Front Section
Rogers hired by Thornton Tomasetti as sr. assoc.
Portland, ME Kristina Rogers was hired as senior associate in Thornton Tomasetti’s Maine office to help expand the firm’s mass timber capabilities.
MassDevelopment loans $4m to City Fresh Foods for a new production facility
ROXBURY, MA MassDevelopment has issued $4 million in loan financing on behalf of City Fresh Foods, the only minority- and employee-owned, minority-led food service company in the Commonwealth.
Mass. Land Court ruling upholds sanctity of commercial lease documents
Boston, MA A recent decision issued by the Massachusetts Land Court has significant implications for the commercial real estate industry. The question was, does a prospective lessee have a valid lease where only one party has signed? The answer in this case was a firm no.
Worth Avenue Capital funds $300,000 loan for 15-unit apartment renovation
Brooklyn, C T Worth Avenue Capital, LLC has closed a $300,000 commercial loan to a Connecticut based real estate developer. The loan proceeds will be used to complete the internal renovation of a 15-unit apartment.
GCRE director Prieto sells 6,040 s/f building
NASHUA, NH Granite Commercial Real Estate (GCRE) is pleased to announce the sale of 30 Pond St. James Prieto, director of e, at GCRE represented the seller in the transaction.
Alpine Environmental hires Carlberg as director of project management
Chelmsford, MA Alpine Environmental has hired Peter Carlberg. Carlberg joins as director of project management. In this role, he will work with Alpine’s operations team to plan and execute projects, act as a point of contact for clients, and oversee the daily operations of the field.
Northeast Private Client Group facilitates $2.515m multifamily sale
East Boston, MA Northeast Private Client Group (NEPCG) has completed the sale of the Brooks St. Apartments. Senior associates Francis Saenz and Drew Kirkland along with investment associates Jim Casey and Brad Carlson represented the seller and procured the buyer for the multifamily transaction.
East Cambridge Savings Bank receives 2022 Corporate Citizenship Award
Cambridge, MA East Cambridge Savings Bank, a $1.6 billion in assets mutual bank, received the 2022 Boston Business Journal Corporate Citizenship Award, a recognition of the region’s top corporate charitable contributors.
Columbia Property Trust completes 10 leases at 116 Huntington Ave. totaling 115,000 s/f
Boston, MA Columbia Property Trust, Inc. has signed 10 separate leases that collectively total 115,000 s/f at 116 Huntington Ave., its 273,000 s/f boutique office building in the city’s Back Bay.
Northeast Private Client Group handles sale of six props. for $34.6m
New Haven, CT Northeast Private Client Group (NPCG) has completed the sale of Broadway Living and The Elm for $34.6 million.