Category: Owners Developers & Managers

Canton, MA Standard Communities has acquired Canton Estates Apartments, a naturally-occurring affordable housing family community. The total capitalization of the transaction is $18 million. Located at 32 Neponset St. and 16 Bailey Ct., about 20 miles south of Boston,

Somerville, MA DLJ Real Estate Capital Partners (DLJ RECP), Deutsche Finance Group (DFG), Leggat McCall Properties (LMP), and Shawmut Design and Construction were joined by mayor Katjana Ballantyne to commemorate the steel topping off milestone at 808 Windsor St., the second purpose-built class A lab building as part of the Boynton Yards 1.8 million s/f mixed-use life sciences and innovation community.

Malden, MA Boston Realty Advisors represented Historic Tours of America in the purchase of 129 Commercial St., a 53,872 s/f commercial building for $21 million.  The seller was a joint venture partnership of Oliver Street Capital and partner Bain Capital. The sale closed on February 15th.

Beverly, MA Windover Construction, a construction management firm focused on leading through innovation, has promoted Derrick Seitz to project executive. With 25 years in the industry, Seitz is a technical expert who excels at planning, using his experience as an estimator, superintendent, and project manager to ensure a project’s success from the start.

Boston, MA BOND Building congratulates employee Stephanie Crepeau for her recognition from the Association of General Contractors of Massachusetts (AGCMA) as Building Women in Construction Inspire Awards’ Rising Star of the Year. This award is designed to recognize and celebrate the most exemplary women in construction who demonstrate leadership, generosity, innovation, and unwavering commitment to their career, colleagues and industry.

Middleborough, MA Atlantic Commercial Real Estate, LLC brokered the $1.6 million sale of 457-459 Wareham St., a 9.94-acre industrial development site. The site features a location off I-495 with frontage on both Rte. 28 and I-495. 

Southport, CT Choyce Peterson, Inc., a full-service commercial real estate brokerage and consulting firm, has completed lease negotiations on behalf of Southport Family Dental for a 4,047 s/f office at 3530 Post Rd. Choyce Peterson vice president Charlene O’Connell represented Southport Family Dental in this transaction. 

Stow, MA SVN | Parsons Commercial Group | Boston has completed the sale of a 37.32-acre four parcel lot of raw land on Goshen Ln. for $930,000.  Senior advisor, Jake Parsons, of SVN | Parsons represented the seller, EFMC Associates, and procured the buyer, Habitech Acquisitions, in the transaction. 

Southborough, MA The New England Center for Children(NECC) has selected Erland Construction to serve as the presenting sponsor of the 17th Annual NECC 5K Walk/Run for Autism. The event will take place on Saturday, May 13 at 10 a.m. at the Margaret A. Neary School.

Middletown, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap, has sold a two-property, 518-unit multi-family portfolio. “Located between Hartford and New Haven, Middletown draws residents from employment centers in both cities,” said Victor Nolletti, IPA executive managing director investments.

Hamden, CT Michael Richetelli, president and designated broker of Colonial Properties, Inc., has completed the following transactions. Richetelli, represented the seller, 110 Webb Street, LLC, in the sale of 110 Webb St. in Hamden, a 12,675 s/f light industrial building on .48 acres.

Webster, MA NAI Glickman Kovago & Jacobs facilitated the $3.5 million sale of a multi-family portfolio consisting of 35 units in 10 properties. The seller, Hancock St. Holdings LLC was represented by NAI Glickman Kovago & Jacobs vice presidents David Eldredge, and Tim Whittredge.