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Category: Owners Developers & Managers
Hughes of New Dover Associates, Inc. reps CIL Walkers LLC in $6.5 million sale - Aron of KeyPoint Pa...
June 21, 2019
Reading, MA Scott Hughes, president of New Dover Associates, Inc., represented the buyer, CIL Walkers LLC, in the sale of 39 and 45 Walkers Brook Dr. The property sold for $6.5 million.
Wise of WRE Commercial and Levy of The MEG Cos. handle 12,342 s/f lease to Dollar Tree
June 21, 2019
Londonderry, NH Dollar Tree has executed a lease for 12,342 s/f at the Apple Tree Shopping Center. Dollar Tree plans to open this summer. Since purchasing the Shopping Center in July 2018, Vernco Apple, LLC has invested over $3 million in renovations
U.S. Pavement hosts Pledge to Hire Veterans event at Fenway Park
June 21, 2019
Boston, MA It was another beautiful day at Fenway Park for the 7th annual U.S. Pavement Services’ Pledge to Hire Veterans Red Sox game. Being the largest game yet, on May 11th, U.S. Pavement hosted a total of 406 people
Project of the Month: Dacon Corp. and Scannell Properties complete renovation of 371,778 s/f package...
June 21, 2019
Quincy, MA Dacon Corp. in collaboration with Scannell Properties, has completed the renovation of a 371,778 s/f package distribution center in the city’s Marina Bay area. This is Dacon’s fifth project with Scannell.
The difference between brown and white eggs is... - by Stanley Hurwitz
June 21, 2019
During grocery shopping, we’re confronted with thousands of marketing ploys and gimmicks designed to convince you to reach for this product instead of that. Many food makers use red graphics on packaging because red heightens nerve impulses and increases the heart rate.
Triglione of Nordlund Associates handles 65,000 s/f lease to Mersen-USA
June 21, 2019
Newburyport, MA According to Nordlund Associates, Mersen-USA has signed a new lease to stay in their current facility located at 374 Merrimac St.
Performance termination clauses in hotel management agreements - by Joshua Bowman
June 21, 2019
While hotel owners and operators have many areas of common ground, their interests are not always 100% aligned. For example, with few exceptions, the owner will end up with the lion’s share of the profit. This is because in most cases, base management fees are calculated using gross revenues
Windover Construction honored with Diamond level STEP Award
June 21, 2019
Beverly, MA Windover Construction was honored the Diamond Safety, Training, and Evaluation Process (STEP) award from Associated Builders and Contractors of Mass. (ABC) and Gould Construction for the third consecutive year.
Rubenstein signs 134,000 s/f lease to Raytheon Co.
June 21, 2019
Tewksbury, MA Rubenstein Partners, L.P. has completed a 134,000 s/f, seven-year lease for Raytheon Company at the Center at Innovation Dr., a 706,000 s/f office, manufacturing, and flexible-use complex.
Kelleher, Pentore and Girolamo of Horvath & Tremblay broker $4.05 million sale of 30-unit property
June 21, 2019
Lynn, MA Dennis Kelleher, John Pentore and Stephen Girolamo of Horvath & Tremblay have completed the sale of 653-659 Western Ave. The 30-unit deal consists of a 14-unit residential building
Bridgewater Savings Bank hires Tansey as vice president and bank secrecy act officer
June 21, 2019
Raynham, MA Bridgewater Savings Bank (BSB) has hired Denise Tansey as vice president and bank secrecy act officer. Tansey joins BSB with 10 years in the banking industry as a bank secrecy act officer.
Primer to mitigating risks when paying on commission - by Scott Regan
June 21, 2019
All employers should be aware of the Massachusetts Wage Act. The Wage Act is intended to prevent employers from improperly withholding their employees’ earned wages. As detailed below, even a potentially good faith misunderstanding of the law can result in serious consequences for employers.
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