Category: Owners Developers & Managers

Direct Federal Credit Union hires Ryan as senior vice president

Direct Federal Credit Union hires Ryan as senior vice president

March 4, 2022
Needham, MA Direct Federal Credit Union has appointed Greg Ryan as senior vice president of Commercial Lending. Ryan joins the credit union from Eagle Bank
Point2Point Global leases 4,800 s/f from Cummings Properties

Point2Point Global leases 4,800 s/f from Cummings Properties

March 4, 2022
Wilmington, MA Point2Point Global has relocated its Tewksbury and North Reading locations to 50-R Concord St., a Cummings Properties-managed building. The 4,800 s/f suite serves as both office
F.D. Rich Company sells three apartment communities they developed for $175m

F.D. Rich Company sells three apartment communities they developed for $175m

March 4, 2022
Stamford, CT F. D. Rich Company has completed the sale of three class A apartment communities that the company developed (with partners) totaling 422 units in size for $175 million.
The private real estate community can learn much from the Massachusetts Army National Guard - by Johanna Hall

The private real estate community can learn much from the Massachusetts Army National Guard - by Joh...

March 4, 2022
A hallmark of military agencies is that they have contingency plans which cover what to do in case the original plan does not work or in the event of an emergency. Much can be learned by the private sector from such planning. For example, Weston & Sampson is working with the Massachusetts Army National Guard
Project of the Month: Timberline Construction Corporation completes PUMA’s new 150,000 s/f  North American headquarters

Project of the Month: Timberline Construction Corporation completes PUMA’s new 150,000 s/f North ...

March 4, 2022
Somerville, MA Timberline Construction Corp. has completed the new PUMA North American headquarters located at Assembly Row. This location was chosen to combine PUMA’s two offices – one in Westford and one in downtown Boston – to accommodate approximately 450 of their employees.
SVN | Parsons brokers $8.8 million sale of 1 Rounder Way to ACCO Properties - Alvarado reps sellers, Plover Capital, LLC and Nils Anthony LLC

SVN | Parsons brokers $8.8 million sale of 1 Rounder Way to ACCO Properties - Alvarado reps sellers,...

March 4, 2022
Burlington, MA SVN | Parsons Commercial Group | Boston has completed the sale of a 40,000 s/f office/flex building on three acres at 1 Rounder Way to ACCO Properties, LLC for $8.8 million.
Piedmont Office Realty Trust sells 440,130 s/f property for $129 million - Newmark represents seller, Piedmont Office Realty Trust

Piedmont Office Realty Trust sells 440,130 s/f property for $129 million - Newmark represents seller...

March 4, 2022
Woburn, MA Newmark completed the $129 million sale of 225 & 235 Presidential Way, a two-building trophy office/research campus occupied by Raytheon Technologies. Newmark co-head of U.S. Capital Markets
Atlantic Commercial Real Estate completes $1.975 million sale

Atlantic Commercial Real Estate completes $1.975 million sale

March 4, 2022
Walpole, MA Atlantic Commercial Real Estate, LLC completed the sale of the 19,312 s/f warehouse building on a 1.28 acres lot, located at 36-40 Renmar Ave. to The Marion Group LLC
The Klein Group of Marcus & Millichap handles $10.6m in sales

The Klein Group of Marcus & Millichap handles $10.6m in sales

March 4, 2022
Taunton, MA Marcus & Millichap completed the sale of two industrial properties for $10.6 million. Harrison Klein, Mark Lyman and James Manning, investment specialists at The Klein Group
NAI Glickman Kovago & Jacobs facilitates $2m sale of 45 acres to Tree House Brewing Co.

NAI Glickman Kovago & Jacobs facilitates $2m sale of 45 acres to Tree House Brewing Co.

March 4, 2022
Charlton, MA Jeff Borus of NAI Glickman Kovago & Jacobs recently facilitated the sale of 45 acres at 7 - 13 Sampson Rd.
Pearce Real Estate names Top Producers for 2021

Pearce Real Estate names Top Producers for 2021

March 4, 2022
North Haven, CT Pearce Real Estate, has named the company’s Top Producers for 2021.
Norton of Horvath & Tremblay arranges $911,000 sale of a six-unit apartment building in Lowell, MA

Norton of Horvath & Tremblay arranges $911,000 sale of a six-unit apartment building in Lowell, MA

March 4, 2022
Lowell, MA Spencer Norton of Horvath & Tremblay has arranged the sale of a multifamily property. The six-unit apartment building closed for $911,000 at a 5.07% Cap Rate.