LogMeIn Finalizes Fort Point Lease
Remote computing company LogMeIn has finalized a 117,000-square-foot lease for 327-335 Summer St. in Boston’s Fort Point beginning Nov. 1.
Metal Gear Manufacturer Signs Lease At Walpole Park South
Capstan Atlantic Inc., a metal gear manufacturing company based in Wrentham, has leased 10,677 square feet at Walpole Park South.
Austin Preparatory School To Build Outdoor Stadium With MassDev Funding
The Austin Preparatory School of Reading is adding an outdoor athletic stadium with support from state finance and development agency MassDeveloment.
Zeena Realty To Refinance Fenway Buildings
Zeena Realty LLC is refinancing three multifamily buildings in Boston’s Fenway neighborhood.
Integrated Builders Oversees Pittsfield Dealership Renovation
Rockland-based Integrated Builders has been selected to oversee the $4.5-million renovation of Haddad Toyota in Pittsfield.
Needham Retail Property Sold For $2.6M
Alphi LLC of Needham has acquired a retail strip center at 916-932 Great Plain Ave. for $2.6 million.
Downtown Peabody Portfolio Sold For $8.3M
Northfield Properties has purchased a portfolio in downtown Peabody for $8.3 million.
Berkshire Buys Charlestown Apartment Complex For $54M
Boston-based Berkshire Income Realty Inc. has acquired Gatehouse 75, a 99-unit luxury apartment community in Charlestown, from Metric Corp. of Boston.
Teachers Union Moving HQ To Quincy
The Massachusetts Teachers Association (MTA) has leased 46,000 square feet at Heritage Landing in North Quincy for its new headquarters. It will relocate from Boston in November.
Cape Wind Backs Out Of New Bedford Terminal Lease
Citing delays stemming from the termination of two power purchase contracts, the developers of an offshore wind energy project in Nantucket Sound are backing off their planned lease of a public marine staging area in New Bedford.
BioMed Revamping Former Vertex Space In Cambridge
Vertex Pharmaceuticals will pay $14 million to terminate its lease at three Cambridge properties, which it left behind when it moved its headquarters to Boston’s Seaport District last year.
92 Senior Housing Units Added To Cleveland Circle Development
A 92-unit senior housing complex would replace apartments under Newton-based National Development’s latest proposal for the former Cleveland Circle Cinema site.
ESC Leases 135K SF In Woburn
Electric Supply Center (ESC) has leased 135,000 square feet at 205 Wildwood Ave. in Woburn.
Potential Buyer Of Globe Property Backs Out
A potential buyer for the Boston Globe’s 16-acre headquarters on Morrissey Boulevard has backed out of plans to redevelop the property.
MassDev. Awards $95M To Fund Six Boston Affordable Housing Projects
MassDevelopment has issued more than $95 million in tax-exempt bonds to six affordable housing development projects in Boston.
R.J. Kelly Acquires Wakefield Office Complex For $31M
Burlington-based R.J. Kelly Co. has acquired 100 Quannapowitt Parkway in Wakefield for $31 million from Boston-based Digital Realty.
Big Potential For Boston Solar Farms
Most of the region’s solar arrays are buried beneath mountains of snow this winter, temporarily obscuring their ability to offer big savings on utility bills.
Putting Our Faith In Pollack
Here’s hoping state transportation czarina Stephanie Pollack, who once stared down a Chicago billionaire in a duel over the future of Boston’s waterfront, will lower the boom on the bumbling MBTA.
Acquiring Afield
Stephen Rice is responsible for acquisitions and asset management of The Davis Cos.’ holdings in the New York metropolitan market ranging from Connecticut to Philadelphia. Prior to joining The Davis Cos., he was founding principal of Mohawk Partners and Patriot Partners, the Framingham-based developers of $500 million of commercial and multifamily properties in Greater Boston. He chatted with Banker & Tradesman about The Davis Co.’s recent acquisitions and the office market in Connecticut.
Waltham Industrial Building Sold For $1.2M
Marlborough-based JWS Realty Trust has sold 45-47 Calvary St. in Waltham, a 15,600-square-foot manufacturing/R&D building, to Buffalo Springfield Real Estate LLC of Brookline for $1.2 million.
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