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
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