Category: Owners Developers & Managers

East Boston, MA New York Life Real Estate Investors, on behalf of New York Life Insurance Company, completed the $97 million financing of Portside II at East Pier, a 296 unit, multifamily property. The borrower is a wholly owned subsidiary of Mack-Cali Realty Corp.

Southington, CT Ralph Calabrese and Tony Valenti of the R. Calabrese Agency, LLC completed the $1.075 million sale of 1850 West St. The fully occupied two story office building houses a daycare in the upper level and a chiropractor and art studio in the lower level.

Gloucester, MA Windover Construction completed construction of a biotechnology laboratory and office building at 417 Main St. Owned and operated by Back Shore LLC, the 18,500 s/f facility is situated within the designated port area of the town’s historic waterfront and will be dedicated to tenants focused on marine research uses.

Cambridge, MA The Harvard Center for Green Buildings and Cities (CGBC) at the Harvard Graduate School of Design (GSD) has completed HouseZero, the retrofitting of its headquarters in a pre-1940s building into an ambitious living-laboratory and an energy-positive prototype for ultra-efficiency that will help to understand buildings in new ways. The design of HouseZero has been driven by radically ambitious performance targets from the outset...

CAI Legislative Action Committees (LACs) continue to watch and track legislative initiatives that impact condominiums in New England chapter states. The following is a recap of the past 12 months and a preview of what’s on the horizon for LACs in 2019. New Hampshire: New Hampshire lawmakers went back to work last August and the New Hampshire Legislative Action Committee (NHLAC) has been hard at work, as well since then. The committee’s priority again in the

Boston, MA When you think about IFMA your mind constantly goes to the great networking events such as the Holiday Gala and the Golf Tournament. IFMA’s main focus is to provide an avenue for facilities managers to learn and develop. In October IFMA Boston hosted a session for its Thought Leaders focusing on Creating a Roadmap to a Digital FM. Douglas Shapiro from Gartner led the discussion on how different software packages and other technologies

Canton, MA The Associated Builders and Contractors of Massachusetts (ABC-MA) has selected Bowdoin Construction as a Merit Award winner for the Reiser project. Work entailed a 46,000 s/f warehouse addition with an active rack system, and a new commercial showroom for food preparation. All work was completed while keeping the existing facility fully operational. Bowdoin was presented with the award at the Excellence in Construction Awards dinner held at the Westin in Waltham on November 1st. 

Dorchester, MA Historic Boston Inc. (HBI) has begun construction on the historic Upham’s Corner comfort station that will transform the neglected building into Sip ‘&’ Spoke, a café, bike repair shop and meeting place for the neighborhood.

Melrose, MA This holiday season, Metro Credit Union employees partnered with The Salvation Army in support of their Angel Tree program. The Salvation Army national holiday assistance program provides new clothes and toys for roughly 1 million children who otherwise may go without gifts. Donors select anonymous children (known as “Angels”) and fulfill their wish lists, which include a toy of the child’s choosing and sizes for essential winter clothes. 

Boston, MA Six new directors were elected to the MassEcon board at their annual meeting, along with the re-election of four board members and six directors named as officers and executive committee members. The new directors elected to the board of the 25-year-old pro-business nonprofit organization headquartered in Watertown, are: Tamara Small, CEO-elect of NAIOP; Theresa Conroy, vice president of TD

Pembroke, MA Acella Construction Corporation, now celebrating its 15th year in business as a leader in construction management throughout greater Boston, welcomed state senator Vinny DeMacedo on a tour of the company’s 38 Washington St. location and in recognition of the firm’s anniversary.

Over the last 12 months we have written several articles for NEREJ about Massachusetts’ new solar incentive program known as SMART. After much anticipation, the program opened for applications on November 26th. Although most people expected a robust number of applications, the flood of new projects was perhaps greater than expected and is strong evidence of the popularity of solar in the Bay State.