Category: Owners Developers & Managers
Cabot Properties closes its largest fund ever at $1.57 billion
February 9, 2024
Boston, MA Cabot Properties, a leading investor, developer and operator of logistics properties throughout the United States, Europe and Asia Pacific, has closed Value Fund VII on $1.57 billion of equity commitments, above its initial target of $1.5 billion.
Peabody Resident Services earns Commission on Accreditation of Rehabilitation Facilities Internation...
February 9, 2024
Braintree, MA Peabody Resident Services, an affiliate of the Peabody Companies, a group of award-winning property management and real estate firms, has received Commission on Accreditation of Rehabilitation Facilities (CARF) International Accreditation for Supportive Living Services for a three-year period through November 30, 2026,
Neponset River Regional Chamber selects Chestnut Hill Realty as 2023 Large Business of the Year
February 9, 2024
Norwood, MA The Neponset River Regional Chamber has selected Chestnut Hill Realty as its 2023 Large Business of the Year. The award is presented to a chamber member that demonstrates outstanding achievement in general management, employee relations, business growth, product innovation, and community and social responsibility.
Griffith and Pepdjonovic of Marcus & Millichap
handle $6.718m sale
February 2, 2024
Boston, MA Marcus & Millichap, has completed the sale of a mixed-use portfolio in the West Roxbury neighborhood of the city. The assets sold for $6.718 million. “We were thrilled to be awarded this unique listing after a rigorous interview process that included several brokerage firms.
North Shore Realty closes two transactions totaling $4.223m
February 2, 2024
Beverly, MA Dan and Sara Pouladian of North Shore Realty Advisors Inc. closed two separate transactions for a total of $4,222,500 5 Edwards, a three-story multi-family built in 1985 with a lot size of .43 acres (18,562 s/f). The property consists of nine two-bedroom apartments
Congress|EMJ and Tremont Development Partners break ground on 30-unit project in Taunton, MA
February 2, 2024
Taunton, MA Congress|EMJ, Tremont Development Partners, MassHousing, Eastern Bank, and city of officials, including mayor Shaunna O’Connell, held a groundbreaking ceremony on Thursday, January 11, to mark the commencement of a new 30-unit
O’Brien Commercial Properties brokers $3.092 million
sale of 26-acre site
February 2, 2024
Bolton, MA Wood Partners has purchased a 26-acre site at 580 Main St. O’Brien Commercial Properties represented the seller, Condyne, and directly procured the buyer. The sale price was $3,091,500. Their comprehensive permit will enable Wood Partners to build 229 apartments.
Calare Properties completes redevelopment of 325 Foxborough Blvd. for NECI
February 2, 2024
Foxborough, MA Calare Properties (Calare) has completed upgrades to 325 Foxborough Blvd. nearly a year after acquiring the 80,000 s/f office building. The fully upgraded property will serve as the corporate headquarters facility for NECI,
EMD Serono selects Erland, PM Group, and BR+A Consulting Engineers for 15,000 s/f renovation
February 2, 2024
Billerica, MA EMD Serono has selected Erland, PM Group, and BR+A Consulting Engineers to renovate 15,000 s/f of space within the Bourne Building. The new lab will contribute to the company’s ongoing commitment to providing medicines, drug-delivery devices, and support services
MassDevelopment issues $25.77 million tax-exempt bond to SEHC Elizabeth Brook Apartments LP
February 2, 2024
Stow, MA MassDevelopment has issued a $25.77 million tax-exempt bond on behalf of SEHC Elizabeth Brook Apartments LP, an affiliate of Stow Elderly Housing Corp. The organization is using proceeds to renovate an existing 50-unit affordable rental housing complex for seniors
New England Chapter of CoreNet Global to honor Awards of Excellence Winners on May 23
February 2, 2024
Boston, MA The New England Chapter of CoreNet Global has named the winners of its annual Awards of Excellence, representing the best of the Boston region in corporate real estate leadership. The 2023 winners will be formally presented with their awards
The Stubblebine Company sells 307 Dorchester
Avenue to Alexandria for $43m
February 2, 2024
Boston, MA On January 23, The Stubblebine Company/CORFAC International sold the 48,900 s/f industrial showroom building on a 1.8-acre parcel at 307 Dorchester Ave., a former FW Webb site, for $43 million to Alexandria Real Estate Equities. The property was not publicly marketed.
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