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 &
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
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
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
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
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
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
QUINCY—A pair of office buildings and seven-level garage are being acquired by the Beal Cos. of Boston, industry sources are telling therealreporter.com. The 350,000-sf Presidents Place complex at 1250 Hancock St. is being marketed by Cushman & Wakefield on behalf of a Lincoln Property Advisors’
BOSTON—When it comes to the battle for tenants between the city’s quickly emerging Seaport and the venerable Financial District, Commonwealth Ventures appears to have both bases covered. After luring global financial giant State Street Corp. to Channel Center for a new headquarters that will top 500
NATICK — At 52, Daniel Breault is not facing a mid-life crisis — he is seizing a mid-life opportunity. “I love it,” Breault says in an interview with The Real Reporter shortly after his appointment as Regional Director for RE/MAX of New England. The Connecticut
FRANKLIN, MA—Real estate investors possessing a hankering for industrial and $90 million or so in their pocket have an option in suburban Boston thanks to a portfolio encompassing an estimated 1.2 million sf being offered through Cushman & Wakefield, industry sources are telling therealreporter.com.
BOSTON—The Davis Cos. has returned to Boston’s Seaport District, a submarket considered among the most vibrant in New England after enduring decades of fits and starts as a business destination. The locally based investor has bought the loan backed by 24 Farnsworth St., a nearly vacant six-story, 75
EAST BOSTON — With last week’s news that the townsfolk of Foxborough had effectively KO’d the Bob Kraft/Steve Wynn casino proposal, some may have speculated that Suffolk Downs would now have the inside track, and there would be a flurry of CRE activity in East Boston. But