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Shawmut Design and Construction breaks ground
on Hardy Elementary School - 80,000 s/f, $72.5m p...
July 14, 2023
Wellesley, MA Shawmut Design and Construction broke ground on the new 80,000 s/f Hardy Elementary School. Replacing a century-old facility, the new building will create a purpose-built, net-zero-ready, next-generation school designed with a focus on innovative learning for students across grades K-5.
Sidel of EagleBridge Capital arranges $3.9 million mortgage financing for an apartment property loca...
July 14, 2023
Boston, MA EagleBridge Capital has arranged acquisition/permanent mortgage financing in the amount of $3.9 million for an apartment property located on Grove St. in the city’s Beacon Hill neighborhood, one of the city’s oldest residential communities.
Keliher of Mainsail Management begins construction on two apartment projects
July 14, 2023
Dorchester, MA Jim Keliher, president of Mainsail Management has started the construction of 21 apartments located at 69 Bailey St. in the Ashmont area.
O’Hara of Coldwell Banker Commercial brokers $7.35m sale to CoreOne Industrial
July 14, 2023
East Granby, CT Chris O’Hara SVP, of Coldwell Banker Commercial, brokered two neighboring manufacturing buildings totaling 82,386 s/f located at 5 and 18 Connecticut South Dr., sold for $7.35 million. The sellers were 5-18 Connecticut Real Estate Holdings Company, LLC.
North Easton Savings Bank names Wagner as vice president, senior commercial lender
July 14, 2023
Easton, MA North Easton Savings Bank (NESB) has welcomed industry veteran Jillian Wagner as vice president, senior commercial lender to the bank’s growing team. Wagner brings with her a wide breadth of experience helping local and regional businesses secure financing, with a specialty focus on the deployment of renewable energy projects.
Quonset generates economic momentum for Ocean State - by Steven King
July 14, 2023
Quonset Business Park is a leading engine of economic development in Rhode Island. The former naval base has been transformed – now home to over 13,000 employees. Last month, we released the 2022 Economic Impact Report, conducted by Dr. Edinaldo Tebaldi of Bryant
Winchester Savings Bank appoints Salehpour and Cotter to board of trustees
July 14, 2023
Winchester, MA According to John Carroll, president and CEO of Winchester Savings Bank (WSB), they have appointed Sara Perkins Salehpour and Paula Cotter to the board of trustees.
Gatehouse Capital Partners, Fort Amsterdam Capital, and Crayhill Capital Management provide $85 mill...
July 14, 2023
Boston, MA Gatehouse Capital Partners and Fort Amsterdam Capital, along with Crayhill Capital Management have provided an $85 million condo inventory loan to Fortis Property Group, a vertically-integrated real investment management company with a portfolio valued in excess of $3 billion.
Elite Group at KW Commercial and Sweeney Real Estate lease 29,000 s/f industrial
July 14, 2023
Pawtucket, RI Michael Alves of the Elite Group at KW Commercial on behalf of the lessor Sami and Tara Trust leased 29,000 s/f industrial space at 89/93 Dunnell Ln. The tenant, Interplex Engineered Products, was seeking additional storage requirements, surplus
Washington Trust Charitable Foundation’s donation funds McAuley Village renovations
July 14, 2023
Providence, RI The Washington Trust Company (Washington Trust) said that the Washington Trust Charitable Foundation donated $20,000 to McAuley Ministries to fund renovations of two apartments at McAuley Village. The apartments provide safe, affordable,
Amper of Capstone Properties leases 28,727 s/f warehouse to Fisher Auto Parts
July 14, 2023
Johnston, RI Neil Amper of Capstone Properties has leased a 28,727 s/f warehouse located at 1 Carding Ln. to Fisher Auto Parts of Virginia. Fisher has 360 retail locations and has expanded into New England.
De La Cruz named director of sustainability for city of Providence
July 14, 2023
Providence, RI Mayor Brett Smiley named Priscilla De La Cruz as the director of sustainability for the city. De La Cruz has 14 years of experience in strategic management and marketing, environmental and climate justice advocacy and coalition
Buffum and Masterson of Mott & Chace sell 60-acre Horseshoe Farm for $3.5 million
July 14, 2023
Westerly, RI Mott & Chace Sotheby’s International Realty negotiated the sale of 9A Bradford Rd. for $3.5 million. The sellers were represented by Desa Buffum and Geb Masterson, both sales associates of Mott & Chace Sotheby’s International Realty
Sweeney Real Estate & Appraisal and Hayes & Sherry lease 4,387 s/f office space
July 14, 2023
West Warwick, RI Chicago Title Insurance Company signed a lease agreement at 1300 Division Rd. The firm leased 4,387 s/f in the Gardens Office Park. The firm plans on occupying the space come early September 2023.
The Goldman Group hires David Sisson Arch. to redesign former Woonsocket middle school into apartme...
July 14, 2023
Woonsocket, RI Following their acquisition of the former Woonsocket Middle School building at 357 Park Place, Boston-based developer The Goldman Group has engaged the team at David Sisson Architecture (DSA) to redesign the historic property into a luxury mixed-use
Washington Trust Co. selected to Forbes list of Best-In-State Banks
July 14, 2023
Westerly, RI The Washington Trust Co. has been selected to the Forbes list of Best-In-State Banks 2023. This award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. Washington Trust
Kern of Sweeney Real Estate sells two properties for $1.4 million - 227-233 Warren Ave. and 5-7 Berk...
July 14, 2023
East Providence, RI Jay Kern of Sweeney Real Estate & Appraisal represented the owners of 227-233 Warren Ave. and 5-7 Berkeley St. in the sale to Jose and Ana Matos. The mixed-use investment has three commercial units and a total of five residential units and sold
Dakota Partners receives funding
from RIHousing for Southpoint Commons
July 14, 2023
Westerly, RI Dakota Partners’ community, Southpoint Commons, has been awarded funding by RIHousing, as part of $101 million in capital from various federal and state resources to support affordable housing throughout the state. This is Dakota’s fourth
Shawmut Design and Construction completes renovation of Four Seasons Hotel Boston public spaces and ...
July 7, 2023
Boston, MA Shawmut Design and Construction, a leading $1.3 billion national construction management firm, announced the completion of the public spaces renovation at the Four Seasons Hotel Boston at 200 Boylston St. The transformation includes a new restaurant
Verada leases retail space to Bouldering Gym
July 7, 2023
New Haven, CT Verada, a Brooklyn based boutique real estate firm specializing in commercial retail space leasing and sales, announced Retail at Square 10, a new development. The Square 10 project offers a total of 12,500 s/f of commercial retail space, divided into three&