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Eight Centennial Dr., Peabody MA
April 14, 2023
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Tishman Sets Sights on Analogic Site; CBRE Deal Follows Amazon Retreat
April 14, 2023 | Joe Clements
PEABODY — A $500 million logistics venture between Tishman Speyer and Japanese partner Mitsui Fudosan aims to build 700,000 sf of high-end industrial here along Route 128, an endeavor Real Reporter sources say would replace Amazon’s failed warehouse proposed two years ago at the ...
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Stop & Shop, Swampscott MA
April 14, 2023
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Atlantic Capital Partners Adds Talent; Quartet of Hires to Broaden Platform
April 14, 2023 | Joe Clements
BOSTON — Things are sailing along smoothly at Atlantic Capital Partners and its CRE sales group which closed one of New England’s largest Q1 retail portfolio deals at a total consideration of $70 million after trading Seekonk Plaza in the waning moments of 2022 for $19.3 million, and now ...
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222-232 Newbury St., Boston MA
April 07, 2023
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Talanian Newbury Street CRE for Sale; Boston Realty Wins Legacy Exclusive
April 07, 2023 | Joe Clements
BOSTON — It is a shot at Back Bay retail about to be heard around the world. “A lot of eyes will want to take a look at this opportunity,” relays Boston Realty Advisors Director Kevin Benzinger, joined by BRA partner Whitney E. Gallivan and ...
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111 Speen St., Framingham MA (RENDERING)
April 05, 2023
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Speeding on Speen Street the Ticket as Prized Office Address Filling Fast
April 05, 2023 | Joe Clements
FRAMINGHAM — Spring is in bloom at 111 Speen St., this city’s prominent office gem which withered during the pandemic but is flourishing barely one year after North Colony Asset Management and Paradigm Properties snagged the 117,000-sf building for a mere $13 million backed by ...
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Chelmsford Mills, 55 Middlesex St., Chelmsford MA
March 31, 2023
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Talks on for Chelmsford Mills Trade to Boston Andes, Manzo Freeman JV
March 31, 2023 | Joe Clements
CHELMSFORD — Stewards of the landmark Chelmsford Mills are nearing a sale of their 19th-century industrial complex to Boston Andes Capital and JV partner Manzo Freeman Development, according to CRE sources. Direct talks with owner Chelmsford Holdings Inc. have reportedly yielded ...
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March 25, 2023
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Real Legal: Silicon Valley Bank Closure Impact on Lease Security
March 25, 2023 | Paul Bauer and George Tetler III
BOSTON — The impact of the California Department of Financial Protection and Innovation taking possession of Silicon Valley Bank (SVB) and appointing the Federal Deposit Insurance Corporation as receiver for SVB is receiving ...
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March 24, 2023
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C&W Issues Industrial Labor Report; MA, CT, NH Faring Well in Northeast
March 24, 2023 | Joe Clements
BOSTON — Industrial CRE has gotten the cold shoulder from investors of late, but a just-released Cushman & Wakefield report shows the Northeast including New England remains fundamentally solid with record demand of 68.8-million sf in 2021 and 285 million sf compiled from ...
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56 New Driftway, Scituate MA
March 17, 2023
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56 New Driftway Back to the Future as Key Tenant Makes 15-Year Choice
March 17, 2023 | Joe Clements
SCITUATE — After 17 years in a third-floor penthouse suite at 56 New Driftway, physicians group Healthcare South has departed to a custom-built, state-of-the-art venue double the size heretofore occupied at the 25,000-sf Scituate MOB whose owner ...
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1600 Division Rd., West Warwick RI
March 15, 2023
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Value Players Line Up for RI Industrial CRE; Shifting Tide Puts Pricing Range Near $40M
March 15, 2023 | Joe Clements
WEST WARWICK — Colliers’ autumnal launch of 1600 Division Rd. generated buzz the 550,000-sf warehouse could bring upwards of $90 per sf for longtime owner Brookwood Financial Partners, but as tours of the imposing structure commence, estimates have shifted in favor of ...
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Webster Plaza, Webster, NY
March 10, 2023
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Horvath & Tremblay Goes Gotham; Firm Opens 10th Office, 1st in NYC
March 10, 2023 | Joe Clements
LYNNFIELD — Multi-tiered CRE sales firm Horvath & Tremblay has reached a milestone via the opening of its 10th office, the nascent unit in New York City’s Midtown District around the corner from Wall Street. According to ...
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700 Congress St., Quincy MA
March 07, 2023
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Grander Wins Day on $6.2M Sale/Leaseback; Newmark Lists Quincy MOB for Shields MRI
March 07, 2023 | Joe Clements
QUINCY — It is just what the doctor ordered for Greater Boston’s anemic investment sales sector, a $6.25-million medical office building exchange between Shields MRI and Grander Capital Partners after a healthy competition orchestrated by Newmark and backed by ...
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Forest Ridge Business Center, 85 Rangeway R., Billerica MA
March 03, 2023
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Forest Ridge Boosts Route 3 North; R.W. Holmes Brokers Trio of Leases
March 03, 2023 | Joe Clements
BILLERICA — Landlord K&L Realty Co. has had an impressive run here at the Forest Ridge Business Park with a series of office leases that many property peers would covet especially considering Route 3 North’s recent struggles such as 178,000 sf of negative net absorption in the final frame of ...
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220 O’Connell Way, Taunton MA
March 01, 2023
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Westbrook to Sell Claremont 330,000 SF; CBRE Industrial Listing Could Hit $47M
March 01, 2023 | Joe Clements
TAUNTON — Despite owning its South Coast industrial cluster for under two years, Westbrook Partners scrambled to move the five warehouses last winter when historic interest rate hikes augured a drop of values even for premier CRE such as the 1.1-million-sf portfolio stretching from ...
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