A Compendium of Property & Capital News
DEDHAM—Sometimes double vision can be a positive thing, or so it would seem regarding a pair of mid-2010s investments by Echo Bridge Partners and Griffith Properties which have separately delivered astounding results, the latest a $46.7 million deal at 480 Sprague St. on the Dedham/Boston line ...
FRAMINGHAM—With this year’s drought said to have dulled New England’s foliage display, leaf-peepers trolling Greater Boston’s MetroWest might want to jump off the Massachusetts Turnpike at Exit 13 onto Route 30, from which they can bask in TA Realty’s breathtaking 111 Speen St., a multi-colored offi
WESTWOOD—A joint venture whose adroit platform has made the partnership a familiar figure in flex/industrial circles regionally during the past three years is about to undergo a significant shift as Wheelock Street Capital has reportedly agreed to cede its majority position to Morgan Stanley Real Es
NORWOOD—Midwest-based Hilco Global has wrapped up a whirlwind jaunt into the Route 128 South submarket with the just-completed harvesting of 825 University Ave. traded to a local investor whose $46.3 million purchase was enabled by $20.1 million from Cambridge Savings Bank ...
FRAMINGHAM—The latest Colliers Capital Markets exclusives carry a dose of double vision for CRE investors pursuing a booming life sciences realm dominating suburban Boston where 86 percent of net absorption this year has involved lab space and with both listings part of a biotech cluster up 92 perce
PEABODY—A pair of like-minded CRE players familiar with Greater Boston’s industrial sector—and each other—have made an adroit move on the North Shore through their $30.1 million purchase of 3 Technology Dr. in Centennial Park, the all-cash deal securing a modern 159,500-sf warehouse acquired through
CHELMSFORD—Coming on line during a pandemic might seem ill-timed for any CRE project, but the coronavirus conundrum could prove advantageous for Archstone Builders, a Westford developer which has hired JLL to peddle their 168-unit apartment community completed this summer near Route 3, an amenity ri
WILMINGTON—It appears patience may prove a valuable virtue for Carlisle Properties, the Granite State CRE investor whose cross-border cluster eclipsing a quarter-million square feet of vintage flex/industrial space is being listed through CBRE amid chatter bidding could approach $50 million in a com
FRAMINGHAM—Among those nostalgic for Pre-Covid conditions—i.e. everyone—CRE denizens may be salved from a 42,500-sf office building swap in MetroWest’s famed “Golden Triangle” whose winning offer approaching $300 per sf stayed true even whilst the panicky pandemic was fueling a re-trading movement.
FRAMINGHAM—Up is largely down for commercial real estate these days, but the opposite came true in this past week’s trade of a Route 9 land site masquerading as a vacant auto dealership which crested $3 million per acre, and its seller advised by ABG Commercial Realty owes part of 571 Worcester Rd.’
MIDDLEBOROUGH—Safe harbors—or any type of harbor for that matter—might seem challenging to find in this landlocked southeastern Massachusetts community, but a Chicago firm has secured exactly that via this week’s $15.9 million purchase of a “mission critical” office building 100 percent occupied by
NEWTON—Legacy Real Estate Ventures founding principal Michael L. Price is the first to acknowledge the 53,000-sf flex/industrial building his firm has just divested after an eight-year stewardship did not entirely match the vision he had in spring 2012 spending $4.5 million to secure 15 Riverdale Av
LYNN— The freshest Colliers multifamily assignment is a straightforward opportunity peddling 100 market-rate apartments completed in west Lynn last year by Procopio Cos., a third-generation construction firm these days building into the North Shore’s expanding housing sector t
