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JSA completes interior design for Kane’s 100,650 s/f 273 Corporate Dr. at the Pease International ...
April 7, 2023
Portsmouth, NH JSA Design completed a redesign of the interiors of 273 Corporate Dr., a 100,650 s/f office building located at the Pease International Tradeport. Built in 2001, 273 Corporate Dr. is a two-story, multi-tenant space owned by The Kane Company and managed by the Katz Group.
Walker & Dunlop closes on $46 million refinancing for Terrace Portfolio, a group of four assisted li...
April 7, 2023
Hanover, NH Walker & Dunlop, Inc. closed a $46 million 232/223(f) refinancing of the Terrace Portfolio, a group of four assisted living facilities located in Vermont and New Hampshire.
Derby Street Shops features open air shopping, first-to-market brands, dining, and more
April 7, 2023
Hingham, MA Open air shopping and lifestyle destination Derby Street Shops has been a part of the South Shore since 2004. Nearly twenty years after opening, Derby Street is connected more than ever to the community and its changing needs. As the South Shore’s population has grown by 7-10% in post-pandemic years,
DJSA Architecture designs 80-unit apartment complex at site of former nursing home; Miano Const. to ...
April 7, 2023
Weymouth, MA DJSA Architecture PC, a full-service architectural firm specializing in commercial and corporate design, is the architect for an adaptive reuse project at 125 Broad St., the site of the former Colonial Adult Day Care Health Center. DJSA was selected by multi-disciplinary real
Four ways to use Delaware Statutory Trusts for your 1031 Exchange - by Dwight Kay
April 7, 2023
Regardless of what economic trends are taking place, Delaware Statutory Trusts provide investors four timeless benefits for their 1031 Exchanges including deferring capital gains taxes, eliminating the headaches of active management (think the Three T’s: tenants, toilets, and trash), and the ability to create a more diversified* portfolio.
Tempered Optimism - by Keith Singh
April 7, 2023
Matt Damon and Ben Affleck are shooting a movie in Quincy, a sure sign spring is around the corner and the commercial real estate market is back to full health. Well, no - the arrival of hometown Hollywood actors filming in our backyards is not a good indicator for the arrival of spring, or the health of commercial real estate markets.
Company of the Month: By “Building relationships one project at a time…” Acella Construction c...
April 7, 2023
Pembroke, MA Continuing to build on its foundation of “Building relationships one project at a time,” Acella Construction Corporation has reached a 20th anniversary milestone this year, marking two decades since David Dirubbo founded the company known today as a leader in construction management throughout greater Boston.
Project of the Month: Hanover Crossing – a true transformation
April 7, 2023
Hanover, MA Perseverance is paying off! In 2016 PREP Property Group purchased the Hanover Mall with a vision of redeveloping it into a vibrant, relevant mixed-use center that caters to the town and the surrounding area’s shopping and entertainment needs.
Chestnut Hill Realty hosts ribbon cutting at John Adams Building on Asheville Rd. as part of Hancock...
April 7, 2023
Brookline, MA Continuing its commitment to expand local housing options, Chestnut Hill Realty has opened a 127-unit apartment building in the Hancock Village apartment home community in Brookline with a ribbon-cutting held on March 31.
J. Calnan & Associates gives back to the community by “Doing Well by Doing Good”
April 7, 2023
Boston, MA J. Calnan & Associates (JC&A) has a reputation throughout the industry for “Doing Well by Doing Good,” a philosophy that was one of their founding principles, and continues to drive their success 27 years later.
Strelke of R.W. Holmes negotiates 18,200 s/f lease to Source N.A.
April 7, 2023
Avon, MA R.W. Holmes has negotiated a new 18,200 s/f industrial lease at 284 Bodwell St. In the transaction, R.W. Holmes senior vice president Robert Strelke represented the tenant, Source N.A.,
Kelleher and Pentore of Horvath & Tremblay broker $6.625 million sale; Madelyn Garcia R.E. represent...
April 7, 2023
Chelsea, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of 218-230 Broadway, a 22-unit mixed-use building for $6.625 million. Horvath & Tremblay represented the seller. Madelyn Garcia of Madelyn Garcia Real Estate represents
CBRE handles $137.3m hotel portfolio sale
April 7, 2023
Norwood, MA CBRE has completed the sale of a 16-property, 2,155-key hotel portfolio located across nine states. A joint venture between Dallas-based Newcrest-Image and Phoenix-based Hospitality Capital Partners (HCP) acquired the portfolio for $137.3 million.
Moynihan of Ellis Realty Advisors completes $2.375 million sale
April 7, 2023
Plymouth, MA Ellis Realty Advisors (ERA) has completed the sale of 203 & 205 Taylor Ave., also known as The Sandpiper Inn. The fully leased 16-unit inn sold for $2.375 million to JTMF LLC. Colin Moynihan, senior partner at ERA, represented the seller and procured the buyer.
Elkus Manfredi Architects completes new updated office design for Mintz at One Financial Center
April 7, 2023
Boston, MA Mintz selected Elkus Manfredi Architects to create the new design for its flagship office at One Financial Center, which has been the firm’s home since 1984.
IFMA Boston names FMForward and Awards of Excellence keynote speaker: Dr. Joe Hirsch
April 7, 2023
Boston, MA IFMA Boston will host their 5th annual one day conference FMForward in conjunction with their 20th Annual Awards of Excellence on Wednesday, May 10th at Bentley University. This year’s event keynote is Dr. Joe Hirsch.
New England state CAI-LACs - The status of bills to-date
April 7, 2023
Wellsely, MA CAI Legislative Action Committees (LACs) work to affect change and monitor state legislation that will impact communities around New England. In 2023, LAC delegates have seen active legislative sessions that include several bills of interest to community associations in their states.
IREM Boson attends Boston Bruins game
April 7, 2023
Members of IREM Boston enjoyed some downtime and camaraderie on March 21st when they attended a Boston Bruins game.
Statewide rent control proposal an unfair plan - by David Barrett
April 7, 2023
If history repeats itself, recently introduced legislation for statewide rent control may again turn out to be what IREM Boston Chapter No. 4 considers to be an unsound economic policy.