Category: Owners Developers & Managers

Griffith Pepdjonovic Group of Marcus & Millichap sell 17-units at 887 Varnum Ave., Lowell, MA

Griffith Pepdjonovic Group of Marcus & Millichap sell 17-units at 887 Varnum Ave., Lowell, MA

March 29, 2024
Lowell, MA Marcus & Millichap negotiated the sale of 887 Varnum Ave., a 17-unit multifamily property. The asset sold for $3.15 million. 887 Varnum Ave. is comprised of five studios and 12 two-bed/one-bath units featuring 25 parking spaces and on-site laundry.
Diamond of Cummings Properties leases 15,500 s/f to Type One Energy

Diamond of Cummings Properties leases 15,500 s/f to Type One Energy

March 29, 2024
Woburn, MA Type One Energy Group scaled up its greater Boston operation with a 15,500 s/f space at 299 Washington St., a building in Cummings Properties’ science and technology cluster. The cleantech firm had outgrown its previous facility, on Tyler St. in Somerville.
Mesa West Capital funds $81 million loan to refinance <br>289-unit Emblem 120 in Woburn, MA

Mesa West Capital funds $81 million loan to refinance
289-unit Emblem 120 in Woburn, MA

March 29, 2024
Woburn, MA Mesa West Capital has provided a joint venture between affiliates of Toll Brothers, Inc. and Carlyle with an $81 million loan to refinance Emblem 120, a 289-unit mid-rise multifamily property.
Norton, Kelleher and Pentore of Horvath & Tremblay sell 36-unit Union Grove Apartments for $8.25 million

Norton, Kelleher and Pentore of Horvath & Tremblay sell 36-unit Union Grove Apartments for $8.25 mil...

March 29, 2024
Methuen, MA Spencer Norton, Dennis Kelleher, and John Pentore of Horvath & Tremblay have completed the sale of the Union Grove Apartments. The trio represented the seller and procured the buyer to complete the transaction at a sale price of $8.25 million which represents $229,167 per unit and a 6.69% cap rate.
The Asian Real Estate Professional Association and The Counselors of Real Estate host joint program at Unispace

The Asian Real Estate Professional Association and The Counselors of Real Estate host joint program ...

March 29, 2024
Boston, MA The Asian Real Estate Professional Association (AREPA) and The Counselors of Real Estate (CRE) New England Chapter hosted a joint program “Why Life Science Real Estate Now?” on February 28th, at Unispace at 1 Post Office Sq. 37th floor.
West Shore hires six new key team members

West Shore hires six new key team members

March 29, 2024
Boston, MA West Shore, a fully integrated real estate firm with a specific focus on acquisition and management of multifamily assets, has added six key team members The recent hires include:
Saenz, Kirkland and Casey of Northeast Private Client Group sell Winn Street Office

Saenz, Kirkland and Casey of Northeast Private Client Group sell Winn Street Office

March 29, 2024
Woburn, MA Northeast Private Client Group (NPCG) sold Winn Street Office, a 26,960 s/f two-story brick building at 110 Winn St. Senior associate Francis Saenz, Drew Kirkland, and Jim Casey represented the seller
Ballum named construction director at  Habitat for Humanity Greater Plymouth

Ballum named construction director at Habitat for Humanity Greater Plymouth

March 29, 2024
Carver, MA Habitat for Humanity of Greater Plymouth (HFHGP) has appointed Doug Ballum as the organization’s new construction director. The role is a brand-new part-time position, created to expand the affordable home building capacity of the nonprofit
Walnista joins NAI Glickman Kovago & Jacobs as associate broker

Walnista joins NAI Glickman Kovago & Jacobs as associate broker

March 29, 2024
Worcester, MA Spencer Walnista joined NAI Glickman Kovago & Jacobs as an associate broker. With a background in internal audit at State Street and a finance degree from Fairfield University, Walnista brings expertise
Cavanagh to lead healthcare & sciences studio at Maugel DeStefano Architects

Cavanagh to lead healthcare & sciences studio at Maugel DeStefano Architects

March 29, 2024
Harvard, MA Maugel DeStefano Architects, an award-winning architectural firm specializing in healthcare, science and advanced technology, industrial, commercial, multifamily, and custom residential design in the northeastern United States, has appointed architect Colby Cavanagh to lead the firm’s healthcare & sciences design studio.
Waterstone of Lexington named The Nationals silver award winner

Waterstone of Lexington named The Nationals silver award winner

March 29, 2024
Lexington, MA Waterstone of Lexington has been recognized as a silver award winner in The Nationals, an awards program that honors the best of the best in the building and construction industry. Selected from more than 1,200 entries, Waterstone of Lexington was awarded in the 55+ housing category.
R.W. Holmes secures 5,745 s/f <br>long-term lease for LABBB Education

R.W. Holmes secures 5,745 s/f
long-term lease for LABBB Education

March 29, 2024
Burlington, MA R.W. Holmes completed a 5,745 s/f office lease at 128 Corporate Center. LABBB Educational Collaborative, which provides educational programming and support services for special needs students, has agreed to a long-term lease for its administrative offices at 70 Blanchard Rd.