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Category: Owners Developers & Managers
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.
Project of the Month: Pugliese Contracting completes 25,000 s/f manufacturing facility in Billerica...
October 18, 2019
Billerica, MA Markforged, has completed the construction of their new 25,000 s/f manufacturing facility located at 4 Suburban Park Dr. The deal was brokered by Christopher Lawrence of JLL.
The unintended consequences of accommodating the commercial holdover tenant - by Noble Allen
October 18, 2019
It is almost never a good idea for a landlord to treat a commercial holdover tenancy with anything less than the urgency it deserves. While there may be certain nuances that might exist from jurisdiction to jurisdiction, this need for exigency is uniform in all jurisdictions.
New England cities rein in short-term rentals - by Ken MacKenzie and Chris Vaccaro
October 18, 2019
With beautiful mountains and coastlines, and world-class museums, universities, and hospitals, New England is perfectly suited for short-term rental programs such as those operated through Airbnb and similar web-based booking agents.
Horvath & Tremblay handles $13 million sale of The Shopping Center at Home Depot Plaza
October 18, 2019
Plymouth, MA Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of The Shopping Center at Home Depot Plaza. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete
Legacy Real Estate Ventures hires Price
October 18, 2019
Boston, MA Legacy Real Estate Ventures, LLC has hired Jen Price, bringing a second generation and additional investment capacity to their private investment firm. Price brings valuable experience in the industry having begun her career at
Calare Properties, Inc. relocates headquarters to Framingham
October 18, 2019
Framingham, MA Marking a period of continued growth and success, Calare Properties, Inc. has relocated its headquarters to 30 Speen St. The move reflects the firm’s need for expanded, modernized space in an accessible location.
Hughes of New Dover Associates represents landlord in 19,533 s/f renewal
October 18, 2019
Westborough, MA Scott Hughes, president of New Dover Associates, Inc., represented the landlord, 134 Flanders Road LLC in the lease renewal of 19,533 s/f of office and lab space at 134 Flanders Rd. to ConMed Corp.
Building Engines named #1 Property & Facility Management Platform
October 18, 2019
Boston, MA Building Engines has been chosen as the first place winner in the Property & Facility Management category for the sixth annual CREtech Real Estate Tech Awards (#RETAS), presented by CREtech and JLL Spark.
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