JMC & Co News

43 members from JMC attended the annual MAA Expo event at the Hynes Convention Center in Boston this week. This is MAA's largest event of the year and is open to all  job levels making the day impactful for everyone who attends.  The morning began with networking which led to the kickoff keynote speaker, Bozoma Saint John, who was the former CMO at Netflix and Endeavor, CBO at Uber, and Marketing Executive at Apple Music and PepsiCo and was named Forbes' "#1 Most Influential CMO".  After the first keynote, the tradeshow floor opened up with over 160 booths for everyone to explore new vendors and reconnect with existing vendors. The afternoon followed with lunch and smaller breakout sessions. There were 7 different breakout sessions for everyone to learn about new trends and insights in the industry. Several topics were covered including advertising, employee retention, performance reviews, self service technology, reputation management and renter behavior, cost effect...

October 18th marked the day of the Innes Redevelopment groundbreaking in Chelsea, MA.  All of the partners in the project and several elected officials came together to commemorate this momentous occasion on site. This project has been in the works for six years and everyone was elated to celebrate the next phase of this redevelopment.  Master of Ceremonies  Rendering of Innes Redevelopment The afternoon kicked off with a master of ceremonies led by Jay Ash, President and CEO of Massachusetts Competitive Partnership. He was joined by several other partners and elected officials: Tom Ambrosino, City Manager of the City of Chelsea Congresswoman Ayanna Pressley Al Ewing, Executive Director of Chelsea Housing Authority Mike Kennealy, Secretary for the Commonwealth of Massachusetts Joseph Corcoran, President of of Joseph J. Corcoran Company Peter Mahoney, Executive Vice President of John M. Corcoran & Company Melissa Booth, President of the Innes Resident Association All o...

John M. Corcoran & Company has embarked on a joint venture with The Brennan Group, Inc. to develop a 267,000 square foot Class-A High Bay Industrial Warehouse/Manufacturing Facility in Leicester, MA. Leicester Central will sit on 50 acres of land adjacent to Worcester at Route 56. Leicester Central Rendering Leicester Central has access to several major highways making it the ideal location for this manufacturing facility. The facility will be a great addition to the area as Worcester is the second largest populated city in New England. Leicester is also highly accessible to the Worcester Airport, Logan Airport, and several cities including Boston, Springfield, Lowell, Providence, RI, and Hartford, CT. Site Location This facility will be substantial in size to accommodate several loading docks, drive-in doors, and overhead doors in addition to 279 parking spaces and 59 trailer stalls.  Site Plan The land was cleared in June and is ready for development! We look forward to the ...

The redevelopment of Innes Apartments in Chelsea, MA will be accomplished through a joint venture among John M. Corcoran & Company , the Joseph J. Corcoran Company, and Marcus Partners. JJC was awarded the project four years ago and has worked through the local and state permitting processes and assembled the necessary public subsidy to move the project along. JMC & Co will lead the design, construction and financing of the project in addition to providing property management services upon completion.  Map of Chelsea, MA Innes Apartments is in a great location with superior access to public transportation straight into the heart of Boston. The site is located just one block away from the Silver Line giving residents access to South Station in 20 minutes and with the Chelsea Commuter Rail Station only 10 minutes away, North Station is a quick 10 minute ride into the city. Logan Airport is located just 1.5 miles away and 5 miles away from South Boston and the Financial Distr...

As many of you know, John M. Corcoran & Company has a deep-rooted relationship with Caritas Communities . P. Leo Corcoran, John Corcoran's partner, founded this 501(c)(3) nonprofit in 1985. The mission states, "At Caritas , we prevent homelessness by providing very low-income individuals with permanent housing, support, a sense of community and expanded opportunities. Since 1985, Caritas  has helped fill the need for safe, secure housing in Greater Boston." The Young Leader Committee was created in 2014 to facilitate the significant growth in volunteer leadership. According to the Caritas  website, "Our Young Leader Committee serves to engage other young professionals in the Boston area to improve the lives of our lowest income neighbors through

John M. Corcoran & Company  is thrilled to have commenced construction on a 372,000 sf site. This site will feature a Class A High Bay distribution facility in  Lunenburg, MA . This project is a new and unique opportunity for  JMC & Co  to take advantage of as a non-residential development.  Construction Underway  According to a recent post on by  ARCO National Construction Company  on  LinkedIn , "The project comes in response to unprecedented demand for industrial assets in the greater Boston market as record-setting low vacancy rates and speed to market demands from tenants are resulting in an increasing number of developments taking place on a speculative basis."   Site Plan This 30 acre site will feature 71 dock positions, 2 drive-in doors, a  solar-ready roof  structure, and the capacity for future  EV charging stations  upon completion.  We look forward to seeing the transformation of this exp...

 Although the hype of Winter slowly starts to decline after the Holidays, we have to remember to take advantage of all the unique activities that this snowy season provides. Our properties are spread throughout New England which makes it easy to do some exciting day trips to experience new adventures near and far.  Venture to Lincoln, NH Halstead Manchester is just 77.4 miles away from Lincoln, NH which makes for an easy hour long trip to a location fit for everyone to enjoy. Lincoln is home to the popular ski resort, Loon Mountain . This mountain has beautiful sunny trails perfect for beginner and expert skiers and riders. However, if skiing is not for you, Loon Mountain also offers snow tubing for all ages day and night. Start the morning at Flapjacks to fuel you up before you hit the slopes and be sure to make a stop at the Paul Bunyan Room for some après beverages to close out the day. Looking to stick around for dinner? Check out the Common Man or Black Mtn. Burger C...

Are you looking to spice up your TV and movie selections to get through these cold Winter days? Look no further! Our staff here at John M. Corcoran & Company has plenty of options to offer up. Some of our employees reported in their very own top picks across several different genres that will give you some variety on your big screen. Comedy and Reality- The Best Combination Patricia from our Accounting Department reveals that she loves a good laugh when it comes to her favorite movies. She said, "... one of my most favorites that never gets old to me is The Hangover , The Hanover Part II , and The Hangover Part III ..." and she loves them, "... because this is something that CAN happen in real life and how they go through so much craziness to find their friends...," by backtracking to discover what happened the night before which leads to even more wild adventures. Check out HBO Max, Apple TV, Prime Video to experience the shenanigans of the notorious wolf pack...

John M. Corcoran & Company recently acquired Munroe Place Apartments located in Quincy, MA. This property consists of 111 apartment homes and 10,000 square feet of retail space on the ground level. Munroe Place provides the ultimate living experience with the perfect blend of convenience and historic charm.    This community is located steps away from the MBTA Quincy Center Station with access to the Red Line and Commuter Lines . You can get to downtown Boston in minutes by train or jump on the highway as Munroe Place is conveniently located near Routes 1, 3, 128, and I-93.  Munroe Place offers the best of both worlds with convenient access not only to the big city, but also to the hub of Quincy Center. Step outside the doors of Munroe Place and you will find Starbucks right next door to grab that cup of coffee before you hit the train or take a stroll down to the beautiful water fountain at Quincy Square Park . Quincy has a quintessential New England feel tha...