BOSTON—Architectural firm ADD Inc.’s bid to liven up its 311 Summer St. headquarters has taken another step forward with the selection of a broker to lease retail space in the mixed-use structure located in the Hub’s Fort Point Channel district. Boston Realty Advisors has been ta
Unity is always a good thing in turbulent times, and for the most part, that is what local attendees report from last week’s Counselors of Real Estate mid-year meetings in New York City. But while the four-day program drew rave reviews, there were divergent outlooks over a leadin
SPRINGFIELD—It looks like the operators of Kindred Hospital Park View are going to stick around for awhile, with officials for the specialty care facility opting to exercise a lease option and purchase the property at 1400-1414 State St. The former Springfield Municipal Hospital
MARLBOROUGH—Framed by minus-280,000 sf absorption in a Richard Barry Joyce & Partners review issued this week, the Interstate 495 office market suffered a setback in the first quarter from a lengthy recovery it had been enjoying for the past three years. But while a bit bloodied
FRANKLIN—Since its genesis in 2005, Colony Realty Partners has shown a propensity to buy commercial real estate across the US, and now the group is displaying a willingness to sell as well. In addition to a modern distribution building in Woburn, the Boston-based real estate inve
BOSTON—Yet another well-regarded Class B office property is being offered up to investors. The so-called Church Green building at 101 Summer St. is being marketed sans asking price by the investment sales team at CB Richard Ellis/New England.
BOSTON—It is always rewarding to have friends, especially those of the foul-weather variety, and no one appreciates them more than the commercial property management industry. With storm clouds gathering ominously over the CRE terrain, leaders of the region’s top property managem
MIDDLEBOROUGH, MA—When a venture spans three decades, timing can be difficult to control, and Jeffrey P. DeMarco acknowledges that the completion of his firm’s build-to-suit deal with IDEX Health & Science at the Campanelli Business Park was especially gratifying given the curren
BOSTON—There was not much strength to the industrial market at the outset of 2009, as the sagging economy finally caught up to the occupants of manufacturing and warehouse space throughout New England. The result was rising availability rates, sagging rents and tenants frozen fro
NEWTON—A highly visible Sheraton hotel straddling the Massachusetts Turnpike Extension is being sold by Starwood Hotels & Resorts to a regional hospitality management firm. Owned via a ground lease controlled by the Massachusetts Turnpike Authority, the Sheraton Newton Hotel at 3
Concerned it will result in onerous rules and increased costs for the commercial real estate community, NAIOP Massachusetts has issued an action alert urging members to lobby against proposed changes to the state energy code. In a dispatch sent this week, NAIOP officials say the
BOSTON—Opting to follow the money trail, commercial real estate design and construction professionals are eagerly rushing towards Dubai in the United Arab Emirates, and denizens hailing from the “Hub of the Universe” are increasingly in those ranks. Architects, engineers and CRE
PEABODY — Office and industrial users on the North Shore have a new rental option to consider, as Synventive Molding Solutions is putting up to 88,000 sf on the sublease market. The building, 10 Centennial Dr., was purchased last autumn for $46 million by Children’s Hospital, whi