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2Life Communities celebrate the completion of J.J. Carroll House
April 5, 2024
Brighton, MA 2Life Communities, in partnership with the city of Boston and the Boston Housing Authority (BHA), celebrated the completion of the newly constructed J.J. Carroll House. The project, which began construction in October 2021, redeveloped 64 public housing apartments across multiple outdated buildings and created a new, modern and energy-efficient building
Nordlund Associates arranges three leases
April 5, 2024
Danvers, MA Nordlund Associates have facilitated three new leases at 99 and 199 Rosewood Dr. in Danvers as well as 8 Essex Center Dr. in Peabody, Mass. Nordlund represented the landlord in these lease negotiations, pleased to accommodate NorthEast Health Services LLC, Nice Family Health Services LLC, and Premier Solar LLC to the properties.
MassHousing and MHIC partner to grow Equitable Developers Fund with $50m in public funding
April 5, 2024
Boston, MA MassHousing and the Massachusetts Housing Investment Corporation (MHIC) will partner to launch and grow a new $50 million Equitable Developers Fund. The fund will diversify the state’s housing delivery system by providing enterprise level financing to active developers from socially and economically disadvantaged backgrounds
The Bulfinch Companies, Inc. and Healthpeak Properties, Inc.'s Cambridge Discovery Park awarded Fitw...
April 5, 2024
Cambridge, MA According to an affiliate of The Bulfinch Companies, Inc. (Bulfinch), a commercial real estate, property management, and investment firm, Cambridge Discovery Park (CDP), a premier life science and research campus, has been awarded a Fitwel 2 Star Rating for three buildings totaling 670,000 s/f.
MassDevelopment issues $25 million tax-exempt
bond for Kingsley Montessori School, Inc.
April 5, 2024
Boston, MA MassDevelopment has issued a $25 million tax-exempt bond on behalf of the Kingsley Montessori School, Inc., which will use proceeds to buy 26 Exeter St., a space that currently houses the school’s kindergarten entry and elementary programs. Kingsley has leased this unit since 2005
Davis secures 111,119 s/f lease agreement
as anchor tenant at Upton Crossing
April 5, 2024
Wilmington, MA The Davis Companies (Davis) has entered into a lease agreement with a global medical device company as the first anchor tenant at Upton Crossing, a newly developed industrial campus located at 38 Upton Dr. The confidential medical device company, which is focused on acute critical care and related software
Lakemont by Toll Brothers to begin sales this spring - located in Hudson, MA
April 5, 2024
Hudson, MA According to Toll Brothers, Inc., its newest single-family home community is coming soon. Lakemont by Toll Brothers will offer the rare opportunity to own a new construction home with waterfront views. The community will be located at 50 Old Country Rd. and sales are anticipated to begin later this spring.
Fulcrum completes the 9,000 s/f renovation project for UMass Chan-Lahey Regional Medical School Camp...
April 5, 2024
Burlington, MA Fulcrum has completed the collaboration with Beth Israel Lahey Health (BILH) and E4H Environments for Health Architecture on the transformative UMass. Chan Lahey Medical School renovation project. This partnership reflects a shared commitment to advancing
McDonough named chief investment officer at Marcus Partners
April 5, 2024
Boston, MA According to Marcus Partners, Ryan McDonough has been named the firm’s chief investment officer. McDonough will lead the firm’s acquisition team in driving forward investment strategy and be deeply involved with portfolio construction.
FoxRock Properties' 201-unit Center & Stone development welcomes residents
April 5, 2024
Quincy, MA FoxRock Properties has welcomed its first residents to apartment homes at Center & Stone, a 201-unit two-building multifamily and retail development. Tenants of the Stone building, a six-story addition situated behind the existing Masonic Temple
NeighborWorks holds ground breaking at 1200 Montello St. project in Brockton, MA
April 5, 2024
Brockton, MA NeighborWorks Housing Solutions held a groundbreaking celebration at 1200 Montello St., the future home of the Brockton South Transit-Oriented Development (TOD). The transformative mixed-use, mixed-income rental development,
FoxRock Properties acquires 1200 Crown Colony Dr., in Quincy, MA
April 5, 2024
Quincy, MA FoxRock Properties, a real estate investment, development, and management firm, has acquired one of the city’s premier office buildings at 1200 Crown Colony Dr. The 236,491 s/f building is in the highly visible and centrally located Crown Colony Office Park,
Bozzuto begins preleasing at 165-unit Alder located in Allston, MA
April 5, 2024
Allston, MA Bozzuto Development Company has begun preleasing at Alder, a new, 165-unit residential community atop a 67,000 s/f Stop & Shop within the 10.6-acre Allston Yards mixed-use development. Both managed and developed by Bozzuto, Alder’s first residents will be welcomed this spring,
April 2024 New Hampshire CIBOR president’s message - by Ethan Ash
April 5, 2024
2024 has been a great rebound from 2023. After a year of continued rising interest rates that kept investors from taking actions, we have seen many get off the sideline simply because rates are not rising. While it was expected in the last FED meeting that there might be a rate decrease,
National Development wins two National Association of Home Builders awards for 7INK
April 5, 2024
Boston, MA 7INK, National Development’s new Inclusive Living building at the city’s Ink Block, won the Platinum Award/1st Place for Innovative Housing and Best in the Region at the National Association of Home Builders (NAHB) Best in American Living Awards, held during the 2024 International Builders’
New Hampshire office market 2024 - by Michael Harrington
April 5, 2024
What is happening with the New Hampshire office market? Given the amount of negativity and speculation regarding the state of the office market, I thought it would be helpful to turn the spotlight on this important segment of the commercial real estate market. If you’re like me
Cervenka Development Partners receives approval for 454,750 s/f class A industrial park in Pepperell...
April 5, 2024
Pepperell, MA Cervenka Development Partners (CDP) has received approval to develop a 454,750 s/f industrial logistics park at 149-166 Nashua Rd. JLL has been selected as the leasing agent for the class A, 36’ clear warehouse and distribution park comprised of two facilities of 253,750 s/f and 201,000 s/f.
Foxfire Property Management hires Adams and Kingsbury as property managers
April 5, 2024
Concord, NH Foxfire Property Management has hired two experienced professionals, Kira Adams and Alicha Kingsbury, to their team as property managers. With their combined expertise and dedication to excellence, they will play integral roles in delivering exceptional property management services.
Malone Commercial leases 33,000 s/f at
Rock Row Medical and Research
April 5, 2024
Westbrook, ME Plastic + Hand Surgical Associates will occupy 33,000 s/f at Rock Row Medical and Research Campus. Plastic + Hand joins New England Cancer Specialists, an affiliate of Dana-Farber Cancer Institute, and Dempsey Center at Rock Row’s Medical
Wright-Ryan celebrates 40th year and names Sparn as new president
April 5, 2024
Portland, ME Wright-Ryan plans an upcoming transition in leadership as the company celebrates its 40th anniversary in 2024 and looks ahead to the next 40 years. Alan Sparn, who has served as Wright-Ryan’s chief operating officer since 2022,