While not all landlords prefer – or are able – to lease their commercial properties exclusively to large, creditworthy “national” tenants, these tenants are attractive due to their strong financial stability. However, what about the small businesses and middle market companies that make up a significant share of office, retail, and industrial leases?
Cambridge, MA SMMA, an integrated planning and design firm, appointed Lorraine Finnegan as its chief executive officer, president, and chairman of the board. An accomplished architect, team leader, and 27-year SMMA employee, Finnegan succeeds Ara Krafian, who will retire in June after 34 years with the Cambridge-based firm, including 18 years as CEO.
Beverly, MA CM&B has promoted Rob McCarter to vice president/senior project manager. This promotion is a testament to McCarter’s exceptional contributions, dedication to excellence, and his unwavering commitment to People.Building. His relentless drive to ensure
Worcester, MA The new education and research building at UMass Chan Medical School—a 350,000 s/f facility—is now the most energy-efficient building on the medical school’s campus. Officially named the Paul J. DiMare Center
Wellesley, MA According to Hunneman, 70 Hastings St., a former office building turned class A medical office, is now 94% occupied following Hunneman’s completion of a 3,000 s/f lease to Perla Pediatrics Smiles on behalf of the building’s landlord, Grander Capital Partners.
Quincy, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of the Presidential Estates, a 276-unit apartment community. Horvath & Tremblay worked with the seller and procured the buyer in the transaction. The asset sold
Boston, MA Global commercial real estate advisor Avison Young has arranged a new 3,513 s/f lease on the third floor of 69 Canal St. on behalf of law firm Geller Benjamin, LLP. The growing law firm, which specializes in immigration, family, bankruptcy, real estate and general law, will relocate
Boston, MA OnPoint Companies has reached substantial completion and officially launched sales for its newest ground-up multifamily development, The Parkline, located at 27 Dixwell St., at the intersection of Jamaica Plain and Roxbury – one of the city’s most rapidly evolving neighborhoods.
Walpole, MA JLL Capital Markets completed the $26 million sale of 295 Union St., a low-coverage, 85,159 s/f industrial property. JLL represented the sellers, Casco Real Estate Partners and Berkeley Partners, in the transaction. Stockbridge acquired the asset.
Boston, MA JM Electrical has been listed as the 9
th safest electrical contractor in the nation, and has been awarded with the prestigious 2025 Recognition of Achievement in Safety Excellence from the National Electrical Contractors Association (NECA).
