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Category: Owners Developers & Managers
TwentyTwenty: Now what? - by Carol Todreas
January 31, 2020
If in this new year of the new decade you are shaky about retail, you are right on. Headlines range from apocalypse to renaissance and everything in between. Be it AI technology, consumer demographics, or Amazon’s potential drone deliveries, it’s information overload and then what? Here is what is happening:
Related Beal signs 269,000 s/f lease to Vertex Pharmaceuticals at Innovation Square
January 31, 2020
Boston, MA Related Beal has completed a 269,000 s/f lease with global biotechnology company Vertex Pharmaceuticals for 100% of the commercial space at Phase II of its Innovation Square (iSQ) development in Eastern Seaport.
Lyman Real Estate handles 1,425 s/f lease
January 31, 2020
Old Saybrook, CT According to Ron Lyman, CCIM, CEO of Lyman Real Estate, a non-profit, resident performing arts company will be relocating to town. Lyman associate Patrick Sennott represented Drama Works Theatre Company, which will be doing
JLL Capital Markets arranges $46.1 million sale of
15 Broad St., Boston - a 77,678 s/f office an...
January 31, 2020
Boston, MA JLL Capital Markets has arranged the $46.1 million sale of 15 Broad St., a 77,678 s/f office and street level retail building. JLL exclusively represented the seller and procured the buyer, TA Realty.
Porter of The Spencer Group Ltd. brokers $600,000 sale of 2,236 s/f of land in Roxbury
January 31, 2020
Roxbury, MA This past summer, papers were passed for the sale of 17 Centre St. and 234 Roxbury St. in Fort Hill. The sale price was $600,000 for the 2,236 s/f parcels and the city permits to build a five-story condominium of three floor-through
RK Centers names Freeman COO and general counsel
January 31, 2020
Needham, MA Commercial real estate attorney Eric Freeman has been named chief operating officer and general counsel for RK Centers.
Linear Retail Properties acquires 6,291 s/f building for $3.625 million
January 31, 2020
Cambridge, MA Linear Retail Properties, LLC has purchased 1755-1761 Massachusetts Ave. – a 6,291 s/f, single-story store block consisting of three retail condominiums in the Porter Sq. neighborhood.
Interstate Electrical launches first registered Mass. apprentice program for manufacturing assembler...
January 31, 2020
Billerica, MA Interstate Electrical Services Corp. debuted the first apprenticeship program in Massachusetts specifically designed for manufacturing assemblers in the electrical field. Interstate’s new Team Assembler Electrical Apprentice Program expands opportunities
Pierce and Verenis of Marcus & Millichap arrange 1031 Exchange of two properties totaling $3.073 mil...
January 24, 2020
Somerville, MA Marcus & Millichap has completed the sale of Perry St. Apartments, a three-unit apartment property located at 49-51 Perry St. in Somerville, and 16 Grove St., a six-unit apartment property located in Providence.
The Davis Cos. completes three leases totaling 31,650 s/f at Cityside
January 24, 2020
Waltham, MA The Davis Companies has completed three new leases totaling 31,650 s/f at Cityside, its class A, 300,000 s/f office propertylocated less than one mile east of Rte. 128 and adjacent to a revitalized
The Stubblebine Co. brokers $2.175 million building sale
January 24, 2020
Attleboro, MA David and James Stubblebine, principals of The Stubblebine Company/CORFAC International, have sold a 41,742 s/f fully leased property situated on seven paved rail served acres at 50 Fuller Ave. for $2.175 million.
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