DERRY, NH—A 187,000-sf grocery anchored plaza here in suburban Manchester is under new ownership, with Real Estate Capital Partners USA Property Trust selling the Derry Meadows Shopping Centre for $21.0 million to Katz Properties. Brokered by Cushman & Wakefield, the asset traded at an
WESTBOROUGH, MA—One of suburban Boston’s real estate bright spots is poised for a change in ownership, according to industry sources claiming a partnership between Charles River Realty Investors and National Development has agreed to buy National Grid’s former headquarters at 25 Research Dr. Pricing
TAUNTON, MA—Developer Paul Maggiore has the enviable position of fretting that his Liberty & Union Business Center is running out of room—and also in being prepared to do something about it.In our business, if you don’t have inventory ready, you are out of luck,” Maggiore tells The Real Reporter
WOBURN, MA—School was not out forever at 10 Forbes Rd.—not even close. With the lights having only recently dimmed following ITT Technical Institute’s departure to Wilmington, the single-story, 20,000-sf building owned by Northland Investment
MIDDLETON, MA—A prime North Shore office building whose value withered during the recession could soon be springing back to life, with industry sources reporting this week that the Davis Cos. has beaten out several suitors angling to acquire the eight-story, 225,000-sf property from reluctant
WESTWOOD, MA—Fresh off the disposition of a Milford office building, Boston-based Colony Realty Partners is offering more of its Massachusetts portfolio for sale, including a first-class office property here along Route 128 and a 165,000-sf industrial facility at 275 Wildwood Ave. in Woburn. Colony
QUINCY, MA—An upscale 141-unit apartment property overlooking Marina Bay has been purchased for $36.1 million by Cornerstone Real Estate Advisers. The Reserve at Marina Bay was harvested by a private partnership that paid $34 million to
BOSTON—Some 120 years after becoming a fixture on New England’s commercial real estate landscape, the Meredith & Grew name is being dropped from the firm’s moniker, Colliers Meredith & Grew officials announced Wednesday during the firm's annual market forecast. The
NORTHBOROUGH, MA—One of the sleekest industrial properties in New England has been acquired by local investment advisor TA Associates Realty for $18.3 million. The 260,000-sf building was harvested by Invesco Real Estate, which
CANTON, MA—A five-building, 192,000-sf portfolio developed by the late James M. Salah has been acquired for $11.1 million by another influential South Shore real estate group, the Campanelli Cos. Salah, who passed away in 2009, played a key
CAMBRIDGE, MA—Tenants planning a flight to quality here might as well cancel the trip. According to research by Richards Barry Joyce & Partners, available space in the city’s most desirable office towers has virtually disappeared during the past 12 months.
FALMOUTH, MA—A boutique-sized CRE opportunity here in the heart of Cape Cod is beckoning investors eager for New England retail, as KeyPoint Partners has been retained to market Teaticket Plaza with an asking price of $1.45 million.
MILFORD, MA—After paying $5.7 million for a 90,000-sf office building here to wrap up a busy 2010 on the investment sales front, Brookwood Financial Partners is right back at it in the new year, with principal Thomas W. Brown confirming rumors that a Chelmsford building is the Beverly based firm’s