Front Section

Combined Properties, Inc. signs Converge to 76,771 s/f lease

Peabody, MA According to Combined Properties, Inc., Converge has renewed its lease at 4 Technology Dr., a first-class office/R&D building in Centennial Park. As part of its extension of lease, Converge added several thousand s/f and will now occupy 76,771 s/f.

JLL Capital Markets arranges $13m refinancing of 313 Washington St.

Newton, MA JLL Capital Markets has arranged a $13 million refinancing for 313 Washington Street, an 80,902 s/f office and retail building. JLL worked on behalf of the borrower, Grander Capital Partners, to secure the five-year, fixed-rate loan with Eastern Bank.

Nan Fung Life Sciences acquires 51 Sleeper St.

>Boston, MA Nan Fung Life Sciences Real Estate (NFLSRE) has acquired 51 Sleeper St. from Brookfield Properties. Located in the Seaport District, the 152,102 s/f, eight floor building’s sale price was not disclosed.

Corporate Environmental Advisors opens new downtown office at 200 Portland St.

Boston, MA Corporate Environmental Advisors (CEA) has opened a downtown office at 200 Portland St. to support the expansion of its environmental risk management (ERM) practice led by new hire Stephen Graham, PE, LSP, a seasoned professional with over 30 years of experience

The Stubblebine Co. completes three deals - including $2.225m sale

Billerica MA The Stubblebine Company/CORFAC International has completed multiple deals that include the following: Micah Stubblebine, principal of The Stubblebine Co. represented the seller, AMA Realty Trust, in the sale of 12 Dunham Rd. for $2.225 million.

Elaine Construction Company promotes Leonard to vice president of preconstruction and planning

Newton, MA Elaine Construction Company has promoted Kris Leonard to vice president of preconstruction and planning. Leonard joined Elaine Construction in 2012 as director of preconstruction and estimating, bringing with him decade’s long

New England Real Estate Journal hosts the Life Science & Healthcare Summit

Newton, MA The New England Real Estate Journal (NEREJ) held their Life Science & Healthcare Summit on February 13th at the Newton Marriott. Moderator of the 9 a.m. panel Brent Trethewey of Licata Risk Advisors began the discussion asking the panel about the recent growth of Life Science with the epicenter right here in Massachusetts, Cambridge having a dominant position but with high

Capital markets outlook: More investment product available - by Chris Paszyc

As we drop into the unknown of 2020, will the capital markets continue an impressive ten-year run, or will that unending flow of investor capital into commercial real estate (CRE) suddenly be turned off at the spigot? It is widely accepted that economic expansions end because of investor tolerance for risk, both real

RenuKrete now offering franchising opportunities in Massachusetts

Boston, MA RenuKrete is now offering franchising opportunities in Massachusetts. RenuKrete is a technology development company in the concrete flooring industry and is the developer of Engineered Concrete Flooring (ECF). ECF restores existing forlorn,

Ligotti, McGranaghan and Redeker of Boston City Group, Inc. sell 262-264 Friend St. for $4.5 million

Boston, MA 262-264 Friend St., a 14,316 s/f keystone building located in the center of the city near North Station, was sold for $4.5 million. Boston City Group, Inc.’s Caroline Ligotti, Emily McGranaghan and Linda Redeker represented the seller and procured the buyer