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
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
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
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
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
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
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.
BILLERICA—There is another promising sign of life for the region’s life sciences sector. Providing momentum to the Route 3 corridor north of Burlington, SemiLab AMS has leased 23,000 sf at 47 Manning Road, inking a five-year pact encompassing the building’s entire first floor. Pr
Much like host city Las Vegas, ICSC’s spring convention was a shadow of its normally spirited self, New England retail professionals returning from last week’s annual program are reporting.
EASTON—A flex/industrial building here is celebrating its 25th birthday with the signing of a lease for 15,000 sf. Retail marketing and business communication services firm Vestcom New Century has committed to seven years at 5 Norfolk Ave., among a quartet of buildings owned in t
MIDDLEBOROUGH—It has been a busy spring for the Campanelli Business Park, and yet another deal has been finalized there, as Mueller Technologies commits to 12,000 sf at 48 Leona Dr. The single-story, 26,000-sf structure now has just 6,000 sf remaining, according to Campanelli Cos
MARLBOROUGH—They have been asked, but Hewlett-Packard still won’t tell what its intentions are regarding a sprawling corporate campus here in the heart of suburban Boston’s MetroWest. Company officials remained tightlipped in the wake of last week’s Real Reporter article indicati
BOSTON—The giddy, gilded shopping spree that drew consumers worldwide to Newbury Street has withered in recent months, but the owner of a prime retail/office building is hoping investor interest for the boulevard’s commercial real estate is more resilient against the global reces