BRIGHTON—Completing a $10.0 million exchange, footwear titan James S. Davis has wrested control of the last independently owned property on Guest Street, a gritty boulevard being repositioned for a major mixed-use overhaul anchored by his New Balance headquarters. Boston Landing LLC paid
CAMBRIDGE—Someone has finally found a price high enough to wrest the Porter Square Galleria away from KS Partners, as evidenced in a $35.55 million exchange completed today between the Woburn—based investor and CBRE Global Capital. The transaction negotiated through Holliday Fenoglio Fowler is more
BOSTON—The beginning may be near for 888 Boylston St., with market sources claiming Prudential Center owner Boston Properties has an office tenant in tow that would enable the proposed 17-story, 442,000-sf building to proceed. Market sources claim Natixis Global Asset Management, a French conglomer
NEWTON—In a listing that suggests 2014 is starting off as briskly as the prior year ended for New England’s investment sales sector, CommonWealth REIT has retained Cushman & Wakefield to peddle a super-sized portfolio of Northeast assets for a target price in the $100 million range
NEWTON—An anticipated rental spike along Route 128 may be unsettling to office tenants, but the trend is fomenting national ardor for properties along the famed beltway, a demand being accommodated in a 492,000-sf portfolio here and in Dedham being offered by Normandy Real Estate Partners through Ho
UXBRIDGE — An adventurous year for Cushman & Wakefield’s retail investment sales team is wrapping up here and north of the border in Vermont where a pair of shopping centers in vastly different conditions are being sold in Burlington and Rutland. Collectively, the three separate transactions account
MALDEN — It took just a few days after putting $1 billion firmly in their sights for the CBRE/New England multifamily sales team to crest that imposing figure in 2013 volume, with the $60.0 million exchange of Cliffside Commons apartments here last Friday doing the trick. The pending achievement was
LOWELL — The booster slogan promises ‘A Lot to Like About Lowell’, and Farley White Interests is about to get a lot to lease there as well after reportedly agreeing to buy 1001 Pawtucket Blvd. from longtime owner Winstanley Enterprises. Being quietly exchanged via Cassidy Turley, the hulking 800,000
READING—Reading Commons has found a buyer in an offshoot of JPMorgan, as the New York-based investor shells out $63.1 million to secure the upscale apartment complex overlooking Interstate 93 10 miles north of downtown Boston. Jones Lang LaSalle completed the exchange on behalf of
WELLESLEY—A garden-of-eden style apartment complex in this upscale suburb has fetched what one might expect—a big price—in its $25.6 million exchange from Eastern Development to a Newton firm rapidly expanding its residential portfolio. Universal Properties is now separately targeting Weymouth Place
BURLINGTON—R.J. Kelly Co. is making up for lost time—fast—in a campaign to increase its CRE holdings here, with the hometown operation on the verge of buying 10 and 20 Mall Rd. from Boston Properties for approximately $30 million, a deal being negotiated through Cushman & Wakefield. Expected by year
BOSTON—A Gotham-based investor has acquired One Washington Mall, an older but supremely located office building sandwiched between the Hub’s Central Business District and Government Center. Being listed through Jones Lang LaSalle, the 17-story, 156,000-sf property traded for $56.7 million, according
NEEDHAM — The former Gold’s Gym at 130-150 A St. is hardly a work of art visually and is presently vacant, but that does not keep Boston Realty Advisors principal Jeremy A. Freid from dreaming of a similar outcome to the 39,600-sf building as occurred in two prior trades handled in the Newton/Need