Category: Owners Developers & Managers

Woburn, MA East Cambridge Savings Bank has added Susan Shaw to the bank as business development manager at the Woburn Banking Center. In this role, Shaw will serve as the banking center manager and will oversee business development and banking center operations.

North Andover, MA Spencer Norton and Stephen Girolamo of Horvath & Tremblay have arranged the sale of two multi-family & mixed-use investment properties. Norton and Girolamo represented the seller and procured the buyer to complete the transaction at a sale price of $3.4 million.

Dracut, MA Chris Melanson of MANSARD completed the $1.395 million sale of 55 Loon Hill Rd. Melanson represented the seller and procured the buyer in this transaction. 55 Loon Hill Rd. is located on a 3.67 acre lot surrounded by a retail center, Arbors Assisted Living, CVS, Circle Health Urgent Care, USPS and Dracut Police Department.

Concord, MA Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler have sold The Prescott at Concord, a 350-unit apartment community. CBRE represented the seller, an institutional advisor and also procured the buyer, funds and accounts managed by BlackRock. 

As the late great Rodney Dangerfield would say… “I don’t get no respect”! Over the past three years, hotel owners have worked through shutdowns, only to experience a massive resurgence in the leisure sector. But they were forced to meet that new prosperity with one hand tied around their back, not being able to find enough labor to support the burgeoning business. 

Dover, NH Q, Inc. leased 19,984 s/f of office space from Double Diamond Holdings South, LLC. Q, Inc. is a firearms manufacturer with a production plant located at Enterprise Dr. The tenant will be using their newly leased space at 271 Locust St. primarily for office.

Norwood, MA Atlantic Commercial Real Estate, LLC completed a 1,300 s/f lease transaction of office space, unit A2, located at 89 Access Rd., to School Search, Inc.

Boston, MA James Spillane has rejoined The Marr Companies as project manager for two primary lines of access equipment: Mast Climbing Work Platforms and Construction Elevators. Customer demand for mast climbing work platforms and construction elevators has increased

We are in a new, much-needed era for prioritizing mental health at work. Businesses only perform as well as their employees, and nearly one-fifth of U.S. workers rate their mental health as fair or poor. Leaders across industries must be in lockstep with this paradigm shift to create

Dennisport, MA JLL Capital Markets has closed the $29.15 million sale of and arranged the $18.288 million in first mortgage acquisition financing for Chases Ocean Grove, a 19.2-acre piece of land that is encumbered by 277 individual ground leases improved with seasonal cottages located within Cape Cod.

Needham, MA An affiliate of The Bulfinch Companies, Inc. (Bulfinch) has completed multiple new leases at 117 Kendrick St. along with tenants executing expansions and extensions at the property. The property has seen an increase in activity after repositioning the asset from office to life science. Recent leasing brings the building to 92% leased.

Foxborough, MA Marcus & Millichap has completed the sale of the Kingswood Apartments, a 15-unit multifamily offering, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $2.3 million. Senior vice presidents, Evan Griffith and Tony Pepdjonovic, along with associate, Jeremy Buckley, had the exclusive listing to market the property on behalf of the seller and procured the buyer.