2023 Power 25 Real Estate: Ed Marsteiner
Ed Marsteiner has been the face of Newton, Massachusetts-based National Development since plans for the company to buy and develop 300 acres at East Hartford’s Rentschler Field were announced in November 2021. After cordial but long-running negotiations with the town...
National Development Announces Construction of New Logistics Facility in West Bridgewater
NEWTON, MA – National Development announced that it has closed on the acquisition of a 20-acre parcel located at 586 Manley Street in West Bridgewater, MA, and that it has commenced construction on a 210,600 square-foot Class A logistics facility. The building is...
Wayfair, Lowe’s Bringing Hundreds of Jobs in Move to 2.5-Million-Square-Foot Logistics Centers in East Hartford
The e-commerce giant Wayfair and Lowe’s, the country’s second-largest hardware retailer, will be the tenants of the two mega-warehouses that National Development is building in East Hartford, the developer announced Monday. At a groundbreaking ceremony, state and...
Massive Rentschler Field Logistics Center Development Inks Wayfair, Lowe’s as Tenants
Home-improvement giant Lowe’s and online home-goods retailer Wayfair will occupy two massive logistics buildings under construction in East Hartford, various sources have confirmed to the Hartford Business Journal. Massachusetts-based National Development bought 300...
Lowe’s, Wayfair to Occupy Massive East Hartford Logistics Center
EAST HARTFORD, Conn. (WTNH) — State and local officials celebrated a massive new project in East Hartford with a ceremonial groundbreaking. The former runways next to Pratt & Whitney’s headquarters will soon be home to giant warehouses. They were the runways of...
Rentschler Developer Buys 300 Acres in East Hartford
EAST HARTFORD — The Massachusetts developer planning a massive logistics center and tech park development at Rentschler Field has bought 300 acres there for $78.47 million, records show. East Hartford Mayor Michael Walsh expects National Development to build...
EPOCH and National Development Open Waterstone of Lexington
Executives from EPOCH Senior Living and National Development joined with Lexington Select board chair Jill Hai and local residents on October 27th to celebrate the grand opening of Waterstone of Lexington. Located at 55 Watertown St., Waterstone of Lexington is a...
National Development Hires Two Senior Real Estate Executives to Support Future Development Activity
National Development announced the addition of two new Senior Vice Presidents, Don Briggs and Charlie Rollins, to its Development group. Don Briggs comes to National Development from Eastern Real Estate where he was Managing Director – Real Estate. Prior to Eastern,...