Providence, RI JLL has been selected by Brown University Health (BUH) in Rhode Island to support the oversight and management of its combined Brown University Health real estate portfolio.
Over the course of an appraiser’s career one sometimes encounters appraisal problems that challenge one’s body of knowledge as well as require some creative (but logical) thinking on the part of the appraiser. Such was the case of Commission of Transportation vs. Connecticut Shellfish Company
Narragansett, RI Mott & Chace Sotheby’s International Realty brokered the sale of 135 Cliff Dr. for $7.5 million. The sellers were represented by The Soby-Roberts Team, sales
b>Hardwick, MA MassDevelopment has issued a $12 million tax-exempt bond on behalf of Eagle Hill Foundation of Massachusetts, Inc. Eagle Hill School is a boarding school that provides customized courses of study for students with diverse learning profiles in grades eight through 12.
Providence, RI Sweeney Real Estate & Appraisal negotiated the lease of a 6,066 s/f office space at 295 Promenade St. The property is owned by The Foundry Associates.
In the lodging industry, widely recognized brand names and trade dress help to put heads in beds. Just as the golden arches of McDonald’s have drawn me into many a rest stop on the Mass Pike, Marriott’s “M” logo and Holiday Inn’s green up-lighted signs serve as critical markers of brand identity.
East Providence, RI Peabody Properties, an affiliate of The Peabody Companies, will manage Center City Apartments, a 144-unit affordable housing development located along Taunton Ave.,
Andover, MA Bangor Savings Bank has hired Lourdes Connolly as senior mortgage loan officer, based at the bank’s Andover mortgage loan office. Connolly’s new role will support homebuyers throughout the Greater Boston area and surrounding communities,
Providence, RI Cushman & Wakefield | Hayes & Sherry facilitated the sale of 10 Memorial Blvd. for $68.5 million. The 290,000 s/f Class A office building, located in the city’s
Avon, MA JLL Capital Markets has arranged $15.1 million in acquisition financing for a two-property industrial portfolio totaling 129,380 s/f. The properties at 20 and 40 Ledin Dr. are strategically positioned within the Avon Industrial Park with access to Rte. 24 and I-93.
Framingham, MA Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $10.5 million in financing for the acquisition of Arlington Commons, a 54-unit multifamily property located at 77-79 Arlington St.
Boston, MA Governor Maura Healey announced funding from two programs to jumpstart housing production across the state – approximately $8.4 million from the new Commercial Conversion Tax Credit Initiative (CCTCI) to help communities transform empty or rundown commercial buildings into new homes and $139.5 million in low-income housing tax credits and subsidies
Affordable housing projects are inherently complex. Layered funding, tight margins, and strict timelines leave little room for error. When federal funding triggers Build America, Buy America (BABA) requirements, complexity increases – but that doesn’t have to stop a project.
Dorchester, MA According to The Peabody Companies, Columbia-Uphams Apartments has achieved Enterprise Green Communities (EGC) certification. The national green building standard prioritizes resident well-being, long-term sustainability, and neighborhood impact alongside energy efficiency and building performance.
Boston, MA The Davis Companies (Davis) have closed on the disposition of two self-storage facilities operated by Extra Space Storage, located at 235 North Beacon St. and 970 Fellsway in Medford, MA respectively. The properties were sold to a joint venture between Invesco Real Estate and Baranof Holdings.
Norwell, MA South Shore Habitat for Humanity, which has delivered quality housing in partnership with families in need for the past 40 years, has received a generous donation of electrical supplies from Granite City Electric for its local homebuilding project on Plymouth St., in Abington, Mass.
Brewster, MA Wingate Living, a family-run organization offering a full continuum of services from independent and assisted living to memory care, skilled nursing and home care, has completed the acquisition of Wingate Residences at Pleasant Bay, a 59-apartment independent and assisted living community.
Boston, MA Newmark has hired Steve Purpura, a leading force in the city’s rise to nationwide life sciences prominence, as executive vice chairman. Purpura brings more than 30 years of experience advising owners, developers and occupiers across office and life sciences real estate,
Wilmington, MA In a transaction arranged by CBRE, BRUNT Workwear, a rapidly expanding Massachusetts-based work boot and apparel company, has committed to 56,000 s/f of R&D, warehouse, and office space at 301 Ballardvale St. BRUNT will relocate its company headquarters to occupy part of the 126,000 s/f advanced manufacturing facility owned by Camber Development and GEM Realty Capital.
Bedford, MA Just five weeks after acquiring a long-vacant office and research complex at 174 and 176 Middlesex Tpke., Cummings Properties has secured its first tenant. The Woburn-based commercial developer signed a lease with Terry Hanley Audio Systems (THAS), launched by renowned sound engineer Terry Hanley. Founder Bill Cummings personally negotiated the deal.