BOSTON—Oxford Properties has found another place here to park Canadian pension fund money targeting US real estate, and the venue is metaphorically correct in being a 150-stall garage owned by Intercontinental Real Estate Corp. Sources are telling Real Reporter that Oxford has emerged as winning bid
BOSTON—In the highest-profile retail leasing assignment one could ever imagine landing, Faneuil Hall Marketplace steward Ashkenazy Acquisition Corp. has named Boston Realty Advisors exclusive agent to help re-align the beloved Beantown shopping emporium which draws 18 million visitors annually. The
BOSTON—The 1.8 acres opened up by this winter’s closing of Dorchester’s beloved Old Colony House restaurant can deliver nearly 160,000 sf using an FAR of 2.0, industry watchers tabulate regarding the infill parcel Colliers International has sprung onto the market to commence May with, an exclusive a
ACTON—A resilient grocery anchored shopping center held for nearly a quarter-century by Atlantic Management Corp. is up for sale through Newmark Capital Markets, the 74,875-sf Powder Mill Plaza continuing an eventful opening to 2017 for the retail practice division led by Geoffrey Millerd which just
Jumbo Capital Management quickly gained an appetite for flex product in December buying the stabilized 575 University Ave. here, and the homegrown investor has fed that penchant once again in the $14 million purchase of 155,000 sf at 1400 Providence Highway in a trade by Calare Properties following
NEWTON—The icon is gone. KS Partners has traded its 60,800-sf office building here barely three months after naming Boston Realty Advisors exclusive sales agent, the buyer outdueling a feisty challenger with a winning offer of $20.85 million—an eye-popping $343 per sf—or nearly double the $190 per s
DANVERS—DSF Group made what seemed a bold move three years ago shelling out $108.5 million for AvalonBay’s retrofit of the Danvers State Hospital into an eclectic multifamily complex, but now that the Waltham-based investor has decided to harvest its 433-unit project through Newmark’s Capital Market
NORWOOD—Almost 10 years after taking on the Windsor Gardens apartments here west of Boston, Berkshire Group has harvested the 914-unit complex to another local apartment owner and operator, John M. Corcoran & Co., which paid a cool $199 million for an asset financed using $160 million from CBRE
BOSTON—Rockpoint Group is doing what two prior owners of Tower Point have done this decade—they are selling the first-class Seaport District office building—and the homegrown private equity firm is apparently mimicking those predecessors by harvesting 27-43 Wormwood St. (pictured) far above the
PROVIDENCE, RI—An “extremely well-maintained” medical office portfolio encompassing 10 buildings totaling 301,700 sf here and in Lincoln and East Greenwich has been acquired by Albany Road Real Estate Partners from longtime owner F.H. French Co. Inc. for $60.5 million with PNC Bank financing of $40
BOSTON—One of the usual suspects active in CRE investment circles on the suburban front has turned up in an unusual location if a rumored purchase by Jumbo Capital of 50 Congress St. in the Hub’s Financial District bears out. Multiple sources claim the firm has committed to pay KBS Capital Advisors
BOSTON—Now that the lights are shining stronger than ever for most of Downtown Crossing in sharp contrast to the brutal crash suffered there during the late 2000s, one prominent address that has remained dark over the past 10 years could see its own illuminating transformation, with market sources
QUINCY—One of metropolitan Boston’s newest apartment properties has a new owner in TA Realty following the $68.2 million purchase here of Deco, a 180-unit luxury project across from the MBTA’s Red Line, arguably among the hottest subway routes in the Northeast. A venture Boston Andes Capital with