Wise Construction Announces Two New Project Executives

Winchester, MA Wise Construction has promoted Alyson Winters Kavanagh and recently hired Neil Slyva to round out their project executive bench. Both Winters Kavanagh and Slyva bring  building expertise which will

Bongiorni of SR Commercial Realty brokers 7,836 s/f lease to Cataldo Ambulance Service

Springfield, MA Paul Bongiorni of SR Commercial Realty has brokered the lease of 7,836 s/f to Cataldo Ambulance Service in downtown.  The property, located at 58-64 Winthrop St., formerly Dale Auto Body, will become Cataldo’s area hub. 

Question of the month: How do you maneuver uncertainty in today’s economy? - by Alan Doyle

The Federal Reserve’s attempts to control a 9.0% annual inflation rate in March of 2022 led to seven successive rate increases by year-end. While effective, the Fed’s rate increases could prove to be more of a sledgehammer than a scalpel in cooling off the economy and combating inflation.

Constantopoulos named partner at Gray, Gray & Gray

Canton, MA Gray, Gray & Gray, LLP has elected Bill Constantopoulos as a partner. He will continue to lead Gray, Gray & Gray’s Sage Intacct & Advisory practice group, which manages the design, transition and implementation process for clients who adopt the system.

North Branch Construction donates safety fine program proceeds to two organizations

Concord, NH North Branch Construction has donated the proceeds from the firm’s annual safety fine program to two deserving non-profit organizations – Community Bridges in Concord, and Lakes Region Community Developers in Laconia, N.H. In 2022, the safety fine program proceeds totaled nearly $4,000, resulting in a $2,000 donation to each organization. 

Tishman Speyer acquires 259-unit The Eddy from Green Cities Company for $135 million

East Boston, MA Tishman Speyer has acquired The Eddy, a recently-constructed, high-rise apartment tower located on the waterfront, from Green Cities Company for $135 million.  Built in 2016, The Eddy features 259 market-rate rental apartments that include a mix of studio, one-bedroom and two-bedroom floor plans.

JLL Capital Markets closes sale-leaseback of 215,575 s/f 550 Forbes to Berkeley Partners

Mansfield, MA JLL Capital Markets has closed the sale-leaseback of 550 Forbes, a single-tenant warehouse totaling 215,575 s/f. JLL represented the seller, FCA US (Stellantis), in the sale, and Berkeley Partners acquired the asset.

Jacobs and Eldredge of NAI Glickman Kovago & Jacobs handle two sales - $4.37m

Worcester, MA NAI Glickman Kovago & Jacobs facilitated the $3.625 million sale of 70 Goldstar Blvd., the site of a former Volvo dealership, on January 31, 2023. NAI Glickman Kovago & Jacobs principal Michael Jacobs represented the seller, Gallo Realty Co., Inc. Andrew Bonica of Eastern Retail represented the buyer, Parkingway Management LLC of Jamaica Plain, Mass. 

Kuye-Romelus joins The Peabody Companies

Braintree, MA According to the Peabody Companies, Olayinka Kuye-Romelus has been named as director of operations, with an assigned portfolio encompassing the Boston region.

O’Brien and Keefe of Greater Boston Commercial Properties, Inc. broker $1.9 million in sales

Ashland, MA Bret O’Brien and James Keefe of Greater Boston Commercial Properties, Inc. completed two sales totaling $1.9 million.  In the first transaction, the O’Brien/Keefe team represented the seller and procured the buyer in the sale of 1.7 acres on the corner of Megunko Rd. and Cherry St.