Category: Owners Developers & Managers
NAI Global earns spot in 2020 Lipsey Survey
February 28, 2020
Worcester, MA NAI Global – of which NAI Glickman Kovago & Jacobs is a member – earned the top third spot in the 2020 Lipsey Survey of Top 25 Commercial Real Estate Brands. The survey was conducted among
Ellis Realty and The Business Exch. complete sale of Braintree Lumber
February 28, 2020
Braintree, MA Ellis Realty Advisors completed the recent sale of 110 Hancock St. David Ellis and Adam Bauer represented both the buyer and seller in the transaction. The sale price was not disclosed.
BR+A Consulting Engineers hires McGillicuddy as director of business development in Boston
February 28, 2020
Boston, MA According to BR+A Consulting Engineers, Sarah McGillicuddy has joined the firm as director of business development. With over 15 years of business development experience in the A/E/C industry developing strategies, tools, and tactics
IBEW Local 103 and NECA partner with Boston Bruins and TD Garden
February 28, 2020
Boston, MA The International Brotherhood of Electrical Workers (IBEW) Local 103, and the National Electrical Contractors Association (NECA) of Greater Boston have entered into a new sports marketing partnership with the Boston Bruins.
Colonial Properties handles two sales totaling $1.225 million
February 21, 2020
West Haven, CT Fred Messore, senior vice president of Colonial Properties, Inc., represented the seller, S.K.F. Automotive, Inc., in the sale of 461 Derby Ave., a 5,250 s/f commercial building on .22 acres used for automotive repair. The property was purchased by Astro Auto Repair, LLC, who will use the building to complement their existing auto bod
Hunt Real Estate Capital provides $7.83 million to refinance 75-unit property
February 21, 2020
Worcester, MA Hunt Real Estate Capital has provided a loan in the amount of $7.83 million to refinance a Section 8 elderly affordable property. Emanuel Village Apartments is a 75-unit elderly (age 62+) head of household and disabled Section 8 affordable multifamily property located at 59 Evelyn St.
Citizens provides $53 million loan to National Development’s 7INK - former Boston Herald site, wil...
February 21, 2020
Boston, MA Citizens Commercial Banking’s commercial real estate finance team provided a $53 million loan to National Development for the construction of 7INK, a 180-unit co-living residential project at the Ink Block development
Senné acquires One Lewis Wharf for $13.2 million - 15,852 s/f waterfront office building in the Nor...
February 21, 2020
Boston, MA Senné has purchased One Lewis Wharf, a waterfront office building in the city’s North End. The property was purchased for $13.2 million in a private transaction. The transaction was brokered by CBRE
Prolman Realty completes $2.2 million sale
February 21, 2020
Hudson, NH Prolman Realty, Inc. completed the sale of 225-227 Lowell Rd. to the Lannan Co., according to Mark Prolman who represented the seller, RDB Holdings et al. Dusty Burke of American Commercial Real Estate
2020 – Big changes or status quo? - by Jonathan Avery
February 21, 2020
The year ahead will surely be an interesting one. The bull market and strong economy is now considered one for the history books. Now at 10-11 years we have pretty much recovered - and then some – from the Great Recession. Should we be worried?
Boston & Cambridge lodging market declines as economic growth slows and supply increases - by Sebast...
February 21, 2020
The Greater Boston economy continued to improve in 2019, albeit at a slower pace than in years past. This slowing growth combined with an increasing supply of hotels negatively impacted performance metrics for the Boston and Cambridge lodging market.
Horvath & Tremblay sells five retail properties in New England for $13.34 million - including the $5...
February 21, 2020
Beverly, MA Horvath & Tremblay has started out 2020 with the sale of 5 retail properties in New England for a total amount of $13,349,893. The properties include: Aubuchon Hardware and Beverly Bank; Elm Street Shops in Pittsfield, Mass.
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