BOSTON—Most of the “easy buttons” for financing commercial real estate were salted away after the 2008 industry crash, but Holliday Fenoglio Fowler Director Janet N. Krolman says arranging a $12.5 million loan on 176 Federal St. did not take the heavy lifting often mandated in the still-rocky
DEDHAM, MA—Office leasing has been spotty in many parts of the suburban landscape, but Normandy Real Estate Partners has been spot-on in its strategy for attracting tenants to a pair of properties here along Route 128’s southern flank. A quartet of recent commitments—including three fresh deals—has
BOSTON—Calling 99 Chauncy St. a “jewel box building” would be a stretch at this juncture, but the 11-story, 102,000-sf office/retail property in the city’s Midtown District could soon be getting the sort of polishing needed to restore it to the grandeur of yesteryear, with industry observers
The dog days of summer and its perennial leasing drought are just around the corner, but Boston Realty Advisors is showing no sign of slowing down as the mid-year mark approaches. A flurry of signings in the city and on the suburban scene has resulted in close to 45,000 sf of commitments
LEXINGTON, MA—It is hardly a revolutionary move, but the Hamilton Co. has added to its expanding multifamily portfolio by acquiring the Battlegreen Apartments, a six-building, 48-unit complex purchased from Boston Residential Group for $10.0 million. The 4.1-acre property at 32-42 Worthen Rd.
BURLINGTON, MA—The end—or in some ways, a beginning—is near for suburban Boston’s 4 Van de Graaff Dr., the glitzy 93,000-sf office building saddled by a $25.1 million loan held by Capmark Finance. According to industry sources, Cushman & Wakefield has been hired to market the loan in advance of a
MALDEN, MA—A four-story, garden-style multifamily building near Wellington Circle has been harvested by the Hamilton Co. for $8.75 million. In a deal negotiated by NAI Hunneman, the 66-unit property at 130 Avon St. was acquired on Thursday by a local real estate operator who was backed by $6.29
MEDFORD, MA—Providing a major infusion to the capital stack, a trio of Massachusetts-based lenders has combined to deliver $137 million in financing for Station Landing, National Development’s multi-faceted commercial project on the shores of the Mystic River. The majority of the monies comes from
WALTHAM, MA—The times they are a’ changin.’ And although commercial real estate was certainly the last thing on 1960’s icon (now septuagenarian) Bob Dylan’s mind when he penned that legendary song, it could easily have been the theme for this week’s NAIOP Massachusetts program held Wednesday
NORWELL, MA—When it comes to commercial real estate, Jumbo Capital is gearing up the firm’s buying platform in a big way, founder Jay O. Hirsh tells the Real Reporter this week. “The timing couldn’t be better to be in the market,” the seasoned investor says in explaining a $7.9 million South Shore
QUINCY, MA—Synergy Investment & Development has brought new meaning to the term Red Lining. Already in control of several assets along the MBTA’s Red Line subway, the Boston-based investor has closed on 200 Newport Ave., an eight-story, 145,000-sf office building fully leased to State Street Bank
LYNN, MA—An 1870’s apartment building that defined transit-oriented development long before the term even existed is now available to investors, one of numerous multifamily listings on the North and South Shores and venues in between being handled by Boston Realty Advisors. The deal dais includes a
WESTWOOD, MA—Stability sells, or so that would seem the message in the pending transfer of 690 Canton St. from Colony Realty Partners to a Texas-based investment consulting firm. Being marketed by CBRE/New England, the three-story, 165,000-sf office building is under agreement to L&B Realty Advisors