Holyoke, MA Massachusetts cannabis just got more diverse. The High End is proud to be the Commonwealth’s first-ever Certified MBE and WMBE cannabis company after successfully petitioning the Cannabis Control Commission to create pathways for equitable industry access for women and people of color. The mission-driven company will continue this vital advocacy work as it establishes itself in the Northeast.
Eastham, MA Acella Construction Corp., a leader in construction management throughout greater Boston, has completed construction of Emerald Grove medical dispensary at 3 Main St. Emerald Grove Medical Dispensary has received permits from the town to operate the combined retail and medical marijuana outlet.
As the Massachusetts cannabis industry grows, so do the real estate opportunities. Even REITs are getting their feet wet in the nascent industry! Appropriately zoned properties are necessary for cultivation, processing, and retail establishments, and cannabis entrepreneurs need knowledgeable representatives to help them navigate the complexities of purchasing or leasing a property.
Dracut, MA Vantage Builders, Inc., a general contracting, construction management and design-build firm based in Waltham, Mass., has completed the build-out of GreenStar Herbals’ first recreational cannabis dispensary. The 13,000 s/f shop, located at 76 Pleasant St., opened on October 5
th. GreenStar offers a wide variety of recreational cannabis products, including flowers, tinctures, oils, salves, patches, and various edible choices.
Peabody, MA Chris Everest and Kevin Olson of Nordlund Associates, Inc. negotiated the $1.375 million sale of 2 Bourbon St., a 15,800 s/f office with land associated. Nordlund represented the seller, PCE Co LLC. Jacob VanMeter of Re/Max 360 represented the buyer, Ideal Healthcare Systems Inc.
Scituate, MA Ellis Realty Advisors, has completed the sale of 131 Front St. Adam Bauer of The Business Exchange represented the buyer 131 Front Street LLC. David Ellis of Ellis Realty Advisors represented the seller, Scituate Harbor Limited Partnership. The 8,400 s/f mixed use building
Woburn, MA Medical device developer Qlibrium has relocated from a laboratory at University of Massachusetts Lowell’s Massachusetts Medical Device Development Center to 16 Tower Office Park, a Cummings Properties-managed building. The 4,700 s/f facility will house the firm’s offices
Boston, MA The Real Estate Roundtable’s 24-member board of directors has approved John Fish (CEO and chairman at Suffolk) as the organization’s chair-elect, to begin his term as chairman of the Roundtable in mid-2021.
Cambridge, MA David and James Stubblebine, principals of The Stubblebine Company/CORFAC International, sold 67 Smith Place in the Alewife neighborhood, to Cabot Cabot & Forbes (CC&F) for $49.6 million. The 4.4 acre parcel consists of three industrial buildings
Woburn, MA Full-service commercial real estate firm Cummings Properties has appointed Susan White as its director of sales. White will manage the company’s business development efforts across 10 of the 11 suburban communities in which it operates. In addition to leading a six-member team, White will formulate leasing strategy, foster industry relationships, and spearhead new lease negotiations. White’s professional background includes founding a hardware technology company, growing it over 25 years, and leading it through a successful acquisition.
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