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• 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

• December 03, 2009
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  CBRE/NE, Saperstein Tabbed for 233-Unit Sale at Broken RI Condo

  December 03, 2009 | Joe Clements

  PROVIDENCE, RI—It is broken, and now a team consisting of CB Richard Ellis/New England and auctioneer Paul E. Saperstein is trying to fix a downtown condominium project via a bulk gaveling of the remaining 233 units. Lender Bank of America’s tandem strategy for promoting its Dece

• November 25, 2009
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  NH Ocean State Job Lot Opens Next Week

  November 25, 2009 | Joe Clements

  PORTSMOUTH, NH—They won’t be on line in time for Black Friday’s mall mania, but value-oriented retailer Ocean State Job Lot is on track to launch its newest location here next week, broker Lisa Kane relays following her client’s purchase of the former Circuit City Store at 1700 W

• November 25, 2009
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  MA Retail Buyer Ropes in Ranger Plaza

  November 25, 2009

  METHUEN—A prominent community shopping center lining Interstate 93 has a new owner following its sale for nearly $3 million. MMK LLC of Bridgewater acquired Ranger Plaza from DF Land LLC in a deal negotiated by Thomas R. Blakely of TRB Associates. The 12.5-acre property at 145-15

• November 25, 2009
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  BOMA Boston Gala Fetes Industry

  November 25, 2009 | Joe Clements

  BOSTON—It is an evening reserved to laud gigantic buildings and leading talent in the region’s commercial real estate community, and BOMA Boston’s 2009 TOBY and Industry Awards did not disappoint on either front. Standout structures and top building professionals were honored as

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