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• April 02, 2009
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  ‘Foul-Weather Friends’ Brighten CRE Management Outlook

  April 02, 2009 | Joe Clements

  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

• April 02, 2009
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  End Nears for Campanelli Business Park

  April 02, 2009 | Joe Clements

  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

• April 02, 2009
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  Economy Catches Up to Industrial CRE

  April 02, 2009 | Joe Clements

  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

• April 02, 2009
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  Sources: Sheraton Newton Sale, Rebirth as a Crowne Plaza Near

  April 02, 2009 | Joe Clements

  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

• March 26, 2009
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  NAIOP Issues Clarion Call on Code Change

  March 26, 2009

  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

• March 26, 2009
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  Boston CRE Pros Debate: Dubai or Not Dubai?

  March 26, 2009 | Joe Clements

  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

• March 19, 2009
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  Centennial Park Firm Shopping Up to 88,000SF

  March 19, 2009 | Joe Clements

  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

• March 19, 2009
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  CBRE/NE Pitching Acton Apartments for Equity

  March 19, 2009 | Joe Clements

  ACTON — Multi-family giant Equity Residential is offering a four-building apartment community here for sale, retaining CB Richard Ellis/New England to market Spring Hill Commons. The 105-unit complex is being priced at $9.1 million, or approximately $87,000 per unit.

• March 19, 2009
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  Nordblom Seen Inking 50,000SF Tenant

  March 19, 2009 | Joe Clements

  BURLINGTON—An e-mail marketing company is said to be the latest technology firm making the move off Route 128 to Network Drive at Northwest Park, the former Sun Microsystems complex acquired by the Nordblom Co. and affiliate Nordic Properties. Multiple sources maintain that e-Dia

• March 19, 2009
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  85,000SF Renewal Boosts I-495 North

  March 19, 2009 | Joe Clements

  METHUEN—Speculative construction of the hulking Methuen Industrial Center here earlier this decade was deemed a gamble by some, but after a slow initial lease-up period, the pioneering venture found its niche as a multi-tenanted development, and now has scored another victory in

• March 19, 2009
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  Word Up: Discount Bookseller Pursuing NE Retail Expansion

  March 19, 2009

  TAUNTON—Chapters 7 and 11 have dominated the retail story in this southeastern Massachusetts community for much of the past year, but a rapidly growing book-selling firm is helping at least one landlord turn the page towards profitability. In addition, many more owners throughout

• March 12, 2009
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  BSA, Residential Building Groups Coming Together

  March 12, 2009 | Joe Clements

  BOSTON—The gathering April 1st and 2nd will be their fifth such dalliance at the Hub’s World Trade Center, but organizers of the Residential Design and Construction Show are now striving to see the relationship is deeper than a once-yearly fling. As evidenced by a gathering slate

• March 12, 2009
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  BSA, Residential Building Groups Coming Together

  March 12, 2009 | Joe Clements

  BOSTON—The gathering April 1st and 2nd will be their fifth such dalliance at the Hub’s World Trade Center, but organizers of the Residential Design and Construction Show are now striving to see the relationship is deeper than a once-yearly fling. As evidenced by a gathering slate

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