Category: Owners Developers & Managers
Vaxess Technologies leases 10,000 s/f from Cummings Properties
December 3, 2021
Woburn, MA Biotechnology startup Vaxess Technologies held a grand opening for its brand new 3,600 s/f GMP manufacturing facility at Cummings Park. An expansion to 10,000 s/f is already underway.
The Conrad Group sells 10,000 s/f Little Sprouts Daycare - $4.125m
November 26, 2021
Hingham, MA The Conrad Group, Inc. brokered the sale of The Little Sprouts Daycare Center at 73 Abington St., for its owner, MDC Properties. The 10,000 s/f center was built two years ago on 5.5 acres.
JLL Capital arranges $6.46m sale of 67,544 s/f 8 Essex Center Dr.
November 26, 2021
Peabody, Ma JLL Capital Markets has closed the $6.46 million sale of 8 Essex Center Dr., a 67,544 s/f office property.
CBRE brokers $17.63m sale of 81,596 s/f light industrial building
November 26, 2021
Mansfield, MA CBRE arranged the sale of an 81,596 s/f light industrial building located at 120 Forbes Blvd. Brickman acquired the asset for $17.63 million. >Located within the 50-acre Cabot Business Park, one of the largest campus-style industrial parks in New England, 120 Forbes Blvd. is located at the junction of I-95, I-495 and Rte. 140.
Lincoln Property Company reps Electric Hydrogen Co. in 30,601 s/f relocation/expansion - 20,400 s/f ...
November 26, 2021
Natick, MA According to Lincoln Property Company (LPC Boston), Electric Hydrogen Co. has completed a 20,400 s/f lease expansion into Three Strathmore Rd. The full-building expansion comes only five months after Electric Hydrogen initially opened their eastcoast
Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore
November 26, 2021
While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
PUMA opens 150,000 s/f headquarters at Federal Realty’s Assembly Row - Designed by Gensler, built ...
November 26, 2021
Somerville, MA PUMA has officially opened its new North America headquarters at Assembly Row, bringing together the company’s approximately 450 employees from its two former offices in Boston and Westford, Mass.
MassDevelopment and Middlesex Savings Bank provide $4.1m tax-exempt bond for Accumet Eng. to build n...
November 26, 2021
Devens, MA MassDevelopment has issued a $4.14 million tax-exempt bond on behalf of Lake George Realty LLC, an affiliate of Accumet Engineering, Inc., which will use bond proceeds to buy a 3.1 acre parcel at 41 Lake George St.
Worth Avenue Capital closes $210,000 CRE loan
November 26, 2021
North Haven, CT Worth Avenue Capital, LLC closed a $210,000 CRE loan to a small business. The loan proceeds were used to consolidate the company’s business debt and the loan is secured by a first mortgage
Tapponi promoted to Village Bank branch manager
November 26, 2021
West Newton, MA Ghazwan Tapponi has been promoted to manager of the The Village Bank’s local branch. Tapponi joined The Village Bank’s retail team in January 2018 and quickly made an impact.
Campanelli completes sale of 2m s/f Business Park of Uxbridge
November 26, 2021
Uxbridge, MA Campanelli sold the final 64-acre parcel of the Business Park of Uxbridge (CBPoU). The property sold to investment funds managed by Morgan Stanley Real Estate Investing (MSREI)
Chacharone Props. rebrands former Allegro MicroSystems site
November 26, 2021
Worcester, MA The former Allegro MicroSystems property at 115 NW Cutoff, has been rebranded as the I-290Connector by Chacharone Properties.
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