Category: Owners Developers & Managers

Maher, Pullen, Tribble and Hallowell of Newmark Knight Frank broker $69.2 million sale

Maher, Pullen, Tribble and Hallowell of Newmark Knight Frank broker $69.2 million sale

November 1, 2019
Boston, MA Newmark Knight Frank (NKF) has completed the $69.2 million sale of 100 Franklin St. on behalf of a partnership between Clarion Partners and Synergy Investments to a partnership between Independencia and Synergy Investments.
CTA Construction completes work on Benjamin Franklin Classical Charter School

CTA Construction completes work on Benjamin Franklin Classical Charter School

November 1, 2019
Franklin, MA CTA Construction completed the new Benjamin Franklin Classical Charter School (BFCCPS).  The new school, a project that has been nearly seven years in the planning, opened on-time for the 2019 – 2020 school year.
Nordblom Co. in partnership with Alcion Ventures acquire 60 Blanchard Rd. for $6.4 million

Nordblom Co. in partnership with Alcion Ventures acquire 60 Blanchard Rd. for $6.4 million

November 1, 2019
Burlington, MA Nordblom Co., in partnership with Alcion Ventures, has completed their acquisition of 60 Blanchard Rd., from JAM Holdings, Inc., for $6.4 million. The purchase includes a single-story commercial/flex building totaling
Mulvey joins Cresa as managing principal

Mulvey joins Cresa as managing principal

November 1, 2019
Boston, MA According to the local office of Cresa, Mark Mulvey has joined the firm as managing principal. In this role, Mulvey will bring his 20 years of experience on behalf of the firm’s occupier clients in the city, North America,
Aho Properties LLC, reps Assabet Nominee Trust in $525,000 purchase

Aho Properties LLC, reps Assabet Nominee Trust in $525,000 purchase

November 1, 2019
Concord, MA Joel Aho, president of Aho Properties LLC, represented Assabet Nominee Trust in the purchase of 2194 Main St., for $525,000.
O’Brien Commercial Properties, Inc. handles two sales totaling $3.7 million

O’Brien Commercial Properties, Inc. handles two sales totaling $3.7 million

November 1, 2019
Billerica, MA Sheauman Laser Inc. has purchased 5 Federal St. for $3 million. 5 Federal is a 60,000 s/f three-story brick and glass building located in a campus style office park off Rte. 3. Sheauman plans to retrofit the first and second floor
Market Square Architects PLLC hire Cheney and Ruby

Market Square Architects PLLC hire Cheney and Ruby

November 1, 2019
Portsmouth, NH Market Square Architects PLLC, has hired two new members to the firm. Sothea Cheney, AIA, was hired as a project architect and Rebecca Ruby was hired as a project manager.
Wood and Quinn of SVN | Parsons Commercial Group | Boston complete 5,000 s/f office/medical lease

Wood and Quinn of SVN | Parsons Commercial Group | Boston complete 5,000 s/f office/medical lease

November 1, 2019
Hudson, MA SVN | Parsons Commercial Group | Boston completed the recent lease of 5,000 s/f of office/medical space at 1 Cabot Rd. Advisor Alex Wood and senior advisor, Garrett Quinn, represented the tenant,
Cummings Properties signs lease with Sandymount Technologies for 6,948 s/f at Cummings Park

Cummings Properties signs lease with Sandymount Technologies for 6,948 s/f at Cummings Park

November 1, 2019
Woburn, MA Beer innovator Sandymount Technologies is preparing to move its base of operations from Somerville to a 6,948 s/f facility in Cummings Park.
Kane promoted to president and CEO of A.D. Makepeace Co.

Kane promoted to president and CEO of A.D. Makepeace Co.

November 1, 2019
Wareham, MA James Kane, COO of the A.D. Makepeace Co., has been promoted to president and CEO of the company. Kane will replace Michael Hogan, who will shift to direct the company’s Redbrook operations in Plymouth
Dacon answers child’s Make-A-Wish request: Designing a child’s wish via virtual reality

Dacon answers child’s Make-A-Wish request: Designing a child’s wish via virtual reality

November 1, 2019
Dover, MA Nurturing the imaginative mind is something every parent desires for their children. As an essential element for dexterity, cognitive and emotional strength, play enhances perceptual development, emotional growth and social interaction.
Using material price escalation clauses to mitigate risk in an uncertain political climate - by Ciotti and Dockery

Using material price escalation clauses to mitigate risk in an uncertain political climate - by Ciot...

November 1, 2019
Current economic conditions and recent changes to trade policy governing the importation of goods crucial to construction activities—aluminum, steel, fuel, etc.—have had a significant impact on the cost of these and other goods in recent years. As a result, owners and developers must be prepared with strategies to mitigate