Category: Owners Developers & Managers

Lowell, MA SVN | Parsons Commercial Group | Boston has completed the sale of a 33,000 s/f two-story building on 1.04 acres at 81 Bridge St. for $2.57 million. Senior real estate advisors, Marci Alvarado and Jake Parsons of SVN| Parsons represented the seller, Bridge Street Business Center, LLC and procured the buyer, Mill Bridge Residential, LLC.

Boston, MA JLL Capital Markets has arranged the $12.25 million sale and acquisition financing for a 26,500 s/f, fully leased, last-mile industrial property with ample delivery truck and van parking at 202 Southampton St. in the Newmarket District near downtown.

Lowell, MA Seaver Construction has completed renovations for the new MCC Biotech Teaching Lab for Middlesex Community College. The fast-track 6,900 s/f project involved a complete renovation to the fifth floor of the 1890’s era Talbot Science building.

Boston, MA ePropertyCare, a technology company bringing smart building solutions into the rental and multihousing property market, formed a partnership with Capstone Communities. Through the partnership, ePropertyCare is installing its building protection and automation solution in Capstone’s newest affordable housing developments

Brockton, MA The city of Brockton will receive $2.65 million from the Commonwealth of Massachusetts through the MassWorks Infrastructure Grants program. These funds will be reimbursed to the city to fund road, utility, and housing development on Garfield St. and Terminal Place.

Boston, MA Hilco Redevelopment Partners (HRP), the real estate development unit of Hilco Global that remediates and redevelops complex and obsolete industrial properties, has hired George Needs to the position of vice president – mixed use development.  Needs joins the growing HRP organization and will be a vital addition to the new urban mixed-use development team.

Norwood, MA According to HallKeen Management, a residential and assisted living property management company, Porter Terry has joined their company as CFO. Terry has extensive real estate finance industry experience and will be tasked with overseeing the companies accounting and finance operations.

Today, electricians have many modern tech tools at their fingertips. But there’s one tool you may not immediately expect electricians to have in their arsenal: thermal imaging cameras. These cameras use infrared thermography to help electricians safely analyze and diagnose potential electrical problems.

Lynn, MA Proverb, a multidisciplinary branding agency in Boston, has completed branding and marketing assignments for Caldwell, a unique luxury living space that will be open later in the fall and is currently open for tours, according to Proverb’s managing director, Daren Bascome. 

Hingham, MA Phase Zero Design has completed the promotion of Darlene Hawley, Jillian Tara, IIDA, LEED AP ID+C, and John Selle, AIA, LEED AP, BD+C to associate, and Shaughn Thomas to senior associate of the firm. This news was announced by principals Jim Kimball and Matt Wittmer during the quarterly firm-wide meeting.

Brighton, MA Surus Development & Construction has broken ground on a new condominium development for affiliated company Jumbo Capital. The six-story, 120,000 s/f project marks one of the first significant owned residential developments in the emerging neighborhood. The project is located off Leo M. Birmingham Parkway, across from the New Balance development site.

Boston, MA Last month, on Tuesday, November 17th BOMA Boston held their annual TOBY & Industry Awards recognizing the best and brightest in property management, building operations and service in the Commercial Real Estate Industry. It was a lovely event celebrating the winners and nominees! Visit https://www.bomabostontoby.com/ to view the full list of winners and sponsors!