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Coastal Commercial Real Estate negotiates sale of 2,680 s/f mixed-use building
November 24, 2023
New Bedford, MA Coastal Commercial Real Estate brokered the sale of the historic Eldridge & Lombard office building located at 67 Allen St. The 2,680 s/f mixed-use building is situated close to downtown and St. Luke’s Hospital at the corner of Allen and County St.
McCauley joins JLL as a senior vice president
November 24, 2023
Boston, MA Chris McCauley joined JLL as a senior vice president to strengthen the growth of JLL Healthcare Solutions’ approach to planning, delivering, and operating healthcare providers’ real estate. With two decades in the field, McCauley will leverage his expertise, focusing on managing national healthcare portfolios
Geenty Group brokers 21,800 s/f office/industrial lease to TeraDAR
November 24, 2023
Guilford, CT The Geenty Group, Realtors negotiated a 10-year lease of 21,800 s/f of office/industrial space at 1 Shoreline Dr. to TeraDAR, Inc. Matthew Carey is the president of TeraDAR, which will use the space for the assembly and testing of specialty items
May joins Kelleher & Sadowsky as vice president
November 24, 2023
Worcester, MA Dan May as joined Kelleher & Sadowsky Associates as a vice president. He will provide retail and office real estate services to both tenants and landlords throughout New England. May was formerly with Cushman & Wakefield in Boston, where he was a senior transaction manager.
Mott & Chace Sotheby’s sells part of Cajacet Farm for $2.7 million
November 24, 2023
Jamestown, RI Mott & Chace Sotheby’s International Realty negotiated the sale of 840 East Shore Rd. for $2.7 million. The sellers were represented by Judy Chace and Erin Marsh of Mott & Chace Sotheby’s International Realty, and the buyers were represented by Joyce Antoniello of Island Realty.
Ligotti, Redeker and McGranaghan of Boston City Group, Inc. handle sale of 18-unit multifamily portf...
November 24, 2023
Plymouth, MA An 18-unit multifamily portfolio comprised of four buildings on 18-22 Forest Ave. Court, and 40 Bourne St., was sold on November 7, 2023, for $4.635 million. Caroline Ligotti, Linda Redeker and Emily McGranaghan of Boston City Group, Inc. at Coldwell Banker Commercial
Mailhoit joins Hancock as accounting manager
November 24, 2023
Danvers, MA Susan Mailhoit has joined Hancock Associates as accounting manager. Mailhoit has over 30 years of accounting and financial experience in diverse industries including construction, real estate and manufacturing. Prior to joining Hancock, she was finance manager at a local residential development company and was the owner/founder of SDM Financial Services.
JLL Capital Markets closes $9.6 million sale-leaseback of 113,000 s/f industrial building
November 24, 2023
Gardner, MA JLL Capital Markets has closed the $9.6 million sale-leaseback of 77 Industrial Rowe, a 113,000 s/f industrial building. JLL represented the seller, Garlock Flexibles, a portfolio company of Astara Capital Partners, in the sale to Philadelphia-based Valley Forge Private Equity.
Suffolk hosts Boston high school students during Mass. STEM Week
November 24, 2023
Boston, MA Suffolk, one of the largest and most innovative real estate and construction enterprises in the country, hosted students from four city high schools at its headquarters in Roxbury during Massachusetts STEM Week for a day of learning about the role of STEM in the construction industry today.
Downes Construction Company and D’Amato
Construction finalize $31 million project at Bristol C...
November 24, 2023
Bristol, CT Downes Construction Company has completed renovations to Bristol City Hall. The city held a rededication ceremony for the newly renovated Bristol City Hall on October 22nd. Downes’ president David Patrick and vice president of operations Thomas Romagnoli attended the ceremony to share in the celebration with members of the city.
Peabody Properties holds grand reopening of The Falls at 124 Water after $25 million renovation
November 24, 2023
Leominster, MA Peabody Properties, an affiliate of the Peabody Companies, a group of property management and real estate firms, held the grand reopening of The Falls at 124 Water (formerly Whitney Carriage Park).
2023 Ones to Watch - Industry Leaders: John Townsend of Northstar Project & Real Estate Services
November 24, 2023
What recent project, transaction or accomplishment are you most proud of? The accomplishment I am most proud of is working to establish Northstar, an owner’s project management firm, as a market leader in the life science sector for corporate and institutional clients.
2023 Ones to Watch - Industry Leaders: Tim Puopolo of CM&B
November 24, 2023
What recent project, transaction or accomplishment are you most proud of? We’re thrilled to be working on two significant projects in the academic sector. At Endicott College we serve as their program manager, overseeing the design and construction of their new residence hall and managing pre-construction for various future campus improvement projects.
2023 Ones to Watch - Industry Leaders: Jonathan Mareno of The Bulfinch Companies, Inc.
November 24, 2023
What recent project, transaction or accomplishment are you most proud of? ESG is a core principle of Bulfinch and remains an important focus for our investors, tenants, and company leadership. I proudly led the coordination efforts on projects designed to maximize energy savings and the enhancement of sustainable transportation options.
2023 Ones to Watch - Industry Leaders: Matt Quinlan of SVN | Parsons Commercial Group | Boston
November 24, 2023
What recent project, transaction or accomplishment are you most proud of? Our firm recently relocated to a new building in Natick, Mass., where we’ve created a purposefully designed office space that fosters collaboration and innovation. From acquisition to construction, this project was a full team effort, and I’m immensely proud of the work environment we’ve built.
2023 Ones to Watch - Industry Leaders: Elizabeth Krol of Ramboll
November 24, 2023
What recent project, transaction or accomplishment are you most proud of? One recent project that I am most proud of is our team’s support of our client’s pending real estate acquisition. The client is pursuing a mixed-use development with a complex site history.
2023 Ones to Watch - Industry Leaders: Tara Reilly of Elkus Manfredi Architects
December 1, 2023
What recent project, transaction or accomplishment are you most proud of? We designed a new office for Publicis Groupe, bringing together seven brands and 1,500 employees. We knew that engaging employees in the process was critical to its success, and that the standard design process wouldn’t be adequate to engage so many participants.
2023 Ones to Watch - Industry Leaders: Steven Vincent of Erland Construction
November 24, 2023
Best book, podcast, or app for aspiring leaders: The Art of War by Sun Tzu – Although The Art of War is written from a military perspective, the lessons within this book can be applied to your professional journey, aiding you in understanding the significance of planning, timing, and self-awareness.
2023 Ones to Watch - Industry Leaders: Eric Schultheis of Sweeney Real Estate & Appraisal
November 24, 2023
What recent project, transaction or accomplishment are you most proud of? I started in the Rhode Island market as an appraiser that had a salesperson license. My business was split heavily in favor of appraisal work – over the last five years I have expanded my network exponentially and developed lasting relationships within the Rhode Island business community.
2023 Ones to Watch - Industry Leaders: Joseph Tavares of Rockland Trust Bank
November 24, 2023
3 skills that you use every day in your position: Stay Educated: Keep up with current trends and events to stay informed. I wake up early each day to read or listen to a financial podcast. It’s critical to understand how global changes have local impacts. Stay Organized: I map out every day to stay on task. It’s very easy to get distracted.