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One Technology Drive, Peabody MA
October 24, 2017
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AEW, Griffith Buy 188,000-SF Warehouse from Normandy Via JLL for $21.7M
October 24, 2017 | Joe Clements
PEABODY—AEW Capital Investments’ fledgling $650 million Fund VIII has planted its flag on the North Shore where $21.7 million was just spent to buy One Technology Dr. in a joint venture with Griffith Properties. The erstwhile home of US Foods Corp. has been transformed into multi-tenanted warehouse
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13-19 Congress Street, Boston MA
October 20, 2017
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Thibeault Tabs Colliers to Trade Two Hub Assets; 54,450-SF Package Could Bring $19M
October 20, 2017 | Joe Clements
BOSTON— Prescient regional investor Thibeault Development is putting another commercial assemblage here up for sale, and that is good news for Colliers International whose Capital Markets team has already completed two other Hub trades this year for the Everett-based firm which is led by founder Wil
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175 Highland Avenue, Needham MA
October 18, 2017
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Boston Realty Advisors Launches Fifth Q4 CRE Listing; Suburban Deals Could Near $35M
October 18, 2017 | Joe Clements
NEEDHAM—The final frame of 2017 is just taking shape, but sales listings are already piled high for the Boston Realty Advisors suburban team which has five fresh Q4 assignments involving a pair of buildings here along the Highland Avenue commercial corridor and two new exclusives each in neighboring
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12 Post Office Square | Ten Liberty Square Boston
October 17, 2017
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Marwick Seen Selling Jumbo, Guggenheim Two Boston Office Buildings for $23M+
October 17, 2017 | Joe Clements
BOSTON—Guggenheim Partners and Jumbo Capital Management are literally beside themselves in growing a nascent Financial District office portfolio here, or so it would appear via reports the investors are buying two conjoined Class B buildings abutting 50 Congress St., the landmark mid-rise that was
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35 Medford St.; Somerville MA
October 16, 2017
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Normandy to Buy Somerville Asset from DLJ Via C&W; Deal Could Hit $24M
October 16, 2017 | Joe Clements
SOMERVILLE—Dating to 1870 and situated off McGrath Highway behind a strip retail center, 35 Medford St. might seem an unlikely candidate to foment much in the way of global intrigue, but the non-descript Class B office building proved a popular asset for investors both near and far when DLJ Real Est
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Brookwood Business Center, Billerica MA
October 07, 2017
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Brookwood Sells 448,700-SF Billerica Park to Condyne JV; Transwestern Brokers $40M+ Swap
October 07, 2017 | Joe Clements
BILLERICA—Marking the second super-sized flex/office park trade this season by Brookwood Financial Partners, a 448,700-sf complex spilling into Tewksbury has been bought by Condyne and Westport Capital Partners at a price of $40.4 million. TCG also assisted the joint venture in securing $30 million
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East Main Street Apartments
October 04, 2017
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Campanelli, Thorndike Hire JLL to Sell 188 Norton Apartments; First-Class Listing Could Hit $56M
October 04, 2017 | Joe Clements
Promoted as “a truly exceptional investment opportunity,” the just-completed East Main Street Apartments built here by Campanelli and Thorndike Development is being offered for sale through JLL, leaders of the brokerge firm’s multifamily division have acknowledged.
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Geneseo Shopping Center, Rochester NY
October 02, 2017
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Davis Cos. Secures NY Retail Centers as Brixmor Reaps $43M Via Newmark
October 02, 2017 | Joe Clements
GENESEO, NY—Already possessing CRE in Gotham and out to Long Island, Boston-based Davis Cos. is moving upstate in the Empire State via the purchase of two shopping center acquisitions this week in metropolitan Rochester, each anchored by a Wegman’s and both exclusives of the Newmark Capital Markets
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Trac 75, Allston MA
September 27, 2017
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Grossman/Waypoint to Sell Trac 75 Apartments; 80 New Units Could Hit $43M
September 27, 2017 | Joe Clements
ALLSTON—Grossman Cos. and Waypoint Cos. are fast-tracking Trac 75 from an ownership position, that their wildly successful 80-unit apartment building at 75 Braintree St. which leased up barely 100 days after marketing began in May. Encouraged by tenant acceptance and amid a CRE investment realm clam
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September 26, 2017
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Boston Global Cashing Out on HQ Via Newmark as Zurich Paying $23M for 55 Seaport
September 26, 2017 | Joe Clements
BOSTON—The Hub’s Seaport District continues to attract overseas capital, this time to the gain of a well-known hometown developer who helped transform this office outpost
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1280 Massachusetts Ave.; Cambridge MA
September 25, 2017
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CBRE/NE Lands (Another) Cambridge Exclusive; $500M+ in City Sold/Listed Past Year
September 25, 2017 | Joe Clements
CAMBRIDGE—CBRE/NE Capital Markets cannot seem to get out of mid-Cambridge these days, and that is likely fine by them, with market sources indicating the contingent has closed or landed their fourth listing along Massachusetts Avenue over the past 12 months, most recently negotiating a trade of 625
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Cliffside Commons, Malden MA
September 22, 2017
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Taurus Set to Land Cliffside Commons Via CBRE; 295-Units Could Top $70M
September 22, 2017 | Joe Clements
MALDEN—The “under new ownership” flag is about to fly once again at Cliffside Commons, an upscale apartment building John M. Corcoran & Co. opened in 2000 after demolishing a Star Market at 500 Broadway to make way for the five-story, 295-unit residential project which the Braintree firm then harves
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Westborough Office Park, Westborough MA
September 18, 2017
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Carruth Capital Seen Buying Westborough Office Park from Equus; Deal Could Top $40M
September 18, 2017 | Joe Clements
WESTBOROUGH—Winning bidder of the award-winning Westborough Office Park is Carruth Capital, the homegrown group’s commitment following what is described in one account as a “spirited” process where more than a half-dozen suitors reportedly chased the 384,000-sf opportunity peddled by CBRE/NE on
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