BOSTON — Terming them “jewel box” buildings might be a stretch, but a portfolio of downtown properties being put up for sale by KS Partners could be coveted enough to approach $300 per sf, or approximately $45 million, according to market watchers tracking the fresh opportunity. The assets at 225
CHELMSFORD—Nearly three years after converting an empty 290,000-sf office building here into a fully leased, multi-tenanted property, USAA Real Estate Advisors is cashing out on 300 Apollo Dr., having retained Cassidy Turley’s Boston office amid hopes of yielding $40 million for the 26-acre asset th
BROOKLINE—Fresh off its $54.4 million purchase of a jewel-box property in Boston’s resurgent Financial District, Clarion Partners has reportedly agreed to acquire 10 Brookline Pl., a 175,000-sf office building on the edge of the Longwood Medical Area. Represented by Eastdil Secured, a partnership of
WALTHAM — Meditech’s new slogan is, ‘Have you seen us lately?’ Whether that entreatment plays into its latest real estate move is unclear, but motorists traveling Route 128 South will have a hard time missing the software firm’s future headquarters, the gleaming LEED Platinum office building put on
BOSTON—Barely six months after announcing relocation plans to the emerging Seaport District, the Unitarian Universalist Association has put its longtime home on Beacon Hill up for sale, offering through Boston Realty Advisors the exclusive listing on four properties totaling 71,000 sf likely to be
BOSTON—There is a new price leader in downtown office building trades for 2013 following the $110.8 million purchase of 99 Summer St. by Cornerstone Real Estate Advisers. Negotiated via Eastdil Secured on behalf of Normandy Real Estate Partners, transfer of the 20-story, 272,600-sf asset fittingly
BOSTON—The Davis Cos. is staking its claim in Boston’s Seaport District—again—with the prolific real estate investor reportedly agreeing to buy Tower Point from Meritage Properties at a price topping $43 million. Cushman & Wakefield’s Capital Markets Group is divesting the 155,000-sf office building
BOSTON—Another of the city’s historic “jewel box” office buildings is being scooped up, in this instance One Liberty Sq., a 13-story, 157,000-sf Financial District property being harvested by Invesco Real Estate to Clarion Partners for a price estimated in the $54 million range. Listed by Cushman &
CAMBRIDGE—The harvesting of Equity Office’s vast Boston CRE portfolio has found its way here to one of the country’s premier commercial centers, according to sources who are telling therealreporter.com that Cambridge Riverview Center at 245 First St. is being made available through Eastdil Secured.
BOSTON—In a deal that could potentially bring a top-flight construction company to the city, William D. Adams and John J. Moriarty are angling to buy One Lewis Wharf, CRE sources are telling therealreporter.com. A unique office building in the North End, the 16,000-sf structure that sits on the edge
BOSTON—In one of downtown Boston’s most important real estate exchanges of its kind, Equity Office has agreed to sell its stake at One Post Office Square to partner Morgan Stanley for a price said to exceed $500 million, according to an industry source familiar with the asset. As has already been
BURLINGTON—Investment fervor for office product in this Route 128 suburb continues at a blistering pace during the normally torpid summer season, an intense craving among capital evidenced in the pending purchase of Burlington Centre by a partnership of the Davis Cos. and Principal Financial. Eastdi
BOSTON—The owner of a prominent office tower in downtown Boston is selling 99 Summer St. to an affiliate of Cornerstone Real Estate Advisers, CRE sources are relaying to therealreporter.com. The 20-story, 272,600-sf structure has been owned by Normandy Real Estate Partners since that New Jersey base