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Category: Owners Developers & Managers
Newmark completes sale of 217,592 s/f 11 Centennial Dr.
February 5, 2021
Peabody, MA Newmark has completed the sale of 11 Centennial Dr., a “last-mile” warehouse/distribution facility located 15 miles north of Boston. Comprising 217,592 s/f, 11 Centennial Dr. is fully occupied by Cardinal Health, one of the largest drug wholesalers in the United States. Cardinal Health utilizes the property as a regional distribution facility
Executive of the Month: Santos is the managing director of Performance Northeast Services, LLC
February 5, 2021
Boston, MA The New England Real Estate Journal (NEREJ) sat down with Lee Santos, this month’s executive of the month, for a question and answer session. Santos is the managing director of Performance Northeast Services, LLC.
Product of the Month: RenuKrete - Outdoors and indoors, restoring concrete floors to new life
February 5, 2021
Northborough, MA With warmer weather arriving in the not too distant future (one hopes!), many residential management firms and commercial property owners are planning for repairs that they may have put off “just one more year.”
Colliers International handles $23.3 million portfolio sale to The Grossman Cos. - includes Sherborn...
February 5, 2021
Medford, MA Colliers International completed the closing of a five building, 76-unit multifamily portfolio located in both Somerville and Medford for $23.3 million. The portfolio included Sherborn Court Apartments in Medford
Standard Communities completes first acquisition in Mass. - an apartment property and senior communi...
February 5, 2021
Methuen, MA Marking its first transactions in Massachusetts, Standard Communities, the affordable housing division of Standard Companies, has acquired Mills Falls Apartments in Methuen, a 97-unit mixed-income property
Hilco Redevelopment Partners and Redgate Capital Partners receive approval to redevelop the Edison P...
February 5, 2021
South Boston, MA Hilco Redevelopment Partners and Redgate Capital Partners, the real estate development partnership behind the redevelopment of L Street Station, received approval from the Boston Planning and Development Agency
Bowdoin Construction earns ABC EIC Award for The Revers Center
February 5, 2021
Weston, MA Bowdoin Construction Corp. was awarded an ABC Merit Award, representing work that stands above the rest, for its work on The Revers Center for Science and Visual Arts at The Rivers School. The Merit Award
National Development promotes Mayeux to vice president of the development group
February 5, 2021
Newton, MA According to National Development, Naomi Mayeux has been promoted to a vice president in the development group. Mayeux manages all aspects of the development process
Retail therapy: Stores in the time of COVID-19 - by Carol Todreas
February 5, 2021
Retail therapy is the pursuit of shopping to make one feel good, especially in times of stress. Coined in the 1980s when shopping became a national pastime and there were many more stores than today, shoppers flocked into stores and malls
Butler, St. John and McLaughlin of CBRE broker $72.7 million sale of Townhomes of Beverly, a 204-uni...
February 5, 2021
Beverly, MA CBRE has arranged the sale of Townhomes of Beverly, a 204-unit multifamily community located at 201 Broughton Dr., for $72.7 million. CBRE Capital Markets’ multi-housing experts Simon Butler
Confalone named president of The Greater Boston Association of Realtors
February 5, 2021
Cambridge, MA Dino Confalone, associate director of sales at Gibson | Sotheby’s International Realty, has been named president of The Greater Boston Association of Realtors. Confalone brings over 30 years experience
Cushman & Wakefield releases focus group and survey data from industry leaders on post-pandemic work...
February 5, 2021
Boston, MA Cushman & Wakefield released a report examining what industry leaders expect their future workplaces to look like in a post-pandemic environment following the anticipated successful distribution of the COVID-19 vaccination.
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