BILLERICA—A San Diego-based CRE group that last month bought into the Route 128 corridor has moved a bit north in acquiring a core laboratory property here at 900 Middlesex Turnpike, with the $42.5 million purchase made from Spaulding & Slye Investments orchestrated by JLL Capital Markets. The endea
WESTWOOD—After a lengthy hold, Texas-based L&B Advisors is cashing out on 690 Canton St., a gleaming first-class office building along Route 128 next to the transformational University Station mixed-use complex developed since the 164,700-sf asset’s prior trade in May 2011 for $34.2 million.
CONCORD—The New Year is barely two weeks old, but fresh CRE listings are cropping up already in metropolitan Boston, the latest instance Middlesex Green, an institutional-grade, 239,000-sf office complex along Route 2A where physical modernizations and other upgrades delivered a series of 2019 lease
WALTHAM—Lincoln Property Co.’s deliberate journey to develop 140,000 sf of first-class laboratory space on the infill site of a 1960’s office building is taking a big step forward through Metropolitan Life’s commitment to come aboard as joint venture partner, sources are indicating to Real Reporter
Instead, it took an even $10 million for one local investor to outduel a lineup of competitors eager to take over the brick-faced building which last traded in 1974 at a consideration of $560,000. Another impressive metric reflecting how things have changed comes via the razor-thin capitalization ra
