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
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