CAMBRIDGE—Barely four months after its companion property next door yielded $46 million from Texas-based L&B Realty Advisors—a figure eclipsing $735 per sf—1100 Massachusetts Ave. is being acquired by investment manager Bentall Kennedy at a consideration also surpassing the $700-per-sf threshold, so
BOSTON—It appears 2016’s holiday season was not enough to sate the appetite of Jones Street Investment Partners, the homegrown Hingham firm that paid $13.5 million on Friday for Factory 63, a one-time industrial building converted to 38 apartments by Gerding Edlen. Funded by a $9.5 million loan from
NEWTON—KS Partners has selected Boston Realty Advisors as exclusive agent to divest Paragon Towers, declared “the most iconic office building in Newton” by BRA Senior Partner Jeremy A. Freid, SIOR, an assessment he would seem well-qualified to make as a Route 128 Central specialist leading a team
BOSTON—One of the city’s busiest CRE buyers is at it again, with sources telling therealreporter.com that Synergy
ACTON—If one is surprised to see Clarion Partners spending $33.5 million out here in this sleepy MetroWest suburb, consider the community lifestyle center acquired to close out 2016 with a bang has been held over the past decade by finicky TIAA, the pension fund heavyweight whose Brookside Shops leg
SOUTH BOSTON—Akelius US is back where the Swedish-based investor launched an ambitious metro Boston multifamily platform last autumn, its latest purchase being the Carson Tower apartments overlooking that high-rise landmark’s namesake Carson Beach, recreational center for Townies and now also popula
QUINCY—Gerding Edlen’s national development acumen is well-established here, and now the Oregon-based multifamily firm has acquired an existing South Shore apartment high-rise described in one account as a “core-plus” opportunity that yielded $89.5 million after Northwestern Mutual Real Estate tabbe
BOSTON—A winner in the battle for 10 Post Office Square appears at hand, and it is an out-of-town name quickly gaining recognition here, with sources claiming the 13-story, 445,000-sf office building owned by Synergy Investments and GreenOak Real Estate is being acquired by institutional player LaSa
BOSTON—A gleaming Seaport District office tower attractive enough to lure law firm Goodwin away from its longtime home at the corner of New England’s traditional Main and Main in the Financial District is now proving its mettle in the pending sale of 100 Northern Ave. by developer Fallon Cos. and
BOSTON—A Japanese billionaire circling Boston for real estate opportunities has landed a prized two-building Back Bay office package totaling 825,000 sf in a fast-paced process being conducted for Liberty Mutual Insurance Co. by Newmark’s Capital Markets team, industry sources are telling therealrep
BOSTON—Fresh off its purchase of a nine-building Kenmore Square portfolio whose centerpiece is the landmark Citgo sign, Related Beal has committed to acquire a well-positioned—albeit less recognizable—commercial property in the evolving Seaport District. Sale of a ground-lease interest at 27 Drydock
BOSTON—The Davis Cos. is coming back to Boston’s Seaport—way back, it seems, with CRE sources claiming the hometown investor has tied up 88 Black Falcon Ave. in a deal being orchestrated for seller Prologis through the Robert E. Griffin Jr. brokerage team which is now at Newmark. The 375,000 sf of i
NORTON—Two years after launching their real estate investment firm focused on Greater Boston, NorthBridge Partners principals Greg Lauze and Dean Atkins have completed a two-step reshuffling of the firm’s portfolio, first in paying $29.3 million on a prized warehouse here south of Boston while sepa