Category: Owners Developers & Managers

Boston, MA WS Development celebrated the topping off of One Boston Wharf, the city’s largest net zero carbon office building, in the Seaport district.  One Boston Wharf is a 707,000 s/f, 17-story building with ground floor retail and restaurant uses, as well as the 700-seat Seaport Performing Arts Center (SeaPAC) located on the 2nd and 3rd floors and 630,000 s/f of office space. 

Boston, MA Builders of Color Coalition (BCC) has launched its two-year research and analytics study to enforce its mission of increasing access and diversity in the real estate sector, and to promote the economic well-being of minority-owned businesses whose products and services serve the real estate industry as well.

Boston, MA Torrington Properties (Torrington) has hired Matthew Donaghey as the new director of property operations and asset management. With more than 15 years of experience, Donaghey most recently worked as vice president and director of operations for Hobbs Brook Real Estate (HBRE), where he managed a six million s/f property portfolio. Donaghey began his career with the real estate investment team at Fidelity Investments.

Marlborough, MA Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of Walgreens (leasehold interest). Horvath & Tremblay exclusively represented the seller and procured the buyer to complete this transaction

Quincy, MA Jay Calnan, chief executive officer of J. Calnan & Associates (JC&A), has been named the EY Entrepreneur of the Year for 2023. The independent panel of judges recognized Calnan’s entrepreneurial spirit, long-term value creation, purpose-driven approach, growth, and impact in his field.

Hudson, MA Maugel DeStefano Architects has completed a design-build with Green Leaf Construction for the 4,200 s/f medical office suite for Orthopedic Affiliates, a joint and sports medicine center, and Achieve Physical Therapy, specialists in the advanced treatment of orthopedic and sport injuries.

Norwood, MA R.W. Holmes completed a 11,988 s/f lease to Gentex at 320 Norwood Park South. Last year, R.W. Holmes negotiated the purchase of 320 Norwood Park South to Brave Dog Properties, and serves as the exclusive leasing agent for the 40,000 s/f flex building.

With global access and local engagement opportunities, being part of The New England Chapter of CoreNet Global offers a unique opportunity to share in the best practices and contribute in meaningful ways to the corporate real estate industry.  We hope to see some of our local and international members at the CoreNet Global East Meets West Summit in Dubai this September 12-14th and at the CoreNet Global North America Summit in Denver from October 28-30th.

Boston, MA The Annual BOMA Golf Tournament was held on Monday, July 10th at Pinehills Golf Club. Around 300 BOMA members and guests took over both the Jones and Nicklaus courses for a round of 18. The day included a Hole in One from Chris Dlugolecki with IMG Technologies and the gracious donation of the 50/50 winnings to our charitable partner by winner, Steven Gilmore Jr.

It was an evening of fun, relaxation, and celebration on July 13th when the Institute of Real Estate Management (IREM) Boston Chapter held a Networking and New Member Installation at Granite Links Golf Club in Quincy. Two people were installed as CPM (certified property manager) and five as ARM (accredited residential manager) at the well-attended event. 

Within the past few weeks, both Fannie Mae and Freddie Mac released lender bulletins as a step toward making temporary requirements permanent. The temporary requirements addressed issues of structural safety in condominium and housing cooperative buildings in response to the Champlain Towers South condominium collapse.

Starting capital projects off right requires not just knowledge of your fundamental assets, but accurate data on those assets as well. Many times, people depend on information about their assets from old paper drawings, flat files, blueprints, public documents, etc. Unfortunately, these older files are often not reliable. Those drawings, which may have been accurate at one point in time, may not be up to date.