News: Front Section
Posted: November 1, 2019
Kane promoted to president and CEO of A.D. Makepeace Co.
Wareham, MA James Kane, COO of the A.D. Makepeace Co., has been promoted to president and CEO of the company. Kane will replace Michael Hogan, who will shift to direct the company’s Redbrook operations in Plymouth as president and CEO of Agawam Development Company, LLC. Hogan will continue to serve on the Ocean Spray board of directors.
Kane has been with the A.D. Makepeace since September, 2005, serving in a variety of senior roles before assuming his current responsibilities in 2018.
Most recently, he managed the transition of Read Custom Soils into a fully integrated division of A.D. Makepeace.
Kane and Hogan previously worked together at MassDevelopment, where Hogan was president and CEO and Kane was chief operating officer. Before that, Kane served as chief of operations for the Massachusetts Turnpike Authority.
He serves as chairman of the Massachusetts Maritime Academy Board of Trustees and is an elected selectman in the town of Shrewsbury, where he resides with his wife, State Rep. Hannah Kane, and their three children.
The management transition occurred on October 1, and was approved by the company’s board of directors in July.
Hogan’s focus on Redbrook comes at a time when the new village in South Plymouth achieves significant milestones, with the opening of 184 rental apartments and the village’s second commercial building, and the sale of 300 homes. Ultimately, Redbrook will include some 1,200 residences in a variety of styles and price points, along with up to 90,000 s/f of commercial space.
Tags:
Front Section
MORE FROM Front Section
Front Section
McEvoy of The Conrad Group brokers $2.9 million sale of industrial building
Hingham, MA The Conrad Group has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
Columns and Thought Leadership
Investing in a falling rate environment - by Harrison Klein
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty
As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.
5 Questions to ask when choosing a real estate broker - by Elizabeth Perez Barlett
>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,