WILMINGTON—Commercial real estate sales selections have been thin to date, so a new listing here north of Boston is expected to get plenty of looks from property hungry investors, especially given the measure of cash flow also coveted at present. Having just last week completed i
WAKEFIELD—Whether they wind up the same unfortunate place is unclear, but the lender who took over Boston’s Bayside Expo Center last autumn through foreclosure has started on a similar path with a multi-building property here on the shores of Lake Quannapowitt. LNR Massachusetts
CAMBRIDGE—Eight Carleton St. might be showing its age these days—quite a bit, in fact—but the nondescript, three-story brick structure has caught the fancy of the Massachusetts Institute of Technology just in time for Valentine’s Day. Situated in the heart of the school’s eternal
SOUTHBOROUGH — One of the MetroWest’s best-located business addresses is luring a prized tenant from neighboring Marlborough. Two Park Central Dr. will welcome Brighton House Associates next month following a 17,500-sf pact at the three-story, 50,000-sf office building developed
KINGSTON — Home runs being down globally, singles and the occasional double have become welcomed paths to victory on the commercial real estate sales circuit, and for one local tandem, that approach plated dozens of scores last year. Feasting on net-leased retail properties acros
ANDOVER—Down time is never good in the communication business or for commercial real estate, and that ominous prospect has made the signing of a major lease deal here at 15 Shattuck Rd. even sweeter for the landlord, Winthrop Realty Trust. With long-time tenant Verizon Communicat
CANTON—A high-profile assignment to resuscitate foreclosed real estate in suburban Boston has landed at the door of NAI Hunneman after the firm was retained as leasing agent and property manager of the defunct Tweeter Corp. headquarters complex. Following an auction in January, t
EAST PROVIDENCE, RI — Makeovers are all the rage these days, and a recent re-tooling of the Wampanoag Plaza is one reason Cushman & Wakefield brokers expect a good reception for the 225,000-sf grocery anchored retail center now being offered up for sale by the firm’s Capital Mark
EAST BOSTON — To say the air freight market is taking off along McClellan Highway would be correct, but not in an uplifting sense. Termed by one observer to be “on its back,” air freight demand has eroded markedly during the past decade, concurs Richard B. McKinnon of the Grossm
CHELMSFORD—On commercial real estate’s industrial warehouse front, Interstate 495 North has been the biggest loser regionally of late, dropping more than 300,000 sf of net absorption during the past 12 months, according to 2009 figures released this week by Richards Barry Joyce &
BOSTON—New England’s down real estate market has become a war of retention in trying to keep one’s property viable, and along those lines, 99 Chauncy St. is literally holding its own, having signed three tenant renewals accounting for nearly 13,000 sf of commitments. The Class B
WORCESTER—Shopping for retail property debt is not the carefree exercise of yore, yet the mission can be accomplished when the right product is involved, as evidenced by UniBank’s refinancing of Perkins Farm Marketplace, a fully leased center on the Route 122 corridor that featur
AVON—Continuing its flourish of commercial real estate acquisitions, Atlantic Property Management has closed on the purchase of a 211,000-sf industrial building foreclosed on last year in the midst of the regional real estate crash. Framingham-based APM paid $4.5 million to Apex