Front Section

PROCON continues to grow under the next generation of leadership

Hooksett, NH PROCON, a family-owned and operated design-build firm is continuing its family legacy under the leadership of managing directors John Stebbins and Jennifer Stebbins Thomas, along with long-term PROCON officers.

Cresa negotiates100,000 s/f lease on behalf of Generation Bio Co.

Waltham, MA The Boston office of Cresa has negotiated a long-term lease commitment for 100,000 s/f at Centerpoint, located at 41 Seyon St. on behalf of Generation Bio Co., a biotechnology company innovating genetic medicines to provide durable, redosable treatments for potentially hundreds of millions

Clarion Partners sells Cambridge Highlands Campus for $180 million - Newmark’s Capital Markets Group represents seller and procures buyer

Cambridge, MA Newmark completed the $180 million sale of the Cambridge Highlands Campus, a four-building office/R&D campus. Newmark co-head of U.S. Capital Markets Robert Griffin, vice chairman Edward Maher, executive managing directors Matthew Pullen

Conrad and McEvoy of The Conrad Group sell 80,000 s/f facility for $14 million - for seller, MAG RE Holdings 800 Boston Turnpike, LLC

Shrewsbury, MA The Conrad Group has sold 800 Boston Tpke. The property consists of an 80,000 s/f life sciences building on 6.3 acres. The site is leased to Cytiva, a global provider of technologies and services that help advance and accelerate the development and manufacture of therapeutics.

Material price escalation – What is a contractor to do? - by Jared Cohane

The fallout from the COVID-19 pandemic continues to plague the construction industry in many ways, but perhaps the most significant erosion to the contractor’s bottom line has come in the form of market volatility for construction materials.

Eastern Bank welcomes Metropolitan Cabinets & Countertops as a new commercial customer

Boston, MA According to Eastern Bank, Metropolitan Cabinets & Countertops (Metropolitan) has joined as a new commercial banking customer. Founded in 1984, Metropolitan is a family run business that provides custom cabinetry and countertops to residential and commercial customers

JLL Capital Markets closes $35.5m sale of 35 Medford St., Somerville, MA

Somerville, MA JLL Capital Markets has closed the $35.5 million sale of 35 Medford St., a three-story office property totaling 58,156 s/f. JLL marketed the property on behalf of the seller, funds advised by Columbia Real Estate Management

Boston Common, LLC finalizes purchase of Emerson Place for $5.75 million

Bedford, MA Boston Common, LLC has completed the acquisition of Emerson Place located at 41-55 North Rd. According to public record the property was sold for $5.75 million.

Nahigian of Auburndale Realty Co., completes corporate real estate transaction for Hoskin&Muir

Whitinsville, MA Rob Nahigian, FRICS, CRE, SIOR, MCR of Auburndale Realty Co., completed a corporate real estate transaction for Hoskin&Muir, d/b/a HMI-Cardinal of Louisville, KY and its subsidiary Woon-Tech of 369 Douglas Rd.

T3 Advisors represents HubSpot in lease extension at 2 Canal Park

Cambridge, MA According to T3 Advisors, A Savills Company (T3 Advisors), HubSpot’s has terminated their lease at 1 Canal Park and expanded and renewed their lease at 2 Canal Park. By