The dog days of summer and its perennial leasing drought are just around the corner, but Boston Realty Advisors is showing no sign of slowing down as the mid-year mark approaches. A flurry of signings in the city and on the suburban scene has resulted in close to 45,000 sf of commitments
LEXINGTON, MA—It is hardly a revolutionary move, but the Hamilton Co. has added to its expanding multifamily portfolio by acquiring the Battlegreen Apartments, a six-building, 48-unit complex purchased from Boston Residential Group for $10.0 million. The 4.1-acre property at 32-42 Worthen Rd.
BURLINGTON, MA—The end—or in some ways, a beginning—is near for suburban Boston’s 4 Van de Graaff Dr., the glitzy 93,000-sf office building saddled by a $25.1 million loan held by Capmark Finance. According to industry sources, Cushman & Wakefield has been hired to market the loan in advance of a
MALDEN, MA—A four-story, garden-style multifamily building near Wellington Circle has been harvested by the Hamilton Co. for $8.75 million. In a deal negotiated by NAI Hunneman, the 66-unit property at 130 Avon St. was acquired on Thursday by a local real estate operator who was backed by $6.29
MEDFORD, MA—Providing a major infusion to the capital stack, a trio of Massachusetts-based lenders has combined to deliver $137 million in financing for Station Landing, National Development’s multi-faceted commercial project on the shores of the Mystic River. The majority of the monies comes from
WALTHAM, MA—The times they are a’ changin.’ And although commercial real estate was certainly the last thing on 1960’s icon (now septuagenarian) Bob Dylan’s mind when he penned that legendary song, it could easily have been the theme for this week’s NAIOP Massachusetts program held Wednesday
NORWELL, MA—When it comes to commercial real estate, Jumbo Capital is gearing up the firm’s buying platform in a big way, founder Jay O. Hirsh tells the Real Reporter this week. “The timing couldn’t be better to be in the market,” the seasoned investor says in explaining a $7.9 million South Shore
QUINCY, MA—Synergy Investment & Development has brought new meaning to the term Red Lining. Already in control of several assets along the MBTA’s Red Line subway, the Boston-based investor has closed on 200 Newport Ave., an eight-story, 145,000-sf office building fully leased to State Street Bank
LYNN, MA—An 1870’s apartment building that defined transit-oriented development long before the term even existed is now available to investors, one of numerous multifamily listings on the North and South Shores and venues in between being handled by Boston Realty Advisors. The deal dais includes a
WESTWOOD, MA—Stability sells, or so that would seem the message in the pending transfer of 690 Canton St. from Colony Realty Partners to a Texas-based investment consulting firm. Being marketed by CBRE/New England, the three-story, 165,000-sf office building is under agreement to L&B Realty Advisors
BURLINGTON, MA—Few phenomena can darken a landlord’s day quicker than the corporate takeover of a prized tenant, but things have turned out swimmingly here at 1 Van de Graaff Dr. after occupant Adheris was acquired by rival inVentiv Health. Representing one of the larger Route 128 deals of 2011,
BOSTON—Eight grocery anchored shopping centers strewn from Maine to Rhode Island—five in Massachusetts—have been secured for $86.5 million in one of the largest such transactions since the retail world went bust in 2008. Backed by a $20.8 million mortgage from
BOSTON—Angling for an upcoming move to nearby Atlantic Wharf, the Boston Society of Architects is putting the organization’s longtime home at 52 Broad St. on the sales block, retaining Cushman & Wakefield’s Middle Markets Group to offer the six-story, 12,000-sf structure to investors and users. The