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2023 Ones to Watch Rising Stars: Matt Hohrath, Cambridge Savings Bank
May 26, 2023
What recent project, transaction or accomplishment are you most proud of? We look to partner with our borrowers to achieve what is best for their strategy. In a recent deal, our sponsor acquired an industrial property in Braintree, Mass. which was receiving interest from the market, but they couldn’t quite find the right tenant
Nantucket restaurant, Stubbys, opens first off-island location at the Seaport
May 26, 2023
Boston, MA Stubbys, the Nantucket eatery known for its classic menu and friendly service, is opening its first mainland location in the Seaport. The restaurant is set to open this month and will offer customers an expansive menu covering breakfast, lunch, dinner, and late-night.
The Boulos Company sells Legion Square Market building to Mainely Burgers
May 26, 2023
South Portland, ME 101 Ocean LLC purchased the former Legion Square Market building at 101 Ocean St. The LLC is operated by Jack and Max Barber, owners of Mainely Burgers food trucks and Mainely Burgers restaurant in Boston, MA.
MarketStreet expands with three new health and wellness offerings
May 26, 2023
Lynnfield, MA MarketStreet Lynnfield begins the spring season with an expansion of three openings among its collection of health & wellness offerings. MarketStreet welcomes the openings of Skin Laundry, Restore Hyper Wellness and Wellness in Motion. With these new offerings, MarketStreet Lynnfield expands upon its roster of health and wellness businesses
2023 Ones to Watch Rising Stars: Kelly Lyons, Shawmut Design and Construction
May 26, 2023
One thing on my bucket list: It’s a goal of mine to check out every UNESCO World Heritage Site across the world. So far, I’ve seen Pompeii, Rome, Venice, University of Coimbra in Portugal, Pico Azores, and Ireland – but there are so many more I would like to visit.
2023 Ones to Watch Rising Stars: Mandeep Banwait, AKF Group
May 26, 2023
What recent project, transaction or accomplishment are you most proud of? BIDMC East Campus Power Separation project. AKF has been working for several years on this multi-staged project to upgrade the entire electrical infrastructure of an existing active in-patient healthcare building.
MassDevelopment provides $276,250 loan to Harper Lane Brewery
May 26, 2023
Middleborough, MA MassDevelopment has provided a $276,250 equipment loan to Harper Lane Brewery LLC to help the company buy brewing equipment for its proposed facility at 16 Wareham St., including a canning line, kegs, a keg washer, tanks, refrigeration, and HVAC wall mount units.
Heidenberg Properties rebrands retail property and adds 60,000 s/f
May 26, 2023
Berlin, VT Heidenberg Properties Group has rebranded what was formerly the Berlin Mall as the Central Vermont Marketplace. The name change is a part of the property’s transition from a traditional mall into a mixed-use town center. This new era began in June 2022 with the opening of Chestnut Place
2023 Ones to Watch Rising Stars: Joseph Beck II, Haynes Group Inc.
May 26, 2023
What recent project, transaction or accomplishment are you most proud of? The current project I’m supervising is the biggest job I’ve run in terms of square footage and scope. It’s certainly had unique challenges that have kept me sharp, and I think those are the types of jobs we learn the most from and create the strongest relationships with our partners and clients.
Waldman Associates adds My Salon Suites and The Joint Chiropractic to the Walpole Mall
May 26, 2023
Walpole, MA Dan Waldman of Waldman Associates had previously been successful in leasing the Walpole Mall through 2019. Since then, Waldman has added the following tenants to the mall: Aldi’s Grocery, Five Below, X Golf and CBS Acupuncture are now open, and Duck Donut and Shah’s restaurant will be opening shortly.
F1 Arcade to open first U.S. location in the Seaport - 16,000 s/f
May 26, 2023
Boston, MA F1 Arcade, the world’s first official Formula 1 simulator racing experience to put socializing at its core, is opening its first U.S. location in the Seaport in March 2024. Combining social gaming with the excitement, glamour and thrills of Formula1, as well as food and drink offerings
2023 Ones to Watch Rising Stars: Jovanny Lamisere, Lee Kennedy Company
May 26, 2023
When I am not working, I am: I’m doing one of two things. I’m watching everything and anything that has to do with the Boston Celtics and when it’s football season, the New England Patriots. Second, I’m planning my next vacation to an island paradise.
Let’s talk retail - by Carol Todreas
May 26, 2023
The Gap is laying off hundreds of employees, Bed Bath &Beyond is finished and many others are ailing and failing. Retail is in a wild state of flux. Nothing is certain; yet consumers are still buying goods and most interestingly it has been predicted that brick and mortar is in a period of growth despite the other fact that e-commerce is also predicted to gain more of the consumer spending pie.
2023 Ones to Watch Rising Stars: Brett Kilar, Marcus & Millichap
May 26, 2023
What recent project, transaction or accomplishment are you most proud of? My client sold $15 million worth of apartment buildings in Connecticut and was seeking replacement properties. He needed to make a large 1031 purchase after the sale of an apartment building and was nearing the end of identification period.
NAI Glickman Kovago & Jacobs brokers
$734,000 sale to 153 Green Street LLC
May 26, 2023
Worcester, MA NAI Glickman Kovago & Jacobs facilitated the $734,000 sale of 153 Green St. The seller, Boston Capital Development LLC was represented by NAI Glickman Kovago & Jacobs principal Michael Jacobs. The buyer is 153 Green Street LLC.
2023 Ones to Watch Rising Stars: Shannon DiPhilippo, Manzo Freeman Development
May 26, 2023
What recent project, transaction or accomplishment are you most proud of? I’m most proud of our work at The Landing at Everett Mills located at 15 Union St. in Lawrence, Mass. We are investing significant capital to create a transformational mixed-use campus at the heart of downtown, supporting economic development and invigorating the community.
Commercial Realty Advisors leases 2,041 s/f to the Cordial Eye Gallery
May 26, 2023
Hyannis, MA Kevin Pepe, owner and managing director of Commercial Realty Advisors, Inc., has listed and leased 2,041 s/f of office/retail space located at 255 Main St. The agreement closed on April 13th. The new tenant is The Cordial Eye Gallery and Artist Space.
2023 Ones to Watch Rising Stars: Derek Bernat, Callahan Construction Managers
May 26, 2023
What recent project, transaction or accomplishment are you most proud of? Most recently I’ve been working towards creating a more respectful culture and environment for our trade partners in construction. I believe that respect in the construction industry at times gets lost due to fast-paced schedules and various restrictions enforced by the end goal.
2023 Ones to Watch Rising Stars: Adam Byrd, Callahan Construction Managers
May 26, 2023
What recent project, transaction or accomplishment are you most proud of? We were working on a multifamily development in Lynn, Mass. called Breakwater when the COVID-19 pandemic hit. We faced significant issues with manpower and material procurement due to supply chain issues. I am proud to say that we finished the project on time despite these challenges.
Newmark completes $45.25m sale
of 127,505 s/f Lincoln Plaza
May 26, 2023
Hingham, MA Newmark completes the $45.25 million sale of Lincoln Plaza, a grocery-anchored shopping center located 15 miles southeast of Boston. Newmark co-head of U.S. Capital Markets Robert Griffin and managing directors Jon Martin and Paul Penman of the firm’s Boston Capital Markets Group represented the seller.