BOSTON—It is not even the entire 10-story building comprising 4 Blackfan Circle—and on a ground-lease, to boot—yet a commitment to buy into the 270,275-sf life sciences research facility in Boston’s super-tight Longwood Medical Area could bring upwards of $275 million, sources are indicating to Real
STOUGHTON—Campanelli’s latest makeover of an aging corporate office property into modern multi-tenanted product is already bearing fruit, with company officials telling Real Reporter the former Reebok headquarters here has enticed a pharmaceutical company to fill 50,675 sf on the second and third
BOSTON—Normandy Real Estate Partners is grabbing a stake in the city’s dynamic North Station district, with the New Jersey based investor committing to 60 Canal St. in North Station, a Class B office/retail building listed by Cushman & Wakefield whose client has owned the building for over a half-
EXETER, NH—Barely two years after plunking down $51 million on 509,000 sf of high-end flex/office space here in this coastal New Hampshire community, Albany Road Real Estate has cashed out on half of its holdings comprising the two-building complex, as a Massachusetts joint venture pays $38 milion
CHELSEA—Feeding off skyrocketing rents in neighboring Boston, Chelsea has become a popular outlet for multifamily construction, and now there is a place for CRE capital to benefit from that trend—Chelsea Place—a 56-unit, LEED-certified apartment building owned by Federal Realty Investment Trust
BOSTON—The Newmark Capital Markets team’s annual Top of the Market Program being held here today at the Intercontinental Hotel is reportedly going to highlight one of the CRE sector’s most unlikely superstar these days—industrial real estate—with new exclusives totaling upwards of $200 million expec
NORWOOD—Two resilient 1980’s-era office buildings here have become the latest investment conquests of FP Giglio, the established regional firm which paid $11.1 million for nearly 110,000 sf at Norwood Park South fueled with $8.9 million from Rockland Trust Co. Listed exclusively by Colliers Internat
ANDOVER—Aiming to fill 30,000 sf of first class office space and a build-to-suit site that could yield 80,000 sf at the 42-acre New England Business Center, property manager Eastport Real Estate Services has named JLL exclusive leasing agent on behalf of landlord Andover MCB LLC, steward since the
TAUNTON—Headlined with this week’s $22 million trade of 400 John Quincy Adams Rd., CBRE Boston Capital Markets is wrapping up the opening frame of 2018 on an industrial-scale spree, having completed three warehouse transactions totaling $58 million this month alone. Besides selling the 300,000-sf ne
BOSTON—Pacific Rim capital from a family fund circling metropolitan Boston has landed a pair of instant redevelopment opportunities harvested by Thibeault Properties, vacant buildings lauded by listing agent Colliers International for “ultra-core” locations, LWP flexibility and lucrative expansion r
BOSTON—They are paying a pretty penny—and then some—but PNC has emerged as winning bidder for a treasured ground lease at 177 Huntington Ave. being sold by Beacon Capital Partners through HFF, sources are telling Real Reporter. One estimate has the “ballpark number” from its trade approaching $140 m
WAKEFIELD—A Florida investor’s 1031 exchange proceeds have just secured the upscale Wakefield Vista apartments here plus a refurbished multifamily community in Acton from True North Capital Partners via a $45.2 million portfolio deal arranged by Colliers International. The unsolicited, off-market p
NORTON—It seems Upland Woods was not a fluke. Barely four months after reaping $93 million selling 262 new first-class apartments in Norwood, a joint venture of Campanelli and Thorndike Development has harvested another freshly minted rental community in south suburban Boston, this outcome a $53.6 m