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.
BOSTON—Following a quiet 2009, Synergy Investment & Development is getting back on the acquisition trail for commercial real estate, with sources indicating the Hub-based firm is buying 101 Summer St., a well-located but empty office/retail building near South Station. Run by pri
MARLBOROUGH — This struggling MetroWest business Mecca is getting a boost at just the right time thanks to promising Worcester life sciences company Advanced Cell Technology, which is relocating into 10,500 sf of laboratory and office space at 33 Locke Dr. Owned by WRT Management
LONDONDERRY, NH — A single-story industrial building here has changed hands for $1.52 million. Containing more than 37,000 sf, the 40-year-old property at 6 George Ave. is on a 2.7-acre parcel abutting Manchester Boston Regional Airport next door in New Hampshire’s largest city.
CAMBRIDGE — Developer Marc Resnick is wasting little time pursuing his planned renovation of 535-545 Cambridge St. into commercial and residential uses after closing last week on the three-story structure that has been vacant since 2006. Originally listed at $1.3 million, Resnick