Category: Owners Developers & Managers

Westport, CT Vidal Wettenstein LLC has completed the sale of 877 Post Rd. for $10.5 million. This 30,000 s/f two-story retail/office plaza was developed and locally owned and operated since 1970 by Rosenfeld Realty & Development.

Cambridge, MA FinanceBoston has arranged senior pre-construction financing for an 18-unit luxury condominium project in the East-Cambridge section of the city. The development is located on Cambridge St., a primary thoroughfare providing access to MIT, Kendall Sq. and Cambridge Crossing.

Boston, MA MassDevelopment has issued a $29.21 million tax-exempt bond on behalf of the nonprofit CIL Realty of Massachusetts, Inc. (CILRM), which will use bond proceeds to buy, construct, and/or renovate 27 community residences for developmentally disabled individuals

Glastonbury, CT According to The S/L/A/M Collaborative (SLAM) Tanya Cutolo, AIA, LEED AP and Ross Spiegel, FAIA, FCSI, CCS, CCCA, LEED AP have been appointed to the following boards

North Andover, MA Colliers International’s Boston-based Capital Markets group has secured $9.62 million of financing to recapitalize Berkeley Partners’ $14.8 million all cash purchase of 25 Commerce Way.

Boston, MA The Davis Cos. has hired Rickie Golden as vice president of development. In this position, Golden will focus on permitting efforts for several city development projects.

Lexington, MA Hunneman completed a long-term lease transaction on behalf of Reveneer, Inc. at 10 Maguire Rd. Reveneer is relocating from 10 State St. in Woburn. Hunneman’s Jim Boudrot, Steve James and David Gilkie represented the tenant.

There is a lot of buzz around blockchain technology and cryptocurrency. Blockchain technology has potentially limitless applications outside of Bitcoin. It could modernize the way we do business. It offers a more secure and transparent system of recording transactions, with the potential to maintain land records, automate acquisitions, manage leases, and more.

Norwell, MA Debra Marazzo, portfolio manager for Eastport Real Estate Services, oversaw a relocation project for Children’s Melanoma Prevention Foundation, a non-profit educational foundation for children and adults located at 75 Washington St. 

Providence, RI Boston Realty Advisors has opened a commercial real estate brokerage office in Providence. The new office will be managed by industry veteran Christopher Bilotti and will serve Providence and southeast Massachusetts.

Salem, NH Cushman & Wakefield was chosen as the exclusive leasing agent for the offices at Tuscan Village. Tuscan Village, one of New England’s newest premier mixed-use destination totaling 2.8 million s/f, will include 800,000 s/f of retail shops, a health club, two hotels with conference facilities, 800 residential units, an entertainment district and numerous dining options.