MIDDLETON, MASS. — Locally based general contractor Polar Design Build has delivered a 34,000-square-foot truck service facility in Middleton, a northern suburb of Boston. The facility is a build-to-suit for dealer Kenworth Northeast and will house offices, service bays and showroom space. About 40 people will work at the facility at full operation. Other project partners included Maugel DeStefano Architects, Flood Consulting and CBC Engineers.
WOBURN, MASS. — Type One Energy Group has signed a 15,500-square-foot life sciences lease in the northern Boston suburb of Woburn. The Wisconsin-based provider of clean energy solutions is relocating from nearby Somerville to 299 Washington St., which is owned by Cummings Properties. The new space will house office, manufacturing and lab uses. Al Diamond internally negotiated the lease on behalf of Cummings Properties. No third-party brokers were involved in the deal.
LOWELL, MASS. — Marcus & Millichap has brokered the $3.1 million sale of a 17-unit apartment building located at 887 Varnum Ave. in the northwestern Boston suburb of Lowell. The property consists of five studios and 12 two-bedroom units as well as onsite parking and laundry facilities. Tony Pepdjonovic, Evan Griffith and Will Sanborn of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.
WILMINGTON, MASS. — Locally based developer The Procopio Cos. is nearing completion of The Alice, a 50-unit multifamily project located north of Boston in Wilmington. The Alice is one of three buildings within a larger mixed-use development, with the others being an 8,050-square-foot retail and office building and a 2,488-square-foot retail building that is now leased to Starbucks. Procopio Cos. expects to open The Alice this fall and to complete the office/retail building in early 2025. Vertical construction on the Starbucks building, which also features a drive-thru, will begin in April.
WOBURN, MASS. — Regional brokerage firm Northeast Private Client Group (NEPCG) has negotiated the $3.5 million sale of a 26,960-square-foot office building in Woburn, a northern suburb of Boston. The building at 110 Winn St. was constructed in the 1990s in the downtown area and houses 17 suites. Francis Saenz, Drew Kirkland and Jim Casey of NEPCG represented the seller and procured the buyer, both of which requested anonymity, in the transaction.
WALTHAM, MASS. — General contractor J. Calnan & Associates has completed a 52,000-square-foot life sciences project in the western Boston suburb of Waltham. The facility at 880 Winter St. is a build-to-suit for biotechnology user Lyra Therapeutics and features a 5,000-square-foot manufacturing space, quality control labs, support labs and office space. Perkins & Will served as the project architect, with BR&A Engineers handling that aspect of development. Boston Properties owns the building.
BOSTON — Nonprofit owner-operator Beacon Communities has completed a 210-unit affordable housing redevelopment project in Boston’s Back Bay neighborhood. The project converted a historic YWCA building that was originally constructed in 1929 into a residential complex for low-income renters and formerly homeless individuals. The property at 140 Clarendon St. now features studio and one-bedroom units and amenities such as a fitness center, community room, library, computer learning center and a wellness office. The redevelopment preserved the spaces of Lyric Stage Co., the Snowden School and other nonprofits currently residing in the building.
BOSTON — Maryland-based owner-operator Bozzuto has begun leasing Alder, a 165-unit apartment complex located within the Allston Yards mixed-use development in Boston. Alder offers studio, one-, two- and three-bedroom floor plans, with 21 units reserved as affordable housing. Amenities include a fitness center, game room, pet spa, concierge service, outdoor deck, library and a package room. A 52,000-square-foot Stop & Shop grocery store will also open in Alder’s ground floor this summer. Rents start at $2,900 per month for a studio apartment.
QUINCY, MASS. — Locally based investment firm FoxRock Properties has acquired 1200 Crown Colony, a 236,491-square-foot office building in Quincy, a southern suburb of Boston. The building is located within a larger development known as Crown Colony Office Park, which is situated adjacent to a public transit station and the I-93 and U.S. Route 3 interchange. Amenities include a newly renovated lobby, fitness center, exercise lawn, coffee bar and a full-service café. The seller and sales price were not disclosed.
BEDFORD, MASS. — A partnership between Redgate, Optimum Asset Management and AEW Capital Management has delivered Riverwalk Labs, a 168,000-square-foot life sciences and manufacturing project in Bedford, about 20 miles northwest of Boston. The developers converted a former office building into a facility with 20,000-square-foot lab and office suites, as well as four separate tenant lobbies and multiple loading docks. Ci Design served as the project architect, and J. Calnan & Associates served as the general contractor.