Massachusetts Archives - REBusinessOnline

Ionomr Innovations Opens 22,000 SF Manufacturing Facility in Charlestown, Massachusetts

Taylor Williams — Wed, 04 Feb 2026 15:11:44 +0000

CHARLESTOWN, MASS. — Electrochemistry company Ionomr Innovations Inc. has opened 22,000-square-foot manufacturing facility in Charlestown, located north of Boston. The facility, which includes research-and-development space, is located within Hood Park, which is a redevelopment of the former facility of dairy producer H.P. Hood & Sons. Ionomr expects the facility to account for the creation of 40 new jobs over the next three years.

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Gilbane Tops Out 19,335 SF Academic Project in Metro Boston

Taylor Williams — Tue, 03 Feb 2026 15:28:29 +0000

NEWTON, MASS. — Gilbane Building Co. has topped out a 19,335-square-foot academic project in metro Boston. The building is a new dining hall for students at The Fessenden School, a K-12 establishment in Newton, located just west of the state capital. The building will feature an all-electric kitchen and a flexible design that divides the dining room into two zones separated by a central servery and flex bar.

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CBRE Brokers Sale of 206-Unit Apartment Complex in Watertown, Massachusetts

Taylor Williams — Thu, 29 Jan 2026 13:36:28 +0000

WATERTOWN, MASS. — CBRE has brokered the sale of Watertown Mews, a 206-unit apartment complex located on the western outskirts of Boston. Built in 2014, Watertown Mews offers studio, one-, two- and three-bedroom units with an average size of 1,014 square feet. Amenities include a pool, community room, business center, media room, fitness center, community garden and outdoor dining and grilling stations. Simon Butler, Biria St. John, John McLaughlin and Brian Bowler of CBRE represented the seller, an account advised by PGIM, in the transaction and procured the buyer, Mesirow.

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Makarora, Ares Complete $2.1B Acquisition of Plymouth Industrial REIT

Taylor Williams — Wed, 28 Jan 2026 16:16:47 +0000

NEW YORK CITY AND BOSTON — Affiliates of New York City-based investment firm Makarora Management and global investment firm Ares Management Corp. (NYSE: ARE) have completed the $2.1 billion, all-cash acquisition of Boston-based Plymouth Industrial REIT. Under the terms of the deal, which was announced last fall, Plymouth shareholders will receive $22 for each share of common stock they own, and Plymouth will no longer be traded or listed on any public securities exchange. The transaction also calls for the acquiring entities to assume certain pieces of Plymouth’s outstanding debt. The purchase price represents a premium of approximately 50 percent to Plymouth’s unaffected closing common stock price on August 18, 2025. That date marks the last trading day prior to the filing of a Schedule 13D by affiliates of Sixth Street Partners LLC disclosing a nonbinding proposal to acquire all of the outstanding shares of Plymouth’s common stock.

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Lydian Opens 25,000 SF Life Sciences Facility at Hood Park in Metro Boston

Taylor Williams — Wed, 21 Jan 2026 14:42:38 +0000

CHARLESTOWN, MASS. — Lydian, a Massachusetts-based provider of synthetic fuels, has opened a 25,000-square-foot life sciences facility in Charlestown, located north of Boston. The space is located within Hood Park, a 20-acre mixed-use redevelopment of the former H.P. Hood and Sons dairy facility, and will support operations at Lydian’s demonstration plant. The launch of that facility is scheduled for 2027.

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TransMedics Signs 498,000 SF Headquarters Lease in Somerville, Massachusetts

Taylor Williams — Tue, 13 Jan 2026 14:46:41 +0000

SOMERVILLE, MASS. — TransMedics Group Inc. has signed a 16-year, 498,000-square-foot headquarters lease in Somerville, located just outside of downtown Boston. The provider of organ transplant therapy services will occupy the entirety of a newly constructed, 12-story building within Assembly Innovation Park that houses office, life sciences and manufacturing space. San Diego-based BioMed Realty owns Assembly Innovation Park, which is planned to ultimately feature three office/life sciences buildings, as well as retail and open green space.

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Dentsply Sirona Renews 84,413 SF Office, Industrial Lease in Waltham, Massachusetts

Taylor Williams — Fri, 09 Jan 2026 13:39:02 +0000

WALTHAM, MASS. — Dentsply Sirona has renewed its 84,413-square-foot office and industrial lease in Waltham, a western suburb of Boston. The North Carolina-based provider of dental products will continue to occupy the entirety of the building at 590 Lincoln St., which includes manufacturing space, for an additional six years. CBRE represented the landlord, Hobbs Brook Real Estate, in the lease negotiations. Cushman & Wakefield represented the tenant, which has leased the building since 2017.

