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• July 29, 2016
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  CBRE Debt/Equity Team Secures $45M For Grossman Project

  July 29, 2016 | Joe Clements

  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

• July 28, 2016
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  Qatari Investor To Pay Near $39M For 311 Summer St.; BRA-Listed

  July 28, 2016 | Joe Clements

  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

• CITCO SIGN, KENMORE SQUARE PORTFOLIO - BOSTON MA
  July 11, 2016
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  Related Beal Pegged as Citgo Sign Boston University Portfolio Winner

  July 11, 2016 | Joe Clements

  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

• July 06, 2016
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  Normandy Cashing in at 300 Baker Ave. Via Newmark to Novaya; Price Range $65M

  July 06, 2016 | Joe Clements

  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

• June 28, 2016
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  Beacon Tabs Eastdil to Sell Hub’s 160 Federal St.; Pricing Could Crest $160M

  June 28, 2016 | Joe Clements

  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

• June 27, 2016
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  LA Company Wins Motor Mart Garage Fight; C&W Exclusive Could Top $160 Million

  June 27, 2016 | Joe Clements

  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

• June 10, 2016
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  Spear Street Seen Paying $87M for Wellesley Gateway Via Eastdil

  June 10, 2016 | Joe Clements

  WELLESLEY—It ended the old millennium as 16 surplus acres of dusty state-owned real estate, but 93 Worcester St. bears a far sleeker profile these days thanks to construction of a 272,550-sf first class office building anchored by Harvard Community Health Plan, a property that came on line in 2000 a

• June 07, 2016
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  Beacon Selling Iconic 177 Huntington Ave. Via HFF; Pricing Could Top $150M

  June 07, 2016 | Joe Clements

  BOSTON—Investors who missed out on last year’s trade of two first class office towers in the city’s Back Bay have a new core opportunity here, with market sources claiming Beacon Capital Partners has opted to divest control over 177 Huntington Ave., the landmark washboard office building serving as

• June 02, 2016
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  True North Buys 244 Value-Add Apartments Via CBRE for $61.6M

  June 02, 2016 | Joe Clements

  WESTWOOD—After a move to core product in 2015, True North Capital Partners has snagged a pair of value-add multifamily deals here and in Somerville, spending an aggregate $61.6 million to secure 156 apartments here along Route 128 plus 88 units, a retail condominium and 77-space parking garage in

• May 31, 2016
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  UBS, Boston Globe Hub Lease Signing Seen as ‘Imminent’

  May 31, 2016 | Joe Clements

  BOSTON—A landmark headquarters lease six months in the making is finally being put to bed, with market sources telling therealreporter.com that a holdup over signage has been resolved surrounding the Boston Globe’s negotiations at Exchange Place in Boston’s Central Business District. Breaking that i

• May 19, 2016
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  Atlas RE Emerges as 4 Liberty Sq. Winner; JLL Listing Could Near $12.5 Million

  May 19, 2016 | Joe Clements

  BOSTON—It is happening again at 4 Liberty Sq., a boutique mixed-use office/retail building about to change hands for the fifth time this millennium, and the JLL-listed asset will bring a record jump pricewise in the trade between two Gotham-based firms. Seller Abramson Brothers Inc. paid Synergy Inv

• May 17, 2016
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  Jamestown Hires Boston Realty Advisors to Sell Core-Plus Newbury St. Asset

  May 17, 2016 | Joe Clements

  BOSTON—There is a two-for-one opportunity awaiting CRE investors scouring New England’s most renowned retail district, as Jamestown has retained Boston Realty Advisors to market 286-288 Newbury St., a 9,350-sf mixed-use asset comprised of abutting 19th century Brownstones whose physical similarities

• May 16, 2016
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  Campanelli Tabs Newmark to Lease Norwood ‘Jewel,’ Sell Heritage II, Quincy

  May 16, 2016 | Joe Clements

  NORWOOD—Having brought North Quincy’s 518,000-sf Heritage Landing from zero to almost 80 percent occupancy, Campanelli is now reviving another “ghost building” in the resurgent Route 128 South office market, launching a full-scale renovation of 193,000 sf at Upland Woods where Covidien bought out of

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