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MassDevelopment and Eastern Bank issue $1.66m bond to Bread of Life
March 17, 2023
Malden, MA MassDevelopment has issued a $1.66 million tax-exempt bond on behalf of Bread of Life 54 Eastern, LLC, an affiliate of Bread of Life , which is using proceeds to build a three-story, 20,000 s/f building at 54 Eastern Ave. The project is a joint development
EPA approves the newest Phase I ESA standard: What it means for you - by Victor DeTroy
March 17, 2023
Many seasoned CRE investors and brokers are aware of Phase I Environmental Site Assessment (ESA) reports that are ordered during a property transaction. You may have heard rumblings about how the standard has recently changed.
Bulfinch Cos. signs BWWC’s “The 100% Talent Compact”
March 17, 2023
Boston, MA The Bulfinch Companies, Inc. (Bulfinch) formed a new partnership with the Boston Women’s Workforce Council (BWWC), committing to eliminating the gender/racial wage gaps
Kenney joins Gray Private Wealth, LLC
March 17, 2023
Canton, MA Stephen Kenney, CFA, CFP has joined Gray Private Wealth, LLC as director of client development. Kenney will work to create new opportunities for growth for the firm and its clients.
Boston Realty Advisors brokers $4.5m sale to Boston Rhythmic
March 17, 2023
Waltham, MA Boston Realty Advisors represented the owner of Boston Rhythmic, Inc., operator of Rhythmic Dreams in the purchase of 16 Pine St., formerly the home of Landmark’s Embassy Cinema
Advisors Living opens Sudbury location
March 17, 2023
Sudbury, MA Advisors Living, the residential sales platform of Boston Realty Advisors, celebrated the grand opening of its new sales office at 526 Boston Post Rd.
Hannigan of Choyce Peterson negotiates 3,155 s/f office lease
March 17, 2023
Stamford, CT Choyce Peterson, Inc. completed lease negotiations on behalf of Ohlandt, Greeley, Ruggiero & Perle, LLP for its new 3,155 s/f office space at 1 Landmark Sq. Choyce Peterson principal John Hannigan represented the tenant in the transaction.
TFMoran contributes $10,000 to the N.H. Children’s Scholarship Fund
March 17, 2023
Bedford, NH TFMoran contributed $10,000 to the New Hampshire Children’s Scholarship Fund, an Education Tax Credit Scholarship. TFMoran’s COO Dylan Cruess, president Robert Duval, and civil engineering department manager Nick Golon presented the check
Osvold, Hannigan and Brawley of Colliers broker two warehouse leases totaling 130,000 s/f
March 17, 2023
Avon, MA Colliers has arranged two industrial leases at 54 Bodwell St. and 61 Strafello Dr. totaling more than 130,000 s/f. Colliers completed both transactions on behalf of the landlord, DH Property Holdings. Colliers also represented both tenants; DCNE, a wholesale HVAC distributor,
Horvath & Tremblay sells three retail properties in New England for $7.055m
March 17, 2023
Alton, NH Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of Dollar General at 58 Suncook Valley Rd. Horvath & Tremblay exclusively represented the seller and procured the buyer
Regal Commercial Real Estate opens office in West Palm Beach
March 10, 2023
West Palm Beach, FL Regal Commercial Real Estate has opened a new office 777 South Flagler Dr., Suite 800, West Tower to better serve it’s existing clients real estate portfolio expansion in Florida. The population has been growing in Florida consistently over the last few years, Regal Commercial has
G.S. Wilcox & Co. secures $19.97 million construction loan for East Brunswick warehouse
March 3, 2023
East Brunswick, NJ G.S. Wilcox & Co. has completed $19.97 million in construction financing for a warehouse building to be built on spec. The non-recourse financing was secured by Bridget Wilcox, partner, and Al Raymond, principal, from a regional bank on a 3-year term with extension options
Atlantic Property Management awarded 2 property management assignments to begin 2023
March 3, 2023
Boston, MA Atlantic Property Management (APM) has been awarded two property management contracts as they continue to expand their management platform in Massachusetts. The Massachusetts based properties include 90 Canal St. (89,000 s/f) in Boston and 226 Main St. (35,000 s/f) in Brockton.
Shawmut Design and Construction completes Worcester Polytechnic Institute’s Center for Well-Being
March 10, 2023
Worcester, MA Shawmut Design and Construction joined Worcester Polytechnic Institute (WPI) on January 26th to cut the ribbon on the Center for Well-Being, a groundbreaking model of wellness programming and support for the WPI campus community.
Mulligan appointed director of planning for city of Providence
March 10, 2023
Providence, RI Mayor Brett Smiley named Joe Mulligan as director of planning for the city. Mulligan brings over 30 years of service in planning, design and construction to the Smiley administration. Through Mulligan’s career, he has amassed experience in almost every part of the planning and development process, from working through initial designs
Sweeney Real Estate & Appraisal leases 4,000 s/f to Skypath Security in Greenwich Mills
March 10, 2023
Warwick, RI Skypath Security Inc. leased 4,000 s/f of the first floor of 42 Ladd St. located in the Hill and Harbour district. Skypath ocupies the Greenwich Mills with plans to grow into nearly 19,000 s/f with its existing pipeline of clients.
The Davis Cos. acquires 122,000 s/f biomanufacturing facility and 15.5 acre parcel
March 10, 2023
Smithfield, RI The Davis Companies (Davis) has acquired an improved, 122,000 s/f biomanufacturing facility at 100 Technology Way. The acquisition also includes a vacant 15.5-acre development parcel with master plan approvals for an additional biotech manufacturing facility of up to 175,000 s/f.
McGovern of Residential Properties Ltd. sells 21.3 acres for $1.45 million
March 10, 2023
South Kingstown, RI Residential Properties Ltd. (RPL) negotiated the sale of 1 Camp Fuller Rd. for $1.45 million. RPL broker associate Galen McGovern represented the buyer as the selling agent in this transaction. According to State-Wide MLS data, this is the highest vacant land sale in South Kingstown ever recorded.
Rhode Island Ready initiative - by Steven King
March 10, 2023
Rhode Island Ready (RI Ready) is a statewide industrial site readiness initiative backed by $40 million overwhelmingly approved by voters in 2021. We launched the program in January of 2022 to help streamline industrial development across the state–ultimately bringing jobs to Rhode Islanders and tax revenue to communities.
Consider Conimicut Village - by Frank Picozzi
March 10, 2023
Warwick’s Conimicut Village recently welcomed another new business to the community. Tranquil Touch Aesthetics Boutique, owned and operated by Colleen Collins, relocated from a nearby Rhode Island town to a storefront in the seaside, family-oriented, pet-friendly neighborhood. Offering a variety of services, including facials, body scrubs