Category: Owners Developers & Managers

Hingham, MA A.W. Perry is mourning the loss of their friend and president, Richard Beal.  Rich passed away suddenly on Monday, September 21, and they are heartbroken by the untimely passing of their beloved colleague. Rich was first and foremost a dedicated father and husband, and he was also an exceptional leader to the A.W. Perry team and in the Greater Boston real estate and business community

Watertown, MA Newmark Knight Frank (NKF) has completed two lease extensions totaling 46,966 s/f at Riverworks at Aetna Mills, located at 480 Pleasant St. Former subtenants, Markforged–an industry leading industrial 3D printer manufacturing company–and InCrowd–a

Not that your company is as big as Netflix (yet!), but a story last year in the Boston Globe caught my attention: Netflix has 137 million subscribers around the world, but it had to raise monthly subscription rates by one dollar (That’s monthly added revenue of $137 million!) in order to compete with the other networks producing quality new content – such as Disney, FX and Amazon.

My last article for NEREJ in late February labeled corona virus as a “real concern” for New England hotels. Well, the past six months have felt like six years and, referencing my esteemed colleague Jim O’Connell’s analogy in his August article, the PAIN continues! The virus shut down travel and business activity in March and the hotel business has been one of the hardest hit economic sectors with travel grinding to a halt and millions of jobs lost.

Boston, MA Citizens M&A Advisory served as the exclusive financial advisor to BV Investment Partners, a private equity firm focused on information and business services and communications industries, on its simultaneous acquisition of two ServiceNow consulting partners – GlideFast Consulting, a locally-based commercial partner, and Pharicode, a Huntsville-based government partner.

Burlington, MA Azzur Group, a leading solution provider dedicated to helping life science innovators start, scale and sustain their GxP organizations, entered a 12-year lease with Nordblom Company at 60 Blanchard Rd., and is poised to occupy the entire 50,300 s/f space by summer 2021. The building includes 650 ft. of Rte. 128 frontage, making it both highly visible and easily accessible.

Framingham, MA Metrowest Commercial Real Estate brokers Marlene Aron and Cheryl Tully Stoll have completed several transactions. These include the sale of a 840 kW solar farm on 3.21 industrial zoned acres for $1.95 million. The property is located on Rte. 135 at 721 Waverly St. Aron, the lead broker for the transaction, will represent the new owners who will operate the solar farm and build a 100,000 s/f industrial building on the site.

Milford, CT According to Barbara Pearce, chair and CEO of Pearce Real Estate, Kimra Pierre has joined the local office as a residential sales associate. “We are excited to welcome Kimra into our Pearce Real Estate family and look forward to her having a very successful career with us,” said Pearce. “Kimra’s desire to expand into Connecticut shows she understands the dynamics of the current market and is now well-positioned to assist her New York Metro clients transition into residence in Connecticut.” 

This is the second article in a series on the circumstances that can give rise to a civil lawsuit. The first article in the series can be found on Fletcher Tilton’s website under ARTICLES and on the NEREJ website.  Corporate Liability Generally Before diving into a discussion of the most common causes of action - which are the combination of facts sufficient to justify a right to sue to obtain money, property, or the enforcement of a right against another party - it seems appropriate first to discuss corporate liability generally.

Cambridge, MA Light and bright are the guiding principles of 75-77 Inman St. From the sunny exteriors to the clean lines inside, these two newly renovated units are perfect for lovers of modern design. The city is often referred to as “The City of Squares.”

Peabody, MA Despite waning office activity around the greater Boston market, the industrial sector continues proving to be a shining light of positivity and momentum on both the leasing velocity and sales transaction fronts. In a transaction demonstrating that there may be more appetite for industrial product than current supply affords

Woburn, MA Despite much of the real estate industry turning on its head due to COVID-19, R.W. Holmes is demonstrating there is still an appetite for acquisitions in the metro Boston market. One of R.W. Holmes’ most recent deals is the sale of 10 State St,, for $7.4 million