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Welch joins Essex Savings Bank as vice president, senior business banking officer
July 14, 2023
Essex, CT Essex Savings Bank has added Carolyn Welch as vice president, senior business banking officer. “We are pleased that Ms. Welch has joined our expanding business. With over 40 years of experience in banking including over two decades in commercial lending, her experience will be an asset for both
CATIC forms National Agency Division
July 14, 2023
Rocky Hill, CT CATIC has formed its National Agency Division. The division will include Kyle Rank, senior vice president, national accounts manager who joined CATIC in January of this year. Joining Rank will be Christine Huff, vice president, national agency manager,
East Cambridge Savings Bank wins New England Financial Marketing Association award
July 14, 2023
Cambridge, MA East Cambridge Savings Bank received the Gold Award for Best Digital Marketing Campaign of 2022 at the New England Financial Marketing Association (NEFMA) 2023 Spring Conference. The bank’s award-winning Debit Card for Teens campaign was an extensive omni-channel marketing
MassDevelopment issues $25 million tax-exempt bond on behalf of CIL Realty of Massachusetts, Inc.
July 14, 2023
Boston, MA MassDevelopment has issued a $25 million tax-exempt bond on behalf of CIL Realty of Massachusetts, Inc. (CILRM), a nonprofit real estate developer that is using bond proceeds to buy, construct, and/or renovate 21 community residences in Massachusetts that will provide housing for up to 105 persons
HarborOne Bank relocates Randolph, MA branch to 19 Warren Street, replacing the current branch locat...
July 14, 2023
Randolph, MA In a move that will increase accessibility and convenience for customers, HarborOne Bank is relocating its local banking center to 19 Warren St., formerly home to Café Bella, replacing the current branch located at 245 North Main St.
Washington Trust named Best Place to Work
July 14, 2023
Westerly, RI The Washington Trust Company received the Best Places to Work Award in R.I. by Providence Business News (PBN). The bank was selected as top employer in the Enterprise category, representing companies with 500 or more employees. This is the 13th straight year Washington Trust has been recognized as a top employer.
Boylston Properties and J.P. Morgan close on $150m refinance from Northwestern Mutual
July 14, 2023
Watertown, MA Boylston Properties, a Boston-based developer of mixed-use properties, and J.P. Morgan Global Alternatives have closed on a $150 million loan from Northwestern Mutual for 100 Forge, a premier life science building. Located within Arsenal Yards along the Charles River, the nine-story 165,600 s/f class A building
East Providence continues to support small businesses - by Roberto DaSilva
July 14, 2023
The city of East Providence is proud to be home to several major companies in various sectors, such as health care and advanced manufacturing, that each provide jobs for hundreds of residents. However, the city realizes that businesses come in all shapes and sizes. Small businesses
SIOR NE Chapter holds annual golf outing on May 17, 2023 at Brae Burn Country Club
July 14, 2023
Newton, MA The SIOR New England Chapter held its annual golf outing on May 17, 2023 at Brae Burn Country Club. It was also a joint event with Dacon as a charitable event. Approximately 40 SIORs and guests attended the golf outing and the reception. Jeremy Freid, chapter president welcomed everyone prior to the scramble kick out.
Callaghan and Teeden of Mott & Chace sell 74 Caswell St. in Narragansett for $2.125 million
July 14, 2023
Narragansett, RI Mott & Chace Sotheby’s International Realty brokered the sale of 74 Caswell St. for $2.125 million. The sellers were represented by Judy Callaghan and The Soby Fox Team, and the buyers were represented by Jack Teeden
Pearce Real Estate celebrates 65 years of business and charitable giving
July 14, 2023
North Haven, CT Pearce Real Estate is celebrating 65 years of business, serving the needs of residential and commercial clients. The Pearce brand of service extends to the community at large, supporting dozens of local charitable organizations, which the company has done since its founding in 1958.
Spire Investments acquires 85-89 Cabot Street for $1.4 million
July 14, 2023
Beverly, MA Spire Investments has just completed the purchase of 85-89 Cabot St. The three-story brick building consists of six apartment units with a unit mix of one and two bedrooms. “At a purchase price of $1.4 million, this is another excellent asset to add to our portfolio,” said Jay Goldberg, owner and president of Spire Investments.
A.W. Perry recognizes facilities team for
80 years of service to the company
July 14, 2023
Boston, MA A.W. Perry recognizes Tom McLaughlin, Tom Leary, Steve DiPersio, Nick Bernard, Mark Scolponeti, Jose Lantigua, Jim Lannon, Cederik Arias, and Ulises Hernandez from its facilities team, spanning A.W. Perry’s Boston, South Shore, and North Shore property portfolio.
Colliers leases 6,870 s/f to Optima Dermatology
at 31 Stiles Road
July 14, 2023
Salem, NH Colliers has leased 6,870 s/f to Optima Dermatology & Medical Aesthetics at 31 Stiles Rd. Hugo Overdeput and Andrew Robbins, of Colliers’ Manchester office, represented the landlord and Sean McQuaid, of Eastern Retail Properties, Inc., represented the tenant in the transaction.
Hope & Main’s Schoolyard Market open on Wednesday’s for summer
July 14, 2023
Warren, RI If you’re not hanging out in the Schoolyard at Hope & Main on Wednesday evenings with a craft cocktail or mocktail and a freshly fried falafel pocket, Korean corn dog, or Rhode Island’s only Ethiopian food,
Marcus & Millichap brokers sale of 40,000 s/f
property for $2.5 million
July 14, 2023
Framingham, MA Marcus & Millichap has sold a 40,000 s/f industrial property. The asset sold for $2.5 million. “The building is a great representation of Framingham, having transitioned from manufacturing to a variety of creative uses,” said Harrison Klein, first vice president investments.
Vales joins Rockland Trust’s Providence commercial lending team
July 14, 2023
Providence, RI Rockland Trust has expanded its Rhode Island commercial lending team with the appointment of Manuel Vales to senior vice president, commercial loan officer. In this role, Vales is responsible for cultivating and nurturing new and existing commercial client relationships.
Winn Development Companies to convert former Nelson Aldrich Jr. High into affordable senior housing ...
July 14, 2023
The city moved another step forward in its ongoing efforts to see the revitalization and redevelopment of former school properties last month with the approval of a $2 million bid offered by Boston-based Winn Development Companies to purchase and convert the former Nelson Aldrich
SALMON Health and Retirement chief future officer joins MassDev. board
July 14, 2023
Boston, MA SALMON Health and Retirement’s chief future officer and third-generation owner, Andrew Salmon, has been appointed to the board of directors of MassDevelopment. MassDevelopment, the state’s development finance agency and land bank, works with businesses, nonprofits, and banks to stimulate economic growth.
SVN | Parsons Commercial Group | Boston completes leasing at 34 Hayden Rowe Street
July 14, 2023
Hopkinton, MA SVN Parsons Commercial Group - Boston has leased nine suites at 34 Hayden Rowe St., bringing the 50,366 s/f building to 100% occupancy on behalf of the landlord, Riverside Properties, Inc. The team, which consisted of advisors, Marilyn Santiago, Garrett Quinn and Trevor Holmes, were hired to lease the property in August 2021.