Government & Public Policy
Transit village project, Gateway tunnel in focus in Buttigieg visit to Somerville

A new mixed-use transit village in downtown Somerville took center stage during a recent visit by U.S. Transportation Secretary Pete Buttigieg, highlighting the importance of infrastructure investment as Congress debates a $1 trillion spending package.

Industrial
Boniakowski inks sale of 16,000 sq. ft. Middlesex warehouse among latest deals

A fully leased, 16,000-square-foot flex industrial building in Middlesex County has changed hands, in one of several recent deals by The Boniakowski Commercial Real Estate Group.

Retail
NAI DiLeo-Bram: Korean eatery takes 2,200 sq. ft. at mixed-use Somerville building

A homestyle Korean restaurant has leased nearly 2,200 square feet at a historic building in downtown Somerville, according to brokers with NAI DiLeo-Bram & Co.

Residential & Mixed Use
Somerset, AvalonBay close land deal in Somerville ahead of 374-unit rental project

Somerset Development has completed the sale of 15 acres in downtown Somerville to AvalonBay Communities Inc., paving the way for the construction of 374 apartments and other uses that will anchor a long-awaited redevelopment project.

Government & Public Policy
Developers wanted for NJ Transit sites in Jersey City, Woodbridge

NJ Transit is seeking would-be developers for two sites, including property at the busy Metropark station in Woodbridge and a parcel near Liberty State Park in Jersey City.

Residential & Mixed Use
Weiss Properties unveils 60-unit rental building, its latest project in Somerville

Weiss Properties has opened the doors to its second luxury residential building in Somerville, delivering 60 new apartments and amenity spaces to the borough’s growing downtown.

Residential & Mixed Use
Somerset closes on 31-acre transit village site in Somerville

Somerset Development has completed its long-awaited acquisition of 31 acres in downtown Somerville, paving the way for a project that includes more than 500 residential units and other uses adjacent to the borough’s train station.

Finance & Capital Markets
Somerville: HFF inks $13.25 million refi for 69-unit rental complex

The developer of a new 69-unit high-end apartment building in Somerville has refinanced the property for $13.25 million, brokers with HFF announced Wednesday.

Retail
Paramount launches program to guide, incentivize franchise leases

Paramount Assets has launched a new program aimed at spurring the growth of franchise businesses within its commercial portfolio.

Residential & Mixed Use
Somerville: Developer hails lease-up of 69-unit rental property

Renters have flocked to a new 69-unit residential property in downtown Somerville, filling the luxury apartment building less than three months after it opened for leasing.