Keliher of Mainsail Management begins construction on two apartment projects

Dorchester, MA Jim Keliher, president of Mainsail Management has started the construction of 21 apartments located at 69 Bailey St. in the Ashmont area. 

Shawmut Design and Construction breaks ground
on Hardy Elementary School - 80,000 s/f, $72.5m project

Wellesley, MA Shawmut Design and Construction broke ground on the new 80,000 s/f Hardy Elementary School. Replacing a century-old facility, the new building will create a purpose-built, net-zero-ready, next-generation school designed with a focus on innovative learning for students across grades K-5.

SALMON Health and Retirement chief future officer joins MassDev. board

Boston, MA SALMON Health and Retirement’s chief future officer and third-generation owner, Andrew Salmon, has been appointed to the board of directors of MassDevelopment. MassDevelopment,  the state’s development finance agency and land bank, works with businesses, nonprofits, and banks to stimulate economic growth.

A.W. Perry recognizes facilities team for
80 years of service to the company

Boston, MA A.W. Perry recognizes Tom McLaughlin, Tom Leary, Steve DiPersio, Nick Bernard, Mark Scolponeti, Jose Lantigua, Jim Lannon, Cederik Arias, and Ulises Hernandez from its facilities team, spanning A.W. Perry’s Boston, South Shore, and North Shore property portfolio.

Spire Investments acquires 85-89 Cabot Street for $1.4 million

Beverly, MA Spire Investments has just completed the purchase of 85-89 Cabot St. The three-story brick building consists of six apartment units with a unit mix of one and two bedrooms. “At a purchase price of $1.4 million, this is another excellent asset to add to our portfolio,” said Jay Goldberg, owner and president of Spire Investments.

Pearce Real Estate celebrates 65 years of business and charitable giving

North Haven, CT Pearce Real Estate is celebrating 65 years of business, serving the needs of residential and commercial clients. The Pearce brand of service extends to the community at large, supporting dozens of local charitable organizations, which the company has done since its founding in 1958.

DiPrete Engineering promotes Carr, Burnett and Guglielmo to principals

Cranston, RI DiPrete Engineering has promoted Brandon Carr, PE, LEED AP, Gregg Burnett and Sheryl Guglielmo to principals at the firm. Carr has been an integral part of the DiPrete team for 15 years and has played a significant role in client development and project success. In his new role, Brandon will be responsible for helping to shape the overall direction of the firm to bring greater value to our clients and team members.

JLL arranges $750 million construction loan for first phase of Enterprise Research Campus - a 900,000 s/f mixed-use development near Harvard

Allston, MA JLL’s Capital Markets group has arranged a $750 million construction loan for the first phase of the Enterprise Research Campus, a 900,000 s/f, mixed-use development located near Harvard University. The $750 million loan represents one of the country’s largest construction loans closed year-to-date 2023.

Kelleher and Pentore of Horvath & Tremblay broker $4 million sale

Chelsea, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of 268 & 278-280 Washington Ave., a 16-unit apartment building with a parking lot for $4 million. Kelleher and Pentore exclusively represented the seller, Hhc One Massasoit, LLC and procured the buyer, Broadway Capital.

Bartholomew of R.W. Holmes handles 23,390 s/f industrial lease

Lancaster, MA R.W. Holmes has facilitated a new 23,390 s/f industrial lease. F&M Tool and Die, a highly experienced machine shop specializing in mold making, mold maintenance, and mold repair in central Massachusetts, has secured a lease for 851 Sterling Rd.