CONCORD, NH—A Massachusetts investor has come knocking on the Opportunity Corridor to secure a 5,800-sf retail property, paying $1.6 million for 221 Louden Rd., home of the local T.G.I. Friday’s entry. Trading at a respectable 8.06 percent capitalization rate, the credit tenant a
MILFORD — Jonathan Aron insists there is little reason for nerves in taking on his first listing as a member of the KeyPoint Partners investment sales team, and not just because he is carrying decades of retail experience as broker of South Plaza, a 44,000-sf shopping center bein
BOSTON—In more ways than one, there is light at the end of the tunnel for the Hub’s ever-evolving North Station district. Perhaps no part of Boston is benefiting more from the Central Artery going underground than North Station, having for a half century been cast in eternal sha
WESTBOROUGH — New England Patriots owner Robert Kraft did not succeed in securing a Super Bowl berth for his team this year, but the Bay State businessman is driving towards the goal line on another front—commercial real estate.
BOSTON—Following a quiet 2009, Synergy Investment & Development is getting back on the acquisition trail for commercial real estate, with sources indicating the Hub-based firm is buying 101 Summer St., a well-located but empty office/retail building near South Station. Run by pri
MARLBOROUGH — This struggling MetroWest business Mecca is getting a boost at just the right time thanks to promising Worcester life sciences company Advanced Cell Technology, which is relocating into 10,500 sf of laboratory and office space at 33 Locke Dr. Owned by WRT Management
LONDONDERRY, NH — A single-story industrial building here has changed hands for $1.52 million. Containing more than 37,000 sf, the 40-year-old property at 6 George Ave. is on a 2.7-acre parcel abutting Manchester Boston Regional Airport next door in New Hampshire’s largest city.
CAMBRIDGE — Developer Marc Resnick is wasting little time pursuing his planned renovation of 535-545 Cambridge St. into commercial and residential uses after closing last week on the three-story structure that has been vacant since 2006. Originally listed at $1.3 million, Resnick
MARLBOROUGH—Pruning season has yet to arrive in New England, but Normandy Real Estate Partners is not waiting around when it comes to trimming a few excess edges from the firm’s expansive Marlborough Technology Park. Richards Barry Joyce & Partners has been tabbed to market a pai
MIDDLEBOROUGH—A proposed casino in this southeastern Massachusetts community could seemingly improve the fortunes of real estate owners, but CBRE/New England brokers hired to sell the Talbot Woods Apartments here insist the 121-unit property makes for a safe bet in any scenario t
BOSTON — Real estate veteran Gregory Klemmer was named Broker of the Year and Cushman & Wakefield won for best investment sale of 2009 at the Commercial Brokers Association’s annual achievement awards held Thursday night. Among Greater Boston’s biggest events recognizing CRE prof
BOSTON—The city’s bleak office leasing market has brightened a bit for one downtown building thanks to a lease of nearly 6,000 sf by The Law Offices of Joel H. Schwartz PC at One Washington. Straddling Boston’s Financial District and Government Center, the 16-story, 155,000-sf pr
CHELSEA—The principals of CityRealty Group were eager to get hold of 180 Everett Ave., but having now accomplished that task, the two-story, 5,000-sf commercial property is already on the market for sale, and agent David Brose says the $399,000 asking price demonstrates their des