Front Section

Marcus Partners acquires two multifamily properties for
$35.8 million in a joint venture with the John M. Corcoran and Co.

Boston, MA Marcus Partners, a real estate investment, management and development firm, have completed the acquisition of 1943 Dorchester Ave. in Dorchester and 4236 Washington St. in Roslindale for $35.8 million. The two buildings, totaling 107 units, will be owned

Vidal/Wettenstein handles 5,456 s/f building lease

Stratford, CT The building at 740 Woodend Rd. has been leased to a Shelton-based company. LiveWire Sound and Image will be relocating their business to the building.

Project of the Month: MEDCOM and Dellbrook | JKS complete Cape Cod Hospital’s Behavioral Health Services Center

Hyannis, MA MEDCOM Architectural Group and Dellbrook | JKS completed the relocation of Cape Cod Hospital’s Behavioral Health Services Inpatient and Outpatient Center from a satellite building on campus to within the main hospital building.

TwentyTwenty: Now what? - by Carol Todreas

If in this new year of the new decade you are shaky about retail, you are right on. Headlines range from apocalypse to renaissance and everything in between. Be it AI technology, consumer demographics, or Amazon’s potential drone deliveries, it’s information overload and then what? Here is what is happening: 

Related Beal signs 269,000 s/f lease to Vertex Pharmaceuticals at Innovation Square

Boston, MA Related Beal has completed a 269,000 s/f lease with global biotechnology company Vertex Pharmaceuticals for 100% of the commercial space at Phase II of its Innovation Square (iSQ) development in Eastern Seaport.

Lyman Real Estate handles 1,425 s/f lease

Old Saybrook, CT According to Ron Lyman, CCIM, CEO of Lyman Real Estate, a non-profit, resident performing arts company will be relocating to town. Lyman associate Patrick Sennott represented Drama Works Theatre Company, which will be doing

JLL Capital Markets arranges $46.1 million sale of
15 Broad St., Boston - a 77,678 s/f office and street level retail building

Boston, MA JLL Capital Markets has arranged the $46.1 million sale of 15 Broad St., a 77,678 s/f office and street level retail building. JLL exclusively represented the seller and procured the buyer, TA Realty.

Porter of The Spencer Group Ltd. brokers $600,000 sale of 2,236 s/f of land in Roxbury

Roxbury, MA This past summer, papers were passed for the sale of 17 Centre St. and 234 Roxbury St. in Fort Hill. The sale price was $600,000 for the 2,236 s/f parcels and the city permits to build a five-story condominium of three floor-through

RK Centers names Freeman COO and general counsel

Needham, MA Commercial real estate attorney Eric Freeman has been named chief operating officer and general counsel for RK Centers.

Linear Retail Properties acquires 6,291 s/f building for $3.625 million

Cambridge, MA Linear Retail Properties, LLC has purchased 1755-1761 Massachusetts Ave. – a 6,291 s/f, single-story store block consisting of three retail condominiums in the Porter Sq. neighborhood.