Category: Owners Developers & Managers

SVN | Parsons arranges $950,000 sale for Edwins Gifts Too, Inc.

SVN | Parsons arranges $950,000 sale for Edwins Gifts Too, Inc.

March 25, 2022
Franklin, MA SVN | Parsons Commercial Group | Boston has completed the sale of a 4,992 s/f retail building at 341 West Central St. to Franklin Food Pantry Inc. for $950,000. Senior advisor, Marilyn Santiago and associate advisor, Liz Barber of SVN | Parsons represented the seller
West Suburban YMCA purchases Wells Ave. property to create second branch

West Suburban YMCA purchases Wells Ave. property to create second branch

March 25, 2022
Newton, MA The West Suburban YMCA completed a major expansion of its commitment to the community through the opening of a second Y branch that will provide current and future members with additional recreational facilities and opportunities for youth development, healthy living and social responsibility.
LAN-TEL receives recognition at NECA’s Nashville Conference

LAN-TEL receives recognition at NECA’s Nashville Conference

March 25, 2022
Norwood, MA It was an exciting time for LAN-TEL at NECA’s Nashville Conference this year. LAN-TEL was awarded the Project in Excellence Award for their work with the city of Lawrence, completing the Safe City Integrated Video Surveillance Project. To address crime in the area, the city of Lawrence and Lawrence Police Department
Wise Construction promotes three to SVP level and hires safety officer

Wise Construction promotes three to SVP level and hires safety officer

March 18, 2022
Boston, MA Wise Construction has promoted three individuals to the senior vice president level: Alexander Main, Eric Libby and Jason Hartford. The firm has achieved tremendous growth with revenue climbing 25% in 2021. The promotion of these individuals cements their role as senior leaders responsible for continuing the firm’s strong growth trajectory.
Foster and Sigfridson of The Boulos Company rep. Vital Delivery Solutions in 11,040 s/f lease

Foster and Sigfridson of The Boulos Company rep. Vital Delivery Solutions in 11,040 s/f lease

March 18, 2022
Scarborough, ME Williston, Vermont-based Vital Delivery Solutions (VDS) has found a new home in Maine at 107 Pleasant Hill Rd. The 11,040 s/f building includes both warehouse and office space. VDS was represented by Cameron Foster and Drew Sigfridson
Horvath & Tremblay sells four retail properties in New England for $8.792 million

Horvath & Tremblay sells four retail properties in New England for $8.792 million

March 18, 2022
Naples, ME Horvath & Tremblay has completed the sale of four retail properties in New England for a total of $8,792,705. Kyle Danielson, Luke Thomson, Dan Bernardini, Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of Family Dolla
Spencer Technologies sells 120,000 s/f building to Lincoln Property Co. for $21.7 million - JLL marketed the property on behalf of the seller

Spencer Technologies sells 120,000 s/f building to Lincoln Property Co. for $21.7 million - JLL mark...

March 18, 2022
Medway, MA JLL Capital Markets has closed the $21.7 million sale-leaseback and arranged $14.5 million in acquisition financing for a 120,000 s/f industrial warehouse and office building at 10 Trotter Dr.
Colliers facilitates 81,293 s/f flex sublease <br>on behalf of Tegra Medical at 9 Forge Pkwy. in Franklin, MA

Colliers facilitates 81,293 s/f flex sublease
on behalf of Tegra Medical at 9 Forge Pkwy. in Fra...

March 18, 2022
Franklin, MA Colliers has secured an 81,293 s/f sublease on behalf of Tegra Medical, a leading medical device contract manufacturer, at 9 Forge Pkwy.
O’Brien of Greater Boston Commercial Properties, Inc. facilitates $9.6 million sale

O’Brien of Greater Boston Commercial Properties, Inc. facilitates $9.6 million sale

March 18, 2022
Franklin, MA Bret O’Brien of Greater Boston Commercial Properties, Inc. (GBCP) brokered the sale of 10 Liberty Way, a 55,023 s/f manufacturing building.
Franchisee terminations of hotel franchise agreements - by Bowman and Wang

Franchisee terminations of hotel franchise agreements - by Bowman and Wang

March 18, 2022
While many franchisor/franchisee relationships start with good intentions, a wise franchisee should hope for the best, but be prepared for the worst. Given that many hotel franchise agreements may continue for 20 years or more, this means preparing an “exit plan”
MassDevelopment issues $53.55m bond for Washington Pine LLC

MassDevelopment issues $53.55m bond for Washington Pine LLC

March 18, 2022
Boston, MA MassDevelopment has issued a $53.55 million tax-exempt bond on behalf of Washington Pine LLC, an affiliate of The Community Builders, Inc. (TCB) and Pine Street Inn, which will use bond proceeds to construct a five-story, 144,000 s/f mixed-use building
Longpoint and Brookfield recapitalize national logistics portfolio through newly formed venture

Longpoint and Brookfield recapitalize national logistics portfolio through newly formed venture

March 18, 2022
Boston, MA Longpoint Partners, a real estate investment company, completed the closing of its joint venture with Brookfield through its Real Estate Secondaries business. The joint venture has recapitalized a $700 million,