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Category: Owners Developers & Managers
Ground breaking held for the third phase of the Old Colony project
March 1, 2019
South Boston, MA One of the oldest federal public housing developments in the United States has begun the next stage of a decade-long transformation. Building on the 285 residences constructed since 2011 at The Anne M. Lynch Homes at Old Colony, a groundbreaking ceremony kicked off a third phase of redevelopment
One Source founder and CEO Lombardi joins New Haven board of JASWNE
March 1, 2019
Wallingford, CT ONE SOURCE Founder and CEO Nicholas Lombardi joined the New Haven Board of Junior Achievement of Southwest New England, Inc (JASWNE) as of February.
South Coast Improvement completes Brockton medical marijuana facility
March 1, 2019
Brockton, MA South Coast Improvement Co. (SCI) completed work on a $2.3 million renovation project to construct a medical marijuana dispensary at 1090 West Chestnut St. for Commonwealth Alternative Care. Hedrick Brothers Construction was the project manager.
AmeriCann tops off Building 1 of its Mass. Medical Cannabis Center
March 1, 2019
Freetown, MA AmeriCann, Inc., a cannabis company that is developing cultivation, processing and manufacturing facilities provided a construction update for its flagship Massachusetts Medical Cannabis Center (MMCC.)
Landlord’s guide to navigating the changing marijuana laws - by Frank Flynn
March 1, 2019
Imagine you are the landlord of a commercial office building in New England. The latest business and your newest tenant is a startup called Help You Grow, which describes itself as a marijuana dispensary consulting firm. You entered into a standard commercial lease with Help You Grow and they have begun operating their business in your building.
Best practices for securing a cannabis facility - The five D’s: Deter, detect, deny, delay and def...
March 1, 2019
The cannabis industry has a significantly higher risk profile than other industries, and accordingly requires significant thought in order to properly secure a cannabis facility. Securing a cannabis facility requires a sophisticated plan of action to ensure inventory, personnel, logistics, and cash are secure and in compliance.
BudTrader.com has surpassed two million registered users
March 1, 2019
Boston, MA BudTrader.com, one of the world’s largest cannabis marketplaces in the U.S., has surpassed two million registered users and continues to reach milestones at a faster rate than any comparable site in cannabis or tech. BudTrader surpassed major cannabis sites Weedmaps and Leafly in user registration.
Invesco Real Estate purchases 17-story The Harlo for $150 million - sold by Skanska, in partnership ...
March 1, 2019
Boston, MA Skanska, in partnership with PGIM Real Estate, has divested its multi-family development The Harlo to Invesco Real Estate, a global real estate investment manager. Skanska developed and built The Harlo, a 17-story, 183,000 s/f tower with 212 boutique apartments and retail space in the Fenway neighborhood
The New England Real Estate Journal to host the Cannabis in CRE 2019 Summit on March 7
March 1, 2019
Needham, MA The New England Real Estate Journal (NEREJ) will host the Cannabis in CRE 2019 Summit on March 7 at the Sheraton Needham, 100 Cabot St. To attend please register at: http://www.canncre.eventbrite.com.
Pascucci of Masiello Commercial Associates brokers $240,000 sale
March 1, 2019
Merrimack, NH Chris Pascucci of Masiello Commercial Associates has completed the sale of 23 Depot St. The property, owned by Carbert Properties was purchased by Industrial Solutions. Mark Prolman, of Prolman Realty represented the buyer.
Cannabis real estate is now a big business - by Rick Kaplan
March 1, 2019
If someone told me 10 years ago the cannabis business will be as big as the tech industry, I would asked them if they were high. We are now in 2019 and many states have either legal medical or both legal and recreational cannabis.
Ellis Realty Advisors completes $1.71 million sale of 21,000 s/f building - reps sellers, C & C Rea...
March 1, 2019
Norwell, MA Ellis Realty Advisors has completed the $1.71 million sale of 101 Accord Park Dr., a 21,000 s/f office building redevelopment. Managing partner, David Ellis represented the sellers, C & C Realty Trust and procured the buyer, Michael Juliano of Norwell Park, LLC
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