Category: Owners Developers & Managers

IREM President’s Message: Fostering community connections during the holiday season

IREM President’s Message: Fostering community connections during the holiday season

November 1, 2024
The holidays are again taking center stage, and with them comes an opportunity for multifamily communities to connect with the businesses and organizations in their cities and towns, fostering a sense of unity and generosity during this giving season
Navigating the insurance crisis: Challenges and solutions for community associations - by Dawn Bauman

Navigating the insurance crisis: Challenges and solutions for community associations - by Dawn Bauma...

November 1, 2024
The growing insurance crisis continues to put pressure on community associations, particularly condominiums and housing cooperatives. Across the nation, community associations are facing the real challenges of rising insurance premiums, policy cancellations, increasing deductibles, and diminishing coverage options.
The fall season marks the return of IFMA Boston events

The fall season marks the return of IFMA Boston events

November 1, 2024
Boston, MA The fall season always marks the return of IFMA Boston events, and this year is no different. Registration is now open for IFMA Boston’s FMForward Deep Dive 2024. The FMForward Deep Dive 2024 Conference will be held on November 19th at the Babson Executive Conference Center in Wellesley, Mass.
Atlantic Property Management moves into Connecticut with 172,000 s/f assignment

Atlantic Property Management moves into Connecticut with 172,000 s/f assignment

November 1, 2024
Groton, CT According to Atlantic Property Management, The Sigmund Companies has selected the company to manage a premier 172,000 s/f retail property. Known for its expertise in commercial property management across
Freudenheim Partners and Newmark facilitate 9,271 s/f lease for Berklee at 699 Boylston St.

Freudenheim Partners and Newmark facilitate 9,271 s/f lease for Berklee at 699 Boylston St.

October 25, 2024
Boston, MA Freudenheim Partners has facilitated a lease on behalf of Berklee. The renowned institution has secured a retail and office space spanning 9,271 s/f at 699 Boylston St., located in Back Bay. This street-level space, formerly occupied by TB12, features first-floor
North Shore Realty Advisors, Inc. handles $7.85 million portfolio sale - purchased by Zanzibar Capital and sold by United Properties

North Shore Realty Advisors, Inc. handles $7.85 million portfolio sale - purchased by Zanzibar Capit...

October 25, 2024
Everett, MA North Shore Realty Advisors Inc. has completed the sale of a 27-unit portfolio purchased by Zanzibar Capital and sold by United Properties for the total sale price of $7.85 million.
The Davis Companies arranges 32,493 s/f industrial lease at Upton Crossing

The Davis Companies arranges 32,493 s/f industrial lease at Upton Crossing

October 25, 2024
Wilmington, MA The Davis Companies (Davis) has entered into a 10-year lease agreement with a confidential snack food company at Upton Crossing, a newly developed industrial campus located at 38 Upton Dr. The company will occupy 32,493 s/f of industrial space beginning in Q1 of 2025.
R.W. Holmes facilitated 6,614 s/f lease for Neo Virtus Engineering at 305 Foster St., Littleton, MA

R.W. Holmes facilitated 6,614 s/f lease for Neo Virtus Engineering at 305 Foster St., Littleton, MA

October 25, 2024
Littleton, MA R.W. Holmes has facilitated a 6,614 s/f flex lease for Neo Virtus Engineering at 305 Foster St. Bradley Sampson, associate at R.W. Holmes, represented Neo Virtus Engineering as the tenant. The landlord, Apex Properties,
VMD Companies, LLC sells 93,100 s/f industrial <br>property for $17.3 million to Seyon Group

VMD Companies, LLC sells 93,100 s/f industrial
property for $17.3 million to Seyon Group

October 25, 2024
Avon, MA VMD Companies, LLC has sold 40 Strafello Dr., a 93,100 s/f industrial building on 6.23 acres in Avon Industrial Park, for $17.3 million. At a time in the market when commercial buildings, many with significant vacancy in the wake of the pandemic, are selling for less than they were purchased for only a few years ago,
O’Brien and DeWolfe of Greater Boston Commercial Properties handle $1.5 million sale

O’Brien and DeWolfe of Greater Boston Commercial Properties handle $1.5 million sale

October 25, 2024
Franklin, MA Bret O’Brien and Tyler DeWolfe of Greater Boston Commercial Properties, Inc. represented the seller. The five-acre site included the 100,000 s/f Franklin Mill Complex, which consisted of five buildings
Aho Properties sells 9.63 acres for $4.2 million

Aho Properties sells 9.63 acres for $4.2 million

October 25, 2024
Westborough, MA Joel Aho, president of Aho Properties, LLC, represented the buyer in the purchase of 161 Milk St. and 220 Turnpike Rd. The two parcels combined total 9.63 acres
Marcus & Millichap brokers  $3.995m multifamily portfolio sale

Marcus & Millichap brokers $3.995m multifamily portfolio sale

October 25, 2024
Boston, MA Marcus & Millichap completed the sale of the Fuller St. portfolio, a 12-unit multifamily portfolio in the Dorchester neighborhood, for $3.995 million. The portfolio, located at 46-48 and 301-305 Fuller St., is comprised of two six-unit buildings and a vacant buildable lot.