Category: Owners Developers & Managers

Current state of the industrial & distribution real estate market - by Thomas Madonna

Current state of the industrial & distribution real estate market - by Thomas Madonna

June 11, 2021
Activity in the industrial, distribution and logistics real estate sectors remains strong. In fact, CBRE Econometric Advisors forecasts that new industrial completions will jump by 29% in 2021. And many believe that competition in the space will grow in the new future for this sector.
ABG Commercial Realty brokers $5m sale of 17,869 s/f building

ABG Commercial Realty brokers $5m sale of 17,869 s/f building

June 11, 2021
Cambridge MA ABG Commercial Realty has brokered the $5 million sale of a 17,869 s/f flex/retail building at 629 Cambridge St. Julian Lewis, Stephanie Deering, and Talia Abrams-Kudan of ABG Commercial Realty’s investment sales team exclusively brokered the sale
Schultheis of Sweeney Real Estate sells 12 acres

Schultheis of Sweeney Real Estate sells 12 acres

June 11, 2021
Seekonk, MA Eric Schultheis of Sweeney Real Estate & Appraisal  brokered the sale of 1530 Fall River Ave.
Prolman Realty, Inc. brokers $1.1 million sale

Prolman Realty, Inc. brokers $1.1 million sale

June 11, 2021
Nashua, NH Prolman Realty, Inc. has completed the sale of 5-7 Congress St. Mark Prolman represented Acorn Family Realty, LLC (seller) and assisted 7 Congress, LLC (buyer). Prolman said, “The property consists of a 9,600 s/f office/warehouse
Horvath & Tremblay sells four retail properties for $14 million

Horvath & Tremblay sells four retail properties for $14 million

June 11, 2021
Brockton, MA Horvath & Tremblay has completed the sale of four retail properties in New England for a total of $14,279,409. Bob Horvath and Todd Tremblay completed the sale of the Belmont Plaza in Brockton. Horvath & Tremblay exclusively represented the seller and procured the buyer
Erland completes new assisted living & memory care community

Erland completes new assisted living & memory care community

June 11, 2021
Newton, MA Erland Construction, alongside PWC Companies and JSA Inc., has completed a new four-story assisted living and memory care community for Sunrise Senior Living. Located at the corner of Washington and Hovey St., Sunrise of Newton’s new senior living residence
Harborlight Community Partner to break ground on Anchor Point

Harborlight Community Partner to break ground on Anchor Point

June 4, 2021
Beverly, MA Beverly-based non-profit developer, Harborlight Community Partners is pleased to announce Anchor Point, a community of 77 units of affordable family housing, will break ground this month. Anchor Point will include two affordable housing apartment buildings and a community building, along with many exterior elements such as playgrounds and walking paths.
Abbot Building Restoration Company completes concrete repair project for Mass General Brigham

Abbot Building Restoration Company completes concrete repair project for Mass General Brigham

June 4, 2021
Charlestown, MA Abbot Building Restoration Company, Inc.’s small projects division completed a concrete repair project at Mass General Brigham Hospital’s campus.  Based on Abbot’s long-standing relationship with this institution, Abbot was contracted to repair two deteriorated concrete awnings/overhangs on the garage across from the Center of Immunology and Inflammatory Diseases
Saenz and Kirkland of Northeast Private Client Group broker $4.95 million apartment building sale

Saenz and Kirkland of Northeast Private Client Group broker $4.95 million apartment building sale

June 4, 2021
North Andover, MA Real estate investment services firm Northeast Private Client Group (NEPCG) has completed the sale of Sutton Street Apartments located at 90 Sutton St. Senior associates Francis Saenz and Drew Kirkland
Erland Construction to build new mixed-use property in Beverly, MA

Erland Construction to build new mixed-use property in Beverly, MA

June 4, 2021
Beverly, MA Beverly Crossing has selected Erland Construction to construct a new 167,230 s/f 6-story mixed-use property in the heart of Beverly, MA. Designed by SV Design to revitalize the city’s downtown, “The Block at Odell Park”
Manzo Freeman Development and RealtyMogul acquire Everett Mills - with plans to invest $5 million in capital improvements

Manzo Freeman Development and RealtyMogul acquire Everett Mills - with plans to invest $5 million in...

June 4, 2021
Lawrence MA Manzo Freeman Development (MFD) in partnership with RealtyMogul, have completed their acquisition of the historic Everett Mills property for $7.05 million. The Everett Mills has been an anchor of downtown for over 100 years
The Karsten Development Corp. hosts ribbon cutting ceremony for the $2.2 million Bersani Circle community renovation

The Karsten Development Corp. hosts ribbon cutting ceremony for the $2.2 million Bersani Circle comm...

June 4, 2021
North Quincy, MA The Karsten Development Corp., hosted a ribbon cutting ceremony for the $2.2 million Bersani Circle community renovation on Tuesday, May 11th. The ribbon cutting ceremony  took place