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Category: Owners Developers & Managers
Rafi Properties signs Sublime Systems
to additional 23,000 s/f
February 23, 2024
Somerville, MA According to Rafi Properties, owner and operator of Somernova, the 7.4-acre innovation campus and community dedicated to helping people and companies iterate and grow faster, Sublime Systems (Sublime) will expand their headquarters on the campus.
Gatti of Greater Boston Commercial Properties, Inc.
handles $2.7 million sale
February 23, 2024
Fitchburg, MA Ben Gatti of Greater Boston Commercial Properties, Inc. represented the seller in the sale of 25 Newport St. The 58,000 s/f industrial building is located on 4.76 acres and was delivered vacant to the buyer.
Medford Housing Authority leases
5,300 s/f from Cummings
February 23, 2024
Medford, MA Medford Housing Authority (MHA) just relocated its operation from Riverside Ave. to 200 Boston Ave., a newly renovated building within Cummings Properties’ innovation campus. The 5,300 s/f facility will house MHA’s administrative, finance, and Section 8 offices during an
Cushman & Wakefield arranges long-term
31,569 s/f lease on behalf of Sick Inc.
February 23, 2024
Canton, MA Cushman & Wakefield has arranged a long-term, 31,569 s/f lease on behalf of Sick Inc. at 150 Royall St. The intelligence solutions company is relocating from Stoughton.
Horvath & Tremblay sells two retail
properties in New England for $4.61 million
February 23, 2024
Vernon, CT Horvath & Tremblay has completed the sale of two retail properties in New England for a total of $4.61 million. Matt Nadler and Aaron Huntley of Horvath & Tremblay have completed the sale of the Wendy’s Retail Center. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $2.87 million.
Redgate completes multiple promotions
February 23, 2024
Boston, MA Redgate, one of the leading real estate investment, strategic advisory and owners’ representation firms, has completed a series of promotions across the firm. These promotions reflect the firm’s continued national growth and expansion across its key client categories of institutions, corporations and investors.
Gray, Gray & Gray, LLP ranked among top accounting firms
February 23, 2024
Canton, MA Gray, Gray & Gray, LLP, an accounting and business consulting firm, has been ranked as the 17th largest accounting firm in Massachusetts by the Boston Business Journal, up two spots from the previous year’s position.
Nickerson names Reinert chief marketing officer
February 23, 2024
Boston, MA Nickerson, a global full-service branding, marketing, PR and communications agency specializing in the built environment, has named Amy Reinert as chief marketing officer (CMO). In her new role, Reinert brings over 20 years of strategic and creative marketing expertise building brands
Fox of Compass brokers $1.795 million sale in Providence
February 23, 2024
Providence, RI Compass has completed the sale of 44 Stimson Ave. on the East Side of the city for $1.795 million. Kevin Fox, a founding agent of Compass’ local office, represented the buyer in this transaction.
Debunking CMBS loan myths: A secure source of commercial real estate lending - by Ian Lane
February 23, 2024
Following the failure of Silicon Valley Bank and other regional lenders this year, and the increased regulatory scrutiny and the shift of deposits to larger banks, it is no surprise that regional banks have tightened lending standards for commercial real estate (CRE) loans.
JLL represents Blue Moon Capital Partners in sale of The Residence at Orchard Grove
February 23, 2024
Shrewsbury, MA JLL Capital Markets has arranged the sale of The Residence at Orchard Grove, a senior community with independent and assisted living and memory care. The sale price was not disclosed.
Joyce joins CBRE as vice chairman
February 23, 2024
Boston, MA According to CBRE, commercial real estate veteran Michael Joyce has joined CBRE as vice chairman, the highest rank for advisory & transaction professionals within the company. Based in CBRE’s downtown office, Joyce joins the urban leasing team and will focus on both investor and occupier leasing.
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