BOSTON—Making news on both sides of the continent this week, UrbanMeritage has committed to purchase a 15,800-sf mixed-use property on the treasured first block of Newbury Street from longtime steward C. Talanian Realty, therealreporter.com has learned. UrbanMeritage, which on Sunday in Las Vegas s
BOSTON—Operating partner Synergy Investments is expected to remain in place but five mixed-use buildings in the fantastically revitalized Downtown Crossing district are getting AIG Global Real Estate as their new majority owner while DivcoWest steps aside for a price said to be reaching $175 million
BOSTON—Against the backdrop of this spring’s International Council of Shopping Centers ReCon 2017 convention kicking off today in Las Vegas, UrbanMeritage moments ago launched Advantage Newbury, a $300 million “curated retail program” which its architects proclaim will challenge the conventional app
BOSTON—Earlier this spring, developer William Thibeault harvested a pair of turnaround mixed-use projects in Downtown Crossing and the Financial District to realize $38.5 million on the $6.67 million spent beginning the decade buying 103 Arch St. and 153 Milk St. ahead of the dramatic Beantown
The search to incorporate a restaurant at Ten Post Office Square appears to have served up a pair of restaurateurs wielding a growing reputation for trendy dining in the Hub, Christopher P. Jamison and Mark S. Malatesta. They are the inspirations between such upscale eateries as RAKU at the Godfrey
WALTHAM—Barely four years after buying Totten Pond Office Park here off Route 128 at a consideration of $47 million, TA Associates Realty is offering the three-building, 293,000-sf complex for sale through Newmark Capital Markets, industry sources are indicating to Real Reporter. Pricing amidst the
BOSTON—Oxford Properties has found another place here to park Canadian pension fund money targeting US real estate, and the venue is metaphorically correct in being a 150-stall garage owned by Intercontinental Real Estate Corp. Sources are telling Real Reporter that Oxford has emerged as winning bid
BOSTON—In the highest-profile retail leasing assignment one could ever imagine landing, Faneuil Hall Marketplace steward Ashkenazy Acquisition Corp. has named Boston Realty Advisors exclusive agent to help re-align the beloved Beantown shopping emporium which draws 18 million visitors annually. The
BOSTON—The 1.8 acres opened up by this winter’s closing of Dorchester’s beloved Old Colony House restaurant can deliver nearly 160,000 sf using an FAR of 2.0, industry watchers tabulate regarding the infill parcel Colliers International has sprung onto the market to commence May with, an exclusive a
ACTON—A resilient grocery anchored shopping center held for nearly a quarter-century by Atlantic Management Corp. is up for sale through Newmark Capital Markets, the 74,875-sf Powder Mill Plaza continuing an eventful opening to 2017 for the retail practice division led by Geoffrey Millerd which just
Jumbo Capital Management quickly gained an appetite for flex product in December buying the stabilized 575 University Ave. here, and the homegrown investor has fed that penchant once again in the $14 million purchase of 155,000 sf at 1400 Providence Highway in a trade by Calare Properties following
NEWTON—The icon is gone. KS Partners has traded its 60,800-sf office building here barely three months after naming Boston Realty Advisors exclusive sales agent, the buyer outdueling a feisty challenger with a winning offer of $20.85 million—an eye-popping $343 per sf—or nearly double the $190 per s
DANVERS—DSF Group made what seemed a bold move three years ago shelling out $108.5 million for AvalonBay’s retrofit of the Danvers State Hospital into an eclectic multifamily complex, but now that the Waltham-based investor has decided to harvest its 433-unit project through Newmark’s Capital Market