DEVENS — Metric Corp. President Geoff Caraboolad joined MassDevelopment President and CEO Marty Jones this week to fete the launch of a dozen townhouses being built here on Bates Street, units dubbed by the sponsor as “super energy efficient” and yet also being touted as moderately priced and attrac
SOUTHBOROUGH — A commercial property here at 150 Cordaville Rd. is preparing to welcome an energetic occupant after Inside Playground LLC signed on for 13,050 sf, a commitment aided by some fancy footwork on behalf of the broker, August Brewer of Greater Boston Commercial Properties. The 42,000-sf f
SAUGUS — They have both been on a nauseating rollercoaster ride during the past decade, but retail real estate and securitized debt have united at the Square One Mall through a permanent refinancing of the shopping center from a securitized lender, an affiliate of Deutsche Bank. Holliday Fengolio Fo
BOSTON — When FHO Partners launched its Asset Advisory Group four years ago, the idea was to develop a unit exclusively dedicated to representing landlords. By providing not only leasing services, but assisting owners in repositioning properties to best suit the tenant market, FHO hoped to carve a n
BOSTON — Reflected by its second straight year exceeding a half-billion dollars in deal flow, the Cushman & Wakefield multifamily sales force has enjoyed a banner 2011, but the team led by Simon Butler and Biria St. John is putting an exclamation point on that performance in a late-season surge that
BOSTON — Beating Santa Claus to the punch, UBS Invest-ments delivered a welcomed present to the New England CRE sales community this week, finalizing the global real estate giant’s gargantuan purchase of Exchange Place for a whopping $610 million—or more than $500 per sf to land the 40-story Financi
BOSTON—A new future appears imminent for 493-497 Commonwealth Ave., but just exactly what that might be for the erstwhile J.S. Waterman Funeral Home remains clouded following a New York firm’s acquisition of the three-building property that sits perched on the edge of Kenmore Square. Boston Realty
BOSTON—It has been barely a year since Avison Young fused with Essex River Ventures to establish a Boston outpost, and less than four months since veteran broker John “Jack” Kerrigan Jr. and several Grubb & Ellis colleagues including Steve Cook arrived on the scene, but the Canadian-based real
BOSTON—A REAL REPORTER EXCLUSIVE STORY -UBS Investments is buying Boston’s 53 State St. office tower from Brookfield Properties, therealreporter.com has learned. “It is under agreement,” insists one market expert, with the pricing said to exceed $600 million for the building also known as Exchange
WEST SPRINGFIELD, MA—A Brookline investor has acquired two garden-style apartment properties in western Massachusetts, picking up assets here and in neighboring Holyoke from the same ownership. Irwin Russell Oken’s purchases were backed by financing from Arbor Commercial Funding
MARLBOROUGH — Hines Global REIT has finally lassoed its MetroWest prize, closing on the Campus at Marlborough after a protracted final chapter elongated by a loan assumption to complete the transfer. Hines, which earlier this year acquired a prime asset on Route 128, paid $103 million for the
CANTON, MA—In one of suburban Boston’s largest leases of 2011, a Louisiana engineering firm that bought out Stone & Webster in 2000 has committed to 190,000 sf at 150 Royall St. here along Route 128 South. The high-end office building is occupied by owner OneBeacon Insurance, which is consolidating
It was assembled piecemeal over five years, but a portfolio of 28 Back Bay properties centered around Newbury Street has traded whole cloth to an Atlanta-based investor, a $226.5 million transaction likely to garner national—and perhaps international—notice. The beneficiaries are Taurus Investment