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• December 17, 2009
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  Brigham Circle Making Rounds; NBF Pricing Goal Close to $90M

  December 17, 2009 | Joe Clements

  BOSTON—At an asking price rumored near $90 million, a prominent mixed-use property abutting the city’s Longwood Medical Area is being put on the block for sale, industry sources are telling The Real Reporter. The New Boston Fund has retained Cushman & Wakefield’s Capital Markets

• December 10, 2009
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  Pleasant Activity for Legacy in Attleboro

  December 10, 2009

  ATTLEBORO—Legacy Real Estate Ventures is getting a little more leaseback in the Waltham investment firm’s sale/leaseback of 607 Pleasant St. now that chief tenant Harbor One Credit Union has expanded its occupancy to 5,200 sf. Legacy purchased 607 Pleasant St. in January 2008 fro

• December 10, 2009
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  KS Inks Five-Year, 28,000SF Renewal

  December 10, 2009

  WESTBOROUGH—Technology company RCN Metro will be staying put here at 2200 West Park Dr. well into the next decade after signing a five-year lease extension with landlord KS Partners LLC. The deal encompasses 28,175 sf in the four-story office building located near the junction of

• December 10, 2009
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  With New Brand and Base of Industry Experts, Carr Workplaces Aims to Stay Preferred

  December 10, 2009 | Joe Clements

  BOSTON—In more ways than one, newly monikered Carr Workplaces is “returning to its roots,” according to CEO Joe Wallace, and that includes taking another crack at the Greater Boston business center market. Having acquired 13 Synergy Workplaces offices this past summer, among them

• December 10, 2009
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  Abbey Group Tabs JLL as Lafayette Agent

  December 10, 2009

  BOSTON—Just in time for the holiday shopping season, Jones Lang LaSalle has been retained to find takers for 150,000 sf of office space at the Lafayette Corporate Center, a six-story mixed-use building in Boston’s Downtown Crossing retail district. A one-time mall dashed by poor

• December 10, 2009
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  CRE Plea to 2009: Just Go Away

  December 10, 2009 | Joe Clements

  BOSTON—There is one thing denizens of New England’s commercial real estate world can celebrate this holiday season—the clock is about to strike midnight on 2009. “I’m more optimistic about 10 versus nine,” Colliers Meredith & Grew President Kevin C. Phelan tells The Real Reporter

• December 10, 2009
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  South Industrial Shows Late Strength

  December 10, 2009 | Joe Clements

  CANTON—On life support for much of 2009, suburban Boston’s South industrial market is showing faint signs of resuscitation in the late stages thanks to an up tick of activity led by deals here and in Hingham. The Canton lease is a six-figure agreement at 135 Will Dr. signed by DP

• December 10, 2009
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  C&W Waiting on Flanders Hill As Pair of Deals Close for $21M

  December 10, 2009 | Joe Clements

  WEYMOUTH—The lone bright spot for commercial property sales continues to shine in the final weeks of 2009, as two more multifamily communities have changed hands, each in excess of $10 million, while market watchers eagerly await the transfer of a 280-unit luxury apartment comple

• December 03, 2009
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  Lemire, Moylan, Pullen Broker $6.5M Sale

  December 03, 2009 | Joe Clements

  FRANKLIN—A 153,000-sf warehouse on 11.5 acres here in suburban Boston’s Interstate 495 South industrial submarket has a new landlord already familiar with the 22-year-old building. Auto parts wholesaler KSI Group, which owns lone tenant Astro Automotive, paid the RREEF Funds $6.5

• December 03, 2009
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  CBRE/NE: 12 BOMA Wins ‘Overwhelming’

  December 03, 2009

  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

• December 03, 2009
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  $180 Per SF Wins Natick Commercial Asset

  December 03, 2009 | Joe Clements

  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

• December 03, 2009
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  24/7 Call Center Keeps 365 Operations

  December 03, 2009

  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

• December 03, 2009
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  RBJ: Core Tenants Face ‘Sticker Shock’

  December 03, 2009 | Joe Clements

  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

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