AMHERST, NH — There has not been an Albany Road in this Manchester suburb— until now. Marking the inaugural buy for Albany Road Real Estate Partners, TD Bank this week dispatched Amherst Crossing to the Boston-based firm, concluding a foreclosure ordeal and mid-summer auction of the 130,000-sf
BOSTON—Sporting Banana Republic as its sole tenant, the owner of 28 Newbury St. has retained Holliday Fenoglio Fowler to harvest the four-story, 19,050-sf building, according to industry sources, with one estimate suggesting that pricing could approch the $25 million range. “It’s on the market,”
BOSTON—Lewis Wharf is big, historic and income-producing—and now for sale. The North End waterfront property whose landlord lineage includes John Hancock himself is being listed by NAI/Hunneman Commercial Co. on behalf of the DeNormandie Cos., which acquired the mix of parking, commercial condo
BOSTON—One Beacon St. is being put up for sale through Cushman & Wakefield, industry sources are telling therealreporter.com. The trophy asset situated at the confluence of Boston’s Financial District and Government Center could fetch upwards of $550 million, according to some estimates. “It’s out
BURLINGTON—JPMorgan has agreed to acquire 800,000 sf of first class office space here following a summer-long marketing of the former Sun Microsystems campus now known simply as Network Drive. Equity partner CarVal Investors is selling its stake in the property at a price said to be in the $270 per
BOSTON—Providing welcomed momentum for a $175 million mixed-use project planned on a North Station parcel reclaimed from the Big Dig, designated developer Trinity Financial Inc. has agreed to partner with AIMCO, the Denver-based apartment REIT, sources are telling therealreporter.com. A Boston firm
LYNN — William A. Hearn’s winter of discontent has become a summer of serenity thanks to the former Anglo Irish Bank borrower emerging with his North Shore apartment holdings intact following months of negotiations to wrest them away from the Lone Star Funds. Hearn’s operation was among dozens
MELROSE—A lavish transit-oriented residential community across from the Oak Grove MBTA station is being traded by Fidelity Investments to General Investment & Development, industry sources are indicating to therealreporter.com. One market expert pegs pricing between $185 million and $190 million,
BOSTON—A quartet of downtown office/retail buildings totaling 138,800 sf has been acquired by Synergy Investment & Development, the prolific local real estate firm whose holdings are now approaching 2.5 million sf. The $30.8 million transaction was brokered by NAI/Hunneman Commercial Co. on behalf
BOSTON—One New England real estate icon is about to take on another, as Beacon Capital Partners has emerged the winning bidder to buy a 75-year-ground lease at 177 Huntington Ave., the landmark 25-story office tower anchoring the Christian Science Plaza. Beacon officials were unavailable by press
BEDFORD—At a hefty price tag of $93.5 million, Cole Real Estate Investments has acquired 174 and 176 Middlesex Tpk., connected first-class office/research buildings leased entirely to RSA Security, a division of data storage giant EMC Corp. The 54-acre, 328,000-sf office park was sold by Cushman &
BOSTON—Rising confidence in Downtown Crossing thanks to a revamped One Franklin tower development scheme and other nearby projects already underway has stirred the owner of 407 Washington St. to put the seven-story mixed-use building up for sale. Boston Realty Advisors has been hired to pitch the
BOSTON—Brown Brothers Harriman has signed a letter of intent to fill at least 300,000 sf at 50 Post Office Square, industry sources are telling therealreporter.com. The non-binding commitment at the regional headquarters for Verizon Corp. follows months of considering alternatives in the area for a