News: Front Section

Northbridge Companies officially opened the doors to its newest community, Stonebridge at Burlington

The Northbridge Companies officially opened the doors to its newest community, Stonebridge at Burlington. The senior living community offers independent living, assisted living and memory care in a building that features some of the most innovative amenities in the senior living industry. Located at 50 Greenleaf Way, Stonebridge has 110 apartments. As of now, the community is 50% occupied. Designed by The Architectural Team and built by Callahan Construction, the 96,000 s/f community evokes a tranquil spa-like feeling with warm hues, a large open foyer with a stone fireplace, and an open-air courtyard also with a fireplace. Among the ample amenities are a full-service spa where residents can enjoy manicures, pedicures, facials, hair services and massages. Other amenities include a theater room, an outdoor bocce court, a pub, a library and a "brain gym" (computer lab). The building includes multiple dining areas and cozy nooks for families to spend time with the residents upon visits. One of the signature gathering points is a Microsoft Surface Table in the café - a 30 inch touchscreen coffee table that is essentially an oversized tablet or iPhone. The table will give residents and families endless options for interacting, sharing photos and videos, playing games and much more. "We did our market research and designed this community to really respond to what today's seniors want," said Northbridge president Wendy Nowokunski. "They're an active group and they enjoy the same things we do - being pampered at a spa, watching a good movie, Skyping friends and family, playing bocce, having a drink with friends at a pub, gardening, playing Wii, the list goes on and on. We have many children who have come in to visit their parents and say 'wow, I wish I could live here.' This is what we call senior living reimagined." Stonebridge at Burlington is operated by The Northbridge Companies, an independent company located just down the road in Burlington. Northbridge owns eight assisted living communities throughout New England with plans to open two more in the next year.
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
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.
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
Newmark negotiates sale of  10 Liberty Sq. and 12 Post Office Sq.

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,
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.