BOSTON—One of the Financial District’s pioneering office towers—28 State St.—is being awarded to Midwest investor Heitman Capital Management at pricing that could near $430 million, sources are indicating to Real Reporter, with the 40-story structure at Congress and State Streets said to be trading
NEWTON—Say “Hello” to 128 CRE, a freshly minted real estate services firm launching today, the operation comprising a half-dozen seasoned suburban professionals who intend to make their presence known—and in fact, already have—along America’s Technology Highway, with a “hyper-spec
BOYLSTON—Nearly everything involving a new FedEx facility under construction here is super-sized—including the hefty pricing 100 Pine Hill Dr. is expected to attract via a sales campaign being launched by JLL for developer Scannell Properties. Market watchers tell Real Reporter the 352,000-sf distri
ALLSTON—In principal Jason S. Weissman declaring 103 North Beacon St. “among the best pieces of real estate you will find anywhere today,” Boston Realty Advisors is providing a litany of reasons supporting such a bold assertion regarding the 27,350-sf mixed-use assemblage on 1.5 acres being marketed
ANDOVER—Acting on behalf of an overseas client hailing from the Middle East, investment advisor Bentall Kennedy has agreed to buy the headquarters of medical devices firm Smith & Nephew from Spear Street Capital, according to CRE sources. Listed exclusively by Newmark, 150 Minuteman Rd. is
BOSTON—The peripatetic Freedom Trail emanating from Transwestern Consulting Group’s Hub operations at 75 State St. has wended around the corner to Post Office Square where former partner Jamey Lipscomb has joined rival JLL, the US Army veteran with 16 years of brokerage experience recruited to compl
BOSTON—Barely a month after four key members of JLL’s Industrial Practice Group joined rival Newmark, their erstwhile employer has tabbed two seasoned brokers from within to run an operation already established throughout Greater Boston yet angling to become the undisputed regional leader. Joseph F
WESTWOOD—A revived 1980’s era office building that is part of he transformed University Station mixed-use complex fronting Route 128 is being acquired for $53 million by AEW Capital, the homegrown institutional investor whose winning bid on 101 Station Dr. is deemed by observers a positive barometer
BOSTON—The 2018 CRE sales tilt appears to be producing tangible results already, with market watchers claiming a Miami investor has emerged as winning bidder to buy 40 Court St. in Boston’s Financial District, pricing on which is estimated to be in the range of $54 million. Eastdil Secured is exclus
BOSTON—The great rush for CRE brokerage expertise is apparently finding its way to the doors of Transwestern’s Boston office where at least one founding principal of the homegrown group has agreed to join a rival firm amid rumors swirling that more departures could be in store—possibly en masse—for
BOSTON—CV Properties appears headed for another eventful year in Hub development circles and it could benefit a Charlestown Navy Yard landmark vacant since 1974 at which Kavanagh Advisory Group is building a 230-room hotel whose theme celebrates the structure’s heritage as the sole forgery of massiv
STOUGHTON—Piling up another $1.5 billion in multifamily investment sales last year had New England standard-bearer CBRE on the job from start to finish, with the team led by Simon J. Butler and Biria St. John peddling a prized Rhode Island apartment complex last January and closing their book of bus
MEDFORD—Spending $46 million this September for a 585,000-sf office park in Marlborough has apparently not slaked the investment appetite of KS Partners, with the firm still wheeling-and-dealing across metropolitan Boston as 2017 winds down—and those efforts appear to be bearing fruit. Sources say