Category: Massachusetts

Lawrence, MA According to NAI | Parsons Commercial Group | Boston, Stephen Gould, a global provider of custom product solutions and supply chain management services, has signed a lease for 9,893 s/f at 282 Merrimack St. within the Riverwalk Innovation District.

Wilmington, MA Bob Horvath, Todd Tremblay and Jack Laurendeau of Horvath & Tremblay have completed the sale of a two-tenant plaza leased to Chase Bank and Chipotle. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $6,983,421.

Leominster, MA Marcus & Millichap completed the sale of 44 Mead St., a 62,259-s/f, eight-tenant industrial property, for $4 million. Klein represented the seller, a private investor. The buyer, The Lexvest Group, was represented by Nate Nickerson of Fieldstone Commercial.

Wilmington, MA In a transaction arranged by CBRE, BRUNT Workwear, a rapidly expanding Massachusetts-based work boot and apparel company, has committed to 56,000 s/f of R&D, warehouse, and office space at 301 Ballardvale St. BRUNT will relocate its company headquarters to occupy part of the 126,000 s/f advanced manufacturing facility owned by Camber Development and GEM Realty Capital.

Boston, MA Newmark has hired Steve Purpura, a leading force in the city’s rise to nationwide life sciences prominence, as executive vice chairman. Purpura brings more than 30 years of experience advising owners, developers and occupiers across office and life sciences real estate,

Brewster, MA Wingate Living, a family-run organization offering a full continuum of services from independent and assisted living to memory care, skilled nursing and home care, has completed the acquisition of Wingate Residences at Pleasant Bay, a 59-apartment independent and assisted living community.

Norwell, MA South Shore Habitat for Humanity, which has delivered quality housing in partnership with families in need for the past 40 years, has received a generous donation of electrical supplies from Granite City Electric for its local homebuilding project on Plymouth St., in Abington, Mass.

Boston, MA The Davis Companies (Davis) have closed on the disposition of two self-storage facilities operated by Extra Space Storage, located at 235 North Beacon St. and 970 Fellsway in Medford, MA respectively. The properties were sold to a joint venture between Invesco Real Estate and Baranof Holdings.

Dorchester, MA According to The Peabody Companies, Columbia-Uphams Apartments has achieved Enterprise Green Communities (EGC) certification. The national green building standard prioritizes resident well-being, long-term sustainability, and neighborhood impact alongside energy efficiency and building performance.

Affordable housing projects are inherently complex. Layered funding, tight margins, and strict timelines leave little room for error. When federal funding triggers Build America, Buy America (BABA) requirements, complexity increases – but that doesn’t have to stop a project.

Boston, MA Governor Maura Healey announced funding from two programs to jumpstart housing production across the state – approximately $8.4 million from the new Commercial Conversion Tax Credit Initiative (CCTCI) to help communities transform empty or rundown commercial buildings into new homes and $139.5 million in low-income housing tax credits and subsidies

Framingham, MA Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $10.5 million in financing for the acquisition of Arlington Commons, a 54-unit multifamily property located at 77-79 Arlington St.