
Greystone Real Estate Advisory Group (GREA) has been selected as transaction advisor by the Massachusetts Division of Capital Asset Management & Maintenance (DCAMM) to advise the agency on facilitating the development of a new courthouse facility in Springfield, MA.
As part of the advisory agreement, GREA will advise the agency on the public procurement of a respondent to design, build, operate and finance a new Springfield Regional Justice Center, which will merge two separate court operations. It is expected to house up to 330,000 usable square feet of space for judicial, administrative, detention, and court services.
“We are committed to supporting DCAMM in establishing a new, permanent site for the Springfield Regional Justice Center and providing guidance for the development of a project that will serve the community and Commonwealth for generations,” said Charles Di Maggio, CEO of GREA.
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