Front Section

Todd Nordblom promoted to president of Nordblom Company

Burlington, MA According to Nordblom Company, Todd Nordblom was promoted to company president. In his new role, he will oversee all Nordblom Company’s investment and development activity as well as investor relations and marketing.

Cresa Boston and Newmark negotiate lease for Olink Proteomics

Waltham, MA The Boston office of Cresa and Newmark negotiated a 22,000 s/f lease at Stony Brook, 130 Turner St. The lease is on behalf of Olink Proteomics (Olink) a Swedish company dedicated to innovation, quality, rigor and transparency, providing

Griffith and Pepdjonovic of Marcus & Millichap handle $5 million sale

East Boston, MA Marcus & Millichap has completed the sale of 45-47 Chelsea St. and 37 Chelsea St., a 12-unit apartment building portfolio, according to Thomas Shihadeh, regional manager of the firm’s Boston office.

Dalton joins Avison Young as principal

Boston, MA According to Tom Collins, Avison Young principal and managing director of the firm’s local office, the firm has hired Michael Dalton, SIOR as principal. He brings more than 30 years of leadership and commercial real estate experience,

Columbia Property Trust secures 33,000 s/f of leases at 116 Huntington

Boston, MA Columbia Property Trust, Inc. signed four leases at 116 Huntington Ave., its class A office property. The four leases, which included three extensions and expansions totaling 27,000 s/f and a new lease for 6,000 s/f were signed with: Longpoint Realty Partners, a real estate private equity firm that has expanded its footprint

Quinlan and Berger of SVN | Parsons represent landlord in 7,047 s/f lease

Lowell, MA SVN | Parsons Commercial Group | Boston has completed a 7,047 s/f long-term lease at 59 Lowes Way with Applied Behavior Institute. Assistant managing director of brokerage, Matthew Quinlan, along with senior advisor, Alex Berger, of SVN | Parsons, represented the landlord, Connector Park Equity Partners, LLC.

Bongiorni of SR Commercial Realty brokers $2.45 million sale of four-parcel package in Hartford - includes a three-story office building at 450 Church St

Hartford, CT Paul Bongiorni of SR Commercial Realty completed the sale of a four-parcel package in downtown. The transaction included a three-story office building at 450 Church St., and the adjoining lots.

Harsfield named principal at National Development

Newton, MA National Development has named Leah Harsfield as a principal of the firm. Harsfield joins the company’s senior leadership team while continuing to serve as director of leasing, where she oversees leasing strategy for National Development’s commercial portfolio.

The retail landscape: Ever-adapting - by Carol Todreas

The retail sector like the office sector is still in a mode of customer discovery: what do they want, where will they get it, is there a new shopping norm, how has the pandemic changed them?

Horvath & Tremblay sells two retail properties for $12.285m

Wareham, MA Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of an Aldi anchored retail center in Wareham. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction