Category: Owners Developers & Managers

Boston, MA On June 28, MPZ Development LLC (MPZ) was honored by Preservation Massachusetts with a 2024 Preservation Award for its project 34 East Springfield St., a 100% affordable apartment community for formerly homeless veterans located in the city’s South End. The annual Preservation Awards celebrate exemplary projects that made significant contributions to preserving historic resources

Astronomical pricing, high mortgage rates, and small inventory – just a few of the factors why many people are placing their dream of home ownership on the back burner and opting for multifamily housing.

As we prepare to observe Independence Day – a day commemorating the Declaration of Independence, which was ratified by the Second Continental Congress on July 4, 1776 – many HOA and condo residents across the country will display the American flag.

West Cambridge, MA The Davis Companies (Davis) has completed 101 Smith Pl., a class A life science and lab building encompassing 161,616 s/f. 101 Smith Pl. is the third building to deliver as part of The Quad Life Science campus, a 9.8-acre life science and advanced-manufacturing park.

Salem, NH Mike Reed, president of Stebbins Commercial Properties LLC, has completed the sale of the 7,500 s/f office building at 287 Lawrence Rd. from DOT CUBE LLC of Windham, NH, to World Mission Society Mission of God of New Windsor, NY.

Beverly, MA Jay Goldberg, president & owner of Spire Investments, continues to be active among both sellers and buyers on the North Shore. Recently, Steve Girolamo of Horvath & Tremblay brought an off-market buyer to purchase Spire Investment’s 21-unit multi-family property at 296-300 Washington St. in Salem, Mass. at a sale price of $5.325 million.

Ayer, MA Auburndale Realty Co., and Rob Nahigian, FRICS, SIOR, CRE, MCR have arranged the 10,000 s/f lease expansion of warehouse space at the Groton Ayer LLC facility, 95B Fitchburg Rd. The space was leased by Elliott Auto Supply Co. Inc.

Littleton, MA O’Brien Commercial Properties, Inc. brokers’ Eric O’Brien and Rob McGarry have sold 531 King St., consisting of six office condos, totaling 6,300 s/f on 1.75 acres of land.

Nashua, NH Downtown Realty has completed the successful closing of the Lake Street Apartments, located at 87-89 Lake St. for $4.4 million in June of 2024. Matthew Lefebvre represented

Cambridge, MA According to Shawmut Design and Construction, a $1.6 billion national construction management firm, construction is underway on the new home for the American Repertory Theater