Front Section

Newmark completes $32 million building sale for L&B Realty Advisors - 690 Canton St., an office building with life science conversion potential

Westwood, MA Newmark completed the $32 million sale of 690 Canton St., an office building with life science conversion potential. Newmark co-head of U.S. capital markets Robert Griffin, vice chairman Edward Maher

New England Chapter of CoreNet Global to honor 2020-2021 Awards of Excellence winners May 5

Boston, MA The New England Chapter of CoreNet Global will at last gather in person to honor the 2020-2021 winners of its annual Awards of Excellence, representing the best of the Boston region in corporate real estate leadership.

New England closes 2021 with 116 projects and 13,785 rooms in its hotel construction pipeline; down YOY - by JP Ford

As seen in the Q4 2021 Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total New England hotel construction pipeline at year-end 2021 stands at 116 projects/13,785 rooms. New construction project counts in the region are down 20% by projects and 25% by rooms year-over-year (YOY)

Schultheis of Sweeney Real Estate & Appraisal brokers $1 million sale of former nursing facility

Woonsocket, RI Eric Schultheis of Sweeney Real Estate & Appraisal represented Ballou Home for the Aged Woonsocket in the sale of 60 Mendon Rd., a former skilled nursing facility.

Samuels & Associates hires Miers as executive vice president of capital and investment strategy

Boston, MA Samuels & Associates has hired Chris Miers, JD, CRE, FRICS as executive vice president of capital and investment strategy. Miers will be a part of the executive management team

The policy giveth and the policy taketh away: Do you know your insurance policy’s coverage exclusions?

If you own a construction business, a Commercial General Liability (CGL) policy is a crucial part of protecting your business from various losses. Generally, a CGL policy provides a business with insurance coverage for bodily injury and property damage caused by the business’s operations, products, or injuries that occur on its premises

How real estate brokers can successfully deploy proptech - by Curtis Williams

In the last few years, real estate brokers have invested considerable resources in proptech applications that assist both customers and agents through the buyer journey in many different ways.

O’Brien and Keefe of Greater Boston Commercial Properties handle $1.25m sale

North Attleboro, MA Bret O’Brien and James Keefe of Greater Boston Commercial Properties, Inc. represented the seller in the sale of 49 Plain St., a multi-tenant investment property. The 12,222 s/f office building sold for $1.25 million.

Girolamo of Horvath & Tremblay sells 39-units in Lynn for $7.6 million

Lynn, MA Stephen Girolamo of Horvath & Tremblay has completed the sale of two multifamily properties for a total of $7.6 million. 22 Warren St. closed for $4 million and 25 Hamilton Ave. sold for $3.6 million.

Advisors Living opens new residential sales office in Andover; Oates to serve as branch manager

Andover, MA Advisors Living, the expanding residential sales platform of Boston Realty Advisors, opened a new office at 68 Main St. “Andover is a desirable suburban community offering great access to Boston for commuting professionals,” said Michelle Oates