BOSTON—Some Newbury Street investors are down, others are out, and a few more are in the process of leaving, but the iconic shopping boulevard’s recent skid is not deterring its biggest backer—a venture between Taurus Investments and UrbanMeritage now forming a fund to buy anothe
SALISBURY—Anthony Triglione, broker with the Kane Co., has recently leased out the final 5,000 sf at 2 Fanaras Dr. in Salisbury to LC Technology Solutions. This lease completes an ongoing marketing assignment between Triglione and the Kane Company and J&B Salisbury Realty after
LYNNFIELD — One of the North Shore’s more striking office buildings has a new exclusive leasing agent in CBRE/New England, as developer Atlantic Tambone retains the real estate services firm to fill an estimated 30,000 sf available in the four-story, 108,000-sf property that sits
BURLINGTON — And the first round winner is: Route 128 North. Capped by a 10-year, 53,500-sf lease at Equity Office’s New England Executive Park, the CRE submarket enjoyed a robust beginning to 2010, as evidenced by fresh data from industry research firms.
BURLINGTON — As one of the region’s only Korean specialty grocers, H Mart at 3 Old Concord Rd. offers delicacies rarely carried by mainstream stores, but for commercial real estate shoppers, there is an ingredient in the 51,000-sf property’s sale Thursday to a New York investor t
DANVERS—Another investor is reportedly queued up to buy 75 Sylvan St., the challenged three-building commercial property taken back last summer by NewStar Financial. According to industry sources, Brookwood Financial Partners of Beverly has agreed to buy 75 Sylvan St. for a price
ROCKLAND—A CVS store here and identical operation in Hanson have changed hands in a $4.1 million package sale, as the longtime owner trades both 13-year-old properties for $202 per sf. Marcus & Millichap brokers Robert Horvath and Todd Tremblay orchestrated the trade on behalf of
BOSTON—The exterior of 227 Park Drive evokes an image of classic Boston, but brokers at NAI Hunneman Commercial Co. retained to market the five-story apartment property say the real attraction for investors is behind the brick façade. Inside, 20 of the 21 units have been complete
NORTHBOROUGH—Genzyme Corp. is the sort of tenant any landlord could love, or so it would seem given the firm’s $40 million investment into 11 Forbes Rd., a massive industrial building being expanded to 250,000 sf of modern lab, office and warehouse space. With that overhaul now i
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