Quincy and South Shore Massachusetts Commercial Real Estate Blog

Coastal Markets Among Most Challenging for Adding New Apartment Supply; Easier in Midwest, South Markets
Following the release of its findings last week that the U.S. may need millions more apartment units by 2030 if current household formation trends continue unabated, the National Apartment Association (NAA) and National Multifamily Housing Council (NMHC) identified...

Coastal Markets Among Most Challenging for Adding New Apartment Supply; Midwest, South Easier
Following the release of its findings last week that the U.S. may need millions more apartment units by 2030 if current household formation trends continue unabated, the National Apartment Association (NAA) and National Multifamily Housing Council (NMHC) identified...

Coastal Markets Among the Hardest To Add New Apartment Supply; Midwest, South Easier
Following on the release of its findings last week that the U.S. will need at least 4.6 million new apartments by 2030 to meet the expected increase in demand, the National Apartment Association (NAA) and National Multifamily Housing Council (NMHC) identified the...

ViaSat Expands Footprint in Marlborough Tech Park
ViaSat (NYSE: VSAT), a communications company based in Carlsbad, CA, leased an additional 20,838 square feet in the office building located at 300 Nickerson Rd. in Marlborough, MA. The 80,724-square-foot, two-story office building was constructed in 1984 within the...

Cottonwood Begins Construction on Massive 1.3 Million-SF Mixed-Use Project in Boston’s Seaport
Cottonwood Management began construction last week on an expansive new mixed-use development that will usher in a wave of new residences and retail space to Boston's Seaport. Known as Echelon Seaport, the massive 1.3 million-square-foot project will inject 125,000...

Atlantic Management Secures Financing for Two New Acquisitions
Atlantic Management secured more than $85 in financing for two permanent properties and two new acquisitions, the NECCO candy manufacturing facility and the former Astra Zeneca GMP manufacturing facility. Thomas Welch, Adam Coppola, John Poole and Tonia Jenkins of...

CoStar’s People of Note (June 16) – WCRE Promotes Mannino, CA Ventures Recruits Spellman…
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Philadelphia, Chicago, Las Vegas, Washington DC, Portland, Toronto, Milwaukee /...

Quintana Joins Senate Construction
Leading Massachusetts construction company Senate Construction has hired Dario Quintana as a project superintendent. Senate Construction has developed a business model based on assisting project management teams with developing a plan to ensure projects are efficient...

AvalonBay Plans Mixed-Use Development on Former Hilltop Steak House Site in Saugus
AvalonBay Communities (NYSE: AVB) has acquired the former site of the Hilltop Steak House in Saugus, MA with plans to redevelop the tract for a new 280-unit mixed-use development. The Arlington, VA-based equity REIT paid $17.25 million, or about $268 per square foot,...

Equity Office Properties Promotes Haraldstad to VP – Regional Finance
Equity Office Properties, the nation's largest publicly-held office building owner with a portfolio of more than 50 million square feet of office space, has promoted Brenda Haraldstad to vice president-regional finance. In her new role, she will oversee all financial...
Header Photo Credit: James L. Woodward