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IREM Boston president’s message: Hello 2025!
January 10, 2025
I am truly honored to lead the IREM Boston Chapter #4 as we step into 2025. This year, we are sure to face the continuous challenge of maneuvering through the fluctuations of the real estate industry, while also uncovering innovative approaches to evolve and improve our business practices.
BOMA update: Property Mgmt. Excellence roundtable, BOMA ski trip and education
January 10, 2025
Boston, MA Join BOMA for their first roundtable of 2024, Property Management Excellence featuring 2024 TOBY & Industry award winners! This roundtable will take place on Thursday, January 30th from 12:00 p.m. – 1:30 p.m. Jennifer Christakes, 2025 BOMA Boston president with JLL will be moderating the program
Toll Brothers breaks ground on Willis Brook at Lynnfield, an active adult community
January 10, 2025
Lynnfield, MA Toll Brothers, Inc., the nation’s leading builder of luxury homes, held groundbreaking at its newest luxury home community, Willis Brook at Lynnfield. The groundbreaking ceremony was held on Thursday, January 2 together with officials and residents of the town. The community, located at 1301 Main St.,
Carter joins Peabody Props.’ Tent City and Warren Ave. Apartments as resident service coordinator
January 10, 2025
Boston, MA Peabody Properties held a “Grab & Go” continental breakfast at its Tent City and Warren Avenue Apartments communities to welcome new resident service coordinator Nathassia Carter.
Greystar welcomes residents to Maxwell - part of $880 million investment in the city of Everett, MA
January 10, 2025
Everett, MA Greystar, a leader in the investment, development, and management of real estate, welcomed the first move-ins at Maxwell, a newly constructed residential community in the growing Commercial Triangle District of the city. Maxwell consists of 384 apartment homes
Capstone Communities, Hope Real Estate Enterprises, and MPZ Development acquire Roseland and Frost p...
January 10, 2025
Cambridge, MA Capstone Communities LLC (Capstone), Hope Real Estate Enterprises (HRE), and MPZ Development LLC (MPZ), and in partnership with the city of Cambridge Affordable Housing Trust completed the acquisition of the Roseland and Frost properties located at 20 Roseland St., 22 Roseland St., 28 Roseland St., 1 Frost St., 3 Frost St., and 5 Frost St.
Michaels joins Redgate as vice president, marketing
January 10, 2025
Boston, MA Redgate, a leading strategic advisory, owners’ representation and real estate investment firm, has expanded its team with the hiring of Lauren Michaels as vice president, marketing. In her new role, Michaels will lead marketing,
2Life Communities welcomes
first residents to Leland House in Waltham
January 10, 2025
Waltham, MA According to 2Life Communities, a leading nonprofit owner, operator, and developer of senior affordable housing in the Greater Boston area, the first move-ins are under way at the newly completed Leland House. Located at 21 Newton St., Leland House is 2Life’s 11th property
LeftField and JPM hired as owner’s project manager for Madison Park Technical Vocational High Scho...
January 10, 2025
Boston, MA LeftField and JPM have been selected as the owner’s project management team in support of the major renovation and reinvigoration of the Madison Park Technical Vocational High School.
National Development promotes Barrar, Clancy, McAneny, and Sullivan to the role of principal
January 10, 2025
Boston, MA National Development has promoted Haley Barrar, Bryan Clancy, Pat McAneny, and Kevin Sullivan to the role of principal within the firm. Each of these individuals has demonstrated exceptional leadership, expertise, and dedication to National Development.
Hines signs first office tenant at
South Station Tower - Jones Day
January 10, 2025
Boston, MA Hines, the global real estate investment manager, and global law firm Jones Day, have executed a nearly two floor, 41,000 s/f lease at South Station Tower, the highly-anticipated major mixed-used project developed by Hines. Jones Day is the first office tenant to be named
COPA Real Estate Investments acquires
Webster Village for $25.95 million
January 10, 2025
Hanover, MA COPA Real Estate Investments, LLC has acquired Webster Village, an apartment complex in the Boston South Shore sub-market, in partnership with Long Wharf Capital (LWC). Completed in 2017, the property consists of 76 one- and two-bedroom units in two elevatored buildings with a full-time management team,
Project of the Month: Maugel DeStefano Architects, Integrated Builders and Northstar Project & RE Se...
January 10, 2025
Bedford, MA Maugel DeStefano Architects, Integrated Builders, and Northstar Project & Real Estate Services have completed a new 169,000 s/f advanced research and development facility for Werfen, a global leader in specialized diagnostics with a focus on hemostasis, acute care diagnostics, and autoimmunity.
Boston CRE outlook 2025: Beds, meds and sheds - by Mark Green
January 10, 2025
The Boston commercial real estate market is primed for a dynamic 2025, driven by its unique strengths in multifamily housing, healthcare and life sciences, or “beds, meds and sheds.” Despite challenges like the increase in interest rates and construction costs, Boston’s diverse economic base and culture
Butler, St. John, McLaughlin, and Bowler of CBRE complete sale of the Matrix Hudson, a 176-unit apar...
January 10, 2025
Hudson, MA Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler, completed the sale of the Matrix Hudson, a 176-unit apartment community. The sale price was not disclosed.
Cresa represents Think Clean in 11,823 s/f office expansion at One Research Dr., Westborough, MA
January 10, 2025
Westborough, MA Cresa has finalized negotiations for Think Clean to lease 11,823 s/f at One Research Dr. The four-story, class A office building offers numerous features and amenities for Think Clean, including on-site conferencing facilities, food service, fitness center, and more.
Richetelli and Eliopoulos of Colonial Properties, Inc. broker two sales for $1.26 million
January 10, 2025
West Haven, CT According to Michael Richetelli, president and designated broker of Colonial Properties, Inc., the company has completed the following transactions: Richetelli represented the seller, Hyla Chasnoff in the sale of 12 Norfolk St., an 8,500 s/f freestanding commercial/warehouse building
Colliers handles sale of former Cambridge Matignon School campus to Benjamin Banneker Charter Publi...
January 10, 2025
Cambridge, MA Colliers has facilitated the sale of the Cambridge Matignon School campus to Benjamin Banneker Charter Public School. The 83,136 s/f property stretches across 7.8 acres. A Colliers team led by vice chair James Elcock and vice president John Real represented the sellers, the Archdiocese of Boston,
Seidlitz joins Helge Capital as managing director of capital markets
January 10, 2025
Boston, MA According to Helge Capital, Glen Seidlitz has joined the firm as managing director of capital markets. Seidlitz is responsible for raising and structuring institutional capital for Helge assets, among other areas of oversight.
Horvath & Tremblay complete $1.757 million
sale of Dollar General store in Amesbury, MA
January 10, 2025
Amesbury, MA Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of Dollar General. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $1.757 million.