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Brookwood Business Center, Billerica MA
October 07, 2017
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Brookwood Sells 448,700-SF Billerica Park to Condyne JV; Transwestern Brokers $40M+ Swap
October 07, 2017 | Joe Clements
BILLERICA—Marking the second super-sized flex/office park trade this season by Brookwood Financial Partners, a 448,700-sf complex spilling into Tewksbury has been bought by Condyne and Westport Capital Partners at a price of $40.4 million. TCG also assisted the joint venture in securing $30 million
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East Main Street Apartments
October 04, 2017
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Campanelli, Thorndike Hire JLL to Sell 188 Norton Apartments; First-Class Listing Could Hit $56M
October 04, 2017 | Joe Clements
Promoted as “a truly exceptional investment opportunity,” the just-completed East Main Street Apartments built here by Campanelli and Thorndike Development is being offered for sale through JLL, leaders of the brokerge firm’s multifamily division have acknowledged.
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Geneseo Shopping Center, Rochester NY
October 02, 2017
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Davis Cos. Secures NY Retail Centers as Brixmor Reaps $43M Via Newmark
October 02, 2017 | Joe Clements
GENESEO, NY—Already possessing CRE in Gotham and out to Long Island, Boston-based Davis Cos. is moving upstate in the Empire State via the purchase of two shopping center acquisitions this week in metropolitan Rochester, each anchored by a Wegman’s and both exclusives of the Newmark Capital Markets
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Trac 75, Allston MA
September 27, 2017
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Grossman/Waypoint to Sell Trac 75 Apartments; 80 New Units Could Hit $43M
September 27, 2017 | Joe Clements
ALLSTON—Grossman Cos. and Waypoint Cos. are fast-tracking Trac 75 from an ownership position, that their wildly successful 80-unit apartment building at 75 Braintree St. which leased up barely 100 days after marketing began in May. Encouraged by tenant acceptance and amid a CRE investment realm clam
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September 26, 2017
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Boston Global Cashing Out on HQ Via Newmark as Zurich Paying $23M for 55 Seaport
September 26, 2017 | Joe Clements
BOSTON—The Hub’s Seaport District continues to attract overseas capital, this time to the gain of a well-known hometown developer who helped transform this office outpost
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1280 Massachusetts Ave.; Cambridge MA
September 25, 2017
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CBRE/NE Lands (Another) Cambridge Exclusive; $500M+ in City Sold/Listed Past Year
September 25, 2017 | Joe Clements
CAMBRIDGE—CBRE/NE Capital Markets cannot seem to get out of mid-Cambridge these days, and that is likely fine by them, with market sources indicating the contingent has closed or landed their fourth listing along Massachusetts Avenue over the past 12 months, most recently negotiating a trade of 625
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Cliffside Commons, Malden MA
September 22, 2017
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Taurus Set to Land Cliffside Commons Via CBRE; 295-Units Could Top $70M
September 22, 2017 | Joe Clements
MALDEN—The “under new ownership” flag is about to fly once again at Cliffside Commons, an upscale apartment building John M. Corcoran & Co. opened in 2000 after demolishing a Star Market at 500 Broadway to make way for the five-story, 295-unit residential project which the Braintree firm then harves
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Westborough Office Park, Westborough MA
September 18, 2017
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Carruth Capital Seen Buying Westborough Office Park from Equus; Deal Could Top $40M
September 18, 2017 | Joe Clements
WESTBOROUGH—Winning bidder of the award-winning Westborough Office Park is Carruth Capital, the homegrown group’s commitment following what is described in one account as a “spirited” process where more than a half-dozen suitors reportedly chased the 384,000-sf opportunity peddled by CBRE/NE on
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Heritage Point, North Quincy MA
September 05, 2017
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Heritage Point to Bring $28M in Grander, North Colony Buy from Campanelli, TriGate
September 05, 2017 | Joe Clements
QUINCY—It looks like Grander Capital Partners is coming back for more Heritage here in North Quincy where CRE sources indicate the homegrown investor is teaming with South American capital to buy Heritage Point at 108 Myrtle St., the sparkling 160,900-sf office building held by a partnership of Camp
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Phot: Derek Szabo
August 31, 2017
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NatDev Buying Prime Boston Industrial Site Via TCG for Near $12M
August 31, 2017 | Joe Clements
BOSTON—Fresh off their transformational conversion of a gritty South End industrial site into the award-winning INK Block mixed-use complex, National Development is buying another non-descript warehouse 1.5 miles away pitched to bidders as a kindred repositioning opportunity, although there are
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August 29, 2017
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LPC JV with Foreign Capital Buys Central Sq. Mixed-Use Asset for $75M Via CBRE
August 29, 2017 | Joe Clements
CAMBRIDGE—In yet another blockbuster commercial property exchange in Central Square—the third major trade here this summer—Lincoln Property Co. has teamed with a familiar capital source hailing from South America to buy 625 Massachusetts Ave. from L&B Realty Advisors, a Texas-based investor which
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515 Massachusetts Ave.; Cambridge MA
August 28, 2017
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Sources: Dr. Chan Buys Cambridge Property in $30.1M Newmark-Listed Deal
August 28, 2017 | Joe Clements
CAMBRIDGE—It appears Dr. Gerald Chan has snagged another piece of Central Square terra firma, with market sources indicating the Newton-based investor has acquired 515 Massachusetts Ave. in Central Square, that a 46,350-sf office/retail building purchased for $30.1 million in a deal negotiated by
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Adams Village, Dorchester MA
August 28, 2017
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True North Seen Buying 88-Unit Adams Village from John M. Corcorcan Via Colliers
August 28, 2017 | Joe Clements
BOSTON—True North Capital Partners is taking a village here in Dorchester’s popular Adams Square, CRE sources are indicating in claiming the Concord-based multifamily investor has emerged as winning bidder for an 88-unit apartment complex developed and managed for nearly a half-century by John M. Co
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