BOSTON—Fresh off its successful IPO launch earlier this month, Newmark is wasting little time putting the increased financial clout to work and impacting the local brokerage landscape via the hiring of a crack industrial unit from JLL’s metro Boston operations. Making the shift to 225 Franklin St.
BOSTON—After nearly three years of fits and starts entertaining myriad proposals, including three which faltered late stage, Boston Globe owner John Henry is expected to finally close this week on his sale of the newspaper’s former headquarters, the publication having relocated from 135 Morrissey Bl
WALTHAM—Jumbo Capital and Sound Mark Partners are acquiring Stony Brook Office Park from Clarion, with CRE sources telling Real Reporter the tandem has outdueled a determined lineup of high-powered finalists vying for a 270,000-sf property listed exclusively through Newmark. Industry watchers claim
NEWTON—Bidders came from near and far to pursue nine attached Class B office buildings here held by the same owners since the 1960s, yet ultimately, the suitor landing 1238 Chestnut St. via a $16.2 million deal brokered by Colliers International is decidedly local, with Alexandra Construction Inc.
BOSTON—A Downtown Crossing mixed-use building in the path of progress—itself among the district’s turnaround gems—is selling for over $19 million from Paradigm Properties to Bentall Kennedy, according to market sources, with a closing anticipated next week. Now under the umbrella of Sun Life Invest
WEST LEBANON, NH—There are parts of the United States where retail is in deep, intractable trouble, but a 230,000-sf portfolio of three shopping centers here in mid-state New Hampshire seems insulated from those struggles given the entire assemblage has just been bought by Davis Cos. of Boston.
BOSTON—Two landmark office buildings—one in the Financial District and the other in Boston’s booming Seaport—are being put on the market for sale through Eastdil Secured, CRE sources are telling Real Reporter, with the collective pricing potentially approaching $675 million between the separate deal
WESTWOOD—A 208,000-sf office building on an eventful journey the past 15 years that included its foreclosure earlier this decade has rebounded sufficiently enough its saviors are now listing 101 Station Dr. for sale at a range some maintain could eclipse $50 million thanks to a transformational over
BOSTON—Colliers International is launching an exclusive listing for a three-story flex/office building in the evolving Seaport District which Capital Markets principal Douglas Jacoby anticipates will foment “non-stop tours” from investors jockeying to buy the 33,500-sf structure and parking lot whos
BOSTON—New Boston Fund is said to be reaping a big reward for its acclaimed development of Parcel 24 along the Rose Fitzgerald Kennedy Greenway into 362 units of housing, with industry sources telling Real Reporter 217 luxury units in a 21-story tower are being sold to Pru affiliate PGIM Real Estate
NORWOOD—One of suburban Boston’s newest apartment communities has seen a changing of the guard via Jefferson Apartment Group’s $93 million purchase of Upland Woods from Campanelli and Thorndike Development, homegrown firms who built the 262-unit complex on a one-time Polaroid Corp. campus.
PLYMOUTH—John Hancock REIT has emerged as winning bidder for 220 luxury apartments here at the 3,000-acre Pinehills master-planned community in an exclusive listing of CBRE/NE advising its nationally known developer, market sources are telling Real Reporter. Completed by The Hanover Co. in spring 20
BOSTON—The lower the number on a Back Bay street, the higher its value typically proves, or so that notion would appear true in the tony neighborhood’s latest eye-popping transaction where Fisher College has reaped $22.5 million harvesting 10-11 Arlington St. to a private investor through a CBRE/NE