Category: Owners Developers & Managers

Leisure markets save the day for the hotel industry - by James O'Connell

Leisure markets save the day for the hotel industry - by James O'Connell

September 17, 2021
The leisure transient and leisure group segments saved our hospitality industry from disaster this summer. After a historically tough twelve months, families hit the road and gave hoteliers the boost that they needed!
Atlantic Commercial handles $1.725m sale and 2,525 s/f lease

Atlantic Commercial handles $1.725m sale and 2,525 s/f lease

September 17, 2021
Attleboro, MA Atlantic Commercial Real Estate, LLC brokered the $1.725 million sale of 676 Pleasant St., a 14,390 s/f industrial building used for automotive repair. The facility features high bay warehouse space
Wason Associates negotiates the sale of The Sunapee Lake Lodge to Lark Hotels

Wason Associates negotiates the sale of The Sunapee Lake Lodge to Lark Hotels

September 17, 2021
Newbury, NH Wason Associates Hospitality Real Estate Brokerage Group has completed the sale of the Sunapee Lake Lodge to Lark Hotels, an Amesbury, Mass.-based developer, and operator.
Benton of Horvath & Tremblay brokers $3.91m sale of two properties - 602-604 Cambridge St. sold for $2.25m and 9-11 Holton St. closed for $1.66m

Benton of Horvath & Tremblay brokers $3.91m sale of two properties - 602-604 Cambridge St. sold for ...

September 17, 2021
Allston, MA Ryan Benton of Horvath & Tremblay has completed the sale of two apartment buildings for $3.91 million. 602-604 Cambridge St. sold for $2.25 million and $562,500 per unit and 9-11 Holton St. closed for $1.66 million
Arrowpoint Properties sells 12-unit property for $2.01m - located at 120 Howard St. in Lawrence, MA

Arrowpoint Properties sells 12-unit property for $2.01m - located at 120 Howard St. in Lawrence, MA

September 17, 2021
Lawrence, MA Arrowpoint Properties has sold 120 Howard St. The property was purchased in 2017 for $950,000 and was sold off-market to a local owner for $2.01 million ($167,500 per unit).
Combined Properties, Inc. signs Miele Inc. to new 6,163 s/f lease

Combined Properties, Inc. signs Miele Inc. to new 6,163 s/f lease

September 17, 2021
Peabody, MA According to Combined Properties, Inc., Miele, Inc. has signed a 6,163 s/f lease at Two Corporation Way, a first-class office building in Centennial Park.
Dennett of Elite Group at KW Commercial brokers $835,000 sale for buyer, Centro Las Americas Inc.

Dennett of Elite Group at KW Commercial brokers $835,000 sale for buyer, Centro Las Americas Inc.

September 10, 2021
Worcester, MA Scott Dennett of the Elite Group at KW Commercial has completed the $835,000 sale of 7 Sycamore St. Elite Group acted on behalf of the buyer, Centro Las Americas Inc.
Newmark completes sale of 1 Van de Graaff Dr. Burlington, MA

Newmark completes sale of 1 Van de Graaff Dr. Burlington, MA

September 10, 2021
Burlington, MA Newmark completed the sale of 1 Van de Graaff Dr., a class A suburban office asset. Newmark co-head of U.S. Capital Markets Robert Griffin, vice chairman Edward Maher, executive managing director Matthew Pullen and managing director Samantha Hallowell
Delaney and Coakley of Cresa assist Vor Biopharma in lease expansion - Newmark represented the landlord, Longfellow Real Estate Partners

Delaney and Coakley of Cresa assist Vor Biopharma in lease expansion - Newmark represented the landl...

September 10, 2021
Cambridge, MA The Boston office of Cresa has negotiated a lease at 100 Cambridge Park Dr. for Vor Biopharma, a cell and genome engineering company pioneering engineered hematopoietic stem cell (eHSC) therapies combined with targeted therapies
The Davis Companies hires Mitchell as director of HR and DEI initiatives

The Davis Companies hires Mitchell as director of HR and DEI initiatives

September 10, 2021
Boston, MA According to the Davis Companies (TDC), Tanya Mitchell has joined the firm as director of human resources and DEI initiatives. In addition to her HR duties, she will play a leading role in advancing the firm’s environmental, social, and governance (ESG) agenda.
Langley Construction breaks ground on terminal project in Londonderry, NH

Langley Construction breaks ground on terminal project in Londonderry, NH

September 10, 2021
Londonderry, NH Langley Construction, a family-owned and operated general contractor and construction management firm with over three decades of experience, has started its latest project which is a vaulted terminal.
What is my business worth if I close? - by Dennis Serpone

What is my business worth if I close? - by Dennis Serpone

September 10, 2021
First, and most important, is the good will as indicated by sales…traffic through the door. Without traffic, without customers spending money, you don’t have a business…all you have is a facility.