According to Rafi Properties, owner and operator of Somernova, the 7.4-acre innovation campus and community dedicated to helping people and companies iterate and grow faster, Sublime Systems (Sublime) will expand their headquarters on the campus. Fitchburg, MA
Ben Gatti of Greater Boston Commercial Properties, Inc. represented the seller in the sale of 25 Newport St. The 58,000 s/f industrial building is located on 4.76 acres and was delivered vacant to the buyer.Medford, MA
Medford Housing Authority (MHA) just relocated its operation from Riverside Ave. to 200 Boston Ave., a newly renovated building within Cummings Properties’ innovation campus. The 5,300 s/f facility will house MHA’s administrative, finance, and Section 8 offices during anCanton, MA
Cushman & Wakefield has arranged a long-term, 31,569 s/f lease on behalf of Sick Inc. at 150 Royall St. The intelligence solutions company is relocating from Stoughton.Vernon, CT
Horvath & Tremblay has completed the sale of two retail properties in New England for a total of $4.61 million. Matt Nadler and Aaron Huntley of Horvath & Tremblay have completed the sale of the Wendy’s Retail Center. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $2.87 million.Boston, MA
Redgate, one of the leading real estate investment, strategic advisory and owners’ representation firms, has completed a series of promotions across the firm. These promotions reflect the firm’s continued national growth and expansion across its key client categories of institutions, corporations and investors.Canton, MA
Gray, Gray & Gray, LLP, an accounting and business consulting firm, has been ranked as the 17th
largest accounting firm in Massachusetts by the Boston Business Journal
, up two spots from the previous year’s position.Boston, MA
Nickerson, a global full-service branding, marketing, PR and communications agency specializing in the built environment, has named Amy Reinert as chief marketing officer (CMO). In her new role, Reinert brings over 20 years of strategic and creative marketing expertise building brandsProvidence, RI
Compass has completed the sale of 44 Stimson Ave. on the East Side of the city for $1.795 million. Kevin Fox, a founding agent of Compass’ local office, represented the buyer in this transaction.
Following the failure of Silicon Valley Bank and other regional lenders this year, and the increased regulatory scrutiny and the shift of deposits to larger banks, it is no surprise that regional banks have tightened lending standards for commercial real estate (CRE) loans.