ABG Commercial News

Stephanie Deering, VP, Facilitates 5,000 SF Lease to Skylla Technologies Inc

Somerville, MA, July 10, 2023 –  Stephanie Deering, Vice President of ABG Commercial Realty, proudly announces the successful leasing of a 5,000 square feet commercial space in Somerville to Skylla Technologies Inc. Renowned for their innovation in human-aware robotics solutions, Skylla Technologies Inc brings intelligence and awareness to robots and systems, driving a safer and more […]

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205 Cambridge Rd Front Side View

ABG Commercial Advisor’s Facilitate $2.55 Million Sale of 1.26 Acre Site in Woburn

Woburn, MA, July 28, 2023 –  Stephanie Deering, Vice President of ABG Commercial, Bernard Gibbons, Senior Vice President, and Dave Killen, experienced real estate advisor, are proud to announce the sale of a 1.26-acre prime site in Woburn, Massachusetts. This acquisition, valued at $2.55 million, marks a significant step towards the development of an early education […]

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Developers top off $915M lab project in Allston

By Rowan Walrath – Life Sciences Reporter, Boston Business Journal Developers hit a significant milestone in construction for a new, $915 million lab project in Boston’s Allston neighborhood. On Monday, developer King Street Properties and building contractor Consigli Construction Co. Inc. topped off the project that will become Allston Labworks, a mixed-use site involving life sciences space, […]

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Firefly grows in wake of healthcare disruptions in southeastern Mass.

By Cassie McGrath – Reporter, Boston Business Journal Healthcare in southeastern Massachusetts has been hampered by unforeseen events this year. In June, Quincy-based physician organization Compass Medical abruptly shut down, leaving many in Southeastern Massachusetts without access to primary care providers. That came on top of a shutdown of parts of Signature Brockton Hospital in February due to an 11-alarm […]

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State may deny grants to communities that don’t comply with new MBTA housing law

By Andrew Brinker Globe Staff, Massachusetts housing officialson Thursday added to their arsenal of financial penalties for communities that don’t comply with an ambitious new state law to boost housing development near transit stops, while granting them one big compromise that may make it easier to meet its requirements. The new rules threaten towns that avoid rezoning under […]

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CRE Lending Powers Fast Community Bank Growth But as Rates Rise, So Does Caution By Diane McLaughlin Banker & Tradesman Staff Local banks and credit unions have emerged as big winners from the 65 percent year-over-year- growth in commercial mortgage volumes statewide this year. Community banks and credit unions accounted for more than half the […]

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CRE Investment Volume Climbs 10% in Q2

Both gateway and Sun Belt markets recorded strong growth. U.S. commercial real estate investment volume rose 10 percent year-over-year in the second quarter of 2022, to $167 billion, with industrial and logistics investments providing nearly $32 billion of the total and office $24 billion, according to a recent CBRE report. Trailing four-quarter volume totaled a […]

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