Newton, MA Erland Construction has completed its latest renovation project at The Fessenden School, accomplished in collaboration with Imai Keller Moore Architects and Lenore Design. Over the summer, Erland completed an array of updates across various areas of the school, including Hyde Hall and faculty housing spaces throughout the campus.
Needham, MA R.W. Holmes represented the owners of 33 4
th Ave. in securing a 10,600 s/f lease with Hope & Comfort. The flex building, located in the N2 Innovation District, will be the new headquarters for Hope & Comfort as they continue to expand their impact in the Greater Boston area.
Braintree, MA The Peabody Companies has promoted Whitney Pulsifer to vice president of strategic development. In this newly created role, Pulsifer will oversee both the marketing and creative department and the information technology team, leading the company’s branding and communications efforts and supervising its technological infrastructure.
Watertown, MA According to Berkeley Investments (Berkeley), Culture Pop Soda, a functional soda brand, will be leasing over 6,000 s/f of space in the company’s 64 Pleasant St. development. Culture Pop joins tenant Via Separations, a growing clean tech startup
Everett, MA Dennis Kelleher, John Pentore and Stephen Girolamo of Horvath & Tremblay have completed the $4.55 million sale of 42 Norwood St., a 14-unit multifamily property. The trio sold the brick building for $325,000 per unit and a 5.69% cap rate.
Newton, MA Recognizing the unique needs of growing businesses and e-commerce entrepreneurs, Kismet launched a new commercial real estate offering that combines workspace and services not currently available in Greater Boston. The 50,000 s/f facility includes
Cambridge, MA Newmark has secured the $20.1 million sale of Porter Square Galleria, a Target-anchored urban retail asset. Newmark co-head of U.S. Capital Markets Robert Griffin and managing directors Jonathan Martin and Paul Penman of the Boston Capital Markets group’s retail practice represented the undisclosed seller and procured the buyer, Crosspoint Associates.
Boston, MA Rockland Trust Charitable Foundation has presented a $90,000 multi-year grant to the YMCA of Greater Boston (the Y) to support the organization’s Teen Employment Program. This grant will provide meaningful work experiences for hundreds of local teens.
Northboro, MA Joel Aho, president of Aho Properties, LLC, represented Tradebe Treatment and Recycling of Northboro, LLC, in the sale of 339 and 345 W Main St.
The Boston and Cambridge lodging market, one of the most vibrant and dynamic in the United States, has undergone significant changes in recent years. These changes, spurred by external factors like the COVID-19 pandemic, economic fluctuations, and evolving consumer preferences, have created a complex landscape for hoteliers and investors alike.
