WALTHAM—Jumbo Capital and Sound Mark Partners are acquiring Stony Brook Office Park from Clarion, with CRE sources telling Real Reporter the tandem has outdueled a determined lineup of high-powered finalists vying for a 270,000-sf property listed exclusively through Newmark. Industry watchers claim
NEWTON—Bidders came from near and far to pursue nine attached Class B office buildings here held by the same owners since the 1960s, yet ultimately, the suitor landing 1238 Chestnut St. via a $16.2 million deal brokered by Colliers International is decidedly local, with Alexandra Construction Inc.
BOSTON—A Downtown Crossing mixed-use building in the path of progress—itself among the district’s turnaround gems—is selling for over $19 million from Paradigm Properties to Bentall Kennedy, according to market sources, with a closing anticipated next week. Now under the umbrella of Sun Life Invest
WEST LEBANON, NH—There are parts of the United States where retail is in deep, intractable trouble, but a 230,000-sf portfolio of three shopping centers here in mid-state New Hampshire seems insulated from those struggles given the entire assemblage has just been bought by Davis Cos. of Boston.
BOSTON—Two landmark office buildings—one in the Financial District and the other in Boston’s booming Seaport—are being put on the market for sale through Eastdil Secured, CRE sources are telling Real Reporter, with the collective pricing potentially approaching $675 million between the separate deal