Category: Owners Developers & Managers

Salem, MA North Shore Realty Advisors Inc., as exclusive agent, has brokered the sale of 31 Perkins St. This oversized nine unit 4-story red brick building boasts an ideal unit-mix of one one-bedroom, four two-bedrooms and four three-bedrooms with eight surface parking spots and is a total of 12,133 s/f.

Boston, MA Lee Kennedy Co. has been managing campus improvement projects at Simmons University for more than 20 years, and recently completed construction of the University’s new science center and library within Lefavour Hall and the West Wing of the main college building.

Windsor, CT Maugel DeStefano Architects has completed the base building at Condyne Capital Partners’ Baker Hollow Logistics Center. Located on a 15-acre site, 105 Baker Hollow Rd. is a 165,625 s/f class A high-bay facility constructed using tilt-up concrete walls. The design provides flexibility

What is building electrification? Electrification is the process of transitioning building systems, processes, and components to be powered by electricity rather than by various fossil fuels like oil or natural gas and can be a critical component in efforts to reduce carbon emissions.

Salem, MA DJSA Architecture, along with Essex Builders Corp. and LAR Properties, LLC recently broke ground on a 124-unit luxury apartment development situated at 64 Grove St. adjacent to the North River Canal. Anticipated project completion will be in phases throughout 2024 and 2025.

Westfield, MA Jeremy Casey and Isaac Stewart of SR Commercial Realty brokered the sale of 539 North Rd., the Dion Label printing company. This industrial building consisted of 30,000 s/f of offices and manufacturing space.

Bedford, MA Hunneman has comleted a long-term lab & office lease at 36 Crosby Dr. The Hunneman team of Patrick Grady, Jim Boudrot and Steve James represented the tenant, PharmaEssentia, and the landlord was Anchor Line Partners. PharmaEssentia, headquartered in Taipei, Taiwan, leased the 11,675 s/f space to serve as their new PharmaEssentia Innovation Research Center (PIRC).

Framingham, MA Dennis Kelleher, John Pentore and Ryan Benton of Horvath & Tremblay have completed the sale of the Arlington Commons, a 56-unit apartment complex. The desirable asset sold for $13.615 million and $243,125 per unit.

Norwalk, CT According to Clarion Partners LLC and Marcus Partners two new tenants will be relocating to Merritt 7. Consumer products marketing company MBI Inc. will lease 32,648 s/f in the upgraded Building 501, while specialty distribution firm LBB Specialties LLC (LBBS) will occupy 25,118 s/f in the newly renovated Building 601.

Wilmington, MA Nordlund Associates has completed the sale of 619 Main St. This 7,345 s/f industrial warehouse is situated on 0.63 acres with direct frontage on Rte. 38. The property sold for $1.275 million which equates to $174 per s/f.

Portland, ME Port Property, a locally-owned and operated development and management company, presented the identity of its newest mixed-use community within the city’s West Bayside neighborhood – The Armature at Hanover Works.

Westfield, Ma Vice president Jason Curtis has been appointed as Tighe & Bond’s building services business line leader. Curtis is a registered professional engineer in several states and a LEED Accredited Professional. Before taking on his current role, he served as technical director for the business line and oversaw key initiatives for the firm, while also successfully developing and managing a large portfolio of clients.