BOSTON—Dramatically shaking up Boston’s multifamily sales landscape, superstar brokers Simon Butler and Biria St. John have jumped from Cushman & Wakefield to CB Richard Ellis/New England. The transfer is effective as of this week. “They are a great team and I wish them well,” Cushman & Wakefield
BOSTON—In a move considered a boon for the rapidly evolving Seaport District—but potentially damaging for other Hub office submarkets—State Street Bank Corp. is said to be deep in negotiations on a new build-to-suit structure that would be erected by Commonwealth Ventures, industry sources are
BOSTON—Reflecting a forceful crusade to secure core real estate in proven business districts, the Back Bay’s famous Darth Vader building has traded for $112 million. Cushman & Wakefield negotiated the nine-figure deal as efforts continue to wrap up 2011 for investment sales by that firm’s Capital
NORTHBOROUGH — Energy purveyor National Grid is celebrating the designation of its 800-employee customer service and control center as LEED Gold certified by the US Green Building Council. The designation—which follows National Grid winning the top-rated Platinum ranking for its Waltham headquarters
DEVENS — Metric Corp. President Geoff Caraboolad joined MassDevelopment President and CEO Marty Jones this week to fete the launch of a dozen townhouses being built here on Bates Street, units dubbed by the sponsor as “super energy efficient” and yet also being touted as moderately priced and attrac
SOUTHBOROUGH — A commercial property here at 150 Cordaville Rd. is preparing to welcome an energetic occupant after Inside Playground LLC signed on for 13,050 sf, a commitment aided by some fancy footwork on behalf of the broker, August Brewer of Greater Boston Commercial Properties. The 42,000-sf f
SAUGUS — They have both been on a nauseating rollercoaster ride during the past decade, but retail real estate and securitized debt have united at the Square One Mall through a permanent refinancing of the shopping center from a securitized lender, an affiliate of Deutsche Bank. Holliday Fengolio Fo
BOSTON — When FHO Partners launched its Asset Advisory Group four years ago, the idea was to develop a unit exclusively dedicated to representing landlords. By providing not only leasing services, but assisting owners in repositioning properties to best suit the tenant market, FHO hoped to carve a n
BOSTON — Reflected by its second straight year exceeding a half-billion dollars in deal flow, the Cushman & Wakefield multifamily sales force has enjoyed a banner 2011, but the team led by Simon Butler and Biria St. John is putting an exclamation point on that performance in a late-season surge that
BOSTON — Beating Santa Claus to the punch, UBS Invest-ments delivered a welcomed present to the New England CRE sales community this week, finalizing the global real estate giant’s gargantuan purchase of Exchange Place for a whopping $610 million—or more than $500 per sf to land the 40-story Financi
BOSTON—A new future appears imminent for 493-497 Commonwealth Ave., but just exactly what that might be for the erstwhile J.S. Waterman Funeral Home remains clouded following a New York firm’s acquisition of the three-building property that sits perched on the edge of Kenmore Square. Boston Realty
BOSTON—It has been barely a year since Avison Young fused with Essex River Ventures to establish a Boston outpost, and less than four months since veteran broker John “Jack” Kerrigan Jr. and several Grubb & Ellis colleagues including Steve Cook arrived on the scene, but the Canadian-based real
BOSTON—A REAL REPORTER EXCLUSIVE STORY -UBS Investments is buying Boston’s 53 State St. office tower from Brookfield Properties, therealreporter.com has learned. “It is under agreement,” insists one market expert, with the pricing said to exceed $600 million for the building also known as Exchange