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Category: Owners Developers & Managers
Skinner of Stubblebine Co. represents LPM Holdings in 8,425 s/f lease
October 25, 2019
Bolton, MA LPM Holdings, a foodservice company from Maynard, leased 8,425 s/f at 580 Main St. David Skinner from The Stubblebine Company represented the tenant and Nate Nickerson from O’Brien Commercial Properties
KeyPoint Partners negotiates sale of four building Newton mixed-use portfolio
October 25, 2019
Newton Highlands, MA KeyPoint Partners, LLC (KPP) has negotiated the sale of a four-building, multi-tenant mixed-use portfolio. KPP vice president of investment sales Jonathan Aron represented the seller and procured the buyer in the transaction.
Miller and Patalita of Lincoln Property Co. handle 9,000 s/f lease
October 25, 2019
Boston, MA Lincoln Property Company (LPC) has completed a lease renewal and expansion for The Family Reach Foundation in the city’s Back Bay. The nonprofit organization is located at 142 Berkeley St.
JLL brokers $63.5 million sale of the Ames Hotel for Invesco Real Estate
October 25, 2019
Boston, MA JLL has closed the sale of the Ames Boston Hotel, a 114-room historic hotel located in the city’s Financial District. JLL marketed the property on behalf of the seller, Invesco Real Estate
Columbia Property Trust to acquire Normandy Real Estate Management
October 25, 2019
Boston, MA Columbia Property Trust, Inc. has signed a definitive agreement to acquire Normandy Real Estate Management, LLC, a leading developer, operator and investment manager of office and mixed-use assets
Pushing back on proposed ACA penalties - Part 2 - by Michael Duffy
October 25, 2019
Although this limitation puts the possibility of an assessment out of the hands of an employer, the Obamacare subsidy requirement is an important limitation on the IRS’s power to impose the ESRP penalties. All 226-J Letters will contain a breakdown of the individual employees that received Obamacare
Gaining value from the sun: Appraisers and solar - by Elizabeth Youngblood
October 25, 2019
There has been an exponential increase in the installation of solar photovoltaic (PV) systems across the U.S. over the past decade, and Massachusetts is no exception. In 2006, there were several hundred solar systems installed, while today there are almost 100,000 systems
Capstone Apartment Partners arranges $28.8 million sale of SkyMark Tower
October 18, 2019
Worcester, MA Capstone Apartment Partners arranged the $28.8 million sale of SkyMark Tower, a 206-unit apartment building. Built in 1991, the 24-story tower consists of one and two-bedroom apartments, and was 98% leased at the time of sale.
Skanska signs Shell TechWorks to 43,821 s/f at Two Drydock - a 13-story, 230,000 s/f, class A office...
October 18, 2019
Boston, MA Skanska has signed a 43,821 s/f lease with Shell TechWorks, at Two Drydock, the firm’s sixth commercial development in the city. Shell TechWorks is an entrepreneurial research and development branch within Shell that was
Everett Place LLC sells 287,856 s/f asset for $34 million to to a joint venture between Berkeley Par...
October 18, 2019
Chelsea, MA Cushman & Wakefield (C&W) worked as exclusive advisor to Everett Place LLC, to complete the $34 million sale of 22 Willow St., to a joint venture between Berkeley Partners and the Seyon Group. C&W arranged the joint venture
Brooks Properties signs a 33,000 s/f lease with Pegasystems Inc. in Salem, NH
October 18, 2019
Salem, NH Brooks Properties signed a lease with Pegasystems Inc. (Pega), the software company empowering digital transformation at some of the world’s leading enterprises, to occupy 33,000 s/f at 1 Northeastern Blvd.
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