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
BROOKLINE—Patience was a necessity in securing a 23-unit apartment property overlooking Washington Square, but after a grueling 27-month process that included legal intervention, City Real Estate Development Corp. principals say they are glad they pursued the asset, convinced 16
MIDDLEBOROUGH—A 20,000-sf warehouse that has quietly broken ground here at the Campanelli Business Park is of modest countenance when compared to such abutting behemoths as a 750,000-sf distribution center for the Christmas Tree Shops and a 275,000-sf facility constructed on beha
QUINCY—In one of the South Shore’s most prominent investment opportunities of 2009, industry sources claim a landmark first-class office building here is about to be acquired by one of the region’s leading commercial real estate firms, the Campanelli Cos. of Braintree. Pricing on
PLYMOUTH—The owners of a retail center in North Plymouth have gotten a full workout for their property thanks to their newest tenant, Lighthouse Fitness. A 20,000-sf, 10-year commitment by the physical training concern puts 430 Court St. at 100 percent occupancy, reports Michael
TYNGSBOROUGH—At least one local landlord has a reason for gratitude as Thanksgiving approaches now that a key occupant has renewed its lease for nearly 48,000 sf. Film coatings manufacturer Barr Associates has been a tenant of 300 Potash Hill Rd. since 1999 and will remain for an
PORTSMOUTH, NH—Consumers made out big in the final days of Circuit City, and now commercial real estate investors are enjoying the spoils after hundreds of units shuttered across the national retail landscape in the past year begin to change hands. The turnover extends to two of
BOSTON—Colliers Meredith & Grew has made a big score on the South Shore, beefing up its industrial services platform after being named exclusive leasing agent for 1.85 million sf owned by market giant AMB Property Corp. AMB’s Southeastern Massachusetts portfolio consists of 14 fl
FRAMINGHAM—A failed condominium project on the brink of foreclosure has gotten a boost from two veteran investors who are acquiring its loan from Amalgamated Bank, The Real Reporter has learned. Rosewood Co.’s Residences at Dennison Triangle is part of the historic Dennison Manuf
NEEDHAM—Retail real estate is torpid on both the rental and sales fronts, but industry professional Craig A. Barker has managed to complete one of each in separate suburban south market transactions. The principal at Boston Real Estate Advisors was sole broker on a $2.2 million s
WHITMAN—A free-standing CVS infused by a long-term extension from the tenant is the latest net-leased commercial real estate asset to change hands in suburban Boston, as 351 Bedford St. is acquired by a New York-based investor for $3.61 million, or $277 per sf. The sale was handl
BOSTON—The cascade of Newbury Street commercial property sales has ebbed dramatically in 2009, but a few transactions still manage to muddle through, including disposition of The Jewel of Newbury building to local investor Mount Vernon Co. in a foreclosure action.
WESTBOROUGH—For the Baltic Group, it’s the same old song and dance on Greater Boston’s commercial real estate investment stage—and that has principal Irene A. Schmitt singing a happy tune following her firm’s acquisition of a 50,000-sf office building fronting Route 9. The $4.5 m