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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.

Perun and McGeary of Northeast Private Client Group handle $5.2 million multifamily sale

Pittsfield, MA Northeast Private Client Group (NEPCG) has completed the sale of the Pittsfield Multifamily Portfolio. Senior associates Taylor Perun and Tim McGeary represented the seller and procured the buyers for the multifamily transaction.

Horvath & Tremblay complete $13.5 million sale of Harbor Plaza - a 169,079 s/f shopping center

Rockland, ME Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of the Harbor Plaza. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $13.5 million.

Project of the Month: Maugel DeStefano Architects and The
Richmond Group complete KSQ Therapeutics 57,000 s/f R&D facility

Lexington, MA Maugel DeStefano Architects and The Richmond Group have completed the 57,000 s/f research and development facility for KSQ Therapeutics at Four Maguire Rd. Renovations included upgrades to the core and shell and a complete office and lab interior fit-out for KSQ Therapeutics, a clinical-stage company using the CRISPRomics  discovery platform to systematically decode the entire genome to identify optimal gene targets for oncology and autoimmune disease.

Ciminelli Real Estate and Gordon Brothers acquire 151,564 s/f property in Billerica, MA for $18.2 million

Billerica, MA Ciminelli Real Estate Corp., in a joint venture with Boston-based Gordon Brothers, has acquired a 151,564 s/f research and development building for $18.2 million.

Boston chapter of Professional Women in Construction celebrates Awards Gala

Boston, MA The Boston Chapter of Professional Women in Construction (PWC), a national organization dedicated to promoting women and diversity in the construction industry, celebrated four outstanding women at its inaugural Awards Gala.