BOSTON—Even after enduring one of the harshest periods ever for retail real estate, a package of eight New England shopping centers that was pulled off the sales market in late 2008 appears to be none the worse for wear as owners Heitman and a California pension fund again try to
WOBURN—In a six-figure agreement that fills an empty building here and introduces a growing career training school to suburban Boston’s northern tier, the Porter & Chester Institute has leased all of 8 Presidential Way from the Campanelli Cos. and Commonfund Realty. Branded as Pr
NORTH CONWAY, NH — Aided by a renewed taste for retail-oriented real estate shared by investors and lenders, Marcus & Millichap has brokered the sale of a 5,130-sf Applebee’s Restaurant here at the bustling Settlers’ Green shopping outlet. Amounting to a capitalization rate of 9.
BOSTON—A mending economy and brisk leasing in select locations is offering hope that Boston’s brutalized office market has seen the worst of the latest downturn, but mid-year figures show continued erosion thus far in 2010, including an FHO Partners survey putting the availabilit
BOSTON — Only “infrequently” do multifamily investment opportunities come around with the attractions of Navy Yard 33, Cushman & Wakefield CRE veteran Simon J. Butler says of the 47-unit rental property that his firm’s Apartment Brokerage Group has been tabbed to pitch among inve
BRAINTREE — A 485,000-sf warehouse here plus industrial buildings in Canton and Stoughton comprise a portfolio of nearly 1.3 million sf being put up for sale by AMB Property Corp. The Boston office of Eastdil Secured’s Capital Markets Group has been hired to peddle the package, a
ARLINGTON—Officials from Bierbrier Development Inc. joined community representatives, local business leaders and tenants last Friday to celebrate the grand opening of a 9,000-sf addition to the developer’s existing Arlington Village Shops at 1398 Massachusetts Ave.
RAYMOND, NH — The Kane Co. is pleased to announce that the property located at 13 Center St. has been sold for $1.65 million. This 52,000-sf industrial facility was formerly occupied by a plastics manufacturer. Buyer Fisher Auto Parts will now be using the building as a central w
BOSTON — Cornerstone Realty Consultants has arranged a $3.6 million mortgage on behalf of its client, QK Realty Trust, allowing for the refinance of existing debt encumbering 94 Queensbury St. and 91 Kilmarnock St. in Boston’s Fenway district. The loan was secured from Digital Fe
WORCESTER — Colliers Meredith & Grew had all hands on deck helping Unum Group negotiate a landmark 200,000-sf lease just finalized at the ambitious $563 million CitySquare mixed-use complex in central Worcester, and now CMG’s Capital Markets team is gearing up to trade the employ
WESTWOOD — It appears trophy office and retail properties are not the only CRE investments prized these days, as witnessed by the spirited competition for a non-descript flex building here off Route 128 that culminated this week in its $12.3 million purchase by Fairlane Propertie
ARLINGTON — In an opportunity expected to grab the attention of deal-starved multifamily investors able to spend upwards of $50 million, a scattered portfolio of 316 urban infill apartments is being put up for sale, brokers selected to market the package have confirmed to The Rea
HINGHAM—Anyone deigning to witness firsthand the importance of healthcare for commercial real estate can take Route 3 to Exit 15 where work is underway on Two Pond Park Medical Center, a 21st-century building pre-leased to South Shore Hospital and South Shore Orthopedics for 52,0