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Capital Group Properties receives approval for 67,500 s/f industrial building
March 1, 2024
Leominster, MA Capital Group Properties has received full site plan approval for a proposed 67,500 s/f industrial building to be located at 21 Jungle Rd. Capital Group Properties anticipates delivery late in the fourth quarter of 2024. The planning board approved the site plan
Lincoln Property Company and Cresa arrange 70,000 s/f
lease to BPGbio at 300 Third Ave.
March 1, 2024
Waltham, MA According to Lincoln Property Company (Lincoln), Cresa Boston, and BPGbio, Inc., a leading biology-first AI-powered biopharma that focuses on oncology, neurology, and rare diseases, today BPGbio has leased 70,000 s/f of lab and office space at 300 Third Ave.
Groundhog day? - by Bill Pastuszek Jr.
March 1, 2024
The groundhog did not see his/her shadow recently. That means it might be an early spring. This winter has been a strange season everywhere, both in terms of the weather and real estate. Overall, while many indicators pointed positive, nothing feels certain or quite right. Residential markets experienced weird
Conway Development Partners completes 19,097 s/f Tractor Supply Co. store in North Conway
March 1, 2024
North Conway, NH Matt Halprin principal of Conway Development Partners LLC, completed the ground up development for the new Tractor Supply Co. store at 170 North-South Rd. across from the new roundabout entrance to Settlers Green Outlets and Market Basket.
Wright-Ryan celebrates 40 years of building
March 1, 2024
Portland, ME Wright-Ryan, one of the largest and most respected construction firms in northern New England, today launched “Building for Generations” an anniversary celebration of its 1984 founding by Tom Wright and John Ryan. Through a series of special initiatives planned
Garvey of Coastal Land & Commercial Group assists in $1.239 million sale of 111-unit self-storage fa...
March 1, 2024
Dover, NH Dave Garvey of Coastal Land & Commercial Group has assisted in the purchase of a 111-unit self-storage facility. Garvey exclusively represented the buyer to complete the auction transaction at a sale price of $1.239 million.
Lyons joins newly opened Suffolk Portland office
March 1, 2024
Portland, ME According to Suffolk, one of the largest construction enterprises in the country, Justin Lyons will join the company’s newly opened office as vice president and project executive. Lyons will leverage his local relationships and 20 years of industry expertise to drive
Martin and Rohrer of Colliers lease 35,740 s/f to Sanford Temperature Control
March 1, 2024
Manchester, NH Colliers facilitated the 35,740 s/f lease at 201 Allard Dr. Doug Martin and Bob Rohrer, of Colliers’ Manchester office, represented the landlord and assisted the tenant in the transaction. Sanford Temperature Control, Inc. signed a long-term lease for the entire high-bay warehouse
The Kane Company and Stroll Café & Wine Bar to co-host Boston Bruins meet and greet event at 75 Por...
March 1, 2024
Portsmouth, NH The Kane Company, in partnership with Stroll Café and Wine Bar, will be bringing together key alumni players from the Boston Bruins for a special opportunity to meet these rockstar athletes
Peck of Horvath & Tremblay sells 46 units
in Nashua for $6.05 million
March 1, 2024
Nashua, NH William Peck of Horvath & Tremblay has facilitated the sale of two transactions totaling 46 units for a total of $6.05 million. 15-17 Railroad Sq., which sold for $2.85 million, $203,571 price per unit 7.28% cap rate, is a 14-unit brick mixed-use property situated near the intersection of Main St.
Northeast Private Client Group closes sale of 20,448 s/f industrial facility
March 1, 2024
Hooksett, NH Northeast Private Client Group (NPCG) brokered the sale of Londonderry Turnpike Industrial, a multi-tenant industrial facility. Senior associate Brad Carlson and associate, Chris Norton
Tidemark and Kane celebrate panel-raising
on 102,000 s/f logistics facility at Pease
March 1, 2024
Portsmouth, NH Co-developers Tidemark and The Kane Company along with dignitaries and the PROCON design-build team held a ceremony to celebrate the raising of exterior wall panels on a new 102,000 s/f logistics
MassDevelopment issues a $6.9 million tax-exempt bond
on behalf of LEO Inc. to renovate existin...
February 23, 2024
Lynn, MA MassDevelopment has issued a $6.9 million tax-exempt bond on behalf of LEO Inc., a nonprofit community action agency, which will use proceeds to renovate its existing headquarters at 156 Broad St. and 2-4 Farrar St. to expand access to early education and care for low-income children in the region.
Historic Boston sells Mattapan Farm to Urban Farm Institute
February 23, 2024
Boston, MA According to Historic Boston Inc. and the Urban Farm Institute of Boston, the institute has purchased the historic Fowler Clark Epstein Farm, at 487 Norfolk Ave. in Mattapan, a property redeveloped by HBI for UFI in 2018.
Wear semi-retires from Hancock Associates
February 23, 2024
Danvers, MA Hancock Associates, a leading provider of land surveying, civil engineering and wetland science services, has announced the semi-retirement of Charlie Wear, PE LEED. Charlie joined the firm in 2021 and was a senior project manager
Joyce joins CBRE as vice chairman
February 23, 2024
Boston, MA According to CBRE, commercial real estate veteran Michael Joyce has joined CBRE as vice chairman, the highest rank for advisory & transaction professionals within the company. Based in CBRE’s downtown office, Joyce joins the urban leasing team and will focus on both investor and occupier leasing.
JLL represents Blue Moon Capital Partners in sale of The Residence at Orchard Grove
February 23, 2024
Shrewsbury, MA JLL Capital Markets has arranged the sale of The Residence at Orchard Grove, a senior community with independent and assisted living and memory care. The sale price was not disclosed.
Linear Retail promotes Scharff to director and vice president of portfolio management
February 23, 2024
Burlington, MA Linear Retail Properties, LLC (Linear Retail) has promoted Chris Scharff to director and vice president of portfolio management. Scharff will oversee the company’s financing activities and lender relationships, investments, risk management, portfolio analysis, research, and strategic initiatives.
Calle family acquires Jack’s Outback II
in $1.075m sale
February 23, 2024
Yarmouth Port, MA Agent Aaron Webb, owner and operator of the Daily Paper, has orchestrated the sale of Jack’s Outback II for its asking price of $1.075 million. This breakfast and lunch institution, owned by Dona Baratta for the past 20 years, will continue its legacy under the