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
ROCKY HILL, CT — Ramping up its CRE portfolio at an unprecedented scale, KS Partners has secured a portfolio of high-end office buildings here in this suburban community located off Interstate 91 just south of Hartford. The $65 million purchase from New Boston Fund that closed on Thursday encompasse
WEST HARTFORD, CT — As if CBRE/New England’s Capital Markets Group was not already busy enough after negotiating September’s $62.5 million Woburn Mall sale and a 35- asset portfolio of bank branches last week that fetched a healthy $57 million, the firm’s retail sector acumen is paying off again in
ABINGTON—Continuing to expand its presence in New England, Greystar is acquiring 180 modern luxury apartments in this South Shore community, industry sources are indicating to therealreporter.com. The South Carolina firm that has a national platform focused on multifamily development, investment and
WALTHAM—Things look a lot better these days for the epicenter of suburban Boston’s office market, and the same can seemingly be said for 266 and 275 Second Ave., a pair of first class office buildings battered by the 2008 recession but now stabilized after a spirited lease-up campaign. Given back to
PEABODY—A prominent flex/industrial building at the gateway to Centennial Park is among three Massachusetts assets acquired by Cabot Properties in a $78.5 million portfolio purchase that covers holdings in Dallas, Greater Philadelphia and Phoenix. Seller Columbia Industrial Properties has an
FRANKLIN—Exeter Street is a well-known thoroughfare in Boston. Exeter Property Group is a Pennsylvania CRE investor who soon will also be well known locally, with the private equity firm following up on a Billerica single-asset purchase by agreeing to acquire a 1.2-million-sf portfolio from Colony
CAMBRIDGE—Investors clamoring for core investments in metropolitan Boston have another option to choose from, this time in a mixed-use commercial property at 18-28 JFK St. that houses a Pizzeria Uno restaurant and 16 upper level apartments. The 27,700-sf building that has 12,000 sf of prime retail
FRAMINGHAM—Fueled by constricted supply and record legions of apartment renters, multifamily fever is migrating from downtown venues to the suburbs, with the latest example unfolding in this MetroWest mainstay where Chestnut Hill Realty is in negotiations to purchase nearly 600 units in two well-reg