Grossman Buys Quincy Shopping Center for $41M, Redevelopment Possible
A Quincy shopping plaza at 130-132 Granite St. has sold to a local developer after being included in an expansion of city officials’ downtown development plans.
A New Anti-Displacement Model Tested in Eastie
A new model for stabilizing apartment rents in East Boston highlights the substantial fundraising from public and private sources needed to outbid for-profit landlords in gentrifying neighborhoods.
Federal Realty Sells Saugus Shopping Center for $39.5M
A grocery-anchored retail property in Saugus has been acquired by a partnership of The Grossman Companies of Quincy and Boston-based North Colony Asset Management.
No Letup in Demand for Everett Sites
Ample choice of redevelopment parcels, upcoming transit extension and a pro-growth administration created a formula for an apartment boom in Everett that shows no sign of abating.
Sweeping Changes Come to Massachusetts Mall Landscape
The COVID-19 pandemic is accelerating the trend of shopping-mall owners rethinking how to reposition their properties amid the rise of e-commerce and consumers wary of venturing into enclosed retail shops and restaurants.
Grossman Pitches 800 Apartments for Everett Stop & Shop
Quincy-based The Grossman Cos. has proposed Everett’s largest single multifamily development yet, seeking to build 800 apartments on the site of a Stop & Shop supermarket.
Comm Ave. Retail Property Sold to Grossman Cos.
A Commonwealth Avenue retail property in Brookline has been acquired by an affiliate of Quincy-based Grossman Cos. for $19 million.
Personnel File
Members of the banking, real estate and construction industries were all on the move recently. See who’s been hired and promoted.
Waltham Supermarket Property Sold to Quincy Developer for $18.2M
The Grossman Cos. is expanding its retail portfolio with the $18.2 million acquisition of a Hannaford supermarket.
Quincy Developer Acquires Cambridge Retail Property
The Grossman Cos. of Quincy has acquired a 5-year-old retail strip center in Cambridge’s Alewife neighborhood for $10.75 million.
Citizens Bank Property Sold for $4.1M in Brookline
A Citizens Bank branch property in Brookline’s Coolidge Corner has been sold for $4.1 million by The Grossman Cos.
Maryland Investor Partners With Grossman Cos. To Fund South Boston Luxury Condos
Maryland-based investment firm Federal Capital...
