Malden, MA Malden Catholic (MC) presented major expansion plans for its academic and athletic programs. By partnering with Timberline Construction and Scalora Consulting Group, MC broke ground on May 9
th for an academic and athletic facility located across the street from Malden Catholic at 50 Crystal St.
Wellesley, MA Newmark has secured the $24.3 million sale of 65 Walnut St., a medical office building. The property traded from Wellesley/Walnut Street LLC, affiliated with Haynes Management Inc., to a joint venture between Sendero Capital and TPG Angelo Gordon. Newmark co-head of U.S. Capital Markets Robert Griffin, alongside senior managing director Michael Greeley
Boston, MA Marcus & Millichap has named a new chief people officer (CPO) Jan Coonley. Coonley will be responsible for overseeing all aspects of the company’s human resources activities, including systems, employee engagement, performance enhancement, talent retention and acquisition, skills and leadership development
Medical office is in the news right now. Steward Health Care, which owns nine hospitals in New England, is in bankruptcy. Lifespan and Care New England in Rhode Island lost over $100 million in 2022. Prospect Medical in Connecticut owes the state $67 million. It appears that the privatization of hospitals was an ill-conceived idea.
Devens, MA King Street Properties (King Street) has completed the closing of a construction loan for 75 Jackson Rd., part of King Street’s 45-acre, 700,000 s/f Pathway Devens campus, a premier location for advanced manufacturing. Once completed, 75 Jackson Rd. will add 210,000 s/f of advanced manufacturing space
Boston, MA Ligris + Associates PC, a boutique law firm specializing in commercial and residential real estate transactions, has acquired Hill & Plakias P.C, a Dedham, MA-based law firm serving business, institutional and individual clients in the areas of real estate, lender representation, and business transactions.
Lexington, MA On May 29, 2024, Nikon held a ribbon-cutting ceremony to commemorate the opening of their BioImaging Lab, located at Greatland Realty Partners’ Lexington Labs Complex, constructed by BW Kennedy & Co. and designed by Vivo Architecture.
Worcester, MA Shawmut Design and Construction, a $1.6 billion national construction management firm, ARC/Architectural Resources Cambridge, and ZGF Architects joined UMass Chan Medical School, The University of Massachusetts Building Authority
Peabody, MA Tishman Speyer and Mitsui Fudosan America, Inc. (MFA) acquired a 60-acre, fully-entitled development site from Analogic Corp. at 8 Centennial Dr. The site consists of a 515,000 s/f office and manufacturing facility that has served as Analogic’s headquarters for over 40 years.
Portsmouth, NH Chinburg Development, LLC purchased 40 Pleasant St. from Allison Street Holdings, LLC. The 24,237 s/f building sold for $5.45 million in a transaction arranged by Kent White and Caitlin Burke of The Boulos Company.
