Front Section

Building Engines unveils plans for TRANSFORM 2020 Summit - to take place June 9-10 at Fenway Park

Boston, MA Building Engines, the building operations platform for modern commercial real estate, has presented plans for its annual summit, TRANSFORM. The event will bring together over 300 CRE professionals from around the world for a program

Nohrden of Burgess Properties brokers $11.85 million sale of Malden office buildings

Malden, MA Burgess Properties Inc. has brokered the sale of 15-23 Pleasant St., 11 Dartmouth St., and 17 Dartmouth St. for a total of $11.85 million. The three parcels, which sit in the city’s Opportunity Zone, comprise two fully-leased multi-tenanted office and retail buildings

Stebbins Commercial Properties LLC sells 6,940 s/f building for $550,000

Manchester, NH Mike Reed, president of Stebbins Commercial Properties LLC, has completed the sale of the 6,940 s/f commercial building at 764 Chestnut St. from Cathy Green Trust to Thomas H. Kelley. Reed represented the seller

CTA Const. breaks ground on Foxborough’s Burrell Elementary School’s $25.9m renovation and expansion

Foxborough, MA CTA Construction joined local officials, the Mass School Building Authority, school administrators, students and other members of the community to mark the official groundbreaking of the Burrell Elementary School renovation and expansion project.

McMahon and Ginsberg of Summit Realty Ptrs. handle 1,810 s/f lease to Karma Nails Lounge

Merrimack, NH Summit Realty Partners, Inc. completed a lease transaction with Karma Nails Lounge which will open soon. Karma Nails Lounge has leased an 1,810 s/f retail space at 17-19 Premium Outlets Blvd.

Marcus Partners acquires two multifamily properties for
$35.8 million in a joint venture with the John M. Corcoran and Co.

Boston, MA Marcus Partners, a real estate investment, management and development firm, have completed the acquisition of 1943 Dorchester Ave. in Dorchester and 4236 Washington St. in Roslindale for $35.8 million. The two buildings, totaling 107 units, will be owned

Vidal/Wettenstein handles 5,456 s/f building lease

Stratford, CT The building at 740 Woodend Rd. has been leased to a Shelton-based company. LiveWire Sound and Image will be relocating their business to the building.

Project of the Month: MEDCOM and Dellbrook | JKS complete Cape Cod Hospital’s Behavioral Health Services Center

Hyannis, MA MEDCOM Architectural Group and Dellbrook | JKS completed the relocation of Cape Cod Hospital’s Behavioral Health Services Inpatient and Outpatient Center from a satellite building on campus to within the main hospital building.

TwentyTwenty: Now what? - by Carol Todreas

If in this new year of the new decade you are shaky about retail, you are right on. Headlines range from apocalypse to renaissance and everything in between. Be it AI technology, consumer demographics, or Amazon’s potential drone deliveries, it’s information overload and then what? Here is what is happening: 

Related Beal signs 269,000 s/f lease to Vertex Pharmaceuticals at Innovation Square

Boston, MA Related Beal has completed a 269,000 s/f lease with global biotechnology company Vertex Pharmaceuticals for 100% of the commercial space at Phase II of its Innovation Square (iSQ) development in Eastern Seaport.