Front Section

Kelleher and Pentore of Horvath & Tremblay sell 12-units for $4.7 million

Cambridge, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of a 12-unit apartment building for $4.7 million. The heavy value-add is situated just outside of Alewife.

Quaker Lane and Alcion Ventures acquires 110 Canal for $24 million - CBRE named broker for the 60,000 s/f property

Boston, MA Quaker Lane Capital, a real estate development, investment, and advisory services company and Massachusetts certified minority business enterprise (MBE), and Alcion Ventures, a Boston based real estate private equity firm,

Tognacci of Phoenix Commercial handles $3.15 million sale of 42,000 s/f mixed-use building

Framingham, MA 119 Herbert St. has changed hands for the first time since it was constructed in 1984. The 42,000 s/f mixed-use building was purchased by 119 Herbert LLC

Maciejczak joins JLL as managing director

Boston, MA According to JLL, Chris Maciejczak is joining the firm’s life sciences project & development services group as a managing director.

A growing demand for community transportation - by Grosswald and Moye

The future of mobility is quickly moving away from vehicle ownership and more towards access to convenient and reliable transportation.1 This trend places an even greater emphasis on how communities of the future should be built today to provide residents with an alternative mode

Todd Nordblom promoted to president of Nordblom Company

Burlington, MA According to Nordblom Company, Todd Nordblom was promoted to company president. In his new role, he will oversee all Nordblom Company’s investment and development activity as well as investor relations and marketing.

Cresa Boston and Newmark negotiate lease for Olink Proteomics

Waltham, MA The Boston office of Cresa and Newmark negotiated a 22,000 s/f lease at Stony Brook, 130 Turner St. The lease is on behalf of Olink Proteomics (Olink) a Swedish company dedicated to innovation, quality, rigor and transparency, providing

Griffith and Pepdjonovic of Marcus & Millichap handle $5 million sale

East Boston, MA Marcus & Millichap has completed the sale of 45-47 Chelsea St. and 37 Chelsea St., a 12-unit apartment building portfolio, according to Thomas Shihadeh, regional manager of the firm’s Boston office.

Dalton joins Avison Young as principal

Boston, MA According to Tom Collins, Avison Young principal and managing director of the firm’s local office, the firm has hired Michael Dalton, SIOR as principal. He brings more than 30 years of leadership and commercial real estate experience,

Columbia Property Trust secures 33,000 s/f of leases at 116 Huntington

Boston, MA Columbia Property Trust, Inc. signed four leases at 116 Huntington Ave., its class A office property. The four leases, which included three extensions and expansions totaling 27,000 s/f and a new lease for 6,000 s/f were signed with: Longpoint Realty Partners, a real estate private equity firm that has expanded its footprint