Category: Owners Developers & Managers
Krenning joins Syska Hennessy as associate managing director
October 7, 2022
Boston, MA Syska Hennessy Group, the international engineering firm, has appointed Andrew Krenning as associate managing director of the local office. In this role, he oversees local employees, monitors the office’s financial performance
Construction opportunities in the Inflation Reduction Act - by Benson Theuninck
October 7, 2022
The recently signed Inflation Reduction Act of 2022 is built on a combination of tax and Medicare revenue raisers and includes wide-ranging energy incentives now affecting construction and real estate activity from private homes to commercial and industrial facilities.
Toll Brothers' Enclave at Tyngsborough now open for sale
October 7, 2022
Tyngsborough, MA According to Toll Brothers, Inc. (NYSE: TOL), Enclave at Tyngsborough, its newest 55+ active-adult luxury home community is now open for sale. Located at 52 Sherburne Ave
CBRE completes $21.1 million sale of 9 Old Kings Highway South - a 70,928 s/f office property
September 30, 2022
Darien, CT CBRE Institutional Properties Group completed the $21.1 million sale of 9 Old Kings Hwy. South, a 70,928 s/f office property. The CBRE team of Jeffrey Dunne, Steve Bardsley, David Gavin, Jeremy Neuer and Travis Langer represented the seller, Hall Investments.
Kassin, Schechtman, DellAnno, and Gladstone of Meridian handle $10.75 million sale leaseback
September 30, 2022
Billerica, MA New York-based IG Logistics LLC and Meadow Partners, an institutional middle-market real estate investor, have acquired a 58,400 s/f warehouse situated on 3.2 acres for $10.75 million in an off-market transaction. Located at 12 Esquire Rd., the property is 100% leased by SSG Pools. Meridian Capital
JLL arranges $278 million construction financing for Boynton Gateway
September 30, 2022
Somerville, MA JLL Capital Markets has arranged the $278 million construction financing for Boynton Gateway, a to-be-developed, nine-story, 334,000 s/f life science facility. JLL represented the borrower, a joint venture between CV Properties, Cannon Hill Capital Partners and L&B Realty Advisors,
North Shore Realty Advisors, Inc. brokers $10.404 million 48-unit apartment sale
September 30, 2022
Lynn, MA North Shore Realty Advisors, Inc. completed the sale of the Kingsley Terrace Apartments located at 1-4 Kingsley Terrace. This garden-style 48-unit asset sold for $10.404 million which equates to $216,750 per unit. The unit-mix consists of 48 one-bedrooms.
Things that appraisers do right - by Bill Pastuszek
September 30, 2022
Appraisers have been under some heat in the recent past. And, the heat, if this summer is any predictor, is not likely over. But today we’re going to focus on something more useful – things that appraisers do well 1. Transparency – From Beginning to End. Having a scope of work explanation gives the
Messore and Bellard of Colonial Properties broker three land sales in Conn. totaling $3.25 million
September 30, 2022
Ansonia, CT According to Michael Richetelli, president and designated broker of Colonial Properties, Inc., the firm completed the following transactions. Fred Messore, senior vice president, was the sole broker in the sale of 64 & 78 Pulaski Hwy. in Ansonia. The 27-acre lot of raw land
Connors joins Hancock Associates as regional engineering manager
September 30, 2022
Newburyport, MA According to Hancock Associates, Matthew Connors, PE has joined the firm as regional engineering manager. Connors will be assisting Joe Peznola, PE, the firm’s director of engineering, in managing Hancock’s eastern engineering operations. He is based
Holmes and Blackey of R.W. Holmes complete 6,168 s/f lease
September 30, 2022
Newton, MA R.W. Holmes negotiated a new office lease of 6,168 s/f to Industrial Video & Control. Industrial Video & Control, a manufacturer of rugged IP cameras and video management software for industrial, commercial,
Bozzuto Construction celebrates topping-out for the Rowen at the Pinehills
September 30, 2022
Plymouth, MA Bozzuto Construction Company (BCC) celebrated the topping-out for the Rowen at the Pinehills. The Rowen, constructed in partnership with New England Development, Bozzuto Development, JPMorgan Chase & Co., and ICON Architecture, is a 178-unit multifamily development
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