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72 Cherry Hill Dr, Beverly MA
June 26, 2017
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RJ Kelly to Pay Brookwood Near $53M for 527,000 SF Flex/Office Space Listed by Colliers
June 26, 2017 | Joe Clements
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
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250 Summer Street, Boston MA
June 22, 2017
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Morgan Stanley to Pay Synergy JV 62M+ for Hub’s 250 Summer St.
June 22, 2017 | Joe Clements
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
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987 Worcester Street, Wellesley MA
June 05, 2017
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Colliers Listing Wellesley Place; Diverse Rt. 9 Project Could Bring $28M
June 05, 2017 | Joe Clements
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
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Marlborough Technology Park, Marlborough MA
June 02, 2017
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KS Seen Paying Normandy $45M+ for Marlborough Tech Park
June 02, 2017 | Joe Clements
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,
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955 Massachusetts Avenue, Cambridge MA
May 24, 2017
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DivcoWest to Pay Brickman $66M+ for 90K-SF Office Building Near Harvard Sq.
May 24, 2017 | Joe Clements
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
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9 Newbury Street, Boston MA
May 23, 2017
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C. Talanian Selling First-Block Newbury Street Gem for $26M to UrbanMeritage
May 23, 2017 | Joe Clements
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
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55 Summer Street, Boston MA
May 22, 2017
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DivcoWest, Synergy Selling 350,000 SF in Hub to AIG for $175M Via HFF Exclusive
May 22, 2017 | Joe Clements
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
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aerial photo by Derek Szabo
May 21, 2017
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UrbanMeritage Launches $300M Avantage Newbury Platform at ICSC
May 21, 2017 | Joe Clements
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
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630 Washington Street, Boston MA
May 19, 2017
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Two (More) from Thibeault Development as Colliers Lists Hub Package
May 19, 2017 | Joe Clements
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
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10 PO Square, Boston MA
May 17, 2017
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Filing Indicates Yvonne’s Owners Targeting 10 PO Sq. for Restaurant
May 17, 2017 | Joe Clements
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
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Totten Pond Office Park, Waltham MA
May 16, 2017
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TA Hires Newmark to Sell 293,000-SF Totten Pond Office Park; Could Near $52M
May 16, 2017 | Joe Clements
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
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125 Lincoln Street, Boston MA
May 16, 2017
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Oxford Properties to Pay Intercontinetal Near $40M for Hub Garage Via Newmark
May 16, 2017 | Joe Clements
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
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Faneuil Hall Marketplace, Boston MA
May 15, 2017
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Faneuil Hall Tabs Boston Realty Advisors As Exclusive Leasing Agent
May 15, 2017 | Joe Clements
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
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