WOBURN—Nearly everything about TradeCenter 128 is big, from its three-story arched gateway, grand lobbies and a five-level garage to the 600,000-sf park’s frontage along namesake highway Route 128. Ironically, however, landlord Cummings Properties has leaned on the smaller set to
BOSTON—They use the same currency, but on the matter of certain tax strategies, the exchange rate between East and West Coast real estate investors remains vastly divergent. Despite greater education and clearer rules from the IRS, so-called 1031 Exchanges lag locally when compar
BOSTON—Despite being rebuffed a year ago, the owners of a two-acre parcel in the Hub’s Brighton district are making another bid to develop a Lowe’s Home Improvement store on the Guest Street site, project proponents have confirmed to The Real Reporter. Having already met with cit
BOSTON—Two investors united in one of the biggest commercial real estate deals in New England this year are super-sizing their business partnership through a fund that will focus on apartments and retail locally and in the Florida and Los Angeles markets. The vehicle could secure
WESTWOOD—Providing a spark to the sluggish Route 128 commercial real estate market, Acumentrics Corp. has extended its headquarters lease at 20 Southwest Park, officials for the fuel cell manufacturer have announced. The 34,000-sf pact with Southwest Park owner Maric Inc. was neg
ATTLEBORO—Another clear example of ardor for New England multifamily properties can be found in the recent sale of Crystal Village by an affiliate of Chicago-based Equity Residential. Brokered by Apartment Realty Advisors, the 91-unit apartment community at 3 Commonwealth Ave. wa
BOSTON—Even with plenty of fresh capital in its pocket to spend on commercial real estate, the Marcus Capital Partners Fund I is proceeding ahead frugally and cautiously, namesake Paul R. Marcus stressed this week in announcing the closing of the $210 million vehicle that will be
BOSTON—Thanks to a flurry of recent activity in the multi-family arena—including a major deal involving 500 Boston apartments divested by BlackRock Realty—Cushman & Wakefield’s Apartment Brokerage Group has exceeded $100 million in volume at the mid-year point of 2009, and indica
NEWTON—One of the state’s most established suburban hotels—the Boston Marriott Newton—has changed hands for $29 million. Abutting Route 128 in the city’s Auburndale section, the 440-room operation that features a restaurant and extensive function space has been purchased by The P
BOSTON—Fighting off a difficult economy that has kept the professional services sector depressed, one downtown office property has scored a legal leasing victory by landing Nelson, Kinder, Mosseau & Saturley for 10 years. The New England-based law firm is taking space on the 10th
WALTHAM—Apparently, demand is a difficult thing to order in suburban Boston’s office market these days. Although developers managed to keep speculative buildings from flooding the region in the latest cycle, observers say the grueling national recession will make it harder to plu
WILMINGTON—World Travel is coming to this North suburban community thanks to a 21,000-sf headquarters lease inked at the Fordham Road Office Park, landlord KS Partners has announced. World Travel Holdings’ long-term deal at Building C brings occupancy of the business park to 100
BOSTON—Industry professionals vying for The Office Building of the Year (TOBY) accolades can get a leg up next week thanks to two seminars by BOMA Boston. Featuring panelists from past winning teams, the July 21st and 23rd events will outline requirements, tips for easy entry, pl