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Nesmith of Colliers graduates from 2023 leadership program
September 1, 2023
Manchester, NH Colliers senior associate, Laura Nesmith, has graduated from the 2023 Leadership Greater Manchester program. This nine-month program is designed to stimulate and develop future leaders through direct exposure, interaction, and activities in various aspects of the community, with the goal of building a consensus among participants and fostering personal and professional relationships.
JLL assists Sendero and Angelo Gordon
in 82,000 s/f acquisition
September 1, 2023
Exeter, NH JLL Capital Markets (JLL) has arranged the acquisition of 1 Hampton Rd., a medical office campus comprised of two buildings totaling 82,000 s/f. JLL represented Sendero Capital and Angelo Gordon, who have formed a programmatic joint venture (also arranged by JLL) for up to $300 million in investments in outpatient healthcare real estate over the next two years, in the acquisition.
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The Boulos Company arranges 10,000 s/f warehouse lease for Venture Solar
September 1, 2023
Biddeford, ME Venture Solar leased 19 Pomerleau St. from MEC Realty, Inc. The company will use the 10,000 s/f industrial facility for their office and warehouse needs. The Boulos Companys’ Noah Stebbins represented the landlord and Claire Richardson represented the tenant.
Evernorth and MHIC to redevelop Yellow Barn Business Accelerator with $11.4m in NMTC funding
September 1, 2023
Hardwick, VT Evernorth Rural Ventures (Evernorth) and Massachusetts Housing Investment Corporation (MHIC) have closed on an $11.4 million in New Markets Tax Credit (NMTC) allocation for the redevelopment of the iconic “Yellow Barn.” The NMTC funding supports the construction of a new 25,137 s/f food business accelerator building and the adaptive reuse of the vacant, historic 4,762 s/f yellow dairy barn for use as a retail shop, collectively called the Yellow Barn Business Accelerator.
Greater Boston Commercial Properties arranges sale of 27,250 s/f property for $4.5m
September 8, 2023
Londonderry, NH James Keefe of Greater Boston Commercial Properties, Inc. represented the seller, Stahoo Properties, in the sale of 54 Wentworth Ave. for $4.5 million. The 27,250 s/f industrial/flex property is home to Richfield, Ohio-based Mobility Works, a leading provider of mobility solutions that maintains the largest inventory in the nation of wheelchair accessible vehicles.
Metro Walls named a 2023 Top 50 Contractor
September 1, 2023
Manchester, NH Metro Walls has been recognized as a “2023 Top 50 Contractor” by Walls & Ceilings magazine. This list is comprised of companies nationwide that lead the industry in workmanship, employee culture, safety and more. Metro Walls’ is honored to be acknowledged for their commitment to excellence and included among the most distinguished contractors in the nation.
Norton Asset Management and Harrington & Company represent seller in $1.28 million sale
September 1, 2023
Hooksett, NH Norton Asset Management and Harrington & Company have completed the sale of 200 Technology Dr. located off Exit 10, I-93. 200 Technology Dr. is a single story, 8,500 s/f, former medical office building previously occupied by NH Oncology & Hematology.
Bartley and Triglione of Nordlund Associates
complete $5 million sale of 22.4 acres
September 1, 2023
Epping, NH Rick Bartley and Anthony Triglione of Nordlund Associates represented the buyer, IBEW 104 – OSHE in the purchase of 22.4 acres on Fresh River Rd., from 101 Investments, LLC and listed by the Boulos Company. The pad-ready site was permitted to construct a 107,000 s/f industrial facility although the buyer intends to phase into the property and construct a smaller 15,000 s/f building.
Ciluzzi of Premier Commercial retained to market and sell The Provincetown Inn
August 25, 2023
Provincetown, MA John Ciluzzi, president of Premier Commercial, has been retained to market and sell the property located at 1 Commercial St. known as The Provincetown Inn.
Calare Properties completes sale of 95 Maple St. in Stoneham, MA - a 5.63-acre site for multifamily ...
August 25, 2023
Stoneham, MA Calare Properties (Calare) has completed the sale of 95 Maple St. in Stoneham, a well-positioned 5.63-acre site primed for multifamily development. The site, which currently includes a 23,000 s/f warehouse/office building, a 2,280 s/f garage, and 428 parking spaces, sold to a national apartment developer
Pioneer Charter purchases Peabody/Danvers development sites for $3.3 million - brokered by Nohrden o...
August 25, 2023
Peabody, MA Burgess Properties, LLC, one of Greater Boston’s premier suburban commercial brokerage firms, has brokered the sale of land parcels at 67 Pulaski St. in Peabody and 175 Water St. in Danvers
MassDevelopment issues $4m tax-exempt bond on behalf of Danvers Community YMCA to be used for renova...
August 25, 2023
Danvers, MA MassDevelopment has issued a $4 million tax-exempt bond on behalf of Danvers Community YMCA, which will use proceeds to renovate a portion of its facility at 34 Pickering St. Renovations to the building, which was built in 1950, will include enhancing its child care facility;
WinnResidential celebrates 5th anniversary of Facilities Maintenance Apprenticeship Program
August 25, 2023
Boston, MA WinnResidential, one of the state’s largest managers of affordable housing communities, is celebrating the 5th anniversary of its Facilities Maintenance Apprenticeship Program with the recent graduation of eight Mass. residents who will now embark on new careers
Thomas Park Investments acquires Reliant Healthcare Southborough - Advised by JLL Capital Markets
August 25, 2023
Southborough, MA According to JLL Capital Markets, Thomas Park Investments acquired Reliant Health Southborough, an outpatient medical campus totaling 125,000 s/f. JLL represented the joint venture between Thomas Park Investments and its equity partner in the acquisition and is the fourth acquisition of the venture.
Coastal Commercial Real Estate completes sale
of 13 Washburn Lane, Marion, MA
August 25, 2023
Marion, MA Coastal Commercial Real Estate has completed the sale of 13 Washburn Ln. The property was purchased by South Sagamore Services & Fence Co. Noble Vincent,
J. Calnan and Associates celebrates subcontractors with appreciation events
August 25, 2023
Quincy, MA J. Calnan and Associates (JC&A) one of the largest merit shop construction managers in the Northeast and a construction management leader in the life sciences industry, hosted two appreciation events for its subcontractors at their most recent lab redevelopment projects
Ellis Realty Advisors served as consultant
to JEI Ventures project
August 25, 2023
Plymouth, MA Ellis Realty Advisors, now celebrating its fifth year in business, takes pride in its involvement with 5 & 7 Water St. Apartments. The team at Ellis Realty Advisors initially served as a consultant to JEI Ventures for the 16 loft-style town home complex
Herbert Newman of Newman Architects passes away at age 89
August 25, 2023
New Haven, CT Newman Architects is saddened to report that Herbert S. Newman, FAIA, founder and principal emeritus, passed away on August 7th, at the age of 89. He leaves behind a legacy of significant contributions to the built environment of the city of New Haven
Cullinan of Freudenheim Partners facilitates lease for Flare Education
August 25, 2023
Roxbury, MA Freudenheim Partners has facilitated a new lease for Flare Education, a nonprofit providing critical training and experiences for high needs students, helping close the opportunity and achievement gaps.
Bowdoin Construction promotes Healey to project executive and hires Carroll as assistant project man...
August 25, 2023
Needham, MA According to Bowdoin Construction, Rich Healey was promoted to the role of project executive. Healey joined Bowdoin as a project manager in 2017, and quickly became a valued contributor to the operations team, subsequently promoted to senior project manager.