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• July 29, 2010
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  17,000SF Lease Renewal/Expansion Boosts HBM’s 401 Edgewater Place

  July 29, 2010

  WAKEFIELD — Further solidifying the tenant roster in two Class A office buildings acquired last autumn for $37.5 million, Hobbs Brook Management has signed a 17,000-sf lease renewal and expansion at 401 Edgewater Pl. Franklin Street Properties is relocating inside the 255,000-sf

• July 29, 2010
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  $6.3M CSB Loan Backs Linear Retail Lineup

  July 29, 2010 | Joe Clements

  BURLINGTON — Thanking Heaven might seem a tad blasphemous, but whether the catalyst was corporate or cosmic, Linear Retail Properties is hailing 7-Eleven’s 2009 purchase of White Hen Pantry in New England as a Godsend for 10 assets favorably impacted by the high-profile deal. The

• July 29, 2010
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  Equity Seen Buying Back NH Asset

  July 29, 2010 | Joe Clements

  SALEM, NH — After being pursued by several leading investors, the abandoned Cisco Systems flex/industrial complex off Interstate 93 is reportedly being sold back to its former owner for a fraction of the $45 million spent to purchase the 110-acre complex a decade earlier. Equity

• July 29, 2010
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  NY Firm Taking Talbot Woods for $10M

  July 29, 2010 | Joe Clements

  MIDDLEBOROUGH — A 121-unit apartment community here in southeastern Massachusetts is about to change hands, with sources indicating that Talbot Woods is being sold by AIMCO to a New York-based owner/operator that made its initial foray into the Massachusetts multifamily arena las

• July 29, 2010
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  C&W Turns Focus on Connecticut, Tabbed to Trade 1M-SF Warehouse

  July 29, 2010 | Joe Clements

  WINDSOR LOCKS, CT—Already a dominant player in northern New England, Cushman & Wakefield’s Capital Markets Group is stepping up its investment sales pace in Connecticut, as evidenced by one $55 million deal that closed last week and a new listing taken on by the Middle Markets te

• July 22, 2010
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  Triglione, Everest Broker Sale Of 17,285-SF Industrial Condo

  July 22, 2010

  MIDDLETON—As exclusive listing agent, Anthony Triglione of the Kane Co. announces the recent sale of Building B, a 17,285-sf, free-standing commercial condominium in the Riverview Industrial Park. The unit was sold to an affiliate of Tool Technology Inc. for $700,000, with the bu

• July 22, 2010
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  Agent Named to Lease 20,000 SF of Reading Retail

  July 22, 2010

  READING—Oaktree Development of Cambridge has selected MANSARD Commercial Properties to market 20,000 sf of ground-level retail space being planned for downtown Reading’s Haven Street business district as part of a four-story, mixed-use project. Located at the site of the former

• 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,

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