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Category: Owners Developers & Managers
Nohrden and Jacob of Burgess Properties, LLC
broker $3.23 million sale with Cabot & Co.
July 21, 2023
Malden, MA Burgess Properties, LLC has brokered the sale of 344 Eastern Ave. for $3.23 million. The 11,760 s/f building on 0.51 acres, features a combination of showroom, office, and warehouse space. For decades it had been occupied by a tile retailer and wholesaler – previously as Smethurst Tile and most recently as Genrose Stone and Tile.
McNaught joins LeftField as senior project manager
July 21, 2023
Boston, MA LeftField has hired Jon McNaught as senior project manager. In this role, McNaught is responsible for managing the planning, design, and construction of lab projects on behalf of owners and developers. Prior to joining LeftField, he managed a wide range of R&D and cGMP manufacturing projects in the life
The Boulos Company hires Donnelly and Domingos; promotes Grillo
July 21, 2023
Portland, ME The Boulos Company welcomed Roy Donnelly as an associate in the local office. Donnelly previously worked as an associate broker, focusing on commercial real estate in Rockland, and in the Boston area as a leasing agent.
Security Concepts, Alarm Computer Technology and Mainstream Communications Systems finalize merger t...
July 21, 2023
Pawtucket, RI OMNI Resource Management, a regional leader in diversified facilities services, has formally merged its existing electronic security division, Security Concepts, with recently acquired Massachusetts based companies, Mainstream Communications Systems (MCS) and Alarm Computer Technology
O’Hara of Coldwell Banker Commercial brokers $7.35m sale to CoreOne Industrial
July 14, 2023
East Granby, CT Chris O’Hara SVP, of Coldwell Banker Commercial, brokered two neighboring manufacturing buildings totaling 82,386 s/f located at 5 and 18 Connecticut South Dr., sold for $7.35 million. The sellers were 5-18 Connecticut Real Estate Holdings Company, LLC.
SVN | Parsons Commercial Group | Boston completes leasing at 34 Hayden Rowe Street
July 14, 2023
Hopkinton, MA SVN Parsons Commercial Group - Boston has leased nine suites at 34 Hayden Rowe St., bringing the 50,366 s/f building to 100% occupancy on behalf of the landlord, Riverside Properties, Inc. The team, which consisted of advisors, Marilyn Santiago, Garrett Quinn and Trevor Holmes, were hired to lease the property in August 2021.
Marcus & Millichap brokers sale of 40,000 s/f
property for $2.5 million
July 14, 2023
Framingham, MA Marcus & Millichap has sold a 40,000 s/f industrial property. The asset sold for $2.5 million. “The building is a great representation of Framingham, having transitioned from manufacturing to a variety of creative uses,” said Harrison Klein, first vice president investments.
Colliers leases 6,870 s/f to Optima Dermatology
at 31 Stiles Road
July 14, 2023
Salem, NH Colliers has leased 6,870 s/f to Optima Dermatology & Medical Aesthetics at 31 Stiles Rd. Hugo Overdeput and Andrew Robbins, of Colliers’ Manchester office, represented the landlord and Sean McQuaid, of Eastern Retail Properties, Inc., represented the tenant in the transaction.
SIOR NE Chapter holds annual golf outing on May 17, 2023 at Brae Burn Country Club
July 14, 2023
Newton, MA The SIOR New England Chapter held its annual golf outing on May 17, 2023 at Brae Burn Country Club. It was also a joint event with Dacon as a charitable event. Approximately 40 SIORs and guests attended the golf outing and the reception. Jeremy Freid, chapter president welcomed everyone prior to the scramble kick out.
Keliher of Mainsail Management begins construction on two apartment projects
July 14, 2023
Dorchester, MA Jim Keliher, president of Mainsail Management has started the construction of 21 apartments located at 69 Bailey St. in the Ashmont area.
Shawmut Design and Construction breaks ground
on Hardy Elementary School - 80,000 s/f, $72.5m p...
July 14, 2023
Wellesley, MA Shawmut Design and Construction broke ground on the new 80,000 s/f Hardy Elementary School. Replacing a century-old facility, the new building will create a purpose-built, net-zero-ready, next-generation school designed with a focus on innovative learning for students across grades K-5.
SALMON Health and Retirement chief future officer joins MassDev. board
July 14, 2023
Boston, MA SALMON Health and Retirement’s chief future officer and third-generation owner, Andrew Salmon, has been appointed to the board of directors of MassDevelopment. MassDevelopment, the state’s development finance agency and land bank, works with businesses, nonprofits, and banks to stimulate economic growth.
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