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New England hotel recovery gaining momentum - by Jim Luchars
July 22, 2022
In New England and across the country, hotel demand was extremely strong in March, April and May. Nationally, booked room nights were up 17.5% from the same period in 2021 and occupancy up 13.9% according to Smith Travel Research (STR).
Horvath & Tremblay sells four retail properties in New England for $22.16 million
July 22, 2022
Rocky Hill, CT Horvath & Tremblay has completed the sale of four retail properties in New England for a total of $22.16 million.
Xue, Collins and Cassidy join Colantonio Inc.
July 22, 2022
Holliston, MA Construction management firm Colantonio Inc. has completed the hiring of BIM/MEP coordinator Victor Xue, LEED AP, WELL AP and assistant superintendents Stephanie Collins and Andrew Cassidy.
CBRE arranges $35.25 million sale of Residences at Highland Glen
July 22, 2022
Westwood, MA CBRE has arranged the $35.25 million sale of Residences at Highland Glen, a 102-unit age restricted, garden-style apartment community located at 4100 Highland Glen Rd.
Gatti of Greater Boston Commercial Properties Inc. brokers 24,871 s/f lease to Sartorius Stedim
July 22, 2022
Marlborough, MA Ben Gatti of Greater Boston Commercial Properties Inc. has brokered a lease deal of a 24,871 s/f manufacturing space located at 289 Elm St.
Nickerson of Fieldstone Commercial Properties Inc. arranges $7.9 million sale to LexVest Group
July 22, 2022
Ayer, MA Nate Nickerson, president and managing broker at Fieldstone Commercial Properties Inc. completed a $7.9 million sale of a 100,000 s/f property located at 11 Westford Rd.
Colliers secures 49,524 s/f lease with SGPS ShowRig at Centech Park North
July 22, 2022
Shrewsbury, MA Colliers has secured the first lease of Centech Park North, a 310,000 s/f flexible industrial campus currently under construction. SGPS ShowRig, a leading entertainment equipment solutions firm, will lease 49,524 s/f at Centech Park North’s
Herz of Boston Realty Advisors handles two Cape Cod hotel sales totaling $12.6 million
July 22, 2022
Chatham, MA Boston Realty Advisors has represented owners or buyers in the sale of two boutique hotel properties, the Chatham Highlander Inn and the Chatham Seafarer Inn.
Northeast U.S. warehouse construction: Insulated metal panels vs. tilt-up concrete - by Jay Connolly...
July 15, 2022
One of the earliest questions that owners, architects, and builders must address when considering a large industrial warehouse construction project in the Northeast U.S. is the building’s envelope. Should your warehouse depend on insulated metal panels (IMPs) or tilt-up concrete? Each project is unique, and answering this question requires a holistic view of all factors at play, including the building’s size, budget, purpose, design, location, and your organization’s specific needs.
RI Painters Union endorses Brett Smiley for mayor of Providence
July 22, 2022
Providence, RI The Rhode Island Painters Union (RI IUPAT District Council 11), who represent local industrial, residential and commercial painters, drywall finishers, glaziers, and glass workers announced their endorsement of Brett Smiley for mayor of Providence.
Cleeman Realty arranges the $8.4 million sale a free-standing Kohl’s in Knoxville, TN
July 15, 2022
Knoxville, TN Cleeman Realty Group negotiated the $8.4 million off-market sale of a free-standing Kohl’s. The 86,900 s/f building is located at 5312 Washington Pike on a 32 acre lot. Cleeman Realty Group represented the seller in the off-market transaction.
Veloso of the Bessette, Veloso, & Fava Group at Residential Properties Ltd. completes two sales tota...
July 8, 2022
Lincoln & Providence, RI Residential Properties Ltd. has completed two sales totalling $6.645 million. The first transaction was the sale
Mott & Chace Sotheby’s International Realty arranges two sales in North Kingstown, RI totaling $5....
July 15, 2022
North Kingstown, RI Mott & Chace Sotheby’s International Realty has completed two top sales in Wickford Point. Currently the top firm by sales volume in North Kingstown, agents of Mott & Chace Sotheby’s International Realty have represented seven clients in
Waldman of Waldman Associates works with Peterson and Bonica of Eastern Retail on $3 million sale
July 15, 2022
Canton, MA For many years 225 Turnpike St. was Bay State School of Technology. When the owner decided to retire and end a long history of teaching and training mechanics, he sold the building to a family friend. Dan Waldman of Waldman Associates was called in to lease or sell
Sousa named COO and head of capital at Marcus Partners
July 15, 2022
Boston, MA According to Marcus Partners, Patrick Sousa has been named the firm’s chief operating officer and head of capital. Sousa will oversee the firm’s day-to-day business operations, while also leading capital raising
Cummings Foundation names recipients of the $25 Million Grant Program for Greater Boston nonprofits
July 15, 2022
Boston, MA Scores of Massachusetts nonprofits are celebrating significant new grants through the annual Cummings $25 Million Grant Program. Emails proclaiming “You got it!” recently arrived at 140 charities
Doyle and Settles join The Village Bank board
July 15, 2022
Newton, MA According to The Village Bank chairman Kenneth Brennan, Anne Doyle, MBA, and Darryl Settles have been elected to the board of directors.
CBRE arranges $96.3 million sale of 171-unit The Graphic Lofts - a 171-unit loft style apartment com...
July 15, 2022
Charlestown, MA CBRE has arranged the $96.3 million sale of The Graphic Lofts, a 171-unit loft style apartment community located at 32 Cambridge St.
Bongiorni of SR Commercial Realty brokers $2.15m sale of 55 Emery St. and 6 Liberty St. in Springfie...
July 15, 2022
Springfield, MA Paul Bongiorni of SR Commercial Realty brokered the sale of a 100,000 s/f industrial site in downtown. 55 Emery St. and 6 Liberty St., known as the National Needle Building and Kittredge Building
Ogasapian of R.W. Holmes represents Rose Realty Partners in 10,500 s/f lease
July 15, 2022
Burlington, MA R.W. Holmes leased 10,500 s/f of new lab and R&D space to Boston Lab Services. Boston Lab Services, a full -service, privately-owned firm specializing in life science management