Cape library (again) has nauset, oudens ello busy the real reporter

THE REAL REPORTER

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October 10, 2014

Cape Library (Again) has Nauset, Oudens Ello Busy

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ASTHAM — Groundbreaking of a new library brought together some familiar faces here last month in Nauset Construction and Oudens Ello Architects, team members for that historic preservation and 17,000-sf expansion launched on the heels of completing a similar effort in West Tisbury earlier this summer, in that instance a $5.2 milAnthony Papantonis lion project that more than doubled the size of the existing library to 13,000 sf and required the tricky logistics of shuttling labor and materials between the ferry and their the Martha’s Vineyard site.

Benjamin Goldfarb For the Eastham assignment, Needham-based Nauset and Boston-based Oudens Ello need only navigate the Bourne Bridge, and did so for the ceremonial groundbreaking of a project

Eastham Library expansion, Eastham MA (RENDERING)

slated for completion by year-end 2015 at a cost of $9.1 million and backed by a coveted construction grant from the Massachusetts Board of Library Commissioners. To Nauset Vice President Benjamin Goldfarb, the design-build reunion has been welcomed, praising Oudens Ello for recognizing changing dynamics that have helped earn them a

number of similar library projects, with the architect recently selected for a $10 million facility in Scituate. “It has been great,” Goldfarb relays of the déjà vu reunion set against a warm afternoon enjoyed by project team members and dozens of library staffers, supporters and civic officials. continued on page 31

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October 10, 2014

THE REAL REPORTER

Brickstone Square continued from page 30

cle detailing the winning bidder in Andover, and had also remained mum on another matter—its listing of 3 Allied Dr. that was separately marketed on behalf of Normandy Real Estate Partners. A press release was issued in the wake of that $31 million investment which bolsters the KS footprint on Route 128, complementing its 180,000-sf Dedham Executive Park at Kambiz Shahbazi Routes 1A and 128 which has been a rival of 3 Allied Dr. prior to joining the KS fiefdom.

In the North Station agreement, which Cassidy Turley brokered on behalf of seller Synergy Investments and also procured KS Partners, Hawkins explains the deal not only broadens its holdings in that district given its existing 225 Friend St. asset a few doors away, but gives near-term upside in being 100 percent leased to

141 Portland St., Boston MA

three prized tenants, including Delaware North administration whose three-year deal would expire about the time owner

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Jeremy Jacobs opens his massive mixeduse complex across the street in front of TD Garden, a happening Hawkins is betting will combine with more than $1 billion in private development underway to make 141 Portland St.’s availabilities a popular item. “It is a very dynamic submarket that is only going to get better,” he says. “We feel we are well-positioned to capture some of that upside at the right time.”

That agreement as outlined in the Aug. 11th Real Reporter involved Cassidy Turley Executive Managing Director David J. Pergola, Brian Doherty, Colleen Carey and Jenna Skaar.

As for Oaktree Capital, one of several equity groups KS Partners has been helping find prescient opportunities in the ever-evolving New England CRE landscape, Hawkins says there are no followup prospects on the dais, but not for a lack of trying. “They have been excellent partners in our first deal, and we would clearly love to present more in the future,” he says. “We are out there every day looking, and hope the right one comes along that n makes sense for them.”

bonus. “It definitely helps that we have a good synergy continued from page 4 and know we can trust what “It was really nice, each other is doing and how because this has been 10 we communicate,” says years in the making,” Goldfarb, whose firm is celeGoldfarb explains of the brating its 10th anniversary Eastham expansion that will in 2014. Led by President replace a 1987 addition to Anthony Papantonis, Nauset the original library constructhas a broad book of business ed in 1898, the remaining ranging from academic and piece that will be preserved a medical to multifamily, mere 300 sf. Principal-inoffice and retail, as well as charge Matthew Oudens hospitality and sporting recounts t the 1987 expanfacilities, and anticipates sion “was not very sensitive” continued growth in those in treating the original piece, fields, but as with Oudens and says careful effort was Ello, company leadership made to be “more thoughtviews the library arena a ful” in how the new section is potential venue for future incorporated, a task made work. “It is turning out to be challenging given a hillside a nice niche for us,” says topography but one he mainGoldfarb.

Along with tains has been accomplished. Eastham MA library project groundbreaking (L-R): Ben Goldfarb, Nauset Oudens Ello and his firm, PNow the task at hand is to Construction; Matt Oudens, Patrick Lancaster and Joelle Szerdi, Oudens Ello Three Inc. of Norwell is servput those plans into place, Architecture; and Paul Chouinard, Nauset Construction. ing as the owner’s project and the classic shovel ceremanager through principal mony has been replaced by more func- ing previously collaborated with Oudens Dan Pallotta. That was a role held in West tional tasks in advance of the looming Ello in the West Tisbury project where Tisbury by Richard Marks, president of winter season. Goldfarb concurs that hav- Carmen Ello was principal-in-charge is a Daedalus Projects Inc. n

Cape Library