A Compendium of Property & Capital News
BOSTON—A familiar face in “Townie” CRE circles has won a fast-paced competition to buy South Boston’s landmark dining spot, Amrheins Restaurant, with sources telling Real Reporter the half-acre site at 80 West Broadway is under agreement to City Point Capital, an entity managed by Ryan P. Sillery ex
BOSTON—Investor Dr. Gerald Chan long ago took his real estate platform beyond Cambridge’s Harvard Square where it first got noticed six years ago, and while plans were just unveiled to buy a mixed-use asset on Brattle Street in that famed Cambridge hotspot, his Newton-based operation has separately
BOSTON—It seems there is always a new story or two cropping up at 22 Boston Wharf Road—literally and structurally—and such appears true on the former front given indications Bentall Kennedy is selling the Seaport District garage/office asset to Invesco Real Estate Advisors through Newmark Knight. Pr
CAMBRIDGE—It appears Dr. Gerald Chan is returning to Harvard Square, a venue where the Asian-born business executive made his mark among Greater Boston real estate titans six years ago this week in acquiring a premier mixed-used asset at 39 JFK St. and followed a few months later landing another bui
CAMBRIDGE—New kid on the block Gazit Horizons is making quick inroads into some of metropolitan Boston’s leading shopping clusters, its latest activities a retail condominium on Boston’s Newbury Street in Boston acquired this past week and the “imminent” purchase of a mixed-use asset bearing “an ico
CAMBRIDGE—After months of rumors and media coverage about a high-profile space search, Sanofi Genzyme is “laser-focused” on leasing 800,000 sf of laboratory and office space at Cambridge Crossing, according to industry buzz indicating DivcoWest’s ambitious 45-acre development has the pharmaceutical
BOSTON—An enduring Seaport office building is poised to post an impressive gain through its sale to Brookfield Properties, a deal expected to reap owner TIAA 50 percent more than the $60.2 million 51 Sleeper St. fetched five years ago next week just before the submarket’s emergence as a global-calib
BOSTON—Two legacy retail assets in the thriving Back Bay have yielded over $110 million from their sale to a private investment group based in Florida, sources are indicating to Real Reporter. The holdings at 777 Boylston St. and 159 Cambridge St. were listed through Newmark on behalf of the Sarkis
READING—A hands-on Gotham CRE investor with bi-coastal holdings has found its way here to Route 128 and 55 Walkers Brook Dr. where JOSS Realty Partners is said to be paying upwards of $32 million for the 139,500-sf, fully leased office building being harvested by Nordblom Co. and Rubenstein Partners
BOSTON—The recent 2018 NAIOP Distinguished Real Estate Awards Gala was one for the ages in all respects, with the event at Westin Copley Place honoring Related Beal for their vast real estate achievements, charitable activities and community betterment while presenting NAIOP Massachusetts CEO David
BOSTON—When she received a call one autumn day from BOMA Boston, Cushman & Wakefield Managing Principal Carolyn J. Sidor “almost fell out of my chair” hearing the reason group leader Adrienne Maley was phoning her, the 35-year CRE veteran recounts in a recent interview with Real Reporter.
MANCHESTER, NH—Colliers International’s multifamily team is bringing out a unique mixed-use project here in the venerable Citizens Bank building, the endeavor by Carlisle Capital featuring 91 market-rate apartments as well as 22,000 sf of retail and a 270-vehicle parking garage. By some estimates, 8
BOSTON—Representing a major shift in the region’s investment sales landscape, a half-dozen Capital Markets professionals at Colliers International has joined rival CBRE, sources are telling therealreporter.com. “That is true, yes,” one industry professional agrees when asked of industry buzz surroun
