Smithfield, RI Horvath & Tremblay has completed the sale of three properties in New England for a total of $13.825 million. Todd Tremblay and Bob Horvath of Horvath & Tremblay completed the sale of Citizens Bank in Smithfield, R.I.
Abington, MA According to KR Architecture & Interiors, Natalia Dengra has joined the professional team in the position of architectural designer. In this role, she will work with KR Architecture & Interiors owner Krista Manna
Salem, MA A campus-wide event at Salem State University (SSU) celebrated the rededication of James McKeown School of Education. The ceremony follows a $10 million gift made to SSU this summer by Cummings Foundation, the nonprofit affiliate of commercial real estate firm Cummings Properties.
Stamford, CT CBRE senior associate Joseph Weaver took home the National Association of Industrial and Office Properties’ (NAIOP) Developing Leader Award for the Fairfield/Westchester County Region during the organization’s Annual Night of the Stars Gala.
Framingham, MA JLL’s Hotels & Hospitality Group has closed the sale of two Marriott-branded Residence Inn extended-stay hotels totaling 221 keys in the suburban communities of Norwood and Framingham.
Lynnfield, MA The return of The Rink at MarketStreet Lynnfield is always a welcome sign that both the holiday season and outdoor winter fun are just around the corner. Considered as one of the North Shore region’s most beloved outdoor
Hingham, MA Shake Shack has opened its newest, and 12th overall, Mass. location. The Shack will be part of WS Development’s Derby Street Shops at 100 Derby St. (Suite 505), located near the center’s iconic “The Woody Wall’’ mural
Boston, MA Vicinity Energy, a decarbonization leader with the nation’s largest portfolio of district energy systems, serving over 70 million s/f of building space across Boston and Cambridge, has officially kicked off its electrification plans with the deconstruction of a steam turbine at the Kendall Green Energy Cogeneration Facility.
New Haven, CT The Washington Trust Company has expanded its Connecticut presence with the opening of a commercial lending office at 265 Church St., Suite 1010, adjacent to its Washington Trust wealth management office in Suite 1006. The bank also added three new vice presidents to the commercial lending office
Westborough, MA Bret O’Brien of Greater Boston Commercial Properties, Inc. represented the owner of 287 Turnpike Rd. in two office transactions totaling 9,289 s/f within the 48,848 s/f building.
Williamstown, MA EDM, in partnership with Mitchell Associates Architects, have provided programming and schematic design for a new, net-zero fire station for the town. The station will be an example of sustainable design for public safety buildings
Winchester, MA According to Winchester Savings Bank, additional positions at the Bank have recently been filled, including Jillian Jurilla as senior vice president consumer and business banking, Bill Katinoglou as vice president residential loan officer, and Stephanie Chianca as vice president cash management officer.
Fall River, MA Construction has wrapped on New Leaf, a modern adult-use cannabis dispensary. Peter Fernandes, founder and CEO, combined his passion for flipping properties, with Evan Darmody and Kaitlin Cahill’s expertise of cannabis products and knowledge of state laws and regulations, creating their new company New Leaf.
As a commercial broker there are times when you list a property that’s happens to be beyond your scope of experience. Example: An owner asks you to list their hi-tech, atmospheric controlled storage warehouse in Dighton. You don’t even know how to get to Dighton, let alone how to evaluate what its market value is or how to market it.
I recently attended a webinar hosted by the national chapter of The Counselors of Real Estate entitled “Office – Great Debate”, attached is a link to the webinar
Providing advice is the most important part of commercial lending. Documents can be gathered, items can be notarized, rates can be negotiated (you didn’t hear that from me). But solid, unbiased advice, especially in this market is incredibly valuable, and I'd argue at times, even hard to find.
Champion Elevators New England expansion has been very successful for property owners and managers as they provide them with a service as an alternative to the OEM companies.
The Massachusetts Mechanic’s Lien Statute, Mass. G. L. c. 254, has firm deadlines by which notices of contract, statements of account, and certified complaints must be recorded to “perfect” and enforce a lien.
We are in a season of change when it comes to the economy. Job reports are good, inflation is still persistently high, interest rates continue to climb and the stock market goes up and down like a seesaw but mostly down. This is an uncertain fall season.
The world is changing quickly, industrial and otherwise. There are 3 trends I am going to very quickly discuss with you and my opinion about how it impacts industrial real estate.