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Category: Owners Developers & Managers
Purchase and Sale of Real Estate - Part 1 - by Michael Brangwynne
November 19, 2021
Introduction: Agreements for the purchase and sale of real estate are governed by the same general contract principles that apply to any binding agreement between two or more parties. Nevertheless, there are certain legal issues that often arise in the purchase and sale of real estate
Mass. Building Trades Unions applaud President Biden and Congress for infrastructure investment
November 19, 2021
Boston, MA The 75,000 members of the Massachusetts Building Trades Unions applaud President Biden and the Congress for passing and signing the largest infrastructure investment
Kelleher & Sadowsky orchestrates sale of vacant parcels on Park Ave. to Clark University for $6.95m
November 12, 2021
Worcester, MA Kelleher & Sadowsky Associates completed the land sale of 520 Park Ave. and 111 Maywood St. totaling 7.3 acres by Family Holdings Nominee Trust and Jerek Realty, Inc.to Clark University for $6.95 million.
JLL Capital Markets arranges $5.3m sale of industrial facility
November 12, 2021
Milford, MA JLL Capital Markets has closed the $5.3 million sale of a 32,040 s/f vacant industrial warehouse facility at 357 Fortune Blvd. Situated on 3.7 acres, 357 Fortune Blvd. is in the town of Milford, a southeastern suburb about 26 miles from downtown Boston.
Petz, Sherry, Pinado, Nasca, and Howard of Colliers facilitate $153.5 million sale of 600,000 s/f tw...
November 12, 2021
Northborough, MA Colliers has facilitated a sale transaction for two distribution centers at 330 & 350 Bartlett St. Led by Colliers managing director, Frank Petz, the fully leased 600,000 s/f properties sold to Link Logistics/Blackstone for $153.5 million.
Pollan and Kassin of Kassin Sabbath Realty broker $37.5 million sale
November 12, 2021
Lawrence, MA Steven Pollan, senior executive vice president, and Joseph Kassin of Kassin Sabbath Realty (KSR) brokered the sale of 94 Glenn St. for $37.5 million.
Barnstable Land Trust hires Utile for Twin Brooks development project
November 12, 2021
Hyannis, MA Barnstable Land Trust (BLT) has selected Utile, a Boston-based architecture and planning firm, to help develop an alternative design concept for the proposed development on the 40-acre Twin Brooks Golf Course, one of the largest open spaces remaining in town.
South Coast Improvement Company launches affordable housing division
November 12, 2021
Marion, MA South Coast Improvement Company (SCIC) has launched an affordable housing division. The new division includes additional staffing in the areas of business development, project management and support.
Griffith and Pepdjonovic of Marcus & Millichap arrange $3.67 million sale of 565-585 Sea St., a 17-...
November 12, 2021
Quincy, MA Marcus & Millichap completed the sale of 565-585 Sea St., a 17-unit apartment property, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $3.67 million.
Affordability preserved at Fresh Pond Apartments
November 12, 2021
Cambridge, MA According to The Schochet Companies, Rindge Associates LP has executed an agreement with the city to preserve as affordable 504 housing units at Fresh Pond Apartments.
WinnDevelopment’s Stone Mill project receives financing approval
November 12, 2021
Lawrence, MA WinnCompanies has received the financing commitments needed to acquire and renovate The Stone Mill, built 176 years ago by the founder of the city, into 86 apartments serving families and individuals across a range of income levels.
Erland Construction chosen by The Davis Cos. to build 3-story lab building with Jacobs
November 12, 2021
Cambridge, MA Erland Construction announced that The Davis Companies has selected the firm to construct 101 Smith Place–a 165,000 s/f cutting edge three-story lab-ready facility. 101 Smith Place will be part of The Davis Cos.’ growing life science campus
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