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
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
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
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
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
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.
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
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
WOBURN—The Woburn Mall is jam-packed this time of year, but clothing and shoes and Panera bread are not the only products changing hands on Commerce Way. A few doors behind the mall complex, 110,000 sf of flex and office space is being purchased by Framingham-based Atlantic Manag
WESTBOROUGH—The luxury apartment complex here harvested last week by AvalonBay Communities fetched $40.8 million, or a healthy $145,000 per unit. According to sources, Avalon at Flanders Hill traded to Invesco Real Estate Advisors at a capitalization rate under 7 percent, again d
ANDOVER—Leasing in excess of 10,000 sf is giving the New England Business Center a late-season boost, with one tenant relocating to the 42-acre campus while an existing occupant extends its agreement by another five years. Owned by New Boston Fund, the 250,000-sf master-planned o
WALTHAM—In the end, it wasn’t even close, as the corporate interior work at Autodesk Inc.’s new headquarters easily was certified LEED Platinum by the US Green Building Council, securing 46 points in the arduous process when only 42 were required. Upon committing to the 1560 Trap
DEDHAM—An ally to citizens with developmental challenges has landed on Allied Drive, as Delta Projects Inc. signs a seven-year lease for 12,800 sf of office space. Owned by Extra Space Storage, the two-story building at 118 Allied Dr is situated just off Route 128 and close to De