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• October 06, 2011
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  Recovery of Region’s Office Market Jeopardized by Global Fiscal Crisis

  October 06, 2011 | Joe Clements

  BOSTON—The tale of an office market recovery appears to be a cautionary one. Even Q3 results showing positive net absorption and rent increases for hot districts such as the Back Bay and East Cambridge are being issued amidst trepidations that the global economic malaise is finally infecting Bay

• October 05, 2011
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  Invesco Closes on Hub’s 350 Washington St. in $128M Sale Negotiated by CBRE/NE

  October 05, 2011 | Joe Clements

  BOSTON—A nine-figure bid has landed one of Downtown Crossing’s most prominent commercial buildings, as Invesco Real Estate Advisors has completed its purchase of 350 Washington St. for $128 million. Among one of Boston’s top investment deals of 2011, the transfer from Boston Retail Development LP

• October 01, 2011
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  TA Completes 450,000-SF Buy as RBJ Capital Markets Team Brokers $21M Trade

  October 01, 2011 | Joe Clements

  WESTBOROUGH, MA—Continuing a pursuit of Interstate 495 industrial assets—and finalizing a deal that commenced in mid-August—TA Associates Realty is set to consummate its $21-million-plus purchase of a 450,000-sf portfolio along Route 9 in the Otis Business Park. Via its Realty Associates Fund IX

• September 26, 2011
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  Boston Realty Advisors Hired to Sell ‘Fantastic’ Pair of Newbury Street Assets

  September 26, 2011 | Joe Clements

  BOSTON—Eager teenagers vying for the latest version of torn designer blue jeans could not match the ardor seen among investors for Newbury Street real estate, and now that Jamestown Properties has committed to a supersized portfolio of 23 buildings put up for sale earlier this year, one-off

• September 23, 2011
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  Sources: Jamestown Seen Buying 23 Newbury Street Properties for $180M-Plus

  September 23, 2011 | Joe Clements

  BOSTON—An Atlanta-based investment firm has agreed to buy 23 Back Bay retail properties concentrated on Newbury Street, industry sources are telling The Real Reporter. “Yes,” one insider maintains of Jamestown emerging as winning bidder following a spirited competition that will see pricing

• September 22, 2011
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  Forest Properties Shifts 500-Plus Hub Apartments; Hamilton Co. Takes 135 Units for $22.5M

  September 22, 2011 | Joe Clements

  BOSTON—A portfolio of 516 apartments has been reshuffled via two separate transactions, one of them featuring the Hamilton Cos. buying 135 units in Allston for $22.5 million. In the other arrangement, specifics of which remain sketchy, Forest Properties

• September 21, 2011
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  Suburban Office Market Still in Flux, Colliers Relays at Annual Overview

  September 21, 2011 | Mike Hoban

  NEWTON, MA—No one going to real estate brokerage events with any regularity has the expectation of hearing bad news—even in the worst of times. But the Colliers International suburban office market review Thursday at the Newton Marriot provided a frank assessment of the choppy climate, with speakers

• September 20, 2011
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  A.W. Perry Medical Building Feted as Campanelli Wraps Up Construction

  September 20, 2011 | Joe Clements

  HINGHAM, MA—Communication is said to be the cornerstone of any successful relationship, and that element is being credited as the foundation enabling fast-track construction of the Center for Orthopedics, Spine and Sports Medicine at 2 Pond Park Rd. The three-story, 78,300-sf facility is slated to

• September 19, 2011
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  Former Boston Co. CEO Corey Griffin Named President of the Davis Companies

  September 19, 2011 | Joe Clements

  BOSTON—Jonathan G. Davis has made what could arguably be deemed the hire of a lifetime, snagging former Boston Co. CEO Corey A. Griffin to serve as president of the Davis Cos., already among the most prolific buyers of commercial properties and debt in New England. The Scituate native who led his

• September 15, 2011
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  Piedmont Pays $85.3M to Snag 460,000-SF Raytheon Complex in Woburn; C&W Reps Invesco

  September 15, 2011 | Joe Clements

  WOBURN, MA—A Georgia-based investment firm today acquired two prime suburban corporate properties here off Interstate 93 that are leased to defense giant Raytheon Corp. Pricing for 225 and 235 Presidential Way was $85.3 million in a deal negotiated by Cushman & Wakefield. The purchase by Piedmont

• September 13, 2011
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  Atlantic Management Buys 274,000-SF Boston Globe Facility in Billerica

  September 13, 2011 | Joe Clements

  BILLERICA, MA—Atlantic Management Corp. made a big splash closing out August through its $8.7 million purchase of a 110-acres business park in Marlborough, and the Framingham CRE firm has wasted little time since adding to its ever-evolving portfolio. Atlantic kicked off September by acquiring

• September 13, 2011
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  Kendall Square Still Shining Despite Vertex Move to Boston

  September 13, 2011 | Mike Hoban

  CAMBRIDGE—Kendall Square wrapped up the summer by scoring two big life sciences leases – with Pfizer Corp. and Japanese drug manufacturer Esai’s “startup” H3 Biomedicine—but the big changes to the landscape will come when steel for a slew of scheduled build-to-suits starts going up, according to

• September 12, 2011
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  Gary J. Lemire Passing Hits Industry Hard as Clients and Colleagues Laud CBRE/NE Veteran

  September 12, 2011 | Joe Clements

  ANDOVER, MA—Why the good die young is a painful question that has remained unanswered since the dawn of time. That the good die young was clearly understood again this week following the unexpected passing of Gary J. Lemire.

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