Category: Owners Developers & Managers
Starting a new hotel investment cycle - by James O'Connell
August 21, 2020
During preparations for an upcoming championship boxing match, Mr. T was asked what he predicted for the fight between he and Rocky Balboa. All Mr. T predicted was, “PAIN.” Sadly, all that can be accurately predicted for the Northeast’s and National hotel industry, over the next six to eighteen months is, PAIN.
Girolamo of Horvath & Tremblay handles $2.325 million in two sales
August 21, 2020
Salem, MA Stephen Girolamo of Horvath & Tremblay has arranged the sale of 122 Boston St. as well as 75-79 Boston St. for $2.325 million. 122 Boston closed at a sale price of $1.175 million and $195,833 per unit.
Cummings Properties hires local students for summer
August 21, 2020
Woburn, MA Although the pandemic made seasonal jobs scarce this year, 20 local students found gainful employment at Cummings Properties.
Dealing with IRS penalties - by Michael Duffy
August 21, 2020
Taxpayers who fail to file their tax returns on time or fail to pay the full amount due are automatically hit with hefty charges for interest and penalties. When this happens, taxpayers should expect to receive a bill in the mail a few months after filing.
Calare completes plans for a new industrial dev. at 50 Nagog Park
August 21, 2020
Acton, MA Calare Properties (Calare) has completed plans for a new industrial development at 50 Nagog Park to meet the growing demand for flexible, high bay assets in suburban markets. The build-to-suit project will deliver 120,000 s/f of industrial flex space
Stonebridge Homes works on three new model homes at Stonebridge at Union Point
August 21, 2020
South Weymouth, MA Stonebridge Homes Inc. is in the process of building three model homes in the new development at the exclusive Union Point. Once completed, Stonebridge at Union Point
Sullivan & Sullivan Auctioneers brings 30+ acres of land to auction
August 21, 2020
East Bridgewater, MA Sullivan & Sullivan Auctioneers will bring 30+ acres to auction on behalf of the town. This public auction will consist of four separate offerings.
Reinventing your town retail center: Start here - by Carol Todreas
August 18, 2020
Millennials, Baby Boomers, artists, entrepreneurs and techies are moving out of cities into suburban and exurban communities. Building owners, business owners and civic leaders are wondering how to take advantage of this demographic change and attract new tenants to dated looking streets and storefronts?
Cabot, Cabot & Forbes’ The Overlook at St. Gabriel’s now open
August 14, 2020
Brighton, MA The Overlook at St. Gabriel’s, the new hilltop residential community at 161- 185 Washington St., is now open. Real estate developers Cabot, Cabot & Forbes and Peak Campus
Newmark Knight Frank completes 8,017 s/f medical lease to Fresenius
August 14, 2020
Wellesley, MA Newmark Knight Frank (NKF) has completed 8,017 s/f, long-term medical office lease to Fresenius Kidney Care (Fresenius) at 981 Worcester St.
Colliers International’s Southwest suburban team completes multiple deals - including full-buildin...
August 14, 2020
Boston, MA In a wide array of recent transactions taking place in the midst of the COVID-19 pandemic, Colliers International’s Southwest suburban team has displayed resiliency in its pursuit of continuing to operate business as usual.
Charter Development and National Grid complete land transfer for a 30-acre public open space
August 14, 2020
Lynn, MA Charter Development and National Grid completed the closing of a land transfer along the waterfront, paving the way for the future creation of a 30-acre public open space as envisioned by the city’s 2019 Waterfront Master Plan.
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