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37 South Hunt Rd., Amesbury MA
May 31, 2023
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ARC Tech Buys Amesbury Facility for $37.7M; CBRE Advises Founding Family in Exchange
May 31, 2023 | Joe Clements
AMESBURY — Call this a fitting postscript to the “Massachusetts Miracle” success story. Four years after selling their Amesbury composite materials business to Connecticut aerospace conglomerate Hexcel Corp. for a reported $160 million, the founders of homegrown ARC Technologies have just sold ...
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400 John Quincy Adams Rd., Taunton MA
May 30, 2023
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Wheelock Taunton Buy Seen Near $27M; JLL Listing Leased to General Dynamics
May 30, 2023 | Joe Clements
TAUNTON — It appears Wheelock Street Capital is putting its John Hancock on 400 John Quincy Adams Rd. in Myles Standish Industrial Park, with Real Reporter sources indicating Connecticut-based WSC is buying the 300,000-sf home of ...
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4 Technology Dr., Westborough MA
May 25, 2023
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Ferris Development Office Sale Tops $23M; CBRE Brokers Trade to Tenant Eversource
May 25, 2023 | Joe Clements
WESTBOROUGH — Having just leased up a Waltham building amidst the region’s slogging office sector, Ferris Development Group has bucked 2023 malaise again via this week’s harvesting of 4 Technology Dr. in one of the region’s most ...
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121 Technology Dr., Durham NH
May 24, 2023
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RJ Kelly Nabs Raytheon Offshoot; C&W Agent of 121 Tech Dr. Lease
May 24, 2023 | Joe Clements
DURHAM, NH — Owner Brandon D. Kelly affectionately calls the 500,000-sf former printing press plant at 121 Technology Dr. both “a unicorn” and “a whale” which his vertically integrated Bay State real estate firm boldly bought nearly empty in October 2021 whilst the ...
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May 16, 2023
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Berkeley Partners Seen Buying at Devens; CBRE Industrial Exclusive Could Hit $11M
May 16, 2023 | Joe Clements
DEVENS — Control of 53 Jackson Rd., a high-bay manufacturing warehouse leased to defense contractor Northrop Grumman, is changing hands for the first time in nearly two decades, sources tell Real Reporter, buyer Berkeley Partners based 3,000 miles from the 58,000-sf asset and ...
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40 Rockland Ave., Malden MA
May 14, 2023
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Horvath & Tremblay Having Busy Spring After Flurry of Q1 Multifamily Closings
May 14, 2023 | Joe Clements
MALDEN — It may seem the investment real estate world has ground to a halt, and while interest rates and other forces have complicated—i.e. slowed—deal flow, the pace has not entirely ebbed, as evidenced by ...
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6 Rockingham Rd., Londonderry NH
May 12, 2023
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Colliers Listing NH Cold Storage Asset; 124,000-SF Facility Could Bring $37M+
May 12, 2023 | Joe Clements
LONDONDERRY, NH — It is too early for leaf-peeping here and there is under 15 miles of coastline (versus 3,000 miles next door in Vacationland Maine), but the Granite State is getting an attraction that could lure a certain crowd to southern New Hampshire this summer in the structural personage ...
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1432 Main St., Waltham MA
May 11, 2023
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Ferris Deal Boosts Waltham Office Market; 128 CRE, JLL Lease Fills Up 1432 Main St.
May 11, 2023 | Joe Clements
WALTHAM—Buying into Main and Main continues paying dividends for backers of Ferris Development Group, the latest “good news” bringing 1432 Main St. to 100 percent occupancy as a ...
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805 Middlesex Turnpike, Billerica MA
May 04, 2023
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Questions Raised on Asking Rents; Holmes Study Shows ‘Scary’ Times
May 04, 2023 | Joe Clements
BOSTON — It very well may not hurt to ask, but whether that approach will actually help is another question, and while suburban office landlords are bravely holding the line on asking ...
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The Center at Hudson, 10 Technology Dr., Hudson MA
May 02, 2023
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Hudson Stop & Shop Delivers $22M; Horvath & Tremblay Negotiates Sale
May 02, 2023 | Joe Clements
HUDSON — There were bigger deals across Horvath & Tremblay’s national brokerage platform to kick off the CRE sales season, but founding principal Robert M. Horvath deems HT’s $22-million trade of a ...
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Boston Landing, 80 Guest St. Boston MA
April 24, 2023
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Athenahealth Moving its HQ to Brighton; Firm Will Fill Near 100,000 SF from Bose
April 24, 2023 | Joe Clements
BOSTON — Fresh off announcing a layoff of about 3 percent of its workforce this winter, athenahealth is making a downsizing move of a different sort, with Chairman and CEO Bob Segert confirming to Real Reporter the Watertown health care software company is relocating ...
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The Prescott at Concord Apartments, 1 Nathan Pratt Dr., Concord MA
April 24, 2023
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BlackRock Pays $156M for Concord Rentals; CBRE Brokers Swap of 350 Units on 30 Acres
April 24, 2023 | Joe Clements
CONCORD — One might call this a breaking Mews story. Certainly CBRE Multifamily’s just-completed $156 million trade of 350 apartments is notable among investment circles given Black Rock Realty Advisors paid substantially more than ...
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April 21, 2023
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The Roiled Order: I-495 Office Positive; Route 128 Absorption Down by 1.1 MSF
April 21, 2023 | Joe Clements
WALTHAM — Inside out and upside down might be apt ways to describe Newmark’s Q1 suburban office survey as Interstate 495 landlords bettered their Route 128 brethren whose key metrics such as net absorption, leasing velocity and first-class rents seldom bow to ...
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