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
BOSTON—When selling 16-24 Union Park St., a coveted residential/retail building in the evolving South End, exclusive listing agent Boston Realty Advisors had Mount Vernon Co. at “Hello,” MVC Chairman Bruce A. Percelay recounts following his firm’s $5.42 million purchase that has just closed with $4.
BOSTON—The other shoe has dropped on Bentall Kennedy’s Fort Point Channel CRE splurge, with the institutional investment dvisor and client Multi-Employer Benefits Trust (MEPT) picking up three buildings totaling 220,000 sf from DivcoWest, the visionary San Francisco investor cashing in on 300 A St.
BOSTON—Bringing its CRE holdings secured here to 11 properties in just 21 months, the partnership of Urban Meritage and Novaya Ventures (UMNV) has taken a giant step forth in purchasing the hulking six-story 126 Newbury St. from its longtime New York owner in an eye-popping $54.2 million deal consu
BOSTON—Yet another real estate heavyweight is muscling into the booming Seaport District and its core Fort Point Channel area that is garnering attention from global capital sources near and far, the latestTexas-based Invesco, who has apparently triumphed in a heavily contested process at a price
BOSTON—A six-level parking garage has not sated Bentall Kennedy’s appetite for Seaport District real estate, with the investment advisory giant now piling on its plate three office buildings from DivcoWest where 220,000 sf is changing hands in the $480-per-sf sphere. If market estimates prove accura
BURLINGTON—Cushman & Wakefield’s Capital Markets Group is spending the holiday season wrapping up a monstrous 2014, its two-pronged finale orchestrating agreements for suburban office properties exceeding $70 million combined. CarVal and partner Nordblom Co. acquired Solomon Pond Park in Marlborough
BOSTON—A prized 22-story Government Center office building owned by MassDevelopment is being acquired by Intercontinental Real Estate Corp. of Brighton, according to industry sources claiming the homegrown investor has beaten out a slew of institutional competitors including overseas funds to win
BOSTON—Fifty Staniford St. is about as benign structurally as its name, but that will not prevent an internationally known real estate giant from shelling out a reported $125 million to secure the 10-story medical office building strategically set on the campus of Massachusetts General Hospital, who
BOSTON—Following a heavyweight battle among three real estate titans that has pushed pricing near $555 per sf, an Atlanta REIT has emerged as winning bidder for 116 Huntington Ave., the first-class, 275,000-sf office building owned by Broadway Real Estate Partners in Boston’s Back Bay and being harv
BOSTON — Five firms taking down nearly 30,000 sf at 77 North Washington St. are among a vanishing breed—tenants able to find space in the super-tight North Station business district. According to real estate brokerage firm Avison Young, a frenzy of leasing there has compacted vacancy for 2.55
BOSTON—Institutional capital continues cascading into Boston’s Seaport District as the once-fringe office market emerges into a multi-dimensional LWP hotspot where rents are now among the highest in New England. The latest arrival is powerful pension fund advisor Bentall Kennedy, said to have tied