Category: Owners Developers & Managers
New England and commercial real estate - by Rick Kaplan
October 25, 2019
Everyone has always focused on Boston as the spot that developers love to talk about, but that is changing. I travel throughout New England producing the NEREJ summits in all of the New England states and find plenty of exciting new developments going on everywhere.
Griffith and Pepdjonovic of Marcus & Millichap broker $3.6 million in sales
October 25, 2019
Roxbury, MA Marcus & Millichap has finalized the sales of 338-342 Warren St. and 74-76 Rockland St., according to John Horowitz, first vice president and regional manager of the firm’s Boston office.
Boylston Properties sign 34,500 s/f lease to Kymera
October 25, 2019
Watertown, MA According to Boylston Properties, Kymera Therapeutics has signed a lease for 34,500 s/f at Arsenal Yards’ new life science lab space. Life science companies are flocking to the city to secure space in the town’s biotech scene.
Sherman of Angel Commercial brokers $850,000 building sale
October 25, 2019
Fairfield, CT A two-story building located at 78 Unquowa Pl. in downtown, next to the train station has sold for $850,000. Brett Sherman, CCIM, senior vice president of Angel Commercial
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
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