BOSTON—After spending this summer nailing down office building deals in New York City and Washington, D.C., Marcus Partners is taking “a big step” entering the crowded flex and industrial arena on its home turf as winning bidder of four suburban Boston assets totaling 1.07 million sf being divested
WILMINGTON—Every decade it happens—Fordham Business Center gets sold—and the 2010s continue that tradition as the four-building complex located along Interstate 93 North has transferred from KS Partners to Carlisle Properties, a New Hampshire firm with other Wilmington holdings which paid $27.1 mill
CAMBRIDGE—A surge of capital is flowing into 10 Fawcett St. here in west Cambridge, with CRE sources maintaining the 134,500-sf first-class office building held by homespun Griffith Properties and Artemis Real Estate Partners is being acquired by Davis Cos. and Invesco for nearly double the $31.3 mi
BOSTON—Four years after harvesting One Beacon St. for $561 million, Beacon Capital Partners and German insurer Allianz are purchasing another prominent Hub office tower in a joint venture partnership targeting Exchange Place at pricing expected to crest $850 million. Put up for sale this spring by o
BOSTON—Following a fast-moving marketing process, KS Partners has emerged as winning suitor for 15 Court Square, CRE sources are indicating. The enduring 11-story downtown office building one observer lauds as “loaded with upside” came available in late spring through Colliers International and cou
WATERTOWN—Spear Street Capital needed a bold $43 milliion bid to realize its June 2014 purchase of Riverworks Innovation Center, but the commitment appears to have been wisely made amid word a joint venture is paying nearly $64 million for the renovated mill and erstwhile headquarters of Boston Scie
BOSTON—Irish citizens and their civic and financial representatives are turning to global retail expert Frazer Capital to create maximum value in a 30,000-sf retail condominium at the five-star Mandarin Oriental Boston, the uber-exclusive Back Bay asset among hundreds of holdings entangled in the fa
BOSTON—South Boston’s other landmark restaurant is taking a similar path as Anthony’s Pier Four on the Hub waterfront, that world-recognized establishment repositioned into an eclectic mixed-use complex owned by Tishman Speyer, the office portion of which is about to trade for near $440 million thro
ALLSTON—The winter 2015 acquisition and permitting process moved at its usual measured pace, but once Grossman and Waypoint Cos. got the go-ahead to build 80 cheery apartments on a 30,000-sf industrial site tucked behind bustling Union Square, it became full-speed ahead. Developers used a modular pr
By Joe Clements BOSTON—Famous for sniffing out emerging areas and pioneering massive projects in those venues, DivcoWest is reportedly grabbing a stake in the heart of New England’s most established business district, with sources claiming founding principal Stuart Shiff’s operation has emerged as w
BOSTON—Abutting Quincy Market, the retail shops at 200 State St. are a popular draw among tourists and downtown workers alike, but they are not included in a big-ticket item expected to bring its own surge of shopping traffic this summer, that being the 16-story structure’s 120-stall parking garage
READING—Given impressive results twice before, the stewards of 55 Walkers Brook Dr. had to outdo themselves if a third third time would prove the charm for their first class office building located right off Route 128 in this north suburban community, but after another successful campaign bringing i
BOSTON—Beloved brick-and-beam construction. A popular brew pub in the ground floor retail and renowned architectural firm CBT occupying the upper levels. Off street parking in the thickly settled North Station district where bilions of dollars in public and private funds are transforming an area abu