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Marcus & Millichap Brokers $20.5M Sale of Metro Boston Multifamily Property

Taylor Williams — Mon, 22 Dec 2025 14:28:56 +0000

ARLINGTON, MASS. — Marcus & Millichap has brokered the $20.5 million sale of Mystic Grove Apartments, a 60-unit multifamily complex located on the northwestern outskirts of Boston. Built in phases between 1925 and 1963, Mystic Grove offers studio, one-, two- and four-bedroom apartments, as well as a fitness center and onsite laundry facilities. Evan Griffith and Tony Pepdjonovic of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

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Newmark Negotiates $132M Sale of Office Property in Needham, Massachusetts

Taylor Williams — Fri, 19 Dec 2025 14:04:23 +0000

NEEDHAM, MASS. — Newmark has negotiated the $132 million sale of 140 Kendrick Street, a 400,00-square-foot office property in Needham, located southwest of Boston. Wellington Management anchors the property, which comprises three interconnected buildings that are also home to tenants such as Clarks, CyberArk and Focus Partners Wealth. Robert Griffin, Edward Maher, Matthew Pullen, James Tribble, Samantha Hallowell and William Sleeper of Newmark represented the seller, BXP (formerly known as Boston Properties), in the transaction. The team also procured the buyer, a partnership between Cross Ocean Partners and Lincoln Property Co.

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Stonegate Group Delivers 46-Unit Multifamily Project in Natick, Massachusetts

Taylor Williams — Fri, 19 Dec 2025 13:42:15 +0000

NATICK, MASS. — Local developer Stonegate Group has delivered a 46-unit multifamily project in Natick, a western suburb of Boston. In addition to the apartments, which come in one-, two- and three-bedroom floor plans, the four-story building features four for-sale duplexes and 12,000 square feet of retail space. Finegold Alexander Architects designed the project, and Nauset Construction served as the general contractor. Rents start at $3,200 per month for a one-bedroom, market-rate apartment.

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Newmark Brokers $84.5M Sale of Keurig Dr Pepper Campus in Metro Boston

Taylor Williams — Thu, 18 Dec 2025 14:22:12 +0000

BURLINGTON, MASS. — Newmark has arranged the $84.5 million sale of the 431,233-square-foot campus of Keurig Dr Pepper in Burlington, located north of Boston. The two-building campus was constructed in 2014 and consists of a 280,560-square-foot office building and a 150,673-square-foot research-and-development/manufacturing facility. Robert Griffin, Edward Maher, Matthew Pullen, James Tribble, Samantha Hallowell and William Sleeper of Newmark represented the seller, Peakstone Realty Trust, in the transaction. The team also procured the buyer, Montana Avenue Capital Partners.

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Logistics Property Co. to Develop 312,279 SF Industrial Project in West Bridgewater, Massachusetts

Taylor Williams — Tue, 16 Dec 2025 15:11:15 +0000

WEST BRIDGEWATER, MASS. — Chicago-based Logistics Property Co. will develop United Logistics Center, a 312,279-square-foot industrial project in West Bridgewater, located south of Boston. The site spans 43 acres at 38-40 United Drive, and the development will consist of two buildings that will span 131,045 and 181,234 square feet. Both buildings will feature 36-foot clear heights, “substantial” car and truck parking and the ability to accommodate a single or multiple users. Newmark represented the undisclosed seller in the land deal. Construction is expected to be complete in the first quarter of 2027.

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Sagard Real Estate Buys Metro Boston Warehouse for $17.8M

Taylor Williams — Fri, 12 Dec 2025 14:37:45 +0000

WOBURN, MASS. — Denver-based investment firm Sagard Real Estate has purchased a 66,970-square-foot warehouse located at 8 Roessler Road in Woburn, a northern suburb of Boston, for $17.8 million. The front-load building, which features a clear height of 24 feet, two dock-high doors and 55 car parking spaces, has housed the headquarters of Atlantic Plywood Corp. since 1987. Michael Restivo, David Coffman and Tommy Hovey of JLL represented the seller, a joint venture between Oliver Street Capital and Bain Capital Real Estate, in the transaction.

