Front Section

Marcus & Millichap co-founder Marcus recognized with Lifetime Achievement Award

Boston, MA According to Marcus & Millichap, George Marcus, co-founder and chairman of both MMI and the private company, Marcus & Millichap Co., was recognized with a Lifetime Achievement Award on May 3rd at Hotel Indigo in Los Angeles. The recognition was presented by Connect Commercial Real Estate.

National Development begins construction of new 210,600 s/f logistics facility; Cranshaw serves as GC

West Bridgewater, MA National Development, a leading vertically integrated real estate investment and development firm, has closed on the acquisition of a 20-acre parcel located at 586 Manley St. and has commenced construction on a 210,600 s/f class A logistics facility.  The building is expected to be able to accommodate tenants for occupancy in April of 2024.

Plourde joins The Dunham Group

Portland, ME According to The Dunham Group, Bryan Plourde has joined the firm as a broker/sales agent. Having spent the last 10 years as a commercial real estate appraiser at Maine Valuation Co., Plourde brings an invaluable skill set to the firm. With a decade of experience appraising over $1 billion and 5 million s/f of commercial real estate in Maine, he has a keen insight into all sectors.

Union plumbers and contractors urge Beacon Hill lawmakers to protect state plumbing code and build partnerships on green energy transition

Boston, MA Union plumbers, contractors and industry leaders rallied at the State House to advocate for protecting the state’s plumbing codes, build partnerships on green energy transition and petition legislators on other key safety and regulatory issues impacting the industry.

R.W. Holmes: As office leasing velocity slows down, subleasing hits smaller companies in Greater Boston

Wayland, MA R.W. Holmes, one of the largest commercial brokerage firms serving tenants and landlords in Massachusetts for more than 45 years, released its first quarter market report and forecasts for 2023. The report shows a growing discrepancy in the market between the continued success of industrial product and slowing office activity. 

MountainOne’s Harris is promoted to vice president, credit administration manager

Quincy, MA MountainOne Bank has appointed Marie Harris as vice president, credit administration manager. In this position, Harris oversees all aspects of the credit administration department, including commercial loan underwriting, portfolio review and monitoring, as well as

Pentore, Friedel and Klockner of Marcus & Millichap broker sale of 385 Main Street - 28-unit apartment property

Hartford, CT Marcus & Millichap has sold a 28-unit apartment property. “Multifamily product in downtown Hartford has outperformed expectations. 385 Main, a well-located asset within the Central Business District with historical significance and outstanding curb appeal, will benefit from this positive momentum,” said Eric Pentore, senior vice president investments.

Stejskal of The Peabody Companies participates in CREW panel discussion

Braintree, MA Megan Stejskal, director of compliance at The Peabody Companies, participated in a recent virtual panel discussion on Affirmative Fair Housing compliance presented by the Boston chapter of Commercial Real Estate Women (CREW). Stejskal addressed the Affordable Fair Housing Marketing Plans and Tenant Selection Plans during the March 30th panel discussion at the CREW Housing and Community Development Committee virtual event.

The Stubblebine Company arranges $12.4m sale of 101-107 Scott Dr. to NE Wire Products

Leominster, MA David Stubblebine and James Stubblebine, principals of The Stubblebine Company/CORFAC International, coordinated the sale of 101-107 Scott Dr. between HK Shah LLC & RNP Shah LLC, the seller, and New England Wire Products, the buyer. The sale price was $12.4 million. 

Gray, Gray & Gray ranks 7th largest independent accounting firm in New England

Canton, MA Gray, Gray & Gray, LLP has been ranked as the seventh largest independent accounting firm in New England by Accounting Today, the accounting industry’s foremost publication. Gray, Gray & Gray’s annual revenue of $29.5 million represents a rate of growth of almost 10 percent over the previous year.