BOSTON—Goldman Sachs is about to become the latest national real estate entity connecting with Synergy Investments in ownership of a Boston real estate asset, according to market sources maintaining the financial giant is buying a majority stake in 10 Milk St., a venerable Beaux Arts office building
NORWOOD—It is BIG news by any measure, starting with over 220,000 sf leased at 625 University Ave. to close out 2015 in a spurt bringing the hulking 439,875-sf warehouse above 97 percent occupancy. But as exclusive leasing agent Catherine Minnerly explains to Real Reporter, the long-term commitments
SOMERVILLE—Jones Street has intersected with McGrath Highway here in this thickly settled inner suburb, but GPS is of no use in pinpointing their confluence. Middlesex Registry of Deeds would be a better tool locating a freshly minted apartment building at 625 McGrath Highway listed exclusively by
WESTWOOD—Dogged by the lingering recession cloaked over New England’s office landscape beginning in 2008, veteran CRE investor Mark H. Rubin was unable to spin his signature value-add redevelopment magic as planned in buying Southwest Park here nine years ago from Nordblom Co. But while the timing
LYNNFIELD—Marcus & Millichap has picked up a formidable competitor in markets from New England to the deep South—and it comes directly from within. Bright and early this morning, longtime Marcus & Millichap superstars Robert Horvath and Todd Tremblay launched their own brokerage company here on the
BOSTON—Abbey Group, the family run development firm active regionally whose principals are co-owners of the Boston Celtics, is said to be the mystery buyer which has the prized Flower Exchange complex in Boston’s southern flank under agreement, sources are telling therealreporter.com. Tenants of the
BOSTON—If industry estimates bear out, the diagnosis looks upbeat for owner Lexington Realty Trust in listing 147 Milk St. for sale through Colliers International, the latest Financial District mid-rise being made available amidst a frenzied investment climate bringing capital from across the globe
AMESBURY—One cannot shop any closer to New Hampshire and still pay a sales tax than denizens of this northern Massachusetts community, yet Carriagetown Marketplace continues to draw action from both a consumer and investor standpoint, the latest pedigree evident in its pending purchase by a Cincinna
BOSTON—It is known as a shopping center REIT, but Acadia Realty Trust is open to buying other forms of retail, as evidenced in the New York firm’s pending purchase of two retail condominiums in Boston’s transformative Fort Point Channel submarket, part of the larger Seaport District which is seeing
BOSTON— Yesterday afternoon, during Colliers International’s 37th Annual Trends in the Real Estate Market Seminar at the Boston Convention and Exhibition Center, Senior VP Douglas Jacoby prefaced his presentation on the investment sales sector by quipping, “If any of you were here last year and hear
BRIGHTON—Apartment connoisseur Akelius US continues to embrace Boston and the inner suburbs, and that is good news for Boston Realty Advisors, whose multifamily team led by Senior Partner Christopher D. Sower with Senior Associate Jen Price and Maggie Collins have kicked off the New Year on a pair
DEDHAM—KS Partners founder Kambiz Shahbazi doubled down here two years ago in acquiring the firm’s second office building, and now has done that one better after buying 333 Elm St. from Normandy Real Estate Partners, paying $7.82 million to secure the 44,450-sf building that is at 96 percent occupan
MARLBOROUGH—Apartments ala Wheeler Hill here in this resurgent MetroWest city are the final trade of 2015 for CBRE/NE’s multifamily experts Simon J. Butler and Biria St. John, their team concluding a record, industry leading season after cresting $1.5 billion harvested during the past 12 months. In