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700 Congress St., Quincy MA
March 07, 2023
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Grander Wins Day on $6.2M Sale/Leaseback; Newmark Lists Quincy MOB for Shields MRI
March 07, 2023 | Joe Clements
QUINCY — It is just what the doctor ordered for Greater Boston’s anemic investment sales sector, a $6.25-million medical office building exchange between Shields MRI and Grander Capital Partners after a healthy competition orchestrated by Newmark and backed by ...
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Forest Ridge Business Center, 85 Rangeway R., Billerica MA
March 03, 2023
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Forest Ridge Boosts Route 3 North; R.W. Holmes Brokers Trio of Leases
March 03, 2023 | Joe Clements
BILLERICA — Landlord K&L Realty Co. has had an impressive run here at the Forest Ridge Business Park with a series of office leases that many property peers would covet especially considering Route 3 North’s recent struggles such as 178,000 sf of negative net absorption in the final frame of ...
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220 O’Connell Way, Taunton MA
March 01, 2023
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Westbrook to Sell Claremont 330,000 SF; CBRE Industrial Listing Could Hit $47M
March 01, 2023 | Joe Clements
TAUNTON — Despite owning its South Coast industrial cluster for under two years, Westbrook Partners scrambled to move the five warehouses last winter when historic interest rate hikes augured a drop of values even for premier CRE such as the 1.1-million-sf portfolio stretching from ...
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100 Staples Dr., Framingham MA
February 11, 2023
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Demands Dampen Tenant Demand; Office Denizens Seek More for Less
February 11, 2023 | Joe Clements
WAYLAND — Tenant demand is growing in suburban Boston’s pandemic-weary office sector—and so, too, are demanding tenants. “Overall, there was encouraging progress” in 2022, reflects R.W. Holmes Realty Co. President Garry Holmes, his firm’s yearly report card ...
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20 Winthrop Sq., Boston MA
February 10, 2023
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AW Perry Inc. Names New President; Family Firm Turns Within to Flaherty
February 10, 2023 | Joe Clements
BOSTON — It appears one can in fact choose their family. A.W. Perry Inc. has announced Chief Operating Officer Mark Flaherty’s selection as 11th president of the venerable real estate services firm and first leader unrelated to descendents of ...
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Two Monarch Dr., Littleton MA (RENDERING)
February 07, 2023
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VMD Cos. Breaks Ground on PODS BTS; 98,150-SF Facility to Serve Northeast
February 07, 2023 | Joe Clements
LITTLETON — VMD Companies has broken ground on a 98,150-sf build-to-suit for PODS, the moving and storage giant whose Northeast region distribution center is being constructed right where ...
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248 Sheep Davis Rd., Concord NH
January 31, 2023
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MANSARD Fills 25,000-SF NH Flex CRE; Agent Melanson Also Brokers MA Lease
January 31, 2023 | Joe Clements
CONCORD, NH — The “Holiday Lull” that often ebbs year-end business activity was especially pronounced this season with an early Thanksgiving and then Christmas and Hanukkah jammed together, but MANSARD Commercial Advisor Christopher Melanson nonetheless juggled key leasing assignments on ...
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40 Commerce Way, Tewksbury MA (RENDERING)
January 29, 2023
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Rhino Secures Atlantic Capital Land Site; RW Holmes Broker on Sale, New Project
January 29, 2023 | Joe Clements
TEWKSBURY — Not everyone is sitting on the sidelines waiting for inflationary relief and/or a trigger-happy Federal Reserve to holster its interest-rate pricing gun, with Rhino Capital Advisors buying adjacent land parcels here off Interstate 495 where the ...
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South Boston, MA
January 27, 2023
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C&W Pitches Two-Acre Southie Site; Multifamily Zoning Could Top $20M
January 27, 2023 | Joe Clements
BOSTON—After a skittish 2022 on the construction front comes two acres in Boston’s dynamic Seaport District that may prove irresistable for multifamily developers, market watchers are anticipating of 571 East First St. which Cushman & Wakefield is launching barely a month after ...
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550 Forbes Blvd., Mansfield MA
January 25, 2023
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Berkeley Partners Closes Sale/Leaseback; JLL Brokers 215,500-SF Deal and Funding
January 25, 2023 | Joe Clements
MANSFIELD — Oh yes they did. Fulfilling an agreement first revealed by Real Reporter this past month, Berkeley Partners has bought a 215,500-sf warehouse here 20 miles south of Boston in which global automaker Stellantis ceded control of 550 Forbes Blvd. to the West Coast investor through a ...
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Columbus Park, Boston MA
January 19, 2023
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CBRE: Office Sublease Rates on Rise; Increase an Outlier to Positive Trends
January 19, 2023
BOSTON—Joining post-pandemic gremlins creating novel challenges for office landlords entering 2023 is a familiar disruptor worsening downturns since the dawn of the new Millenium: sublease inventory. Held in check through mid-2022, 590,000 sf has hit suburban Boston since while the Hub posted 515,00
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January 18, 2023
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Bricks and Mortarboards Unite at MIT as Veris Residential Forms Partnership
January 18, 2023 | Joe Clements
CAMBRIDGE — Embracing a mindset that two heads are better than one, “socially concious” NYSE REIT Veris Residential Inc. (VRE) has formed a collaborative partnership with MIT Center for Real Estate focused on “advancing and optimizing multifamily real estate” practices in both ...
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AstraZeneca BioHub, 35 Gatehouse Dr., Waltham MA
January 12, 2023
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Trade of AstraZeneca BioHub Pk a $530M One-Two Punch for CBRE
January 12, 2023 | Joe Clements
WALTHAM — CBRE is among the beneficiaries of AstraZeneca’s looming move to Cambridge as exclusive broker negotiating the pharmaceutical giant’s $272.5 million sale of its 300,000-sf research campus tucked off Route 128, the trade to Alexandria Real Estate Equities in 2022’s waning hours coming ...
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