Somerville
Matthews Lists 120-Unit Pre-War Somerville Apartment Portfolio
Matthew recently listed the Kingsley Orchard Realty (KOR) Portfolio, located at 18 Day St, 49 Dover St, and 123 Orchard… Read more
Fitness Franchise btone Opens in Charlestown
RJ Kelly (RJK) announced that btone FITNESS Charlestown has officially opened at 40 Warren St. in Charlestown. The new 1,500 square-foot studio is… Read more
MBTA Taps Skanska for $1B North Station Draw One Bridge Replacement
Skanska said Wednesday it has been awarded a contract by the Massachusetts Bay Transportation Authority (MBTA) to deliver the $1.06-billion North… Read more
Dallas-Based Criterion to Add More Apartments at Medford’s River Edge Mixed-Use
Funding has been secured for the construction of a new building at the River’s Edge apartment, office and retail complex… Read more
Safehold Ground Lease Facilitates Mixed-Income Somerville Development
Ground-lease REIT Safehold has closed its first deal with Samuels & Associates (S&A) and Mark Development, two Boston-based multifamily developers.… Read more
MassHousing Provides Financing for Somerville Affordable Project
MassHousing and Just A Start recently closed on financing for 24 Webster Ave. in Union Square in Somerville, which will deliver 43 new,… Read more
City of Somerville Issues RFP for Experienced Development Team
The City of Somerville and the Somerville Redevelopment Authority (SRA) have issued a Request for Proposals (RFP) for an experienced development team… Read more
Winn Acquires Somerville Seniors Complex, Will Increase Affordability
WinnDevelopment has acquired a 97-unit mixed-income seniors community in Somerville, MA, from the Visiting Nurse Association of Eastern Massachusetts. The… Read more
BioMed Signs Medical Tech Tenant to Nearly 500K SF in Somerville
BioMed Realty and medical technology company TransMedics Group, Inc. announced Monday that TransMedics had signed a full building, 498,000-square-foot lease… Read more
Eaton Vance Pays $157M for Newly Built Worcester Apartments
Morgan Stanley’s Eaton Vance Real Estate Investment Group has acquired Alta on the Row, a 370-unit apartment complex in Worcester,… Read more
Beacon Communities Names New SVP. Development
Beacon Communities promoted LeAnn Hanfield Curtin to SVP, development. Curtin will lead the development team in Beacon’s Boston corporate office… Read more
Microsoft Contracts with Sublime Systems for Low-Carbon Cement
Microsoft is contracting with Somerville, MA-based Sublime Systems to verifiably reduce construction emissions through a binding purchase of low-carbon cement… Read more
Suffolk Invests in Manufacturer of Lower-Carbon Cement
Suffolk Technologies, the institutional venture capital platform of Boston-based builder Suffolk, has invested in Sublime Systems, a Somerville, MA-based company… Read more
Davis Signs Cambridge Health Alliance to Medford Lease
The Davis Companies secured a medical office space lease agreement with Cambridge Health Alliance (CHA) at One Cabot Rd. in Medford, MA and completed the… Read more
Somerville MOB Secures Fixed-Rate $30M Loan
Mortgage banking firm Gantry secured a $30-million permanent loan to refinance a 101,000-square-foot, four-story medical office building located at 40… Read more
World Market Fills Last Vacancy at Assembly Square Marketplace
Federal Realty announced that World Market will open its second Massachusetts location this year at Assembly Row in Somerville. The new 18,361-square-foot showroom will… Read more
Herb Chambers Car Dealership Chain Trades for $1.3B
Asbury Automotive Group, based in Duluth, GA, said Monday it will acquire various automotive dealerships owned by Somerville, MA-based Herb Chambers… Read more
Newly Built Somerville Apartments Secure Life Company Refi
JLL Capital Markets secured a refinancing for Prospect Union Square, a newly constructed 450-unit residential property located in the Union Square… Read more
Eversource, BXP Partner on Greater Cambridge Energy Program
Eversource and BXP broke ground on the Greater Cambridge Energy Program (GCEP). The first-of-its-kind transmission initiative is intended to address… Read more