Category: Owners Developers & Managers

Improvement or construction exchanges under IRC Section 1031 - by Brendan Greene

Improvement or construction exchanges under IRC Section 1031 - by Brendan Greene

March 14, 2025
Internal Revenue Code (IRC) Section 1031 allows a property owner, who holds property for “the productive use in a trade or business or for investment,” to defer paying any capital gains taxes if the property owner sells such property, identifies “like kind” property within forty-five days of the sale, and acquires other
Saam Architecture names new shareholders

Saam Architecture names new shareholders

March 7, 2025
Boston, MA Saam Architecture, a leading architectural firm known for its innovative design solutions and progressive firm culture, has announced the addition of six new shareholders. The new shareholders, Chin Chin Yao, David Goodman, Katie Kernizan
Calare Properties completes acquisition of 1 Technology Way  in Salem, MA

Calare Properties completes acquisition of 1 Technology Way in Salem, MA

March 7, 2025
Salem, MA Calare Properties has expanded its prime industrial property portfolio with the purchase of 1 Technology Way. The 84,700 s/f manufacturing facility sits on 16 acres in the high-demand Northern Boston market.
The Stubblebine Company handles two industrial sales to Alterra IOS Acquisitions III, LLC

The Stubblebine Company handles two industrial sales to Alterra IOS Acquisitions III, LLC

March 7, 2025
Seekonk, MA The Stubblebine Company/CORFAC International has brokered the sale of an IOS site at 75 Mead St. Matty Drouillard and James Stubblebine of The Stubblebine Company represented the buyer, Alterra IOS Acquisitions III, LLC, and secured the seller, Anawan Realty, Inc.,
Camber Development and Dacon-sponsored project wins Humanitarian Award

Camber Development and Dacon-sponsored project wins Humanitarian Award

March 7, 2025
Natick, MA Commercial Property Executive’s (CPE) Influence Awards conferred the gold award for best humanitarian project for Build-a-Bureau cosponsored by Camber Development and Dacon. The CPE Influence Awards mark notable projects in commercial real estate
Cruz Companies highlighted in Mass.governor’s commitment to new wave of affordable housing

Cruz Companies highlighted in Mass.governor’s commitment to new wave of affordable housing

March 7, 2025
New Bedford, MA The award-winning, 100% Black-owned construction and real estate development and management enterprise Cruz Companies has been included in an unprecedented wave of affordable housing construction recognized publicly in their home state of Massachusetts.
J&M Brown Company completes electrical renovation at Northeastern University’s Snell Library

J&M Brown Company completes electrical renovation at Northeastern University’s Snell Library

March 7, 2025
Boston, MA J&M Brown Company (JMB), headquartered in Dedham, MA, has completed the comprehensive interior lighting and power renovations, as well as fire alarm system upgrades at Northeastern University’s Snell Library.
Plans4Less partners with PreconSuite to offer on-click blueprint solution

Plans4Less partners with PreconSuite to offer on-click blueprint solution

March 7, 2025
Beacon Falls, CT Plans4Less, a construction technology enterprise providing a seamless blueprint ordering and delivery platform, formed a first-in-market blueprint partnership with PreconSuite, a leading end-to-end bidding Software-as-a-Service (SaaS) company
JLL handles $120m sale between Scannell<br> Properties and Crow Holdings to Rockpoint

JLL handles $120m sale between Scannell
Properties and Crow Holdings to Rockpoint

March 7, 2025
Uxbridge, MA JLL Capital Markets arranged the $120 million sale and acquisition financing for Uxbridge Distribution Center, a newly constructed 607,486 s/f distribution facility located at 40 Lackey Dam Rd.
Olsson joins Ellis Realty Advisors as vice president

Olsson joins Ellis Realty Advisors as vice president

March 7, 2025
Norwell, MA Ellis Realty Advisors welcomes Oliver Olsson to its leadership team. With nearly two decades of experience in marketing, strategic growth, and placemaking, Olsson adds an expertise in positioning transformative developments and fostering strategic partnerships.
Newmark facilitates $108 million sale of National Healthcare Properties’ medical office building portfolio

Newmark facilitates $108 million sale of National Healthcare Properties’ medical office building p...

March 7, 2025
Boston, MA Newmark completed the $108 million sale of National Healthcare Properties (NHP) ten-building medical office portfolio. NHP, a publicly traded healthcare real estate investment trust, sold the portfolio to a joint venture, between Altera Fund and TPG Angelo Gordon.
Filippidis and Connor of Horvath & Tremblay sell<br> 18-20 Greenwich Ave. in Greenwich, CT for $2.95 million

Filippidis and Connor of Horvath & Tremblay sell
18-20 Greenwich Ave. in Greenwich, CT for $2.95...

March 7, 2025
Greenwich, CT Stavros Filippidis and Tom Connor of Horvath & Tremblay have completed the sale of a six-unit mixed-use building. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $2.95 million which represents a 5.89% cap rate.