BOSTON—There will be a ceremony later to fete the transaction and pending upgrades, but the $3.75 million purchase of a 60,000-sf building here in the Newmarket industrial district is already being chalked up as a victory by deal participants such as brokers Mark Stevens and Stev
WALTHAM—Apparently, a change of ownership at 281 Winter St. sits fine with EDCO, which has renewed a lease for close to 8,700 sf in the three-story, 67,000-sf office building. The collaborative of 21 Greater Boston school districts initially signed on in February 2006, prior to t
PROVIDENCE, RI — Proving a willingness to go the extra mile in search of investment opportunities, Massachusetts-based Legacy Real Estate Ventures has crossed borders into the Ocean State to buy 111 Plain St., a 12,800-sf medical office building adjacent to the Rhode Island Women
BOSTON — In cycles favoring tenants, better office buildings tend to outperform the competition, but research by Richards Barry Joyce & Partners indicates the opposite is true of late. Underscored by negative net absorption of 545,000 sf in the third quarter alone, RBJ’s data rev
FOXBOROUGH, MA — A single-story flex building here in the Cabot Business Park has changed hands for $11.1 million, as an affiliate of Framingham-based Park Square Realty Corp. acquires 25 Forbes Blvd. The seller is a partnership between AMB Property Corp. and National Development
QUINCY — Make it $150 million — and growing. In quietly negotiating the $27.2 million trade of a 171-unit apartment community here on Boston’s South Shore, the multifamily team at Cushman & Wakefield has now surpassed the $150 million sales mark for 2009, and a flourish of activ
BOSTON—It looks like the temporary office model is here to stay. Once dismissed as a choice of last resort, shared office suites are being viewed as a favorable option to compete in the evolving, new-age economy. Locally, the reaction is seen in continued expansion by industry
NATICK—Bearing an ownership handle like “For CPA’s LLC,” one would hope for positive numbers in the divestment of 3 Tech Circle, a single-story flex/office building acquired by the group in March 1999 for $830,000. The figures on paper do appear encouraging, as the 8,725-sf struc
BOSTON—Architectural firm Cannon Design and Boston University have announced the opening of a 26-story residence tower off Commonwealth Avenue that will accommodate close to 1,000 students in an ongoing effort to house BU undergraduates on campus. The 396,000-sf structure is the
WORCESTER — To broker Paul Donahue’s trained eye, Wexford Village is not your garden-variety garden-style apartment community. “It’s fair to say this is the premier garden-style apartment property in Worcester,” the multi-family sales expert opines this week of the 38-acre, 264-u
CONCORD—Kenneth W. Hecht is out looking for trouble. Launching a commercial real estate investment campaign fresh on the heels of selling a Rhode Island retail plaza for $9.7 million—more than $460 per sf—Hecht Development is pursuing underperforming properties that can benefit
BURLINGTON—With time running out on its headquarters lease in Tewksbury, Avid Technologies is said to have turned the corner in pursuit of a possible replacement home—in fact, sources maintain the company has moved down from Interstate 93 to Route 128 and is eyeing Network Drive
PROVIDENCE, RI—The Northeast office of Anshen + Allen architects is celebrating this month’s opening of its latest healthcare related project, a 140,000-sf addition to the Women & Infants Hospital. The state-of-the-art expansion is highlighted by an 80-bed neonatal intensive care