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Colliers advises Vibalogics in 118,000 s/f Life Science deal in Boxborough, MA

Boxborough, MA Colliers International has advised the life science company Vibalogics, in a 118,000 s/f, long-term lease transaction at 1414 Massachusetts Ave. The organization, which specializes in clean virotherapy manufacturing, joined Ampersand Capital Partners’

North Branch receives Building of the Year Award

Hooksett, NH The New Hampshire Chapter of the U.S. Green Building Council presented North Branch Construction with their Building of the Year Award for the NHARNG Field Maintenance Shop at the NH Chapter’s Virtual Annual Meeting on December 3rd.

Converting retail space to distribution spaces - by Leah Rubega & William Squires

The continued decline of big box retailers, particularly in the wake of COVID-19, has left large spaces in malls and shopping plazas vacant. In the wake of the increasing availability of spaces with large footprints, there has been a growing trend towards converting such spaces into warehousing, distribution, e-commerce, light manufacturing (i.e., assembly), and other similar uses.

Review of the market and industry and observations as to where we might be going - by Earle Wason

It appears the current mantra of all my friend’s and clients in the hospitality industry: “ Do everything I can to survive until next May or June and hope that there is serious improvement in the fight against COVID-19 and an economy on the rise.” 

Horvath & Tremblay completes sale of three retail props. for $11.336m

Gray, ME Horvath & Tremblay has completed the sale of three retail properties for $11.336 million. Bob Horvath and Todd Tremblay of Horvath & Tremblay completed the sale of Walgreens in Gray, ME. Horvath & Tremblay exclusively represented the seller to complete this transaction at a sale price of $6.6 million.

Cummings Properties signs HopeWell to 3,555 s/f new lease

Andover, MA Social services agency HopeWell has found a new home at 40 Shattuck Rd. The nonprofit organization recently signed a lease to relocate its Methuen office to the new 3,555 s/f space in 2021. HopeWell’s services include intensive foster care placements

Negligence: An introduction to Causes of Action - by Michael Brangwynne

This is the fourth article in a series on the circumstances that can give rise to a civil lawsuit. Earlier articles in the series can be found on Fletcher Tilton’s website under Articles and on the NEREJ website.  Negligence Generally In the last two installments of this series, we saw the importance of incorporating and obtaining appropriate business liability insurance

Combined Properties executes 26,476 s/f lease to SRS Distribution

Malden, MA According Combined Properties Inc., SRS Distribution signed a lease at 326 Commercial St. for 26,476 s/f of prime industrial space.  SRS Distribution is an industry-leading, wholesale roofing products distributor that serves the professional roofing contractor.

Bauer and Nessel of The Business Exchange complete sale of a restaurant in Woods Hole

Woods Hole, MA Adam Bauer and John Nessel of The Business Exchange exclusively arranged the sale of 71 Water St. Previously owned by Irie Realty Trust, the seasonal 80+ seat waterfront restaurant was sold to Brayden Realty Trust. The sale price was not disclosed.

Atlantic Commercial Real Estate brokers $485,000 ind’l. condo. sale

Foxborough, MA Atlantic Commercial Real Estate, LLC has brokered the $485,000 sale of 14 Perry Dr., Unit B, one of four industrial condominiums located in the Ganawatte Place Business Condominiums Industrial Facility. The facility features parking