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2023 Women in Construction: Jennifer Johnson, Nitsch Engineering
March 31, 2023
How are you involved in community organizations and/or charities? I enjoy my involvement in several organizations across the AEC industry, including the watershed management committee for NEWEA (New England Water Environment Association), the water resources committee for EBC (Environmental Business Council), and the advocacy committee for the North and South River Watershed Association, my local watershed group.
2023 Women in Construction: Deborah Danik, Nitsch Engineering
March 31, 2023
What was your greatest professional achievement or most notable project in the last 12 months? We’re currently in the final phase of construction for the Boston Housing Authority’s Orient Heights redevelopment project in East Boston, which is replacing 331 affordable housing units.
Atlantic Property Management awarded multi-state portfolio
March 24, 2023
Boston, MA Atlantic Property Management continues to expand its property management platform nationally after being awarded 11 new management contracts across 7 states, totaling nearly 1.5 million s/f. The properties are located in Maine, New Hampshire, Massachusetts, New Jersey, Ohio, Pennsylvania, and Kentucky.
2023 Women in Construction: Michelle Callahan, Nitsch Engineering
March 31, 2023
How are you involved in community organizations and/or charities? I’m involved with CREW Boston (Commercial Real Estate Women): I co-chair the diversity, equity, and inclusion committee, and I’m also actively involved with the membership committee and the development project management committee.
NAI Glickman Kovago & Jacobs brokers $3.5m sale
March 31, 2023
Webster, MA NAI Glickman Kovago & Jacobs facilitated the $3.5 million sale of a multi-family portfolio consisting of 35 units in 10 properties. The seller, Hancock St. Holdings LLC was represented by NAI Glickman Kovago & Jacobs vice presidents David Eldredge, and Tim Whittredge.
Richetelli of Colonial Properrties brokers two transactions totaling $2 million
March 31, 2023
Hamden, CT Michael Richetelli, president and designated broker of Colonial Properties, Inc., has completed the following transactions. Richetelli, represented the seller, 110 Webb Street, LLC, in the sale of 110 Webb St. in Hamden, a 12,675 s/f light industrial building on .48 acres.
Institutional Property Advisors closes 518-unit multi-family sale
March 31, 2023
Middletown, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap, has sold a two-property, 518-unit multi-family portfolio. “Located between Hartford and New Haven, Middletown draws residents from employment centers in both cities,” said Victor Nolletti, IPA executive managing director investments.
Erland Construction sponsors NECC 5K Walk/Run for Autism
March 31, 2023
Southborough, MA The New England Center for Children(NECC) has selected Erland Construction to serve as the presenting sponsor of the 17th Annual NECC 5K Walk/Run for Autism. The event will take place on Saturday, May 13 at 10 a.m. at the Margaret A. Neary School.
SVN | Parsons Commercial Group | Boston completes $930,000 sale of 37.32-acre four parcel lot
March 31, 2023
Stow, MA SVN | Parsons Commercial Group | Boston has completed the sale of a 37.32-acre four parcel lot of raw land on Goshen Ln. for $930,000. Senior advisor, Jake Parsons, of SVN | Parsons represented the seller, EFMC Associates, and procured the buyer, Habitech Acquisitions, in the transaction.
O’Connell of Choyce Peterson negotiates 4,047 s/f lease for Southport Family Dental
March 31, 2023
Southport, CT Choyce Peterson, Inc., a full-service commercial real estate brokerage and consulting firm, has completed lease negotiations on behalf of Southport Family Dental for a 4,047 s/f office at 3530 Post Rd. Choyce Peterson vice president Charlene O’Connell represented Southport Family Dental in this transaction.
Atlantic Commercial brokers $1.6m sale of 9.94 acre industrial site
March 31, 2023
Middleborough, MA Atlantic Commercial Real Estate, LLC brokered the $1.6 million sale of 457-459 Wareham St., a 9.94-acre industrial development site. The site features a location off I-495 with frontage on both Rte. 28 and I-495.
Crepeau of BOND honored with AGCMA award
March 31, 2023
Boston, MA BOND Building congratulates employee Stephanie Crepeau for her recognition from the Association of General Contractors of Massachusetts (AGCMA) as Building Women in Construction Inspire Awards’ Rising Star of the Year. This award is designed to recognize and celebrate the most exemplary women in construction who demonstrate leadership, generosity, innovation, and unwavering commitment to their career, colleagues and industry.
Standard Communities acquires Canton Estates Apartments for $18 million
March 31, 2023
Canton, MA Standard Communities has acquired Canton Estates Apartments, a naturally-occurring affordable housing family community. The total capitalization of the transaction is $18 million. Located at 32 Neponset St. and 16 Bailey Ct., about 20 miles south of Boston,
Windover Construction promotes Seitz to project executive
March 31, 2023
Beverly, MA Windover Construction, a construction management firm focused on leading through innovation, has promoted Derrick Seitz to project executive. With 25 years in the industry, Seitz is a technical expert who excels at planning, using his experience as an estimator, superintendent, and project manager to ensure a project’s success from the start.
Boston Realty Advisors represents Historic Tours of America in $21m purchase of 53,872 s/f building
March 31, 2023
Malden, MA Boston Realty Advisors represented Historic Tours of America in the purchase of 129 Commercial St., a 53,872 s/f commercial building for $21 million. The seller was a joint venture partnership of Oliver Street Capital and partner Bain Capital. The sale closed on February 15th.
New England Chapter of CoreNet to honor Keliher with President’s Award
March 31, 2023
Boston, MA Maureen Rystrom, president of the New England Chapter of CoreNet Global, has selected corporate real estate attorney and long-time CoreNet member Cynthia Keliher as the recipient of the Doug Noonan President’s Award. The hand-picked honor will be presented to Keliher at the chapter’s annual Awards of Excellence Gala on April 27th
Experiential retail is driving consumer traffic and extending the shopping day - by Bill Greene
March 31, 2023
As we move further from the peak of pandemic-induced restrictions and closer to a second summer with lessened and, often, little-to-no social limitations, it is clear that pent-up consumer demand for how we spend leisure time is
O’Brien of Greater Boston Commercial Properties, Inc. represents buyer of 141,000 s/f building
March 31, 2023
Chelmsford, MA Bret O’Brien of Greater Boston Commercial Properties, Inc. represented the buyer of 63 Middlesex St. O’Brien acted on behalf of the buyer in the purchase of the 141,000 s/f industrial building to negotiate exceptional value at $3.153 million or $22 per s/f.
Municipal improvements of brownfields properties through court-supervised proceedings - by John Dors...
March 31, 2023
In a real estate market where developable properties situated to accommodate major land developments are limited in supply and highly competitive, municipal improvement of brownfields properties, particularly those involving a prior mill building or industrial use, through specialized court proceedings presents municipalities unique opportunities
Demand continues from tenants and investors - by Julie Freshman, George Paskalis and Mike Giuttari
March 31, 2023
The Rhode Island industrial market has been challenged by a lack of supply with vacancy rates in the 1% to 2% range for “modern” single-story industrial buildings, with little new construction of industrial buildings due