Category: Owners Developers & Managers

Klein of Marcus & Millichap completes $2.725 million building sale

Klein of Marcus & Millichap completes $2.725 million building sale

December 3, 2021
Greenfield, MA Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has completed the sale of Medical Center at Cherry Rum
SGH appoints Parker to chief executive  officer and Vigener to chief technical officer

SGH appoints Parker to chief executive officer and Vigener to chief technical officer

December 3, 2021
Waltham, MA The Simpson Gumpertz & Heger (SGH) board of directors will appoint a new executive partnership to lead the firm. James Parker will become SGH’s chief executive officer, focusing on the firm’s strategic direction and corporate initiatives.
The Stubblebine Co. handles two new leases totaling 107,595 s/f

The Stubblebine Co. handles two new leases totaling 107,595 s/f

December 3, 2021
Auburn, MA Greenwood Industries has leased 54,895 s/f at 17 Saint Mark St. David Skinner, senior advisor of The Stubblebine Company/CORFAC International represented Greenwood Industries
The Davis Companies named recipient of 2020 CBA Achievement Award for Landlord of the Year

The Davis Companies named recipient of 2020 CBA Achievement Award for Landlord of the Year

December 3, 2021
Boston, MA According to the Commercial Brokers Association (CBA), The Davis Companies has been named the recipient of the 2020 CBA Achievement Award for Landlord of the Year. The special recognition was awarded to The Davis Companies
Triglione of Nordlund Associates, Inc. completes $2.9 million sale for seller, Coastal Connections, Inc.

Triglione of Nordlund Associates, Inc. completes $2.9 million sale for seller, Coastal Connections, ...

December 3, 2021
Amesbury, MA Anthony Triglione, of Nordlund Associates, Inc. recently facilitated the sale of 35 Water St., a 47,222 s/f multi-story commercial building for $2.9 million. Nordlund represented the seller
Vaxess Technologies leases 10,000 s/f from Cummings Properties

Vaxess Technologies leases 10,000 s/f from Cummings Properties

December 3, 2021
Woburn, MA Biotechnology startup Vaxess Technologies held a grand opening for its brand new 3,600 s/f GMP manufacturing facility at Cummings Park. An expansion to 10,000 s/f is already underway.
The Conrad Group sells 10,000 s/f Little Sprouts Daycare - $4.125m

The Conrad Group sells 10,000 s/f Little Sprouts Daycare - $4.125m

November 26, 2021
Hingham, MA The Conrad Group, Inc. brokered the sale of  The Little Sprouts Daycare Center at 73 Abington St., for its owner, MDC Properties. The 10,000 s/f center was built two years ago on 5.5 acres.
JLL Capital arranges $6.46m sale of 67,544 s/f 8 Essex Center Dr.

JLL Capital arranges $6.46m sale of 67,544 s/f 8 Essex Center Dr.

November 26, 2021
Peabody, Ma  JLL Capital Markets has closed the $6.46 million sale of 8 Essex Center Dr., a 67,544 s/f office property.
CBRE brokers $17.63m sale of 81,596 s/f light industrial building

CBRE brokers $17.63m sale of 81,596 s/f light industrial building

November 26, 2021
Mansfield, MA CBRE arranged the sale of an 81,596 s/f light industrial building located at 120 Forbes Blvd. Brickman acquired the asset for $17.63 million. >Located within the 50-acre Cabot Business Park, one of the largest campus-style industrial parks in New England, 120 Forbes Blvd. is located at the junction of I-95, I-495 and Rte. 140.
Lincoln Property Company reps Electric Hydrogen Co. in 30,601 s/f relocation/expansion - 20,400 s/f at Three Strathmore Rd., and 10,201 s/f at One Strathmore Rd.

Lincoln Property Company reps Electric Hydrogen Co. in 30,601 s/f relocation/expansion - 20,400 s/f ...

November 26, 2021
Natick, MA According to Lincoln Property Company (LPC Boston), Electric Hydrogen Co. has completed a 20,400 s/f lease expansion into Three Strathmore Rd. The full-building expansion comes only five months after Electric Hydrogen initially opened their eastcoast
Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

November 26, 2021
While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
PUMA opens 150,000 s/f headquarters at Federal Realty’s Assembly Row - Designed by Gensler, built by Timberline, leased by C&W

PUMA opens 150,000 s/f headquarters at Federal Realty’s Assembly Row - Designed by Gensler, built ...

November 26, 2021
Somerville, MA PUMA has officially opened its new North America headquarters at Assembly Row, bringing together the company’s approximately 450 employees from its two former offices in Boston and Westford, Mass.