News: Front Section

Mercedes-Benz of Burlington breaks ground on 55,000 s/f location - Vocon is the architect and ECG Construction is the construction manager

Mercedes-Benz of Burlington has broke ground on the site of the new dealership planned for 80-82 Cambridge St. Bernie Moreno, owner of Mercedes-Benz of Burlington and town officials joined residents and the project team to celebrate the revitalization of the property and the beginning of the new, development of Mercedes-Benz of Burlington, a 55,000 s/f auto dealership. The project team included Vocon as the architect and ECG Construction as the construction manger. The Collection Auto Group is the owner of the property. "We are thrilled to begin the next phase of the project and continue our partnership with the Town of Burlington," said Moreno. "We are grateful for the support of the residents of Burlington, and anxiously look forward to the revitalization of this property." Having received the resounding approval of town meeting to rezone the site to a Planned Development District (PDD) in late January, the rezoning cleared the way for the construction of the group's proposed Mercedes-Benz of Burlington. The zoning change has extended the PDD commonly known as "Burlington Corporate Center" to include the property at Cambridge St. Prior to the vote, the site was zoned as a General Industrial District and permitted for 85,000 s/f of office space. Mercedes-Benz of Burlington has worked closely with town officials, town meeting members and the Burlington community since the inception of the project. Mercedes-Benz of Burlington is engaged in the special permitting process with the Town, and will be moving forward with initial construction plans over the coming months. Shown (from left) are: Joe Impemba, planning board member; Nick Dimauro, lead counsel; Paul Raymond, planning board member; Bob Hogan, selectman; Bernie Moreno, owner, Mercedes-Benz of Burlington; Karl Stefan, regional manager of dealer development of Mercedes-Benz USA; Penny Cieri, VIP sales manager of Mercedes-Benz of Burlington; Sean King, vice president and general manager of Mercedes-Benz of Burlington; Michael Fratarelli, architect for Mercedes-Benz USA; Shad Sletto, VP of EGC Construction; Todd Greico, area manager, Mercedes-Benz USA; Rob Kistler, CFO for The Collection Auto Group; and Denver Brooker, project architect, Vocon.
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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

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.
It’s time to get creative with closed college campuses - by Christian Koulichkov

It’s time to get creative with closed college campuses - by Christian Koulichkov

Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in
5 Questions to ask when  choosing a real estate broker - by Elizabeth Perez Barlett

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.
Investing in a falling rate environment - by Harrison Klein

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.