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NEI General Contracting’s Marcelli gives back through small contractors program

Boston, MA According to NEI General Contracting, its director of Northeast construction operations, Marc Marcelli, is donating his time to the Jamaica Plain Neighborhood Development Corp. (JPNDC) to assist minority business enterprises (MBE) and women-owned business enterprises (WBE).

MassHousing closes $9.1 million in financing to Chinese Economic Development Council for Oxford Place

Boston, MA MassHousing has closed on $9.1 million in financing to the Chinese Economic Development Council (CEDC), for the preservation of Oxford Place in Chinatown. As a result of the transaction, CEDC has extended the Section 8 Housing Assistance Payment contract at the 39-unit property for 20 years.

Hancock Associates hires Mazzarino as the firm’s new accounting manager

Danvers, MA Hancock Associates, a leading local provider of land surveying, civil engineering and wetland science services, has hired Tasney Mazzarino as the firm’s accounting manager.

Sciessent signs 12,000 s/f custom lab/office lease at Cummings Center

Beverly, MA Sciessent LLC, a 20 year Cummings Properties client, relocated its corporate headquarters and development center to a 12,000 s/f custom lab and office space at 100 Cummings Center. This space will operate as Sciessent’s innovation hub for its global business and offices.

Essential components of a professional insurance plan for professionals - by John Torvi

Even well-managed real estate practices can be victims of human error, allegations of malpractice, unhappy clients or just plain old bad luck. Protecting a business from the consequences of any of these requires an insurance program that best suits the needs of one’s practice.

Frozen pipes and what policyholders can do to prevent them from damaging your property - by Jonathan Berman

In the Northeast, winter months bring ice, snow, freezing cold temperatures, and insurance claims. Frozen pipes are one of the most common causes of winter related insurance claims. Fortunately, these types of insurance claims can be prevented.

Hope for the best. Prepare for the worst - The most common claims in real estate - by Spencer Macalaster

Many of us don’t think about what will or won’t be covered by insurance until it’s too late. Whether due to unexpected of catastrophic storms or less dramatic, relatively expected issues and incidents, buildings are susceptible to damages both inside and out.

How will my property insurance renewal be impacted by two years of record setting disasters? - Neil Doherty

2018 was the fourth costliest year on record for insured losses - 2017 was the second costliest year. Combined, 2017 ($140 billion) and 2018 ($90 billion), represent the most insured losses for back-to-back years on record.

Colliers International Boston’s Southwest team leases 164,000 s/f in Cabot Business Park's 575 West St. and 20 Cabot Blvd.

Mansfield, MA Colliers International Boston’s Southwest team signed three leases totaling 164,000 s/f in Cabot Business Park’s 575 West St. and 20 Cabot Blvd. The increasingly tight 495 South submarket, which lost half-million-s/f occupier, Covidien/Medtronic

The Dartmouth Co. brokers $51 million sale of 341 Newbury Street - exclusively represents the seller, Danker & Donohue Garage Corp.

Boston, MA The Dartmouth Co. has completed the sale of 341 Newbury St., located in the city’s Back Bay neighborhood. The Dartmouth Co. exclusively represented the seller, Danker & Donohue Garage Corp. and procured the buyer, who prefers to remain anonymous.