Front Section

Tishman Speyer acquires 60 acres - plans to
build four warehouses

Peabody, MA Tishman Speyer and Mitsui Fudosan America, Inc. (MFA) acquired a 60-acre, fully-entitled development site from Analogic Corp. at 8 Centennial Dr. The site consists of a 515,000 s/f office and manufacturing facility that has served as Analogic’s headquarters for over 40 years.

White and Burke of The Boulos Company sell 24,237 s/f
to Chinburg Development, LLC for $5.45 million

Portsmouth, NH Chinburg Development, LLC purchased 40 Pleasant St. from Allison Street Holdings, LLC. The 24,237 s/f building sold for $5.45 million in a transaction arranged by Kent White and Caitlin Burke of The Boulos Company.

Pouladians of North Shore Realty Advisors Inc.
sell 16 units for $5 million

Chelsea, MA North Shore Realty Advisors Inc. negotiated the $5 million sale of 32 Annese Rd. The 1970s brick garden-style apartment building consists of 16 apartments with 18 off-street parking spaces. 32 Annese has 14,880 rentable s/f and 15,480 gross s/f and offers laundry facilities on-site

Cushman & Wakefield facilitates Welch’s relocation to 60,000 s/f at 1601 Trapelo Rd. within Reservoir Place

Waltham, MA Welch’s, a leader in the fruit-based food and beverage industry, will be relocating to Reservoir Place from Concord in 2025. Having a headquarters presence in Concord for the last 40 years, Welch’s worked with Cushman & Wakefield to identify office spaces

Kirton of Lila Delman Compass represents buyer of 271 Carnegie Harbor Dr.

Portsmouth, RI Lila Delman Compass negotiated the sale of 271 Carnegie Harbor Dr. for $4.15 million. Eric Kirton of Lila Delman Compass’ Newport office, represented the buyer in this transaction.

Local Initiatives Support Corp. updates name, LISC Mass., aims to extend reach

Boston, MA The Local Initiatives Support Corp. (LISC) has a new name and strategic focus for its local office, which will immediately be known as LISC Massachusetts. The expanded strategic and programmatic focus will help LISC reach communities across the state. LISC Massachusetts provides accessible financing, technical assistance, and policy expertise to local community development organizations

Wagner, Gallivan and Hoffmann of Boston Realty Advisors lease 109,318 s/f to Babson College

Wellesley, MA Boston Realty Advisors (BRA) represented Babson College in a new 15-year lease for the Longfellow Wellesley Tennis and Health Club in the former Boston Sports Club (BSC) at 140 Great Plain Ave.

The Corporate Transparency Act (CTA) and state analogues - by Bowman and Royce

This article summarizes the basics of (a) the federal Corporate Transparency Act (the CTA), which became effective on January 1st, 2024, (b) the New York LLC Transparency Act (NY LLCTA), which was passed on March 1st, 2024 and becomes effective on January 1st, 2026, and (c) state transparency laws that have been proposed for passage in California and Massachusetts.

MassHire Greater Brockton Workforce Board names Hunter executive director

Brockton, MA MassHire Greater Brockton Workforce Board has appointed Jason Hunter as the next executive director. Born and raised in the region, Hunter has over 20 years of experience in the nonprofit world and has been proven to be a leader in the field.

MassDevelopment and M&T Bank provide $9.4 million tax-exempt bond for Northshore Education Consortium renovation

Beverly, MA MassDevelopment has issued a $9.4 million tax-exempt bond, enhanced with a mortgage insurance guarantee, on behalf of Northshore Education Consortium (NEC), an educational collaborative providing special education across multiple public day schools to students with emotional, behavioral, and developmental disabilities.