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Triglione of Nordlund Associates handles 65,000 s/f lease to Mersen-USA

Newburyport, MA According to Nordlund Associates, Mersen-USA has signed a new lease to stay in their current facility located at 374 Merrimac St.

Performance termination clauses in hotel management agreements - by Joshua Bowman

While hotel owners and operators have many areas of common ground, their interests are not always 100% aligned. For example, with few exceptions, the owner will end up with the lion’s share of the profit. This is because in most cases, base management fees are calculated using gross revenues

Windover Construction honored with Diamond level STEP Award

Beverly, MA Windover Construction was honored the Diamond Safety, Training, and Evaluation Process (STEP) award from Associated Builders and Contractors of Mass. (ABC) and Gould Construction for the third consecutive year.

Rubenstein signs 134,000 s/f lease to Raytheon Co.

Tewksbury, MA Rubenstein Partners, L.P. has completed a 134,000 s/f, seven-year lease for Raytheon Company at the Center at Innovation Dr., a 706,000 s/f office, manufacturing, and flexible-use complex.

Kelleher, Pentore and Girolamo of Horvath & Tremblay broker $4.05 million sale of 30-unit property

Lynn, MA Dennis Kelleher, John Pentore and Stephen Girolamo of Horvath & Tremblay have completed the sale of 653-659 Western Ave. The 30-unit deal consists of a 14-unit residential building

Bridgewater Savings Bank hires Tansey as vice president and bank secrecy act officer

Raynham, MA Bridgewater Savings Bank (BSB) has hired Denise Tansey as vice president and bank secrecy act officer. Tansey joins BSB with 10 years in the banking industry as a bank secrecy act officer.

Primer to mitigating risks when paying on commission - by Scott Regan

All employers should be aware of the Massachusetts Wage Act. The Wage Act is intended to prevent employers from improperly withholding their employees’ earned wages. As detailed below, even a potentially good faith misunderstanding of the law can result in serious consequences for employers.

The Bulfinch Cos. secures 8,000 s/f lease with Gennari Aronson, LLP

Needham, MA  The Bulfinch Companies, Inc. has secured an 8,000 s/f lease with Gennari Aronson, LLP at 250 First Ave. Mike Wilcox, senior vice president and director of leasing at Bulfinch, served as the leasing broker

Bailey of Commercial Realty Advisors, Inc. brokers two sales totaling $897,500

East Falmouth, MA According to Commercial Realty Advisors, Inc., Christopher Bailey, vice president, has sold 2,415 s/f of medical office space located at 170 E Falmouth Hwy. The sale closed for $435,000.

Outdoor Pride honored by Forbes as top small company in America

Manchester, NH Outdoor Pride Landscape & Snow Management, one of New England’s leading commercial snow removal and landscape manag...