Tuesday, November 11, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Massachusetts

Taunton-Trade-Center
IndustrialLeasing ActivityMassachusettsNortheast

Quality Custom Distribution Signs 135,000 SF Industrial Lease in Taunton, Massachusetts

by Taylor Williams

TAUNTON, MASS. — Quality Custom Distribution, a logistics company based in metro Dallas, has signed a 135,000-square-foot industrial lease in Taunton, located south of Boston and east of Providence. The space is located within Taunton Trade Center, a 584,640-square-foot development that features a clear height of 40 feet, 112 loading docks, 546 car parking spaces and 132 trailer stalls. Philip Verre and Pete Whoriskey of Cushman & Wakefield represented the landlord, Martignetti Cos., in the lease negotiations. Chon Kantikovit, also with Cushman & Wakefield, represented the tenant.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialMassachusettsNortheast

Empire Management Buys Metro Boston Industrial Building for $6.4M

by Taylor Williams

NATICK, MASS. — Empire Management has purchased a 25,000-square-foot industrial building in the western Boston suburb of Natick for $6.4 million. According to LoopNet Inc., the building at 197 W. Central St. was originally constructed on three acres in 1955. Bernard Gibbons of regional brokerage firm ABG Commercial Realty represented Empire Management in the transaction. The seller was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityMassachusettsNortheast

Axcelis Technologies Signs 95,800 SF Industrial Lease in Beverly, Massachusetts

by Taylor Williams

BEVERLY, MASS. — Axcelis Technologies, which supplies manufacturing equipment for the semiconductor business, has signed a 95,800-square-foot industrial lease in Beverly, a northern suburb of Boston. Axcelis will use the entirety of the building at 105 Sam Fonzo Drive for order fulfillment and distribution purposes. Richard Ruggiero, Matt Adams, Torin Taylor and Rory Walsh of Newmark represented the tenant in the lease negotiations. The representative of the landlord, a Massachusetts-based limited liability company, was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
800-Salem-St.-Wilmington-Massachusetts
IndustrialLoansMassachusettsNortheast

JLL Arranges $57M Construction Loan for Metro Boston Industrial Project

by Taylor Williams

WILMINGTON, MASS. — JLL has arranged a $57 million construction loan for a 237,800-square-foot industrial project that will be located at 800 Salem St. in the northern Boston suburb of Wilmington. Building features will include a clear height of 36 feet, 47 dock positions and parking for 332 cars and 33 trailers. Steven Klein, Brett Paulsrud and Ryan Parker of JLL arranged the three-year loan through an undisclosed national bank on behalf of the borrower, a partnership between Connecticut-based Wheelock Street Capital and Boston-based Camber Development. Construction is underway and expected to be complete in the third quarter.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMassachusettsNortheastRestaurantRetail

J. Safra Real Estate Agrees to Acquire Historic Faneuil Hall Marketplace in Downtown Boston

by Taylor Williams

BOSTON — J. Safra Real Estate, an affiliate of international banking and investment firm Safra Group, has agreed to acquire the historic Faneuil Hall Marketplace in downtown Boston. Faneuil Hall traces its origins to 1742, when the site served as a meeting ground and a center of commerce for Boston residents and visitors. Today, the development is home to more than 80 individual businesses. The seller was Ashkenazy Acquisition Corp. Details of the transaction, such as the price and expected closing date, were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityMassachusettsNortheastOffice

M&T Bank Signs 39,000 SF Office Lease at Winthrop Center in Downtown Boston

by Taylor Williams

BOSTON — M&T Bank has signed a 39,000-square-foot office lease at Winthrop Center, an 812,000-square-foot mixed-use complex in downtown Boston. George O’Connor and Thomas Ashe of Cushman & Wakefield represented M&T Bank, which plans to move in this fall, in the lease negotiations. CBRE represented the landlord, New York City-based Millennium Partners. Other tenants at Winthrop Center include Deloitte, McKinsey & Company and ECG Management Consultants.

Continue Reading
FacebookTwitterLinkedinEmail
640-Memorial-Drive-Cambridge
AcquisitionsLife SciencesMassachusettsNortheast

Newmark Brokers Sale of 242,477 SF Life Sciences Building in Cambridge, Massachusetts

by Taylor Williams

CAMBRIDGE, MASS. — Newmark has brokered the sale of a 242,477-square-foot life sciences building located at 640 Memorial Drive across the Charles River from Boston in Cambridge. The building was originally constructed in 1913 as an automobile manufacturing plant. Robert Griffin, Edward Maher, Matthew Pullen, James Tribble, Samantha Hallowell and William Sleeper of Newmark represented the seller, an affiliate of Alexandria Real Estate Equities Inc., in the transaction. The team, along with Steven Golubchik of Newmark, also procured the buyer, a partnership between Bain Capital Real Estate and Phase 3 Real Estate Partners.

Continue Reading
FacebookTwitterLinkedinEmail
HealthcareLeasing ActivityMassachusettsNortheast

Boston Sports & Shoulder Center to Open 6,100 SF Clinic in Woburn, Massachusetts

by Taylor Williams

WOBURN, MASS. — Boston Sports & Shoulder Center will open a 6,100-square-foot clinic in Woburn, located on the northern outskirts of the state capital. The clinic, which is slated to open this spring, will be the provider’s fifth in Massachusetts. Mary Burnieika and John Boyle of Cushman & Wakefield, in conjunction with internal agents Steve Cusano and John Halsey, represented the landlord, Cummings Properties, in the lease negotiations. The tenant representative was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Edgemere-Crossing-Shrewsbury-Massachusetts
DevelopmentLoansMassachusettsMultifamilyNortheast

Cornerstone Arranges $53.3M Construction Loan for Multifamily Project in Shrewsbury, Massachusetts

by Taylor Williams

SHREWSBURY, MASS. — Cornerstone Realty Capital has arranged a $53 million construction loan for Edgemere Crossing, a 250-unit multifamily project in Shrewsbury, located in Worcester County in the central part of Massachusetts. Edgemere Crossing will house 116 one-bedroom units and 134 two-bedroom units that will be furnished with stainless steel appliances, granite countertops, individual washers and dryers and private balconies/patios. Amenities will include a pool, clubhouse, fitness center, conference area, dog park and outdoor grilling and dining stations. The borrower and developer is a joint venture between The Dolben Co. and Belmont Capital. The direct lender was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
The-Westcott-Swampscott-Massachusetts
Affordable HousingDevelopmentLoansMassachusettsMultifamilyNortheast

WinnCos. Receives $69.1M in Financing for Metro Boston Affordable Housing Project

by Taylor Williams

SWAMPSCOTT, MASS. — Regional developer and operator WinnCos. has received $69.1 million in financing for The Westcott, a 114-unit affordable housing project in Swampscott, a northeastern suburb of Boston. Units at The Westcott will come in studio, one-, two- and three-bedroom formats and will be reserved for renters earning between 30 and 110 percent of the area median income. The Massachusetts Executive Office of Housing & Livable Communities provided Low-Income Housing Tax Credit equity for the project. MassHousing provided bridge and permanent financing, and both the Swampscott Affordable Housing Trust and North Shore HOME Consortium contributed funds to the development. Construction is underway, with the first units expected to be available for occupancy next year.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts