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SIOR holds panel discussion on tenant improvements

Boston, MA The New England SIOR Chapter held a Panel Discussion on October 29th with three construction/landlord panelists to discuss how to avoid the horrors of deals gone bad due to costs not meeting estimate expectations.

WS Development and PSP Investments signs Amazon to 630,000 s/f in Seaport

Boston, MA WS Development, in partnership with the Public Sector Pension Investment Board (PSP Investments), joined Amazon, mayor Martin Walsh, and governor Charlie Baker in announcing that Amazon has leased 630,000 s/f of office space in a new building to be constructed at the company’s 33-acre Seaport development.

Newmark completes sale of 217,592 s/f 11 Centennial Dr.

Peabody, MA Newmark has completed the sale of 11 Centennial Dr., a “last-mile” warehouse/distribution facility located 15 miles north of Boston. Comprising 217,592 s/f, 11 Centennial Dr. is fully occupied by Cardinal Health, one of the largest drug wholesalers in the United States. Cardinal Health utilizes the property as a regional distribution facility

Colliers International handles $23.3 million portfolio sale to The Grossman Cos. - includes Sherborn Court Apartments in Medford and 124 Summer St. in Somerville

Medford, MA Colliers International completed the closing of a five building, 76-unit multifamily portfolio located in both Somerville and Medford for $23.3 million. The portfolio included Sherborn Court Apartments in Medford

Standard Communities completes first acquisition in Mass. - an apartment property and senior community

Methuen, MA Marking its first transactions in Massachusetts, Standard Communities, the affordable housing division of Standard Companies, has acquired Mills Falls Apartments in Methuen, a 97-unit mixed-income property

Retail therapy: Stores in the time of COVID-19 - by Carol Todreas

Retail therapy is the pursuit of shopping to make one feel good, especially in times of stress. Coined in the 1980s when shopping became a national pastime and there were many more stores than today, shoppers flocked into stores and malls

Butler, St. John and McLaughlin of CBRE broker $72.7 million sale of Townhomes of Beverly, a 204-unit multifamily community

Beverly, MA CBRE has arranged the sale of Townhomes of Beverly, a 204-unit multifamily community located at 201 Broughton Dr., for $72.7 million.  CBRE Capital Markets’ multi-housing experts Simon Butler

Confalone named president of The Greater Boston Association of Realtors

Cambridge, MA Dino Confalone, associate director of sales at Gibson | Sotheby’s International Realty, has been named president of The Greater Boston Association of Realtors. Confalone brings over 30 years experience

Cushman & Wakefield releases focus group and survey data from industry leaders on post-pandemic workplace

Boston, MA Cushman & Wakefield released a report examining what industry leaders expect their future workplaces to look like in a post-pandemic environment following the anticipated successful distribution of the COVID-19 vaccination.

Lefebvre of Elm Grove Realty sells 40-unit apt. complex for $5.45m

Westfield, MA Matthew Lefebvre of The Lefebvre Team at Elm Grove Realty, based in Manchester, N.H., sold 200 Southwick Rd., a 40-unit apartment complex also known as Oakwood Terrace, for $5.45 million. Lefebvre represented the sellers