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The importance of infrastructure inspections - by Nagesh Goel

With approximately $500 billion spent on infrastructure in the U.S. annually, ensuring large-scale infrastructure—like buildings and bridges, pipelines, roadways, and electrical grids—are safe and secure

Mott & Chace Sotheby’s International Realty handles $6.95 million sale

Jamestown, RI Mott & Chace Sotheby’s International Realty completed the sale of 648 East Shore Rd. for $6.95 million. The sale was handled  by Nicole Carstensen, sales associate of Mott & Chace.

Cottonwood Group and Shawmut Design and Construction form real estate partnership in the education sector

Boston, MA Cottonwood Group and Shawmut Design and Construction  have jointly formed a strategic partnership through which the two groups will join forces to expand their combined real estate capabilities

Worth Avenue Capital, LLC funds $750,000 loan for New England Tech Co.

Greenwich, CT Worth Avenue Capital, LLC (WAC) closed a $750,000 commercial construction loan for a New England based technology company. The loan proceeds will be used by the borrower for improvements on a building

citizenM launches new safety standards and contactless stays

Boston, MA citizenM is upgrading to a minimal-fuss contactless experience. The “affordable luxury” lifestyle and hotel brand is transforming the way mobile citizens travel with a fun, free, global app. Using a mobile device

Shanahan retires from the Maine Real Estate & Development Association board of directors

Portland, ME According to the Maine Real Estate & Development Association (MEREDA), William Shanahan of Scarborough has retired from its board of directors after 16 years of service.

The Mount Auburn Club sold for $32.625 million to Alexandria Real Estate Equities and National Development

Watertown, MA According to the Crowley family, owners of the Mount Auburn Club for more than 46 years, the club will remain closed and it has been sold to a joint venture intending to develop the property

Richards of Hay Runner and Young of The Boulos Co. named MEREDA vice presidents

Portland, ME The Maine Real Estate & Development Association (MEREDA) has appointed Shannon Richards of Hay Runner, and Craig Young of The Boulos Company to vice presidents for 2020-2021.

MEREDA's 2019 notable project recipients

Portland, ME Every spring, MEREDA recognizes the most noteworthy and significant Maine commercial development projects from the previous year, all of which embody the Association's mission

GCP Applied Technologies sells Alewife Park for $125 million - handled by Newmark Knight Frank’s Boston Capital Markets Group

Cambridge,  MA GCP Applied Technologies, a leading construction products technology company, completed the $125 million sale of its Alewife Park, to IQHQ.