BOSTON—Good thing CB Richard Ellis/New England had their tables well-positioned for the Building Owners and Managers Association’s recent gala at the Boston Park Plaza. There was a steady stream of CBRE/NE victors at BOMA Boston’s Office Building of the Year (TOBY) and Industry A
NATICK—The commercial real estate sales landscape is stuck in a deep freeze, but certain hot spots remain, as evidenced from the harvesting of a small flex/office building here near Route 9 that yielded $180 per sf. Nine Mercer Road’s acquisition by a Waltham technology company r
SPRINGFIELD—As a 24-hour call center, the Innovation Group gives non-stop vitality to 365 Cadwell Dr., and that verve—plus critical income stream—will continue now that the tenant has signed on for another five-year stint at the single-story office building. The renewal encompass
BOSTON—Happy Days appear to be here again for Boston office tenants, but according to an analysis by Richards Barry Joyce & Partners, not every company will share in the joy generated by falling rental rates and pliant landlords. In certain sectors, particularly core markets such
PROVIDENCE, RI—It is broken, and now a team consisting of CB Richard Ellis/New England and auctioneer Paul E. Saperstein is trying to fix a downtown condominium project via a bulk gaveling of the remaining 233 units. Lender Bank of America’s tandem strategy for promoting its Dece
PORTSMOUTH, NH—They won’t be on line in time for Black Friday’s mall mania, but value-oriented retailer Ocean State Job Lot is on track to launch its newest location here next week, broker Lisa Kane relays following her client’s purchase of the former Circuit City Store at 1700 W
METHUEN—A prominent community shopping center lining Interstate 93 has a new owner following its sale for nearly $3 million. MMK LLC of Bridgewater acquired Ranger Plaza from DF Land LLC in a deal negotiated by Thomas R. Blakely of TRB Associates. The 12.5-acre property at 145-15
BOSTON—It is an evening reserved to laud gigantic buildings and leading talent in the region’s commercial real estate community, and BOMA Boston’s 2009 TOBY and Industry Awards did not disappoint on either front. Standout structures and top building professionals were honored as
BURLINGTON—Old news proved to be good news for landlord Nordblom Co. in this week’s official confirmation that Avid Technologies is transplanting its global headquarters to the sprawling Northwest Park commercial complex hard by the confluence of Routes 3 and 128. Pegged since la
WESTBOROUGH, MA—Whether there is a rhyme or reason is unclear, but AvalonBay Communities appears poised to divest another Massachusetts multifamily holding, with sources claiming a sale of Avalon at Flanders Hill to Invesco Real Estate Advisors is underway. One expert says the de
BOSTON—At 103 and counting, its legacy as a Back Bay business address is undeniable, and so apparently is the continued allure of A.W. Perry’s Berkeley Building at 420 Boylston St. Having lost Arnold Communications when that firm consolidated operations nearby, the 115,000-sf str
BOSTON—The big fanfare will occur next month with a formal ribbon-cutting celebration on Dec. 9th featuring CEO James C. Smith, but Connecticut-based Webster Bank this week made good on its plans to enter the Hub’s financial services market by opening a branch at 100 Franklin St.
BOSTON—Keeping one of the world’s largest construction operations busy in a soft market is a constant challenge, but the regional arm of Skanska USA Building is doing its part, securing a pair of substantial assignments in Worcester and Springfield. While “highly technical,” spec