New Bedford
Marcus & Millichap Closes Multifamily Sale in New Bedford’s Historic District
Marcus & Millichap closed the sale of Roosevelt Apartments, a 73-unit apartment building in downtown New Bedford’s historic district. The sale… Read more
New Bedford’s Keystone Building Set for Resi Conversion
MassDevelopment announced the sale of 193-197 Union St. in New Bedford, the site of the former Keystone building, and a $3,212,750… Read more
Tax-Exempt Bond, M&T Loan Aid Whaling Museum Expansion
MassDevelopment issued a $15-million tax-exempt bond on behalf of Old Dartmouth Historical Society to significantly expand the New Bedford Whaling Museum with a new two-story… Read more
Massachusetts Awards Nearly $150M in Tax Credits to Create 1,300-Plus Apartments
Massachusetts Gov. Maura Healey announced funding from two programs to jumpstart housing production across the state: approximately $8.4 million from the new Commercial Conversion Tax Credit Initiative (CCTCI) to help… Read more
New Bedford Retail Center Offers Value-Add Potential for New Owner
A private real estate investor has acquired Fieldstone Marketplace, a 192,003-square-foot shopping center located at 500 Kings Hwy. in New… Read more
Former Star Store Building in New Bedford to Become Regional Arts Hub
The 150,000-square-foot Star Store building in New Bedford, MA, vacant since 2023, will be redeveloped into a regional hub for… Read more
Long-Delayed South Coast Rail Brings Access to SE Massachusetts Cities
After 65 years, the cities and towns of southeastern Massachusetts will have passenger rail service to and from downtown Boston.… Read more
Port of New Bedford Completes Expansion of North Terminal
Federal and local officials gathered recently to mark the completion of the North Terminal expansion project at the Port of… Read more
Cedar Realty Trust Divests New Bedford Shopping Center
CBRE closed the $14.2-million sale of Kings Plaza, a 168,000-square-foot shopping center located at 1024 Kings Hwy. in New Bedford, MA.… Read more
MassDevelopment Funds 22 Properties for $2M
MassDevelopment has awarded $2.23 million in grants to support the rehabilitation of 22 properties in Gateway Cities across Massachusetts. … Read more
MHIC’s Proprietary Fund Furthers Investment in New England Affordable Housing
Massachusetts Housing Investment Corporation (MHIC) has closed its fourth proprietary fund with Eastern Bank, making five impactful investments in Lawrence,… Read more
Skanska, D.W. White Deliver on MBTA’s $550M South Coast Rail Project
Skanska and partner D.W. White have delivered Phase 1 of the Massachusetts Bay Transportation Authority’s South Coast Rail Corridor project,… Read more
Arden Logistics Parks Buys $160M, Eight-Property Industrial Portfolio in Boston
Arden Logistics Parks has completed the $160-million purchase an eight-property portfolio of industrial facilities totaling 1.27 million square feet, its… Read more
BioPharm Company Tonix Breaks Ground on New Bedford R&D Facility
Clinical-stage biopharmaceutical company Tonix Pharmaceuticals Holding Corp. has broken ground on a 45,000-square-foot clinical scale manufacturing facility at the New… Read more
3D at Depth and SEA.O.G. Partner to Reduce Carbon Emissions
3D at Depth Inc. has entered into a collaboration agreement with SEA.O.G Offshore, focusing on all marine energy markets with… Read more
WinnDevelopment Breaks Ground on $19M MXU Project in New Bedford
WinnDevelopment has broken ground on the $19.2 million redevelopment of New Bedford’s Cliftex Mill building. The project is approximately 60… Read more
MassHousing Provides $20M in Affordable Housing Financing for New Bedford MF Community
MassHousing has provided $19.9 million in affordable housing financing to preserve and extend the affordability for lower-income households for at least 20… Read more
MassHousing Crosses $1B Threshold in MAP Lending
MassHousing has surpassed $1 billion in lending through HUD’s Multifamily Accelerated Processing (MAP) program, preserving the affordability of 43 affordable housing communities… Read more