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• May 04, 2012
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  Hub’s 51-63 Franklin St. Lures Four New Tenants

  May 04, 2012

  BOSTON — It is 21,000 sf down and 20,000 sf remaining to fill 51-63 Franklin St., the former Wainwright Bank & Trust Co. headquarters bought two-thirds empty last year by Charles River Realty Investors and National Development. The co-investors are celebrating four commitments at the three conjoined

• 15 Riverdale Ave. Newton MA
  May 04, 2012
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  In $4.45M Buy, Legacy Takes on Newton Flex/Industrial Asset

  May 04, 2012 | Joe Clements

  NEWTON — It is the classic one-thingleads- to-another story, in this instance a desire among the owner/occupant of 15 Riverdale Ave. to sublease 20,000 sf in the 53,000-sf flex/industrial building located on the Charles River near Watertown Square. After Cushman & Wakefield broker Scott M. Gredler s

• May 04, 2012
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  Colliers, C&W Negotiate 16,325-SF Bedford Lease

  May 04, 2012

  BEDFORD — A 16,325-sf lease tendered here at 26 Crosby Dr. is the latest commitment for an office submarket that has been among the most vibrant in suburban Boston thus far in 2012. That strong pulse is reflected in a new Colliers survey showing Route 128 Northwest ahead of eight others in net absor

• May 04, 2012
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  Cornerstone Square Leasing in Home Stretch

  May 04, 2012 | Joe Clements

  WESTFORD — Hitting 80 percent on the pre-leasing scale is more of a benchmark than a milestone, but whatever one calls the situation at Cornerstone Square, its latest achievement reflects continued progress at the 238,000-sf project now going at superspeed towards an autumn opening after years in th

• May 04, 2012
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  NAIOP Bus Tour Hits Hotspots

  May 04, 2012 | Mike Hoban

  BOSTON — Mayor Thomas Menino often jokes at CRE and construction events that his favorite bird is “the crane,” a reference to the vital piece of heavy equipment that signals steel is going up on large-scale construction projects. This Wednesday, Menino would have been thrilled at the sights on NAIOP

• May 04, 2012
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  NAI/Hunneman Finalizes Trade Of Apartments in Malden, Medford

  May 04, 2012 | Joe Clements

  MALDEN — Its closing kicked into the second quarter, but a local investor has consummated the acquisition of a 265-unit multifamily portfolio situated here and in neighboring Medford. Marketed by NAI/Hunneman Commercial Co., the $23.5 million disposition to Anwar Faisal by a private partnership was

• May 04, 2012
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  HFF Brings Inn $48 Million To Build Boston Hotel

  May 04, 2012

  BOSTON—Showing signs of renewed vigor in the Hub’s hotel sector, Holliday Fenoglio Fowler has secured $48 million in construction financing through US Bank to erect a 175-room Residence Inn by Marriott that will be sited mere blocks from Fenway Park. The builder is Boylston Properties, a local

• May 02, 2012
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  Boston Realty Advisors Negotiates $16M Harvard Sq. Portfolio Trade

  May 02, 2012 | Joe Clements

  CAMBRIDGE — As predicted by its brokers when first put on the block in January, a portfolio of 53 Harvard Square apartments in two venerable buildings brought suitors from the ends of the earth for a fast and furious process that has resulted in a $16 million

• April 27, 2012
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  Jumbo Capital Pays $6.4M for 33,000-SF Asset

  April 27, 2012 | Joe Clements

  FRAMINGHAM — A surplus office building taken on by Colony Realty Partners in its 2008 portfolio purchase of several MetroWest assets has been traded to another homegrown investment group in a $6.43 million transaction negotiated by NAI/Hunneman Commercial Co. The purchase by Jumbo Capital Management

• April 27, 2012
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  NEWiRE Fetes 30th at Awards Bash

  April 27, 2012 | Mike Hoban

  BOSTON—While some folks approach their 30th birthday with a bit of trepidation, the members of NEWiRE (New England Women in Real Estate) welcomed the milestone with open arms on Wednesday night, celebrating the group’s three decades during their Annual Achievement Awards dinner at the Fairmont Cople

• April 27, 2012
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  Fairlane Shift Seen in $18.3M Buy

  April 27, 2012 | Joe Clements

  BOXBOROUGH — During its 15-year run as a real estate investment vehicle traversing eastern Massachusetts, Fairlane Properties has embarked on its share of risky routes, buying challenged properties in immediate need of leasing, management or physical TLC to overcome vacancies or harsh economies. But

• April 27, 2012
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  One Faneuil Hall Sq. Yields $40M As JLL Celebrates Eventful Week

  April 27, 2012 | Joe Clements

  BOSTON— Jones Lang LaSalle’s Capital Markets Group wrapped up two big deals this week, one of property and the other personnel. The group led by Managing Director Scott Jamieson closed on the $40 million sale of One Faneuil Hall Sq., a stylish office/retail building on the edge of Quincy Market and

• April 27, 2012
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  Enhanced Use Leasing Seen as Effective Tool in Giving Old Military Bases New Life

  April 27, 2012

  Enhanced Use Leasing Seen as Effective Tool in Giving Old Military Bases New Life EDWARD S. HERSHFIELD BOSTON — Throughout Massachusetts, and virtually every other state, there are prime pieces of real estate which could be further developed. Unfortunately, there is one significant obstacle

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