Front Section

Dacon begins work on new facility for Monogram Food Solutions

Haverhill, MA Dacon Corp. has commenced construction on a 135,000 s/f facility for Monogram Food Solutions, a leading manufacturer of value-added food products for their new location in Creek Brook Park. Founded in 2004, the Memphis-based Monogram

The Klein Group of Marcus & Millichap arranges $3 million sale of a 106,693 s/f industrial building

Lawrence, MA Marcus & Millichap has completed the sale of 65 Manchester St., a 106,693 s/f industrial property, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $3 million.

Benton of Horvath & Tremblay sells three multifamily properties in Framingham, MA for $2.248 million

Framingham, MA Ryan Benton of Horvath & Tremblay has completed the sale of three multifamily properties for a total of $2.248 million. The apartment buildings, all four-unit assets, included 72-R Clark St., 308 Hollis St. and 30 Chestnut St.

Hobbs Brook Real Estate signs ZoomInfo to 100,000 s/f lease at 275 Wyman - a five-story LEED Gold Certified office building

Waltham, MA According to Hobbs Brook Real Estate LLC, 275 Wyman will soon become the East Coast office for ZoomInfo, a global leader in go-to-market intelligence solutions. The deal represents the area’s second largest lease during 2020.

Sullivan & Sullivan Auctioneers to host public auction of 17 acres of undeveloped land May 14

Hopkinton, RI Sullivan & Sullivan Auctioneers will host the upcoming public auction of 17 acres of undeveloped land at Exit 1. The large, family-owned parcel with significant frontage on Rte. 3  and direct on/off access to I-95

1031 like-kind exchanges and vacation homes - by Bill Lopriore

Many people own rental properties in vacation locations and want the benefits of tax-deferred exchanges while still enjoying their property for personal use. However, too much personal use and not enough rental use can disqualify the property for tax-deferred treatment

Nitsch Engineering earns award for Christian Science Plaza restoration and repair project

Boston, MA Nitsch Engineering has earned a National Recognition Award for exemplary engineering achievement in the American Council of Engineering Companies’ (ACEC) 54th annual Engineering Excellence Awards (EEA) for the Christian Science Plaza restoration and repair project.

DivcoWest’s 250 Water St. at Cambridge Crossing fully leases to Bristol Myers Squibb - part of the new 43-acre neighborhood under construction

Cambridge, MA According to DivcoWest, 250 Water St. at Cambridge Crossing (CX), the new 43-acre neighborhood under construction at the intersection of Cambridge, Somerville, and Boston, is now fully-leased following an expansion of Bristol Myers Squibb’s presence in the building.

Crown Equipment signs lease at The Downs

Scarborough, ME Crown Equipment Corp. has signed a build-to-suit lease, becoming the latest tenant at The Downs Innovation District. Crown is one of the world’s largest material handling companies and produces a broad range of forklifts as well as automation

BentallGreenOak sells 147 Milk St. in downtown to KanAm Grund - Newmark’s Capital Markets Group arranges sale

Boston, MA Newmark has completed the sale of 147 Milk St., a trophy urban medical office building located in downtown. Newmark co-head of U.S. Capital Markets Robert Griffin, executive managing director Frank Nelson