BOSTON—Having admired 250 Summer St. for years, Paradigm Properties has bought the 110,000-square-foot office building with Cambridge-based North Colony Asset Management at a sharply lower $37.6 million basis replacing Morgan Stanley Real Estate Advi
BILLERICA—Since mid-April, Griffith Properties and separate joint venture partners have paid almost $105 million on two large industrial buildings totaling 630,000 square feet, $62 million of it for 10 Centennial Dr. in Peabody acquired last week as detailed by Real Reporter, but the Boston-based re
BOSTON—Major CRE players headquartered on New York’s famed Fifth Avenue are near swapping papers to Boston’s iconic 230 Congress St., according to Real Reporter sources indicating the struggling 155,000-square-foot Art Deco office building listed by Eastdil Secured for owner Northwood Investors is u
Calls to CBRE were not returned as of press deadline and efforts to reach other involved parties were also not successful but the exchange’s details are outlined in the Suffolk County Registry of Deeds for a pact that closed on Monday, seven years after the prior sale. Luo used Tremont Court LLC to
NATICK—It is a magic word central to Warren Cross Jr.’s business and real estate platforms: “Natick.”
BOSTON—Mixed-income apartments in a dynamic setting have transacted for $11.9 million through Walker & Dunlop and financed by a $7 million loan from Camden National Bank of Portland, ME.
PEABODY—It is said the more things change, the more they stay the same, and that notion appears applicable to a $62 million sale of 10 Centennial Dr. here overlooking Route 128 by Children’s Hospital which—to the relief of locals—includes a 20-year leaseback of the popular ambulatory care center the
LYNNFIELD—Homegrown startup Horvath & Tremblay which at 10 years has forged an independent brokerage whose 17 offices transact net leased and multifamily assets in nearly every nook and cranny of the Continental US, has made its milestone season even more memorable in announcing a “strategic integr
Boston — “What would be really wonderful for the Legislature is if you all got together and figured out what a middle ground is,” said Senator Cindy Friedman of Arlington, back in March, at the conclusion of a Special Joint Committee hearing, where she and her constituents heard from both sides on a
LOWELL — Sensing a rebound in the Interstate 495 North office market, Connector Park owner KS Partners has retained Hunneman’s northern leasing crew to restock its 200,000-square-foot constitution split between two early 1980s properties that have ridden multiple cycles in this city’s enduring histo
FRAMINGHAM — An early exit is being taken by the New York-based stewards of transit-oriented business park 9/90 Corporate Center, who have hired Newmark to sell their first-class lab and office cluster totaling 410,000 square feet purchased less than five years ago for an eye-popping $93 million.
Boston — New ownership of 250 Summer Street is near—really near. Hardly a five-minute Walkscore straight-line on the oth
Boston — The industrial market is undergoing a fundamental shift. Conversations are no longer simply about clear heights and floor load capacity for warehouse and distribution facilities, but about the evolving nature of the sector. Today — particularly in regions with an abundance of intellectual c