BOSTON — Barely two years after scooping up 711 Atlantic Ave. in the Hub’s historic Leather District, Structure Tone is selling the six-story, 83,000-sf office/retail building to Meritage Properties of New York, industry sources are advising The Real Reporter. CBRE/ New England is said to be agent
FRAMINGHAM — After a fiveyear drought chasing commercial real estate investments, Genesis Management is making up for lost time, or so it would seem following the simultaneous but separate purchases of abutting 32,000-sf office buildings overlooking the Massachusetts Turnpike. Ten and 20 Speen St. w
Signage can be impactful in an office environment from shaping a visitor’s first impression to reinforcing the company image, culture and interior environment. Signage instantly communicates the brand of a company and should reflect the logo and image accordingly. However, in many cases, signage is
BOSTON — A highlight of the Urban Land Institute of Boston’s second annual Urban Marketplace event held here recently was the “Inner Suburbs: Urbanizing the Suburbs” roundtable discussion. Held at the Boston Convention and Exposition Center, the heavyweight panel, consisting of Don Briggs of Federal
BOSTON — It is 21,000 sf down and 20,000 sf remaining to fill 51-63 Franklin St., the former Wainwright Bank & Trust Co. headquarters bought two-thirds empty last year by Charles River Realty Investors and National Development. The co-investors are celebrating four commitments at the three conjoined
NEWTON — It is the classic one-thingleads- to-another story, in this instance a desire among the owner/occupant of 15 Riverdale Ave. to sublease 20,000 sf in the 53,000-sf flex/industrial building located on the Charles River near Watertown Square. After Cushman & Wakefield broker Scott M. Gredler s
BEDFORD — A 16,325-sf lease tendered here at 26 Crosby Dr. is the latest commitment for an office submarket that has been among the most vibrant in suburban Boston thus far in 2012. That strong pulse is reflected in a new Colliers survey showing Route 128 Northwest ahead of eight others in net absor
WESTFORD — Hitting 80 percent on the pre-leasing scale is more of a benchmark than a milestone, but whatever one calls the situation at Cornerstone Square, its latest achievement reflects continued progress at the 238,000-sf project now going at superspeed towards an autumn opening after years in th
BOSTON — Mayor Thomas Menino often jokes at CRE and construction events that his favorite bird is “the crane,” a reference to the vital piece of heavy equipment that signals steel is going up on large-scale construction projects. This Wednesday, Menino would have been thrilled at the sights on NAIOP
MALDEN — Its closing kicked into the second quarter, but a local investor has consummated the acquisition of a 265-unit multifamily portfolio situated here and in neighboring Medford. Marketed by NAI/Hunneman Commercial Co., the $23.5 million disposition to Anwar Faisal by a private partnership was
BOSTON—Showing signs of renewed vigor in the Hub’s hotel sector, Holliday Fenoglio Fowler has secured $48 million in construction financing through US Bank to erect a 175-room Residence Inn by Marriott that will be sited mere blocks from Fenway Park. The builder is Boylston Properties, a local
CAMBRIDGE — As predicted by its brokers when first put on the block in January, a portfolio of 53 Harvard Square apartments in two venerable buildings brought suitors from the ends of the earth for a fast and furious process that has resulted in a $16 million
FRAMINGHAM — A surplus office building taken on by Colony Realty Partners in its 2008 portfolio purchase of several MetroWest assets has been traded to another homegrown investment group in a $6.43 million transaction negotiated by NAI/Hunneman Commercial Co. The purchase by Jumbo Capital Management