Randolph, MA Despite waning office activity around the greater Boston market, the industrial sector continues to be a shining light of positivity and momentum on both the leasing velocity and sales transaction fronts. In a transaction demonstrating that there may be more appetite for industrial product than current supply affords, Colliers International completed an
Boston, MA Ci Design has hired Daria Bukesova, NCARB, LEED AP BD+C as the latest addition to the architecture firm’s growing science and technology practice group. Bukesova joins Ci as project architect and will be contributing her laboratory design experience to numerous projects. “We are very excited to welcome Daria to the Ci team. Her experience working on S&T projects will strengthen our design team and allow us to continue to provide outstanding architectural design solutions to our clients,” said Ci vice president Chris Ladd, AIA, NCARB.
Manchester, CT Horvath & Tremblay has completed the sale of two Santander Banks in New England for a total of $3.95 million. Matt Nadler of Horvath & Tremblay has successfully completed the sale of Santander Bank in Manchester, Conn. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $2.05 million. The Santander Bank building is located at 525 West Middle Tpke.
Millbury, MA David Skinner of The Stubblebine Company/CORFAC International and Nate Nickerson of O’Brien Commercial Properties leased 41,000 s/f of industrial space at 1535 Grafton Rd. The Stubblebine Co. represented the tenant, Wallboard Supply Company, and O’Brien Commercial represented the landlord, Five K LLC.
Methuen, MA CBRE has represented Equity Industrial Properties in the sale of two industrial buildings totaling 362,252 s/f located at 100 and 200 Danton Dr. Starwood Capital Group acquired the assets for $64.1 million. The CBRE team of Scott Dragos, Douglas Jacoby, Chris Skeffington and Daniel Hines represented Equity Industrial Properties in the sale.
Lowell, MA Jumbo Capital Management, LLC acquired 75 Technology Dr. from Suffolk Advisors for $7.7 million in an off-market transaction facilitated by Anthony Biette of Peak Real Estate Partners. Adding 62,000 s/f of semiconductor lab and R&D space to their existing 4.5 million s/f of real estate in the Greater Boston area, Jumbo is excited to partner with blue-chip credit tenant Microchip Technology Inc. who occupies the entire facility.
Providence, RI Kevin Casey of Sweeney Real Estate & Appraisal represented RISSPORT 1, LLC in the sale of multiple multifamily properties around Rhode Island. The properties were purchased by Hennessy Group, LLC. The portfolio consisted of six different locations including:
Rowley, MA According to Nordlund Associates, Anthony Triglione facilitated a transaction representing the property owner in the lease of 12,800 s/f to General Products and Gear Corp. at 445 Newburyport Tpke. GP&G will be relocating and expanding from a nearby facility.
Are you as productive working from home as you were at your pre-COVID traditional office? Is your physical and/or mental health suffering? Has your kitchen become the company cafeteria? On your “new normal” work day, is your dog or cat the only one you talk to “in person?” Many like working from home – especially if their daily commute has morphed from a 45-minute, stressful rush-hour crawl to a two-minute stroll from the bedroom to the home office.
We’re 11 months into 2020 and if someone would have told me that the world was continuing to battle a global pandemic I, like many of you, would have thought that was preposterous! Unfortunately, we all continue to live with impacts from COVID-19 and face ongoing health and safety concerns for ourselves, our families, our loved ones, and as business owners – our customers and employees.
