BOSTON—Having already pegged Lincoln Property Co. to manage its new trophy at 53 State St. in the Hub’s Financial District, UBS Investments has completed another piece of the real estate services puzzle by retaining Cassidy Turley FHO as exclusive leasing agent at the 40-story tower known better as
EXETER, NH — Delivering a dual boost of good news to the Exeter Commons Shopping Center, NAI Norwood broker Chris McMahon has leased more than 6,000 sf to be occupied by Exeter Paint and G&T Flooring By Design. The two locally owned businesses have shared retail space on Portsmouth Avenue in Stratha
BOSTON — A non-profit group championing ethics in the life sciences and medical research arena has moved from the Fenway district to 20 Park Plaza, taking 5,100 sf in a 10-year commitment. Newmark Knight Frank advised tenant Public Responsibility in Medicine And Research, or PRIM&R, while Lisa Saund
PLYMOUTH — In a $2.85 million deal financed by Pilgrim Bank and negotiated by Boston Realty Advisors, the Woodcrest Apartments community has changed hands for the first time since 1987. Long-time owner Gordon A. Pulsifer harvested the two-building, 24-unit property to a Brookline investment firm led
FRAMINGHAM — Genzyme Corp. strengthened its long-term commitment to the suburban MetroWest region by acquiring a 65,000-sf flex/office building here over the holidays, picking up 10 California Ave for $8.1 million. The trade was engineered by R.W. Holmes representing seller Columbia Electric Co. an
BOSTON — “Bifurcated” is a popular word in business circles these days, but CresaPartners President Joseph Sciolla says that term is insufficient when describing the fractious office market entering another uncertain year.
BOSTON — Industrial CRE brokers are reporting a solid 2011 overall—particularly for newer product—and are expecting its momentum to carry into the new year. “For 2011 in general, but especially from the second quarter to the fourth quarter, there was pretty good activity in the more modern faciliti
SOUTHBOROUGH — After a hectic end to 2011 that saw a bevy of CRE sales finalized throughout Greater Boston, the opening throes of 2012 show little evidence of easing thanks to multiple transactions that have lingered into the new year. Ferris Development closed Thursday on an 80,000-sf Southborough
ANDOVER — Frontage Road—as the name suggests—is positioned prominently, enjoying a visible venue along the Interstate 93 business corridor, but one flex/office building here has languished in the shadows for over a decade, trapped in limbo by a tenant who inked a high-priced, unneeded lease just bef
BOSTON—Dramatically shaking up Boston’s multifamily sales landscape, superstar brokers Simon Butler and Biria St. John have jumped from Cushman & Wakefield to CB Richard Ellis/New England. The transfer is effective as of this week. “They are a great team and I wish them well,” Cushman & Wakefield
BOSTON—In a move considered a boon for the rapidly evolving Seaport District—but potentially damaging for other Hub office submarkets—State Street Bank Corp. is said to be deep in negotiations on a new build-to-suit structure that would be erected by Commonwealth Ventures, industry sources are
BOSTON—Reflecting a forceful crusade to secure core real estate in proven business districts, the Back Bay’s famous Darth Vader building has traded for $112 million. Cushman & Wakefield negotiated the nine-figure deal as efforts continue to wrap up 2011 for investment sales by that firm’s Capital
NORTHBOROUGH — Energy purveyor National Grid is celebrating the designation of its 800-employee customer service and control center as LEED Gold certified by the US Green Building Council. The designation—which follows National Grid winning the top-rated Platinum ranking for its Waltham headquarters