Category: Owners Developers & Managers

Brady Sullivan Properties pledges $78,750 to Palace Theatre project with Community Development Finance Authority

Brady Sullivan Properties pledges $78,750 to Palace Theatre project with Community Development Fin...

July 19, 2019
Manchester, NH Brady Sullivan Properties has pledged $78,750 towards the Palace Theatre Trust’s project with the Community Development Finance Authority (CDFA), which has helped fund the redesign of the theatre entrance
Pierce of Marcus & Millichap brokers sale of three props totaling $4.04 million

Pierce of Marcus & Millichap brokers sale of three props totaling $4.04 million

July 19, 2019
Worcester, MA Marcus & Millichap completed the sales of 43 & 49 Austin St., 24 Fruit St. and 373-375 Pleasant St. According to John Horowitz, regional manager of the firm’s Boston office, the assets sold for an aggregate value of $4.04 million.
AmeriCann provides outlook on today’s senate hearing to improve financial access for cannabis companies

AmeriCann provides outlook on today’s senate hearing to improve financial access for cannabis comp...

July 19, 2019
Freetown, MA AmeriCann, Inc., a cannabis company that is developing state-of-the-art cultivation, processing and manufacturing facilities, commented
Brooks Properties sells 80,000 s/f property to New Balance Athletics for $8 million - plans to convert into a manufacturing facility

Brooks Properties sells 80,000 s/f property to New Balance Athletics for $8 million - plans to conve...

July 19, 2019
Methuen, MA Brooks Properties of Salem, NH, has completed the $8 million sale of its 80,000 s/f building located at 596 Lowell St. to New Balance Athletics. New Balance has plans to convert the building to an advanced manufacturing facility
The Community Economic Development Assistance Corp. celebrates opening of the 25-unit Blanchard School Apartments in Uxbridge, MA

The Community Economic Development Assistance Corp. celebrates opening of the 25-unit Blanchard Scho...

July 19, 2019
Uxbridge, MA The Community Economic Development Assistance Corp. (CEDAC) joined Virginia Blanchard Memorial Housing Association (VBMH) and Jon Juhl of JNJUHL and Associates to celebrate the grand opening and ribbon cutting for Blanchard School Apartments
Bergin of Pearce Real Estate closes 56,000 s/f lease

Bergin of Pearce Real Estate closes 56,000 s/f lease

July 19, 2019
Milford, CT John Bergin, senior commercial specialist with Pearce Real Estate, has completed a long-term lease for 56,000 s/f of warehouse space. Meribaer Productions, Inc., doing business as Meridith Baer Home (MBH), headquartered in California,
We support commercial real estate for 57 years - by Rick Kaplan

We support commercial real estate for 57 years - by Rick Kaplan

July 19, 2019
The New England Real Estate Journal was started in 1962 by Roland Hopkins. The Journal has given anyone connected to the commercial real estate (CRE) industry, a forum to publish their news. For 57 years brokers, developers, construction, appraisers, lawyers, and many others
The hotel industry in New England  will continue to do well through 2019 - by Earle Wason

The hotel industry in New England will continue to do well through 2019 - by Earle Wason

July 19, 2019
As expected the hotel industry in New England will continue to do well through 2019. We are enjoying the longest economic expansion of my 46 year career in the real estate business. The question asked so often is “How much longer can this last?”
Cantalupa named chief development officer and senior vice president at Benchmark

Cantalupa named chief development officer and senior vice president at Benchmark

July 19, 2019
Waltham, MA Benchmark has appointed Michael Cantalupa as chief development officer and senior vice president. He is well-known in the real estate industry for his more than 30-year career at Boston Properties where he developed 12 million s/f of complex
MassHousing closed on $32.8m financing to to the Madison Park Development Corp. for 131-unit Haynes House

MassHousing closed on $32.8m financing to to the Madison Park Development Corp. for 131-unit Haynes ...

July 19, 2019
Roxbury, MA MassHousing has closed on a total of $32.8 million in affordable housing financing to the Madison Park Development Corp. (MPDC), for the preservation of affordability and property rehabilitation at the 131-unit Haynes House
Colliers hires Carucci as an associates in Boston

Colliers hires Carucci as an associates in Boston

July 19, 2019
Boston, MA According to Colliers’ executive managing director and market leader David Goodhue, the company has hired Daniel Carucci as an associate. Carucci joins Colliers from Newmark Knight Frank where he most recently worked as a senior research
Massachusetts paid family and medical leave - by Joseph Bartulis

Massachusetts paid family and medical leave - by Joseph Bartulis

July 19, 2019
The purpose of this article is to notify employers what they need to do now to comply with the first aspects of the Massachusetts Paid Family and Medical Leave Act (PFML). Thanks to a recently implemented three-month extension, the new law takes effect on October 1.