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CBRE handles sale of Holiday Inn Express & Suites Manchester-Airport located at 1298 S. Porter St.
June 16, 2023
Manchester, NH CBRE has completed the sale of Holiday Inn Express & Suites Manchester-Airport located at 1298 S. Porter St. The hotel was acquired by Manchester Hospitality. The sale price was not disclosed.
Feinmann, president of Feinmann, Inc., named 2023 Mentor of the Year by the Professional Remodeling ...
June 16, 2023
Boston, MA Peter Feinmann, president of the award-winning design-build firm, Feinmann, Inc., was distinguished as the 2023 Mentor of the Year by the Professional Remodeling Organization (PRO) New England.
NAI Glickman Kovago & Jacobs facilitates $1.860 million sale
June 16, 2023
Worcester, MA NAI Glickman Kovago & Jacobs facilitated the sale of 7 Brookfield St., a 13,080 s/f industrial/manufacturing building on two acres. The seller is Howard Products, Inc. The buyer is 7 Brookfield Realty, LLC.
Chestnut Hill Realty donates $100,000 to Brookline Teen Center to mark opening of John Adams apartme...
June 16, 2023
Brookline, MA Chestnut Hill Realty marked the opening of its new, 127-unit John Adams apartment building in Hancock Village with a $100,000 donation to the Brookline Teen Center. The donation is in recognition of 10 years of leadership at the Teen Center by Bobby Zuker
Peabody Resident Services, Inc. names Pisani director of resident & community programs
June 16, 2023
Braintree, MA According to Peabody Resident Services, Inc. (PRSI), an affiliate of the Peabody Companies, a group of award-winning property management and real estate firms, Misty Pisani has been named as director of resident and community programs.
Marcus Partners leases a new 88,200 s/f class A
warehouse building at 7 Manley St. to 4Wall Ente...
June 16, 2023
West Bridgewater, MA According to Marcus Partners, 4Wall Entertainment has signed a lease to fully occupy a new 88,200 s/f class A warehouse building at 7 Manley St. 7 Manley will represent the firm’s fourth newly constructed industrial project in Greater Boston over the past two years to be fully leased prior to completion.
RISE to develop major film production campus at Banner Park in Braintree, MA a 123-acre site fully p...
June 16, 2023
Braintree, MA RISE, a Boston-based minority owned, vertically integrated development and construction management firm, has retained the development rights to the Banner Park campus, a 123-acre site fully permitted for a major film production studio. With key access to I-93 and local filming locations
Northeast Private Client Group facilitates the sale of Willard Street Apartments in Lowell, MA for $...
June 16, 2023
Lowell, MA Northeast Private Client Group (NEPCG) has completed the sale of Willard Street Apartments. Senior associates Francis Saenz, Drew Kirkland, Jim Casey, Brad Carlson, and associate Brett Curtis represented the seller and procured the buyer for the $12.85 million transaction.
Pepe of Commercial Realty Advisors, Inc. handles $400,000 sale - sold by Sovereign Cape Cod Investor...
June 16, 2023
Wareham, MA Commercial Realty Advisors, Inc. has completed the sale of 261 Main St. The property, listed by Kevin Pepe, managing director of Commercial Realty Advisors, was sold for $400,000 to 261 Wareham LLC.
Antoni of Mott & Chace Sotheby’s International Realty brokers $839,000 sale of of 160 Highland St....
June 16, 2023
Taunton, MA Mott & Chace Sotheby’s International Realty has negotaited the sale of 160 Highland St. for $839,000. The sellers were represented by Stephen Antoni of Mott & Chace Sotheby’s International Realty.
Strelke of R.W. Holmes assists Atlantic Management in 10,000 s/f lease - Cushman & Wakefield represe...
June 16, 2023
Easton, MA R.W. Holmes has brokered a new 10,000 s/f industrial lease in Easton Industrial Park. Precision Doors & Hardware, commercial doors, frames, and hardware supplier signed the new lease for 10,000 s/f at 19 Norfolk Dr. R.W. Holmes vice president Robert Strelke represented the landlord
Aucella and Albarnougui join Keliher Real Estate - one of the oldest-operating boutique brokerages i...
June 16, 2023
Boston, MA Ralph Aucella and Chaouki Albarnougui have joined Keliher Real Estate. Founded in 1985 and located at 251 Newbury St., the firm is one of the oldest-operating boutique brokerages in the city.
Skanska and Simmons University finalize ground lease to enable development of transformational Longw...
June 16, 2023
Boston, MA According to Skanska USA Commercial Development, its Longwood Place project, a proposed 1.7 million s/f mixed-use development that will bring new life science, office, housing, retail, community space, and public realm improvements to the Longwood Medical Area (LMA), has received official zoning approval of its Planned Development Area (PDA)
Colliers secures $23 million in financing for
development at 52 School St. in Everett, MA for RI...
June 16, 2023
Everett, MA Colliers was exclusively engaged by RISE, a community-focused development company with related construction management, and btcRE, a boutique real estate development, investment and advisory firm, to secure funding for the new apartment building at 52 School St. in Everett.
Berkshire Hathaway HomeServices Robert Paul Properties acquires Berkshire Hathaway HomeServices Cape...
June 9, 2023
Osterville, MA Berkshire Hathaway HomeServices Robert Paul Properties, a division of Commonwealth Realty Group, LLC, has completed the acquisition of Berkshire Hathaway HomeServices Cape Shores Real Estate, one of Cape Cod’s premier real estate and vacation rental brokerages.
Herrick Lutts Realty Partners brokers sale of $1.9 million, 6-unit apartment building in Melrose
June 9, 2023
Melrose, MA Herrick Lutts Realty Partners, an established commercial and residential real estate firm which has served the North Shore for over 25 years, has completed the successful sale of a 6-unit brick apartment building located at 51 Lynde St
REFA is heating up for summer
June 9, 2023
Boston, MA REFA held its Annual Past President Luncheon on Monday, May 22nd. The gathering brings together the current president, Nilesh Bubna, Longpoint Realty Partners, and all past presidents to network, learn what REFA has accomplished the past year
MassDevelopment issues $129m tax-exempt bond to 2Life Opus to build 174-apartment community for midd...
June 9, 2023
Newton, MA MassDevelopment has issued a $129 million tax-exempt bond on behalf of 2Life Opus Newton LLC, an affiliate of 2Life Communities Inc., which is using proceeds to purchase four acres of land at 777 Winchester St. and build a 174-apartment senior living community for individuals aged 62 and older. Dubbed Opus Newton, the community will offer gathering spaces including a library, café, business center, game room
The changing reality of the American dream - by David Kirk
June 9, 2023
Not my headline. However, a good place to start the new story of once upon a time! Over time, the built environment has responded to the physical needs and desires of the community for sustenance and survival. Now those needs and desires are changing, and so are the dreams! The rather remarkable rate of change in retail and, now, office property has significantly impacted the value in use of commercial property.
Commercial real estate: Not bottomed yet - by Daniel Calano
June 9, 2023
The commercial real estate market is seriously troubled, and relief is not in view. That said, not all commercial is the same. The broad group of commercial property includes many groups from multifamily housing, to retail, to self-storage and warehousing. Not all commercial is in the same boat. The best is multi-family. The worst case is office, and even this, can be parsed to include class A new buildings, to older deteriorated ones.