Category: Massachusetts

Boston, MA Lincoln Property Company (“Lincoln”), a global, full-service real estate firm, has appointed John Dolan as managing director of New England Brokerage. This strategic hire reinforces Lincoln’s commitment to expanding its brokerage services in the region.

Lowell, MA Moore Commercial Real Estate, Inc. has sold a mix-use property at 16 & 26 South St. for $1.675 million. The property was built in 2018 with a land area totaling 4,165 s/f or .09 acres and a building area totaling 4,680 s/f with an additional 1,560 s/f of basement space.

Waltham, MA Cushman & Wakefield arranged a 31,518 s/f lease for Cogent Biosciences, Inc. at 180 CityPoint, a premier Class A office and life sciences building owned and operated by BXP. Cogent’s new space will serve as the company’s brand-new corporate headquarters,

Mansfield, MA Hunneman brokered a 96,000 s/f lease for U.S. Lumber, one of the largest, privately held distributors of specialty building material, at Oliver Street Capital’s Francis Logistics Center. U.S. Lumber will also have access to nine acres of outdoor storage in addition to the warehouse space.

Rockland, MA Acella Construction Corp., a leader in construction management throughout greater Boston, has launched a refreshed brand identity following a recent change in ownership. The rebranding initiative reflects the company’s renewed strategic vision, emphasizing innovation, client collaboration,

Across markets and cycle after cycle, multifamily operators are confronting familiar headwinds: faster lease turnover, flattened rent growth, and underutilized amenities. But fresh survey data from Elite Wellness Amenity Group (EWAG) reveals a powerful insight that flips the script – 76 percent of residents say gym and fitness options contribute most to their lifestyle value.

Boston, MA JLL Capital Markets has arranged $8 million in financing for 15 Broad St., a 10-story, 75,000 s/f, “jewel box” office building in the city’s Financial District. JLL worked on behalf of the borrower, Broder, to secure the five-year, fixed-rate loan through MountainOne Bank.

Framingham, MA Atlantic Capital Partners has finalized the sale of Lowe’s. The asset, which traded for $32.6 million, is part of a quadrant including Stop & Shop, Target and BJ’s Wholesale Club, which provides daily traffic to this market, evidenced by the 25,953 VPD on Rte. 30.

Devens, MA Cushman & Wakefield has arranged $52.8 million in acquisition financing for 117 Hospital Rd., a 165,335 s/f advanced manufacturing facility. The financing was secured on behalf of the borrowers, Pivotal Manufacturing Partners and Declaration Partners. The five-year, fixed-rate loan was provided by Goldman Sachs.

Boston, MA According to MassDevelopment, Kathleen McGilvray will join the agency later this month as executive vice president of finance programs. In this role, McGilvray will oversee MassDevelopment’s finance programs division – which includes investment banking,

Weymouth, MA MountainOne has appointed Thomas Osuch as vice president, commercial loan officer. Osuch joins MountainOne Bank with more than 18 years of experience in commercial banking. In his role, Osuch’s primary focus will be to manage a growing loan portfolio,

Methuen, MA Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $5 million in financing for a 30-unit multifamily property located at 11 Ashton Place.