A Compendium of Property & Capital News
NEWTON—After three previous trades already this millennium, a re-purposed tennis facility here at 135 Wells Ave. is being served up again, this time as a leasing or sale opportunity through commercial real estate firm 128 CRE, with unofficial pricing estimates between $18 million and $20 million for
ANDOVER—CRE investor NorthBridge Partners, which earlier this year expanded to the southeastern US, is back buying in suburban Boston, with the homegrown firm acquiring a stabilized flex building here for...
WATERTOWN—Walker & Dunlop’s new spotlight on Boston’s sizzling multifamily market comes with a timely example of the sector’s popularity, the apropos prop being Harbor Group International’s $76.1 million purchase of Riverbend on The Charles just outside Watertown Square. The first-class. 170-unit ap
BOSTON—Invesco Real Estate Advisors has checked out of a landmark retail building in the center of Downtown Crossing the Dallas-based company has held since paying $127.9 million seven years ago this month, with market sources indicating exclusive broker JLL was the agent introducing pension fund gi
CAMBRIDGE—A fast-tracked Davis Cos. upgrade of 625 Mount Auburn St. near Harvard Square has culminated in a $57.5 million sale of the first-class, 137,400-sf office building to North Colony Asset Management and Paradigm Properties with $35 million in financing provided from Jackson National Life Ins
BOSTON—This spring’s JLL and HFF Capital Markets merger has spawned little in departures of top personnel from either camp, but competitor Institutional Property Advisors is beaming about their hiring of “trailblazing” H
AVON—In a major suburban deal being orchestrated through CBRE, Marcus Capital Partners has committed to buy a 900,000-sf industrial portfolio from Novaya Real Estate Partners and Investcorp International Realty, the holdings located here in Avon as well as in Franklin, Peabody and Wilmington. The as
WATERTOWN—When it comes to the latest inner suburban exclusive by Horvath & Tremblay’s Multifamily team, one can get there from here—and stay a while, too. Tenant accessibility is a maj
WESTFORD—Risk-averse institutional capital often balks at straying beyond Boston’s urban center for CRE investments, but CBRE’s new Lone Star Funds listing here appears to have piqued the interest of some in that capital constituency’s thanks to the stablized nature of One Robbins Rd., a 298,000-sf
SOMERVILLE—In a transformational Boynton Yards sale orchestrated by ABG Commercial Realty, DLJ Real Estate has paid $23 million for a three-acre parcel next door to a speculative laboratory building the investor and Leggat McCall Properties are constructing within one mile of Cambridge’s Kendall Squ
CONCORD—These are banner days at Middlesex Green, the four-building, 222,000-sf office park re-energized by Paradigm Properties which is following up on a busy spring and summer on the leasing front with its largest commitment to date and other deals nearing conclusion. The momentum is headlined in
WALTHAM—It seems like just yesterday Davis Marcus Partners was rolling out 840 Winter St. for sale through Cushman & Wakefield, and the timing was in fact early May when the 135,325-sf health-and-wellness facility was introduced by Real Reporter as a cash-flowing opportunity even with a 26,950 sf va
BOSTON—Extra traffic is expected this autumn near Boston’s Museum of Fine Arts, the catalyst being CRE prospectors touring 77 and 81 Park Dr., elegant apartment properties now available to investors for the first time in a half-century. Fifty five units in two buildings enjoying views of the MFA and
