Category: Owners Developers & Managers

MassDevelopment and Eastern Bank issue $1.66m bond to Bread of Life

MassDevelopment and Eastern Bank issue $1.66m bond to Bread of Life

March 17, 2023
Malden, MA MassDevelopment has issued a $1.66 million tax-exempt bond on behalf of Bread of Life 54 Eastern, LLC, an affiliate of Bread of Life , which is using proceeds to build a three-story, 20,000 s/f building at 54 Eastern Ave. The project is a joint development
Senie of KW Comm’l. to host FCCBN  event on March 31st

Senie of KW Comm’l. to host FCCBN event on March 31st

March 17, 2023
Stamford, CT Fairfield County’s leading commercial brokers, owners, investors, and developers will gather with the city officials to discuss the future of real estate to drive growth and prosperity.
Associated General Contractors of MA announce BWiC Inspire Awards

Associated General Contractors of MA announce BWiC Inspire Awards

March 17, 2023
Boston, MA The Associated General Contractors of Massachusetts (AGC MA) named the winners of the 2023 BWiC (Building Women in Construction) Inspire Awards, designed to recognize and celebrate women in construction
The Village Bank to award $50,000 in college scholarships - deadline is April 3

The Village Bank to award $50,000 in college scholarships - deadline is April 3

March 17, 2023
Newton, MA Joseph De Vito, president and CEO of The Village Bank said that the Auburndale Community Charitable Foundation is accepting college scholarship applications from local high school seniors.
Irish named senior VP, community relations at Beacon Communities

Irish named senior VP, community relations at Beacon Communities

March 17, 2023
Boston, MA Beacon Communities, has appointed Toya Irish as senior vice president, community relations. Irish will report to Dara Kovel, Beacon’s chief executive officer, and will assume new responsibilities that take advantage of her experience working with elected officials,
Mass. suburban office will transition during this decade - by Harrison Klein

Mass. suburban office will transition during this decade - by Harrison Klein

March 17, 2023
Kastle Systems tracks key card swipes at office buildings and claims that occupancy is leveling off at 43%. With a statistic like that, it’s understandable to jump to the conclusion that the office building sector is doomed. Fortunately, this statistic is grossly misleading, pre-COVID, occupancy never exceeded 80%. Sick days, business travel and remote work take people out of the office.
Ironworkers Local 7’s Next Committee donates school supplies to teachers, students and families

Ironworkers Local 7’s Next Committee donates school supplies to teachers, students and families

March 10, 2023
Boston, MA Ironworkers Local 7, one of Boston’s largest unions, joined with several city councilors and community organizations to donate much-needed school supplies to local students, teachers and families as part of an annual campaign
Synergy Investments acquires Chestnut Place for $10.5 million

Synergy Investments acquires Chestnut Place for $10.5 million

March 10, 2023
Worcester, MA Synergy Investments has acquired Chestnut Place, a 273,304 s/f two-building office complex located in the central business district, for $10.5 million. The transaction includes two buildings – One Chestnut Place and Two Chestnut Place – that are over 80% leased, a 211-car garage
Rhode Island Ready initiative - by Steven King

Rhode Island Ready initiative - by Steven King

March 10, 2023
Rhode Island Ready (RI Ready) is a statewide industrial site readiness initiative backed by $40 million overwhelmingly approved by voters in 2021. We launched the program in January of 2022 to help streamline industrial development across the state–ultimately bringing jobs to Rhode Islanders and tax revenue to communities.
The Stubblebine Company represents M.I.R. Associates<br> Realty Trust and 450 King Street LLC in $5.3 million sale

The Stubblebine Company represents M.I.R. Associates
Realty Trust and 450 King Street LLC in $5....

March 10, 2023
Littleton, MA Micah and David Stubblebine, principals of The Stubblebine Company/CORFAC International, represented the sellers, M.I.R. Associates Realty Trust and 450 King Street LLC, in the sale of 410 Great Rd. and 450 King St.
Horvath & Tremblay complete $4.65 million sale of <br>CVS pharmacy - exclusively represented the seller and procured the buyer

Horvath & Tremblay complete $4.65 million sale of
CVS pharmacy - exclusively represented the sel...

March 10, 2023
Lynn, MA Todd Tremblay and Bob Horvath of Horvath & Tremblay have completed the sale of a CVS pharmacy. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $4.65 million.
Wronka, Ltd. Commercial Real Estate Advisors brokers $1.5 million sale

Wronka, Ltd. Commercial Real Estate Advisors brokers $1.5 million sale

March 10, 2023
Woburn, MA Wronka, Ltd. Commercial Real Estate Advisors represented the buyer, Emeth Chapel Christian Church