LOWELL—Taurus Investments has a global real estate platform, but the Boston-based firm possesses a substantial local presence as well, one added to in recent days with separate acquisitions here and in Newton totaling nearly $55 million. The company yesterday paid $20.2 million for Cabot Crossing at
READING—Capital sources starving for core multifamily have a rare morsel to fight over in the 204-unit Reading Commons, a first-class multibuilding apartment community abutting Interstate 93 one exit up from Route 128. Jones Lang LaSalle has emerged from a spirited competition to secure the listing
BOSTON—The Back Bay’s evolving landscape is being advanced in an overt way, as owners of the landmark Pucker Gallery have engaged Boston Realty Advisors to trade 171 Newbury St., a five-level, 8,500-sf structure that last changed hands in 1979. The multi-faceted strategy includes a three-year sale/
WALTHAM—A 100,000-sf first class office building that achieved a rare Platinum LEED rating is being listed for sale by its owner/occupant, Adobe Systems through Cassidy Turley. The LEED pedigree plus being just four years old and situated on a site overlooking Route 128 has market watchers antici-
BOSTON — Providing a coup for One Financial Center, medical profession liability insurer Coverys has committed to lease 56,000 sf at the 46-story office tower which sits next to the Hub’s teeming South Station transportation center. The 15-year agreement for all of One Financial Center’s 12th and 13
WALTHAM—The tide is rising quickly for this office market stalwart that was battered by the 2008 recession which hit Route 128 just as more than one million sf of new Class A product was being delivered to the city, an untimely fate for the likes of 266 and 275 Second Ave. Taken back by John Hancock
PEABODY — C o m b i n e d Properties has announced that loyal tenant Converge has signed on for another stint at 4 Technology Dr. a first-class flex/office building in Centennial Park. Sporting locations worldwide, the Arrow Electronics subsidiary has operated its global headquarters in Peabody
CONCORD—Easy come, easy go—such appears to be the case for 330 Baker Ave., the 50,000-sf facility being constructed by Normandy Real Estate Partners on behalf of Harvard Vanguard Medical Associates. Even before the building’s completion in mid-June, Normandy is angling to harvest the net-leased prop
BOSTON—Meritage Properties principal Andrew Nathan says putting Tower Point at A Street on the block this week “was one of the toughest decisions” he has ever made regarding a commercial real estate holding. A combination of the fund that bought the 155,000-sf structure for $32 million five years
ARLINGTON — The $32.4 million purchase of 250 apartments at two properties in this Boston bedroom community is a multifamily family affair in more ways than one, as Sycamore Property Management founder Sean Wilder has teamed up with father-in-law Andre Danesh to secure the off-market deal backed by
ARLINGTON — The $32.4 million purchase of 250 apartments at two properties in this Boston bedroom community is a multifamily family affair in more ways than one, as Sycamore Property Management founder Sean Wilder has teamed up with father-in-law Andre Danesh to secure the off-market deal backed by
BOSTON—A stylish five-story residential building in the Hub’s equally trendy Fenway neighborhood is being offered for sale through Boston Realty Advisors. The 22-unit structure is presently vacant following a fire, an ordeal that with the smoke cleared provides an “unsurpassed” chance to buy a prim
NEWTON—Financed by Belmont Savings Bank, a veteran luxury homebuilder has plunked down more than $2.52 million to secure a prized site in the Needham Street corridor, setting the stage for a new retail project at the landmark former home of Salett’s Meat Market. The 27,000-sf property at 170 Needham