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Timberline Construction hires Connell as CFO
November 17, 2023
Canton, MA With additional growth on the horizon, Timberline Construction Corp. (Timberline) and Timberline Communications Inc. (TCI) have hired Clare Connell as CFO. Connell’s accomplished background in accounting and finance, specifically in the construction sector, will have a transformative effect on the current and future growth of both organizations.
Elkus Manfredi Architects develops master plan for Simmons University
November 17, 2023
Boston, MA In 2017, Simmons University engaged Elkus Manfredi Architects to develop a master plan to establish a set of priorities and recommendations for the evolution of how the campus serves and supports academic programs, students, faculty and the community as the University enters its second century.
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Maugel DeStefano Architects designs 100,000 s/f interior transformation for Northeast Credit Union h...
November 17, 2023
Dover, NH Maugel DeStefano Architects has completed the design renderings of the interior transformation for the future 100,000 s/f headquarters for Northeast Credit Union’s new location.
Callahan Construction Managers completes two projects for Anthology Senior Living
November 17, 2023
Natick, MA Callahan Construction Managers (Callahan) has completed two new senior living residences on behalf of Anthology Senior Living in Natick and Millis, Mass. Specializing in creating a boutique-inspired senior living experience, Anthology Senior Living has set a new standard in senior living.
G.S. Wilcox & Co. sources $16 million for ShopRite anchored center
November 10, 2023
Flemington, NJ G.S. Wilcox & Co. has arranged $16 million in financing for a ShopRite anchored shopping center. The financing was secured by Wesley Wilcox, partner, and Albert Raymond, principal. A non-disclosed life insurance company provided the loan on a 10-year term
North Branch Construction promotes Quinn to foreman
November 17, 2023
Concord, NH North Branch Construction has promoted Patrick Quinn to foreman. Quinn joined the company in 2023 working as a lead carpenter.
KEMS Corp. and Finegold Alexander Architects begin construction of La Victoire
November 17, 2023
Boston, MA According to Finegold Alexander Architects, construction is underway for La Victoire at 25 Isabella St., an adaptive reuse project in the Bay Village neighborhood. Developed by KEMS Corp., the project gives new life into the former Our Lady of Victories Church, transforming the building into an all-electric 18-unit residential development.
Redbrook earns seven Prism Awards from The Builders and Remodelers Association of Greater Boston
November 17, 2023
Boston, MA The Builders and Remodelers Association of Greater Boston (BRAGB) presented Team Redbrook with another seven Prism Awards at a recent awards ceremony. The annual awards celebrate the best of the best in the region’s residential building industry.
Dellbrook|JKS to reconstruct the Veranda
House on Nantucket
November 17, 2023
Nantucket, MA On its original site in the island’s downtown district, Dellbrook|JKS is reconstructing the Veranda House, a boutique hotel on 3 Step Lane, with accommodations and views of the harbor.
Timberline Construction Corp. to build new 70,000 s/f academic building for Malden Catholic High Sch...
November 17, 2023
Malden, MA Malden Catholic High School’s (Malden Catholic) expansion plan for its academic and athletic programs has reached a milestone with a demolition ceremony at 50 Crystal St. Timberline Construction Corp. (Timberline) is completing the design-build of a new academic building and indoor athletic facility.
Project of the Month: BW Kennedy & Co. completes construction of Aspen Aerogels’ 59,000 s/f center...
November 17, 2023
Marlborough, MA Houston-based real estate investment and development company, McCord Development, Inc., hired BW Kennedy & Co. and Ci Design to transform an existing 59,000 s/f former retail building into an R&D property for tenant Aspen Aerogels, a technology leader in aerogel-based sustainability and electrification solutions.
Northeast Private Client Group promotes Paterno and Jordan
November 17, 2023
Shelton, CT Northeast Private Client Group (NPCG) has appointed Robert Paterno as vice president of brokerage. In his new role, Paterno will oversee: Strategic planning and communications, agent development, technology and innovation, team incentives and support.
Scungio, Andreozzi and Dupuis of Mott & Chace
sell 1 Old Farm Rd.
November 17, 2023
Berkley, MA Mott & Chace Sotheby’s International Realty negotiated the sale of 1 Old Farm Rd. for $3.9 million. The sellers were represented by Benjamin Scungio and Cheryl Andreozzi, and the buyers were represented by Christine Dupuis: all of Mott & Chace Sotheby’s International Realty.
The case for modular hotels in New England - by MacKenzie and Carter
November 17, 2023
Back in 2013 at an industry event in Orlando, FL., the idea was hatched that hotels did not always have to be stick-built on site but rather could be built in a factory, transported to a site, and lowered in place by a crane. At that time, modular home construction was well-established. Modular hotel construction, however, had yet to be done at any scale.
WAC arranges $900,000 loan for proposed 184-unit apartment project
November 17, 2023
Uncasville, CT Worth Avenue Capital (WAC) closed a $900,000 commercial loan to a developer who is purchasing 10+ acres and is planning on building 184 apartment units on the site. The loan is secured by a first mortgage on the property with an underlying LTV of 55%.
Boston Realty Advisors sells 33-41 West Street
November 17, 2023
Boston, MA Boston Realty Advisors (BRA) represented the owner in the sale of 33-41 West St., a 34,300 s/f pair of office buildings near the State House and Boston Common. An auction of the buildings was conducted in participation with WestTen-X.
Avison Young arranges 7,014 s/f sublease to Stride Funding at 10-24 School St.
November 17, 2023
Boston, MA Avison Young has secured a new sublease for Stride Funding to help accomodate their business growth. The FinTech company will relocate from their current 3,200 s/f office at 262 Washington St. to a larger space at 10-24 School St. totaling 7,014 s/f. The move will take place in the first quarter of 2024 and marks a substantial expansion for Stride Funding
The Modern Collective Group of Compass sells 120 Ferry Rd. for $1.1 million
November 17, 2023
Bristol, RI Compass sold 120 Ferry Rd. for $1.1 million. Adam Osetek, co-founder of The Modern Collective Group of Compass, represented the buyer. With aesthetic nods to an English estate gatehouse, this brick and shingle cottage features three bedrooms, two and one half bathrooms, oak paneling
South Coast Dermatology leases 17,000 s/f
with FoxRock Properties
November 17, 2023
Weymouth, MA JLL said that South Coast Dermatology has signed a lease with FoxRock Properties to relocate and expand its practice to a new 17,000 s/f space within FoxRock’s building, located at 97 Libbey Pkwy. The transition is expected to occur in early Q2 of 2024 where they will join other prominent medical providers in the building
Bradley of Horvath & Tremblay completes $5.74 million in sales
November 17, 2023
Springfield, MA Horvath & Tremblay’s Michael Bradley has completed the sale of four multifamily properties, 87 units, in Holyoke and Springfield for a total of $5.74 million. Bradley arranged the sale of a 16-unit apartment building in Springfield. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $1.375 million.