Boston, MA JLL Capital Markets has hired Tom Hovey as director, joining the JLL Northeast Industrial Capital Markets Investment Sales and Advisory team.
Cambridge, MA An affiliate of The Bulfinch Companies, Inc. (Bulfinch), a commercial real estate and investment firm, has signed a long-term lease extension with TIAA, The Teachers Insurance and Annuity Association of American-College Retirement Equities Fund at 95 Mount Auburn St.
Little Compton, RI Mott & Chace Sotheby’s International Realty completed the sale of 21 Atlantic Dr., for $6.5 million. The sellers were represented by Cherry Arnold, sales associate of Mott & Chace Sotheby’s International Realty.
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
Marlborough, MA Black Diamond Solutions has signed a lease of office & flex space at 257 Simarano Dr. They will relocate headquarters from Northborough this month. Eric O’Brien and Andrew Goddard from O’Brien Commercial Properties Inc. brokered the transaction.<
Brockton, MA NeighborWorks Housing Solutions, one of the leading housing service providers in southern Massachusetts, was named the recipient of a $20,000 grant from the Dedham Savings Community Foundation.
Groton, CT According to Atlantic Property Management, The Sigmund Companies has selected the company to manage a premier 172,000 s/f retail property. Known for its expertise in commercial property management across
Boston, MA Freudenheim Partners has facilitated a lease on behalf of Berklee. The renowned institution has secured a retail and office space spanning 9,271 s/f at 699 Boylston St., located in Back Bay. This street-level space, formerly occupied by TB12, features first-floor
Everett, MA North Shore Realty Advisors Inc. has completed the sale of a 27-unit portfolio purchased by Zanzibar Capital and sold by United Properties for the total sale price of $7.85 million.
Wilmington, MA The Davis Companies (Davis) has entered into a 10-year lease agreement with a confidential snack food company at Upton Crossing, a newly developed industrial campus located at 38 Upton Dr. The company will occupy 32,493 s/f of industrial space beginning in Q1 of 2025.
