BOSTON—All of a sudden, there is more to love—or at least to buy—in 40 Broad St., the hulking Class B office building TIAA-CREF earlier this year hired Eastdil Secured to bring in a minority partner for, offering a 49 percent share to a property the pension fund spent $110 million to secure in May 2
BOSTON—In a deal that would rock an already evolving central business district, the Boston Globe is said to be negotiating with Exchange Place to move from its landmark home on Morrissey Boulevard on the outskirts of downtown to the 40-story Financial District tower at 53 State St. The publication
BURLINGTON—The harsh stretch which darkened 70 Blanchard Rd.’s doorstep in the early 1990’s real estate bust faded long ago, and its steady performance in the ensuing decades are about to pay off for E&F Realty Associates. The private investment firm which adroitly scooped up the 107,400-sf office
BOSTON—Another Seaport District office tower is being put up for sale. Industry sources claim Skanska USA has hired Newmark Grubb Knight Frank to divest its just completed 101 Seaport Blvd. building that industry whispers say could eclipse a whopping $1,000 per sf.
MALDEN—A “fortress-like” bank building next to city hall and across from a major transportation center is being put up for sale through HFF’s Capital Markets group, industry sources are telling therealreporter.com. Managed by Gramercy Real Estate on behalf of KBS Realty Investors, 200 Exchange St.
NEWTON—KS Partners has completed a pair of real estate purchases here and in neighboring Watertown, paying an aggregate $16.9 million for the properties, $11.3 million on the Chapel Business Center outside Newton Corner that is barely two miles west of the Watertown buy involving two buildings and
BOSTON—Fifteen Broad St. is the latest Hub office asset being put up for sale, its listing coming after eight years of ownership by Broder Properties, with CBRE/New England retained to peddle the 73,500-sf “jewel box” building that is 100 percent occupied and has a cachet one observer terms “except
WESTWOOD—Despite an amped up search using Oklahoma brokerage firm Stan Johnson Co. teamed with homegrown Boston Realty Advisors, a local investor has beat out heavy competition from a national stage to acquire Steward Healthcare System’s regional operations center at 30 Perwal St. The $13.0 million
BOSTON—Akelius Real Estate Management is landing on Boston’s shores in a big way via the Swedish investment group’s pending purchase of a newly constructed Seaport apartment building being sold by Lincoln Property Co. via CBRE/NE for a price rumored “in the ballpark” of $150 million, according to on
BOSTON—In yet another eye-catching Seaport District commercial property ownership shift, Bentall Kennedy has agreed to acquire a portfolio of office buildings and parking garages put on the block this summer by Berkeley Investments through the Capital Markets platform led by Robert E. Griffin Jr.,
BOSTON—It was a transformational property for the Seaport District from its very conception, and now the developers of One Channel Center are reaping the rewards in a big way after agreeing to sell the State Street Bank headquarters to Tishman Speyer in an exchange being handled by the Capital Mar
BOSTON—A popular art deco office building dating to the 1930s and reborn this millennium as a data center hub has computed into a big windfall for Beacon Capital Partners following its sale to a New York investment group, with 230 Congress St. trading for $77.0 million barely two years after being a
LEXINGTON—The British would be envious of the Hamilton Co.’s triumphant record here in the ongoing fight for metropolitan Boston apartment properties, with the Boston-based operation picking up its second project on Worthen Road—a thoroughfare in the heart of the famous Revolutionary War tilt that