BOSTON—Expected changes in lease accounting may have seismic consequences for the balance sheets of public companies: Operating leases will likely be replaced by capital leases, shifting trillions of dollars to balance sheets. With all leases for commercial real estate capitalize
PORTSMOUTH, NH—A medical office building here that has enjoyed healthy occupancy since opening seven years ago welcomed a new-age tenant last week in Human Nature Natural Health (HNNH) as the naturopathic and acupuncture clinic opened in 5,100-sf of ground floor space at 155 Bort
WOBURN — Patience and perseverance appear to have been a winning combination in this week’s disposition of 28 Torrice Dr., as the single-story industrial building and longtime home of Romar Industries fetched $2.7 million—or $55 per sf—despite being offered sans tenant. Plans to
BOSTON — Change can come in handy for bad habits and buses, but when pricing commercial construction, capricious conditions often wreak havoc on assessing the bottom line. Amidst New England’s roiling economic churn, keeping an even keel has been especially challenging, relays Co
FOXBOROUGH — One of Interstate 495 South’s few Class A office options has landed an impressive prospect, as New England Controls commits to 18,000 sf at Two Hampshire St., a three-story, 117,000-sf building owned by local investment group Morris & Morse. The lease puts occupancy
MIDDLETON—It looks like the end of the road for Behringer Harvard’s enduring tenure here as owner of the Ferncroft Corporate Center here on Boston’s North Shore. According to industry sources, the Texas-based investment firm is handing the keys to the eight-story, 225,000-sf offi
WINCHESTER — Thanks to Butler’s improbable run to the NCAA title tilt this year, the little guy is getting a lot of well-deserved accolades right now, but long before March Madness even commenced, Greater Boston’s CRE community was reminded how the tiny can triumph even on its la
BOSTON—Suffolk Education, a Suffolk Construction team that specializes in the education sector, has been awarded the Massachusetts College of Art and Design residence hall project slated to be built on Huntington Avenue, company officials announce this week. The $61 million, 21-s
WOBURN—The north country has enjoyed a brisk beginning to 2010 on the office leasing front, and that trend has continued in the form of two deals that fill the available space at 275 Mishawum Rd., the headquarters of its owner, Northern Bank & Trust. Both seven-year commitments,
WALTHAM — They are hardly a dime a dozen, but investment opportunities below $10 million are beginning to add up, according to market watchers, while a review of first quarter sales in that sphere shows more than 100 CRE trades recorded from $1 million to $10 million across Massa
CAMBRIDGE — It sounds like a typical Saturday morning jaunt — stop at the Post Office, quick trip to the retail store and over to pick up the refurbished wicker chair at the fix-it shop. In this instance, however, the triumvirate reflects sales of the underlying real estate for t
WALTHAM — Two major ownership shifts that could rock the core suburban office market are confronting landlords here a third of the way into 2010, with Eastdil Secured hired to sell the landmark Bay Colony Corporate Center on behalf of Prudential, which is taking control from shor
NORTH CONWAY, NH—A popular outlet mall, tax-free shopping and tourists flocking to the White Mountains have made this Granite State resort community a retail hot spot, and CRE investors are apparently taking notice as evidenced by the pending purchase of a 5,125-sf Applebee’s Res