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• June 18, 2009
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  Ashworth Mortgage Co. Secures $15.2M for Equity Industrial’s 365,000SF NH Buy

  June 18, 2009 | Joe Clements

  GREENLAND, NH—Overcoming a torpid debt market that has cratered countless New England property sales this year, Equity Industrial Partners has received more than $15 million from Boston Private Bank & Trust Co. to acquire 150 Ocean Road, a 365,000-sf industrial building located a

• June 18, 2009
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  Colony Retreats on Suburban Sales

  June 18, 2009 | Joe Clements

  WOBURN—It is said that hope springs eternal, and being in Red Sox country perhaps makes the aura of optimism more acute. Whatever the catalyst might be, however, there has been a rising tide of commercial real estate properties put up for sale of late only to be pulled when prici

• June 18, 2009
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  Developer Pushing 80,000SF BTS Plan

  June 18, 2009 | Joe Clements

  READING—A prominent 3.5-acre site that had been eyed for retail development is being repositioned as an office destination, with Atlantic Tambone Corp. of Lynnfield proposing a four-story, 80,000-sf brick building at 100 Main St., the company’s one-time headquarters. An experienc

• June 18, 2009
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  Gorin, New Boston Complete $10M Burlington Office Trade

  June 18, 2009 | Joe Clements

  BURLINGTON—Providing a modicum of momentum for the suburban property sales market, regional investor H.N. Gorin Inc. has completed its purchase of 51 South Bedford St. from the New Boston Fund, paying $10.1 million for the 100,000 sf office/telecom building that is fully occupied

• June 11, 2009
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  Able Engineering Services Ready and Willing to Take on NE

  June 11, 2009 | Joe Clements

  BOSTON—As a leading US provider of building expertise, with clients in 25 states, Able Engineering Services feels the pain of struggling commercial real estate operators—and is seeking to gain from it, AES President and Bay State native Paul Saccone relays in a recent interview.

• June 11, 2009
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  Nineteen CBT Pros Pass LEED AP

  June 11, 2009 | Joe Clements

  BOSTON—When it comes to the sustainability movement, CBT Architects has been earning extra accreditation of late. Besides the Boston firm’s support for the highly touted American Institute of Architects’ 2030 Commitment promoting green precepts, 19 CBT staffers have become LEED c

• June 11, 2009
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  Timing Seen Ripe for Chestnut Green

  June 11, 2009 | Joe Clements

  FOXBOROUGH—Up against the worst economic conditions in a half-century, the timing might seem a bit off for delivering new rental units, but in the eyes of developer Matthew Abrams, his 55-unit Chestnut Green Apartments project cannot come on-line soon enough. “Everything is start

• June 11, 2009
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  NAIOP/SIOR Forecast Murky for 2009

  June 11, 2009 | Joe Clements

  BOSTON—The suburban office market “stinks,” accedes broker Christopher Tosti. Cambridge landlords are cutting rents to attract CRE users, advises colleague Peter Bekarian. And Hub investment guru John Fowler—now based in Manhattan—explains conditions are so bad there of late he i

• June 11, 2009
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  Constant Contact Staying Put, Takes 130,000SF at Res Place

  June 11, 2009 | Joe Clements

  WALTHAM—Surging e-mail marketing firm Constant Contact has provided a direct shot in the arm to the suburban Boston office market, having inked a 130,000-sf renewal and expansion at Reservoir Place. The three-building, 526,000-sf office park is owned by Boston Properties, whose s

• June 04, 2009
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  CBRE/NE Team Peddling Cranston Apt. Complex

  June 04, 2009 | Joe Clements

  CRANSTON, RI—This pioneering industrial city just south of Providence is giving multifamily investors an established option to consider, with CB Richard Ellis/New England retained to peddle the Garden City Apartments. The seven-building, 94-unit complex is being offered at $6.4 m

• June 04, 2009
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  NAIOP MA Charity Tourney Reaps $99,000

  June 04, 2009

  NEEDHAM—Overcoming a difficult economy and stiff competition for charitable dollars, members and guests of NAIOP Massachusetts raised $99,000 this week at a charity golf tournament held to benefit Heading Home Inc. in its mission to end homelessness. The June 3rd program attracte

• June 04, 2009
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  Christie, McGee Secure $3.75M Listing

  June 04, 2009

  BOSTON—Back Bay real estate features a diverse array of uses, and one intriguing property just hitting the sales block is 463 Beacon St., a 20-room residential building that caters to short-term rentals. The Beacon Street Guest House is being marketed at $3.75 million by NAI Hunn

• June 04, 2009
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  NAIOP/SIOR Program Looking Lost

  June 04, 2009 | Joe Clements

  BOSTON—Hollywood’s summer blockbuster, “Land of the Lost,” opens this weekend, but those pining for a real horror action adventure could skip the Will Ferrell vehicle in favor of next Wednesday’s NAIOP/SIOR commercial real estate seminar at the Westin Boston Waterfront Hotel.

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