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Category: Owners Developers & Managers
Electra America Hospitality Group acquires Loews Boston Hotel
September 2, 2022
Boston, MA JLL’s Hotels & Hospitality Group has closed the sale of and arranged acquisition financing for the former Loews Boston Hotel, a 225-key, AAA Four Diamond-rated boutique hotel in Back Bay.
Kelleher and Pentore of Horvath & Tremblay sell two properties in Somerville, MA for $5.82m
August 26, 2022
Somerville, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of two properties in two separate transactions for a total of $5.82 million. 126 Pearl St. sold for $3.1 million. The mixed-use property contains a three-story
The Conrad Group handles 8,113 s/f lease expansion for Bay State Physical Therapy at 703 Granite St....
August 26, 2022
Braintree, MA The Conrad Group consummated a lease on behalf of Messina Enterprises at 703 Granite St. to Bay State Physical Therapy. The expansion of 8,113 s/f results in Bay State Physical Therapy occupying the entire building which contains 23,434 s/f.
Reilly and Aitken of Avison Young represent Carpenter & Paterson, Inc. in 28,800 s/f lease
August 26, 2022
North Reading, MA Avison Young’s Boston office has negotiated a transaction that will enact a viable growth vision for Carpenter & Paterson, Inc. (C&P), a leading construction industry supplier. The company has relocated to 28,800 s/f of industrial space at 35 Concord St.
Sustainable urbanization of the world’s most underdeveloped cities - by Oliver Schaper
August 26, 2022
In April, the United Nations Human Settlements Programme, UN-Habitat, and the United Nations Capital Development Fund joined hands to strengthen The Cities Investment Facility (CIF) which aims to unlock institutional and commercial capital to finance sustainable and masterplan-integrated municipal development projects.
Peak Real Estate sells 75 Tech. Dr. in Lowell, MA for Jumbo Capital Inc.
August 26, 2022
Lowell, MA Boutique real estate brokerage firm Peak Real Estate Partners represented Jumbo Capital Inc. in the sale of 75 Technology Dr. to Rhino Capital Advisors LLC. Anthony Biette of Peak represented the seller in the transaction and procured the buyer
Mott & Chace Sotheby’s sells E. Irving Rogers Jr. House for $2.086 million
August 26, 2022
Providence, RI According to Mott & Chace Sotheby’s International Realty, the E. Irving Rogers Jr. House has sold for $2.086 million. Beth Anderson, sales associate of Mott & Chace Sotheby’s, represented the buyer.
JLL’s Hotels & Hospitality Group close on sale of two select-service hotels totaling 171-keys in L...
August 26, 2022
Lenox, MA JLL’s Hotels & Hospitality Group has closed the sale of two select-service hotels totaling 171-keys. JLL marketed the property on behalf of the seller, Toole Companies, in the sale to Mission Hill Hospitality
East Cambridge Savings Bank supports local nonprofits in Woburn
August 26, 2022
Woburn, MA East Cambridge Savings Bank supported two local nonprofit organizations to mark their entrance into the local community. On August 1st, the bank presented donations to the North Suburban YMCA located in Woburn
The Stubblebine Company handles $17.8 million sale - and lease to Sacks Exhibits at 76 Holton St.
August 26, 2022
Woburn, MA Micah Stubblebine and James Stubblebine of The Stubblebine Company represented the seller, Seventy6 Holton LLC, and directly procured the buyer, NorthBridge in the sale of 76 Holton St. for $17.8 million.
Pinto of Chozick Realty Inc. closes $1.2 million mixed-use building sale
August 26, 2022
Hartford, CT Jordan Pinto of Chozick Realty Inc. closed the sale of 4-6 Sterling St. This mixed-use building sold for the price of $1.2 million or $120,000 per unit.
Finegan of The Boulos Co. named co-chair of MEREDA’s Local Issues Committee
August 26, 2022
Portland, ME John Finegan, an associate broker at The Boulos Company, has been named co-chair of the Maine Real Estate & Development Association’s (MEREDA’s) Local Issues Committee.
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