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Category: Owners Developers & Managers
Cyrier of MANSARD brokers $3.1 million sale of 585 Middlesex St. in Lowell, MA
October 28, 2022
Lowell, MA MANSARD completed the sale of 585 Middlesex St. from Nokode, LLC to Catapult & Cannon, LLC. The property sold for $3.1 million. The sale demonstrates the value that LEED Gold properties possess in today’s market as well as confidence in the city’s
Greatland Realty and Long Wharf Capital acquire two buildings in Lexington, MA
October 28, 2022
Lexington, MA Greatland Realty Partners and Long Wharf Capital have partnered to acquire two buildings. Located at 25 and 40 Hartwell Ave., the fully-leased buildings include 65,000 s/f of lab and office space. “We are thrilled to add 25 and 40 Hartwell Ave. to our growing portfolio of buildings located in Lexington
The Stubblebine Co. facilitates $3.1 million sale of 183,300 s/f building
October 28, 2022
Attleboro, MA David and James Stubblebine and Aaron Smith of The Stubblebine Company represented the seller, ACCBLDG 1 LLC, and directly procured the buyer, True Storage LLC, in the sale of 34 Forest St., for $3.1 million.
Klebes promoted to VP of preconstruction and estimating at Acella
October 28, 2022
Pembroke, MA Acella Construction Corp. promoted Ryan Klebes, LEED AP to the position of vice president of preconstruction and estimating. Klebes is the longest-tenured employee at Acella, having started with the company in 2003.
JLL Capital Markets closes $47 million sale of 36-building, 114-unit portfolio located in East Bosto...
October 28, 2022
East Boston, MA JLL Capital Markets has closed the $47 million sale of a 36-building, 114-unit, multi-housing portfolio. JLL represented the seller, a joint venture between The Grossman Companies and Hodara Real Estate Group. East Boston Community Development Corp.
The Associated General Contractors of Mass. present availability of scholarships
October 28, 2022
Boston, MA The Associated General Contractors of Massachusetts (AGC MA) has released the availability of scholarship funding for college students enrolled in construction or civil engineering degree programs,
MassDevelopment and Fidelity Bank provide $2.9m to Mass Ave Rentals
October 28, 2022
Gardner, MA MassDevelopment has partnered with Fidelity Bank to provide a $2.9 million loan to Mass Ave Rentals, LLC (MAR), led by developer Gary Lorden. MAR will use funds to renovate and convert two vacant commercial buildings at 42-50 and 52 Parker St.
Greater Boston Commercial Properties completes $8m sale of Monahan’s Marine
October 28, 2022
Weymouth, MA Bret O’Brien and Nishan Papazian of Greater Boston Commercial Properties Inc. of Northborough represented the seller in the portfolio sale of 390, 396, & 396 Rear Washington St. as well as the business Monahan’s Marine
R. W. Holmes brings Raynham spec industrial building to 100% leased before completion
October 28, 2022
Raynham, MA R.W. Holmes has arranged nine leases for Ryan Industrial Park’s 67,000 s/f new spec industrial building at 50 Ryan Dr., making it fully leased prior to completion. Among the recent leases signed that brought the building to full occupancy was a lease with Floors & Walls for 13,000 s/f.
Whether building new or buying now, greener homes have short and long-term benefits that shouldn’t...
October 28, 2022
Renewable energy is more affordable, accessible, and valuable to homeowners than ever before. According to the US Department of Energy, solar energy production has soared from .34 gigawatts (GW) in 2008 to more than 97 GW today. The cost to install solar panels fell by more than 70% since 2014,
Suffolk Technologies creates BOOST program for start-ups
October 28, 2022
Boston, MA The construction industry is faced with a unique set of challenges in response to current economic conditions. Among increasing project complexities and a growing urgency for sustainable development, owners and contractors are confronting labor shortages
Dellbrook One Way completes demolition at the site of Benjamin Franklin Cummings Institute of Techno...
October 28, 2022
Roxbury, MA Dellbrook One Way, a joint venture between Dellbrook|JKS and One Way Development, has completed the demolition of a long-vacant warehouse in the city’s Nubian Sq., to prepare for construction of the Benjamin Franklin Cummings Institute of Technology
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