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• March 01, 2011
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  HarborSouth Reported on Market; Bidding Projected in $30M Sphere for 205,000-SF Quincy Office Bldg.

  March 01, 2011 | Joe Clements

  QUINCY, MA—A prominent South Shore office building that last year landed a key state agency is being put up for sale, with sources telling The Real Reporter that Griffith Properties has retained Cushman & Wakefield’s Capital Markets Group to peddle the 10-story, 205,000-sf building at 100 Hancock St

• March 01, 2011
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  Wainwright Portfolio a Hot Item as Winning Bidder on Verge of Selection

  March 01, 2011 | Joe Clements

  BOSTON—The vision thing might be needed a bit more than normal, but CRE watchers say a lack of available product is helping spark interest for a three-building package that is close to landing a winning bidder. The 65,000 sf of retail and office space in the Franklin Street Portfolio being marketed

• February 28, 2011
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  Auction Day at Beach Street;  540-Space Garage on Daniel P. McLaughlin Auctioneer Slate

  February 28, 2011 | Joe Clements

  BOSTON—An imposing 540-space parking garage in Chinatown is being auctioned off this week in an event prompted by Charles River Realty Investors. CRRI took over a $17.1 million loan on 40 Beach St. in late 2010 and is now foreclosing on the 161,000-sf structure whose 4,000 sf of retail enhances

• February 21, 2011
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  Pfizer Cambridge Asset on Market; Sources Tab C&W as Listing Agent for 620 Memorial Dr.

  February 21, 2011 | Joe Clements

  CAMBRIDGE, MA—A reshuffling of Pfizer Corp.’s research operations is coming home to roost here, The Real Reporter has learned, with officials for the pharmaceutical giant confirming plans to divest a major property at 620 Memorial Dr. The firm is also said to be considering trading at least one othe

• February 21, 2011
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  TA Associates Realty Pays $24.5M for CT Shopping Center Anchored by Stop & Shop

  February 21, 2011 | Joe Clements

  GLASTONBURY, CT—Serving up a one-two punch of New England retail deals, Cushman & Wakefield’s Capital Markets Group negotiated the purchase here of Somerset Court this week by TA Associates Realty, a Boston-based firm that paid $24.5 million for the 16-year-old, grocery anchored center.

• February 21, 2011
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  I-495 West Market Stumbling Along, But Some See Recovery on Horizon

  February 21, 2011 | Joe Clements

  MARLBOROUGH, MA—As a 12-step program of sorts, 2010 did some good helping a staggering Interstate 495 West office sector steady itself, but given the depths of despair reached during the recent recession, industry watchers caution that the road to recovery remains a daunting one for the erstwhile

• February 21, 2011
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  Taurus Takes $14 Million as Firm Harvests RMV HQ to Government Properties Income Trust

  February 21, 2011 | Joe Clements

  QUINCY, MA —Completing a $14.0 million transaction, the Massachusetts Registry of Motor Vehicles headquarters building here has traded to a Newton REIT targeting assets leased to state and federal agencies. Seller Taurus Investments had owned 25 Newport Ave. since paying $12.1 million in Nov. 2001,

• February 17, 2011
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  Eastdil Team Leaps Into New Year With $28M NH Multifamily Trade

  February 17, 2011 | Joe Clements

  BEDFORD, NH—Patience really does pay off sometimes, or so it would seem in the case of Eastdil Secured’s Capital Markets Group. Coming off a brisk 2010 that featured a number of high-profile completions, the Boston team has recorded a trio of CRE closings since

• February 17, 2011
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  Residential Land Sites Gain Interest; CBRE/NE Marketing 104-Unit Lakeville Parcel

  February 17, 2011 | Joe Clements

  LAKEVILLE, MA—Land might get second billing in this southeastern Massachusetts community, but a prime 5.7-acre parcel will generate plenty of action from residential developers, brokers at CBRE/New England predicted this week in confirming the firm’s selection as agent for the “shovel ready” project

• February 16, 2011
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  Bakey’s Sale Being Held in Boston as KGI Properties Hires C&W to Broker CBD Asset

  February 16, 2011 | Joe Clements

  BOSTON—A tiny but prominent sliver of real estate in the city’s Financial District is on the sales block, as KGI Properties Inc. has retained Cushman & Wakefield to market 45 Broad St. Best known to locals as the longtime home of Bakey’s Restaurant in its first-floor retail space, the four-story,

• February 14, 2011
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  For $21M, Katz Properties Acquires 187,000-SF NH Retail Plaza in Deal Brokered by C&W

  February 14, 2011 | Joe Clements

  DERRY, NH—A 187,000-sf grocery anchored plaza here in suburban Manchester is under new ownership, with Real Estate Capital Partners USA Property Trust selling the Derry Meadows Shopping Centre for $21.0 million to Katz Properties. Brokered by Cushman & Wakefield, the asset traded at an

• February 07, 2011
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  Partnership Seen Paying $22M-Plus For 320,000-SF National Grid Asset in Westborough

  February 07, 2011 | Joe Clements

  WESTBOROUGH, MA—One of suburban Boston’s real estate bright spots is poised for a change in ownership, according to industry sources claiming a partnership between Charles River Realty Investors and National Development has agreed to buy National Grid’s former headquarters at 25 Research Dr. Pricing

• February 07, 2011
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  Maggiore Going Spec on 137,000-SF Taunton Flex Project as Existing Space Fills

  February 07, 2011 | Joe Clements

  TAUNTON, MA—Developer Paul Maggiore has the enviable position of fretting that his Liberty & Union Business Center is running out of room—and also in being prepared to do something about it.In our business, if you don’t have inventory ready, you are out of luck,” Maggiore tells The Real Reporter

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