Category: Owners Developers & Managers

Haverhill, MA New England Ice Cream Corp. leased a 15,571 s/f industrial building on two acres at 125 Ward Hill Ave. The property is located 1.1 miles from I-495 in the Ward Hill Industrial Park.

Westborough, MA SVN | Parsons Commercial Group | Boston (SVN | PCG) has completed the sale of a 28,000 s/f industrial building along Rte. 9 at 80 Turnpike Rd. for $2.65 million. Associate advisor, Ryan Parsons, of SVN | Parsons Commercial Group | Boston represented the seller, 80 Turnpike, LLC, and procured the buyer, Bornbam Associates, LLC.

Boston, MA The Peabody Companies was named the leading organization in diversity, equity & inclusion by the Massachusetts  Apartment Association (MAA) during its recent President’s & Achievement Awards ceremony held at Westin Copley Place. The annual event honors the hard work, great service, and important skills within the multi-family housing industry.

West Bridgewater, MA C&C Reading Farm in Southeastern Massachusetts has a new owner following its sale. The 74-acre farm sold for $1.5 million with the personal property (farm equipment, etc.) sold for an additional $300,000. Terry Boyle of LandVest represented the seller. 

Woburn, MA R.W. Holmes said that Electric Supply Center (ESC) has leased an additional 18,634 s/f of industrial space at 205 Wildwood Ave., bringing the building to full occupancy. Mike Ogasapian, vice president at R.W. Holmes, worked on behalf of the property owner, Atlantic Management, marketing additional space before securing an expansion with ESC, who now occupies the entire 135,000 s/f building.

Boston, MA JLL bolstered its brokerage team with the hiring of two industry veterans with industrial investor and occupier relationships expertise. Rachel Marks is joining as managing director, and Chelsea Andre as vice president–both come to JLL from CBRE.

Newton, MA Caroline Petrovick has been promoted to director, academic sector at Elaine Construction Co. Petrovick joined Elaine Construction in 2017 bringing with her experience as both a practicing architect and a project manager in her role overseeing capital design and construction projects at Harvard University. 

“We try harder” was Roger Saunders’ answer to the question why he was able to succeed at Boston’s Park Plaza hotel (f/k/a the Statler Hilton) where Hilton had failed. Roger did not just try hard. He succeeded. And in spectacular fashion. Many of the elements of our current hospitality industry which we now take for granted were innovated by Roger.

Worcester, MA Shawmut Design and Construction joined Worcester Polytechnic Institute (WPI) to cut the ribbon on the Center for Well-Being, a model of wellness programming and support for the WPI campus community. Spanning 3,000 s/f, the visionary new center—designed by Lamoureux Pagano Associates | Architects—includes a welcome desk staffed by students serving as Peer Well-Being Ambassadors, staff offices, and a wellness hub with comfortable seating where students can connect or relax.

Woburn, MA HREC Investment Advisors arranged the sale of the 93-guestroom Holiday Inn Express North Woburn. Jamsan Hotel Management acquired the property.  HREC Investment Advisors exclusively represented Woburn Lodging, LLC.

Pembroke, MA Acella Construction Corp., now celebrating its 20th year in business, has named Saul Schrader as company president, following in the footsteps of Dave Dirubbo.

Alton, NH Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of Dollar General at 58 Suncook Valley Rd. Horvath & Tremblay exclusively represented the seller and procured the buyer