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
WESTBOROUGH—Four first-class office buildings purchased since 2012 by Ferris Development Group are being put up for sale through Colliers International, the 575,000-sf portfolio expected to fetch upwards of $70 million by some accounts. Being listed minus pricing guidance, the listing headlined by
SOMERVILLE—It is said there is strength in numbers, and one can find such mettle among the metrics comprising Ames Business Park where an overseas investor is reportedly paying upwards of $88 million—approaching $300 per sf—for a 17-building complex listed exclusively by Newmark Capital Markets advi
BOSTON—Investors cannot seem to get enough of Seaport Center—especially Related Beal—or so it would seem amidst industry rumors claiming that CRE powerhouse is about to acquire the 477,000-sf Class B office building for the second time in a dozen years through exclusive agent Eastdil Secured, predec
CANTON—Spear Street Capital of San Francisco has agreed to purchase the 680,000-sf former Reebok headquarters being divested here by Adidas Inc., parent to the Massachusetts-based athletic footwear company that has relocated to Boston’s Seaport District. Bidding through 2017 on Reebok’s surplus subu