BOSTON—Amazon.com Inc. has apparently found its Hub home down by the sea, with market watchers telling Real Reporter the Internet giant has committed to lease more than 150,000 sf at 253 Summer St. overlooking Fort Point Channel at the gateway to Boston’s transformational Seaport District.
BOSTON—Venerable residential real estate developer and manager John M. Corcoran & Co. is harvesting a legacy apartment property ensconced in Dorchester’s Adams Square, the 88 units at 725-735 Adams St. being listed via the Capital Markets team at Colliers International. Industry estimates suggest
DANVERS—The majority of a nine-building, 602,000-sf flex/office portfolio straddling this North Shore community and neighboring Beverly is being acquired by RJ Kelly Co. from Brookwood Financial Partners, market sources are indicating to therealreporter.com, with pricing for Cherry Hill Park
BOSTON—With two office buildings already in tow and a third pending conquest for nearly $270 million total, Morgan Stanley is making a big play in Cambridge’s Alewife section, but the interest is not limited to that emerging business cluster, with market watchers claiming the real estate investment
WELLESLEY—Route 9 office/retail hybrid Wellesley Place stumbled earlier this decade when the overleveraged 25,000-sf building was pushed into foreclosure, but repositioning by a regional investor after its $7.1 million auction purchase in 2014 has steadied the two-story asset enough some market
MARLBOROUGH—KS Partners is taking on a large swath of this resilient MetroWest community where a rough beginning to the decade has improved into a vibrant recovery, a climate under which the investment firm led by founder Kambiz Shahbazi has emerged as winning bidder for Marlborough Technology Park,
CAMBRIDGE—DivcoWest is moving up in the world—or up Massachusetts Avenue, at least. The group hailing from San Francisco which has already taken Kendall Square by storm with a stream of adroit trades this decade is reportedly aiming to buy a first-class, 95,000-sf office building on the edge
BOSTON—Making news on both sides of the continent this week, UrbanMeritage has committed to purchase a 15,800-sf mixed-use property on the treasured first block of Newbury Street from longtime steward C. Talanian Realty, therealreporter.com has learned. UrbanMeritage, which on Sunday in Las Vegas s
BOSTON—Operating partner Synergy Investments is expected to remain in place but five mixed-use buildings in the fantastically revitalized Downtown Crossing district are getting AIG Global Real Estate as their new majority owner while DivcoWest steps aside for a price said to be reaching $175 million
BOSTON—Against the backdrop of this spring’s International Council of Shopping Centers ReCon 2017 convention kicking off today in Las Vegas, UrbanMeritage moments ago launched Advantage Newbury, a $300 million “curated retail program” which its architects proclaim will challenge the conventional app
BOSTON—Earlier this spring, developer William Thibeault harvested a pair of turnaround mixed-use projects in Downtown Crossing and the Financial District to realize $38.5 million on the $6.67 million spent beginning the decade buying 103 Arch St. and 153 Milk St. ahead of the dramatic Beantown
The search to incorporate a restaurant at Ten Post Office Square appears to have served up a pair of restaurateurs wielding a growing reputation for trendy dining in the Hub, Christopher P. Jamison and Mark S. Malatesta. They are the inspirations between such upscale eateries as RAKU at the Godfrey
WALTHAM—Barely four years after buying Totten Pond Office Park here off Route 128 at a consideration of $47 million, TA Associates Realty is offering the three-building, 293,000-sf complex for sale through Newmark Capital Markets, industry sources are indicating to Real Reporter. Pricing amidst the