Category: Owners Developers & Managers

Summit Realty Partners completes two deals at Highland Plaza, Easton

Summit Realty Partners completes two deals at Highland Plaza, Easton

February 12, 2021
Easton MA Summit Realty Partners has completed two recent transactions at Highland Plaza. Starbucks has signed a lease for a brand new, freestanding 2,500 s/f building with drive-thru located on a pad site at 33 Robert Dr. In addition
Quinn and Quinlan of SVN | Parsons handle 37,800 s/f lease

Quinn and Quinlan of SVN | Parsons handle 37,800 s/f lease

February 12, 2021
Marlborough, MA Garrett Quinn and Matt Quinlan of SVN | Parsons Commercial Group | Boston represented IEP Technologies in a long-term lease renewal for 37,800 s/f at 417 South St.
Atlantic Commercial handles 740 s/f lease

Atlantic Commercial handles 740 s/f lease

February 12, 2021
Brookline, MA Atlantic Commercial Real Estate, LLC has completed the leasing of a 740 s/f medical office condo located at 1180 Beacon St, Unit 5D.  David Linehan of Atlantic Commercial Real Estate
Nohrden of Burgess Props. brokers $5.285m in sales

Nohrden of Burgess Props. brokers $5.285m in sales

February 12, 2021
Malden, MA Burgess Properties, LLC has brokered the sale of 185 Commercial St. in Malden and 975 Reed Rd. in North Dartmouth for $5.285 million with Greg Cahill of Black Oak Property Advisors.
SIOR holds panel discussion on tenant improvements

SIOR holds panel discussion on tenant improvements

February 12, 2021
Boston, MA The New England SIOR Chapter held a Panel Discussion on October 29th with three construction/landlord panelists to discuss how to avoid the horrors of deals gone bad due to costs not meeting estimate expectations.
WS Development and PSP Investments signs Amazon to 630,000 s/f in Seaport

WS Development and PSP Investments signs Amazon to 630,000 s/f in Seaport

February 5, 2021
Boston, MA WS Development, in partnership with the Public Sector Pension Investment Board (PSP Investments), joined Amazon, mayor Martin Walsh, and governor Charlie Baker in announcing that Amazon has leased 630,000 s/f of office space in a new building to be constructed at the company’s 33-acre Seaport development.
Newmark completes sale of 217,592 s/f 11 Centennial Dr.

Newmark completes sale of 217,592 s/f 11 Centennial Dr.

February 5, 2021
Peabody, MA Newmark has completed the sale of 11 Centennial Dr., a “last-mile” warehouse/distribution facility located 15 miles north of Boston. Comprising 217,592 s/f, 11 Centennial Dr. is fully occupied by Cardinal Health, one of the largest drug wholesalers in the United States. Cardinal Health utilizes the property as a regional distribution facility
Executive of the Month: Santos is the managing director of  Performance Northeast Services, LLC

Executive of the Month: Santos is the managing director of Performance Northeast Services, LLC

February 5, 2021
Boston, MA The New England Real Estate Journal (NEREJ) sat down with Lee Santos, this month’s executive of the month, for a question and answer session. Santos is the managing director of Performance Northeast Services, LLC.
Product of the Month: RenuKrete - Outdoors and indoors, restoring concrete floors to new life

Product of the Month: RenuKrete - Outdoors and indoors, restoring concrete floors to new life

February 5, 2021
Northborough, MA With warmer weather arriving in the not too distant future (one hopes!), many residential management firms and commercial property owners are planning for repairs that they may have put off “just one more year.”
Colliers International handles $23.3 million portfolio sale to The Grossman Cos. - includes Sherborn Court Apartments in Medford and 124 Summer St. in Somerville

Colliers International handles $23.3 million portfolio sale to The Grossman Cos. - includes Sherborn...

February 5, 2021
Medford, MA Colliers International completed the closing of a five building, 76-unit multifamily portfolio located in both Somerville and Medford for $23.3 million. The portfolio included Sherborn Court Apartments in Medford
Standard Communities completes first acquisition in Mass. - an apartment property and senior community

Standard Communities completes first acquisition in Mass. - an apartment property and senior communi...

February 5, 2021
Methuen, MA Marking its first transactions in Massachusetts, Standard Communities, the affordable housing division of Standard Companies, has acquired Mills Falls Apartments in Methuen, a 97-unit mixed-income property
Hilco Redevelopment Partners and Redgate Capital Partners receive approval to redevelop the Edison Power Plant in South Boston

Hilco Redevelopment Partners and Redgate Capital Partners receive approval to redevelop the Edison P...

February 5, 2021
South Boston, MA Hilco Redevelopment Partners and Redgate Capital Partners, the real estate development partnership behind the redevelopment of L Street Station, received approval from the Boston Planning and Development Agency