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• September 24, 2012
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  ‘Hotly Contested’ Colony Realty Portfolio Listed by C&W Being Sold to PA Firm for Hefty $90M-Plus

  September 24, 2012 | Joe Clements

  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

• September 20, 2012
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  Harvard Squared: BRA Gets Second Prime Listing of 2012 in Famed Cambridge District With 18-28 JFK St

  September 20, 2012 | Joe Clements

  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

• September 19, 2012
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  CBRE/NE Lines Up CHR for 580-Plus Framingham Apartments, Tops $400M in YTD Multifamily Sales

  September 19, 2012 | Joe Clements

  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

• September 18, 2012
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  $8 Million New Hampshire Buy Puts Albany Road on Map

  September 18, 2012 | Joe Clements

  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

• September 17, 2012
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  28 Newbury St. Hires HFF to Sell 19,000-SF Retail Asset Leased to Banana Republic

  September 17, 2012 | Joe Clements

  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,”

• September 12, 2012
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  NAI/Hunneman Listing Lewis Wharf for DeNormandie; Nine-Acre Harbor Site Seen Prime for Development

  September 12, 2012 | Joe Clements

  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

• September 06, 2012
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  C&W Hired to Sell One Beacon St.; Pricing Could Hit $550M for 34-Story Office Tower

  September 06, 2012 | Joe Clements

  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

• 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

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