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King Street Properties and Healthpeak Properties celebrate opening of 101 Cambridgepark Dr.
Cambridge, MA King Street Properties (King Street) and Healthpeak Properties celebrated the grand opening of its new life science facility at 101 Cambridgepark Dr. The 160,000 s/f laboratory property was developed by King Street in the premier life science cluster.Aho of Aho Properties completes three sales totaling $1.745 million
Fitchburg, MA Joel Aho, president of Aho Properties completed three deals recently. Aho represented ownership in the sale of a 7,200 s/f industrial/auto building on 0.39 acres at 41 Summit St. for $550,000. Aho also procured the buyer directly in an off-market transaction.NAI Glickman Kovago & Jacobs handles $775,000 land sale
Worcester, MA Pizzarella Irrevocable Trust recently sold a 4.5-acre lot to 1059 Grafton Street LLC, that will be improving it with a car wash, including 4,000 s/f of building and a 120 foot tunnel at 1059 Grafton St. Pizzarella Irrevocable Trust was represented by NAI Glickman Kovago & Jacobs vice president, Jeff Borus.Industrial: The mark to market investment strategy - by Harrison Klein
Why are institutions buying industrial buildings at extremely aggressive cap rates? It’s all about the opportunity to move the low in-place rents up to market. This is known as a “mark to market” opportunity. While office and retail rents generally sit at or above market, industrial rents are commonly 10%-50% below market.PLA! unveils lineup for summer networking event series
Boston, MA Professional Ladies Association (PLA!) Boston has presented an impressive summer networking event series. Following a highly successful year of events, PLA! is proud to bring back the “Sip & Swing” series which started in June. Additional dates include July 26th, and September 13th at Quincy’s renowned Granite Links Country Club.Willamette Management Associates, a Citizens company, adds new Boston office - names Bello as managing director
Boston, MA According to Willamette Management Associates, a Citizens company, Marc Bello has joined the firm as a managing director. He will lead Willamette’s new Boston office. Bello’s professional expertise centers in the areas of business valuation, forensic accounting and financial consulting services dealing with complex compensation and taxation issues.Shawmut Design and Construction completes renovation of Four Seasons Hotel Boston public spaces and amenities
Boston, MA Shawmut Design and Construction, a leading $1.3 billion national construction management firm, announced the completion of the public spaces renovation at the Four Seasons Hotel Boston at 200 Boylston St. The transformation includes a new restaurantThe Hamilton Company receives support from local residents for One Union Square development
Somerville, MA The Hamilton Company received encouragement by supportive public comments and the overall response from local residents at a May 18 city-sponsored public hearing to discuss the company’s One Union Square development.