ACTON—One of Greater Boston’s most established CRE investment houses is joining up with fledgling operation Winrock Partners to take down a substantial property here in the suburban west office market, as officials at National Development of Newton acknowledge their plans to acqu
BILLERICA—When it comes to suburban Boston’s northern tier, the RREEF Funds keep going and going and going, After selling several assets in 2009 and early 2010, the international CRE powerhouse last week moved 225 Wildwood Ave. in Woburn for $3.65 million, and reportedly is dives
MILFORD—Kicking the spring investment season off on a high note, Colony Realty Partners has agreed to buy a 400,000-sf office/industrial complex here along Interstate 495 from iStar Financial, according to sources, reportedly at a price said to exceed $26 million. The pending sal
BOSTON—New England’s medical device industry is as hot as any, while commercial real estate is enduring an historic slump, but despite switching careers from the former to the latter, Jones Lang LaSalle Associate Brendan Cohn has little reason to second-guess his decision. Cohn’s
BOSTON—Pricing talk is not cheap when it comes to One Bowdoin Sq., the 11-story, 133,000-sf office building in Government Center that Cushman & Wakefield announced this week it is bringing to market on behalf of Brickman Properties. A target of $47 million—approaching $350 per sf
BOSTON — Although shadow office space and a paper-thin recovery still generate caution, sublease supply has peaked far below the three million sf that dogged landlords after the technology crash of 2001, according to a CBRE/New England review issued this week. Boston’s ratio to t
ACTON — It appears there will be a sale of Nagog Park after all—in fact, a winning bidder could be in tow by week’s end, according to investment sales brokers handling the negotiations on behalf of KBS Realty Advisors. The nine-building complex has nearly 400,000 sf in a campus s
LITTLETON — At a price tag in the $94 million range, Georgia-based Wells Real Estate Funds is on tap as the new owner of 550 King St., the sprawling modern office complex now home to business icon IBM Corp. Acquired empty by National Development and Angelo Gordon in April 2006 fo
NORTH QUINCY—In a major pact that all but fills the HarborSouth office building at 100 Hancock St., a state agency is leasing upwards of 100,000 sf in the prominent 204,000-sf structure acquired in 2007 by Griffith Properties and recast as multi-tenanted space. The Office of Hea
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.