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Articles and Archives
12/24/2003

Architecture
HDS Architecture Completes Natick's Home Town Center
BOSTON-HDS Architecture, Inc., a Boston-based diversified architectural firm specializing in retail, mixed-use and commercial development designs, announced completion of the 15,000 square-foot addition to the Home Town Center, located on Route 9 West in Natick.

Construction
First Phase of Construction Underway for Villas at Ironwood
MIDDLETON, Mass. - Construction is underway for the first phase of the Villas at Ironwood on the Green at Ferncroft, a $12.7 million luxury condominium community adjacent to the 5th fairway of the Ferncroft Golf Course in Middleton, Mass. Pro Con Construction of Manchester, New Hampshire, is the construction manager and PCI Architecture is the project architect for the design/build project, which is being developed by InterCapital Partners, Ltd.

Facilities
Corporate Project Partners Completes Relocation of Citizens Energy Corp.
BOSTON-Corporate Project Partners, a Boston-based facility planning and project and relocation management services firm, announced that it has completed Citizens Energy Corp.'s move into a new headquarters in Marine Industrial Park in Boston. Citizens Energy Corp.

Finance
Low Interest Rates, Timely Decisions Generate Plenty of "Bings" This Year
BOSTON - Boston-based Fantini & Gorga/iCap Realty Advisors issued its year-end "Bings and Bongs" list, an annual holiday toast 'n' roast to the players within the commercial real estate industry. Fantini & Gorga/iCap, which specializes in arranging commercial real estate financings, had plenty of fodder for its annual tongue-in-cheek list of industry winners and losers, said George J.

Leasing
Codman/TCN Negotiates 4,568 SF Lease Renewal At 400 Crown Colony Drive in Quincy, Mass.
BOSTON--The Codman Company, Inc./TCN announced that Insurance Services Office Inc., has leased 4,568 square feet of office space at 400 Crown Colony Drive in Quincy, Massachusetts. ISO provides property and liability information to a broad spectrum of the insurance industry worldwide.

Eisai Research Institute Renews Three Tenants
ANDOVER, Mass.- Eisai Research Institute of Boston, Inc. recently completed its third tenant renewal at 1 Corporate Drive, Andover, Massachusetts. Verizon, occupying 34,465 square feet, expanded and renewed its lease on the second floor. This transaction represents the third occasion that Verizon has renewed in the building.

Federated Department Stores Leases 41,000 SF at 245 University Ave. in Westwood
WESTWOOD, Mass.-- ­Federated Department Storres has leased 41,000 square feet of distribution and warehouse space at 245 University Avenue in Westwood, Mass. Spaulding & Slye Colliers Principal William D. Bailey and Associate Eric B. Foster negotiated the transaction on behalf of the tenant.

Paradigm Properties Leases 13,326 SF Office Space at 711 Atlantic Ave. in Boston
BOSTON--­Paradigm Properties, LLC, a Boston-based real estate investment and management firm, announced that Rothman Partners has extended its current lease for another seven years on the second floor at 711 Atlantic Ave. in Boston. Rothman Partners, which provides architecture, interior design, urban design, programming and master planning services to academic, medical and research clients, also expanded its space on the second floor, leasing a total of 13,326 square feet in the building.

Q1 Labs relocates their HQ to Waltham, MA, from Canada
WALTHAM, Mass.-T3 Realty Advisors, LLC, a strategic real estate advisory and brokerage firm serving technology and venture capital companies announced that their client, Q1 Labs, Inc. has moved their headquarters to Bay Colony Corporate Center, Waltham, MA from New Brunswick, Canada.

On the Market
Carlson GMAC Announces Major Restructuring
WOBURN, Mass.--Patricia Bell, president & CEO of Carlson GMAC, Hammond GMAC and Kinlin Grover GMAC Real Estate, announced a complete restructuring of top management at New Englandıs largest real estate company. Ms. Bell cites these changes as a reflection of the companyıs goal to build a consumer-centric brand that focuses on high customer satisfaction via the principles of its Premier Service(sm) model of business.

NAIOP Installs Year 2004 Leadership Team
NEEDHAM, Mass. --The Massachusetts Chapter of Industrial and Office Properties (NAIOP) recently elected a new president and board of directors. The new board includes the principals of many of the leading commercial real estate firms in the Bay State. Maryann Suydam, Regional Senior Vice President, Equity Office Properties was elected President of the Massachusetts Chapter for 2004.

New England CCIM Holds Multi-Family Breakfast Seminar
WOBURN, Mass.--The New England CCIM Chapter (Certified Commercial Investment Member) will be holding a Breakfast Seminar on January 14th featuring Multi-Family Investment Sales with guest speaker Jonathan Close, Director of Apartment Realty Advisors (ARA), an Affiliate of Nordblom Company.


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