Regulators loosen appraisal standards during COVID-19 - by Christopher Yates

Federal regulators have thrown another lifeline to a slowing housing market by further loosening the rules around appraisals. On April 14^th, 2020, the Federal Reserve Board (FRB), the Federal Deposit Insurance Corporation (FDIC)

Glennon of Atlantic Commercial Real Estate handles 3,000 s/f lease

Stoughton, MA Atlantic Commercial Real Estate, LLC completed a lease totaling 3,000 s/f bringing Pro-Care, Inc. to 200 Cushing Dr. The transaction keeps this building of industrial condos

IBEW Local 103 and NECA donate $50,000 to mayor Walsh’s Boston Resiliency Fund for COVID-19 relief

Boston, MA The International Brotherhood of Electrical Workers (IBEW) Local 103 and the National Electrical Contractors Association (NECA) of Greater Boston, donated $50,000 to the Boston Resiliency Fund, the initiative mayor Martin Walsh

WuXi Biologics to build $60 million biologics production facility

Worcester, MA WuXi Biologics (WuXi Bio), and Worcester Business Development Corp. (WBDC) have signed a land deal for WuXi Biologics’ clinical and commercial manufacturing facility (MFG11) at The Reactory, a 46-acre master-planned biomanufacturing campus.

Spring Air leases 4,550 s/f at Cummings’ TradeCenter 128

Woburn, MA Spring Air is relocating its corporate headquarters from Everett St. in Chelsea to a 4,550 s/f space at TradeCenter 128. The international mattress company is expected to occupy its new offices at the Cummings Properties managed campus in July.

Now, where are we? - by Carol Todreas

The horrible vandalism and looting of retailers might have placed the last nail in the coffin for independent brick and mortar stores and their contribution to our communities. Already hurting from lock-downs, now they have to repair damaged storefronts

Horvath & Tremblay completes sale of two retail properties for $3.56 million - including a Santander Bank in Haverhill, MA

Haverhill, MA Horvath & Tremblay has completed the sale of two retail properties for a total of $3.565 million. Matt Nadler, Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of Santander Bank in Haverhill.

Kirkland and McGeary of Northeast Private Client Group broker $4.8 million building sale

Dorchester, MA Investment sales broker Northeast Private Client Group (NPCG) has completed the sale of Columbia Hall Mixed-Use located at 562 Columbia Rd. Drew Kirkland, senior associate for the firm,

Local Initiatives Support Corp. Boston present grants to 79 small businesses across the Commonwealth

Boston, MA According to Local Initiatives Support Corp. (LISC) Boston, 79 small businesses across the Commonwealth are receiving grants of up to $10,000 through the LISC Small Business Recovery Grant Program for Massachusetts.

C.E. Floyd Company gives back to community with donations - also supports CT Children’s and The Hospital of Central CT

Middletown, CT With two of its niche markets hit the hardest by COVID-19, C.E. Floyd Company, a general contractor and construction manager, knew it wanted to help. When one of the company’s senior living clients