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
BOSTON — NAIOP Massachusetts held its annual Distinguished Real Estate Awards Gala Thursday night at the Westin Boston Waterfront Hotel to honor four of Greater Boston’s most impactful individuals and their organizations for work not only in the commercial real estate industry but their societal
BOSTON — Two long-held multifamily properties have changed hands here and in Somerville, as an affiliate of the Niles Co. sells 286-288 Chestnut Hill Ave. in Brighton and 136-138 Highland Ave.. in Somerville for a total consideration of $21.2 million. Marketed by CBRE/New England, the Avenues Port-
CRANSTON, RI — Think of it as another way of saving, and $472 per sf spent to secure a ground lease on the 2,900-sf TD Bank here is perhaps more understandable, especially since the investors are hardly alone in the voracious pursuit of netleased real estate, a pattern Marcus & Millichap Vice Presid
WESTFORD — The expanding regional headquarters of software firm Red Hat is being scooped up by Cole Realty Advisors at a price said to be approaching and possibly topping $40 million, sources are telling the Real
BOSTON — For a firm whose handle dates to the stone age, Dinosaur Capital’s signature real estate holding here is a thoroughly modern endeavor, with the firm founded by Mark T. Dufton and Scott I. Oran converting a gasoline station perched between Faneuil Hall and North Station into a new-millennium
BOSTON—Cassidy Turley principal Brian Hines has been covering suburban Boston for more than 30 years, and that magic number that often instills predictability and responsibility among people appears to have rubbed off on the regional office market, which for most of the CRE expert’s tenure has been
BURLINGTON — Another nine-figure office park sale here underscores how the CRE buck continues to stop in this Route128 North stronghold, but according to market professionals, tenants have begun diverting their rent dollars northward along the Route 3 and Interstate 93 corridors that run from Burl-
REVERE — Fresh off brokerage of the landmark Weylu’s Restaurant parcel a mile north on Route One, N A I / H u n n e m a n Commercial Co. has negotiated the sale of another well-known North Shore property in this week’s $10.4 million exchange of 561 Squire Rd., a 119,000-sf shopping center that lost
BURLINGTON — Yet another landmark office asset is hitting the sales block amid a torrent of investor demand for product in this Route 128 stronghold, with industry sources claiming 10 and 20 Burlington Mall Rd. are being made available by Boston Properties through Cushman & Wakefield. The homegrown