ANDOVER—A portfolio of seven suburban Boston office buildings victimized by the dour economy have been taken back by their lender, The Real Reporter has learned. The action by UBS Investments follows nearly two months of quiet negotiations between that entity and the portfolio’s
CANTON—A Connecticut company with a Green Mountain State moniker is boosting the Route 128 commercial real estate market in the form of a lease agreement for nearly 25,000 sf at 95 Shawmut Rd. Negotiated by Parsons Commercial Group of Framingham and CBRE/New England, the commitme
BARNSTABLE—Going for a sail is a popular summer pastime for many visitors to Cape Cod, but brokers at CBRE/NE are finding some are interested in going for a buy as well. The firm’s Private Client Group is reporting brisk business for a quartet of commercial properties available i
BOSTON—Given its on-call, 24-hour nature, quiet is usually a welcomed condition in the property management world, but not when it comes to drumming up new business.
NEWTON—Call it the accidental accolade. Retained by Leggat Mccall Properties to do a complete tenant fit out of the real estate development firm’s Boston headquarters on a super-accelerated schedule, Commodore Builders officials say they were caught off guard when the ambitious 1
ANDOVER—There is something old, something Nu, and a little bit of everything in between represented in the latest leasing spurt at Brickstone Square, the imposing, three-building business park along Interstate 495 near the key junction of Route 125. In addition to Old Republic Ti
BOSTON—Broker Douglas Jacoby terms them “serial exchangers,” and most experts who handle that predilection acknowledge it is easy for real estate investors to get hooked on the 1031 Exchange idea. “The first time people do one, it’s a mystery, but after that, they reach a certain
BOSTON—In one of the larger interior fit out assignments this year, Cannon Design has been tabbed by Children’s Hospital to provide design and planning services for two additional floors being leased at the Center for Life Science Boston in the city’s Longwood Medical Area. Child
SOUTHINGTON, CT—For much of the decade, retail ruled supreme among commercial investment sales sectors, but while ravaged in the recessionary economy, there are signs a few loyal subjects remain eager to return to that kingdom. One measure of that desire could be found in the tra
BROOKLINE—Discounting appears to be the name of the game for getting commercial real estate sales unhinged, but it appears there will be no such compromise in the case of Dexter Park, the 405-unit luxury apartment property being offered for sale here by owner UBS. According to in
NEWTON—The $17.1 million sale of Two Newton Place comes with a bittersweet flavor for commercial real estate in general and the two parties involved, CrossHarbor Capital Partners and new owner HRPT Properties Trust, whose headquarters sits across from the three-story, 109,000-sf
CHELMSFORD—The commercial real estate flex market has been in flux of late, but there is a measure of consistency from the interest of one prospective buyer who is actively seeking opportunities in suburban Boston. The RAM Companies of Scarborough, ME, is said to have two substan
BOSTON—It might border on blasphemy to term them heaven-sent, but the Asset Advisory Group at FHO Partners certainly proved a good match when the First Church of Christ, Scientist needed guidance to fill 200,000 sf of office space at the institution’s Back Bay campus. During the