Front Section

Newmark secures 95,800 s/f industrial
lease for Axcelis’ new distribution facility

Beverly, MA Newmark has arranged a 95,800 s/f industrial lease at 105 Sam Fonzo Dr. The transaction welcomes new tenant, Axcelis Technologies (Axcelis), an American company engaging in the design, manufacturing and servicing of capital equipment for the semiconductor manufacturing industry worldwide.

Cushman & Wakefield handles 135,000 s/f
lease for Quality Custom Distribution

Taunton, MA Cushman & Wakefield has arranged a 135,000 s/f lease for Quality Custom Distribution (QCD) at the Taunton Trade Center located at 300 Charles F. Colton Rd. Cushman & Wakefield’s Philip Verre and Pete Whoriskey represented the landlord, Martignetti Companies, while the tenant was represented by Chon Kantikovit

Cochran named interim executive director at ACE Mentor

Boston, MA According to ACE Mentor Program of Greater Boston, Reed Cochran will step into the role of interim executive director while ACE conducts a search for its next permanent E.D. After four years serving as executive director, Jen Fries has decided to leave her role to pursue other opportunities.

R.W. Holmes leases 15,000 s/f to Peak Scientific at 210 Littleton Rd.

Westford, MA R.W. Holmes has negotiated a 15,000 s/f office/flex lease at 210 Littleton Rd., to Peak Scientific. Peak Scientific, a UK-based nitrogen generator manufacturer who supplies and supports laboratory-grade gas generators globally,

Cabot Properties closes its largest fund ever at $1.57 billion

Boston, MA Cabot Properties, a leading investor, developer and operator of logistics properties throughout the United States, Europe and Asia Pacific, has closed Value Fund VII on $1.57 billion of equity commitments, above its initial target of $1.5 billion.

Peabody Resident Services earns Commission on Accreditation of Rehabilitation Facilities International accreditation

Braintree, MA Peabody Resident Services, an affiliate of the Peabody Companies, a group of award-winning property management and real estate firms, has received Commission on Accreditation of Rehabilitation Facilities (CARF) International Accreditation for Supportive Living Services for a three-year period through November 30, 2026,

Neponset River Regional Chamber selects Chestnut Hill Realty as 2023 Large Business of the Year

Norwood, MA The Neponset River Regional Chamber has selected Chestnut Hill Realty as its 2023 Large Business of the Year. The award is presented to a chamber member that demonstrates outstanding achievement in general management, employee relations, business growth, product innovation, and community and social responsibility.

Griffith and Pepdjonovic of Marcus & Millichap
handle $6.718m sale

Boston, MA Marcus & Millichap, has completed the sale of a mixed-use portfolio in the West Roxbury neighborhood of the city. The assets sold for $6.718 million.  “We were thrilled to be awarded this unique listing after a rigorous interview process that included several brokerage firms.

North Shore Realty closes two transactions totaling $4.223m

Beverly, MA Dan and Sara Pouladian of North Shore Realty Advisors Inc. closed two separate transactions for a total of $4,222,500 5 Edwards, a three-story multi-family built in 1985 with a lot size of .43 acres (18,562 s/f). The property consists of nine two-bedroom apartments

O’Brien Commercial Properties brokers $3.092 million
sale of 26-acre site

Bolton, MA Wood Partners has purchased a 26-acre site at 580 Main St. O’Brien Commercial Properties represented the seller, Condyne, and directly procured the buyer. The sale price was $3,091,500.  Their comprehensive permit will enable Wood Partners to build 229 apartments.