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Conrad and McEvoy of The Conrad Group sell 80,000 s/f facility for $14 million - for seller, MAG RE Holdings 800 Boston Turnpike, LLC

Shrewsbury, MA The Conrad Group has sold 800 Boston Tpke. The property consists of an 80,000 s/f life sciences building on 6.3 acres. The site is leased to Cytiva, a global provider of technologies and services that help advance and accelerate the development and manufacture of therapeutics.

Material price escalation – What is a contractor to do? - by Jared Cohane

The fallout from the COVID-19 pandemic continues to plague the construction industry in many ways, but perhaps the most significant erosion to the contractor’s bottom line has come in the form of market volatility for construction materials.

Eastern Bank welcomes Metropolitan Cabinets & Countertops as a new commercial customer

Boston, MA According to Eastern Bank, Metropolitan Cabinets & Countertops (Metropolitan) has joined as a new commercial banking customer. Founded in 1984, Metropolitan is a family run business that provides custom cabinetry and countertops to residential and commercial customers

JLL Capital Markets closes $35.5m sale of 35 Medford St., Somerville, MA

Somerville, MA JLL Capital Markets has closed the $35.5 million sale of 35 Medford St., a three-story office property totaling 58,156 s/f. JLL marketed the property on behalf of the seller, funds advised by Columbia Real Estate Management

Boston Common, LLC finalizes purchase of Emerson Place for $5.75 million

Bedford, MA Boston Common, LLC has completed the acquisition of Emerson Place located at 41-55 North Rd. According to public record the property was sold for $5.75 million.

Nahigian of Auburndale Realty Co., completes corporate real estate transaction for Hoskin&Muir

Whitinsville, MA Rob Nahigian, FRICS, CRE, SIOR, MCR of Auburndale Realty Co., completed a corporate real estate transaction for Hoskin&Muir, d/b/a HMI-Cardinal of Louisville, KY and its subsidiary Woon-Tech of 369 Douglas Rd.

T3 Advisors represents HubSpot in lease extension at 2 Canal Park

Cambridge, MA According to T3 Advisors, A Savills Company (T3 Advisors), HubSpot’s has terminated their lease at 1 Canal Park and expanded and renewed their lease at 2 Canal Park. By

Avison Young arranges $3.15m sale of industrial-office flex property

Northborough, MA Avison Young’s Boston office has arranged the sale of 104 Otis St., a 26,522 s/f fully-leased industrial/flex building. Commercial real estate services firm Ciminelli Real Estate Corp. acquired the property from LT Otis LLC for $3.15 million.

Kelleher and Pentore of Horvath & Tremblay broker $5.155 million sale

Waltham, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of Maple & Adams, a three building multifamily portfolio totaling 24 units for $5.155 million. The

1031 Exchange and the Tax Reform Bill - What it could mean to investors - by Michele Fitzpatrick

Like most financial institutions, we’ve been closely following and analyzing the Tax Reform Bill at Northern Bank, so we can better understand its implications for our investor clients and get all the