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Balletto, Paterno and Wright of NEPCG broker $3.435 million multifamily sale

West Haven, CT Northeast Private Client Group (NEPCG) has completed the sale of Terrace Heights Condos. The property sold for $3.435 million, located at 5 Treat St. It comprises three one-bedroom one-bathroom units and 32 two-bedroom one-bathroom units. Terrace Heights features off-street parking for residents and visitors.

Nettleship joins AEW Capital Management, L.P.

Boston, MA According to AEW Capital Management, L.P. (AEW) Chad Nettleship has joined the firm’s investor relations group, with a specific focus on the insurance industry. In his role, Nettleship will engage and work with U.S.-based insurance clients with respect to AEW’s real estate equity and debt investment capabilities.

Cyrier of MANSARD completes $2.85 million sale of 401-411 Main St., Wakefield, Mass.

Wakefield, MA Jeremy Cyrier, CCIM president and commercial real estate advisor of MANSARD, facilitated the $2.85 million sale of 401-411 Main St. MANSARD represented both the seller and buyer throughout this sale process.

IBM, HEI Hotels & Resorts sign new leases at Merritt 7

Norwalk, CT According to Clarion Partners LLC and Marcus Partners, hospitality owner and operator HEI Hotels & Resorts and IBM have renewed their leases at Merritt 7 Park.

Winchester Savings Bank fills key positions - hires Jurilla, Katinoglou and Chianca

Winchester, MA According to Winchester Savings Bank, additional positions at the Bank have recently been filled, including Jillian Jurilla as senior vice president consumer and business banking, Bill Katinoglou as vice president residential loan officer, and Stephanie Chianca as vice president cash management officer.

Washington Trust expands in CT with new office and team in New Haven

New Haven, CT The Washington Trust Company has expanded its Connecticut presence with the opening of a commercial lending office at 265 Church St., Suite 1010, adjacent to its Washington Trust wealth management office in Suite 1006. The bank also added three new vice presidents to the commercial lending office

Boston mayor Wu kicks off Vicinity Energy’s electrification plans with the deconstruction of a steam turbine

Boston, MA Vicinity Energy, a decarbonization leader with the nation’s largest portfolio of district energy systems, serving over 70 million s/f of building space across Boston and Cambridge, has officially kicked off its electrification plans with the deconstruction of a steam turbine at the Kendall Green Energy Cogeneration Facility.

JLL handles sale of two hotels for APEX Capital Investments Corp. - purchased by JNR Management Inc.

Framingham, MA JLL’s Hotels & Hospitality Group has closed the sale of two Marriott-branded Residence Inn extended-stay hotels totaling 221 keys in the suburban communities of Norwood and Framingham.

Salem State University renames school to honor late Cummings Properties president McKeown

Salem, MA A campus-wide event at Salem State University (SSU) celebrated the rededication of James McKeown School of Education. The ceremony follows a $10 million gift made to SSU this summer by Cummings Foundation, the nonprofit affiliate of commercial real estate firm Cummings Properties.

Horvath & Tremblay completes the sale of three properties in New England for a total of $13.825 million

Smithfield, RI Horvath & Tremblay has completed the sale of three properties in New England for a total of $13.825 million. Todd Tremblay and Bob Horvath of Horvath & Tremblay completed the sale of Citizens Bank in Smithfield, R.I.