BCAT News

One of Burlington’s biggest developers, the owner of Northwest Park among other projects, has new leadership.

Nordblom Company announced in a release this week that Todd Nordblom was promoted to company President. In his new role, Todd will oversee all Nordblom Company’s investment and development activity as well as investor relations and marketing.

Todd has been with the company since 2014 and most recently served as Senior Vice President, where he oversaw many aspects of Nordblom’s residential investment and development projects.

“It is an exciting opportunity for both Todd and the company as we continue to evolve our vision and practices in such a dynamic business environment,” said Og Hunnewell, Executive Vice President and Member, Board of Directors.

In the new role, Todd will continue to collaborate with the company’s senior management team, which has an average tenure of over 20 years.

“Nordblom Company is a powerful platform for advancing not only our vision for real estate, but also enriching the lives of those served through our projects,” Todd said. “This includes our investors and communities, as well as our employees. I am humbled by the opportunity to play a leading role in guiding these visions going forward, while remaining committed to the many stakeholders that have helped define our success over the years.”

According to the company, accompanying the news of a new president is the announcement of Peter Nordblom’s transition from long-time company President to Chairman of the Board. Peter will remain active in strategic planning, financing, and asset management.

“While we have a long company history, our culture is very forward looking by design,” Peter Nordblom said. “Over the last few years, we’ve seen a new generation of talented people join and grow with Nordblom. They are well poised to help define the future of real estate in greater Boston for the coming decades.”

“Nordblom is a real estate enterprise with a 90-year history of investing, managing, and developing properties throughout the New England region and select markets across the country,” the release states. “The company currently owns and manages office, commercial and multi-family properties in the New England and Carolina markets and is committed to creating dynamic work and living environments that further the quality of life for the people who occupy its properties. Headquartered in Burlington, MA with offices in Boston, Brookline, and Raleigh, North Carolina, Nordblom has $1.2 billion in assets under management.”