Commercial Real Estate News
New UMass Med School Facility Construction Kicked-Off
Construction recently began for the University of Massachusetts Medical School new data center.
MEPA May Eliminate Failed Permitting Process
Alicia McDevitt, director of the Massachusetts Environmental Policy Act Office (MEPA), told an Environmental Business Council breakfast on Friday that the Patrick administration is considering scrapping its Super-MEPA permitting process and will likely eliminate some green building permitting guidelines.
Two Buildings At Attleboro Corporate Campus Sold
An affiliate of Worcester-based investment and management firm First American Realty Inc. has purchased 218,650 square feet at the Attleboro Corporate Campus for $5.3 million from Conshohoken, Pa.-based Preferred Unlimited Inc.
Hanover Retail Plaza Sold For $1.6M
On behalf of owner, Hanover Shop Realty Trust, The Conrad Group Inc. recently negotiated the sale of 333 Columbia Road in Hanover for $1.6 million.
NAI Hunneman Leases 105,000 S.F. To Suburban Tenants
NAI Hunneman’s suburban leasing team recently leased 105,000 square feet of office space to multiple tenants in the Boston suburbs.
Ademco Extends Woburn Lease For Nearly 15,000 S.F.
Melville, N.Y.-based Ademco Distribution Inc., a wholesale distributor of security and electronic products, has extended its lease for almost 15,000 square feet at 78 Olympia Ave. in Woburn.
DebtX Expands European Operations
Boston loan marketplace firm DebtX has expanded operations in Spain with the opening of a Madrid office and the appointment of Spanish banking executive Antonio Anglada.
Parking Garages Buck Economic Downturn
Despite economic hardship, parking garage owners and operators nationwide have managed to hold rates at last year’s levels, according to the latest North American Parking Rate Survey released by real estate services firm Colliers International.
CBRE: Industrial Sale and Lease Termination in Central Islip, N.Y.
A 526,000-square-foot industrial building located at 199 Lowell Ave. in Central Islip, N.Y. has been sold, according to Boston-based CB Richard Ellis.
Cape Cod School Breaks Ground On Project
The Riverview School in East Sandwich recently broke ground on construction of a new student center.
Arlington Housing Corp. Receives $10K Grant
The Cambridge Savings Charitable Foundation recently awarded a $10,000 grant to the Housing Corporation of Arlington (HCA).
Merrill Corp. Consolidates, Relocates In Boston
Corporate market services firm Merrill Corp. has leased 17,300 square feet in a 220,000-square-foot office building at 179 Lincoln St. in Boston’s Leather District.
Second Delta Design Employee Becomes LEED Accredited
Brenda Hart-Flynn, an estimator at Medford-based Delta Design & Construction, has recently become LEED accredited.
Multi-State Settlement Reached With The TJX Cos.
A multi-state settlement, led by the Office of Massachusetts Attorney General Martha Coakley, has been reached with Framingham-based TJX Cos. over the massive data breach that placed thousands of consumers’ personal data at risk, nationwide in January 2007.
Distressed Springfield Housing To Get Make-Over
MassHousing will loan up to $1 million to WinnDevelopment of Boston for the acquisition and renovation of Springfield’s abandoned Longhill Gardens apartment complex, resulting in 109 renovated units of rental housing.
New LEED AP At Landmark Structures
Michael Small of general contractor/construction management company Landmark Structures Corp. of Woburn has achieved designation as a Leadership in Energy and Environmental Design Accredited Professional (LEED AP).
Suffolk Joins Florida Firm For Georgia Marine Corp. Project
Boston’s Suffolk Construction and Marcobay Construction of Lakeland, Fla. recently won a $13 million contract by the Naval Facilities Engineering Command (NAVFAC) for a 200-bed bachelor enlisted quarters at the Marine Corp Logistics Base in Albany, Ga.
Helmets To Hardhats Honors Building Trades Training Directors Pres.
William D. Mooney, president of the Building Trades Training Directors Association of Massachusetts, has been presented with an award to recognize his role in promoting the Helmets to Hardhats program.
Law Firm Signs 31,140 S.F. Waltham Lease
Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP has signed a 10-year, 31,140-square-foot lease at 850 Winter St. in the 120-acre Reservoir Woods campus in Waltham.
New LEED-AP At Tighe & Bond
Amy McDonough of Westfield-based architectural and engineering firm Tighe & Bond Inc. has become a Leadership in Energy and Environmental Design (LEED) Accredited Professional.