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Lila Delman Real Estate leads state with top sales in 2018 for 10th consecutive year

Narragansett, RI With $480,503,858 in total sales volume, Lila Delman Real Estate continued to lead the state with top sales in 2018, maintaining the highest market share and sold dollar volume for $1 million+ properties statewide. 2018 proudly marked Lila Delman’s 10th consecutive year as the statewide leader of sales over $1 million.

Washington Trust’s Commercial Real Estate Group provided $3.3m to 923 Boston Post Road Associates

Old Saybrook, CT Washington Trust’s Commercial Real Estate Group provided $3.3 million to 923 Boston Post Road Associates, LLC, for th...

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.

Newmark Knight Frank completes $71 million recapitalization for King Street Properties and The Carlyle Group

On behalf of King Street Properties and The Carlyle Group, vice chairman Edward Maher, executive managing director Matthew Pullen, managing director James Tribble and director Samantha Hallowell of NKF’s Boston Capital Markets team oversaw the recapitalization of the class A laboratory asset with HCP, Inc.

City of Marlborough commercial vacancy rates hit historic lows

Marlborough, MA More than 20 companies moved to or expanded in town in 2018, together occupying over 250,000 s/f of commercial space and creating upwards of 350 jobs. This is according to the Marlborough Economic Development Corp. (MEDC) 2018 Annual Report released at the organization’s annual board of directors meeting.

O’Brien and Gatti of Greater Boston Commercial Properties broker two building sale

Chelmsford, MA Bret O’Brien and Benjamin Gatti of Greater Boston Commercial Properties brokered the sale of two buildings to a single buyer. The properties located at 18 and 18A Alpha Rd. totaled 17,168 s/f and were purchased by the owner of Four Seasons Greenery.

Callahan, Whipple, Beaudry, Goldberg and Reardon of JLL represent Stantec in 46,668 s/f lease at 65 Network Dr.

Burlington, MA According to Nordblom Company and institutional investors advised by J.P. Morgan Asset Management, Stantec has signed a lease for 46,668 s/f of class A office space at 65 Network Dr. The second-floor space will serve as the new location of Stantec’s long-standing local operations

Haynes Group receives Best of South Easton Award

South Easton, MA Haynes Group has been selected for the 2018 Best of South Easton Award in the construction company category by the South Easton Award Program. Each year, the South Easton Award Program identifies companies that we believe have achieved exceptional marketing success

Brooks Properties signs Dana Farber Cancer Inst. to 48,325 s/f

Methuen, MA Brooks Properties of Salem, NH, signed a long-term lease with Dana-Farber Cancer Institute to occupy more than half of the 96,000 s/f building at 5 Branch St. As the Valley Office Park’s anchor tenant, Dana-Farber will be making a substantial investment to convert the existing office space into a cancer care center

C.E. Floyd Co. promotes four executives in MA and CT

Bedford, MA C.E. Floyd Co. has promoted Chuck Tobin to COO, Pete Doucet II to director of MA operations, and Jeff Palmer to director of CT operations. The company also transited Norm Fournier from VP of Mass. operations to the role of advisor.