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• January 31, 2011
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  Davis Cos. Outbids Pack Chasing Ferncroft; Pricing in $15M Range

  January 31, 2011 | Joe Clements

  MIDDLETON, MA—A prime North Shore office building whose value withered during the recession could soon be springing back to life, with industry sources reporting this week that the Davis Cos. has beaten out several suitors angling to acquire the eight-story, 225,000-sf property from reluctant

• January 31, 2011
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  Colony Realty’s MA Portfolio in Flux as Firm Seen Looking to Buy and Sell

  January 31, 2011 | Joe Clements

  WESTWOOD, MA—Fresh off the disposition of a Milford office building, Boston-based Colony Realty Partners is offering more of its Massachusetts portfolio for sale, including a first-class office property here along Route 128 and a 165,000-sf industrial facility at 275 Wildwood Ave. in Woburn. Colony

• January 31, 2011
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  Cornerstone Secures 141 Marina Bay Apartments for $36.1Million in Deal Negotiated by C&W

  January 31, 2011 | Joe Clements

  QUINCY, MA—An upscale 141-unit apartment property overlooking Marina Bay has been purchased for $36.1 million by Cornerstone Real Estate Advisers. The Reserve at Marina Bay was harvested by a private partnership that paid $34 million to

• January 26, 2011
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  Colliers Meredith & Grew Changes Name to Colliers International

  January 26, 2011

  BOSTON—Some 120 years after becoming a fixture on New England’s commercial real estate landscape, the Meredith & Grew name is being dropped from the firm’s moniker, Colliers Meredith & Grew officials announced Wednesday during the firm's annual market forecast. The

• January 25, 2011
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  For $18.3M, Invesco Trades 260,000-SF Northborough Asset to TA Associates; RBJ Brokers

  January 25, 2011 | Joe Clements

  NORTHBOROUGH, MA—One of the sleekest industrial properties in New England has been acquired by local investment advisor TA Associates Realty for $18.3 million. The 260,000-sf building was harvested by Invesco Real Estate, which

• January 24, 2011
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  Campanelli, TriGate at it Again; J/V Pays $11.1M for 192,000-SF Portfolio, Brokered by Grubb

  January 24, 2011 | Joe Clements

  CANTON, MA—A five-building, 192,000-sf portfolio developed by the late James M. Salah has been acquired for $11.1 million by another influential South Shore real estate group, the Campanelli Cos. Salah, who passed away in 2009, played a key

• January 24, 2011
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  Office Users Not Lonely at the Top as Vacancies Shrink for Prime Product

  January 24, 2011 | Joe Clements

  CAMBRIDGE, MA—Tenants planning a flight to quality here might as well cancel the trip. According to research by Richards Barry Joyce & Partners, available space in the city’s most desirable office towers has virtually disappeared during the past 12 months.

• January 24, 2011
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  KeyPoint Partners Tabbed To Peddle Teaticket Plaza

  January 24, 2011 | Joe Clements

  FALMOUTH, MA—A boutique-sized CRE opportunity here in the heart of Cape Cod is beckoning investors eager for New England retail, as KeyPoint Partners has been retained to market Teaticket Plaza with an asking price of $1.45 million.

• January 19, 2011
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  Brookwood Buying Jag Spills into 2011 as Chelmsford Property Becomes Latest Focus

  January 19, 2011 | Joe Clements

  MILFORD, MA—After paying $5.7 million for a 90,000-sf office building here to wrap up a busy 2010 on the investment sales front, Brookwood Financial Partners is right back at it in the new year, with principal Thomas W. Brown confirming rumors that a Chelmsford building is the Beverly based firm’s

• January 18, 2011
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  Shahbazi Comes Roaring Back; Has New Partner, Upbeat View

  January 18, 2011 | Joe Clements

  BOSTON—Declaring real estate investor/operator Kambiz Shahbazi eager for a new decade is quite the understatement, rivaled only by any observation that he has plenty of reasons to be so poised. After his New England portfolio was hit hard by the corrosive real estate crash

• January 18, 2011
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  Alvarado, Cahill Broker 60,000SF Deal as 300 Apollo Dr. Hits 100 Percent Occupancy

  January 18, 2011 | Joe Clements

  CHELMSFORD, MA—Dating to 1985, 300 Apollo Dr. could be the newest old building in Interstate 495 North’s office market. There are certainly few as well-received, with a 60,000-sf lease to Axis Communications capping off a gut rehab of the 290,000-sf structure that has brought occupancy to 100

• January 13, 2011
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  Mount Vernon Co. Tops $10M in Buys of Boston and Cambridge Assets; Deals Financed by First Republic

  January 13, 2011 | Joe Clements

  BOSTON—Accountability was in full force trading 21 prime rental units on Beacon Hill, as Boston Realty Advisors pledged its client a full-court press to close the deal by year’s end, then followed through by securing the Mount Vernon Co., a local veteran investment group led by Bruce A. Percelay.

• January 13, 2011
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  Cornerstone Arranges $8.72 Million in Four Loans

  January 13, 2011

  MALDEN, MA — Two apartment buildings here are among a quartet of multifamily properties receiving year-end mortgage funding arranged by Cornerstone Realty Consultants of Stoneham. The total consideration of $8.72 million in four separate loans was secured on behalf of Trident Management, an exper

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