Lowell, MA Jumbo Capital Management, LLC acquired 75 Technology Dr. from Suffolk Advisors for $7.7 million in an off-market transaction facilitated by Anthony Biette of Peak Real Estate Partners. Adding 62,000 s/f of semiconductor lab and R&D space to their existing 4.5 million s/f of real estate in the Greater Boston area, Jumbo is excited to partner with blue-chip credit tenant Microchip Technology Inc. who occupies the entire facility.
Providence, RI Kevin Casey of Sweeney Real Estate & Appraisal represented RISSPORT 1, LLC in the sale of multiple multifamily properties around Rhode Island. The properties were purchased by Hennessy Group, LLC. The portfolio consisted of six different locations including:
Rowley, MA According to Nordlund Associates, Anthony Triglione facilitated a transaction representing the property owner in the lease of 12,800 s/f to General Products and Gear Corp. at 445 Newburyport Tpke. GP&G will be relocating and expanding from a nearby facility.
Are you as productive working from home as you were at your pre-COVID traditional office? Is your physical and/or mental health suffering? Has your kitchen become the company cafeteria? On your “new normal” work day, is your dog or cat the only one you talk to “in person?” Many like working from home – especially if their daily commute has morphed from a 45-minute, stressful rush-hour crawl to a two-minute stroll from the bedroom to the home office.
We’re 11 months into 2020 and if someone would have told me that the world was continuing to battle a global pandemic I, like many of you, would have thought that was preposterous! Unfortunately, we all continue to live with impacts from COVID-19 and face ongoing health and safety concerns for ourselves, our families, our loved ones, and as business owners – our customers and employees.
Boston, MA Newmark’s Self Storage Group has completed the sale of a 16-property New England self-storage portfolio on behalf of its client, Michigan-based Storage Pros Management LLC. This transaction represents Newmark’s fourth large portfolio sale with Storage Pros’ industry veterans and leaders, David Levenfeld, Ian Burnstein and John Price.
This is the third article in a series on the circumstances that attach to a civil lawsuit. Earlier articles in the series can be found on Fletcher Tilton’s website under Articles and on the NEREJ website. In order to lay a proper foundation, it seems necessary to take one final detour before diving into the most common causes of action. As we saw in the second installment of this series, based on the principal of respondeat superior, an employee’s single careless act can have dramatic consequences on his employer’s business.
Woburn, MA David, James and Micah Stubblebine, principals, and Ellen Garthoff, senior advisor, of The Stubblebine Co./CORFAC International represented BirchPoint LLC and Lizwob Realty LLC in the $10.4 million sale of 180 New Boston St. The buyer was a joint venture partnership comprised of Oliver Street Capital and Bain Capital Real Estate.
Quincy, MA MassHousing has closed on $28.994 million in affordable housing financing to Wollaston Lutheran Housing, Inc., for the refinancing and extension of affordability for at least 20 years for lower-income senior citizens and residents with disabilities at the 151-unit Town Brook House.
Cambridge, MA According to Boston-based life science developer King Street Properties, (King Street) construction has begun on 101 Cambridgepark, a new class A laboratory building located at 101 Cambridge Park Dr. King Street is partnering with California-based Healthpeak Properties on the $170 million project, which will deliver in the third quarter of 2022.
