News: Owners Developers & Managers

NAI Hunneman's James, Boudrot, Gilkie, Gallagher hired as brokers

NAI Hunneman has been selected as the broker for the Edgewood Office Park, a 43-acre, build-to-suit development. The suburban office team from NAI Hunneman, Steve James, executive vice president/principal; James Boudrot, senior vice president; David Gilkie, senior vice president; and Evan Gallagher, senior associate, will be leading the leasing and marketing efforts for the office park. The team was chosen for their ability to identify large tenants and their regional expertise in leasing.  The NAI Hunneman suburban office team has been active this year. "Edgewood Office Park offers the first class office environment and the expansion opportunities that growing companies need," said Boudrot.  "The Gutierrez Co. has a history as an excellent landlord providing innovative solutions for their tenants." The Gutierrez Co. plans for Edgewood Office Park include a three-building, mixed-use, class A office complex totaling 600,000 s/f. "We are excited to be working with NAI Hunneman on this project," said Doug Fainelli, VP of development of The Gutierrez Co. "With the experience and success of the suburban team we anticipate moving forward on the Edgewood Office Park development in the coming months." The complex will be along Rte. 62, three miles from I-93 and I-95. and about one mile from the North Wilmington MBTA Commuter Rail stop.  Zoned for industrial and office use the overall site is also masterplanned and permitted to include first class residential apartments.  The project encompasses the redevelopment of the former state-owned JT Berry Center site.  
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Barnat Development begins work on Phase II of Holmes Beverly - construction led by NEI General Contracting

Beverly, MA Barnat Development has begun construction on Holmes Beverly Phase II, adding 52 apartment homes adjacent to the existing development near the Beverly Depot MBTA commuter rail station. The project is financed through the newly launched Holmes Opportunity Zone Fund, focused on investing in new multifamily construction projects across New England. $10 million of Holmes OZ Fund equity is paired with $21 million in long-term
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