NEEDHAM, MA—Equity might be hard to find in many places these days, but at least one version is cropping up throughout New England—Equity Industrial Partners, that is. After divesting a $516 million pool of properties barely two years ago, the Needham-based operation led by Lewis
TEWKSBURY, MA—As was demonstrated in neighboring Lowell 15 years ago last week, auctioning commercial real estate can be an unpredictable endeavor, and no one can say for sure what will happen at March 12th’s gaveling of the Ames Pond Corporate Center, a 157,000-sf office park be
BOSTON—Providing badly needed vitality to the region’s languid investment sales market, a German real estate fund has reportedly agreed to acquire 745 Atlantic Ave. from another international concern, Australian REIT Macquarie. Sources put the deal in the $350 per sf range, or cl
WEST BRIDGEWATER, MA—In a deal valued at close to $20 million, the longtime home of women’s clothing purveyor Chadwick’s of Boston is under agreement to Equity Industrial Partners, sources have told The Real Reporter. The pending arrangement is headlined by a 15-year, 75,000-sf l
BOSTON—In a season when even the celebrity groundhogs could not agree where winter is headed, it is perhaps fitting there are multiple forecasts as to how long New England’s frozen commercial real estate sales climate will linger in 2009. The icy blast coming from lenders since l
LANCASTER, MA—One of the biggest suburban industrial properties in central Massachusetts is about to change hands, with the Rockport Distribution Center reportedly under agreement to Parsons Commercial Group of Framingham. Sources could not provide a pricing estimate for the hulk
If any constituency could use a friend or two about now, the region’s public library system would easily qualify. Operations eternally running on fumes are being forced to cope with even less, resulting in reduced materials, hours and programming, and in the harshest cases, face
BOSTON—A neoclassical office building in the Financial District is being offered up for sale, as the RREEF Funds has retained Cushman & Wakefield to market One Winthrop Square. The asset is expected to trade in the $25 million range. “I think we are going to do well with it,” C&W
WESTBOROUGH—Poised at the confluence of Interstate 495 and the Massachusetts Turnpike, this suburban Boston community has superior access, and now multifamily investors have a reason for coming here thanks to a 36-unit, garden-style apartment property being marketed for sale by N