Category: Owners Developers & Managers

Hampton, NH City Kids, a Boston youth education nonprofit, hosted a Surf Camp for teens from Boston Asian Youth Essential Service (Boston Asian YES) at Hampton Beach. City Kids is a nonprofit founded by City Realty Group managing partners Stephen Whalen and Fred Starikov to spark intellectual curiosity in the children of Boston

Waltham, MA Vantage Builders, Inc. hosted its second annual Vantage Builders fore Charity Golf Classic tournament, with 128 golfers taking part in the shotgun start tournament, held at Franklin Country Club on August 14.

How are prices still so high despite these crazy interest rates? This statement is usually used in reference to housing, however in my world of private market industrial, it is just as true. Over the past 18 months, borrowing costs went from 3.5% to 7%. Despite this, we continue to witness record-high prices and cap rates have only moved 50-75 points higher.

According to A/Z Corporation, Joseph Kifer and Stephanie Bower has joined as the newest directors of Business Development in the New England market region. In this role, Kifer and Bower will work together to increase A/Z’s market presence by creating relationships with new clients and maintaining

Boston, MA Representatives from the U.S. Department of Labor and the Occupational Safety and Health Administration (OSHA) joined the Massachusetts Building Trades Recovery Council to discuss innovative methods to create supportive work environments for people with substance use disorder and mental health conditions in the trades. 

Narragansett, RI Lila Delman Compass has brokered the sale of 114 Boon St. for $3.1 million. Dan and Nicole Harding, Lila Delman Compass sales associates, represented the seller, while Jaime Wilson, Lila Delman Compass associate represented the buyer. This transaction marks the highest sale in history of a condominium in the town.* 

Boston, MA According to Massachusetts Housing Investment Corp. (MHIC) and Conservation Law Foundation (CLF), their Healthy Neighborhoods Equity Fund (HNEF) II will finance Northampton Residences at 597-599 Northampton St. in the Lower Roxbury neighborhood of the city.

Scituate, MA The Drew Company, a Boston-based, privately held, real estate development and management company, celebrated the grand opening of SkySail at Driftway, the newest transit-oriented mixed-use development, on October 3rd.

Beverly, MA SV Design and Erland Construction completed a new 167,230 s/f six-story, mixed-use property for developer, Beverly Crossing. The Block at Odell Park houses 106 apartments, an array of amenities, and 9,000 s/f of retail space. Constructed on a tight site adjacent to the state’s third busiest commuter rail stop,

Avon, MA The Stubblebine Company/CORFAC International has completed the sale of 108 Bodwell St. to CJ Shaughnessy Crane Service for $11.25 million. The subject property consists of a 51,000 s/f industrial building on 6.33 acres with a clear height of 16’8 – 20’8. Situated off Rte. 24 and less than 10 miles from I-95, the property provides access to all parts north and south in the Commonwealth.

Greenwich, CT CBRE has completed the $15.5 million sale of 53 Forest Ave., a 43,985 s/f office building.  Jeffrey Dunne, Steven Bardsley, Travis Langer, and Daniel Blumenkrantz of CBRE’s Institutional Properties Group represented the owner, Collins 53 Forest LLC, an entity managed by Collins Capital Partners LLC, in the sale. The team also procured the buyer, HBN 53 Forest, LLC, which is managed by HB Nitkin, a regional commercial real estate owner.

Bridgewater, MA MPZ Development LLC (MPZ) and Capstone Communities LLC (Capstone) joined the town, state and local officials, and the community to celebrate the grand opening of The McElwain School Apartments, a new mixed-income housing apartment community located at 242-250 Main St., located outside the town center and Rte. 28 corridor.