In a low interest rate environment and with plenty of undeployed capital, private equity firms continue aggressive investments in commercial real estate assets. The real estate market in which these firms invest is facing a variety of challenges and opportunities given the ever-changing domestic
Braintree, MA According to The Peabody Companies, John McKee has been promoted to the position of vice president of operations, effective immediately. In this new position, McKee will continue to play a key role in fostering client relationships, developing new business opportunities
Concord, MA Middlesex Savings Bank and Margulies Perruzzi (MP) re-opened the bank’s newly renovated branch at 64 Main St. Located in the town’s historic district, the branch renovation focused on celebrating and honoring the historic interior
Providence, RI According to Residential Properties Ltd (RPL) 24 Intervale Rd. has sold for $1.2 million. The listing agent was sales associate Jim DeRentis, while the selling agent was sales associate Leslie Kellogg. Both are members of RPL’s Providence office.
Billerica, MA MANSARD has facilitated the sale of 95 Billerica Ave. for $3 million to AZAD Legacy Partners. MANSARD sold the property on behalf of Taurus Investment Holdings. Taurus acquired the property in 2008 through their opportunity program
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.
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.
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.
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.
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