Category: Owners Developers & Managers

Natick, MA Stonegate Group and Nauset Construction broke ground on the Stonegate St. Patrick redevelopment, a mixed-use project at the site of the former St. Patrick’s School that will deliver 46 apartments with 14,000 s/f of ground-floor restaurant and retail space with four additional two-family townhomes. Located at 45 E. Central St.,

Everett, MA Greystar Real Estate Partners, LLC (Greystar) welcomed the first move-ins at Mason, a newly constructed residential community in the Commercial Triangle District of the city. Designed to impress by CBT Architects, Mason blends natural beauty with an industrial edge. Residents will enjoy modern amenities and dedicated work areas in a rising neighborhood

Boston, MA The Boston office of Syska Hennessy Group has added four specialists to enhance local capabilities in life sciences, sustainability, data centers, and power systems, according to Andrew Krenning, associate partner and leader of the local office.

Boylston, MA A project nearly two decades in the making finally came to fruition with a ribbon-cutting ceremony for Rand-Whitney’s new packaging facility. The new 384,000 s/f facility has 32 shipping bays, 100,000 s/f of storage capabilities and a new equipment BHS Corrugator which produces eight million s/f daily.

Burlington, MA Electric Supply Center (ESC), the industry leader in the electrical distribution in the New England region, has named James Girouard as the new director of business development. With a remarkable entrepreneurial journey and a proven track record of driving business growth, Girouard brings a wealth of experience and expertise to ESC’s expanding team.

Saco, ME Calare Properties (Calare) celebrates the completion of 45 Industrial Park Rd., a class A warehouse/logistics development. The nearly 125,000 s/f facility will serve as a key distribution hub for a globally recognized snack food manufacturer. Project costs were not disclosed.

Lowell, MA New England Heritage Properties, a family-owned property management company, has hired Derek Coulombe as vice president of acquisitions. In his role, Coulombe will strengthen and advance Heritage Properties’ investment capabilities, identifying and structuring new multi-family acquisition and development opportunities.

Ipswich, MA MassDevelopment has issued a $32.5 million tax-exempt bond on behalf of Agawam Village LLC, an affiliate of Ipswich Housing Authority (IHA), which will use proceeds to buy and renovate the Agawam Village affordable multifamily rental housing complex. Built in the 1970s, Agawam Village is comprised of 80 one-bedroom units, four two-bedroom units, eight three-bedroom units, and two four-bedroom units across seven buildings.

Waltham, MA According to Dakota Partners, a leading real estate development firm specializing in the creation of affordable housing, it has ranked as number 34 on Affordable Housing Finance (AHF) Magazine’s “Top 50 Affordable Housing Developers” list for 2022.

As emission reduction mandates gain traction in Massachusetts, commercial building owners face growing pressure to adopt sustainable practices. With the implementation of stretch energy codes and net zero opt-in energy codes in communities throughout the state, decarbonization is becoming mandatory in many places. While a path to compliance may seem daunting and expensive, it also presents an opportunity for proactive businesses to gain a competitive advantage and save money.

Braintree, MA John M. Corcoran & Company (JMC) has named Robert Ruzzo as executive vice president - property management for the company. In this role he is the primary business leader for the company’s property management operations, charged with achieving property, portfolio and company profit objectives and leading the growth of the property management division.

Boston, MA Massachusetts Housing Investment Corporation (MHIC), an innovative private, non-profit financier in affordable housing and community development in New England, has appointed Sean Beirne as Deputy Director of Capital Management. For the past decade, Beirne has worked in banking and finance with a focus on investment and fund analysis and management.