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Pearce Real Estate donation of 25 Thanksgiving baskets

North Haven, CT Pearce Real Estate has contributed to the community through the creation and donation of 25 Thanksgiving holiday baskets. In the spirit of giving, these “baskets” are foil roasting pans wrapped and filled with essential Thanksgiving staples, accompanied by a grocery gift card to purchase a turkey.

Peabody Properties holds grand reopening of The Falls at 124 Water after $25 million renovation

Leominster, MA Peabody Properties, an affiliate of the Peabody Companies, a group of property management and real estate firms, held the grand reopening of The Falls at 124 Water (formerly Whitney Carriage Park).

JLL Capital Markets closes $9.6 million sale-leaseback of 113,000 s/f industrial building

Gardner, MA JLL Capital Markets has closed the $9.6 million sale-leaseback of 77 Industrial Rowe, a 113,000 s/f industrial building. JLL represented the seller, Garlock Flexibles, a portfolio company of Astara Capital Partners, in the sale to Philadelphia-based Valley Forge Private Equity.

Ligotti, Redeker and McGranaghan of Boston City Group, Inc. handle sale of 18-unit multifamily portfolio for $4.635m

Plymouth, MA An 18-unit multifamily portfolio comprised of four buildings on 18-22 Forest Ave. Court, and 40 Bourne St., was sold on November 7, 2023, for $4.635 million. Caroline Ligotti, Linda Redeker and Emily McGranaghan of Boston City Group, Inc. at Coldwell Banker Commercial

Geenty Group brokers 21,800 s/f office/industrial lease to TeraDAR

Guilford, CT The Geenty Group, Realtors negotiated a 10-year lease of 21,800 s/f of office/industrial space at 1 Shoreline Dr. to TeraDAR, Inc. Matthew Carey is the president of TeraDAR, which will use the space for the assembly and testing of specialty items

Coastal Commercial Real Estate negotiates sale of 2,680 s/f mixed-use building

New Bedford, MA Coastal Commercial Real Estate brokered the sale of the historic Eldridge & Lombard office building located at 67 Allen St. The 2,680 s/f mixed-use building is situated close to downtown and St. Luke’s Hospital at the corner of Allen and County St.

One Circle Co. purchases former Keystone building from MassDevelopment

New Bedford, MA One Circle Co. has executed a purchase and sale agreement with MassDevelopment to buy 193-197 Union St., the site of the former Keystone building. One Circle Co. is proposing a mixed-use development at the site featuring 45 units of market-rate rental housing and 2,500 s/f of ground-floor commercial space.

Downes Construction Company and D’Amato
Construction finalize $31 million project at Bristol City Hall

Bristol, CT Downes Construction Company has completed renovations to Bristol City Hall. The city held a rededication ceremony for the newly renovated Bristol City Hall on October 22nd. Downes’ president David Patrick and vice president of operations Thomas Romagnoli attended the ceremony to share in the celebration with members of the city.

Suffolk hosts Boston high school students during Mass. STEM Week

Boston, MA Suffolk, one of the largest and most innovative real estate and construction enterprises in the country, hosted students from four city high schools at its headquarters in Roxbury during Massachusetts STEM Week for a day of learning about the role of STEM in the construction industry today.

Mailhoit joins Hancock as accounting manager

Danvers, MA Susan Mailhoit has joined Hancock Associates as accounting manager. Mailhoit has over 30 years of accounting and financial experience in diverse industries including construction, real estate and manufacturing. Prior to joining Hancock, she was finance manager at a local residential development company and was the owner/founder of SDM Financial Services.