Front Section

Gilkie of R.W. Holmes handles new
6,200 s/f lease at 2 Centennial Dr.

Peabody, MA R.W. Holmes, one of the largest commercial brokerage firms serving tenants and landlords in Massachusetts for more than 45 years, has completed a new 6,200 s/f office lease at 2 Centennial Dr.

Estes steps down at The Boulos Co. - Stephenson and Francombe promoted

Portland, ME After 21 years with The Boulos Company, Jessica Estes is moving on. Estes joined the company in 2003 and became president in 2022. Since 2008, she has held various management positions, overseeing significant advancements in the company’s technology, shareholder program, and broker support model.

Citizens presents $420,000 in financial empowerment grants to support 13 Massachusetts nonprofit organizations

Boston, MA In recognition of Financial Literacy Month, Citizens announced $420,000 in financial empowerment grants to support 13 Massachusetts nonprofit organizations as part of the bank’s Citizens Helping Citizens Manage Money program. Through funding and volunteerism, Citizens will support local financial literacy partners that provide training

Marcus & Millichap expands Institutional Property Advisors division across North America

Boston, MA Marcus & Millichap, a leading commercial real estate (CRE) brokerage firm specializing in investment sales, financing, research and advisory services, continues to build its senior-level broker and financing professional hiring momentum across its Institutional Property Advisors (IPA), multihousing, retail, and capital markets divisions.

MassDevelopment issues $400m bond
to Beth Israel Lahey Health

Boston, MA MassDevelopment has issued a $400 million tax-exempt bond on behalf of Beth Israel Lahey Health, Inc. (BILH), which is using proceeds to buy, build, expand, remodel, and renovate facilities at multiple locations across its health care system, including the Klarman Building at Beth Israel Deaconess Medical Center.

Peabody Properties receives award from Bedford VA

Bedford, MA Peabody Properties has received a Friends of Social Work Award from the Bedford Veteran’s Affairs Healthcare System’s HUD-VASH Project Based Enhanced Services program. The Friends of Social Work Award recognizes the outstanding contributions of social workers within the HUD-VASH (Housing and Urban Development-Veterans Affairs Supportive Housing) program at the Bedford VA.

The John Flatley Company adds four tenants
to roster at Nashua Technology Park totaling 44,450 s/f

Nashua, NH The John Flatley Company added four new tenant firms totaling more than 44,450 s/f to its Nashua Technology Park. Rocketdrop, a provider of consumer electronics and distribution solutions, and NewEdge Signal Solutions, a provider in high efficiency systems

The Stubblebine Company arranges $3.075 million sale of 10,788 s/f industrial property to Alterra Property Group, LLC

Seekonk, MA The Stubblebine Company/CORFAC International brokered the sale of 45 Industrial Ct. for $3.075 million. Situated off Rte.6 and four miles east of Providence, this property comprises two buildings totaling 10,788 s/f on 4.5 fenced and paved acres.

City Realty Group acquires 5.34-acre office park for $41 million - located at 1280-1330 Boylston St., Brookline, MA

Brookline, MA City Realty Group has acquired 1280-1330 Boylston St. for $41 million. This 5.34-acre site located on Boylston St. (Rte. 9) on the Newton border represents one of the town’s most significant mixed-use development opportunities in decades. The site is home to the Chestnut Hill

$2 million gift from Cummings Foundation to help
Regis College combat nursing shortage

Woburn, MA Cummings Foundation, the nonprofit affiliate of commercial real estate firm Cummings Properties, has pledged $2 million to Regis College. This gift will fund the Carol A. Donovan Endowed Dean of Nursing as well as a future health care clinic in town. A 1959 Regis alumna,