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
BOSTON—For a non-descript, renovated warehouse set on a half-acre of landfill from the Great Boston Fire of 1872, 51 Sleeper St. is getting plenty of attention these days, its main selling point being at the gateway of the Hub’s booming Seaport District, and that strong suit is spurring the asset’s
BOSTON—With the holiday season at hand, investors are already gearing up for a 2014 CRE spending spree in Greater Boston, and two Blackstone deals are leading the frenzied throng, as Shorenstein Properties has reportedly tied up Center Plaza in the heart of Government Center for more than $305 milli
BOSTON—Trade events rarely spark dancing in the aisles, and at Wednesday’s NAIOP/SIOR 2013 review and preview of the 2014 CRE campaign, there were again few signs of emotion beyond standard polite applause among nearly 350 attendees packing the Seaport Hotel ballroom. But considering largely posit
CAMBRIDGE — Three years after opening, the Veritas Hotel at Harvard Square has changed hands for $13.0 million. Records indicate the buying entity is connected to Dr. Gerald L. Chan, the wealthy industrialist who has been buying up commercial real estate at a voracious clip, with a focus on Harvard