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53 Jackson Rd., Devens MA
June 09, 2023
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Middlesex Savings Funds $11M Devens Deal; CBRE Brokers $8.4M Mortgage, Berkeley Buy
June 09, 2023 | Joe Clements
DEVENS — Middlesex Savings Bank delivered the leverage and CBRE arranged that financing package for buyer Berkeley Partners and its California-based backer REALM while the brokerage group also advised seller Dogwood Real Estate on the transfer of ...
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175 Highland Ave., Needham MA
June 08, 2023
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Winhall Gets $8.5M for Legacy Office Asset; Azad Wins 128 CRE Listing, Borrows $5.8M
June 08, 2023 | Joe Clements
NEEDHAM — Winhall Realty Co.’s $8.5-million harvest of a first-class office building through broker 128 CRE ends a half-century of ownership by the Epstein family, prolific developers and investors who acquired its 1.1 acres 15 years prior to the ...
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99 Bedford St., Boston MA
June 07, 2023
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99 Bedford St. Listed for Sale Via CBRE; Owner Credit Suisse May Take Discount
June 07, 2023 | Joe Clements
BOSTON — An historic office building steps from South Station whose capital stack has been rattled by the global financial crisis is being listed for sale at a potential discount to its $50.2 million purchase in autumn 2019 completed just before the ...
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290 Revolution Dr., Somerville MA
June 05, 2023
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Wood Reaps $188M for Urban Rentals; Walker & Dunlop Finances CBRE Deal
June 05, 2023 | Joe Clements
SOMERVILLE — A mid-rise apartment building completed just in time for the pandemic has delivered $188 million to Wood Partners, that national housing developer harvesting the 329 apartments and ground floor retail through CBRE Multifamily to Mesirow Financial, a Chicago entity backed with ...
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37 South Hunt Rd., Amesbury MA
May 31, 2023
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ARC Tech Buys Amesbury Facility for $37.7M; CBRE Advises Founding Family in Exchange
May 31, 2023 | Joe Clements
AMESBURY — Call this a fitting postscript to the “Massachusetts Miracle” success story. Four years after selling their Amesbury composite materials business to Connecticut aerospace conglomerate Hexcel Corp. for a reported $160 million, the founders of homegrown ARC Technologies have just sold ...
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400 John Quincy Adams Rd., Taunton MA
May 30, 2023
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Wheelock Taunton Buy Seen Near $27M; JLL Listing Leased to General Dynamics
May 30, 2023 | Joe Clements
TAUNTON — It appears Wheelock Street Capital is putting its John Hancock on 400 John Quincy Adams Rd. in Myles Standish Industrial Park, with Real Reporter sources indicating Connecticut-based WSC is buying the 300,000-sf home of ...
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4 Technology Dr., Westborough MA
May 25, 2023
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Ferris Development Office Sale Tops $23M; CBRE Brokers Trade to Tenant Eversource
May 25, 2023 | Joe Clements
WESTBOROUGH — Having just leased up a Waltham building amidst the region’s slogging office sector, Ferris Development Group has bucked 2023 malaise again via this week’s harvesting of 4 Technology Dr. in one of the region’s most ...
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121 Technology Dr., Durham NH
May 24, 2023
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RJ Kelly Nabs Raytheon Offshoot; C&W Agent of 121 Tech Dr. Lease
May 24, 2023 | Joe Clements
DURHAM, NH — Owner Brandon D. Kelly affectionately calls the 500,000-sf former printing press plant at 121 Technology Dr. both “a unicorn” and “a whale” which his vertically integrated Bay State real estate firm boldly bought nearly empty in October 2021 whilst the ...
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May 16, 2023
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Berkeley Partners Seen Buying at Devens; CBRE Industrial Exclusive Could Hit $11M
May 16, 2023 | Joe Clements
DEVENS — Control of 53 Jackson Rd., a high-bay manufacturing warehouse leased to defense contractor Northrop Grumman, is changing hands for the first time in nearly two decades, sources tell Real Reporter, buyer Berkeley Partners based 3,000 miles from the 58,000-sf asset and ...
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40 Rockland Ave., Malden MA
May 14, 2023
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Horvath & Tremblay Having Busy Spring After Flurry of Q1 Multifamily Closings
May 14, 2023 | Joe Clements
MALDEN — It may seem the investment real estate world has ground to a halt, and while interest rates and other forces have complicated—i.e. slowed—deal flow, the pace has not entirely ebbed, as evidenced by ...
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6 Rockingham Rd., Londonderry NH
May 12, 2023
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Colliers Listing NH Cold Storage Asset; 124,000-SF Facility Could Bring $37M+
May 12, 2023 | Joe Clements
LONDONDERRY, NH — It is too early for leaf-peeping here and there is under 15 miles of coastline (versus 3,000 miles next door in Vacationland Maine), but the Granite State is getting an attraction that could lure a certain crowd to southern New Hampshire this summer in the structural personage ...
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1432 Main St., Waltham MA
May 11, 2023
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Ferris Deal Boosts Waltham Office Market; 128 CRE, JLL Lease Fills Up 1432 Main St.
May 11, 2023 | Joe Clements
WALTHAM—Buying into Main and Main continues paying dividends for backers of Ferris Development Group, the latest “good news” bringing 1432 Main St. to 100 percent occupancy as a ...
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805 Middlesex Turnpike, Billerica MA
May 04, 2023
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Questions Raised on Asking Rents; Holmes Study Shows ‘Scary’ Times
May 04, 2023 | Joe Clements
BOSTON — It very well may not hurt to ask, but whether that approach will actually help is another question, and while suburban office landlords are bravely holding the line on asking ...
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