WALTHAM—A glitzy laboratory/office hybrid totaling 201,000 sf is being acquired by Alexandria Real Estate Equities from a partnership of Griffith Properties and Rockwood Capital, CRE sources are indicating to Real Reporter regarding a pact being orchestrated by JLL Capital Markets as exclusive agent
BOSTON—All of a sudden, structured parking has become a darling of CRE investors here, and sources are now detailing to Real Reporter a fresh nine-figure agreement for the Dock Square Garage involving Fortis Property Group, the Gotham-based firm whose winning bid is said to approach $170 million. If
NORWOOD—Middle market CRE investors confronting a summertime dearth of opportunities can find some measure of relief from two separate exclusives introduced through Cushman & Wakefield, listings which will deliver over $50 million total should industry estimates bear out. Owned by Hilco Global, the
BILLERICA—A net-leased flex/office complex whose technology infrastructure is said to rival the best in East Cambridge is being acquired from KBS Advisors by prolific Bay State investors Jumbo Capital Management and Boston Andes Capital via a Cushman & Wakefield exclusive, market sources are
NEWTON—This year’s extended Fourth of July holiday has curbed a considerable amount of commercial real estate activity, but not everyone is frolicking at the beach, or so it would seem amid industry buzz claiming a coveted 126-unit apartment complex tucked inside Route 128 next to the Riverside
CAMBRIDGE—In a mega-$168 million trade that caps off a banner beginning for CBRE/NE’s market-leading multifamily sales team, Heitman Real Estate Capital has changed places with fellow Chicago-based investor Equity Residential as landlord to the Cambridge Park Apartments in this city’s rapidly emer
BOSTON—Amazon.com Inc. has apparently found its Hub home down by the sea, with market watchers telling Real Reporter the Internet giant has committed to lease more than 150,000 sf at 253 Summer St. overlooking Fort Point Channel at the gateway to Boston’s transformational Seaport District.
BOSTON—Venerable residential real estate developer and manager John M. Corcoran & Co. is harvesting a legacy apartment property ensconced in Dorchester’s Adams Square, the 88 units at 725-735 Adams St. being listed via the Capital Markets team at Colliers International. Industry estimates suggest
DANVERS—The majority of a nine-building, 602,000-sf flex/office portfolio straddling this North Shore community and neighboring Beverly is being acquired by RJ Kelly Co. from Brookwood Financial Partners, market sources are indicating to therealreporter.com, with pricing for Cherry Hill Park
BOSTON—With two office buildings already in tow and a third pending conquest for nearly $270 million total, Morgan Stanley is making a big play in Cambridge’s Alewife section, but the interest is not limited to that emerging business cluster, with market watchers claiming the real estate investment
WELLESLEY—Route 9 office/retail hybrid Wellesley Place stumbled earlier this decade when the overleveraged 25,000-sf building was pushed into foreclosure, but repositioning by a regional investor after its $7.1 million auction purchase in 2014 has steadied the two-story asset enough some market
MARLBOROUGH—KS Partners is taking on a large swath of this resilient MetroWest community where a rough beginning to the decade has improved into a vibrant recovery, a climate under which the investment firm led by founder Kambiz Shahbazi has emerged as winning bidder for Marlborough Technology Park,
CAMBRIDGE—DivcoWest is moving up in the world—or up Massachusetts Avenue, at least. The group hailing from San Francisco which has already taken Kendall Square by storm with a stream of adroit trades this decade is reportedly aiming to buy a first-class, 95,000-sf office building on the edge