New England Commercial Real Estate News

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

Linchris Hotel Corporation has acquired the Cape Codder Resort & Spa a 266-key hotel on Cape Cod in Hyannis, MA, from Catania Hospitality Group.

Linchris Hotel Corporation Purchases Cape Codder Resort & Spa in Hyannis

By Lisa McDuffie | January 05, 2023 Linchris Hotel Corporation has acquired the Cape Codder Resort & Spa a 266-key hotel on Cape Co...Read more

Tim Braseth and Blake Wright have joined Colliers brokerage groups in Portsmouth, NH and Portland, ME, respectively.

Colliers Brokerage Groups Welcome Tim Braseth to Portsmouth, Blake Wright to Portland

By Lisa McDuffie | January 05, 2023 Colliers has welcomed Tim Braseth and Blake Wright to its brokerage groups in Portsmouth, NH and Po...Read more

Torrington Properties has acquired the Fort Eddy Plaza retail center in Concord, NH for $30 million.

Torrington Properties Acquires Fort Eddy Shopping Center in Concord for $30M

By Lisa McDuffie | January 04, 2023 Boston, MA-based property management company Torrington Properties has acquired the Fort Eddy Plaza...Read more

Marcus & Millichap has facilitated the sale of Biotech Park Apartments, a 92-unit community located on Goldthwaite Road in Worcester, MA, for $17.3 million.

Marcus & Millichap Arranges $17M Sale of 92-Unit Multifamily in Worcester

By Lisa McDuffie | January 04, 2023 Marcus & Millichap has facilitated the sale of Biotech Park Apartments, a 92-unit community loc...Read more

A JV of Harbor Group International, LLC and Cammeby’s International Group have acquired The Pavilions multifamily community in Manchester, CT.

Harbor Group International Acquires 932-Unit Multifamily in Manchester

By Lisa McDuffie | December 29, 2022 Affiliates of Harbor Group International, LLC have acquired The Pavilions, a 932-unit multifamily c...Read more

Skanska USA Civil Northeast and D.W. White have completed Phase 1 of the MBTA’ South Coast Rail Corridor commuter rail project, which aims to connect southeastern MA to Boston.

Skanska, D.W. White Deliver on MBTA’s $550M South Coast Rail Project

By Lisa McDuffie | December 22, 2022 Skanska and partner D.W. White have delivered Phase 1 of the Massachusetts Bay Transportation Autho...Read more

Landmark Properties and JV partner Manulife Investment Management are building an 890-bed student housing project near the University of Connecticut in Storrs, CT.

Newly Created Student-Housing JV Starts with 890-Bed Project Near UC in Storrs

By Lisa McDuffie | December 21, 2022 A newly formed joint venture has designated The Standard at Four Corners, an 890-bed project at the...Read more

Trammell Crow Company and JV partner Diamond Realty Investments have closed on a 43-acre site in Merrimack, NH to build a Class A industrial facility.

Trammell Crow Company Marks First New Hampshire Development with Merrimack Warehouse

By Lisa McDuffie | December 20, 2022 The Boston office of Trammell Crow Company — a commercial real estate developer and an independen...Read more

GreyHill Group has acquired Union Place Apartments located in Hartford, CT for $5.9 million.

Greyhill Group Spends $6M for 1910-Vintage Converted Multifamily in Hartford

By Lisa McDuffie | December 16, 2022 Commercial real estate investment company GreyHill Group has acquired Union Place Apartments, a 69-...Read more

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