SHREWSBURY—There is something about central Massachusetts piquing the interest of Audubon Capital Partners, or so it would seem given another first-class apartment complex purchase in Greater Worcester by the Boston-based firm whose principals are Brett N. Catlin and Stephen Wise. AvalonBay Communit
BOSTON—Continuing to shuffle its Boston commercial real estate footprint, Synergy Investments has named JLL exclusive agent to peddle 99 Chauncy St. and 101 Summer St., office/retail buildings in the booming Downtown Crossing where residential condominiums are now famously trading for $35 million. T
BOSTON—An ongoing CRE venture between hometown GID and a California pension fund has emerged top bidder for one of metro Boston’s hottest apartment properties, as sources are indicating to therealreporter.com that Institutional Multifamily Partners has agreed to pay nearly $190 million following a
CANTON—Universal Realty Inc. founder Stuart Levey says his firm has not intentionally been on the sidelines the past few years after beginning the decade on a vigorous multifamily buying spree assembling a portfolio in excess of 1,500 across seven southern New England markets, but until Friday when
BOSTON—A partnership led by Paradigm Properties is about to cash in on a nifty redevelopment play at 101 Tremont St., an 11-story, 77,250-sf office retail property across from Boston Common at the gateway to Downtown Crossing which is being acquired by German investment fund GLL HRE Core Properties
BROOKLINE—An infill hotel property perched just outside Kenmore Square is trading to Westbrook Partners for an impressive $325,000 per key, or approximately $74 million, more than double the $35.5 million its current owner paid for the 228-room Holiday Inn at 1200 Beacon St. in Nov. 2007. Newmark is
MALDEN—A freshly minted apartment community here has changed hands less than a year after coming on line in a deal negotiated by CBRE/New England that brought together the Florida-based developer with a local investment firm, DSF Group of Waltham. Backed by $45 million in financing from Axa Equita
SHREWSBURY — One of Route 9’s iconic retail landmarks was demolished this spring, and now Grossman Development Group’s ambitious 375,000-sf mixeduse replacement of the Spags discount emporium is moving forward thanks to a $45 million infusion of equity and construction funding for 100,000 sf of full
BOSTON—The last buyer of 311 Summer St. was across the river in Cambridge, but an investor from a much farther distance—and at a considerably higher price—is acquiring the warehouse-turned-office building in a trade deemed Wednesday by one source to be “imminent,” the result of a global search condu
BOSTON—A Kenmore Square building that serves as home to the famous Citgo sign is among nine Kenmore Square properties being acquired by hometown firm Related Beal, market sources are telling therealreporter.com. An exclusive of Newmark, the listing involves properties that have been in the ownership
CONCORD—Eight-plus years after buying suburban office behemoth 300 Baker Ave. in this bucolic western suburb, Normandy Real Estate Partners has agreed to sell the building to Novaya Real Estate Ventures, with the homegrown opportunity fund on a regional spending spree the past 18 months emerging
BOSTON—Barely a year after buying a majority stake in 160 Federal St., Beacon Capital Partners is offering the 354,000-sf office building for sale through Eastdil Secured, industry sources are telling therealreporter.com. By some estimates, the venerable structure which has undergone s series of upg
BOSTON—If you think paying for Boston parking is expensive, try buying the garage itself. According to sources, an investment group out of Los Angeles has been tabbed winning bidder in a fast-paced competition led by Cushman & Wakefield for the 1,037-space Motor Mart Garage, an exchange expected to