PLYMOUTH—John Hancock REIT has emerged as winning bidder for 220 luxury apartments here at the 3,000-acre Pinehills master-planned community in an exclusive listing of CBRE/NE advising its nationally known developer, market sources are telling Real Reporter. Completed by The Hanover Co. in spring 20
BOSTON—The lower the number on a Back Bay street, the higher its value typically proves, or so that notion would appear true in the tony neighborhood’s latest eye-popping transaction where Fisher College has reaped $22.5 million harvesting 10-11 Arlington St. to a private investor through a CBRE/NE
PEABODY—AEW Capital Investments’ fledgling $650 million Fund VIII has planted its flag on the North Shore where $21.7 million was just spent to buy One Technology Dr. in a joint venture with Griffith Properties. The erstwhile home of US Foods Corp. has been transformed into multi-tenanted warehouse
BOSTON— Prescient regional investor Thibeault Development is putting another commercial assemblage here up for sale, and that is good news for Colliers International whose Capital Markets team has already completed two other Hub trades this year for the Everett-based firm which is led by founder Wil
NEEDHAM—The final frame of 2017 is just taking shape, but sales listings are already piled high for the Boston Realty Advisors suburban team which has five fresh Q4 assignments involving a pair of buildings here along the Highland Avenue commercial corridor and two new exclusives each in neighboring
BOSTON—Guggenheim Partners and Jumbo Capital Management are literally beside themselves in growing a nascent Financial District office portfolio here, or so it would appear via reports the investors are buying two conjoined Class B buildings abutting 50 Congress St., the landmark mid-rise that was
SOMERVILLE—Dating to 1870 and situated off McGrath Highway behind a strip retail center, 35 Medford St. might seem an unlikely candidate to foment much in the way of global intrigue, but the non-descript Class B office building proved a popular asset for investors both near and far when DLJ Real Est
BILLERICA—Marking the second super-sized flex/office park trade this season by Brookwood Financial Partners, a 448,700-sf complex spilling into Tewksbury has been bought by Condyne and Westport Capital Partners at a price of $40.4 million. TCG also assisted the joint venture in securing $30 million
Promoted as “a truly exceptional investment opportunity,” the just-completed East Main Street Apartments built here by Campanelli and Thorndike Development is being offered for sale through JLL, leaders of the brokerge firm’s multifamily division have acknowledged.
GENESEO, NY—Already possessing CRE in Gotham and out to Long Island, Boston-based Davis Cos. is moving upstate in the Empire State via the purchase of two shopping center acquisitions this week in metropolitan Rochester, each anchored by a Wegman’s and both exclusives of the Newmark Capital Markets
ALLSTON—Grossman Cos. and Waypoint Cos. are fast-tracking Trac 75 from an ownership position, that their wildly successful 80-unit apartment building at 75 Braintree St. which leased up barely 100 days after marketing began in May. Encouraged by tenant acceptance and amid a CRE investment realm clam
BOSTON—The Hub’s Seaport District continues to attract overseas capital, this time to the gain of a well-known hometown developer who helped transform this office outpost
CAMBRIDGE—CBRE/NE Capital Markets cannot seem to get out of mid-Cambridge these days, and that is likely fine by them, with market sources indicating the contingent has closed or landed their fourth listing along Massachusetts Avenue over the past 12 months, most recently negotiating a trade of 625