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Cornerstone arranges $35.7 million in financing for condominium development in Portsmouth, N.H.
December 15, 2023
Portsmouth, NH Cornerstone Realty Capital arranged $35.7 million in financing for the construction of a 95-unit residential condominium development. The project will feature a four-story condominium building with 95 residential condos, 112 surface parking spaces
Refinancing secured for The Copley Square Hotel by JLL Hotels & Hospitality group
December 15, 2023
Boston, MA JLL’s Hotels & Hospitality group has arranged refinancing for The Copley Square Hotel, a FOUND Hotel, the 164-key boutique hotel with over two stories of F&B retail space. JLL worked on behalf of the borrower, Hawkins Way Capital, LLC.
Mott & Chace Sotheby’s International Realty brokers $5.4 million sale of 352 Ocean Road
December 15, 2023
Narragansett, RI Mott & Chace Sotheby’s International Realty completed the sale of 352 Ocean Rd. for $5.4 million. The sellers were represented by Kylie McCollough and Jennifer Crellin, both sales associates of Mott & Chace Sotheby’s International
Four reasons why investors should consider Qualified Opportunity Zone Funds for tax advantages and p...
December 15, 2023
Qualified Opportunity Zone Funds (QOZF) have become an integral part of the investment landscape in recent years for those investors seeking to defer capital gains taxes on the sale of appreciated assets. At Kay Properties, our team has helped many accredited investors nationwide understand and participate in Qualified
R.W. Holmes negotiates Boston Dynamics’ lease extension at Waltham Research Park
December 15, 2023
Waltham, MA R.W. Holmes, one of the largest commercial brokerage firms serving tenants and landlords in Massachusetts for more than 45 years, has negotiated a 24,000 s/f lease extension at Waltham Research Park. R.W. Holmes senior vice president Arthur Amadei represented
Levitate opens pop-up shop at
Derby Street Shops
December 15, 2023
Hingham, MA Levitate opens a pop-up shop at Derby Street Shops for the holiday season. This year’s pop-up from Levitate features a collection tailored to the New England lifestyle, including men’s, women’s, and kids’ apparel and accessories.
WinnDevelopment breaks ground on $55.3 million Appleton Mill project
December 15, 2023
Holyoke, MA City officials and legislative leaders joined Winn Development executives and Massachusetts housing lenders to break ground on a $55.3 million adaptive reuse transformation of a long-vacant, historic mill complex that will be transformed into 88 affordable apartment homes
The Boulos Company adds three team members
December 15, 2023
Portland, ME The Boulos Company has added three new team members to their roster, bringing the new talent count to six for the year. Cassadi Chase joined The Boulos Company as an office assistant in Portland. Previously, she worked as a technology specialist with TalentLaunch,
Marcus & Millichap sells New Hampshire industrial property for $2.275 million
December 15, 2023
Bedford, NH Marcus & Millichap has completed the sale of 30 Harvey Rd. The property sold for $2.275 million. “We received tremendous interest on this property from local New Hampshire buyers as well as Boston-based capital,” said Harrison
Hershfield of Greenberg Traurig named “Go To” Lawyer for CRE by Massachusetts Lawyers Weekly
December 15, 2023
Boston, MA Edward Hershfield, shareholder and co-chair of the real estate group in the global law firm Greenberg Traurig, LLP, was named a 2023 “Go To” Lawyer for Commercial Real Estate by Massachusetts Lawyers Weekly.
Glickman, Ryan and Miner of NAI Glickman Kovago & Jacobs facilitate $2.9 million sale
December 15, 2023
Sutton, MA NAI Glickman Kovago & Jacobs facilitated the sale of 39 Gilmore Dr. for $ 2.9 million. The seller was Ross Real Estate LLC and the buyer was 39 Gilmore TM LLC. NAI Glickman Kovago & Jacobs principal James Glickman and vice presidents Nolan Ryan and Cody Miner represented the seller.
Procopio promotes Brook to chief operating officer
December 15, 2023
Middleton, MA The Procopio Companies (Procopio) has promoted Shad Brook to chief operating officer. He previously held the position of director of operational excellence. Brook’s promotion is part of Procopio’s continued commitment to company growth and expansion across markets
Hines of Horvath & Tremblay handles $1.485 million
sale of 14 units
December 15, 2023
New Britain, CT Tim Hines of Horvath & Tremblay has arranged the sale of 14 units. Hines exclusively represented the seller to complete the transaction at a sale price of $1.485 million. The two adjacent investment properties are located at 100 Broad St. and 109 Grove St. The properties contain a total of 14 units, consisting of two retail suites
Suffolk and Massport partner with USO to make 1,000 care packages for active duty military
December 15, 2023
Boston, MA Suffolk and the Mass. Port Authority (Massport) partnered with the USO to produce 1,000 USO care packages for active-duty military members. Suffolk, Massport and the USO are honored to come together, show gratitude, and spread holiday cheer to deployed service members by putting together
Harrington & Co. and Norton Asset Management sell
three industrial buildings for $4.5 million
December 15, 2023
Concord, NH Harrington & Company teamed up with Norton Asset Management to complete the sale of 78 Regional Dr. 78 Regional Dr. is a fully leased industrial property consisting of three industrial buildings (20,000 s/f, 20,000 s/f and 18,000 s/f) on 7.22 acres
New England Developments’ 178-unit Rowen at The Pinehills completed
December 15, 2023
Plymouth, MA According to Bozzuto, the first residents at Rowen at The Pinehills have moved into the new, 178-apartment home residence. Rowen is in The Pinehills Village Green; a walkable town center, with proximity to Rte. 3, Cape Cod and the South Shore, and Boston via a nearby MBTA
Cottonwood Group lends $240 million senior mortgage financing
to The St. Regis Residences, Bosto...
December 15, 2023
Boston, MA Cottonwood Group, a private equity real estate investment firm, has lent $240 million in senior mortgage financing to The St. Regis Residences, Boston 22-story, 114 unit tower developed by Cronin Development at 150 Seaport Blvd. in the city’s Seaport District.
City of Warwick has many exciting developments to look forward to - by Frank Picozzi
December 15, 2023
While it’s difficult to believe that another year is drawing to a close already, a lot has been accomplished in the city of Warwick throughout 2023, with many exciting developments to look forward to in the New Year.
Continued momentum at Quonset in 2023 - by Steven King
December 15, 2023
Quonset is the region’s leading engine of job growth and economic development. The Quonset Business Park is home to 229 companies and more than 13,000 jobs, including one in every five manufacturing jobs in R.I. The Port of Davisville is one of the top 10 auto importers in North America, and the facility
DESIGNxRI awards $172,000 in seed funding to 10 Rhode Island small businesses
December 15, 2023
Providence, RI Ten local design businesses are being supported and celebrated as the latest awardees in DESIGNxRI’s 2024 Design Catalyst Program. In its eighth round of supporting small design businesses across the state, DESIGNxRI is awarding $172,000 in seed