Massachusetts Archives - REBusinessOnline

Greystar Breaks Ground on 390-Unit Multifamily Project in Taunton, Massachusetts

Taylor Williams — Thu, 13 Aug 2026 14:11:23 +0000

TAUNTON, MASS. — Greystar has broken ground on Whittenton Mills, a 390-unit multifamily project in Taunton, located south of Boston. The project, which will feature modular construction, is a redevelopment of a former 19th-century mill complex that has long been vacant and was demolished earlier this year. The property will consist of 10 buildings that will house one-, two- and three-bedroom units. Amenities will include a clubhouse, pool, dog park, putting green, bocce ball court and a playground, as well as 1.5 acres of public green space. The first units are expected to be available for occupancy by next spring.

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Simon Welcomes Two New Tenants to Cape Cod Mall in Hyannis, Massachusetts

Taylor Williams — Thu, 13 Aug 2026 13:55:00 +0000

HYANNIS, MASS. — Simon Property Group has welcomed two new tenants to Cape Cod Mall in Hyannis. Aloha Mini Golf, which provides a glow-in-the-dark mini golf experience, and Exotic Snack Guys, which offers a curated mix of international snacks, trending treats, and viral favorites from around the world, are now both open. The stores are located across from Dick’s Sporting Goods and American Eagle, respectively.

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NEPCG Negotiates Sale of 66-Unit Apartment Building in Great Barrington, Massachusetts

Taylor Williams — Wed, 12 Aug 2026 14:20:44 +0000

GREAT BARRINGTON, MASS. — Regional brokerage firm Northeast Private Client Group (NEPCG) has negotiated the sale of a 66-unit apartment building in Great Barrington, located in western Masschusetts. Beech Tree Apartments comprises eight buildings on a 4.5-acre site. Daniel Scherban and Joseph Scherban of NEPCG represented the seller, Rowin Capital, in the transaction and procured the buyer, the Alander Group.

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Onyx Partners Buys Historic Building in Metro Boston for New Headquarters

Taylor Williams — Tue, 11 Aug 2026 14:15:49 +0000

NEEDHAM, MASS. — Onyx Partners has purchased a historic building in Needham, a southwestern suburb of Boston, for its new headquarters. The regional investment and development firm will redevelop the former You-Do-It Electronics Center building at 40 Franklin St., which was completed in 1965 and closed in 2024. Plans call for a modernization of the building interior and exterior, the upgrading of utility and mechanical systems and the adding of new office finishes. A tentative completion date was not announced.

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ABG Commercial Negotiates $7M Sale of Retail, Office Building in Natick, Massachusetts

Taylor Williams — Mon, 10 Aug 2026 12:58:48 +0000

NATICK, MASS. — Locally based brokerage firm ABG Commercial Realty has negotiated the $7 million sale of a 24,448-square-foot office and retail building in the western Boston suburb of Natick. According to LoopNet Inc., the building at 801 Worcester St. was completed in 1985. Bernard Gibbons of ABG Commercial represented the buyer, Empire Management, in the transaction. JLL represented the seller, Cognex, a locally based manufacturer of machine vision systems, software and industrial barcode readers.

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JLL Brokers Sale of 686-Unit Self-Storage Facility in Newbury, Massachusetts

Taylor Williams — Thu, 06 Aug 2026 13:59:33 +0000

NEWBURY, MASS. — JLL has brokered the sale of a 686-unit self-storage facility in Newbury, located northeast of Boston. Newbury Self Storage comprises 12 single-story buildings that were built in phases between 2016 to 2023 on a 49.3-acre site. Totaling 111,000 net rentable square feet, the property also includes land for future expansion. JLL represented the seller, an entity doing business as Stowaway Storage Newbury LLC, in the transaction and procured the buyer, Andover Properties.

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Ratio Therapeutics Signs 17,000 SF Office Lease Expansion in Boston’s Seaport District

Taylor Williams — Thu, 06 Aug 2026 13:53:53 +0000

BOSTON — Ratio Therapeutics has signed a 17,000-square-foot office lease expansion in Boston’s Seaport District. The developer of radiopharmaceuticals for cancer patients will remain at the Innovation & Design Building, a 1.4 million-square-foot mixed-use property that was originally constructed in 1918 as a waterside storehouse for the South Boston Army Base. Ratio Therapeutics was self-represented in the lease negotiations. A partnership between Related Beal and Jamestown owns the building.

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Autodesk Signs 72,000 SF Office Lease Renewal in Boston’s Seaport District

Taylor Williams — Tue, 04 Aug 2026 14:44:10 +0000

BOSTON — Autodesk has signed a 72,000-square-foot office lease renewal in Boston’s Seaport District. The provider of 3D design, engineering and entertainment software will remain at the Innovation & Design Building, a 1.4 million-square-foot mixed-use building that was originally constructed in 1918 as a waterside storehouse for the South Boston Army Base. Luke Wilson of Colliers represented Autodesk in the lease negotiations. A partnership between Related Beal and Jamestown owns the building.

