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Shawmut Design and Construction completes WPI’s Center for Well-Being
March 24, 2023
Worcester, MA Shawmut Design and Construction joined Worcester Polytechnic Institute (WPI) to cut the ribbon on the Center for Well-Being, a model of wellness programming and support for the WPI campus community. Spanning 3,000 s/f, the visionary new center—designed by Lamoureux Pagano Associates | Architects—includes a welcome desk staffed by students serving as Peer Well-Being Ambassadors, staff offices, and a wellness hub with comfortable seating where students can connect or relax.
Roger Saunders: A life lived in the hotel business - by Ken MacKenzie
March 24, 2023
“We try harder” was Roger Saunders’ answer to the question why he was able to succeed at Boston’s Park Plaza hotel (f/k/a the Statler Hilton) where Hilton had failed. Roger did not just try hard. He succeeded. And in spectacular fashion. Many of the elements of our current hospitality industry which we now take for granted were innovated by Roger.
Petrovick promoted to director at Elaine Construction
March 24, 2023
Newton, MA Caroline Petrovick has been promoted to director, academic sector at Elaine Construction Co. Petrovick joined Elaine Construction in 2017 bringing with her experience as both a practicing architect and a project manager in her role overseeing capital design and construction projects at Harvard University.
Marks and Andre join JLL brokeage team
March 24, 2023
Boston, MA JLL bolstered its brokerage team with the hiring of two industry veterans with industrial investor and occupier relationships expertise. Rachel Marks is joining as managing director, and Chelsea Andre as vice president–both come to JLL from CBRE.
Ogasapian of R.W. Holmes leases 18,634 s/f at 205 Wildwood Ave.
March 24, 2023
Woburn, MA R.W. Holmes said that Electric Supply Center (ESC) has leased an additional 18,634 s/f of industrial space at 205 Wildwood Ave., bringing the building to full occupancy. Mike Ogasapian, vice president at R.W. Holmes, worked on behalf of the property owner, Atlantic Management, marketing additional space before securing an expansion with ESC, who now occupies the entire 135,000 s/f building.
Boyle of LandVest facilitates sale of C&C Reading Farm
March 24, 2023
West Bridgewater, MA C&C Reading Farm in Southeastern Massachusetts has a new owner following its sale. The 74-acre farm sold for $1.5 million with the personal property (farm equipment, etc.) sold for an additional $300,000. Terry Boyle of LandVest represented the seller.
Girolamo of Horvath & Tremblay sells two mixed-use properties for $3.1 million
March 24, 2023
Gloucester, MA Steve Girolamo of Horvath & Tremblay has completed the sale of two mixed-use properties for a total of $3,143,500. Girolamo arranged the sale of 50 Rogers St., which closed for $1.675 million.
The Peabody Companies named leading organization in diversity, equity & inclusion by Massachusetts A...
March 24, 2023
Boston, MA The Peabody Companies was named the leading organization in diversity, equity & inclusion by the Massachusetts Apartment Association (MAA) during its recent President’s & Achievement Awards ceremony held at Westin Copley Place. The annual event honors the hard work, great service, and important skills within the multi-family housing industry.
SVN | Parsons Commercial Group | Boston sells
28,000 s/f industrial for $2.65 million to Bornbam...
March 24, 2023
Westborough, MA SVN | Parsons Commercial Group | Boston (SVN | PCG) has completed the sale of a 28,000 s/f industrial building along Rte. 9 at 80 Turnpike Rd. for $2.65 million. Associate advisor, Ryan Parsons, of SVN | Parsons Commercial Group | Boston represented the seller, 80 Turnpike, LLC, and procured the buyer, Bornbam Associates, LLC.
Ellis Realty Advisors completes $3.2m sale of 26,575 s/f industrial flex building
March 24, 2023
Hingham, MA Ellis Realty Advisors negotiated the sale of 72 Sharp St., Building B. Dave Ellis exclusively represented the seller and buyer in the $3.2 million sale of this 26,575 s/f industrial/flex building.
