BOSTON — This week’s $5.7 million purchase of 101 Summer St. in the Hub’s Financial District reflects not just the re-emergence of Synergy Investment & Development’s acquisitions platform, but also the continued growth of Marlborough-based lender Digital Federal Credit Union’s CR
BILLERICA — Set against a solid opening quarter for the industrial warehouse sector north of Boston, yet another RREEF Funds owned building has been dispensed following the $6.1 million sale of 1 Enterprise Rd. to Framingham-based investor Joseph L. Zink. Once listed at $9 millio
BOSTON — There is plenty of uncertainty surrounding the future of the Hub’s 1 Federal St., but at least one nagging question appears to be finally answered involving the 38-story office tower’s complicated capital stack. According to sources, a venture between Brickman and LoanCo
WAKEFIELD — Leading commercial real estate services firm FHO Partners has brokered two lease transactions within the Edgewater Office Park, a four-building complex owned by Hobbs Brook Management.
WESTBOROUGH — The Interstate 495 Central office market faces a long road to recovery, but there does appear to be a modicum of movement in the right direction, including one giant leap forward when BJ’s Wholesale Club snapped up 250,000 sf here at 25 Research Dr. to begin 2010 on
DANVERS—They have come from all corners of the United States trying to revitalize 75 Sylvan St. here on Boston’s North Shore, but the most likely savior for the former light bulb manufacturing plant sits just a few miles away at Cherry Hill Office Park in abutting Beverly. As rev
MALDEN—Even the thriving Star Market demolished to make way for Cliffside Commons a decade ago never had such a great return policy as that granted John M. Corcoran and Co. in the firm’s just-completed purchase of the 295-unit apartment community at 500 Broadway. Five years after
NORTHBOROUGH—Enticed by a long-term lease to biotech icon Genzyme Corp. that calls for a $40 million retrofit financed by the tenant, Massachusetts Mutual Life Insurance Co.’s real estate arm is on the verge of acquiring 11 Forbes Rd. from a partnership of ING Clarion and Leggat
BOSTON—Expected changes in lease accounting may have seismic consequences for the balance sheets of public companies: Operating leases will likely be replaced by capital leases, shifting trillions of dollars to balance sheets. With all leases for commercial real estate capitalize
PORTSMOUTH, NH—A medical office building here that has enjoyed healthy occupancy since opening seven years ago welcomed a new-age tenant last week in Human Nature Natural Health (HNNH) as the naturopathic and acupuncture clinic opened in 5,100-sf of ground floor space at 155 Bort
WOBURN — Patience and perseverance appear to have been a winning combination in this week’s disposition of 28 Torrice Dr., as the single-story industrial building and longtime home of Romar Industries fetched $2.7 million—or $55 per sf—despite being offered sans tenant. Plans to
BOSTON — Change can come in handy for bad habits and buses, but when pricing commercial construction, capricious conditions often wreak havoc on assessing the bottom line. Amidst New England’s roiling economic churn, keeping an even keel has been especially challenging, relays Co
FOXBOROUGH — One of Interstate 495 South’s few Class A office options has landed an impressive prospect, as New England Controls commits to 18,000 sf at Two Hampshire St., a three-story, 117,000-sf building owned by local investment group Morris & Morse. The lease puts occupancy