broker $750,000 sale of 5,796 s/f office building

Salem, MA Peter Lutts and Paul Herrick of Herrick Lutts Realty Partners represented the sellers and procured the buyer in the $750,000 sale of 30 Federal St. 

HFF completes sale of the 107-room Nantasket Beach Resort in Hull, MA

Hull, MA Holliday Fenoglio Fowler, L.P. (HFF) completed the sale of the 107-room Nantasket Beach Resort. The sale price was not disclos...

Eastern Real Estate opens corporate headquarters in the Seaport District

Boston, MA Eastern Real Estate has moved to One Marina Park Dr. in the Seaport District. Known across the industry for developing and revita...

BSC Group promote Biancavilla and Ewald

Boston, MA BSC Group has promoted David Biancavilla, PE, LEED AP and Sean Ewald, PLS to the position of principal.  Biancavilla is a...

Massachusetts life science funding has banner year - by Liz Berthelette

Funding is a key driver of economic growth as well as an important indicator for commercial space needs. This is particularly true within the life science industry as initial public offerings and other key funding rounds generally preface expansions in the marketplace.

Greater Boston commercial market remains robust - by Rob Nahigian and Bob Cleary

While other U.S. cities have demonstrated volatile economic markets, Boston has sustained a strong, healthy economy for more than 40 years. This economic health coupled with the city’s diversity of industries has had a lasting, positive impact and increased demand for commercial space.

Oxford Properties Group purchases 195-unit Serenity apartment building from Longwood Group for $123.25 million

Boston, MA Newmark Knight Frank (NKF) has completed the $123.25 million sale of Serenity, located at 101 S. Huntington Ave., to Oxford Properties Group. On behalf of Longwood Group, executive managing director Michael Byrne, managing director Thomas Greeley, associate Casey Griffin, director Devlin Man and senior financial analyst Andrew Herald of NKF’s Boston Capital Markets team oversaw the transaction of the 195-unit apartment building.