Category: Owners Developers & Managers

Boston, MA With city views, a two-story roof deck and one of the most comprehensive amenity programs in the South End, The Smith No. 99 is now ready for pre-leasing. Located between the historic streets of Harrison and Albany at 99 East Dedham St., The Smith No. 99 is in phase two of The Smith mixed-use apartment community which is already on track to earn a 2-star Fitwel rating and is targeting LEED Gold certification.

Boston, MA Seyon Management has hired Brooke Bova as vice president of property management. In her new capacity, Bova will be responsible for the oversight and day-to-day management of the firm’s national property management team consisting of offices in Boston, Philadelphia, and South Florida. “We are extremely fortunate to have Brooke join our growing team and oversee our property management division.

Holliston, MA As a national leader in specialty contracting for cleanroom construction for 60 years, The Cleanroom Contracting division of Performance Contracting, Inc. (PCI) has announced the opening of its New England office

Somerville, MA Atlantic Retail has announced the sale of 65-75 Mystic Ave in Somerville, MA. The 11.5 acre property inclusive of Home Depot is located in the Assembly Square neighborhood which has rapidly densified in the past decade

Wilmington, MA Chris Everest of Nordlund Associates Inc. negotiated the sale of 226 Andover St., a 20,704 s/f industrial / flex building. The property sold for $4.6 million. The buyer was Andover St Realty Holdings LLC and the seller was 226 Andover Street LLC. Nordlund Associates was the sole broker. 

Lawrence, MA Marcus & Millichap completed the sale of Legacy Place Apartments, a 104-unit apartment property. The asset sold for $21.5 million. Laurie Ann Drinkwater, CCIM, Seth Richard, and Matthew Pierce, investment specialists in Marcus & Millichap’s Boston and Manhattan offices, had the exclusive listing to market the property on behalf of the seller and secured the regional buyer.

Cambridge, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of 13 multifamily units at 81-91 Winter St. for $7.2 million and $553,846 per unit. Kelleher and Pentore exclusively represented the seller, Torrington Winter LLC/Winter KRE LLC. Yun Peng of New Century Realty represented the buyer. 

Easton, MA Hunneman completed the sale of 530 Turnpike St. to Rhino Capital Advisors LLC, and the long-term lease of a new construction warehouse facility to Beacon Roofing Supply. Sale details were not disclosed. Hunneman’s executive vice presidents Ned Halloran, Leeanne Rizzo, Ken Oppenheim, and assistant vice president Connor Hayes represented the seller, Easton Golf LLC and procured the buyer, Rhino.

Boston, MA Summer heralds major growth for 150 greater Boston nonprofits. These community organizations have been awarded substantial multiyear funding through the annual Cummings $30 Million Grant Program. A meaningful percentage of Cummings Foundation’s more than $3 billion in assets is in the form of commercial real estate.

Auburn, MA Meghan Liddy, senior vice president of capital markets at Kelleher & Sadowsky Associates has arranged refinancing of the industrial distribution property at 26 Millbury St. in the amount of $13.5 million on behalf of Rabina. 26 Millbury St. is a 210,000 s/f industrial distribution building that is fully occupied by HD Supply Facilities Maintenance, Ltd., a wholly owned subsidiary of The Home Depot. 

Boston, MA Suffolk Technologies, an institutional venture capital firm affiliated with Suffolk, has closed its inaugural fund with $110 million in commitments. Suffolk Technologies Fund I (The Fund) will invest in early-to-growth stage companies across construction technology (ConTech) and property technology (PropTech) that are creating solutions for safer

Cranston, RI DiPrete Engineering has promoted Brandon Carr, PE, LEED AP, Gregg Burnett and Sheryl Guglielmo to principals at the firm. Carr has been an integral part of the DiPrete team for 15 years and has played a significant role in client development and project success. In his new role, Brandon will be responsible for helping to shape the overall direction of the firm to bring greater value to their clients and team members.