MALDEN — Doing what they do, Government Properties Income Trust (GOV) has completed the $40.5 million purchase of 75 Pleasant St., a four-story, 125,000-sf office building 100 percent leased to the Massachusetts Department of Education. The sale was negotiated by Holliday Fenogli
BOSTON — A five-story office/retail building near Massachusetts General Hospital has received $3.5 million in a refinancing arranged by Fantini & Gorga. The 21-year note from an affiliate of Oregon-based Standard Insurance Co. was secured on behalf of 326 Cambridge St., a propert
BURLINGTON—CBRE/New England this week announced it has orchestrated two lease renewals totaling in excess of 17,500 sf at Burlington Centre, a 600,000-sf, master-planned office park located near Route 128. The firm arranged a 9,000-sf renewal at 25 Corporate Dr. for Circor Intern
SUDBURY—Celebrating at both ends of a holiday can be dangerous, but there was plenty of reason for revelry over Memorial Day weekend for the owners of 144 North Rd., a 63,000-sf Cummings Properties office building whose repast was bookended by commitments filling close to 20,000
NORTH READING — A growing Massachusetts company active in the material handling industry is said to be on the verge of a hefty expansion here north of Boston, with sources claiming Kiva Systems Inc. of Woburn is preparing to sign a lease at RiverPark for a mix of industrial and o
BOSTON—Five years after buying a block of prime commercial space at the gateway to Fort Point Channel, a private partnership led by members of the Leventhal family is putting the 175,000-sf package up for sale, parties involved in the process are confirming. The buildings at 253
BOSTON — It was a painful start to 2010, but North Station’s office sector appears on the mend as the summer season approaches. Two leases at 77 North Washington St. and another at 59 Canal St. are among the latest transactions giving market watchers a dose of optimism for recove
LEXINGTON — Pain and exhilaration might be one way to characterize this community’s increasing dalliance with suburban Boston’s nascent life sciences industry, as downsizing at two fledgling Lexington firms contributed to a 300,000-sf plunge in occupancy of regional lab space ove
BOSTON—Hitting their two top goals—reaching the asking price and a seamless close—NAI Hunneman brokers this week quickly completed a 21-unit multifamily sales assignment, wrapping up the $5.2 million trade of 227 Park Dr. just a few months after being retained to market the upsca
QUINCY—Patience might be a virtue, but apparently it has no place in the lease-up strategy for 300 Crown Colony Dr., the five-story, 117,000-sf office building acquired by the Campanelli Cos. for $8.9 million in January. Barely four months after closing on the high-profile proper
BROOKLINE—Who knows whether national health care reform played a role, but a blockbuster office building deal here near Boston’s Longwood Medical Area is providing a booster shot to the ailing commercial real estate sales market. Invesco Real Estate Advisors of Dallas, Texas has
WATERTOWN — Mobile Messenger is going nowhere fast—real estate wise, that is, with the telecommunications firm this week announcing a 20,000-sf renewal at 311 Arsenal St. Owned as an investment property by Harvard University and operated on its behalf by the Beal Cos., the hulkin
FRAMINGHAM—After a frigid winter, the Greater Boston commercial real estate investment climate is enjoying a balmy spring sales season as owners scramble to take advantage of mounting interest for stable assets. In that vein, the pension fund holding a prime MetroWest office buil