Category: Owners Developers & Managers

Manchester-By-The-Sea, MA According to Wild Apple Homes, a general contractor building quality custom homes throughout Boston’s North Shore, Jay Somers has joined the company as project manager. Somers will be responsible for all phases of project management, including budget and financing, personnel, and compliance.

Cambridge, MA MassDevelopment has issued a $2 million tax-exempt bond on behalf of the International School of Boston Inc. (ISB), a bilingual French-American school serving students in preschool through 12th grade located at 45 Matignon Rd. The school will use bond proceeds to upgrade and equip its campus, including making improvements to classroom and lab space, the

Foxborough, MA Thirty-two second-grade students at the Foxborough Regional Charter School recently received early Christmas gifts – brand-new bicycles and helmets, courtesy of building contractor Suffolk, which were presented during a ceremony in the school gymnasium.

Boston, MA Newmark Knight Frank (NKF) has completed the $455 million all cash sale of 121 Seaport in the Seaport District, to a joint venture between American Realty Advisors and Norges Bank Real Estate Management. On behalf of Skanska, vice chairman Edward Maher, executive managing director Matthew Pullen and managing director James Tribble of NKF’s Boston Capital Markets team oversaw the transaction of the newly-constructed, 17-story, 400,342 s/f office tower.

Year’s end, and what a year it was. Taking a breather over retail happenings is really not possible these days as the retail world is still eternally trying to find the “new norm.” Regardless of whether or not there is or will ever be a new norm, there is constant conversation, alarming headlines, attempts at analysis, and reams of data on retail. 

Somerville, MA Bernard Gibbons of ABG Commercial Realty brokered the sale of 111-153 South St. for $13.5 million. The property was purchased by DLJ Real Estate Capital Partners from JJ Vacaro, Inc. 111-153 South St. is a 3.44 acre development site in the Boynton Yards area of the city, located south of Union Sq. and its new MBTA Green Line Extension Station. 

Stonington, CT Ceruzzi Holdings LLC completed the purchase of four acres of land in conjunction with Readco, LLC.  In August 2018, Ceruzzi and Readco received approvals for the development of a 25,000 s/f medical office building for Hartford HealthCare at 350 Liberty St. (Rte. 2), near the R.I. border. Construction of the facility commenced in September 2018 and is expected to be completed this summer.

Hudson, MA Tyler DeWolfe, senior vice president at Greater Boston Commercial Properties, Inc. represented the owner, 577 Main Street, LLC, in leasing 26,947 s/f to six different tenants at 577 Main St. These tenants include: 

Bedford, MA Columbia Construction Company completed construction of the new headquarters for Boston MedFlight, the non-profit critical care medical transport provider. The 54,000 s/f facility, located on the civilian side of Hanscom Field, consolidates all functions under one roof

Boston, MA The Building Owners and Managers Association (BOMA) of Boston is excited to kick off the New Year with a roundtable program on Tuesday, January 15th. The event will focus on property management excellence, moderated by 2019 BOMA Boston president J. Scott Rickards, vice president of property management, Lincoln Property Company. The participating panelists are all local 2018 TOBY & Industry Award Winners:

Waltham, MA Not left out of the headquarter expansion game, TG Gallagher will be moving its headquarters from Cambridge to 309 Waverly Oaks in Waltham in the spring. A move that will consolidate the company under one roof and provide the necessary space to support the company’s rapid growth.