BOSTON — Checking off lists and wrapping things up this holiday season, commercial real estate deals are being delivered by the sleighful over the remaining two weeks of 2012. Activity is so frenetic that some consider the pace unprecedented, among them Cushman & Wakefield New England Area President
CAMBRIDGE—‘Doubling Down’ has been a popular term throughout 2012, but in the case of a 27,800-sf mixed-use property in Harvard Square, doubling up appears to be the more salient concept in its blockbuster year-end sale—and in more ways than one. The $31 million trade of 18-28 JFK St. is not only
BOSTON—Liberty Wharf is being acquired by Texas-based Invesco Real Estate, bringing to a swift conclusion the acclaimed mixed-use project’s listing by Cushman & Wakefield on behalf of Cresset Development. The waterfront redevelopment at the landmark Jimmy’s Harborside Restaurant venue on Northern
CAMBRIDGE—An eclectic, iconic property in booming Kendall Square is being put up for sale by the Beal Cos. and Rockwood Capital, a partnership that has hired Cushman & Wakefield as exclusive listing agents for the 670,000-sf complex that encompasses nine buildings and covers an eight-acre swath of
BOSTON—The deed is done for 815 Boylston St.— better known to legions of adoring Hub technology consumers as the Apple Store—with an Irish investment group completing its $27.5 million purchase backed by an $18 million loan from Rockland Trust Co. Eastdil Secured negotiated the blockbuster pact that
BOSTON—In what hardly makes for a great surprise—but is certainly news for the city’s active CRE sales market—Synergy Investments has reportedly placed 2 Oliver St. under agreement after a spirited competition involving both local and national suitors. The 11-story, 223,000-sf office building is an
WALTHAM—Continuing a multifamily mania sweeping across the CRE investment sales landscape, the luxury Archstone Cronin’s Landing apartment building in downtown Waltham is being purchased by a Colorado REIT for pricing said to be around $120 million. That pending deal being brokered by CBRE/New
BOSTON—In a major one-two punch of coveted Back Bay retail transactions, a New York City department store owner is expected to buy 28 Newbury St. this week for more than $27 million while Irish capital has won a high-profile battle to acquire the Apple Store on Boylston Street, a 26,000-sf building
CHELMSFORD—Two multifamily properties built by a pioneering suburban developer have yielded $14.7 million in their trade to a New York investor backed by $11.3 million in financing from Beech Street Capital. Apartment Realty Advisors negotiated the transfer of 149 units at 42-44 and 62-67 Boston Rd.
BOSTON — Saul Ewing followed up last year’s well-received CRE conference debut with their second annual platform, “Real Estate In 2013 – “Recovery, Real or Imagined?” at the Westin Waterfront Hotel this Wednesday, with the panel discussions once more featuring strong industry lineups. The law firm a
QUINCY — Media attention might not match energy levels felt in the US Presidency tilt, but President’s Place is preparing to welcome a new leader as the Beal Cos. is expected to acquire the 350,000-sf office complex this week backed by South American capital. The hotly contested property is being
BOSTON — Up go the cranes. Boston’s skyline is changing. Except this time, the new glass and steel towers will not be filled with tenants scrambling for the exits at rush hour. Instead, they will be taking the elevators up at night. New luxury apartment towers are sprouting up throughout the city.
BOSTON — Octogenarian Harold Brown’s place in New England business lore was further cemented this week upon receiving a lifetime achievement award from the Institute for Real Estate Management, a prestigious trade group that recognized an event-filled journey dating 60 years that has brought his Ham