BILLERICA, MA—Atlantic Management Corp. made a big splash closing out August through its $8.7 million purchase of a 110-acres business park in Marlborough, and the Framingham CRE firm has wasted little time since adding to its ever-evolving portfolio. Atlantic kicked off September by acquiring
CAMBRIDGE—Kendall Square wrapped up the summer by scoring two big life sciences leases – with Pfizer Corp. and Japanese drug manufacturer Esai’s “startup” H3 Biomedicine—but the big changes to the landscape will come when steel for a slew of scheduled build-to-suits starts going up, according to
ANDOVER, MA—Why the good die young is a painful question that has remained unanswered since the dawn of time. That the good die young was clearly understood again this week following the unexpected passing of Gary J. Lemire.
BILLERICA, MA—Global life sciences firm Millipore Corp. has signed a lease renewal here for nearly 40,000 sf of flex space, but the commitment could be just the tip of the iceberg. Industry sources claim the firm is deep in talks to relocate its worldwide headquarters from Billerica’s 290 Concord Rd
TAUNTON, MA—Fresh off orchestrating the $64 million sale of an Empire State power center, Eastdil Secured’s Boston team is taking on a retail assignment closer to home, having reportedly been engaged by owner RREEF to market Taunton Crossing, a 100 percent leased shopping plaza (pictured) parked
BOSTON—Two months after tying up 99 Chauncy St. in the city’s Midtown District, Synergy Investment & Development has closed on the 11-story, 96,000-sf office building (pictured), ending a spirited competition negotiated by Grubb & Ellis. The $12.8 million deal is the latest CRE conquest by Synergy,
LEXINGTON, MA—With the ink scarcely dry on a prime Wakefield portfolio sale that fetched $36.5 million this week, Cushman & Wakefield’s Capital Markets Group has already moved down Route 128 to Hayden Avenue and Spring Street, launching a marketing campaign here for Two Ledgemont Center
DANVERS, MA—Despite thriving for decades as a light bulb manufacturing plant, 75 Sylvan St. (pictured) began the new millennium cloaked in darkness, and one failed repositioning after another gave little hope that the cavernous 273,000-sf complex would ever emerge from its shadowy recesses. The
BOSTON—Teachers Insurance and Annuity Association has finalized its purchase of 33 Arch St., the high-end Financial District office tower (pictured) that drew suitors from across the globe. Negotiated by Eastdil Secured, the $365.7 million transaction on behalf of AREA Property Partners eclipses $60
CHELMSFORD, MA—After a six-year hiatus, Farley White Interests is again at the helm of 150 Apollo Dr., buying the three-story Class A office building back from a Georgia investor who had held ownership since May 2005. Boston-based FWI developed the 80,000-sf building in 2000 before Wells Real Estate
NEWTON, MA—A high-end Maryland shopping center built by New England Development Corp. is being primed for sale, according to industry sources reporting that Cushman & Wakefield’s retail team has been retained to market The Shops at Wisconsin Place. Some estimate pricing could approach $130 million
ANDOVER, MA—The latest Interstate 495 North statistics are not especially encouraging for office landlords, but even with available space near one-third of inventory in multiple surveys, a sense of doom has not pervaded the landscape, according to observers who insist there is reason for optimism.
WOBURN—Albeit headed in opposite directions strategy wise, Colony Realty Partners and Fairlane Properties have both been traversing Route 128 of late, and this week the CRE investors crossed paths here at 275 Wildwood Ave. in a $16.1 million transaction. Newton-based Fairlane bought the 174,000-sf w