Boston, MA On Friday, February 22, the team at Callahan Construction served 130 women and children at Rosie’s Place. As a family-owned company in the metropolitan Boston area, Callahan employees understand the importance of giving back to the local community. Visits to organizations such as Rosie’s Place are part of Callahan’s Constructing Communities program
Framingham, MA A marathon runner, Realtor Graham Pettengill has used his feet to raise funds to build wells in Africa, help Marine Corps veterans and support dozens of area charities. His charitable efforts earned Pettengill of ERA Key Realty Service’s 2018 Circle of Light Award, which is presented for community service. Pettengill was also the top agent based on sales volume in 2018 out of 350 ERA Key agents and was named to ERA Key’s Leader’s Circle
Tewksbury, MA Sawyer Realty Holdings has acquired the 130-room Residence Inn by Marriot Boston Tewksbury/Andover located at 1775 Andover St. for $15 million.
Boston, MA Skanska, in partnership with PGIM Real Estate, has divested its multi-family development The Harlo to Invesco Real Estate, a global real estate investment manager. Skanska developed and built The Harlo, a 17-story, 183,000 s/f tower with 212 boutique apartments and retail space in the Fenway neighborhood
Needham, MA The New England Real Estate Journal (NEREJ) will host the Cannabis in CRE 2019 Summit on March 7 at the Sheraton Needham, 100 Cabot St. To attend please register at: http://www.canncre.eventbrite.com.
Merrimack, NH Chris Pascucci of Masiello Commercial Associates has completed the sale of 23 Depot St. The property, owned by Carbert Properties was purchased by Industrial Solutions. Mark Prolman, of Prolman Realty represented the buyer.
If someone told me 10 years ago the cannabis business will be as big as the tech industry, I would asked them if they were high. We are now in 2019 and many states have either legal medical or both legal and recreational cannabis.
Norwell, MA Ellis Realty Advisors has completed the $1.71 million sale of 101 Accord Park Dr., a 21,000 s/f office building redevelopment. Managing partner, David Ellis represented the sellers, C & C Realty Trust and procured the buyer, Michael Juliano of Norwell Park, LLC
Westport, CT Vidal Wettenstein LLC has completed the sale of 877 Post Rd. for $10.5 million. This 30,000 s/f two-story retail/office plaza was developed and locally owned and operated since 1970 by Rosenfeld Realty & Development.
Cambridge, MA FinanceBoston has arranged senior pre-construction financing for an 18-unit luxury condominium project in the East-Cambridge section of the city. The development is located on Cambridge St., a primary thoroughfare providing access to MIT, Kendall Sq. and Cambridge Crossing.