Greenwich, CT National Multifamily brokered the sale of a six-unit apartment building and a contiguous developable parcel located at 113 S. Water St. to a Connecticut based investor for $2,076,500 ($344,167 per unit). The deal closed on May 19th. Company president Matt Cawley represented the seller and procured the buyer in the transaction.
Newington, CT Anthony Properties (AP) in partnership with Perry Reid Properties (PRP) has commenced the groundbreaking of The Spark on Cedar. The project will consist of 232 class-A apartments at the former National Welding site along Cedar Ave. This project will represent the twelfth property which AP and PRP
New Haven, CT According to Nanette Pastore, president of Pearce Real Estate, the company is welcoming it’s newest Pearce pro, Mark Odyniec, to the Edgehill Team, a top producing team at Pearce for 15 years. Odyniec brings a wealth of experience and a strong local connection
Norwalk, CT Highcap Group has completed the sale of two luxury multifamily properties with a total of 120 units for a combined purchase price of $41.4 million. The portfolio was sold by the Rabadi Family to the Fraioli Family in a transaction brokered by Alex Frants, senior director
Littleton, MA Colonial Systems, a comprehensive resource for installing commercial and institutional interiors for a diverse range of industries nationwide, has renewed the lease on its 150,000 s/f warehouse for another eight years. This commitment enables the company to continue delivering best-in-class service
Ipswich, MA According to Nordlund Associates, Inc., Ace Gymnastics has signed a lease for 20,000 s/f of space at 23 Old Right Rd. Chris Everest, founder and president of Nordlund Associates, represented Ace Gymnastics in the transaction.
Littleton, MA R.W. Holmes has completed the lease of 20,082 s/f of flex space at 9 Beaver Brook Rd. Boston Semi Equipment (BSE), a global provider of semiconductor test solutions, leased the property to support its continued growth and operational expansion.
Windsor, CT Horvath & Tremblay has completed the sale of three retail properties in New England for a total of $4.065 million. Matt Nadler of Horvath & Tremblay has completed the sale of Webster Bank in Windsor, Conn.
Taunton, MA Marcus Partners has completed the sale of the “Core Two” portfolio, a 192,000 s/f, two-building, class A logistics portfolio comprised of fully-leased ground-up industrial developments, to an area real estate fund. The assets were developed as part of Marcus Partners’ metro-centric logistics strategy,
Lowell, MA Skanska has been awarded a contract by the Massachusetts Department of Transportation (MassDOT) to carry out the $303 million design-build of a new, relocated Rourke Bridge carrying Wood St. over the Merrimack River.
Wilmington, MA The Procopio Companies (Procopio) celebrated the grand opening of 203 Lowell St., marking a major milestone in the project with final construction completion across the campus and over 50% of residences at The Alice already occupied. The event brought together new residents, project partners,
Medford, MA Newmark has arranged the $11.75 million sale of 101 Station Landing. Newmark co-head of U.S. Capital Markets Robert Griffin, along with Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble, senior managing director Samantha Hallowell and associate director William Sleeper
Summer is almost here, so ASM’s annual golf tournament is right around the corner. If you haven’t registered your foursome or sponsorship and wish to join us, make sure you do soon to reserve your spot.
The last decade has been a prosperous one for both our industry in general, the open shop, and for fostering fair and equitable entrepreneurial development. A good economy translated to strong demand for construction services. At the state level, we benefitted from the tenure of governor Charlie Baker, a strong believer in fair and open competition.
Boston, MA Suffolk has hired Cotton McNutt to help lead its Mission Critical operation nationally. As the highest-ranking female operations executive at Suffolk, McNutt will leverage her relationships and data center construction experience to help the firm continue expanding its market presence in the rapidly growing data center sector.
As we close Mental Health Awareness Month, we must be clear: May isn’t just about ribbons, hashtags, or lunchtime mindfulness apps. It’s about responsibility to confront hard truths that linger in silence, and to challenge ourselves, as leaders in our industry, to do more.
Groton, MA Gilbane Building Company celebrated the ribbon-cutting ceremony of the Florence Roche Elementary School. Mary Pichetti, MSBA executive director; senator John Cronin; representative Danillo Sena; Dr. Geoff Bruno, superintendent of schools; Brian O’Donoghue, principal of Florence Roche School;
Wakefield, MA Callahan Construction Managers (Callahan), in partnership with Cabot, Cabot, & Forbes and Equity Residential, has celebrated the topping off of The Basin multifamily community at 200 Quannapowitt Pkwy. The property is now accepting applications and expects to welcome new residents in this summer.
As the workplace continues to evolve post-pandemic, the conversation has shifted from whether employees should return to the office to how we can make that return meaningful. While hybrid and remote work remain popular – according to WFH Research, 25% of paid workdays in 2024 were remote,
Hyannis, MA Delphi Construction celebrated with a groundbreaking ceremony for the new counseling and resource center for Independence House, a mission-driven nonprofit organization serving Cape Cod. The event marks the official start of construction on a 3,466 s/f single-story facility that will enhance Independence House’s capacity