MANSFIELD—A stylish flex/office building owned by Alexandria Real Estate Equities will welcome Kraft Foods later this quarter following a lease signing for nearly 17,000 sf. The consumer goods giant will relocate operations from another property in the Cabot Business Park to Alex
NATICK—This has hardly been a banner start to 2010 for suburban landlords, but signs of life are aplenty in the East Natick Industrial Park where a series of leases have been inked or are deep in negotiations.
BOSTON—On paper, the first quarter looks pretty ugly for the region’s industrial warehouse sector, but even those compiling the research say things are not as bad as they appear, with faint indications that the lingering downturn may be nearing an end.
PROVIDENCE, RI — Barely four months removed from being acquired by a partnership featuring Boston’s Winn Development Co., a block of 233 condominium units at the 903 Residences is again being put on the market, according to industry sources who say CBRE/New England’s multifamily
WALTHAM—Boston-based CRE brokerage and advisory firm McCall & Almy has announced the completion of a six-figure lease renewal and expansion assignment for e-mail marketing giant Constant Contact at Reservoir Place. The pact features renewal of 85,580 sf and an increase by more th
TAUNTON — A world of workouts might conjure up disquieting thoughts for some CRE owners, but not universally. Indeed, Woburn-based Maggiore Cos. is celebrating the arrival of fitness emporium Workout World to its Liberty and Union Business Center here in the Interstate 495 South
WALTHAM — It is the sort of big-league save Jonathan Papelbon could appreciate. On the verge of losing longtime tenant Verizon to a cross-town rival, the owners of Reservoir Woods East instead feted a 10-year, 200,000-sf lease extension and expansion with a groundbreaking ceremon
WESTWOOD — Yet another New Boston Fund building is about to be pared off from the portfolio, with indications that the Hub-based real estate investor is preparing to sell 80 Wilson Way to another local operator, Fairlane Properties Inc. NBF has owned the single-story, 116,000-sf
BURLINGTON — Tenants these days often don’t know whether they are coming or going, but for Northwest Park denizen LaMaitre Vascular, the outcome is a bit of both thanks to a 55,000-sf commitment with current landlord Nordblom Co. that ends a space search for a new US headquarters
FRANKLIN—BJ’s Wholesale Club is all about buying big, and a 1031 Exchange investor has lived up to that spirit by paying $13.6 million for a 108,500-sf BJ’s here at 100 Corporate Dr. Closing earlier this week, the sale on behalf of National Development was orchestrated by Hollida
WELLESLEY — The namesake Charles River is teeming from record rainfall that inundated the region last month, but River Place is just as fluid on the leasing front thanks to a steady stream of business at the 31,000-sf office building owned by J.F. White Properties. The latest dea
BOSTON—After being mired in this lingering Great Recession, we are all eager to move on and embrace another “R” word. But it’s hard to talk about a recovery if the patient—commercial real estate—is still bleeding. While it’s “good news” that the Boston market may be declining a
BILLERICA—All of a sudden, 90 Salem Rd. has become its own stimulus package for the Route 3 North industrial corridor. Coming off a market-leading lease by PetEdge to close last year, the massive 612,000-sf facility owned by ING Clarion Partners is about to lure another six-figur