Given the dizzying collapse of global financial markets during the past year, many done in by newfangled concepts such as hedge funds and credit swaps, it is perhaps no surprise that a wary eye is being cast upon the emerging Tenant-in-Common model of commercial real estate owner
BOSTON—Few Hub neighborhoods are undergoing change as rapidly as that occurring in Newmarket Square, and commercial real estate investors eager to grab a foothold here have an opportunity in a 35,000-sf asset being offered for sale by Rockland Trust Co. The banking institution ha
A microrental strategy can help landlords reduce risk and vacancy loss. Rather than relying on a few anchors or long-term leases, microrentals emphasize smaller spaces targeting a greater number of businesses, or renting for shorter intervals. Several trends are making this a via
BROOKLINE—To say there has been turmoil at the venerable Longwood Towers residential complex in the past five years would be putting it mildly, with its staid, tranquil mien turned upside down by a nightmarish renovation, tenant revolt and conversion to condos just as the real es
BELLINGHAM—As any Big Box retailer knows, some products move quicker than others, but even the hottest gadgetry would have a hard time matching the lightning-fast sale of a Best Buy distribution center here at 140 Depot St. on Boston’s South Shore. Only recently completed by Nati
DANVERS—In the end, the third time proved not to be a charm for 75 Sylvan St., as efforts to revitalize the former Osram Sylvania lighting facility are ending abruptly for a Maine-based investor. In an action first unveiled at therealreporter.com, NewStar Financial Inc. is forecl
BOSTON—A.W. Perry Inc. is battling the summer doldrums by landing a pair of formidable tenants at two of its downtown commercial properties. Following up on a 10-year pact at 93 Franklin St. with temporary employment icon Manpower, insurance broker Tanenbaum-Harber Co. has commit
SOUTH BOSTON—An evolving business district here is witnessing a changing-of-the-guard at another prominent commercial property, as the Ralph Pill Electrical warehouse at 307 Dorchester Ave. has been sold to an affiliate of F.W. Webb. Known best for its New England plumbing suppli
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