Category: Owners Developers & Managers

Newton, MA During fall of 2018 Rob Nahigian, FRICS, SIOR, CRE, MCR of Auburndale Realty Co., was invited and spoke at a number of regional commercial real estate events throughout the U.S. as an industry subject matter expert and commercial industry thought-leader. 

Billerica, MA Rob Nahigian, FRICS, SIOR, CRE, MCR of Auburndale Realty Co., completed a counseling assignment on the lease renewal of KinderCare and WF Lacey &Sons, Co. Nahigia represented WF Lacey as the landlord’s real estate advisor in the negotiations of this long-term lease renewal

Cambridge, MA CBRE has secured a $120.2 million loan for the owner of Zinc Apartments, a 392-unit multifamily property. The class A+ LEED Silver certified high-rise community is located at 22 Water St., adjacent to the new Lechmere Station, a light rail station run by the Massachusetts Bay Transportation Authority (MBTA) slated to open in 2021.

Cambridge, MA East Cambridge Savings Bank was named one of the top 100 women-led businesses in Massachusetts by The Commonwealth Institute (TCI), a Boston-based organization that aims to increase the number of women in corporate leadership positions.

Marlborough, MA Newmark Knight Frank (NKF) completed a 40,718 s/f lease to ExaGrid Systems, Inc. at 350 Campus Dr., located within the Campus at Marlborough. NKF executive managing director J.R. McDonald and director Tyler McGrail represented the owner, Hines. ExaGrid signed the long-term lease for its new corporate headquarters.

The on-demand economy we live in has conditioned people to expect to have what they want or need now. Rides, tools, labor, food, a place to stay...you name it and it can be “on the way.” Should owners, investors, and managers of commercial, office, and multi-unit residential properties have the same standard? Can commercial contractors meet or even approach an “on demand” expectation as we head into 2019?

Chelsea, MA Dennis Kelleher and John Pentore of Horvath & Tremblay completed the sale of a 52-unit portfolio. Kelleher and Pentore exclusively represented the seller, Chiron-Mass LLC and procured the buyer, Maverick Chelsea LLC to close the portfolio at a sale price of $6.956 million.