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Waterstone of Lexington named The Nationals silver award winner
March 29, 2024
Lexington, MA Waterstone of Lexington has been recognized as a silver award winner in The Nationals, an awards program that honors the best of the best in the building and construction industry. Selected from more than 1,200 entries, Waterstone of Lexington was awarded in the 55+ housing category.
2024 Women in Construction: Ipek Cobanoglu, Dacon Corporation
March 29, 2024
What has been the driving force behind your success in the AEC industry? The driving force behind my success in the AEC industry is a combination of my inner drive, the support of my team – especially those in the field such as superintendents and hardworking
2024 Women in Construction: Flaviane Richard, Dacon Corporation
March 29, 2024
Who or what inspired you to join the AEC industry? When I was 10 years old, I knew that I wanted to become an architect. My inspiration was a friend named Gilsinha Costa, who was an amazing architect. However, at that time, I just wanted to be like her because she dressed
2024 Women in Construction:
Jennifer Luoni, Dacon Corporation
March 29, 2024
What has been the driving force behind your success in the AEC industry? Working in design build has been the driving factor in my success in the AEC industry. Architecture is only one component to a successful project, years of in-house collaboration understanding how costs,
Cavanagh to lead healthcare & sciences studio at Maugel DeStefano Architects
March 29, 2024
Harvard, MA Maugel DeStefano Architects, an award-winning architectural firm specializing in healthcare, science and advanced technology, industrial, commercial, multifamily, and custom residential design in the northeastern United States, has appointed architect Colby Cavanagh to lead the firm’s healthcare & sciences design studio.
Walnista joins NAI Glickman Kovago & Jacobs as associate broker
March 29, 2024
Worcester, MA Spencer Walnista joined NAI Glickman Kovago & Jacobs as an associate broker. With a background in internal audit at State Street and a finance degree from Fairfield University, Walnista brings expertise
Rhode Island industrial market - by George Paskalis, Mike Giuttari and Julie Freshman
March 29, 2024
The Rhode Island industrial market remains challenged by a lack of supply with vacancy rates in the 1-2% range for “modern” single-story industrial buildings. Industrial lease rates in Rhode Island have increased over the past couple of years and are now in the
Ballum named construction director at Habitat for Humanity Greater Plymouth
March 29, 2024
Carver, MA Habitat for Humanity of Greater Plymouth (HFHGP) has appointed Doug Ballum as the organization’s new construction director. The role is a brand-new part-time position, created to expand the affordable home building capacity of the nonprofit
Saenz, Kirkland and Casey of Northeast Private Client Group sell Winn Street Office
March 29, 2024
Woburn, MA Northeast Private Client Group (NPCG) sold Winn Street Office, a 26,960 s/f two-story brick building at 110 Winn St. Senior associate Francis Saenz, Drew Kirkland, and Jim Casey represented the seller
West Shore hires six new key team members
March 29, 2024
Boston, MA West Shore, a fully integrated real estate firm with a specific focus on acquisition and management of multifamily assets, has added six key team members The recent hires include:
The changes in trends are directly correlated with interest rates, workforce location and inventory ...
March 29, 2024
Punxsutawney Phil predicted an early spring in store for us this year. Spring brings new life and new energy as it is a time for growth and development. We are hoping Punxsutawney Phil is right for both the weather and the commercial real estate market. We do expect an uptick in activity
Griffith Pepdjonovic Group of Marcus & Millichap sell 17-units at 887 Varnum Ave., Lowell, MA
March 29, 2024
Lowell, MA Marcus & Millichap negotiated the sale of 887 Varnum Ave., a 17-unit multifamily property. The asset sold for $3.15 million. 887 Varnum Ave. is comprised of five studios and 12 two-bed/one-bath units featuring 25 parking spaces and on-site laundry.
The bottom line is that you are in business to make money$ - by Dennis Serpone
March 29, 2024
Whether you are manufacturing integrated circuits or flipping burgers, the end result is that you hope to make money...a profit. March 2020 will be imbedded in our history for many years to come. What most people don’t see is the havoc that
The Asian Real Estate Professional Association and The Counselors of Real Estate host joint program ...
March 29, 2024
Boston, MA The Asian Real Estate Professional Association (AREPA) and The Counselors of Real Estate (CRE) New England Chapter hosted a joint program “Why Life Science Real Estate Now?” on February 28th, at Unispace at 1 Post Office Sq. 37th floor.
Billerica honors Local 103 IBEW leaders
for 20 years of support
March 29, 2024
Billerica, MA Town resident and Local 103 IBEW business manager Lou Antonellis, and his brother, IBEW business agent Rich Antonellis, were honored by the select board for the electrical worker union’s 20-year support for the town, including the Billerica Holiday Festival
Southern New Hampshire industrial market - by Bob Rohrer
March 29, 2024
When you consider the 2024 industrial real estate market on a national level, you will find mixed signals, but the overall appearance is that things are heading in a reasonable direction. According to Colliers’ National Industrial Research team, the continued inertia in
Norton, Kelleher and Pentore of Horvath & Tremblay sell 36-unit Union Grove Apartments for $8.25 mil...
March 29, 2024
Methuen, MA Spencer Norton, Dennis Kelleher, and John Pentore of Horvath & Tremblay have completed the sale of the Union Grove Apartments. The trio represented the seller and procured the buyer to complete the transaction at a sale price of $8.25 million which represents $229,167 per unit and a 6.69% cap rate.
Marina industry overview - by Jeffrey Dugas
March 29, 2024
Despite some normalization across sales, recreational boating continued to be a significant driver to the U.S. economy due to the estimated 85 million Americans who go boating each year. It drives an economic impact of $230 billion, up 36% from 2018, while supporting 36,000 U.S.
Small bays for big boys (and girls) part 2: What to expect - by David Skinner
March 29, 2024
If you have been keeping up with the industrial updates lately here at the New England Real Estate Journal, you might notice that this article is a continuation of the last article where we jumped into the discussion about small bay industrial properties. Last time, we
Staffing problems continue to plague industry - by Earle Wason
March 29, 2024
In my opinion, nothing has changed since I wrote my NEREJ 2024 Forecast article. I still believe in all my 50 years as a Realtor, this may be the craziest and most unpredictable period I can remember. We still have no clue as to the effects of an election year, war in Ukraine and Israel, the turmoil