Front Section

MassDevelopment issues $25 million tax-exempt
bond for Kingsley Montessori School, Inc.

Boston, MA MassDevelopment has issued a $25 million tax-exempt bond on behalf of the Kingsley Montessori School, Inc., which will use proceeds to buy 26 Exeter St., a space that currently houses the school’s kindergarten entry and elementary programs. Kingsley has leased this unit since 2005

Blackey of R.W. Holmes facilitates office/flex
building sale - $2.3 million

Natick, MA R.W. Holmes, a commercial brokerage firm serving tenants and landlords in Massachusetts for more than 45 years, has recently negotiated the sale of a boutique office/flex building. Located at 1 Tech Circle, the 5,871 s/f standalone office/flex/R&D building was sold

MPZ Development transforms BHA property
into affordable housing

Boston, MA Mayor Michelle Wu joined Boston Housing Authority administrator Kenzie Bok to welcome home the new residents and celebrate the opening of 34 East Springfield St., a 100% affordable veteran housing community located in the South End neighborhood.

Fulcrum completes the 9,000 s/f renovation project for UMass Chan-Lahey Regional Medical School Campus

Burlington, MA Fulcrum has completed the collaboration with Beth Israel Lahey Health (BILH) and E4H Environments for Health Architecture on the transformative UMass. Chan Lahey Medical School renovation project. This partnership reflects a shared commitment to advancing

McDonough named chief investment officer at Marcus Partners

Boston, MA According to Marcus Partners, Ryan McDonough has been named the firm’s chief investment officer. McDonough will lead the firm’s acquisition team in driving forward investment strategy and be deeply involved with portfolio construction.

Davis secures 111,119 s/f lease agreement
as anchor tenant at Upton Crossing

Wilmington, MA The Davis Companies (Davis) has entered into a lease agreement with a global medical device company as the first anchor tenant at Upton Crossing, a newly developed industrial campus located at 38 Upton Dr. The confidential medical device company, which is focused on acute critical care and related software

Nordlund Associates arranges three leases

Danvers, MA Nordlund Associates have facilitated three new leases at 99 and 199 Rosewood Dr. in Danvers as well as 8 Essex Center Dr. in Peabody, Mass. Nordlund represented the landlord in these lease negotiations, pleased to accommodate NorthEast Health Services LLC, Nice Family Health Services LLC, and Premier Solar LLC to the properties.

Carr Properties launches luxury private events platform - Carr + Events

Boston, MA Carr Properties (Carr), a hospitality-driven, privately held real estate investment trust, has launched Carr + Events - a private events platform aimed at maximizing the utilization of its trophy office spaces while delivering top-tier, customizable event space to the market.

AspenTech HQ with Cresa Boston named Suburban Office Deal of the Year

Bedford, MA Aspen Technology, Inc. headquarters project has been named the Suburban Office Deal of the Year by the Commercial Brokers Association. These annual achievement awards celebrate notable deals in Greater Boston that demonstrate creative thinking and achieve game-changing results for space users.

Pouladians of North Shore Realty Advisors sell 55 Broad St. Apartments

Lynn, MA North Shore Realty Advisors Inc. brokered the sale of 55 Broad St. Apartments.  This property has not been available for sale since 1975 when North Shore Realty’s client purchased the property from the developer. The brick garden style was built in 1974 consisting of 15,393 gross s/f and 14,226 rentable s/f.