Are you ready to use chatGPT in your business? by Michael Houge
March 24, 2023
If you haven’t yet heard, there is an Artificial Intelligence (AI) tool that has been taking the internet by storm called chatGPT. It has been used for helping individuals, organizations, and businesses write a large variety of written works. I recently started experimenting with it to see what all the hype was about.
The Stubblebine Company/CORFAC leases 15,571 s/f at Ward Hill Industrial Park
March 24, 2023
Haverhill, MA New England Ice Cream Corp. leased a 15,571 s/f industrial building on two acres at 125 Ward Hill Ave. The property is located 1.1 miles from I-495 in the Ward Hill Industrial Park.
Newmark and Colliers broker 43,000 s/f lease at Bulfinch’s
117 Kendrick Street building in Nee...
March 24, 2023
Needham, MA An affiliate of The Bulfinch Companies, Inc. (Bulfinch) said that a new long-term lease was negotiated with Evolved By Nature, Inc. for 43,000 s/f at 117 Kendrick St. 117 Kendrick is a 213,000 s/f office and lab building in the heart of Needham Crossing, the town’s innovation hub and home to some of the nation’s fastest growing technology companies such as Trip Advisor, Shark/Ninja, Big Belly Solar, and IDG.
CT CCIM to hold annual DealMaker awards - April 6
March 24, 2023
Branford, CT - The CCIM Connecticut Chapter will host its annual DealMaker Awards event on April 6, 2023, from 5:00 - 8:00 p.m. at Stony Creek Brewery, 5 Indian Neck Rd. All commercial real estate and affiliated professionals are welcome to attend. The chapter will
Cawley of National Multifamily and Doherty and Deasy of Skytree Investments complete two building po...
March 24, 2023
New Britain, CT Skytree Investments and National Multifamily Corp. brokered the sale of a two-building, 11-unit portfolio to a New York-based investor for $1.06 million ($96,364 per unit). The deal consisted of a six-unit apartment building located at 666 East St. and a five-unit mixed-use
Munro and Brooks of Brown Harris Stevens sell 11 Harbor Bluff Lane - $7 million
March 24, 2023
Rowayton, CT Brown Harris Stevens (BHS) brokered the $7 million all-time record condo sale in Connecticut history, trading nearly 13% above its $6,195,000 asking price. The home was listed by Brown Harris Stevens agent Becky Munro. The unnamed local buyers were represented by Brown Harris Stevens
Marcus & Millichap arranges sale of 64,148 s/f self-storage development
March 24, 2023
New Haven, CT Marcus & Millichap negotiated the sale of a 64,148 s/f self-storage development. Luke Dawley, Nathan Coe, Brett Hatcher, and Gabriel Coe, investment specialists in Marcus & Millichap’s Columbus office, had
Elkus Manfredi Architects engaged by Winstanley Enterprises to design a new multi-tenant life scienc...
March 24, 2023
New Haven, CT Elkus Manfredi Architects was selected by Winstanley Enterprises to design a new multi-tenant life sciences center located at 101 College St. Construction is in progress, and the building will welcome its first tenants in September 2023.
Butler, St. John, Dunne, McLaughlin, Apfel, MacKenzie, and Bowler of CBRE arranges sale of 246-unit ...
March 24, 2023
Milford, CT Representatives of CBRE led by Simon Butler, Biria St. John, Jeff Dunne, John McLaughlin, Eric Apfel, Stuart MacKenzie, and Brian Bowler negotiated the sale of Halstead Milford, a 246-unit multifamily community.
Colliers sells 3.96 acre site at 950 Trout Brook Drive for $10.57 million to Continental Properties
March 24, 2023
West Hartford, CT Colliers sold 950 Trout Brook Dr. John Cafasso and Ian Hunt from the Hartford office represented the seller, Kings-wood Oxford School. New York-based Continental Properties was the buyer. The transaction closed on February 1st and was the culmination