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DeStefano completes Phase One of renovations at the Foster’s Building

Dover, NH DeStefano & Associates, Inc. has completed Phase One of the renovation of the former Foster’s Building in downtown. The existing building consists of 19th and 20th century construction and will have 60,000 s/f of mixed use space

NKF orchestrates sale of 179 Lincoln St. in Boston

Boston, MA Newmark Knight Frank (NKF) has completed the sale of 179 Lincoln St. in downtown, on behalf of Invesco Real Estate to Blackstone Real Estate. The sale price was not disclosed.

Cornerstone Realty Capital arranges $29.8 million in financing

Cambridge, MA Paul Natalizio, president of Cornerstone Realty Capital , has arranged $29.8 million in financing to True North Capital Partners for the acquisition of Blair Pond Estates, a mixed-use property.

O’Brien Commercial Properties LLC’s new 520-unit 10X Self Storage now open in Marlborough

Marlborough, MA 10X Self Storage is now open for business at the new climate-controlled facility at 215 Simarano Dr.  Other 10X Self Storage facilities are located in Acton and soon to open in Worcester.

CBRE brokers sale of Avalon Shelton

Shelton, CT CBRE has completed the sale of Avalon Shelton, a 250-home mid-rise luxury apartment community located at 185 Canal St. The CBRE team of Jeffrey Dunne, Gene Pride, and Stuart MacKenzie represented the owner, AvalonBay Communities

Truesdale of Cummings Properties handles 5,500 s/f lease to NexusTek

Andover, MA NexusTek, a national cloud, managed IT services, and cyber security provider (MSP), will move its Massachusetts office in March to a 5,500 s/f space at 40 Shattuck Rd., a Cummings Properties building. The national IT solutions

Carr joins Corderman as superintendent

Boston, MA Peter Carr, a senior construction professional with a career spanning four decades of commercial real estate experience, has joined Corderman & Company as project superintendent. He will be working on a

Risk Strategies acquires Academic HealthPlans

Boston, MA Risk Strategies, a privately held, growing national insurance brokerage and risk management firm, has acquired Academic HealthPlans, Inc. (AHP), a national leader in the creation and administration of health insurance plans

New England CCIM chapter January president’s message

It’s hard to believe a new decade has begun. The start of the new year gives us an opportunity to look back over the last 10 years and appreciate our professional and personal challenges and accomplishments. I’m excited for what this year will bring as 2020 will set the stage for the decade to come

Thru the Lens: Cummings Properties donates $553,000 on behalf of employees

Boston, MA Hundreds of local nonprofits received a little something extra this holiday season: A collective $553,000 in funding from Cummings Properties’ Cummings Community Giving program. This annual philanthropic