Owners Developers & Managers

Understanding the inconsistent legal landscape of cannabis in commercial and residential real estate - by Christopher Montalbano and Melanie Kido

At a recent “Legislative Luncheon” hosted by the Greater Providence Chamber of Commerce, a significant portion of the time was spent addressing the question of whether Rhode Island should decriminalize adult recreational use of marijuana. “We will be surrounded soon. We have to do something” replied Michael McCaffrey, the state’s senate majority leader.

The fork in the road on cannabis construction projects - by Sean Lamontagne

Since 2014, Nadeau Corporation Construction, Development & Engineering has been extremely active in the pre-construction phases of cannabis projects here in Mass. One critical element that we’ve learned is this: No matter the size, scope or level of complexity, each and every project reaches a fork in the road.

Acella Construction selected by T. Bear Inc. for cannabis facility in Wareham, MA

Wareham, MA According to Acella Construction Corp., T. Bear Inc. (TBI) has selected Acella’s cannabis construction team to build its new facility. The project is expected to start this spring and is anticipated to be completed within 11 weeks. 

Pembroke to revitalize 705,000 s/f Seaport World Trade Center and Pier - design team includes CBT, Schmidt Hammer Lassen and Sasaki

Boston, MA Pembroke, the international real estate business, developer and an original pioneer in the city’s Seaport District, has plans for the revitalization of the Seaport World Trade Center on Commonwealth Pier. 

Barkan Management Co. hires and promotes employees

Boston, MA Barkan Management Company recently hired and promoted multiple people at the company, they include the following: • Bart Steele, CMCA, AMS, has joined the company as a portfolio manager.

Bay State Property Management celebrates 15th anniversary

Quincy, MA Bay State Property Management, which offers comprehensive property management in both the residential and commercial space, is celebrating its 15th anniversary.

Project of the Month: M.C. Andrews Co. provides design/build services for a 30,000 s/f cannabis grow facility and support structures

Fitchburg, MA M.C. Andrews Co., Inc.  has provided design/build services for a new $4 million, 30,000 s/f cannabis greenhouse grow facility, as well as multiple support buildings to house the mother, cloning and dehumidification operations for this facility.

Brookfield Properties acquires 51 Sleeper St. - with plans to renovate and rebrand

Boston, MA Brookfield Properties has acquired 51 Sleeper St., an eight-story, 152,000 s/f office building in the Seaport District with a waterfront location offering views of downtown. Brookfield also plans to renovate and rebrand the building

The Hampshire Cos. and Harrison St. form joint venture to develop self-storage facilities

Providence, RI The Hampshire Cos., and Harrison St. have formed a joint venture partnership to develop institutional-quality self-storage facilities along the I-95 corridor from Washington D.C. to Boston. 

MassHousing closes on $14 million in financing to Beacon Communities

Roxbury, MA MassHousing has closed on $14 million in financing to Beacon Communities LLC for the rehabilitation and preservation of affordability at the 72-unit Camden Apartments.