MARLBOROUGH, MA—The MetroWest has been a bear market for office landlords in recent years, but local owner David Ferris has had plenty of reasons to be bullish about 2011, especially upon landing a marquee tenant for his opulent office property at 325 Donald Lynch Blvd. NASDAQ Corp. will occupy in
BOSTON—A crowd exceeding 1,100 corporate and community leaders battled the early morning cold and rain Thursday to support the United Way's 18th Annual Real Estate and Building Industry Leadership Breakfast at the John B. Hynes Veterans Memorial Convention Center—and the United Way was the big
BURLINGTON, MA—Business software giant Oracle Corp. has emerged as winning bidder of 4 Van de Graaff Dr., sources are telling therealreporter.com, with pricing estimated around $16 million. The well-regarded 93,000-sf office building overlooking Route 128 was taken back this summer by Capmark
PROVIDENCE, RI—Rhode Island has had a choppy start to the decade, but a gleaming symbol of its success during the vibrant mid-2000’s is being made available here via Cushman & Wakefield’s Capital Markets Group. The world headquarters of lottery technology company GTECH could fetch north of $50
LOWELL, MA—One of the city’s most enduring property owners is offering up a diverse assemblage of Hamilton Canal District buildings, a 264,000-sf compilation that listing agent Jeremy Cyrier terms “a textbook value-add deal” featuring the treasured benefit of steady cash flow. The four-building
BOSTON—Perhaps it is gilt by association, or a sign that the value of Back Bay real estate extends past Newbury Street, but whatever the influences, Marlborough Street buildings continue to reap impressive results from investors. Following up on last month’s trade of a six-unit apartment building at
BOSTON—An iconic Back Bay office mid-rise is being pitched to investors, as One Exeter Plaza joins a growing list of Class A properties being offered to core-centric capital willing to pay a premium for top product. Nicknamed the “Darth Vader Building” due to an architectural critic’s lasting
BEVERLY, MA—For jittery capital seeking commercial real estate on the safe side of the street, Colliers International has a new listing Capital Markets team leader Lisa M. Campoli anticipates will be right up their alley. The 15-year sale/leaseback opportunity of the Axcelis Technologies world
BOSTON—It is mere weeks now until All Hallows Eve comes to pass, and in the retail business, that means the beginning of the ‘popup’ season—short term lease stores— which have seen a dramatic increase in volume since the recession hit in 2008. The proliferation of Halloween-themed popup stores began
BOSTON—The tale of an office market recovery appears to be a cautionary one. Even Q3 results showing positive net absorption and rent increases for hot districts such as the Back Bay and East Cambridge are being issued amidst trepidations that the global economic malaise is finally infecting Bay
BOSTON—A nine-figure bid has landed one of Downtown Crossing’s most prominent commercial buildings, as Invesco Real Estate Advisors has completed its purchase of 350 Washington St. for $128 million. Among one of Boston’s top investment deals of 2011, the transfer from Boston Retail Development LP
WESTBOROUGH, MA—Continuing a pursuit of Interstate 495 industrial assets—and finalizing a deal that commenced in mid-August—TA Associates Realty is set to consummate its $21-million-plus purchase of a 450,000-sf portfolio along Route 9 in the Otis Business Park. Via its Realty Associates Fund IX
BOSTON—Eager teenagers vying for the latest version of torn designer blue jeans could not match the ardor seen among investors for Newbury Street real estate, and now that Jamestown Properties has committed to a supersized portfolio of 23 buildings put up for sale earlier this year, one-off