Summer always ends faster than most of us want, but this year seemed unfairly fast. I looked up the other day and realized we moved out of September and into October. Without a baseball team to root for, and possibly not even a football team, all eyes are the economy and those irritating political ads dominating the television airwaves. For those of us in the hospitality industry, there are reasons for celebration, cautious optimism, and concern. This is nothing new, hospitality investment is a risky proposition even in the best of times.
Boston, MA WSP USA has hired Rob DiAdamo as a senior director for the firm’s advisory enterprise management and strategy team. “We are privileged to have Rob join the WSP team, and eager to learn from his 20-plus years of public and private sector experience managing and improving transportation infrastructure,” said Denise Turner Roth, WSP USA advisory national business line executive.
Bourne MA A seven-building industrial portfolio consisting of 124,000 s/f has been sold. The addresses are 18-21 Commerce Park Rd., 50 & 53 Portside Dr. and 618 Macarthur Blvd. The sale price was $10.575 million. he buyer was Unicorn Realty, which has major holdings on the South Shore and this is the first purchase on the Cape.
Plaistow, NH Albany Road Real Estate Fund III, LLC has acquired 144 Main St., a fully leased 177,170 s/f industrial building on 36 acres, from Metcon Realty, LLC. James and David Stubblebine, principals and Ellen Garthoff, senior advisor at The Stubblebine Company represented the seller, Metcon Realty LLC, and directly procured the buyer
Lynn, MA Located at 254 Lynnway, Breakwater North Harbor is the first development project to transform Lynn’s master planned industrial waterfront into a vibrant mixed-use living destination with publicly accessible open space.
Dover, NH CBRE has arranged the $29.13 million sale of White Cliffs at Dover, a 192-unit garden style apartment community located at 510 Marthas Way. CBRE Capital Markets’ multi-housing experts Simon Butler, Biria St. John and John McLaughlin
Braintree, MA According to The Peabody Companies, Karen Fish-Will has been named chairperson and Melissa Fish-Crane, CPM, NAHP-e, will serve as CEO. Both Fish-Will and Fish-Crane are principals of The Peabody Companies.
Boston, MA Colliers has appointed Kim Barry as senior vice president in the Boston life science practice group. Barry will call on her experience and knowledge of the sector and the region to help industry-leading
Billerica, MA Berkeley Investments has received full approvals for its 203,000 s/f cGMP (good manufacturing practices) facility located at 161 Concord Rd. The 161 Concord Rd. facility will become a substantial part of the regional biotech
Haverhill, MA R.W. Holmes negotiated the sale of a 22,541 s/f flex building located at 242 Neck Rd. The building was acquired by Richardson Green, Inc. R.W. Holmes vice president Jim Bartholomew represented the seller and procured the buyer.