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Lument Provides $27M HUD-Insured Loan for Refinancing of Boston Affordable Housing Property

Taylor Williams — Wed, 10 Dec 2025 14:33:30 +0000

BOSTON — New York City-based Lument has provided a $27 million HUD-insured loan for the refinancing of East Canton Street Apartments, a historic affordable housing property located in the InkBlock neighborhood of Boston. The property consists of four five-story buildings that were originally constructed in the late 1800s and a house total of 80 units. East Canton Street Apartments was converted to HUD-subsidized housing in 1981 and rehabilitated in 2007. Tracy Peters of Lument originated the fixed-rate loan through HUD’s 223(f) program on behalf of the owner, HallKeen Management.

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Labshares Signs 58,000 SF Life Sciences Lease in Watertown, Massachusetts

Taylor Williams — Wed, 10 Dec 2025 14:19:10 +0000

WATERTOWN, MASS. — Labshares has signed a 58,000-square-foot life sciences lease in Watertown, a western suburb of Boston. The operator of shared lab facilities will occupy space at 66 Galen St., a newly completed, 225,000-square-foot facility that is part of a larger campus. Bob Richards, Ben Coffin and Sam Crossan of JLL represented the landlord, a partnership between The Davis Cos. and Boston Development Group, in the lease negotiations. Crossan also represented Labshares.

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NanoDx Signs 20,908 SF Life Sciences Lease in Watertown, Massachusetts

Taylor Williams — Tue, 09 Dec 2025 14:56:18 +0000

WATERTOWN, MASS. — NanoDx has signed a 20,908-square-foot life sciences lease in Watertown, a western suburb of Boston. The diagnostics company is taking space at 66 Galen St., a newly completed, 225,000-square-foot facility that is part of a larger campus. Stefan Frey of Commonwealth Commercial Advisors represented NanoDx in the lease negotiations. Bob Richards, Ben Coffin and Sam Crossan of JLL represented the landlord, a partnership between The Davis Cos. and Boston Development Group.

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NEPCG Arranges $9.7M Sale of Mixed-Use Building in Easthampton, Massachusetts

Taylor Williams — Mon, 08 Dec 2025 15:26:44 +0000

EASTHAMPTON, MASS. — Regional brokerage firm Northeast Private Client Group (NEPCG) has arranged the $9.7 million sale of Mill 180, a 96,200-square-foot mixed-use building in the Central Massachusetts city of Easthampton. The building is a conversion of a historic mill structure, the initial redevelopment of which took place in 2005. Mill 180 now consists of 25 apartments and 60,000 square feet of retail space. Tim McGeary and Taylor Perun of NEPCG represented the seller, local developer Michael Michon, in the transaction and procured the buyers, private investor Jay Patel and associates.

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Foxfield Sells 45-Unit Apartment Building in Beverly, Massachusetts

Taylor Williams — Mon, 08 Dec 2025 14:57:20 +0000

BEVERLY, MASS. — Locally based investment firm Foxfield has sold 50 Broadway, a 45-unit apartment building in Beverly, located northeast of Boston. According to Apartments.com, the building exclusively offers studio apartments with an average size of 421 square feet, as well as outdoor grilling and dining stations and onsite laundry facilities. Kevin Gleason and Henry Smith of Walker & Dunlop brokered the sale. The buyer and sales price were not disclosed. Foxfield acquired the building in 2021 in partnership with Taymil Partners.

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Kelleher & Sadowsky Arranges $14.3M in Financing for Multifamily Conversion Project in Worcester

Taylor Williams — Wed, 03 Dec 2025 14:53:00 +0000

WORCESTER, MASS. — Kelleher & Sadowsky Associates Inc. has arranged $14 million in financing for a multifamily conversion project in downtown Worcester. The borrower, CMK Development Partners, will use the proceeds to acquire and convert a historic three-building complex known as One Exchange Place into 44 apartments and ground-floor retail space. Units will feature a mix of floor plans, and nine residences will be set aside as affordable housing. Amenities will include a fitness center, business center and a revitalized outdoor courtyard. Meghan Liddy and Chris Naff led the debt placement for Kelleher & Sadowsky. The direct lender was not disclosed.

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CBRE Brokers $12.2M Sale of Shopping Center in New Bedford, Massachusetts

Taylor Williams — Wed, 03 Dec 2025 14:49:04 +0000

NEW BEDFORD, MASS. — CBRE has brokered the $12.2 million sale of Fieldstone Marketplace, a 192,003-square-foot shopping center in New Bedford, located at the base of Cape Cod. Restaurant Depot and discount retailer Ollie’s anchor the newly repositioned center. Nat Heald, Connor Scott and Jordana Roet of CBRE represented the seller in the transaction and procured the buyer. Both parties requested anonymity.

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