Silver Hammer Award for Alaris Construction!


Last week, we had the honor of receiving the Worcester Regional Chamber of Commerce Silver Hammer Award for our team’s outstanding work on the building located at 517 Main St in Worcester. This project involved the careful restoration of a long-vacant building in Downtown Worcester, resulting in the creation of 8 residential apartments and a ground floor retail space. Following the completion of the project, all 8 units were quickly leased after we handed over occupancy to The Grid Property Management.

We are absolutely thrilled with the outcomes achieved through this project and eagerly anticipate our ongoing participation in the revitalization of Downtown Worcester.


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35 Portland St, Worcester


Approval Received!

We have received Planning Board approval for our newest project on 35 Portland St in Downtown Worcester.

The approved project was designed with 108 residential units, ground floor retail and a state-of-the-art parking system on the ground floor.  The six-story building design also includes a beautiful interior courtyard, imagined by our in-house design and development team at Alaris Construction.

Special thanks to Joshua Lee Smith for his work to get the project approved.

Continue to follow us to get the latest information on MG2 developments and investments!


35 Portland Exterior

Volunteer Initiative in East Boston


A big thank you to our staff at MG2, Alaris Construction, and Grid Management for donating their time last week and this week to the YMCA Hunger Prevention Distribution Center! Our employees are all carving out time to lend a hand in their communities this year, starting with an ongoing volunteer effort with the YMCA Food Distribution Center.

Between last week and this week the following was accomplished:

·      1,200 Bags of food packed.
·      7 employees participated.
·      24 hours of volunteer work.
·      10 drop off sites filled

Thank you to our dedicated employees for stepping up and helping the workers at the YMCA!

Working with the YMCA Hunger Prevention Distribution Center has been very rewarding for our company, as well as our employees, for more information on their mission click the link below! We are looking forward to posting updates as our volunteer efforts continue in the upcoming weeks.


2022 Year in Review



12022 was another busy year for MG2!
We completed $180 million of transactional activity despite the changing economic conditions. Our hard work paid off in 2022 with continued growth throughout the MG2 portfolio.  We are extremely proud of our brand-new boutique apartment buildings in East Boston, built by Alaris Construction. We continued the renovations and updates of older buildings to create more modern apartments for our residents.

We anticipate 2023 will be another busy year as we navigate through the “New Normal” with our holdings in East Boston, Worcester and beyond.  Continue to follow our page for the most up-to-date company news and insights!

Welcome to the Grid District, Ziggy Bombs!


Ziggy Bombs started out as a pop-up shop, then started an extremely popular food truck business, and has just opened their first restaurant located in the Grid District in Downtown Worcester.
This will be a great additional amenity to the residents of the Grid District, who already get to enjoy the Worcester Beer Garden and the Brew on the Grid café centrally located in the Grid District. We wish you a happy opening day, Ziggy Bombs!

Ziggy Bombs Grand Opening

MG2 & Blueground partnership


We are excited to announce a new partnership with Blueground at one of our recently acquired buildings on Beacon Hill!

Blueground is a global proptech company that operates a curated network of thousands of move-in ready, fully furnished apartments enabling people to live flexibly wherever they choose. Blueground apartments are available for rent in the most sought after neighborhoods in Boston, the US, and around the globe.

We are looking forward to seeing Blueground’s vision come to life with aesthetically pleasing décor and attention to detail for their renters. Click the link below to find out more about their business

2nd Quarter Update 2022


MG2 is welcoming a busy second quarter of 2022, despite changing market conditions. With a total of 14 transactions amounting to $34,500,000 of acquisitions and dispositions, including condo unit sales.
We are looking forward to continued success in the remaining half of this year!Q1 (1)

Turning long-vacant building into luxury apartments in Worcester


“Eight freshly renovated one-bedroom, one-bathroom apartments will open to new tenants next month in what was once a long-vacant building steps from City Hall and Worcester Common — the latest in a series of transformations spurring the downtown renaissance.

 The red brick façade of 517 Main St. sits sandwiched between the Great Wall Chinese restaurant and the tall corner building at the intersection of Franklin and Main streets. Its interior has undergone major changes under Grid Management, which is leasing the new units.

Property Manager Scott Johnson called the building “just a shell” when the management group acquired the property. It rises five stories tall with a commercial space at street level. Now, it is a “luxury apartment building” with rents priced at $1,750 per month.

“We framed it, built it out and everything is brand new,” said Johnson, who oversees the management group’s Worcester portfolio consisting of eight buildings with 549 units in total.

The ground level previously housed a MetroPCS store, that was moved to a commercial space in the neighboring building Johnson said. The upper levels sat vacant and unused for “quite some time” according to Johnson, though he could not give an exact amount of time. Some of the upper floors also had boarded windows in archived Google Street View images.”

Full Article

New Condo in Pre-Sale


The beautiful new construction at 277 Border St. in East Boston will be home to 18 luxury condos, including two units that fall under Boston’s Inclusionary Development Policy.


Each unit features a private outdoor space, Quartz Countertops, slab cabinetry, matte black fixtures, and stainless appliances. In addition to the 18 condos, we will be adding a commercial space to ground floor of the building, helping the East Boston neighborhood continue to grow. Additional details and pre-sale information can be found by clicking the link below.

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