NORTH READING — Turns out the DTZ Capital Markets team did not have to look very far to find a taker for their exclusive listing at 400 Riverpark Dr., the 144,000-sf office building owned by DivcoWest and Taurus Investment Holdings. That is because the latter group opted to buy out its partner at a
BOSTON—Introductions are apparently not needed for another downtown office building trade involving Synergy Investments, as the same Japanese capital that earlier this year snagged two properties from the homegrown investor has emerged as winning bidder for 2 Oliver St. at a price said to be “just
CHELSEA—A decade or so ago, any institutional investor opting to buy real estate in this thickly settled community on Boston’s northern edge might have been institutionalized, the city with a legacy of corruption and disinvestment having been forced into receivership in its darkest hour. An ambitiou
WALTHAM—The erstwhile BayBanks operations center, a ghost of Boston business past, is being offered up for sale through HFF in what one expert calls “a big-time value-add opportunity” encompassing 303,000 sf. The two connected buildings at 1025 and 1075 Main St. are in a corridor along which Waltham
ANDOVER—Leggat McCall Properties and Long Wharf Real Estate Partners have completed their lucrative loop overhauling two office buildings here at Woodland Park Corporate Center via the $12.9 million sale of 600 Federal St. to Grander Capital Partners listed exclusively through HFF. Financing of $18
ANDOVER—Boston Realty Advisors has completed a large multifamily sale north of Boston in the $19.7 million trade of Casco Crossing at 168 River Rd. The four-building, 96-unit complex was acquired by Jones Street Investment Partners of Hingham and backed by $14.7 million in Leader Bank financing arra
ANDOVER—Boston Realty Advisors has completed a large multifamily sale north of Boston in the $19.7 million trade of Casco Crossing at 168 River Rd. The four-building, 96-unit complex was acquired by Jones Street Investment Partners of Hingham and backed by $14.7 million in Leader Bank financing arra
BOSTON—In another sign of Boston’s rising popularity for all CRE product types, Rockpoint Group has agreed to buy the Renaissance Boston Waterfront Hotel at 606 Congress St. in the city’s Seaport District, industry sources are telling therealreporter.com, with anticipated pricing pegged by one exper
WILTON, CT—Continued interest in Connecticut retail has resulted in the $9.9 million purchase by a regional investor of a boutique shopping plaza anchoring Wilton’s downtown district. Town Green at Wilton Center is located at 101 Old Ridgefield Rd. in this affluent Fairfield County community that is
BOSTON—Prolific non-profit development and housing group The Community Builders is taking advantage of investor interest in metropolitan Boston commercial real estate by offering up its longtime home at 95 Berkeley St. for sale through Colliers International. Some estimates peg potential pricing for
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