Category: Owners Developers & Managers

Worcester, MA NAI Glickman Kovago & Jacobs facilitated the $3.625 million sale of 70 Goldstar Blvd., the site of a former Volvo dealership, on January 31, 2023. NAI Glickman Kovago & Jacobs principal Michael Jacobs represented the seller, Gallo Realty Co., Inc. Andrew Bonica of Eastern Retail represented the buyer, Parkingway Management LLC of Jamaica Plain, Mass. 

Braintree, MA According to the Peabody Companies, Olayinka Kuye-Romelus has been named as director of operations, with an assigned portfolio encompassing the Boston region.

Ashland, MA Bret O’Brien and James Keefe of Greater Boston Commercial Properties, Inc. completed two sales totaling $1.9 million.  In the first transaction, the O’Brien/Keefe team represented the seller and procured the buyer in the sale of 1.7 acres on the corner of Megunko Rd. and Cherry St.

Billerica, MA Newmark has completed the 30,665 s/f R&D lease for ASMPT AEi–a global leader in the automotive camera active alignment market–at 101 Billerica Ave. in the Axis Park North campus. Newmark senior managing director Rory Walsh and executive managing directors Richard Ruggiero, Torin Taylor and Matthew Adams represented the landlord

Boston, MA Redgate has expanded its senior leadership team with the hiring of Laura Gregoriadis, who will serve as the company’s first chief financial officer, Sharon Lavery, Redgate’s first senior director of human resources and culture, and Brian Mueller, who joins the company as vice president of asset management.

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 fourth quarter market report and forecast for 2023, reporting a shift towards tenants in the office market for the first time in five years, continued activity in the industrial sector, and an expectation that investment sales will pick up by Q3 2023.

Gloucester, MA City Kids, a youth education nonprofit created by City Realty Group, donated 20 Chromebooks to Action Inc., a local nonprofit and community action agency. For more than 50 years, Action Inc. has been a champion for the people and communities of Cape Ann.

Revere, MA Helge-Gansett sponsored the Revere Police Activities League (PAL) Youth Basketball Tournament held at Revere High School. Helge-Gansett provided a donation for the tournament and to support upcoming programs benefiting local youth.

Boston, MA To spread holiday cheer, members of The International Brotherhood of Electrical Workers (IBEW) Local 103 donated thousands of new toys and articles of winter clothing to children and families in Boston and Lawrence.  The Holiday Toy Drive is an annual tradition at IBEW Local 103 to give back to the communities where their members live and work. 

Holliston, MA  In honor of Veterans Day, Wayne J. Griffin Electric, Inc. (Griffin Electric) donated hundreds of personal care items in benefit of veterans and their families through Project New Hope. A leading electrical subcontractor throughout New England and the Southeast for nearly 45 years, Griffin Electric was proud to partner with this military-affiliated non-profit organization and support veterans of the U.S. Armed Forces. 

North Haven, CT According to Nanette Pastore, president of Pearce Real Estate, the Pearce Realtors made and donated Thanksgiving holiday baskets. The 25 baskets are actually foil roasting pans festively wrapped and filled with all the Thanksgiving staples plus a grocery gift card to purchase a turkey.

Reading, MA The property at 25-27 Minot St. was sold on December 29th, 2022, for $2.445 million. The property is a 12-unit two building multifamily complex.