Swansea, MA EagleBridge Capital has arranged construction mortgage financing in the amount of $5.9 million for Phase One of Cedarbrook Homes. The mortgage was arranged by EagleBridge senior director Brian Walsh and principal Ted Sidel who stated that the loan was provided by a leading national lender.
Boston, MA Pennrose held a groundbreaking of 95 Everett St., an 88-unit, transit-oriented, mixed-income housing development in the Allston-Brighton neighborhood of the city. When complete, this project will deliver 100% income- and rent-restricted homes
Needham, MA Onyx Partners Ltd., a commercial real estate investment and development firm, has acquired the former You-Do-It Electronics Center building at 40 Franklin St. The firm has commenced redevelopment of the building into its new headquarters, with a strong emphasis on preserving the property’s historic character and architectural integrity.
Boston, MA Columbia Property Trust, Inc. has completed six leases 50,000 s/f at 116 Huntington Ave., its 273,000 s/f boutique office building in the city’s Back Bay. The largest deal belongs to Karen Clark & Company, a software development firm that has called 116 Huntington home since 2017.
Boston, MA Avison Young brokered the sale of two adjoining office buildings totaling 34,300 s/f located at 33-41 West St. for $9.55 million. Avison Young principals Brandon Dickason and Jeff Gates represented the buyer, Embrace Boston. The seller was Kendall Capital.
Cambridge, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of eight units consisting of seven residential apartments and one commercial space. Horvath & Tremblay exclusively represented the seller in the transaction. The asset sold for $4.92 million.
Newbury, MA JLL Capital Markets has completed the sale of Newbury Self Storage, a 686-unit self-storage facility. JLL’s Capital Markets Self Storage team represented the private seller, Stowaway Storage Newbury, LLC, and procured the buyer, Andover Properties.
Newton, MA Tyler Capecci, SIOR, vice president at 128 CRE became a member of the Society of Industrial and Office Realtors (SIOR) as an office specialist. Capecci is now one of just 3,300 SIOR Designees worldwide.
Beverly, MA North Beverly Family Medicine has opened at 48 Dunham Ridge, leasing 3,070 s/f of custom-built medical space at the business and innovation campus.
Boston, MA According to Related Beal and Jamestown, the joint venture owners of the Innovation and Design Building (IDB) in the Seaport, they have completed more than 225,000 s/f of leasing activity at the property over the past year.
Boston, MA According to JLL, Alex Plaisted has joined the firm as a managing director in its suburban Boston leasing group. Plaisted will focus on advising tenant and landlord clients across the Central 128 market, where he has spent more than two decades completing some of the region’s most significant leasing transactions.