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Low of L&P Commercial brokers $2.4 million medical building sale
July 4, 2025
East Longmeadow, MA William Low of L&P Commercial has sold the medical office building at 294 North Main St. The 23,000 s/f building sold for $2.4 million in an off-market transaction brokered by Low.
Gardner of DMG Brokerage handles
$2.2 million sale of 101-105 Depot St., Easton, MA
July 4, 2025
Easton, MA Dan Gardner of DMG Brokerage has competed the sale of 101-105 Depot St. for $2.2 million. The property was sold on June 9, 2025. The property consists of a car wash and a fully-occupied office building. The property
Condominium lending: CAI guide assists in navigating eligibility issues
July 4, 2025
In an evolving regulatory landscape, condominium boards and managers across New England face challenges that impact property values and home sales. Community Associations Institute (CAI) has recently released a guidance document addressing lending eligibility with Fannie Mae and Freddie Mac.
Richard of J Barrett & Company arranges
$5 million sale of 1805 Custom House in Salem, MA
July 4, 2025
Salem, MA According to J Barrett & Company, vice president and realtor Ted Richard sold the “original” 1805 Custom House. The property sold for $5 million. A downtown icon for over 200 years, the current mixed-use building at Essex
President’s message: Keys to the crisis – Unlocking solutions to homelessness
July 4, 2025
There’s no denying it – homelessness is on the rise throughout New England, with an August, 2024 report by Boston Indicators pointing to Greater Boston as the region’s hardest-hit area, driven largely by a severe shortage of affordable housing.
The Hamilton Company acquires Hill Estates property in Belmont, MA for $175 million - a 396-unit mul...
July 4, 2025
Belmont, MA The Hamilton Company has acquired the Hill Estates property - a 396-unit multifamily residential community with on-site management and other offices at a campus off Brighton St. in the town’s easternmost neighborhood.
BOMA Boston July Update – BOMA International Conference, BOMA Golf and more!
July 4, 2025
Boston, MA The BOMA International Conference & Expo was held in Boston, June 28th – July 1st at the Boston Convention Center. Close to 2,800 attendees from around the world traveled to Boston for an industry trade show, Building tours, excellent education and numerous networking opportunities! Conference attendees participated in a special community service activity making summer kits for our charitable partner Bridge. Through the generosity of conference attendees, $10K was raised for Bridge
IFMA a update: Massachusetts Maritime Academy Campus and Ship Tour
July 4, 2025
Boston, MA On May 29th Massachusetts Maritime Academy (MMA) hosted a facilities management and engineering networking event for multiple industry organizations including IFMA Boston. The evening included tours of the hands-on learning labs, buildings and the new Patriot State training vessel. MMA cadets lead the tours and provided unique insight into what their typical day
The Castle Square Tenants Organization and WinnDevelopment begin work on $40.1 million project to m...
July 4, 2025
Boston, MA The Castle Square Tenants Organization (CSTO) and WinnDevelopment have begun work on an ambitious $40.1 million effort to modernize Eva White Apartments, a 102-unit low-income housing community for seniors and people with disabilities in the city’s South End.
Nauset Construction completes New England’s first senior cohousing development, Hager Homestead
July 4, 2025
Littleton, MA Nauset Construction has completed Hager Homestead, New England’s first senior cohousing community. Located on a 15-acre parcel that was home to a former local dental practice and residence on King St., 25 miles northwest of Boston. The thoughtfully designed neighborhood includes 26 one- and two-bedroom homes across five buildings.
Synergy hires Molloy as leasing manager
July 4, 2025
Boston, MA Synergy, a leading real estate investor, operator, and manager, has appointed Carolyn Molloy as leasing manager. In this role, Molloy will play a key part in advancing Synergy’s recent leasing momentum, overseeing transactions, and expanding the company’s tenant base across its growing portfolio.
Marcus Partners begins work on 304-unit residential development
July 4, 2025
North Attleboro, MA Marcus Partners has started construction on 582 Kelley, a 304-unit residential community on Kelley Blvd. Collaborative partnership with the state and the towns of North Attleboro and Plainville resulted in an infrastructure grant and the project has been approved as part of the 40R Smart Growth Overlay that was adopted by the town at the end of 2022.
Westborough EDC presents Best Sustainable Business Award to Marks Moving & Storage, Inc.
July 4, 2025
Westborough, MA In recognition of their effort to help area residents in need via the collection, storage and delivery of repurposed furniture, appliances and electronics, Marks Moving & Storage, Inc., and its non-profit division Mark’s Northeastern Furniture Foundation, have been awarded the Best Sustainable Business Award to Marks Moving & Storage, Inc.
Peabody Properties opens applications for 3371 Washington senior housing development
July 4, 2025
Jamaica Plain, MA According to Peabody Properties, an affiliate of The Peabody Companies, a group of property management and real estate firms, applications are available now through July 14 for a new supported affordable senior housing development at 3371 Washington St.
TRAX Development and EMBARC continue sales at TERRAZZA - a three-story, 82,000 s/f residential devel...
July 4, 2025
Wellesley, MA According to TRAX Development and EMBARC, only seven residences remain available at TERRAZZA, the residential project located at 100 Linden St. TERRAZZA is comprised of 35 one-, two-, and three-bedroom plus den residences. This new residential experience consists of a three-story, 82,000 s/f residential development.
The Mount Vernon Company acquires John Carver Inn & Spa in Plymouth, MA
July 4, 2025
Plymouth, MA The Mount Vernon Company (MVC), a Boston-based real estate and hospitality investment firm, has completed the acquisition of the John Carver Inn & Spa, an 80-room property. Originally opened in 1969 and most recently renovated in 2021, the John Carver Inn sits near Plymouth Rock and the Mayflower II, making it a key asset in the state’s heritage tourism corridor.
MPZ Development and Capstone Communities celebrate groundbreaking for Baldwinville School Apartments...
July 4, 2025
Templeton, MA MPZ Development LLC (MPZ) and Capstone Communities LLC (Capstone) have celebrated the official groundbreaking of Baldwinville School Apartments redevelopment project. Baldwinville School Apartments is the first multifamily housing project permitted in town in more than 25 years, providing much-needed, mixed-income housing to the community.