Category: Owners Developers & Managers

NeighborWorks Housing Solutions breaks ground on adult emergency shelter and supportive housing

NeighborWorks Housing Solutions breaks ground on adult emergency shelter and supportive housing

May 5, 2023
Attleboro, MA In partnership with the Northern Bristol County Assistance Collaborative, Catholic Social Services, Father Bill’s & MainSpring, Massachusetts Alliance for Supportive Housing, Massachusetts Department of Housing and Community Development, BayCoast Bank, and the office of representative James Hawkins, NeighborWorks Housing Solutions hosted a ceremony on the site of what will become the first-ever adult emergency shelter
Maugel DeStefano Architects completes phase one of Northgate Meadows for Whitney Companies

Maugel DeStefano Architects completes phase one of Northgate Meadows for Whitney Companies

May 5, 2023
Sterling, MA According to Maugel DeStefano Architects, the firm has completed the first phase of Northgate Meadows, for the Whitney Companies.  The 216-unit apartment complex, located on Research Dr., will be developed in three phases. Each phase features a 106,000 s/f podium style multi-residential building with four stories of one-and two-bedroom affordable and market-rate units.
SimpliSafe opens doors to new expanded Boston corporate headquarters at 100 Summer Street

SimpliSafe opens doors to new expanded Boston corporate headquarters at 100 Summer Street

May 5, 2023
Boston, MA SimpliSafe, maker of award-winning smart home security systems, has officially opened the doors to its new corporate headquarters, located at 100 Summer St. The new space, which will eventually total 150,000 s/f, was custom-built in partnership with IA Interior Architects and Commodore Builders to enable SimpliSafe to support its dynamic, hybrid team and advance its founding mission of making every home secure.
MassDevelopment issues $126.33m to Puddingstone at Chestnut Hill, LLC

MassDevelopment issues $126.33m to Puddingstone at Chestnut Hill, LLC

May 5, 2023
Brookline, MA MassDevelopment has issued a $77.9 million tax-exempt bond and a $48.43 million taxable bond on behalf of Puddingstone at Chestnut Hill, LLC, an affiliate of Chestnut Hill Realty Corp., which will use proceeds to build a six-story, 250-unit mixed-income multifamily rental-housing facility on 3.78 acres of undeveloped land at 201 Sherman Rd.
CoreNet Global New England president’s message: Annual Awards of Excellence - by Maureen Rystrom

CoreNet Global New England president’s message: Annual Awards of Excellence - by Maureen Rystrom

May 5, 2023
Our Annual Awards of Excellence took place on April 27th at Westin Seaport, and with 400 in attendance, it was such a fabulous evening celebrating our 2022 Chapter’s Leadership and Project Award Winners, as well as the graduating class of the 2022 Cohort of the Young Leaders Professional Development Program. The evening couldn’t have happened without our wonderful sponsors, including our Premier Sponsor, Margulis Perruzzi Architects.
Project of the Month: NEI General Contracting <br> completes renovation of 490,000 s/f Rivermark

Project of the Month: NEI General Contracting
completes renovation of 490,000 s/f Rivermark

May 5, 2023
Cambridge, MA NEI General Contracting, an award-winning general contracting firm, has completed a 490,000 s/f occupied renovation of an affordable housing complex for Homeowners Rehab, Inc. (HRI). Located at 808-812 Memorial Dr., the Rivermark complex contains 89 apartments in a 10-story building, 211 apartments in a 19-story building, 38,000 s/f of commercial space, and five levels of parking.
Stejskal of The Peabody Companies participates in CREW panel discussion

Stejskal of The Peabody Companies participates in CREW panel discussion

May 5, 2023
Braintree, MA Megan Stejskal, director of compliance at The Peabody Companies, participated in a recent virtual panel discussion on Affirmative Fair Housing compliance presented by the Boston chapter of Commercial Real Estate Women (CREW). Stejskal addressed the Affordable Fair Housing Marketing Plans and Tenant Selection Plans during the March 30th panel discussion at the CREW Housing and Community Development Committee virtual event.
The Stubblebine Company arranges $12.4m sale of 101-107 Scott Dr. to NE Wire Products

The Stubblebine Company arranges $12.4m sale of 101-107 Scott Dr. to NE Wire Products

May 5, 2023
Leominster, MA David Stubblebine and James Stubblebine, principals of The Stubblebine Company/CORFAC International, coordinated the sale of 101-107 Scott Dr. between HK Shah LLC & RNP Shah LLC, the seller, and New England Wire Products, the buyer. The sale price was $12.4 million. 
Gray, Gray & Gray ranks 7th largest independent accounting firm in New England

Gray, Gray & Gray ranks 7th largest independent accounting firm in New England

May 5, 2023
Canton, MA Gray, Gray & Gray, LLP has been ranked as the seventh largest independent accounting firm in New England by Accounting Today, the accounting industry’s foremost publication. Gray, Gray & Gray’s annual revenue of $29.5 million represents a rate of growth of almost 10 percent over the previous year.
Alvarado of SVN | Parsons Commercial Group completes <br> $1.7 million office/medical building sale

Alvarado of SVN | Parsons Commercial Group completes
$1.7 million office/medical building sale

May 5, 2023
Waltham, MA SVN | Parsons Commercial Group | Boston has completed the sale of an 8,500 s/f office/medical building on approximately one third of an acre at 42 Weston St. to A-Trac Computer Sales & Services for $1.7 million.  Senior advisor, Marci Alvarado of SVN | Parsons Commercial Group | Boston represented the seller, Research Realty, LLC. Jordan Berns and Tyler Capecci of 128 CRE represented the buyer, A-Trac Computer Sales & Services, in the transaction. 
BECMA awards $10,000 to KB-MAC for electric vehicle kickstarter program

BECMA awards $10,000 to KB-MAC for electric vehicle kickstarter program

May 5, 2023
Boston, MA The Black Economic Council of Massachusetts (BECMA) awarded $10,000 as a part of its electric vehicle (EV) kickstarter program to KB-MAC, a Dorchester-based electric contractor born from a partnership with the International Brotherhood of Electrical Workers (IBEW) Local 103 and National Electrical Contractors Association (NECA) to bring greater diversity, equity, and inclusion to Boston’s union construction industry.
Nohrden of Burgess Properties brokers $2.4m sale of 12,494 s/f industrial building

Nohrden of Burgess Properties brokers $2.4m sale of 12,494 s/f industrial building

May 5, 2023
Malden, MA Burgess Properties, LLC has brokered the sale of 1130 Eastern Ave. for $2.4 million.  The 12,494 s/f building on 0.44 acres had been used as a recycling facility for years prior to sale. The visible property is on Rte. 60 near MBTA bus. 1130 Eastern Ave. LLC, a subsidiary of Malden-based United Properties purchased the property.