SOMERVILLE—A 41-unit apartment building near Tufts University is the latest conquest of prolific CRE investor Dr. Gerald Chan, with his Newton-based company paying $13.3 million for 119 College Ave. in an exchange orchestrated by NAI/Hunneman Commercial Co. representing a private family partnership
BOSTON—The shifting sands of talent among commercial real estate services companies shows no signs of letting up, with the latest changes representing a major boost to JLL’s retail operation in the hiring of experts Christopher Angelone and William Moylan from CBRE/New England where they had been
ANDOVER—Spear Street Capital is taking its New England real estate portfolio out a notch here to Interstate 495 North where the California-based investor has agreed to buy Minuteman Park from J.P. Morgan Asset Management and Brickstone Properties. Totaling over 950,000 sf, the business complex set
WAYLAND—In a major retail trade catching a few observers off guard, Zurich Alternative Asset Management has acquired Wayland Town Center for $68 million from a partnership of KGI Properties and J.P. Morgan Investment Management. Among metropolitan Boston’s largest suburban transactions of its type
PEABODY — Fresh off this past week’s purchase of a threebuilding industrial complex in Wilmington, Novaya Real Estate Ventures reportedly has another northern suburban asset in its sights, that being One First Ave. in Peabody which is being marketed for sale by Cushman & Wakefield on behalf of Para
BOSTON — Charlesgate Realty Group has been retained as exclusive listing agent to market 178 North St. in the city’s historic North End neighborhood, officials for the Boston-based real estate brokerage firm have announced. The nine-unit multifamily property has been family owned and occupied for
BROCKTON—Preparing to expand the firm’s urban retail footprint, Bierbrier Development of Lexington has successfully completed its trade of Montello Plaza, a 64,500-sf Super Stop & Shop and gas station located at the juncture of Routes 28 and 37. The property which serves consumers on Brockton’s nort
WALTHAM—In a blockbuster suburban deal shaking up the normally torpid summer investment sales season, Intercontinental Real Estate Corp. has reaped $104.2 million for a 182,000-sf laboratory and office building located here along Route 128. A partnership of King Street Properties and Carlye Group na
MAYNARD—Barely three months after taking over the iconic Clock Tower Place mill office complex here, a partnership of Artemis Real Estate Partners and Saracen Properties has landed their first major tenant. Stratus Technologies has signed on for 102,325 sf in an agreement negotiated by exclusive lea
BOSTON—Yet another high-profile local investor is grabbing a stake in the rapidly evolving South End neighborhood along Harrison Avenue, with industry sources indicating the Davis Cos. has emerged as winning bidder for the headquarters of Action for Boston Community Development being harvested throu
NORTH READING — Turns out the DTZ Capital Markets team did not have to look very far to find a taker for their exclusive listing at 400 Riverpark Dr., the 144,000-sf office building owned by DivcoWest and Taurus Investment Holdings. That is because the latter group opted to buy out its partner at a
BOSTON—Introductions are apparently not needed for another downtown office building trade involving Synergy Investments, as the same Japanese capital that earlier this year snagged two properties from the homegrown investor has emerged as winning bidder for 2 Oliver St. at a price said to be “just
CHELSEA—A decade or so ago, any institutional investor opting to buy real estate in this thickly settled community on Boston’s northern edge might have been institutionalized, the city with a legacy of corruption and disinvestment having been forced into receivership in its darkest hour. An ambitiou