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Newmark completes $45 million sale of
One Liberty Square - 157,467 s/f office
September 22, 2023
Boston, MA Newmark has completed the $45 million sale of One Liberty Square, a “jewel box” office/retail asset. Newmark co-head of U.S. Capital Markets Robert Griffin, executive vice chairman Edward Maher, vice chairman Matthew Pullen, senior managing director Samantha Hallowell
LeBeau joins Hancock Associates as engineering manager and project manager
September 22, 2023
Danvers, MA According to Hancock Associates, a leading provider of land surveying, civil engineering and wetland science services, Jeffrey LeBeau, Jr., PE has joined the firm as engineering manager and project manager. LeBeau has
Erland Construction and TBA Architects partner with Lighthouse School on new 23,000 s/f building - t...
September 22, 2023
Chelmsford, MA Lighthouse School has selected Erland Construction, Inc. and TBA Architects to construct a new 23,000 s/f school building, designated the Breakwater House, on their growing campus. Lighthouse is a 56-year-old not-for-profit institution
Groom Construction Co. hires Prince, Rizzo and Dube
September 22, 2023
Boston, MA Groom Construction Co. Inc. continues to expand with the hiring of three new employees, senior preconstruction/design build architect Jeff Prince, superintendent Chris Rizzo, and marketing manager Maegan Dube.
Skanska Building USA completes $256 million
renovations of Belmont Middle and High School
September 22, 2023
Belmont, MA Skanska has completed the $256 million, 451,000 s/f construction and renovation of the new Belmont Middle and High School. The project, awarded to Skanska by the town, aimed to replace the high school with a new facility to encompass grades
Royal Properties arranges 10-year lease for LaserAway - 1,625 s/f
September 22, 2023
Stamford, CT Royal Properties, Inc. has arranged a 10-year lease for LaserAway with options at 2000 West Main St. (Rte. 1). LaserAway has leased 1,625 s/f in ShopRite Plaza, bringing the center to 100% occupancy. The center is situated off I-95 at the Old Greenwich and Stamford border and provides 540 parking spaces.
Penman of Newmark brokers sale of Windsor Court - 78,500 s/f
September 22, 2023
Windsor, CT Newmark has completed the sale of Windsor Court, a grocery-anchored shopping center. Newmark managing director Paul Penman of the firm’s Boston Capital Markets Group’s retail practice represented the undisclosed seller and procured the buyer, First National Realty Partners. Newmark co-head of U.S. Capital Markets Robert Griffin and managing director Jon Martin provided additional support on the transaction.
Kelleher & Sadowsky arranges second office location for Timberline Construction Corp.
September 22, 2023
Worcester, MA Timberline Construction Corp. (Timberline) is expanding to better service their clients in central and western Massachusetts, New Hampshire and Connecticut. As of June 2023, Timberline has opened its second office location
Lyman Real Estate completes $795,000 sale for new Fine Fettle dispensary location 4,920 s/f
September 22, 2023
Old Saybrook, CT The 4,920 s/f retail building at 233 Boston Post Rd. has been purchased by 233 Boston Post LLC, who will be leasing it to Fine Fettle for the cannabis dispensary’s fifth Connecticut location. The transaction was announced by Ron Lyman, CCIM, CEO of Lyman Real Estate Brokerage & Development
Connecticut CCIM Chapter deals of the month - September 2023
September 22, 2023
Orange, CT The CT CCIM Chapter completed the following deals for the month for September: Carl Russell, CCIM, SIOR, of H. Pearce Real Estate was the cooperating agent in the sale of 401 Boston Post Rd. The 29,750 s/f building on 3.06 acres closed on July 20, 2023 for $4.1 million.
Neubert, Pepe & Monteith welcomes Smith as associate
September 22, 2023
New Haven, CT The law firm of Neubert, Pepe & Monteith, P.C. (NPM) has welcomed attorney Amy Smith as an associate. Smith practices in the areas of trusts and estates, probate, and real estate law. She works with clients to develop estate plan incorporating succession planning for closely held entities to effectively coordinate business and estate plans.
Press|Cuozzo Commercial arranges 2,500 s/f lease
September 22, 2023
Hamden, CT Stephen Press, SIOR, of Press|Cuozzo Commercial services has arranged the signing of a full floor, 2,500 s/f lease at the Meadowbrook Building, 2751 Dixwell Ave.
CBRE arranges sale of two properties
totaling $13.6 million - 42,794 s/f
September 22, 2023
Greenwich, CT Jeffrey Dunne, Steven Bardsley, Travis Langer and Daniel Blumenkrantz of CBRE’s Institutional Properties represented the seller in the sale of 39 Lewis St., a 91% leased mixed-use CBD property in Greenwich, for $9.3 million ($545 per s/f) and 23 Old Kings Hwy., an 86% leased boutique
Connolly Brothers completes New England Academy’s private special education campus - 28,055 s/f
September 22, 2023
Marshfield, MA Connolly Brothers, Inc. has completed construction on New England Academy’s new South Shore campus at 51 Commerce Way. New England Academy (NEA) is a private special education school devoted to providing students in grades 7 through 12 with
JCJ Architecture, LeftField and Fontaine Bros. break
ground on 112,784 s/f Tyngsborough Middle ...
September 22, 2023
Tyngsborough, MA Officials from Tyngsborough Public Schools, the Commonwealth of Massachusetts, and the town joined students, educators, and representatives from LeftField, JCJ Architecture, and Fontaine Bros. to celebrate the official
Project of the Month: MBI lab incubator space completed by Timberline Construction will support Worc...
September 22, 2023
Worcester, MA Massachusetts Biomedical Initiatives (MBI), a non-profit organization dedicated to advancing the life sciences and biotechnology industries, has just opened their new incubator space. Timberline Construction Corp. (Timberline)
Houlihan Lawrence Commercial completes four lease transactions in Fairfield county - totaling approx...
September 22, 2023
Greenwich, CT Houlihan Lawrence Commercial has completed approximately 5,300 s/f in commercial leases for four properties in Fairfield county. The lease transactions are: • 382 Greenwich Ave., Greenwich
O’Hara of Coldwell Banker brokers $7.5m
sale of 93-acre property
September 22, 2023
Middlebury, CT Chris O’Hara, senior vice president of Coldwell Banker Commercial Realty, completed the sale of Timex Group, USA corporate headquarters located at 555 Christian Rd. O’Hara represented Timex Group USA in the $7.5 million sale to Drubner Equities, Florida LLC, and Atlantic
Westport Tennis Club installs solar system with C-PACE financing
September 22, 2023
Westport, CT Westport Tennis Club, 1696 Post Rd. East, installed a solar photovoltaic (PV) system on their roof using Commercial Property Assessed Clean Energy (C-PACE) financing. The 60.72 kW system is expected to save the facility more than $328,090 in avoided electricity costs over the 20-year financing term.