New England Commercial Real Estate News

Commercial real estate brokerage firm Marcus & Millichap has facilitated the sale of a 64,148-square-foot self-storage development in New Haven, CT.

Marcus & Millichap Reps Both Sides of 64K-SF Self-Storage Development in New Haven

By Lisa McDuffie | February 15, 2023 Commercial real estate brokerage firm Marcus & Millichap has facilitated the sale of a 64,148-s...Read more

CGH Land Trust, LLC has purchased a 7,965-acre land tract in Pittsburg, NH for $7.2 million.

$7M Sale of 8K Acres in New Hampshire Among State’s Largest Land Deals in a Decade

By Lisa McDuffie | February 15, 2023 CGH Land Trust, LLC has purchased a 7,965-acre land tract in the “Great North Woods” of Pittsbu...Read more

Pembrook Capital Management, LLC is providing $12.5 million in preferred equity to Smith & Henzy Affordable Group, Inc., to finance a multifamily in Newington, CT.

Pembrook Capital Management Provides $13M for Moderate-Income Multifamily in Newton

By Lisa McDuffie | February 13, 2023 Affordable housing lender Pembrook Capital Management, LLC is providing $12.5 million in preferred ...Read more

The Rensselaer Polytechnic Institute has retained CBRE as advisor in the disposition of its Hartford, CT campus.

CBRE Tapped to Take Former Rensselaer Hartford Campus to Market

By Lisa McDuffie | February 10, 2023 The Rensselaer Polytechnic Institute has retained CBRE as its exclusive advisor in the disposition ...Read more

Edgewood Senior Solutions Group of Massachusetts’s senior residence under construction in Londonderry, NH has achieved fully reserved status 10 months before opening.

Tech-Savvy Elders Find, Fill Londonderry Senior Residence Prior to Opening

By Lisa McDuffie | February 08, 2023 Edgewood Senior Solutions Group of Massachusetts’s senior residence The Baldwin — a Life Plan...Read more

Chapman Construction/Design has completed construction of a new Southeast Land Trust of New Hampshire headquarters building in Epping, NH.

Chapman Construction/Design Completes New HQ for Southeast Land Trust of New Hampshire

By Lisa McDuffie | February 07, 2023 Boston, MA-based Chapman Construction/Design, a construction management firm specializing in high-p...Read more

Kathryn O’Malley and James Rizzo have been promoted to the executive leadership team at Rockland Trust Company in Hanover, MA.

Rockland Trust Promotes Kathryn O’Malley, James Rizzo to Executive Leadership Team

By Lisa McDuffie | February 06, 2023 Hanover, MA-based Rockland Trust Company has elevated Kathryn O’Malley and James Rizzo, two tenur...Read more

VICI Properties, Inc. has provided a loan for up to $287.9 million to Great Wolf Resorts, Inc. to develop a Great Wolf Lodge resort in Mashantucket, CT.

VICI Properties’ $288M Loan Gets Construction Howling at Great Wolf Lodge in Mashantucket

By Lisa McDuffie | February 03, 2023 VICI Properties, Inc., an experiential real estate investment trust, has agreed to provide a constr...Read more

BEB Capital has acquired the 32,745-square-foot industrial property located at 9 Fairfield Boulevard in Wallingford, CT for $2.3 million.

BEB Capital Acquires $2M, 33K-SF Industrial Property in Wallingford

By Lisa McDuffie | February 03, 2023 BEB Capital, an investor and developer of industrial, office and multifamily assets, has acquired t...Read more

Fantini & Gorga has arranged a $12-million first mortgage for the Gateway Square office complex in Burlington, VT on behalf of Investors Corporation of Vermont.

Fantini & Gorga Arranges $12M Refi for Class A Office Complex in Downtown Burlington

By Lisa McDuffie | February 01, 2023 Boston, MA-based Fantini & Gorga has arranged a $12-million first mortgage for Gateway Square, ...Read more

The Maine Arts Academy has purchased the former location of the Maine Veterans’ Homes at 310 Cony Road in Augusta, ME for $3.3 million.

