BOSTON—Representing a major shift in the region’s investment sales landscape, a half-dozen Capital Markets professionals at Colliers International has joined rival CBRE, sources are telling therealreporter.com. “That is true, yes,” one industry professional agrees when asked of industry buzz surroun
ANDOVER—In a transaction negotiated by JLL, AEW Capital Management and Oliver Street Capital have acquired a 167,400-sf industrial building here along Interstate 93 just south of I-495. The $21.3 million purchase and 15-year leaseback to 150 Dascomb Rd.’s longtime owner/occupant was funded using $14
BOSTON—A Los Angeles-based investment advisor and Norwegian sovereign fund are teaming up to buy 121 Seaport Blvd. from Skanska Inc., CRE sources are telling Real Reporter. Boston’s newest arrival to an expanding waterfront skyline, the 17-story, 425,000-sf tower could bring over $450 million via a
STOUGHTON—Following a bountiful spring when Campanelli’s inaugural tenant was secured at the former Reebok Shoe headquarters here, its sponsor is confirming another hefty piece of the revitalized 188,000-sf footprint has been leased, the latest deal for 36,615 sf with Shields Health Solutions. As Re
BOSTON—When the supremely located Skating Club of Boston came available this summer as a rare infill development site, exclusive agent CBRE’s campaign attracted bidders from near and far eager to secure the prized 1.9-acre property, but following a fast-paced process, it appears no could get closer
CAMBRIDGE—CRE investors keen on Harvard Square who lost out last summer on a deal that brought an astounding $1,745 per sf may be stirred by a kindred property now on the autumn sales roster. Its longtime owners have hired HFF and 128 CRE to peddle 52 Brattle St., an 18,000-sf amalgam of retail and
WALTHAM—Two coveted tenants seeking homes along Route 128 have apparently found their respective targets in one place—POST 200 Smith, the dramatic redo of a former mail sorting facility into first class office/laboratory space by Anchor Line Partners and Northwood Investors. Sources are telling Real
WALTHAM—Two laboratory buildings at 828 and 830 Winter St. have been acquired for $240 million by Morgan Stanley Real Estate Advisors from Carlyle Group, the latter entity partners with King Street Properties since paying $104.2 million in July 2015 for the assets. KSP has retained an undisclosed st
BOSTON—-In a shift for the ambitious Bulfinch Crossing mixed-use development, Carr Properties has agreed to acquire a major stake in One Congress even before the 43-story office tower’s construction, sources are indicating to Real Reporter. “That is the case,” one CRE professional says when queried
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