WS Development leases 580,000 s/f to Foundation Medicine at 400 Summer St. in Seaport

Boston, MA In one of the largest life sciences lease in the city since 2011, WS Development has leased 580,000 s/f of laboratory and office space to Foundation Medicine at 400 Summer St., part of the company’s 23-acre Seaport development.

David and James Stubblebine and Ringuette of The Stubblebine Company sell 255 Hudson Rd. for $5.75 million

Stow, MA David and James Stubblebine, principals, and Alan Ringuette, senior advisor, all of The Stubblebine Company, represented RT Real Estate LLC in the sale of 255 Hudson Rd. They also procured the buyer, Lowfield Realty Group.

Jewett Construction hires Duhaime as project manager

Scarborough, ME Jewett Construction has added Steve Duhaime to their project management team. Duhaime has been hired as a project manager to ensure that each project is exceptional and results in the highest level of client satisfaction.

Aho Properties leases 3,550 s/f at 42 Nagog Park

Acton, MA Joel Aho, president of Aho Properties represented the landlord, Technology Point Properties LLC, in leasing 3,550 s/f at 42 Nagog Park to FluidForm Inc.

Project of the Month: Dacon Corp. and L. Knife & Son, Inc. complete 62,000 s/f expansion for Sheehan Family Cos.

Kingston, MA Dacon Corp. has completed a 62,000 s/f expansion  to the corporate headquarters of the Sheehan Family Companies located at L. Knife & Son, Inc.. Since its founding four generations ago, L. Knife & Son

Can you exchange one property for multiple properties, or multiple properties for one property, in a single 1031 exchange? - by Bill Lopriore

Taxpayers often ask whether they can exchange out of more than one relinquished property for a single replacement property, and whether they can exchange into more than one replacement property for a single relinquished property. The short answer is yes

Hotel brand standards race: Gotta keep up! - by James O'Connell

The faster our society moves, the more nimble hotel owners have to be. A reality for hotel owners these days is that they can never stop working to add new items, provide new services and can never stop trying to meet the evolving needs of their customers. 

Stuckey joins Pearce Real Estate’s New Haven office as a sales agent

New Haven, CT According to Barbara Pearce, CEO and chair of Pearce Real Estate, Ben Stuckey has joined the company as a sales agent in the office at 32 Whitney Ave. He reports to Nanette Pastore, president and office manager.

Griffith and Pepdjonovic of Marcus & Millichap handle $2.415 million sale

Quincy, MA Marcus & Millichap has finalized the sale of 36-40 Bigelow St., a 13-unit apartment property, according to John Horowitz, regional manager of the firm’s Boston office. The asset sold for $2.415 million.

JLL advises Welltower on recapitalization of Benchmark Senior Living’s $1.8 billion portfolio

Boston, MA JLL has exclusively advised Welltower Inc. in the recapitalization of the Benchmark Senior Living portfolio, which Benchmark previously owned in partnership with Welltower, with private institutional capital