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• November 25, 2009
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  Parties Avid About 203,000SF Lease

  November 25, 2009 | Joe Clements

  BURLINGTON—Old news proved to be good news for landlord Nordblom Co. in this week’s official confirmation that Avid Technologies is transplanting its global headquarters to the sprawling Northwest Park commercial complex hard by the confluence of Routes 3 and 128. Pegged since la

• November 25, 2009
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  Invesco RE Said to be Chasing AvalonBay at Flanders Hill

  November 25, 2009 | Joe Clements

  WESTBOROUGH, MA—Whether there is a rhyme or reason is unclear, but AvalonBay Communities appears poised to divest another Massachusetts multifamily holding, with sources claiming a sale of Avalon at Flanders Hill to Invesco Real Estate Advisors is underway. One expert says the de

• November 19, 2009
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  With 20,375 SF Leasing Surge by Seven Tenants, Hub’s Berkeley Building Stands Test of Time

  November 19, 2009 | Joe Clements

  BOSTON—At 103 and counting, its legacy as a Back Bay business address is undeniable, and so apparently is the continued allure of A.W. Perry’s Berkeley Building at 420 Boylston St. Having lost Arnold Communications when that firm consolidated operations nearby, the 115,000-sf str

• November 19, 2009
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  Webster Bank Moves in on Boston Territory

  November 19, 2009

  BOSTON—The big fanfare will occur next month with a formal ribbon-cutting celebration on Dec. 9th featuring CEO James C. Smith, but Connecticut-based Webster Bank this week made good on its plans to enter the Hub’s financial services market by opening a branch at 100 Franklin St.

• November 19, 2009
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  Co-Generation Plant, $66M Data Center Show Skanska USA Targeting New-Age Markets

  November 19, 2009

  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

• November 19, 2009
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  City Real Estate Completes $5.1M Buy

  November 19, 2009 | Joe Clements

  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

• November 19, 2009
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  20,000SF BTS Wraps Up Business Park

  November 19, 2009 | Joe Clements

  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

• November 19, 2009
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  Campanelli Seen as Winning Bidder For 117,000SF Crown Colony Asset

  November 19, 2009 | Joe Clements

  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

• November 12, 2009
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  Fitness Plan Lifts Plymouth Retail Asset

  November 12, 2009

  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

• November 12, 2009
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  Stevens Reps Barr in 48,000SF Renewal

  November 12, 2009

  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

• November 12, 2009
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  Dieker, White Broker Circuit City Sales

  November 12, 2009

  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

• November 12, 2009
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  CM&G Named Agent for 1.8 MSF

  November 12, 2009 | Joe Clements

  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

• November 12, 2009
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  Local Investors Team Up, Buy $20M Dennison Triangle Loan

  November 12, 2009 | Joe Clements

  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

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