Category: Massachusetts

Rockland, MA DMG Brokerage completed thel sale of 55 Accord Park Dr. for $2.7 million. The 26,000 s/f commercial property presented a unique marketing challenge due to its 60% vacancy and site restrictions that limited potential redevelopment options.

Haverhill, MA North Shore Realty Advisors, Inc. has compelted sale of The Emerson Apartments, a newly constructed 24-unit multifamily property located at 66 Emerson St.

Lancaster, MA According to the Healey-Driscoll Administration, the Division of Capital Asset Management and Maintenance (DCAMM) has released a Request for Proposals seeking a developer to transform the 72-acre former Lancaster Industrial School for Girls property into a new, walkable neighborhood with at least 288 homes.

Beverly, MA Connolly Brothers Inc. completed a 3,947 s/f renovation and 507 s/f addition for The Lodge at Endicott College. The Lodge is one of Endicott College’s on-campus dining venues, offering students a casual, relaxed, retail-style dining option and lounge.

Easton, MA North Easton Savings Bank (NESB) has completed the closing of a $15.2 million financing for Salisbury Cultivation and Product Manufacturing, LLC, doing business as Root & Bloom and Road Trip.

Canton, MA Northeast Private Client Group (NPCG) has finalized the $6.7 million sale of 40 Ames Ave. Senior associate Jim Casey represented the seller and procured the buyer in the transaction.

Boston, MA JLL’s Capital Markets group has advised Millennium Partners on the $281 million financing for The Millennium Residences and the $575 million loan for The Offices at Winthrop Center.

Beverly, MA Construction Management & Builders, Inc. (CM&B) has formed its Executive Management Team, a leadership group tasked with overseeing the company’s daily operations and supporting its continued growth. The team brings together senior leaders with decades of experience across operations, project delivery, client service, legal and risk management.

This shift from transaction-driven to release-driven regulation is already influencing how buyers, sellers, and developers evaluate environmental risk. Under the CPTP framework, environmental obligations were often triggered solely because a qualifying property changed ownership. The result was that many transactions became bogged down by environmental compliance requirements that had little relationship to current environmental risks.

Stoneham, MA The Devon at Weiss Farm, a 259-unit multifamily LEED Silver rated project, located on an expansive 25-acre site is now complete and moving toward 100% occupancy.

Marlborough, MA Construction is underway on the 80,000 s/f interior renovation of Advocates, Inc.’s new headquarters and training center at 251 Locke Dr. Managed by Related Beal on behalf of building owner Boston Andes Capital, the renovation will transform the existing office building into a modern workplace that supports Advocates’ expanding operations, strengthens collaboration. The project was designed by Maugel DeStefano Architects.

North Reading, MA Columbia has  promoted of Ryan Varney to general superintendent, a move intended to strengthen connections between the firm’s field teams and its office staff, and to promote opportunity, growth, and mentorship for field personnel.