Maine Arts Academy Acquires Maine Veterans’ Homes Augusta Property for $3M

By Lisa McDuffie | January 31, 2023 The Maine Arts Academy has purchased the former location of the Maine Veterans’ Homes located at ...Read more

The Wardman Group has sold the Ocean Gate Resort in Southport, ME and the Seven Hills Inn in Lenox, MA.

The Wardman Group Releases Trio of New England Boutique Hotels

By Lisa McDuffie | January 30, 2023 Washington, DC-based The Wardman Group has disposed of three recently renovated independent leisure...Read more

Blue Water Development has acquired management duties of the Sea Swell Campgrounds in Rockport, ME.

Blue Water Development Takes Over Operations of Sea Swell Campgrounds in Rockport

By Lisa McDuffie | January 27, 2023 Outdoor hospitality specialist Blue Water Development has acquired management of the Sea Swell Camp...Read more

Grossman Development Group has signed Old Navy to a long-term lease at JFK Plaza in Waterville, ME on behalf of property owner Winter Street Partners.

Leggings Galore! Grossman Development Group Lands Waterville’s First Old Navy at JFK Plaza

By Lisa McDuffie | January 25, 2023 Grossman Development Group has signed Old Navy to a long-term lease at JFK Plaza in Waterville, ME ...Read more

Boston Capital Development, LLC has secured a $19.6-million tax exempt bond to construct 59 units of mixed-income affordable housing at 120 Washington Street in Worcester, MA.

Ten Decades of Table Talk Pies in Worcester to Become Affordable Community with $20M Bond

By Lisa McDuffie | January 19, 2023 MassDevelopment has issued a $19.6-million tax exempt bond on behalf of 120 Washington 4 LLC, an af...Read more

Mission Hill Hospitality has acquired the Hanover Lebanon Courtyard by Marriott in Lebanon, NH, company’s first investment in the state.

Mission Hill Hospitality Acquires Hanover Lebanon Courtyard by Marriott in Lebanon

By Lisa McDuffie | January 11, 2023 Mission Hill Hospitality has acquired the Hanover Lebanon Courtyard by Marriott, a 124-key property...Read more

Academy for Science and Design Charter School has purchased a 137,000-square-foot mixed-use building at 9 Townsend West in Nashua with assistance from Cushman & Wakefield.

Academy for Science and Design Charter School Buys 137K-SF Mixed-Use in Nashua

By Lisa McDuffie | January 10, 2023 Academy for Science and Design Charter School has purchased a 137,000-square-foot mixed-use buildin...Read more

Bally's Corporation and Gaming & Leisure Properties, Inc. have completed a sale-leaseback of two properties for total consideration of $635 million

Bally’s Corporation Finalizes Two-Property Sale-Leaseback Deal for $635M Total Consideration

By Lisa McDuffie | January 09, 2023 Providence, RI-based Bally's Corporation has completed a deal with the operating partnership of Gam...Read more

Mittas Holdings, LLC and DGP Properties, LLC have purchased the 1550 MAIN office building in Springfield, MA from MassDevelopment.

Mittas Holdings, DGP Properties Acquire Federal Courthouse-Turned-Office in Springfield for $6M

By Lisa McDuffie | January 09, 2023 Mittas Holdings, LLC and DGP Properties, LLC have purchased the 1550 MAIN office building in Spring...Read more

Pennrose has completed the rehabilitation of a 1920s school building in Auburn, MA into the Julia Bancroft Apartments for mixed-income seniors 62 and older.

Pennrose Completes Transformation of 1920s Auburn School into Senior Housing

By Lisa McDuffie | January 06, 2023 Senior-housing developer Pennrose has completed the Julia Bancroft Apartments, the rehabilitation o...Read more

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