MIDDLETON—As exclusive listing agent, Anthony Triglione of the Kane Co. announces the recent sale of Building B, a 17,285-sf, free-standing commercial condominium in the Riverview Industrial Park. The unit was sold to an affiliate of Tool Technology Inc. for $700,000, with the bu
READING—Oaktree Development of Cambridge has selected MANSARD Commercial Properties to market 20,000 sf of ground-level retail space being planned for downtown Reading’s Haven Street business district as part of a four-story, mixed-use project. Located at the site of the former
MEDFORD—TeleCom City is a fading memory, but 200 acres set aside for that ill-fated business park straddling Everett, Malden and Medford will soon accommodate promising life sciences company Progenika in a 9,000-sf deal that seems to validate the tri-town revitalization campaign
HAVERHILL—A two-year-old CVS Pharmacy retail property in the heart of this Merrimack Valley community has new ownership after changing hands this week for $6.47 million, equating to a healthy $541 per sf and capitalization rate of 7.7 percent. The seller is Hecht Development of
WALTHAM—After faring admirably harvesting assets in the final stages of Greater Boston’s last real estate investment boom, it appears local CRE firm Maric Inc. is now angling to take advantage of the sector’s subsequent bust by playing the acquisition side. Sources indicate the N
LINCOLN, RI — Washington Trust’s Commercial Real Estate Group recently provided close to $4 million in separate mortgages for two Rhode Island landlords, including $1.4 million to refinance 1 Commerce St. in Lincoln, a 22,000-sf building occupied by medical office users and a day
METHUEN—CB Richard Ellis/New England has been hired by Marathon Realty as exclusive leasing agent for One Griffin Brook Dr., a 33,000-sf office building serving the northern Massachusetts and southern New Hampshire commercial markets.
BOSTON—Having heretofore lured high-end tenants to the Mandarin Oriental Hotel’s shops using in-house means, owners of the ornate complex have now hired a CBRE/New England specialty group to fill two vacant inside units. Less than 10 percent of the 28,000 sf remains unspoken for,
CAMBRIDGE—The office sector here has been as flat as stale soda for most of 2010, but thanks to a diversified tenant base and limited supply of new product, many observers anticipate a fervent fizz could soon have top landlords bubbling with enough confidence to selectively boost
BOSTON — Showing confidence despite the lingering regional downturn, KS Partners founder Kambiz Shahbazi has bought out two loans valued at more than $43 million on properties he controls here in the Hub and in Dedham, simultaneously shifting title to new partnerships whose backe
BOSTON — Jonathan G. Davis is looking to buy commercial real estate both far and near, or so it would seem from reports that the Hub-based investor who is stepping up a southeastern US platform also has a prominent office property in Boston’s Seaport District under agreement at a
In lauding Maria J. Krokidas upon being named Entrepreneur of the Year by New England Women in Real Estate, clients, colleagues and friends share one lament—the salutation was WAY overdue.
BOSTON—Owner Ruben Companies has recently executed lease transactions for a total of 50,025 sf of first class office space at One Exeter Plaza, a signature office building in the heart of Boston’s Back Bay. The agreements include International Data Group for 15,451 sf; the Consul