Davis secures 111,119 s/f lease agreement
as anchor tenant at Upton Crossing

Wilmington, MA The Davis Companies (Davis) has entered into a lease agreement with a global medical device company as the first anchor tenant at Upton Crossing, a newly developed industrial campus located at 38 Upton Dr. The confidential medical device company, which is focused on acute critical care and related software

Nordlund Associates arranges three leases

Danvers, MA Nordlund Associates have facilitated three new leases at 99 and 199 Rosewood Dr. in Danvers as well as 8 Essex Center Dr. in Peabody, Mass. Nordlund represented the landlord in these lease negotiations, pleased to accommodate NorthEast Health Services LLC, Nice Family Health Services LLC, and Premier Solar LLC to the properties.

Carr Properties launches luxury private events platform - Carr + Events

Boston, MA Carr Properties (Carr), a hospitality-driven, privately held real estate investment trust, has launched Carr + Events - a private events platform aimed at maximizing the utilization of its trophy office spaces while delivering top-tier, customizable event space to the market.

AspenTech HQ with Cresa Boston named Suburban Office Deal of the Year

Bedford, MA Aspen Technology, Inc. headquarters project has been named the Suburban Office Deal of the Year by the Commercial Brokers Association. These annual achievement awards celebrate notable deals in Greater Boston that demonstrate creative thinking and achieve game-changing results for space users.

Pouladians of North Shore Realty Advisors sell 55 Broad St. Apartments

Lynn, MA North Shore Realty Advisors Inc. brokered the sale of 55 Broad St. Apartments.  This property has not been available for sale since 1975 when North Shore Realty’s client purchased the property from the developer. The brick garden style was built in 1974 consisting of 15,393 gross s/f and 14,226 rentable s/f. 

Billerica honors Local 103 IBEW leaders
for 20 years of support

Billerica, MA Town resident and Local 103 IBEW business manager Lou Antonellis, and his brother, IBEW business agent Rich Antonellis, were honored by the select board for the electrical worker union’s 20-year support for the town, including the Billerica Holiday Festival

Griffith Pepdjonovic Group of Marcus & Millichap sell 17-units at 887 Varnum Ave., Lowell, MA

Lowell, MA Marcus & Millichap negotiated the sale of 887 Varnum Ave., a 17-unit multifamily property. The asset sold for $3.15 million. 887 Varnum Ave. is comprised of five studios and 12 two-bed/one-bath units featuring 25 parking spaces and on-site laundry.

Diamond of Cummings Properties leases 15,500 s/f to Type One Energy

Woburn, MA Type One Energy Group scaled up its greater Boston operation with a 15,500 s/f space at 299 Washington St., a building in Cummings Properties’ science and technology cluster. The cleantech firm had outgrown its previous facility, on Tyler St. in Somerville.

Mesa West Capital funds $81 million loan to refinance
289-unit Emblem 120 in Woburn, MA

Woburn, MA Mesa West Capital has provided a joint venture between affiliates of Toll Brothers, Inc. and Carlyle with an $81 million loan to refinance Emblem 120, a 289-unit mid-rise multifamily property.

Norton, Kelleher and Pentore of Horvath & Tremblay sell 36-unit Union Grove Apartments for $8.25 million

Methuen, MA Spencer Norton, Dennis Kelleher, and John Pentore of Horvath & Tremblay have completed the sale of the Union Grove Apartments. The trio represented the seller and procured the buyer to complete the transaction at a sale price of $8.25 million which represents $229,167 per unit and a 6.69% cap rate.