BROOKLINE — The fate of a nondescript gas station set here on the endlessly active corner at Brookline Avenue and Route 9 has taken a fresh twist, having been listed by Boston Realty Advisors for owner Cumberland Farms Inc. in spring 2013 before the client changed course and sought town approval to
CAMBRIDGE — After trading a “mere” $825 million in 2014 for dozens of grateful clients, the CBRE/NE multifamily sales team led by Vice Chairmen Simon J. Butler and Biria St. John is already approaching that mark thanks to an electric end of the opening quarter that has spilled into the second frame
CAMBRIDGE—Prolific real estate investor DivcoWest has reportedly outmuscled a lineup of other heavyweight real estate players to emerge as winning bidder for the ambitious NorthPoint development parcel near the city’s Lechmere District, an expanse at which upwards of five million sf is slated to be
BOSTON—Considering the vast number of hotel projects currently under construction or in advanced planning stages in Greater Boston, this week’s Hotel Equity and Lenders Perspectives (HELP) Conference 2015 hit all the right notes for a constituency eager to soak up the latest in trends and technol
BOSTON—An end game is near for Bentall Kennedy in its tenure at 50 Post Office Square, the landmark Financial District office building converted from the longtime home of Verizon Communications and its predecessors into a multi-tenanted office property over the past seven years. Market sources are
FRANKLIN — Coming off an historic 2014, Eastdil Secured is making strides to have another busy season after negotiating a pair of suburban south building trades here and in Taunton. A pair of local investors made the commitment for both, securing an assemblage of 386,575 sf for an aggregate price of
BOSTON—Hundreds turned out for Cushman & Wakefield’s 2015 ‘Top of the Market’ program this past week at the Four Seasons Hotel where a high-powered roster of attendees not only got a recap of the Hub’s record-setting 2014 investment sales campaign and visit from Governor Charles Baker but also learn
WATERTOWN — A commercial real estate exchange in metropolitan Boston is about as common these days as snowflakes or an MBTA service disruption, but it is unusual to see Legacy Real Estate Ventures parting with one of its prized properties, acknowledges President Michael L. Price following the $3.7
CAMBRIDGE—A powerful lineup of investors including several overseas funds and multiple US heavyweights said to include DivcoWest and domestic REITs ranging from Alexandria Real Estate and BioMed to Boston Properties have been in a pitched battle to take control of the high-profile NorthPoint develop
BEDFORD, NH—The depth of New Hampshire’s retail popularity is being exemplified in a major trade orchestrated by HFF on behalf of the seller, Emmes Asset Management Co. to a Colorado-based investor. Backed by $30 million in financing arranged by HFF, the buyer paid $46.1 million for The Shoppes at
BOSTON—Three months after first being unveiled exclusively by therealreporter.com, Intercontinental Real Estate Corp. has finalized one of the largest commercial real estate investment deals in New England this decade, paying $279.6 million to secure the leasehold interest in 100 Cambridge St., a on
WAKEFIELD—The Richmond Co. has once again proven its acumen in the apartment development arena, harvesting a 114-unit complex at 105 and 109 Hopkins St. on the edge of Routes 28 and 128 at the Reading/Stoneham border. The $25.3 million purchase by True North Capital Partners was orchestrated through
BURLINGTON — Citrix Systems Inc. appears to have found a new place in “the Sun” for its New England headquarters, with Real Reporter sources maintaining a lease is on the verge of being inked here at 15 Network Dr. that will bring the sleek 127,725-sf building close to full occupancy following anoth