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• September 05, 2012
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  Sources: JPMorgan Buying 800,000 SF at Network Drive in Burlington; Pricing Around $215M

  September 05, 2012 | Joe Clements

  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

• August 27, 2012
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  AIMCO Expected to Take Lead Position in $175M Boston Apartment Project Planned by Trinity Financial

  August 27, 2012 | Joe Clements

  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

• August 20, 2012
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  Hearn Secures Lynn Apartment Assets for $10.6 Million

  August 20, 2012 | Joe Clements

  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

• August 06, 2012
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  Fidelity Trading 550-Unit Apartment Complex in Melrose to GID; CBRE Handling

  August 06, 2012 | Joe Clements

  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,

• July 31, 2012
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  NAI/Hunneman Reps LNR in $30.8M Sale of Four Boston Buildings to Synergy

  July 31, 2012 | Joe Clements

  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

• July 30, 2012
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  Beacon Capital Wins Chase for 177 Huntington Ave., 25-Story Office Tower Listed by HFF

  July 30, 2012 | Joe Clements

  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

• July 28, 2012
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  Cole Beats Out Broad Field, Pays $93.5 Million for Bedford Park Brokered by C&W

  July 28, 2012 | Joe Clements

  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 &

• July 25, 2012
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  Building Across from Millennium Tower Put on Block; Boston Realty Secures Listing

  July 25, 2012 | Joe Clements

  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

• July 23, 2012
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  Sources: Brown Brothers Signs LOI for 300,000 SF-plus at 50 Post Office Square

  July 23, 2012 | Joe Clements

  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

• July 23, 2012
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  NAI/Hunneman Effort Reaps $4.4M for Client

  July 23, 2012

  BROOKLINE — Talk about springing forward. Capping off a busy start to 2012 that resulted in CRE closings across metropolitan Boston for various owners, the NAI/Hunneman team of Carl Christie, Daniel McGee and Henry Lieber feted the change of seasons by finalizing a $4.4 million multifamily trade in

• July 16, 2012
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  Blackstone Announces Sale Closing of 362-Room Boston Hilton Financial District

  July 16, 2012 | Joe Clements

  BOSTON—A hotel in Boston’s Financial District is under new ownership after being traded for $160.0 million by Blackstone Investors. The Hilton Boston Downtown was acquired by DiamondRock Hospitality Co. of Bethesda, MD, an entity which already owns the Boston Westin Waterfront in the Hub’s Seaport

• July 12, 2012
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  Eastdil Reps Prologis in $29M Sale of 305 Forbes Blvd. in Mansfield to UBS

  July 12, 2012 | Joe Clements

  MANSFIELD—Signaling further confidence in suburban Boston’s industrial market, global real estate giant UBS Realty Investments has committed $29 million to acquire 305 Forbes Blvd. The 430,000-sf property that is 100 percent leased was sold on behalf of Prologis by the Capital Markets Group at

• July 02, 2012
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  Richards Barry Joyce: Lab Market Fills 647,000 SF

  July 02, 2012 | Joe Clements

  BOSTON — Anyone perusing Richard Barry Joyce & Partners’ new bioSTATus should heed one caution regarding the survey of Cambridge laboratory buildings: vacancies are not as gross as they might appear. “For the average tenant, it seems a lot tighter” than the 13.1 percent tallied in the review of 8.2

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