BOSTON—Even in a darkened funeral home, things are pretty lively for Back Bay real estate, as evidenced by a pair of listings being handled by Boston Realty Advisors. They include the former J.S. Waterman Funeral Home, an ornate property on the edge of Kenmore Square that was shuttered several years
WAKEFIELD, MA—FM Global must feel good about its 2009 purchase of 330,000 sf at the Edgewater Office Park—because the firm’s real estate arm is doing virtually the same thing all over again, this time agreeing to buy a trio of buildings there from Teachers Insurance and Annuity Association. Being
CAMBRIDGE—When it comes to commercial real estate in West Cambridge, the long view appears to be the sunniest one, or so it would seem following this week’s $81.5 million sale of 125 and 150 CambridgePark Dr., acquired by the Blackstone Group from Barclays Bank after a spirited competition led by in
SHREWSBURY, MA—One of the mid-state’s premier apartment communities is being acquired by a New York-based investor already active in Greater Boston, as Home Properties moves towards a July closing on The Commons at Haynes Farm. Pricing for the 10-building, 302-unit property remains unclear, but
BOSTON—There are some good signs present as the city’s long-suffering office market gropes for firmer footing, perhaps the most important sort being a lease signing for nearly 70,000 sf. That would be LPL Financial committing for 11 years at 75 State St., the glitzy 31-story office tower emptied out
Story Updated July 5th, 7:42 PM BOSTON—An assemblage of 23 prized properties concentrated along the Hub’s famous Newbury Street could fetch $175 million and possibly north of that estimate, according to industry experts. As revealed on Monday at therealreporter.com, owners Taurus Investments and Urb
CANTON, MA—A sleek, three-story office building whose foreclosure by Wells Fargo Bank exemplified the economic recession of 2008 is getting a new lease on life in more ways than one, as Lojack is taking the entire 63,000 sf left fallow when anchor tenant Tweeter Entertainment went bankrupt. Brokered
CAMBRIDGE—A quartet of historic buildings in one of the city’s life sciences hotbeds is angling to capture future demand from that sector and other emerging industries after receiving $19.3 million from Salem Five Cents Savings Bank. Centremark Properties not only refinanced a maturing loan, but the
WALTHAM, MA—All the locals were chasing 285 Bear Hill Rd., but California-based Alexandria Real Estate Equities has won the day, paying $3.9 million to secure the 26,275-sf flex/office building that possesses an alluring presence for owners of life sciences real estate, the REIT’s raison d’être.
BOSTON—The Financial District’s original Main and Main is for sale—and 53 State St. is expected to fetch a big price at a time when core real estate is in hot demand. Completed in 1985 on the same site where the Boston Stock Exchange opened its doors in 1896, Exchange Place is being harvested
MASHPEE, MA—As this seaside community hits its summertime stride, the owner of South Cape Village is welcoming a new restaurant aimed at drawing locals and tourists alike to the 156,000-sf shopping center. Bistro 36 will seat approximately 130 guests, estimates C. Talanian Realty Chief Operating
WILMINGTON, MA—A 177,000-sf flex building just off Interstate 93 north of Boston has been snapped up by an affiliate of Analog Devices. Lincoln Property Co. advised longtime owner Beckwith Realty LLC in the $4.5 million deal, orchestrating a rare trade of such a large asset in one of Greater Boston
WESTBOROUGH, MA—As infill sites go, they don’t come much bigger or more coveted than 25 Research Dr., and after a lengthy marketing effort, the 68.4-acre former National Grid campus has been acquired by Charles River Realty Investors and National Development. Marketed by Jones Lang LaSalle, the 282,