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• January 14, 2010
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  Cambridge Lab Market Surges Onward

  January 14, 2010 | Joe Clements

  CAMBRIDGE—The tempest sweeping across vast tracts of New England’s commercial real estate landscape has seemingly spared this city’s 7.7-million-sf laboratory enclave, and observers say a late-season surge should poise for even better results as 2010 progresses, boosted by constr

• January 14, 2010
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  Linde’s Legacy Lauded as Deep Cambridge Impact is Weighed

  January 14, 2010 | Joe Clements

  CAMBRIDGE—Edward H. Linde may be gone, but in more ways than one, he certainly will not be forgotten. Evident in the ceaseless eulogies from industry colleagues and others offering tribute upon his passing last weekend, the Boston Properties CEO’s imprimatur as a prolific develo

• January 07, 2010
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  After Brutal 2009, Office Market Awaits Shift From Recession to Recovery

  January 07, 2010 | Joe Clements

  BOSTON—The ‘R’ word has spelled lots of trouble for Greater Boston’s office market of late, as evidenced by year-end results from Jones Lang LaSalle showing three million sf of negative net absorption in 2009 and an availability rate exceeding 20 percent. Asking rents in Boston h

• January 07, 2010
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  Crown Colony Buy Win for Campanelli

  January 07, 2010 | Joe Clements

  QUINCY—Sometimes it pays to let the market come to you, and such an approach might prove a wise choice for the Campanelli Cos., which did exactly that in more ways than one this week in closing on 300 Crown Colony Dr., the ornate five-story office building purchased from Invesco

• January 07, 2010
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  HFF, Ocean Bank Complete $17M in Refis

  January 07, 2010

  BOSTON — The credit community managed to push two retail re-financings over the finish line to close out 2009, one involving the Massachusetts State Transportation Building in Park Square and the other a specialty shopping center in Wilton, CT. Totaling more than $17 million, the

• January 07, 2010
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  Exchange Play Spurs NH, MA Buys

  January 07, 2010 | Joe Clements

  BEDFORD, NH—Their geography and situation are incongruous, but a flex/office property here and one in Boston now share the same owner, a New Hampshire investor who acquired each in separate transactions as part of a tax-deferred exchange exercise. Affiliates formed by Brian Thibe

• January 07, 2010
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  Eastdil, Parsons Handle $12.5M Sale

  January 07, 2010 | Joe Clements

  ATTLEBORO — Striking midnight on 2009 with a bang, AMB Industrial Corp. has traded 505 Collins St. for $12.5 million, as the 203,000-sf office/distribution facility is taken over by a local investor. The hefty price tag of $61.50 per sf was supported by a 12-year lease on the pre

• January 07, 2010
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  Industrial Market Pause Eased By 215,000SF PetEdge Lease

  January 07, 2010 | Joe Clements

  BILLERICA — Industrial real estate saw plenty of dog days in 2009, but a local firm serving the pet care sector provided a last-minute boost to the Interstate 495/Route 3 North submarket by leasing 215,000 sf at 90 Salem Rd. PetEdge will transfer operations in Winchester and Wobu

• December 23, 2009
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  CenterPoint Engineers 27,400SF Expansion

  December 23, 2009

  WALTHAM—A revitalized commercial property that has been an economic engine here for decades is getting a boost thanks to the 27,400-sf expansion of its chief tenant, engineering firm Simpson Gumpertz & Heger. Located on Seyon Street, the former Raytheon Co. research facility now

• December 23, 2009
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  Calare Renews Tenant for 45,000SF

  December 23, 2009

  ASHLAND—One of the MetroWest’s most visible commercial properties is keeping a key tenant in tow following a lease renewal by Amcor Flexibles at the Ashland Business Center. A healthcare packaging leader and affiliate of parent company Amcor, a multi-national conglomerate, the fi

• December 23, 2009
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  Fantini & Gorga has Borrowers’ Back

  December 23, 2009 | Joe Clements

  BOSTON—Fantini & Gorga’s new platform to assist troubled commercial real estate certainly bears an optimistic ring, but company officials insist their Value Preservation Strategy goes far beyond a catchy slogan.

• December 23, 2009
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  Burlington Gets Nokia for 135,000SF

  December 23, 2009 | Joe Clements

  BURLINGTON—After a difficult stretch throughout suburban Boston, this community on Route 128 is closing out the year on an upbeat note in the form of a 135,000-sf lease renewal by Nokia Networks at 5 Wayside Rd. Owned by Texas-based investor Behringer Harvard, the four-story offi

• December 23, 2009
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  Bid for Bedford Renovation Ends in Tremont Takeover

  December 23, 2009 | Joe Clements

  BEDFORD—New England’s anemic economy has claimed another victim, as the lender for 201 Burlington Rd. has taken back the two-building, 130,000-sf office property. Tremont Realty Capital’s action comes despite a solid location and well-regarded sponsorship, with market watchers ex

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