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Cushman & Wakefield arranges 260,150 s/f lease for Martignetti Cos.

Taunton, MA Cushman & Wakefield has arranged a 260,150 s/f lease for Ferguson Plumbing Supply at the Taunton Trade Center located at 300 Charles F. Colton Rd. Cushman & Wakefield’s Phillip Verre, Rob Byrne, Pete Whoriskey and Paul Leone represented the landlord, Martignetti Companies

Pleasant Valley Country Club acquired by Galaxy Links, LLC for $4.1 million

Sutton, MA Pleasant Valley Country Club was acquired December 28th by Galaxy Links, LLC of Webster, Mass. for $4.1 million.  The 200-acre nationally known and historic private New England golf course is renowned for hosting numerous PGA and LPGA

Cummings Foundation donates $50 million toward world health

Woburn, MA A new $50 million gift from the Cummings Foundation, the philanthropic affiliate of commercial real estate firm Cummings Properties, will expand the work of late global health champion Dr. Paul Farmer.

Project of the Month: DeStefano & Associates, Inc. completes design and construction of 36 apartments in former St. Joseph’s School

Haverhill, MA DeStefano & Associates, Inc. (DAI) has completed the design and construction of 36 apartments in the former St. Joseph’s School, known as the Lofts at St. Joseph.  The school was built in 1888 and was active for 129 years, providing Catholic education to many families ranging from nursery school through eighth grade.

Grow Associates has created a Sensory Room to benefit the people we serve, adults with developmental disabilities

Randolph, MA Sensory rooms provide a soothing space that helps individuals calm down by stimulating their senses in various ways. Sensory rooms started in the 1970s in the Netherlands, and were originally called “Snoezelen rooms.” These rooms were designed

CBRE arranges sale of 65-property, 7,865-key
hotel portfolio located across 27 states worth $514 million

Boston, MA CBRE has arranged the sale of a 65-property, 7,865-key hotel portfolio located across 27 states. Massachusetts-based REIT, Service Properties Trust, sold the portfolio to 21 separate buyers for a total consideration of $514 million.

Erland Construction promotes four and elects a new board member

Burlington, MA Erland Construction has completed the promotion of four employees to new roles that support the continued success and growth of the firm. Matt Combs has been promoted to project executive and will be acting in this capacity for the advanced technology/life sciences group. Combs’s transition to project executive

Bulfinch’s DiOrio awarded Excellence in CRE Law 2022

Boston, MA According to The Bulfinch Companies, Inc. (Bulfinch), its managing director and general counsel, Mark DiOrio, was awarded Boston Real Estate Times’ Excellence in Commercial Real Estate Law 2022 at the 2022 Excellence Awards gala.

Benefits of exchanging into Delaware Statutory Trust properties - by Dwight Kay

There are a number of potential benefits associated with exchanging into a Delaware Statutory Trust (DST) 1031 property. However, it is important to note that these potential benefits should also always be carefully weighed with the potential risks that are possible with DST investments, and as with all real estate investments

McGeary of Northeast Private Client Group sells mixed-use property in Gardner for $2.32 million

Gardner, MA Northeast Private Client Group (NEPCG) has completed the sale of the Central St. mixed-use property. Senior associate Tim McGeary represented the seller and procured the buyers. The property sold for $2.32 million.