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Where are the silver linings for the hotel business amid COVID-19? - by Jim Luchars

My last article for NEREJ in late February labeled corona virus as a “real concern” for New England hotels. Well, the past six months have felt like six years and, referencing my esteemed colleague Jim O’Connell’s analogy in his August article, the PAIN continues! The virus shut down travel and business activity in March and the hotel business has been one of the hardest hit economic sectors with travel grinding to a halt and millions of jobs lost.

Citizens advises BV Investment Partners on purchase of GlideFast Consulting and Pharicode

Boston, MA Citizens M&A Advisory served as the exclusive financial advisor to BV Investment Partners, a private equity firm focused on information and business services and communications industries, on its simultaneous acquisition of two ServiceNow consulting partners – GlideFast Consulting, a locally-based commercial partner, and Pharicode, a Huntsville-based government partner.

Azzur Group signs 50,300 s/f lease with Nordblom at 60 Blanchard

Burlington, MA Azzur Group, a leading solution provider dedicated to helping life science innovators start, scale and sustain their GxP organizations, entered a 12-year lease with Nordblom Company at 60 Blanchard Rd., and is poised to occupy the entire 50,300 s/f space by summer 2021. The building includes 650 ft. of Rte. 128 frontage, making it both highly visible and easily accessible.

Aron and Tully Stoll of Metrowest Commercial handle multiple sales

Framingham, MA Metrowest Commercial Real Estate brokers Marlene Aron and Cheryl Tully Stoll have completed several transactions. These include the sale of a 840 kW solar farm on 3.21 industrial zoned acres for $1.95 million. The property is located on Rte. 135 at 721 Waverly St. Aron, the lead broker for the transaction, will represent the new owners who will operate the solar farm and build a 100,000 s/f industrial building on the site.

Pierre joins Pearce Real Estate’s Milford office

Milford, CT According to Barbara Pearce, chair and CEO of Pearce Real Estate, Kimra Pierre has joined the local office as a residential sales associate. “We are excited to welcome Kimra into our Pearce Real Estate family and look forward to her having a very successful career with us,” said Pearce. “Kimra’s desire to expand into Connecticut shows she understands the dynamics of the current market and is now well-positioned to assist her New York Metro clients transition into residence in Connecticut.” 

Corporate liability: An intro. to causes of action - by Michael Brangwynne

This is the second article in a series on the circumstances that can give rise to a civil lawsuit. The first article in the series can be found on Fletcher Tilton’s website under ARTICLES and on the NEREJ website.  Corporate Liability Generally Before diving into a discussion of the most common causes of action - which are the combination of facts sufficient to justify a right to sue to obtain money, property, or the enforcement of a right against another party - it seems appropriate first to discuss corporate liability generally.

Senné brings 75-77 Inman St. to market

Cambridge, MA Light and bright are the guiding principles of 75-77 Inman St. From the sunny exteriors to the clean lines inside, these two newly renovated units are perfect for lovers of modern design. The city is often referred to as “The City of Squares.”

Colliers International completes $30 million sale of 3 Technology Drive

Peabody, MA Despite waning office activity around the greater Boston market, the industrial sector continues proving to be a shining light of positivity and momentum on both the leasing velocity and sales transaction fronts. In a transaction demonstrating that there may be more appetite for industrial product than current supply affords

R.W. Holmes brokers $7.4 million sale of 10 State St. in Woburn, MA

Woburn, MA Despite much of the real estate industry turning on its head due to COVID-19, R.W. Holmes is demonstrating there is still an appetite for acquisitions in the metro Boston market. One of R.W. Holmes’ most recent deals is the sale of 10 State St,, for $7.4 million

Greater Boston Commercial Properties brokers $5.65 million sale - Aho Properties, LLC procured the buyer Ciminelli Real Estate Corp

Northborough, MA Bret O’Brien of Greater Boston Commercial Properties, Inc. recently brokered the sale of 44 Bearfoot Rd. for $5.65 million