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BOMA Boston Update: BOMA Golf, & BOMI Classes
August 4, 2023
Boston, MA The Annual BOMA Golf Tournament was held on Monday, July 10th at Pinehills Golf Club. Around 300 BOMA members and guests took over both the Jones and Nicklaus courses for a round of 18. The day included a Hole in One from Chris Dlugolecki with IMG Technologies and the gracious donation of the 50/50 winnings to our charitable partner by winner, Steven Gilmore Jr.
CoreNet Global New England president’s message: The power of perspective - by Maureen Rystrom
August 4, 2023
With global access and local engagement opportunities, being part of The New England Chapter of CoreNet Global offers a unique opportunity to share in the best practices and contribute in meaningful ways to the corporate real estate industry. We hope to see some of our local and international members at the CoreNet Global East Meets West Summit in Dubai this September 12-14th and at the CoreNet Global North America Summit in Denver from October 28-30th.
R.W. Holmes leases 11,988 s/f at 320 Norwood Park South
August 4, 2023
Norwood, MA R.W. Holmes completed a 11,988 s/f lease to Gentex at 320 Norwood Park South. Last year, R.W. Holmes negotiated the purchase of 320 Norwood Park South to Brave Dog Properties, and serves as the exclusive leasing agent for the 40,000 s/f flex building.
Maugel DeStefano Architects and Green Leaf Construction complete 4,200 s/f medical office for Orthop...
August 4, 2023
Hudson, MA Maugel DeStefano Architects has completed a design-build with Green Leaf Construction for the 4,200 s/f medical office suite for Orthopedic Affiliates, a joint and sports medicine center, and Achieve Physical Therapy, specialists in the advanced treatment of orthopedic and sport injuries.
Calnan of J. Calnan & Associates honored as EY Entrepreneur of the Year 2023
August 4, 2023
Quincy, MA Jay Calnan, chief executive officer of J. Calnan & Associates (JC&A), has been named the EY Entrepreneur of the Year for 2023. The independent panel of judges recognized Calnan’s entrepreneurial spirit, long-term value creation, purpose-driven approach, growth, and impact in his field.
Horvath & Tremblay sells $2.774 million Walgreens at 525 Boston Post Rd. E, Marlborough, MA
August 4, 2023
Marlborough, MA Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of Walgreens (leasehold interest). Horvath & Tremblay exclusively represented the seller and procured the buyer to complete this transaction
Donaghey joins Torrington as director of property operations
August 4, 2023
Boston, MA Torrington Properties (Torrington) has hired Matthew Donaghey as the new director of property operations and asset management. With more than 15 years of experience, Donaghey most recently worked as vice president and director of operations for Hobbs Brook Real Estate (HBRE), where he managed a six million s/f property portfolio. Donaghey began his career with the real estate investment team at Fidelity Investments.
TND and EBNHC provide affordable housing and healthcare with new development
August 4, 2023
Everett, MA In a partnership, The Neighborhood Developers (TND), a leading affordable housing and community development organization, and East Boston Neighborhood Health Center (EBNHC), Massachusetts’ largest community-based primary care health system, unveiled the new St. Therese development on Broadway.
Builders of Color Coalition launches two-year research and analytics study
August 4, 2023
Boston, MA Builders of Color Coalition (BCC) has launched its two-year research and analytics study to enforce its mission of increasing access and diversity in the real estate sector, and to promote the economic well-being of minority-owned businesses whose products and services serve the real estate industry as well.
Advisors Living sells all 111 luxury units
at Stratus Residences
August 4, 2023
Brighton, MA Advisors Living, the residential real estate sales platform associated with Boston Realty Advisors, has sold all 111 luxury living units in Stratus Residences, on the 12-acre campus. Near the universities and health institutions of the city and with access to the MBTA’s Green Line, Stratus Residences - featuring studios to three-bedroom units - sold from $499,000 to $1.75 million.
WS Development tops off 707,000 s/f net zero carbon office building
August 4, 2023
Boston, MA WS Development celebrated the topping off of One Boston Wharf, the city’s largest net zero carbon office building, in the Seaport district. One Boston Wharf is a 707,000 s/f, 17-story building with ground floor retail and restaurant uses, as well as the 700-seat Seaport Performing Arts Center (SeaPAC) located on the 2nd and 3rd floors and 630,000 s/f of office space.
MassBio breaks ground on 4,000 s/f ‘Bioversity’ Workforce Training Center
August 4, 2023
Dorchester, MA MassBio has broken ground on new project Bioversity, its first workforce training center, at Southline Boston with community partners, key funders, city and state leaders and project developers in attendance. The workforce training center, scheduled to open in January 2024, plans to graduate its first 100 people next year into entry-level scientific operations jobs with local life sciences companies that will be a gateway to lifelong careers, educational attainment and economic opportunity.
Avison Young appoints Klaff as U.S. president
August 4, 2023
Washington, DC Avison Young said that Harry Klaff will transition to the role of U.S. president. Klaff’s deep industry knowledge within the firm and the commercial real estate industry will position him to lead Avison Young’s U.S. team, working closely with the firm’s CEO, principals, and executive team.
Caritas Communities appoints Meneely director of development communications
August 4, 2023
Braintree, MA Caritas Communities, a non-profit provider of low-income housing and services with a mission to prevent homelessness, has promoted Amy Meneely of Wayland, Mass. to run its fundraising and communication’s department as director of development communications. Meneely brings 25 years of experience in fundraising and communications, including the last five years at Caritas Communities.
JLL Capital Markets advises Sendero Capital and Angelo Gordon on acquisition of 53,120 s/f medical o...
August 4, 2023
Hamden, CT JLL Capital Markets advised on the acquisition of 1952 Whitney Ave., a 53,120 s/f medical office building. 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
US2 welcomes residents to Prospect Union Square
- 450-units at 50 Prospect St.
August 4, 2023
Somerville, MA US2, a joint venture between Magellan Development, RAS Development LLC, Cypress Equity Investments and Affinius Capital, have welcomed the first residents at Prospect Union Square, a 450-unit apartment community comprised of a mid-rise building and 25-story tower
Newmark promotes Berthelette to head of national life science research
August 4, 2023
Boston, MA Newmark has promoted Elizabeth Berthelette, CRE, expanding her oversight to the newly created head of national life science research role. Reporting to executive managing director of national research Jonathan Mazur, Berthelette will collaborate with research along with capital markets and brokerage professionals
Press of Press/Cuozzo Commercial brokers $238,000 sale of 2,550 s/f office condominium
August 4, 2023
Hamden, CT Stephen Press, SIOR, co-principal of Press/Cuozzo Commercial Services, brokered the sale of unit 105, 60 Washington Ave., a 2,550 s/f office condominium. The space had been the longtime home of Dr. Robert Lang,
Lessa and Klein of Marcus & Millichap sells 142,000 s/f office for $4.5 million
August 4, 2023
Haverhill, MA Marcus & Millichap negotiated the sale of a 142,000 s/f historic office building. The asset sold for $4.5 million. Lessa and Harrison Klein of Marcus & Millichap’s Boston office had the exclusive listing to market the property on behalf of the seller, a legacy family ownership group.
Millonig joins Weston & Sampson as senior project manager
August 4, 2023
Boston, MA Weston & Sampson welcomed Joshua Millonig, RLA to the firm as a senior project manager in their design practice. He brings over 16 years of experience as a versatile and creative landscape designer whose work includes small urban pocket parks up to large athletic complexes. He is adept at implementing landscapes that integrate existing features, new development, and compelling designs for public and private sector clients.