Category: Owners Developers & Managers
Storti and Casey of Sweeney Real Estate
& Appraisal broker 17,680 s/f industrial sale
February 21, 2025
Lincoln, RI Evan Storti and Kevin Casey of Sweeney Real Estate & Appraisal joined to broker the sale of a 17,680 s/f industrial mill building located at 27 Carrington St. The sale price was not disclosed. The property, located in an industrial park along the Blackstone River, sits on 0.65 acres. The building
O’Brien Commercial Properties handles $1.75 million sale of 5,000 s/f property
February 21, 2025
Fitchburg, MA O’Brien Commercial Properties represented Airport CTC LLC in the sale of 155 Airport Rd. This property is under long-term lease to Habit Opco, LLC as a substance abuse treatment clinic with headquarters in Franklin, Tenn. The tenant sees over 2,000 patients
Marcus & Millichap arranges sale of industrial property for $4.85 million
February 21, 2025
North Andover, MA Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, completed the sale of a 30,855 s/f flex/industrial building located at 45 Beechwood Dr., for $4.85 million.
NAI Glickman Kovago and Jacobs sells
Auburn Crossing for $2.2 million
February 21, 2025
Auburn, MA NAI Glickman Kovago and Jacobs has completed sale of 482 Southbridge St., known as the Auburn Crossing Building for $2.2 million. The transaction was facilitated by David Burwick and Lexi Brissette of NAI Glickman Kovago and Jacobs, whose expertise
Seaver Construction completes
tenant fit-up projects at 55 Walkers Brook
February 21, 2025
Reading, MA Seaver Construction completed several tenant fit-up projects at 55 Walkers Brook. The class A, multi-tenant building is owned by JOSS Realty and managed by Avison Young. The most recent fit-ups were completed on the fifth floor for international firm Mediterranean Shipping Corp. (MSC) and Nuvia Dental
Fenway Alliance names Manfredi and Lowrey as the recipients of the 2025 Fenway Alliance Celebrates E...
February 21, 2025
Boston, MA The Fenway Alliance’s FACES (Fenway Alliance Celebrates Exceptional Spirit) Award will recognize David Manfredi, CEO and founding principal of Elkus Manfredi Architects and Elizabeth Lowrey, principal of Elkus Manfredi Architects for their individual professional contributions to the vibrancy of the Fenway community
PEG and McNair Interests partner with Simon on Residence Inn
February 21, 2025
Peabody, MA PEG, a leading vertically integrated owner, operator and developer of multifamily, hospitality and build-to-rent assets in the U.S. and Canada, and Simon, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, have closed on financing and commenced construction
Aho of Aho Properties and Reilly of Avison Young handle 5,931 s/f lease
February 21, 2025
Acton MA Joel Aho, president of Aho Properties, LLC, represented Technology Point Properties in leasing 5,931 s/f of office/flex space at 40 Nagog Park to BigRep America, Inc. BigRep will be moving out of its space in Woburn and will occupy the entire first floor of 40 Nagog. Chris Reilly from Avison Young represented
Boston/Cambridge lodging market – Year-end review and 2025 outlook - by Rachel Roginsky
February 21, 2025
The Boston and Cambridge (city) lodging market, both pre- and post-COVID, remains one of the most vibrant and dynamic in the United States. As of year-end 2024, according to STR, the Boston MSA ranked 5th highest in occupancy and 3rd highest in ADR among the top 25 markets. Only two top 25 markets, New York and Oahu Island (HI)
CBRE facilitates sale of four property The Beverly Crossing portfolio
February 21, 2025
Beverly, MA Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler, completed the sale of The Beverly Crossing portfolio, a four-property, 394-unit apartment portfolio with 26,038 s/f of retail space. The sale price was not disclosed.
Worth Avenue Capital, LLC funds $500,000 construction loan
February 21, 2025
Montville, CT Worth Avenue Capital, LLC (WAC) has funded a $500,000 follow on construction loan to a Connecticut-based real estate developer. The borrower is one of WAC’s many multiple repeat borrowers who has partnered with WAC on numerous development projects over the last several years.
Norfolk Multifamily welcomes Chris Alexander as senior construction manager
February 21, 2025
Braintree, MA Norfolk Multifamily is pleased to announce that Chris Alexander has joined the team as Senior Construction Manager. In his new role, Alexander will lead the multifamily team to expand and enhance their turnkey installation service
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