Category: Front Section
Nordlund Associates arranges three leases
April 5, 2024
Danvers, MA Nordlund Associates have facilitated three new leases at 99 and 199 Rosewood Dr. in Danvers as well as 8 Essex Center Dr. in Peabody, Mass. Nordlund represented the landlord in these lease negotiations, pleased to accommodate NorthEast Health Services LLC, Nice Family Health Services LLC, and Premier Solar LLC to the properties.
Carr Properties launches luxury private events platform - Carr + Events
April 5, 2024
Boston, MA Carr Properties (Carr), a hospitality-driven, privately held real estate investment trust, has launched Carr + Events - a private events platform aimed at maximizing the utilization of its trophy office spaces while delivering top-tier, customizable event space to the market.
AspenTech HQ with Cresa Boston named Suburban Office Deal of the Year
April 5, 2024
Bedford, MA Aspen Technology, Inc. headquarters project has been named the Suburban Office Deal of the Year by the Commercial Brokers Association. These annual achievement awards celebrate notable deals in Greater Boston that demonstrate creative thinking and achieve game-changing results for space users.
Pouladians of North Shore Realty Advisors sell 55 Broad St. Apartments
March 29, 2024
Lynn, MA North Shore Realty Advisors Inc. brokered the sale of 55 Broad St. Apartments. This property has not been available for sale since 1975 when North Shore Realty’s client purchased the property from the developer. The brick garden style was built in 1974 consisting of 15,393 gross s/f and 14,226 rentable s/f.
Billerica honors Local 103 IBEW leaders
for 20 years of support
March 29, 2024
Billerica, MA Town resident and Local 103 IBEW business manager Lou Antonellis, and his brother, IBEW business agent Rich Antonellis, were honored by the select board for the electrical worker union’s 20-year support for the town, including the Billerica Holiday Festival
Griffith Pepdjonovic Group of Marcus & Millichap sell 17-units at 887 Varnum Ave., Lowell, MA
March 29, 2024
Lowell, MA Marcus & Millichap negotiated the sale of 887 Varnum Ave., a 17-unit multifamily property. The asset sold for $3.15 million. 887 Varnum Ave. is comprised of five studios and 12 two-bed/one-bath units featuring 25 parking spaces and on-site laundry.
Diamond of Cummings Properties leases 15,500 s/f to Type One Energy
March 29, 2024
Woburn, MA Type One Energy Group scaled up its greater Boston operation with a 15,500 s/f space at 299 Washington St., a building in Cummings Properties’ science and technology cluster. The cleantech firm had outgrown its previous facility, on Tyler St. in Somerville.
Mesa West Capital funds $81 million loan to refinance
289-unit Emblem 120 in Woburn, MA
March 29, 2024
Woburn, MA Mesa West Capital has provided a joint venture between affiliates of Toll Brothers, Inc. and Carlyle with an $81 million loan to refinance Emblem 120, a 289-unit mid-rise multifamily property.
Norton, Kelleher and Pentore of Horvath & Tremblay sell 36-unit Union Grove Apartments for $8.25 mil...
March 29, 2024
Methuen, MA Spencer Norton, Dennis Kelleher, and John Pentore of Horvath & Tremblay have completed the sale of the Union Grove Apartments. The trio represented the seller and procured the buyer to complete the transaction at a sale price of $8.25 million which represents $229,167 per unit and a 6.69% cap rate.
The Asian Real Estate Professional Association and The Counselors of Real Estate host joint program ...
March 29, 2024
Boston, MA The Asian Real Estate Professional Association (AREPA) and The Counselors of Real Estate (CRE) New England Chapter hosted a joint program “Why Life Science Real Estate Now?” on February 28th, at Unispace at 1 Post Office Sq. 37th floor.
West Shore hires six new key team members
March 29, 2024
Boston, MA West Shore, a fully integrated real estate firm with a specific focus on acquisition and management of multifamily assets, has added six key team members The recent hires include:
Saenz, Kirkland and Casey of Northeast Private Client Group sell Winn Street Office
March 29, 2024
Woburn, MA Northeast Private Client Group (NPCG) sold Winn Street Office, a 26,960 s/f two-story brick building at 110 Winn St. Senior associate Francis Saenz, Drew Kirkland, and Jim Casey represented the seller
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