Front Section : NEREJ

Sweeney and Rouse of Sweeney Real Estate & Appraisal arrange 3,723 s/f lease to GE

East Greenwich, RI Thomas Sweeney, SIOR and Christina Rouse of Sweeney Real Estate & Appraisal represented the landlords of 42 Ladd St., the Greenwich Mills located on the Warwick/East Greenwich town line in the lease agreement with GE Renewables US LLC. GE will occupy 3,723s/f of office space on the second floor of Building 2

Three 1031 Exchange investment options - by Dwight Kay

It’s both an exciting time and a very trying time when an investor sells a property and wants to defer taxes in a 1031 Exchange. A 1031 Exchange is when an investor sells a property that was held for business or investment use and then exchanges into another property of equal or greater value in an effort to defer taxes.

Capital Group Properties receives approval for 67,500 s/f industrial building

Leominster, MA Capital Group Properties has received full site plan approval for a proposed 67,500 s/f industrial building to be located at 21 Jungle Rd. Capital Group Properties anticipates delivery late in the fourth quarter of 2024. The planning board approved the site plan

Ogasapian and Sampson of R.W. Holmes arrange three building sales

Burlington, MA R.W. Holmes has recently negotiated multiple sales transactions. Highline Construction purchased the 5,870 s/f industrial/flex building at 215 Middlesex Tpke., for $1.82 million. The property was sold by Hamel & McAlister.

Donnelly of The Boulos Company brokers sale of 77-room hotel to Kebo Street Properties

Bar Harbor, ME Local investor group, Kebo Street Properties LLC, purchased the former Port Inn/Quality Inn and Suites from Giri Bar Harbor, Inc. for an undisclosed price. In addition to the 77-room, limited-service hotel, the sale includes a 2,101 s/f single-family home

Maynard-Pimentel named recipient of Dacon’s Founders Scholarship

Boston, MA Wentworth Institute of Technology has selected William Maynard-Pimentel, a sophomore in the construction management program, as the winner of Dacon’s Founders Scholarship honoring company founders Richard Kuchinsky, Dennis Leahy, Ron Gagnon and Patricia Canelli.

Retail Innovation and Changes for Success Summit March 28

Dedham, MA The New England Real Estate Journal (NEREJ) and Rumphius Marketing have teamed up to co-host the Retail Innovation and Changes for Success Summit. The event will be held on Thursday March 28th from 8:30 a.m. to 12 p.m. at The Legacy Place Showcase Cinema De Lux, 670 Legacy Place.

Lincoln Property Company and Cresa arrange 70,000 s/f
lease to BPGbio at 300 Third Ave.

Waltham, MA According to Lincoln Property Company (Lincoln), Cresa Boston, and BPGbio, Inc., a leading biology-first AI-powered biopharma that focuses on oncology, neurology, and rare diseases, today BPGbio has leased 70,000 s/f of lab and office space at 300 Third Ave.

MountainOne Insurance expands with new location and additional agents

Stockbridge, MA MountainOne Insurance Agency expanded into the Southern Berkshire County market with the opening of the agency’s newest location at 31 Main St. on January 2, 2024. With this expansion, MountainOne has also appointed two industry veterans to the agency