Category: Owners Developers & Managers

Methuen, MA Acella Construction Corporation, a leader in construction management throughout greater Boston, recently completed work on Big Blue Swim School at 90 Pleasant Valley St., the first of the nation-wide swim school’s franchises in Mass. A ribbon-cutting was held to officially open the facility on April 28th. The $2.2-million-project involved the complete tear down of a Stop & Shop grocery store that formerly occupied the 10,000 s/f retail space. 

Boston, MA According to Marcus & Millichap, George Marcus, co-founder and chairman of both MMI and the private company, Marcus & Millichap Co., was recognized with a Lifetime Achievement Award on May 3rd at Hotel Indigo in Los Angeles. The recognition was presented by Connect Commercial Real Estate.

West Bridgewater, MA National Development, a leading vertically integrated real estate investment and development firm, has closed on the acquisition of a 20-acre parcel located at 586 Manley St. and has commenced construction on a 210,600 s/f class A logistics facility.  The building is expected to be able to accommodate tenants for occupancy in April of 2024.

Portland, ME According to The Dunham Group, Bryan Plourde has joined the firm as a broker/sales agent. Having spent the last 10 years as a commercial real estate appraiser at Maine Valuation Co., Plourde brings an invaluable skill set to the firm. With a decade of experience appraising over $1 billion and 5 million s/f of commercial real estate in Maine, he has a keen insight into all sectors.

Boston, MA Union plumbers, contractors and industry leaders rallied at the State House to advocate for protecting the state’s plumbing codes, build partnerships on green energy transition and petition legislators on other key safety and regulatory issues impacting the industry.

Wayland, MA R.W. Holmes, one of the largest commercial brokerage firms serving tenants and landlords in Massachusetts for more than 45 years, released its first quarter market report and forecasts for 2023. The report shows a growing discrepancy in the market between the continued success of industrial product and slowing office activity. 

Quincy, MA MountainOne Bank has appointed Marie Harris as vice president, credit administration manager. In this position, Harris oversees all aspects of the credit administration department, including commercial loan underwriting, portfolio review and monitoring, as well as

Hartford, CT Marcus & Millichap has sold a 28-unit apartment property. “Multifamily product in downtown Hartford has outperformed expectations. 385 Main, a well-located asset within the Central Business District with historical significance and outstanding curb appeal, will benefit from this positive momentum,” said Eric Pentore, senior vice president investments.

Boston, MA Noannet Group, Saunders Hotel Group and Cain International, the developers of the new addition to city living, Raffles Boston Back Bay Residences, commence sales for 38 Pied-à-Terre homes. Pied-à-Terre homes allow owners the flexibility to rent their home short term when they are away, either directly or through an agent.

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

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.