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• July 22, 2010
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  Progenika Takes 9,000SF at River’s Edge

  July 22, 2010 | Joe Clements

  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

• July 22, 2010
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  Hecht Harvests Haverhill CVS for $6.4M

  July 22, 2010 | Joe Clements

  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

• July 22, 2010
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  Maric Inc. Reportedly on the Prowl To Buy Prime Waltham Office Asset

  July 22, 2010 | Joe Clements

  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

• July 15, 2010
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  Washington Trust Team Delivers Nearly $4M in Two RI Financings

  July 15, 2010

  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

• July 15, 2010
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  CBRE/NE to List 33,000-SF Methuen Office Asset

  July 15, 2010

  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.

• July 15, 2010
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  Grossman, Matteson Take on Mandarin Retail

  July 15, 2010

  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,

• July 15, 2010
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  Flat Feeling A Positive for Cambridge

  July 15, 2010 | Joe Clements

  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

• July 15, 2010
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  Backed by Baupost, KS Buys $43M in Loans

  July 15, 2010 | Joe Clements

  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

• July 15, 2010
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  For $40M-Plus, Davis Cos. Seen Buying 175,000-SF Boston Asset

  July 15, 2010 | Joe Clements

  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

• July 08, 2010
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  Attorney Maria J. Krokidas, An Entrepreneur of the Years

  July 08, 2010 | Joe Clements

  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.

• July 08, 2010
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  Back Bay Office Landmark Fills 50,000SF

  July 08, 2010

  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

• July 08, 2010
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  Lehman Hires CBRE/NE to Sell 100 Nagog Park

  July 08, 2010 | Joe Clements

  ACTON — At just $20 per sf, 100 Nagog Park is priced to move, and broker Matthew Pullen of CBRE/New England says suitors are responding in kind, scrambling for information on the 195,000-sf office building even as the marketing campaign kicks off during a normally languid period

• July 08, 2010
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  Rising Tide Lifting the Better Boats

  July 08, 2010 | Joe Clements

  WALTHAM—Suburban office buildings still face a prolonged convalescence from the economic malaise that has ravaged landlords nationally, but after spending nearly two years flat on their backs, that constituency is finally moving towards a recovery at the local level, according to

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