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Glennon of Atlantic Commercial RE completes 1,300 s/f office lease
May 19, 2023
Norwood, MA Atlantic Commercial Real Estate, LLC completed a 1,300 s/f lease transaction of office space, unit A2, located at 89 Access Rd., to School Search, Inc.
The Boulos Group arranges four transactions
totaling 38,483 s/f - including 19,984 s/f office le...
May 19, 2023
Dover, NH Q, Inc. leased 19,984 s/f of office space from Double Diamond Holdings South, LLC. Q, Inc. is a firearms manufacturer with a production plant located at Enterprise Dr. The tenant will be using their newly leased space at 271 Locust St. primarily for office.
Hotel owners “They get no respect” - by James O'Connell
May 19, 2023
As the late great Rodney Dangerfield would say… “I don’t get no respect”! Over the past three years, hotel owners have worked through shutdowns, only to experience a massive resurgence in the leisure sector. But they were forced to meet that new prosperity with one hand tied around their back, not being able to find enough labor to support the burgeoning business.
CBRE sells The Prescott at Concord - 350 units
May 19, 2023
Concord, MA Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler have sold The Prescott at Concord, a 350-unit apartment community. CBRE represented the seller, an institutional advisor and also procured the buyer, funds and accounts managed by BlackRock.
Why promotional products work - by Carlton Cooper
May 19, 2023
Promotional products, also known as advertising specialties, are an effective marketing tool because they generate goodwill, increase brand recognition, and create a lasting impression on customers. Promotional merchandise is any item branded with a logo or message that is gifted to promote a brand, product, service, or message.
Shawmut launches Mental Health & Wellness Leadership Group during Safety Week
May 19, 2023
Boston, MA Shawmut Design and Construction, a leading $1.3 billion national construction management firm, hosted its 14th annual Safety Week, focusing on physical and mental health, safety, and well-being.
Erland Construction completes 350,000 s/f project for Chestnut Hill Realty
May 19, 2023
Brookline, MA Erland Construction, alongside The Architectural Team and WaypointKLA, have completed 350,000 s/f of residential space for Chestnut Hill Realty at Hancock Village. Hancock Village now has an additional 211 apartment units and a new community center. Situated on 80 acres of landscaped property
Suffolk partners with Home Base to encourage OSHA to include suicide prevention in mandatory trainin...
May 19, 2023
Boston, MA To mark Construction Safety Week and the start of Mental Health Awareness Month, Suffolk, one of the largest and most innovative real estate and construction enterprises in the country, is partnering with Home Base, the first and largest U.S. private sector clinic dedicated to providing lifesaving clinical care and mental health support for veterans
Melanson of MANSARD arranges $1.395m sale of 55 Loon Hill Road
May 19, 2023
Dracut, MA Chris Melanson of MANSARD completed the $1.395 million sale of 55 Loon Hill Rd. Melanson represented the seller and procured the buyer in this transaction. 55 Loon Hill Rd. is located on a 3.67 acre lot surrounded by a retail center, Arbors Assisted Living, CVS, Circle Health Urgent Care, USPS and Dracut Police Department.
Norton and Girolamo of Horvath & Tremblay sell 16-units for $3.4m
May 19, 2023
North Andover, MA Spencer Norton and Stephen Girolamo of Horvath & Tremblay have arranged the sale of two multi-family & mixed-use investment properties. Norton and Girolamo represented the seller and procured the buyer to complete the transaction at a sale price of $3.4 million.
Ellis Realty Advisors completes $3.75 million sale of 71 Armstrong Road in Plymouth, MA
May 19, 2023
Plymouth, MA Ellis Realty Advisors has completed the sale of 71 Armstrong Rd. for $3.75 million. The industrial property was previously owned by Bel Air Company LLC, and was bought by JB Capital Management LLC. The 30,000 s/f flex/warehouse space was constructed in 1985 on a 3-acre plot, with accessibility to Rte. 3/44.
Shaw joins East Cambridge Savings Bank as business development manager
May 19, 2023
Woburn, MA East Cambridge Savings Bank has added Susan Shaw to the bank as business development manager at the Woburn Banking Center. In this role, Shaw will serve as the banking center manager and will oversee business development and banking center operations.
Project of the Month: Vivo Architecture and
BW Kennedy & Co. complete Anagenex and uniQure facil...
May 19, 2023
Lexington, MA VIVO Architecture recently partnered with BW Kennedy at 20 Maguire Rd., to provide lab and office space for two Biotechnology companies: Anagenex and uniQure. Although the selected suites initially were designed on spec, once end-user/tenants came on board VIVO and BW Kennedy were able to quickly pivot
Gienapp Architects hires Gavriel as project manager/architect
May 19, 2023
Danvers, MA According to Gienapp Architects, Frederick Gavriel has joined the firm as project manager/architect. Gavriel has over 37 years of design and construction experience including feasibility studies, programming, code reviews,
Third Rock Ventures engages Elkus Manfredi Architects to design new office
May 19, 2023
Boston, MA Third Rock Ventures, a leading healthcare venture capital firm, has engaged Elkus Manfredi Architects to conceive of and design their new workplace at 201 Brookline Ave. in the emerging Fenway life science district.
SGA, CV Properties, Cannon Hill Capital Partners and Consigli
Construction Co., Inc. celebrate t...
May 19, 2023
Somerville, MA SGA joined representatives from CV Properties, Cannon Hill Capital Partners, Consigli Construction Co., Inc., and the city of Somerville to celebrate the final steel beam being placed at the peak of Boynton Gateway.
East Brown Cow and Malone Commercial sell
42,000 s/f office space for $5.9 million to to Fork Fo...
May 19, 2023
Portland, ME East Brown Cow, in partnership with Malone Commercial Brokers, has sold 95-97 Darling Ave. to Fork Food Lab for $5.9 million. Construction at the 42,000 s/f office space is underway to convert the space into a shared commercial kitchen space and food business incubator.
MountainOne’s Harris is promoted to vice president, credit administration manager
May 12, 2023
Quincy, MA MountainOne Bank has appointed Marie Harris as vice president, credit administration manager. In this position, Harris oversees all aspects of the credit administration department, including commercial loan underwriting, portfolio review and monitoring, as well as
MEREDA to host panel discussion “Solving Maine’s Housing Crisis” on May 25
May 12, 2023
Portland, ME On May 25 the Maine Real Estate & Development Association (MEREDA) will host a conference on Maine’s housing crisis. “Housing is the topic on everyone’s minds and we need to be having more conversations with more people about solutions
R.W. Holmes: As office leasing velocity slows down, subleasing hits smaller companies in Greater Bos...
May 12, 2023
Wayland, MA R.W. Holmes, one of the largest commercial brokerage firms serving tenants and landlords in Massachusetts for more than 45 years, released its first quarter market report and forecasts for 2023. The report shows a growing discrepancy in the market between the continued success of industrial product and slowing office activity.