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Advocates Signs 95,182 SF Office Lease in Marlborough, Massachusetts

Taylor Williams — Fri, 31 Jul 2026 13:24:49 +0000

MARLBOROUGH, MASS. — Advocates, a nonprofit organization that supports people with behavioral health disorders, disabilities and brain injuries, has signed a 95,182-square-foot office lease in the western Boston suburb of Marlborough. The deal brings the 160,649-square-foot building at 251 Locke St. to full occupancy. Alison Powers and Robert Walles of JLL represented the landlord, Related Beal, in the lease negotiations. Jon Pezzoni of Avison Young represented Advocates.

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MassHousing Provides $26.4M in Financing for Boston Affordable Housing Property

Taylor Williams — Wed, 29 Jul 2026 14:42:44 +0000

BOSTON — MassHousing has provided $26.4 million in financing for Beacon House, a 135-unit affordable housing property in Boston’s Beacon Hill neighborhood. The eight-story building was converted from a hotel to residential use in 1983. Of the 135 units, 117 are rentals that are subject to a range of income restrictions, and 18 units are rented through a commercial lease to nearby Massachusetts General Hospital for use by patients and their family members. The borrower, nonprofit organization Rogerson Communities, will use the proceeds to refinance existing debt, fund capital improvements and preserve the property’s affordability status.

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MPZ, Capstone Near Completion of $36M Multifamily Adaptive Reuse Project in Templeton, Massachusetts

Taylor Williams — Mon, 27 Jul 2026 13:23:32 +0000

TEMPLETON, MASS. — A partnership between metro Boston-based MPZ Development and Capstone Communities is nearing completion of a $36 million multifamily adaptive reuse project in Templeton, about 65 miles northwest of Boston. A housing lottery was launched and closed on July 15, and full completion is slated for this fall. Designed by ICON Architecture, the project converted the historic Baldwinville Elementary School, which was originally built in 1923, into a 54-unit apartment complex known as Baldwinville School Apartments. Residences come in studio, one-, two- and three-bedroom floor plans, and the majority (49) of the units are reserved for households earning between 30 and 60 percent of the area median income. Amenities include a children’s playground, fitness center, electric vehicle charging stations, onsite laundry facilities and a community walking trail and green space.

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JLL Negotiates $8.5M Sale of Grocery Building in Beverly, Massachusetts

Taylor Williams — Wed, 22 Jul 2026 14:20:57 +0000

BEVERLY, MASS. — JLL has negotiated the $8.5 million sale of a 60,666-square-foot grocery building in Beverly, a northeastern suburb of Boston, that is fully leased to regional operator Stop & Shop. The freestanding building sits on a 4.9-acre site that originally served as the site of the first Marshalls store in the United States (circa 1956). Alex Quinn, Zach Nitsche, Sam Wiesman and Joe Marinaro of JLL represented the seller and procured the buyer in the transaction.

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Corbus Pharmaceuticals Signs 36,471 SF Office Lease Renewal in Norwood, Massachusetts

Taylor Williams — Wed, 22 Jul 2026 14:17:21 +0000

NORWOOD, MASS. — Corbus Pharmaceuticals has signed a 36,471-square-foot office lease renewal in Norwood, a southern suburb of Boston. The space is located within the building at 500 River Ridge Drive, which according to LoopNet Inc. was constructed in 1988 (renovated in 2016) and totals 100,261 square feet. Curtis Cole, Sean Hannigan and Tim Allen of Colliers represented the tenant in the lease negotiations. Nat Kessler led a JLL team that represented the landlord.

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Onyx Partners Welcomes New Tenants to 34-Acre Retail Center in Springfield, Massachusetts

Taylor Williams — Mon, 20 Jul 2026 13:35:57 +0000

SPRINGFIELD, MASSACHUSETTS — Owner-operator Onyx Partners has welcomed several new tenants to Springfield Crossing, a 34-acre open-air retail center in western Massachusetts that is a redevelopment of the former Eastfield Mall. Joining the tenant roster this summer are Target, which will anchor the second and latest phase of the redevelopment, as well as Chase Bank, Playa Bowls, Be Young Day Spa and Beyond Oishi. Onyx Partners acquired the property in 2023 following the departure of anchor tenants J.C. Penney and Sears.

