Category: Owners Developers & Managers

Nahigian of Auburndale Realty Co. completes counseling on sale

Nahigian of Auburndale Realty Co. completes counseling on sale

April 9, 2021
Marlboro, MA Rob Nahigian, FRICS, SIOR, CRE, MCR of Auburndale Realty Co., has completed a counseling assignment on the sale of Dawson Industrial Park at 50 Brigham St. The sale was completed from A.P. Dawson Realty Trust, LLC as the seller and Safety-Kleen Systems, Inc. as the buyer.
 Berkeley Investments purchases five building portfolio for $95.5m

Berkeley Investments purchases five building portfolio for $95.5m

April 9, 2021
Lawrence, MA Boston-based Berkeley Investments has closed on a $98.5 million purchase of a five-building portfolio consisting of three residential and two light industrial buildings along the Merrimack River.
V10 Development proposes a 21-story tower in Everett, MA

V10 Development proposes a 21-story tower in Everett, MA

April 2, 2021
Everett, MA A 21-floor residential tower with views of the Boston skyline, Assembly Row and Encore Boston Harbor that will feature a destination rooftop restaurant run by the Varano Family of Boston’s acclaimed Strega brand, has been proposed in the city. SKY Everett, developed by V10 Development in Boston, and designed by Context in Charlestown, will be the tallest residential building in the city
NB Development sells Boston Landing life science site for $67 million

NB Development sells Boston Landing life science site for $67 million

April 2, 2021
Allston, MA JLL Capital Markets has closed the $67 million sale of 60 Guest St., a land parcel fully approved for a life science development in the Boston Landing campus. LL represented the seller, NB Development Group, LLC, and procured the buyer, a partnership of Lendlease and Ivanhoé Cambridge.
Kelleher and Pentore of Horvath  & Tremblay sell nine-units for $3.3m

Kelleher and Pentore of Horvath & Tremblay sell nine-units for $3.3m

April 2, 2021
Waltham, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of a nine-unit multifamily building. The duo represented the seller and procured the buyer to complete the transaction at a sale price of $3.3 million, which is $366,667 per unit.
Product of the Month: Mass. and N.Y. commercial concrete  slabs are made beautiful with RenuKrete

Product of the Month: Mass. and N.Y. commercial concrete slabs are made beautiful with RenuKrete

April 2, 2021
Boston, MA When considering floor coverings for new or existing commercial structures such as building lobbies, retail, apartment buildings and more, cost estimators in New York and New England typically focus on the usual options: tile, carpeting, Terrazzo, vinyl, composite tile, and even paint, among others
Berkadia completes $95 million of the Merrimack Valley Portfolio, consisting of Mill 240 and Washington Mills

Berkadia completes $95 million of the Merrimack Valley Portfolio, consisting of Mill 240 and Washing...

April 2, 2021
Lawrence, MA Berkadia completed the $95 million sale of the Merrimack Valley Portfolio, consisting of Mill 240 and Washington Mills, two mid-rise former mill buildings developed into class A multifamily properties. 
Mass. Building Trades Council praises confirmation of U.S. Labor Secretary Walsh

Mass. Building Trades Council praises confirmation of U.S. Labor Secretary Walsh

April 2, 2021
Malden, MA The Massachusetts Building Trades Council released the following statement praising the U.S. Senate’s confirmation of incoming Labor Secretary Martin Walsh:
New England Cancer Specialists to anchor medical & research campus at Rock Row in Westbrook, ME

New England Cancer Specialists to anchor medical & research campus at Rock Row in Westbrook, ME

April 2, 2021
Westbrook, ME Marking one of the most significant achievements in the development of the 110-acre, $600 million Rock Row site, New England Cancer Specialists (NECS) will anchor a 200,000 s/f
LAN-TEL Comm. hires Kamborian as security sales executive

LAN-TEL Comm. hires Kamborian as security sales executive

April 2, 2021
Norwood, MA According to LAN-TEL Communications, a full-service low-voltage contractor specializing in tel/data, structured cabling and security system installations and service, Jacob Kamborian has joined the company
NEI General Contracting completes historic rehabilitation of a 55,000 s/f mill building and 15,000 s/f firehouse for First Resource Development

NEI General Contracting completes historic rehabilitation of a 55,000 s/f mill building and 15,000 s...

April 2, 2021
Springfield, MA NEI General Contracting has completed the historic rehabilitation of an existing 55,000 s/f mill building and adjacent 15,000 s/f firehouse for First Resource Development Corp. LLC. The renovation was designed by The
A silver lining coming from the COVID-19 crisis - by Rick Kaplan

A silver lining coming from the COVID-19 crisis - by Rick Kaplan

April 2, 2021
This column originally ran in the April 3rd, 2020 issue. I have been reading and listening to all the reporting on the COVID-19 and it is all bad news. It has got me thinking, which is never a good thing. Is there anything