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• May 27, 2010
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  ‘Condo Quality’ Hub Asset Reaps $5.2M

  May 27, 2010 | Joe Clements

  BOSTON—Hitting their two top goals—reaching the asking price and a seamless close—NAI Hunneman brokers this week quickly completed a 21-unit multifamily sales assignment, wrapping up the $5.2 million trade of 227 Park Dr. just a few months after being retained to market the upsca

• May 27, 2010
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  Campanelli, CMG Stoke Crown Colony

  May 27, 2010 | Joe Clements

  QUINCY—Patience might be a virtue, but apparently it has no place in the lease-up strategy for 300 Crown Colony Dr., the five-story, 117,000-sf office building acquired by the Campanelli Cos. for $8.9 million in January. Barely four months after closing on the high-profile proper

• May 27, 2010
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  For $110M-Plus, Invesco Reported Acquiring 10 Brookline Place West

  May 27, 2010 | Joe Clements

  BROOKLINE—Who knows whether national health care reform played a role, but a blockbuster office building deal here near Boston’s Longwood Medical Area is providing a booster shot to the ailing commercial real estate sales market. Invesco Real Estate Advisors of Dallas, Texas has

• May 20, 2010
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  FHO Negotiates 20,000SF Pact by Mobile Messenger

  May 20, 2010

  WATERTOWN — Mobile Messenger is going nowhere fast—real estate wise, that is, with the telecommunications firm this week announcing a 20,000-sf renewal at 311 Arsenal St. Owned as an investment property by Harvard University and operated on its behalf by the Beal Cos., the hulkin

• May 20, 2010
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  Eastdil Tabbed for 100 Staples Dr. Listing

  May 20, 2010 | Joe Clements

  FRAMINGHAM—After a frigid winter, the Greater Boston commercial real estate investment climate is enjoying a balmy spring sales season as owners scramble to take advantage of mounting interest for stable assets. In that vein, the pension fund holding a prime MetroWest office buil

• May 20, 2010
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  DCU, Synergy Show Up in $5.7M Sale

  May 20, 2010 | Joe Clements

  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

• May 20, 2010
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  Zink in Enterprising Deal for $6.1M

  May 20, 2010

  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

• May 20, 2010
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  Brickman, LoanCore Seen Taking Over $49M TIAA Note on Hub’s 1 Federal St.

  May 20, 2010 | Joe Clements

  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

• May 13, 2010
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  Hobbs’ Edgewater Office Renews Pair for 22,000SF

  May 13, 2010

  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.

• May 13, 2010
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  I-495 Central Market Scores Two Deals

  May 13, 2010 | Joe Clements

  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

• May 13, 2010
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  Brookwood Buy Lights Up Danvers

  May 13, 2010 | Joe Clements

  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

• May 13, 2010
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  Corcoran Enjoys Return in $38M Buy

  May 13, 2010 | Joe Clements

  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

• May 13, 2010
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  For $17M-Plus, Cornerstone Angling To Grab 250,000SF Genzyme Facility

  May 13, 2010 | Joe Clements

  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

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