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MassDevelopment issues $37.89 million tax-exempt bond on behalf of BC Baystate Place LLC for Springfield property

Springfield, MA MassDevelopment has issued a $37.89 million tax-exempt bond and a $988,891 taxable bond on behalf of BC Baystate Place LLC, an affiliate of Beacon Communities LLC, which is using proceeds to buy, renovate, and equip the Baystate Place apartment complex

The Western Mass. CRE market has largely mirrored the rest of the country in 2020 and 2021 - by William Low

The Western Massachusetts commercial real estate market has largely mirrored the rest of the country in 2020 and 2021. The industrial sector has been on a tear while the retail and office markets, not so much.

Fitzgerald joins The Savings Bank as vice president - commercial

Wakefield, MA Ed Fitzgerald has joined The Savings Bank as vice president - commercial lender. Fitzgerald’s new appointment marks his return to the bank, having served in the same capacity from 2008 to 2012.

Verenis of Marcus & Millichap handles $1.2 million apartment building sale

Worcester, MA Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has competed the sale of Arline Street Apartments, a six-unit apartment property, according to Thomas

Campanelli acquires former CISCO campus - Newmark to lease The Park at Beaver Brook

Boxborough, MA Campanelli has assigned Newmark to lead leasing efforts at the former CISCO headquarters campus, newly rebranded as The Park at Beaver Brook. The Park at Beaver Brook totals more than 409,000 s/f of existing office space and up to 1 million s/f of new development

Northeast Private Client Group brokers $4.1 million building sale

Holliston, MA Northeast Private Client Group’s (NEPCG) has completed the sale of Central St. mixed-use building. Senior associates Francis Saenz and Drew Kirkland represented the sellers and procured the buyers for the mixed-use transaction

Purchase and Sale of Real Estate - Part 1 - by Michael Brangwynne

Introduction: Agreements for the purchase and sale of real estate are governed by the same general contract principles that apply to any binding agreement between two or more parties. Nevertheless, there are certain legal issues that often arise in the purchase and sale of real estate

Mass. Building Trades Unions applaud President Biden and Congress for infrastructure investment

Boston, MA The 75,000 members of the Massachusetts Building Trades Unions applaud President Biden and the Congress for passing and signing the largest infrastructure investment

Kelleher & Sadowsky orchestrates sale of vacant parcels on Park Ave. to Clark University for $6.95m

Worcester, MA Kelleher & Sadowsky Associates completed the land sale of 520 Park Ave. and 111 Maywood St. totaling 7.3 acres by Family Holdings Nominee Trust and Jerek Realty, Inc.to Clark University for $6.95 million.

JLL Capital Markets arranges $5.3m sale of industrial facility

Milford, MA JLL Capital Markets has closed the $5.3 million sale of a 32,040 s/f vacant industrial warehouse facility at 357 Fortune Blvd. Situated on 3.7 acres, 357 Fortune Blvd. is in the town of Milford, a southeastern suburb about 26 miles from downtown Boston.