Category: Owners Developers & Managers

Boston, MA A.W. Perry recognizes Tom McLaughlin, Tom Leary, Steve DiPersio, Nick Bernard, Mark Scolponeti, Jose Lantigua, Jim Lannon, Cederik Arias, and Ulises Hernandez from its facilities team, spanning A.W. Perry’s Boston, South Shore, and North Shore property portfolio.

Beverly, MA Spire Investments has just completed the purchase of 85-89 Cabot St. The three-story brick building consists of six apartment units with a unit mix of one and two bedrooms. “At a purchase price of $1.4 million, this is another excellent asset to add to our portfolio,” said Jay Goldberg, owner and president of Spire Investments.

North Haven, CT Pearce Real Estate is celebrating 65 years of business, serving the needs of residential and commercial clients. The Pearce brand of service extends to the community at large, supporting dozens of local charitable organizations, which the company has done since its founding in 1958.

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 our clients and team members.

Allston, MA JLL’s Capital Markets group has arranged a $750 million construction loan for the first phase of the Enterprise Research Campus, a 900,000 s/f, mixed-use development located near Harvard University. The $750 million loan represents one of the country’s largest construction loans closed year-to-date 2023.

Chelsea, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of 268 & 278-280 Washington Ave., a 16-unit apartment building with a parking lot for $4 million. Kelleher and Pentore exclusively represented the seller, Hhc One Massasoit, LLC and procured the buyer, Broadway Capital.

Lancaster, MA R.W. Holmes has facilitated a new 23,390 s/f industrial lease. F&M Tool and Die, a highly experienced machine shop specializing in mold making, mold maintenance, and mold repair in central Massachusetts, has secured a lease for 851 Sterling Rd.

Woburn, MA J Woburn Heights, the newest apartment community by Jefferson Apartment Group (JAG), has delivered and welcomed their first residents. The project is a joint venture with SpringHarbor Financial Group. J Woburn Heights is a 168-unit, garden-style community across four buildings on nine acres,

Quincy, MA According to FoxRock Properties, a real estate investment, development, and management firm, the next phase of Ashlar Park’s apartment community, the Skyline Building, has begun preleasing. Taking its name from the views of the Boston skyline it offers, the Skyline Building is situated on the northwestern side of the Ashlar Park campus

New Bedford, MA According to the Healey-Driscoll administration, the state closed on the sale of a 1.417 acre parcel to Cruz Development Corp., enabling the transformation of this previously state-owned property into housing. Cruz Development, a third-generation family business and Minority Business Enterprise (MBE), plans to develop the property

Boston, MA Hines, the global real estate investment, development, and property manager, has given the first reveal of the interiors of The Ritz-Carlton Residences, South Station Tower, located on the upper 16 floors of the highly anticipated South Station Tower development. The skyline-defining tower has been thoughtfully designed by global placemaker Pelli Clarke & Partners,

Cambridge, MA King Street Properties (King Street) and Healthpeak Properties celebrated the grand opening of its new life science facility at 101 Cambridgepark Dr. The 160,000 s/f laboratory property was developed by King Street in the premier life science cluster.