Newmark promotes Berthelette to head of national life science research

Boston, MA Newmark has promoted Elizabeth Berthelette, CRE, expanding her oversight to the newly created head of national life science research role. Reporting to executive managing director of national research Jonathan Mazur, Berthelette will collaborate with research along with capital markets and brokerage professionals

Avison Young appoints Klaff as U.S. president

Washington, DC Avison Young said that Harry Klaff will transition to the role of U.S. president. Klaff’s deep industry knowledge within the firm and the commercial real estate industry will position him to lead Avison Young’s U.S. team, working closely with the firm’s CEO, principals, and executive team.

Horvath & Tremblay sells $2.774 million Walgreens at 525 Boston Post Rd. E, Marlborough, MA

Marlborough, MA Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of Walgreens (leasehold interest). Horvath & Tremblay exclusively represented the seller and procured the buyer to complete this transaction

Calnan of J. Calnan & Associates honored as EY Entrepreneur of the Year 2023

Quincy, MA Jay Calnan, chief executive officer of J. Calnan & Associates (JC&A), has been named the EY Entrepreneur of the Year for 2023. The independent panel of judges recognized Calnan’s entrepreneurial spirit, long-term value creation, purpose-driven approach, growth, and impact in his field.

Maugel DeStefano Architects and Green Leaf Construction complete 4,200 s/f medical office for Orthopedic Affiliates

Hudson, MA Maugel DeStefano Architects has completed a design-build with Green Leaf Construction for the 4,200 s/f medical office suite for Orthopedic Affiliates, a joint and sports medicine center, and Achieve Physical Therapy, specialists in the advanced treatment of orthopedic and sport injuries.

R.W. Holmes leases 11,988 s/f at 320 Norwood Park South

Norwood, MA R.W. Holmes completed a 11,988 s/f lease to Gentex at 320 Norwood Park South. Last year, R.W. Holmes negotiated the purchase of 320 Norwood Park South to Brave Dog Properties, and serves as the exclusive leasing agent for the 40,000 s/f flex building.

The Cleanroom Contracting division of Performance Contracting, Inc. announces New England office opening

Holliston, MA As a national leader in specialty contracting for cleanroom construction for 60 years, The Cleanroom Contracting division of Performance Contracting, Inc. (PCI) has announced the opening of its New England office

Atlantic Retail sells 65 – 75 Mystic Ave

Somerville, MA Atlantic Retail has announced the sale of 65-75 Mystic Ave in Somerville, MA. The 11.5 acre property inclusive of Home Depot is located in the Assembly Square neighborhood which has rapidly densified in the past decade

Everest of Nordlund Associates negotiates $4.6m sale of 226 Andover St. - sold to Andover St Realty Holdings LLC

Wilmington, MA Chris Everest of Nordlund Associates Inc. negotiated the sale of 226 Andover St., a 20,704 s/f industrial / flex building. The property sold for $4.6 million. The buyer was Andover St Realty Holdings LLC and the seller was 226 Andover Street LLC. Nordlund Associates was the sole broker. 

Drinkwater, Richard and Pierce of Marcus & Millichap handle $21.5m sale of Legacy Place Apartments

Lawrence, MA Marcus & Millichap completed the sale of Legacy Place Apartments, a 104-unit apartment property. The asset sold for $21.5 million. Laurie Ann Drinkwater, CCIM, Seth Richard, and Matthew Pierce, investment specialists in Marcus & Millichap’s Boston and Manhattan offices, had the exclusive listing to market the property on behalf of the seller and secured the regional buyer.