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
BROOKLINE—Steve Samuels is said to be branching out from his expansive empire in Boston’s Fenway District, with sources claiming the prolific developer is acquiring a high-rise apartment building barely a mile west in bustling Coolidge Corner, a 136-unit property being harvested by Nordblom Co. and
CAMBRIDGE — It might surprise some that CBRE Global Investors has not held an office property here or across the Charles River since harvesting Boston’s 101 Arch St. nine years ago, but the LA-based investment manager has changed all that practically overnight by spending $445 million on the Hub’s 1
WOBURN — After seven years of ownership, KS Partners is offering its regional headquarters here at 130 New Boston St. for sale through exclusive agent JLL, but principal Kambiz Shahbazi says this week his firm has no intention of relocating from the three-story, 55,925-
CONCORD—Normandy Real Estate Partners has already reaped rewards at 300 Baker Ave. since paying $65.0 million in Dec. 2006, carving off a slice of its 77 acres for a medical office building that brought $24.3 million—$486 per sf—last year while another parcel is being traded to a hotel operator. Now
BOSTON—Longtime Financial District investor Brookfield Properties is apparently aiming to keep a partial stake in downtown’s impressive renaissance as it morphs into a 24/7 environment, with market sources claiming the Canadian firm has retained Eastdil Secured to offer a 70 percent share in its
BOSTON—Yet another nimble move by Shorenstein Properties is about to pay off for the San Francisco investor cashing in again on the other coast by agreeing to sell Seaport Center at 451 D St. to a partnership of Commonwealth Ventures and Meritage Properties, firms which have made their own (not so)
BOSTON — They are hardly the first to do so, but bringing yet another Beacon Hill office building to the sales block could prove especially profitable for MassDevelopment, the finance and development agency that helped revive and expand the once-tired state-owned structure at 100 Cambridge St. today
BOSTON — Fresh off the sale of the firm’s two-building office park in Peabody (see story below this page), Aegean Capital appears ready to trade up in a big way, with market sources claiming the New York-based investment group led by industry veteran Constantine Alexakos has tied up a pair of Finan
ANDOVER — Joining equity partner Oaktree Capital in their inaugural venture, $59.5 million spent on 1.04 million sf here at Brickstone Square caps a late-summer surge by KS Partners in three separate office deals nearing $100 million total that bring the Woburn-based firm a bestin- class Route 128
CAMBRIDGE—Its function as a state-of-the-art lab facility will stay the same, but 640 Memorial Dr. is changing hands after decades of ownership by MIT, with market sources claiming Alexandria Real Estate Equities is winning bidder on the 225,000-sf laboratory complex being listed through Cushman &
CAMBRIDGE—It appears CBRE Global Investors is not finished after landing Boston’s 100 High St. office tower last month, with industry sources indicating the CRE investment management firm is on the verge of purchasing a pair of first-class office buildings in Cambridge’s resurgent Alewife neighbor