News: Owners Developers & Managers

NESCO acquires 8,000 s/f Norwell Electric Supply; Klapman will be mgr.

NESCO has acquired Norwell Electric Supply located at 412 Rear Washington St. Norwell Electric Supply will continue to operate under its name as "A Division of NESCO, Needham Electric Supply." Founded in 1997, Norwell Electric is a family-owned and operated electrical distributor serving the needs of residential and commercial contractors on the South Shore. Founder, Ken Klapman, will remain with the company and serve as branch manager for the 8,000 s/f Norwell location. "We are excited to welcome Norwell Electric Supply to the NESCO family. Norwell Electric shares our commitment for providing superior service and real value to our customers," Joseph Cincotta, CEO of NESCO.
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BGO and Seyon complete acquisition of a 134,413 s/f industrial portfolio

Marlborough, MA BGO, a leading global real estate investment manager, and Seyon, a Boston-based, vertically integrated investor, owner and operator of industrial real estate, have completed the acquisition of a two-building, 134,413 s/f industrial portfolio.
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