Category: Owners Developers & Managers

Kelleher and Pentore of Horvath & Tremblay sell The Chelsea Collection 90-unit multifamily portfolio for $19.05 million

Kelleher and Pentore of Horvath & Tremblay sell The Chelsea Collection 90-unit multifamily portfolio...

April 30, 2021
Chelsea, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of The Chelsea Collection. The multifamily portfolio consists of six buildings and 90 units.
Brady Sullivan Properties completes $15 million sale of 199 & 201 Riverneck Rd., Chelmsford, MA

Brady Sullivan Properties completes $15 million sale of 199 & 201 Riverneck Rd., Chelmsford, MA

April 30, 2021
Chelmsford, MA Brady Sullivan Properties closed Quarter 1 with the disposition of a two-building portfolio: 199 & 201 Riverneck Rd., totaling 94,828 s/f and 90,399 s/f respectively.
Marcus Partners files plans for life science campus at parcels O & P in Raymond L. Flynn Marine Park

Marcus Partners files plans for life science campus at parcels O & P in Raymond L. Flynn Marine Park...

April 30, 2021
South Boston, MA Marcus Partners, a real estate investment, management and development firm, today filed a Project Notification Form (PNF) for Parcels O and P in the Raymond L. Flynn Marine Park (RLFMP) in the South Boston Waterfront neighborhood.
Turner Construction launches tradeswomen’s luncheons

Turner Construction launches tradeswomen’s luncheons

April 30, 2021
Boston, MA Turner Construction Company launched its first series of Tradeswomen Luncheons to celebrate women in the construction industry. Four Turner Construction Co. jobsites hosted socially distanced luncheons for tradeswomen in 2021.
Everest of Nordlund Associates, Inc. negotiates  $5.8 million sale of 1 Industrial Dr., Danvers MA

Everest of Nordlund Associates, Inc. negotiates $5.8 million sale of 1 Industrial Dr., Danvers MA

April 30, 2021
Danvers, MA Chris Everest, president of Nordlund Associates, Inc. and Chris Decembrele of JLL negotiated the sale of 1 Industrial Dr., a 46,547 s/f multi-tenanted flex building on Rt. 1 for $5.8 million.
The Davis Companies secures 75,118 s/f in leases at two properties

The Davis Companies secures 75,118 s/f in leases at two properties

April 23, 2021
Waltham, MA The Davis Companies has secured new leases totaling 75,118 s/f between two of its premier Boston-area office properties: Cityside in Waltham and One Cabot Rd. in Medford. At Cityside, longtime tenant Bank of America is leasing an additional 23,330 s/f of expansion space, bringing its total occupancy at the property to 118,222 s/f.
Cummings Properties appoints Halsey as leasing manager

Cummings Properties appoints Halsey as leasing manager

April 23, 2021
Woburn, MA Full-service commercial real estate firm Cummings Properties has appointed John Halsey as its leasing manager. Halsey will oversee the company’s business development efforts across 10 of the 11 suburban communities in which it operates.
JLL Capital Markets reps PGA Realty in $44.25 million sale

JLL Capital Markets reps PGA Realty in $44.25 million sale

April 23, 2021
Wilmington, MA JLL Capital Markets has closed the $44.25 million sale of a four-property flex/industrial portfolio totaling 156,276 s/f in Wilmington and Methuen. The portfolio also includes a fully entitled development site supporting up to 235,040 s/f of new construction.
CBRE arranges sale of nine building industrial portfolio

CBRE arranges sale of nine building industrial portfolio

April 23, 2021
Wilmington, MA According to CBRE, BentallGreenOak (BGO) has acquired a nine-building, 700,000 s/f industrial portfolio in Mass. and N.H. A CBRE team led by Chris Skeffington and Scott Dragos represented the seller, Novaya Real Estate Ventures,
Stubblebine Co. sells six industrial buildings in Billerica for $11.935m

Stubblebine Co. sells six industrial buildings in Billerica for $11.935m

April 23, 2021
Billerica, MA The Stubblebine Company negotiated the sale of six industrial buildings in six different transactions: 13 Sterling Rd. (38,900 s/f); 3 Esquire Rd. (15,744 s/f); 11 Republic Rd. (3,800 s/f); 2 Republic Rd. (6,000 s/f); 0 Republic Rd. (1 acre land site); and 9 Sterling Rd. (6,000 s/f) for an aggregate total of $11.935 million.
Griffin Electric celebrates inaugural graduating class of Wentworth associate’s degree program

Griffin Electric celebrates inaugural graduating class of Wentworth associate’s degree program

April 23, 2021
Holliston, MA Wayne J. Griffin Electric, Inc. (Griffin Electric) held a breakfast graduation celebration for twelve of its employees, who finished their final classes and completed the requirements in December for their associate of Applied Science in Engineering Technology
IQHQ, Inc. and Meredith Management begin construction on $1 billion Fenway Center - to feature 960,000 s/f of life-science space

IQHQ, Inc. and Meredith Management begin construction on $1 billion Fenway Center - to feature 960,0...

April 23, 2021
Boston, MA IQHQ, Inc., a premier life sciences real estate development company and local co-developer Meredith Management, began construction on the $1 billion Fenway Center development, a life science campus that will anchor a growing life science district between Kenmore Sq. and the Longwood Medical and Academic Area.