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INDUS to Open 75,000 SF Headquarters Facility in Middleborough, Massachusetts

Taylor Williams — Thu, 16 Jul 2026 14:48:01 +0000

MIDDLEBOROUGH, MASS. — INDUS, a locally based roadway rehabilitation and pavement preservation contractor, will open a 75,000-square-foot headquarters facility in Middleborough, located south of Boston. INDUS purchased a parcel within The Campus at Canopy Drive, an approximately 700,000-square-foot development owned by VMD Cos., earlier this year for $11.6 million. Design work is underway on the facility, which will include 7 acres of outdoor storage space and will also function as a consolidated hub of field operations, bringing 20 permanent new jobs to Middleborough. CBRE is the leasing agent for The Campus at Canopy Drive.

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Fairbanks Morse Defense Signs 71,350 SF Industrial Lease in Wrentham, Massachusetts

Taylor Williams — Thu, 16 Jul 2026 14:44:27 +0000

WRENTHAM, MASS. — Fairbanks Morse Defense, a provider of maritime engineering and manufacturing solutions, has signed a 71,350-square-foot industrial lease in Wrentham, located along the Massachusetts-Rhode Island border. The space is located within the 176,800-square-foot building at 315 Green St., which features a clear height of 32 feet. Kelly Sullivan and Rachel Igoe of Cushman & Wakefield represented the tenant, which plans to take occupancy in the fourth quarter, in the lease negotiations. Ellison Patten and James Tambone of Lincoln Property Co. internally represented the landlord, which developed the building in partnership with real estate private equity firm Stockbridge.

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Pennrose, HSTF Break Ground on 55-Unit Affordable Housing Redevelopment in Boston

Taylor Williams — Thu, 16 Jul 2026 14:40:25 +0000

BOSTON — A partnership between Pennrose and the Hyde Square Task Force (HSTF) has broken ground on a 55-unit affordable housing redevelopment in the Jamaica Plain area of Boston. Designed by DiMella Shaffer, the project will convert the former 71,000-square-foot Blessed Sacrament Church, which was built in 1913 and closed by the Catholic Church in 2004, into a complex with studio, one- and two-bedroom apartments that will be reserved for residents earning 30 to 80 percent of the area median income (AMI). Six residences will also be set aside for formerly homeless residents, and the church’s nave will be repurposed into a multipurpose performance and gathering space for the Afro-Latin community. Completion is slated for late 2027.

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JLL Brokers Sale of 237,880 SF Logistics Facility in Wilmington, Massachusetts

Taylor Williams — Wed, 15 Jul 2026 13:54:21 +0000

WILMINGTON, MASS. — JLL has brokered the sale of a 237,880-square-foot logistics facility located at 800 Salem St. in Wilmington, a northern suburb of Boston. Completed in 2025, the building features a clear height of 32 feet, 47 dock-high loading positions, two drive-in doors, 130-foot truck court depths, parking for 332 cars and 33 trailers, 8,200 square feet of office space and an ESFR sprinkler systems. Michael Restivo, David Coffman and Tommy Hovey of JLL represented the seller, a partnership between Camber Development and Wheelock Street Capital, in the transaction. Tom Sullivan and Matt Stewart, also with JLL, arranged a 10-year, fixed-rate acquisition loan on behalf of the undisclosed buyer.

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REXA Nears Completion of 110,000 SF Manufacturing Facility in Middleborough, Massachusetts

Taylor Williams — Tue, 14 Jul 2026 15:08:05 +0000

MIDDLEBOROUGH, MASS. — REXA Inc., a provider of engineered process control solutions, is nearing completion of a 110,000-square-foot manufacturing facility in Middleborough, located south of Boston. REXA purchased a parcel within The Campus at Canopy Drive, an approximately 700,000-square-foot development owned by VMD Cos., in fall 2025 for $6.6 million. The facility features a clear height of 28 feet and 20,000 square feet of office space. CBRE is the leasing agent for The Campus at Canopy Drive.

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Brookfield, New England Development Acquire Former Naval Station Near Boston, Plan Major Mixed-Use Project

John Nelson — Tue, 07 Jul 2026 12:00:00 +0000

WEYMOUTH, MASS. — A joint venture between New York City-based Brookfield Properties and Boston-based New England Development has purchased the site of the former South Weymouth Naval Air Station in metro Boston. The co-developers acquired the 1,400-acre site from Washington Capital Management for $65 million. Brookfield and New England Development are planning a mixed-use redevelopment that would include 6,500 housing units, along with about 2 million square feet of commercial and retail space. The project will span more than 1,400 acres across three municipalities — Weymouth, Rockland and Abington, Mass. The Weymouth City Council has unanimously approved the land reuse plan, which also was approved by the towns of Rockland and Abington. The State of Massachusetts has also expressed strong support for the redevelopment plan. The redevelopment will mark the largest residential and commercial project to date in Massachusetts, according to John Twohig, executive vice president of New England Development. In addition to the commercial and residential components, the proposed project will preserve more than 880 acres of open and restricted space that can be activated for both public recreational use and wildlife preservation. Situated about 16 miles south of Boston in Norfolk and Plymouth counties, the South Weymouth Naval…

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