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McGeary and Welch of Northeast Private Client Group sell 33,700 s/f Lauderdale Building
December 15, 2023
Providence, RI Northeast Private Client Group (NEPCG) has sold 136-144 Westminster St., the Lauderdale Building, a 33,700 s/f mixed-use property. Senior associate Tim McGeary and associate Rick Welch represented the seller and procured the buyer.
City of East Providence invests in education - by Roberto DaSilva
December 15, 2023
In 2021 the city of East Providence celebrated the opening of its new $190 million high school. The school was the first in Rhode Island built under a state program that includes hundreds of millions of dollars in borrowing that was previously approved by voters. The city paid
Alves of Elite Commercial at KW sells retail space
December 15, 2023
North Providence, RI Michael Alves of the Elite Commercial Realty at KW Commercial on behalf of Zhuoquan MA sold unit #1 at 1527 Smith St., the former OSHO Sushi & Bar for $85,000, to Robert Fox on behalf of EBN Business Group, LLC. Elite Group acted on behalf of both the buyer and seller.
The Local Group of Lila Delman Compass sells 30,000 s/f Rose Furniture Company building
December 15, 2023
East Providence, RI Lila Delman Compass negotiated the $600,000 sale of 245 Warren Ave. The Local Group of Lila Delman Compass, represented the seller and facilitated for the buyer in this transaction. The building was known as “Rose Furniture Company” for over eight decades.
Amper of Capstone Properties sells 25,352 s/f industrial building for $2.15 million
December 15, 2023
Warwick, RI Neil Amper, SIOR, vice president of Capstone Properties has sold a 25,352 s/f industrial building located at 111 Plan Way. The facility is the former location of R.I. Rental, which Amper sold to them in 2001. The buyer was Nexgen Mechanical which is an HVAC contractor
Welchman joins Lila Delman Compass
December 15, 2023
Little Compton, RI Associate broker Renee Welchman has joined Lila Delman Compass’ office at 29 Meeting House Lane. Founder of the Welchman Real Estate Group, Welchman’s leadership and expertise has resulted in 750 transactions, totalling over $600 million
Kern, Schultheis and Rouse of Sweeney Real Estate & Appraisal negotiate five lease trans. totaling 1...
December 15, 2023
East Providence, RI Sweeney Real Estate & Appraisal negotiated five leases totaling 10,761 s/f. Jay Kern of Sweeney represented the landlords of 2823 Pawtucket Ave. in the lease to Miedu Group Inc. The lessee has plans to transform the 3,073 s/f former bank branch into a Montessori school.
Fair of Hayes & Sherry finalizes $3.3 million sale of
6.5-acre site to Skydra Development
December 15, 2023
Warwick, RI A major development is one step closer to getting shovels into the ground. At the end of October, Hayes & Sherry, a Cushman & Wakefield alliance member, closed the $3.3 million sale of a 6.5-acre property at 2119 Post Rd.
Old Colony Habitat for Humanity introduces new recipient family
December 8, 2023
Norton, MA The Creeden family is the next recipient of an Old Colony Habitat for Humanity home at 16 Ridge Rd. Joining hands with volunteers and the community, Old Colony Habitat for Humanity anticipates building not just a house but a home filled with hope, love, and shared dreams.
Clarion Partners inks over 64,000 s/f of leases at Merritt 7
December 1, 2023
Norwalk, CT Clarion Partners, LLC and Marcus Partners completed over 64,000 s/f of newly signed leases at Merritt 7 Park, including Kantar Group, a global data and marketing company, forest industry group Metsa, and Paris-based Ipsos, a leader in market research and consulting
IFMA Boston: Let’s look back at where we’ve been in 2023
December 8, 2023
Boston, MA It’s been a busy fall for IFMA Boston and before we head into the second half of our program year, let’s look back at where we’ve been. We started the year in August with a member only pop-up at Not Your Average Joe’s in Waltham where our members networked while enjoying cocktails and small bites.
Fannie Mae’s blacklist: Concerning for condo sales - by Edmund Allcock
December 8, 2023
Fannie Mae and Freddie Mac, which are under the conservatorship of the Federal Housing Finance Agency (FHFA) has developed a secret blacklist of condominiums, HOA’s and co-op’s which are ineligible for “conventional financing,” i.e. loans that can be sold on the secondary market. It will be difficult for owners in these blacklisted condominiums to either sell or refinance their units.
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BOMA Boston Update: TOBY & Industry Awards and BOMA Holiday Happy Hour
December 8, 2023
Boston, MA The BOMA TOBY & Industry Awards were held on Thursday, November 16th at the Westin Copley Place! BOMA Boston recognized the best and brightest in property management, building operations and service in the commercial real estate industry.
Clow of The Peabody Companies installed as ARM
December 8, 2023
Boston, MA April Clow was installed as an Accredited Residential Manager (ARM) of the Institute of Real Estate Management (IREM) during the December 6th Boston Friends of IREM Holiday Celebration.
MassDevelopment issues $12.04 million tax-exempt bond on behalf of Carol Avenue Apartments Owner LLC...
December 8, 2023
Brighton, MA MassDevelopment has issued a $12.04 million tax-exempt bond on behalf of Carol Avenue Apartments Owner LLC, an affiliate of Allston Brighton Community Development Corp. (CDC), which is using proceeds to buy, renovate, and preserve the Carol Avenue Apartments
Toll Brothers opens Regency at
Woodbridge - a 55+ community
December 8, 2023
Woodbridge, CT Toll Brothers, Inc. has opened Regency at Woodbridge, its newest active-adult 55+ community. Home buyers are invited to visit the sales center located at 50 Bradley Rd. Home buyers in Regency at Woodbridge will be able to choose from six new carriage-style townhome
Amenity space completed at The Parker
December 8, 2023
Boston, MA The private membership club-inspired amenities inside The Parker, one of Boston’s most luxurious new condos, has been completed. Overlooking Boston Common within the city’s Theater District, The Parker is inspired by the area’s rich history of personal expression.
Brendon Properties is developer for 40 Washington Station condo homes in Canton, MA - marketing by A...
December 8, 2023
Canton, MA Advisors Living, the residential real estate sales platform associated with Boston Realty Advisors, is the exclusive broker for Washington Station’s second phase of luxury homes in Canton Center, 40 condominiums in a new mid-rise building with underground parking.
Vicinity Energy 42MW industrial-scale electric boiler arrives at Kendall Sq. facility
December 8, 2023
Cambridge, MA According to Vicinity Energy, a decarbonization leader with one of the nation’s largest portfolios of district energy systems, its 42MW industrial-scale electric boiler has arrived, set to be installed at its Kendall Sq. facility.