In potentially lucrative business of recreational cannabis, many real estate issues abound - by Gemma Cashman

It has been six years since the Commonwealth of Massachusetts legalized the sale and purchase of cannabis for recreational usage. While the initial “gold rush” to open adult-use marijuana businesses has subsided a bit, many prospective business owners remain interested in the potentially lucrative cannabis game.

AGC MA hosts service day with renovations to Boys & Girls Club

Dorchester, MA On Friday, October 28^th, the Construction Leadership Council of the Associated General Contractors of Massachusetts (AGC MA) renovated and restored the McLaughlin Center and Marr Clubhouse of the Boys & Girls Club of Dorchester, located in the Savin Hill area of the city.

CBRE arranges $42.6m sale of Stockbridge Court - purchased by Stockbridge Ventures

Springfield, MA CBRE has arranged the $42.6 million sale of Stockbridge Court, a 233-unit apartment community located at 35 Willow St.

Legacy Real Estate Ventures, LLC acquires 12 Lancaster County Rd. for $2.6 million

Harvard, MA Legacy Real Estate Ventures, LLC (Legacy) has acquired 12 Lancaster County Rd. for a sale price of $2.6 million.

SSEDC awards Milton funds for economic dev.

Milton, MA The South Shore Economic Development Corp. (SSEDC) has awarded the town of Milton $15,000 to develop draft zoning regulations and design guidelines for mixed-use development in the East Milton Sq. Business District.

Hines of Horvath & Tremblay arranges two sales totaling $2.56m

New Britain, CT Horvath & Tremblay has completed the sale of two multifamily properties for a total of $2.56 million. Tim Hines of Horvath & Tremblay arranged the sale of a multifamily property.

MassDevelopment issues $50m tax-exempt bond to Wentworth

Boston, MA MassDevelopment has issued a $50 million tax-exempt bond on behalf of Wentworth Institute of Technology, which will use proceeds to fund the construction of a new athletic complex on Parker St, in the city’s Mission Hill neighborhood.

AKF Group hires Gutsfeld as director of regional business development

Boston, MA AKF Group has hired Jeff Gutsfeld as director of regional business development. In this role, Gutsfeld is responsible for expanding AKF’s general client base and portfolio throughout New England, as well as nationally in the higher education sector.

Granite Commercial Real Estate handles sale of 4,766 s/f property in Merrimack, NH

Merrimack, NH Granite Commercial Real Estate (GCRE) completed the sale of 256 Daniel Webster Hwy. The sale price was not disclosed.

As we near the end of 2022 we are completing our second year of robust sales activity - by Earl Wason

As we near the end of 2022 we are completing our second year of robust sales activity. The market demand has centered on our niche in that destination resorts and destination cities have been very popular with hotel companies and resort inn buyers.