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Category: Owners Developers & Managers
Horvath & Tremblay handles sale of Walgreens for $4.56 million
June 23, 2023
Shrewsbury, MA Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of Walgreens (leasehold interest). Horvath & Tremblay exclusively represented the seller and procured the buyer to complete this transaction at a sale price of $4.56 million.
Nauset Construction completes pair of tenant fit-outs at 10 Winthrop Sq. office building
June 23, 2023
Boston, MA Nauset Construction has completed the second of two interior fit-outs for tenants at 10 Winthrop Sq. Extensively renovated and rebranded as 10W, the historic, six-story, “quintessential jewel box” building has been reimagined as a distinguished office and retail destination.
Fellah of HK Group finalizes sale of 10,431 s/f building in Westport, CT
June 23, 2023
Westport, CT Franco Fellah, executive vice president at HK Group has finalized the sale of the 10,431 s/f building located at 38 Main St. The building’s first floor is leased to British luxury furniture brand Timothy Oulton, a company with 43 retail galleries throughout the world
Triglione of Nordlund Associates brokers $2.125 million sale to Windhill and Company Woodworks, Inc...
June 23, 2023
Georgetown, MA Nordlund Associates has completed the sale of 2A Moulton St. The 11,114 s/f manufacturing and showroom facility plus 3,200 s/f garage storage building was purchased for $2.125 million by Windhill and Company Woodworks, Inc. amd Dexmar Realty Trust.
Cresa promotes three to managing principal
June 23, 2023
Boston, MA The local office of Cresa has promoted three transaction advisors to managing principals. John Coakley, Paul Delaney, and Joe Doyle have demonstrated sustained excellence in business development and exemplary client service as respected industry leaders. In addition to building strong and lasting relationships with clients,
MassDevelopment partners with Newburyport Bank to provide $3.15m in financing to 45 Wingate Street L...
June 23, 2023
Haverhill, MA MassDevelopment has partnered with Newburyport Bank to provide $3.15 million in loan financing to 45 Wingate Street LLC, led by developer Ted Ammon, to renovate a historic five-story building located at 45-51 Wingate St. by adding 15 apartments on the vacant upper three floors.
Regazzini of Combined Properties arranges 9,038 s/f lease
renewal to NICE North America at Two ...
June 23, 2023
Peabody, MA According to Combined Properties, Inc., NICE North America, formerly Nortek Security & Control, LLC, has renewed a 9,038 s/f lease at Two Corporation Way, a first-class office building in Centennial Park.
Erland Construction welcomes Kennedy as business development manager
June 23, 2023
Burlington, MA Erland Construction has hired Kelly Kennedy as business development manager. Kennedy will be responsible for developing and supporting Erland’s relationships with new and existing clients in the advanced technology/life sciences, as well as the company’s other target market sectors
Press of Press|Cuozzo Commercial Services brokers 1,700 s/f lease
June 23, 2023
Hamden, CT Stephen Press, SIOR, co-principal of Press|Cuozzo Commercial Services signed a long-term lease at 2518 Whitney Ave., a newer 20,000 s/f mixed-use building with ground level retail and office
Wolf promoted to vice president of marketing at West Shore
June 23, 2023
Boston, MA West Shore has promoted Courtney Retzky Wolf to vice president of marketing. In this elevated role, Wolf is responsible for the creation and implementation of the corporate and property marketing and advertising strategy for West Shore’s growing national portfolio of multifamily assets.
Product of the Month: AirPuriX wall and ceiling mount air purifiers make floor standing air purifier...
June 23, 2023
The discovery during the pandemic that aerosolized pathogens, such as infectious bacteria and viruses including COVID-19, can float in the air for hours totally upended the prevailing thinking regarding how the clean air that streams from room air purifiers should be directed.
Hotels are back...But the challenges of development persist - by Harry Wheeler
June 23, 2023
The hospitality market in 2023 is a mixed bag. For the traveler, the experience is amazing. Hotels have reopened and restaurants are bustling, with business back in full force to compensate for the economic downturn due to the pandemic. However, hotel developers face a situation that is less promising, with deals becoming increasingly difficult to pencil.
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