WOBURN—Call it the Core Tour. Set against an early October rain storm and equally intemperate commercial real estate environment, NAIOP Massachusetts this week conducted its annual office market field trip, as a diverse caravan in four buses made their way from the glitzy Trade
WILMINGTON—Getting commercial real estate deals across the finish line has been a major challenge in 2009, but industry observers say the chances look good that a Maine-based investment group will wrap up its purchase of a rectangular flex/industrial building here along Interstat
ROCKLAND — One of suburban Boston’s newest business addresses has reached 100 percent occupancy following a 4,000-sf lease at 300 Ledgewood Pl. to the Bulfinch Group, a general agency of the Guardian Life Insurance Co. Built by Braintree-based F.P. Giglio Enterprises, the three-s
PLYMOUTH—Industrial real estate is usually more about function than form, but a 110,000-sf building just acquired here by abutter CDF Corp. offers both elements, concurs Cushman & Wakefield Senior Director J.P. Plunkett, who joined colleague Ned Havern representing seller Party L
In troubled times, kindred spirits are surely welcomed, and for local commercial real estate owners, a growing stripe of colleagues are peddling management services as a way for all involved to weather the chaotic market downturn.
BOSTON—Much like New England’s cranky weather, mixed messages seemed to be the order of the summer for the third quarter office market, and a few bright spots in the Jones Lang LaSalle Greater Boston survey released this week were overshadowed by the sector’s overall struggles an
WAKEFIELD—Barely two months after hitting the sales block, a pair of Class A office properties here along Route 128 has a pending buyer in the owner of two neighboring buildings. Totaling 335,000 sf, 301 and 401 Edgewater Office Park are being traded to FM Global by the James Cam
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