Category: Owners Developers & Managers
The Davis Companies secures 75,118 s/f in leases at two properties
April 23, 2021
Waltham, MA The Davis Companies has secured new leases totaling 75,118 s/f between two of its premier Boston-area office properties: Cityside in Waltham and One Cabot Rd. in Medford. At Cityside, longtime tenant Bank of America is leasing an additional 23,330 s/f of expansion space, bringing its total occupancy at the property to 118,222 s/f.
Cummings Properties appoints Halsey as leasing manager
April 23, 2021
Woburn, MA Full-service commercial real estate firm Cummings Properties has appointed John Halsey as its leasing manager. Halsey will oversee the company’s business development efforts across 10 of the 11 suburban communities in which it operates.
JLL Capital Markets reps PGA Realty in $44.25 million sale
April 23, 2021
Wilmington, MA JLL Capital Markets has closed the $44.25 million sale of a four-property flex/industrial portfolio totaling 156,276 s/f in Wilmington and Methuen. The portfolio also includes a fully entitled development site supporting up to 235,040 s/f of new construction.
CBRE arranges sale of nine building industrial portfolio
April 23, 2021
Wilmington, MA According to CBRE, BentallGreenOak (BGO) has acquired a nine-building, 700,000 s/f industrial portfolio in Mass. and N.H. A CBRE team led by Chris Skeffington and Scott Dragos represented the seller, Novaya Real Estate Ventures,
Stubblebine Co. sells six industrial buildings in Billerica for $11.935m
April 23, 2021
Billerica, MA The Stubblebine Company negotiated the sale of six industrial buildings in six different transactions: 13 Sterling Rd. (38,900 s/f); 3 Esquire Rd. (15,744 s/f); 11 Republic Rd. (3,800 s/f); 2 Republic Rd. (6,000 s/f); 0 Republic Rd. (1 acre land site); and 9 Sterling Rd. (6,000 s/f) for an aggregate total of $11.935 million.
Griffin Electric celebrates inaugural graduating class of Wentworth associate’s degree program
April 23, 2021
Holliston, MA Wayne J. Griffin Electric, Inc. (Griffin Electric) held a breakfast graduation celebration for twelve of its employees, who finished their final classes and completed the requirements in December for their associate of Applied Science in Engineering Technology
IQHQ, Inc. and Meredith Management begin construction on $1 billion Fenway Center - to feature 960,0...
April 23, 2021
Boston, MA IQHQ, Inc., a premier life sciences real estate development company and local co-developer Meredith Management, began construction on the $1 billion Fenway Center development, a life science campus that will anchor a growing life science district between Kenmore Sq. and the Longwood Medical and Academic Area.
Dacon Corp. to create a 121,800 s/f new facility for Edwards Vacuum - located in the Broadway Busine...
April 23, 2021
Haverhill, MA Dacon Corp. is creating a 121,800 s/f new facility for Edwards Vacuum, a developer and manufacturer of sophisticated vacuum products, exhaust management systems and related services.
Ensuring the enforceability of a guaranty after the breach of the underlying lease - by Noble Allen
April 23, 2021
Consider this not too unfamiliar scenario in the age of COVID-19: Five years ago B.C. (Before COVID), the tenant, a limited liability company, signed a 10-year lease. By all accounts, both parties to the lease not only expected the tenant to crush it through the initial term
Greater Boston Commercial Properties sells Spencer Furniture building for $885,000
April 23, 2021
Spencer, MA Mitchell Stepien of Greater Boston Commercial Properties, Inc. represented the seller in the sale of 6 Olde Main St. The 26,858 s/f industrial building was sold for $885,000 to DL & Sons LLC, who will use the building as a showroom
City Realty Group gives back with Allston Brighton Community Development Corp. donation
April 23, 2021
Allston, MA City Realty Group, a community-focused real estate development company serving the Greater Boston area since 2004, has donated $10,000 to Allston Brighton Community Development Corp., an organization dedicated to addressing housing and development issues and building a stronger,
William Raveis Real Estate renews partnership as official real estate company of the Boston Red Sox
April 23, 2021
Boston, MA William Raveis Real Estate, Mortgage & Insurance (WRRE), has inked another multi-year partnership with the Boston Red Sox and Fenway Park. The independent brokerage first partnered with the legendary New England team three years ago as the first and only “Official Real Estate Company of the Boston Red Sox.
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