Category: Owners Developers & Managers
Senné hires Elliot as director of debt & structured finance
November 19, 2021
Boston, MA The industry-leading real estate advisory and investment firm Senné has hired Andy Elliot as director of debt & structured finance. As director of debt & structured finance, Elliott will lead the commercial real estate debt and equity
CBRE arranges $175 million sale of six-building industrial portfolio
November 19, 2021
Franklin, MA CBRE has arranged the sale of a six-building industrial portfolio (known as Partners Industrial Portfolio) in suburban Mass. New York City-based Link Logistics Real Estate acquired the assets, which total 802,194 s/f, for $175 million.
There are signs of a very hot hotel and resort market - by Earle Wason
November 19, 2021
I could never have imagined on January 1st how this year’s hotel brokerage transactions could lead to one of our best. My firm, Wason Associates, has had a business model that is paying dividends for us at this time as resort markets throughout New England and New York have been where the greatest
Spire Investments completes purchase of 10 Beverly apartments for $2.5 million
November 19, 2021
Beverly, MA Spire Investments has completed the purchase of 24 & 29 Washington St., the properties consist of two apartment structures consisting of 10 units comprised of one and two-bedrooms, for $2.5 million. Stephen Girolamo of Horvath & Tremblay brokered the deal.
IQHQ acquires The Buckminster
November 19, 2021
Boston, MA IQHQ, Inc., has completed the acquisition of The Buckminster on Beacon St. in the city’s Kenmore Sq. area. The purchase price was not disclosed. The strategic acquisition aligns with IQHQ’s ongoing development efforts in the adjacent Fenway market, which includes
The Stubblebine Co. arranges $22.5 million sale of 76,570 s/f property
November 19, 2021
Woburn MA David and James Stubblebine, principals of The Stubblebine Company/CORFAC International, arranged the sale of 216 New Boston St. and 225 Merrimac St., two industrial buildings totaling 76,570 s/f on 14.68 acres of industrial zoned land for $22.15 million.
MassDevelopment issues $37.89 million tax-exempt bond on behalf of BC Baystate Place LLC for Springf...
November 19, 2021
Springfield, MA MassDevelopment has issued a $37.89 million tax-exempt bond and a $988,891 taxable bond on behalf of BC Baystate Place LLC, an affiliate of Beacon Communities LLC, which is using proceeds to buy, renovate, and equip the Baystate Place apartment complex
The Western Mass. CRE market has largely mirrored the rest of the country in 2020 and 2021 - by Wil...
November 19, 2021
The Western Massachusetts commercial real estate market has largely mirrored the rest of the country in 2020 and 2021. The industrial sector has been on a tear while the retail and office markets, not so much.
Fitzgerald joins The Savings Bank as vice president - commercial
November 19, 2021
Wakefield, MA Ed Fitzgerald has joined The Savings Bank as vice president - commercial lender. Fitzgerald’s new appointment marks his return to the bank, having served in the same capacity from 2008 to 2012.
Verenis of Marcus & Millichap handles $1.2 million apartment building sale
November 19, 2021
Worcester, MA Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has competed the sale of Arline Street Apartments, a six-unit apartment property, according to Thomas
Campanelli acquires former CISCO campus - Newmark to lease The Park at Beaver Brook
November 19, 2021
Boxborough, MA Campanelli has assigned Newmark to lead leasing efforts at the former CISCO headquarters campus, newly rebranded as The Park at Beaver Brook. The Park at Beaver Brook totals more than 409,000 s/f of existing office space and up to 1 million s/f of new development
Northeast Private Client Group brokers $4.1 million building sale
November 19, 2021
Holliston, MA Northeast Private Client Group’s (NEPCG) has completed the sale of Central St. mixed-use building. Senior associates Francis Saenz and Drew Kirkland represented the sellers and procured the buyers for the mixed-use transaction
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EAC Properties and Vidal/Wettenstein arrange 6,550 s/f lease for Cornerstone Medical Training Center
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