Front Section

Zekos Group completes auction of UMass Lowell West Campus for $3.245m

Chelmsford, MA Attendees registered to bid with $50,000 deposit checks and filled the selectmen’s meeting room as they waited for auctioneer Paul Zekos of Zekos Group Auctioneers to commence the proceedings. The Commonwealth of Massachusetts through the

B.U.’s Dahod Family Alumni Center opens as Tudor Revival-style “Castle” gets historic restoration/renovation

Boston, MA Finegold Alexander Architects completed the Dahod Family Alumni Center at Boston University’s (BU) historic Tudor Revival-style “Castle” located at the corner of Bay State Rd. and Granby St., part of Boston’s Bay State Rd. Historic District.

Gibbons of Associated Brokerage Group brokers $7 million sale - 66 Galen St. in Watertown, MA sold to Galen Street Development, LLC

Watertown, MA A 1.3 acre development site located in Watertown Sq. has been acquired by Galen Street Development, LLC for $7 million. The deal for 66 Galen St. was brokered by Cambridge-based Associated Brokerage Group’s Bernard Gibbons, who represented the seller, Empire Management.

Jewett Construction to transform ScrubaDub’s Portland location

Portland, ME ScrubaDub, a third-generation family-owned car wash company with locations all over New England, has selected Jewett Construction to renovate and add onto their existing wash facility on Forest Ave. Over the next few months, Jewett Construction will be providing major site improvements

The Dolben Company, Inc. completes the recapitalization of The Ledges at Johnston

Johnston, RI The Dolben Company, Inc. has completed the recapitalization of The Ledges at Johnston. A Dolben affiliate purchased the interest in the project of an institutional joint venture partner, obtained new $42.2 million financing from KeyBank/Fannie Mae

“Real” vs. “Fake” doesn’t only describe the news - by Stanley Hurwitz

If you’re like me, you’re exhausted from trying to separate “real news” from “fake news.” I was inspired to look into another area where fake vs. real confuses us daily: real sugar vs. artificial sweeteners. We’re not always aware of what’s making our palate smile. 

Calare Properties leases 53,500 s/f to Prodrive Tech. at 15-21 Univ. Rd.

Canton, MA Calare Properties has leased 53,500 s/f at 15-21 University Rd. to Prodrive Technologies. The Netherlands-based technology research, product development, and manufacturing company will relocate its U.S. headquarters to the property

Marcus & Millichap broker sale of 83,271 s/f self-storage facility in Norwood, Mass.

Norwood, MA Marcus & Millichap has completed the sale of Extra Space Storage (managed), a 83,271 s/f self-storage facility, according to Michael Glass, regional manager of the firm’s Columbus office.

Elcock and Cronin of Colliers International arrange
$5 million sale to Conservatory Lab Charter School

Dorchester, MA Colliers International represented both buyer and seller in a $5 million transaction that will allow the Conservatory Lab Charter School (CLCS) to build a second campus of 45,000 s/f at 395 Columbia Rd.

Marcus Partners acquires 94,125 s/f medical office building

Methuen, MA An affiliate of Marcus Partners, a real estate investment, management and development firm, has acquired 5 Branch St., a 94,125 s/f office building, for an undisclosed amount. The firm will convert the building into a medical