BOSTON — Building Impact, a homegrown organization that simplifies the giving back process by bringing volunteer events and donation drives directly to offices and apartment buildings, held its Second Annual Non-Gala Fundraiser and Celebration recently, and like last year, the emphasis was on food,
BOSTON—The Mount Vernon Co., among metropolitan Boston’s most active CRE investors and best known for creating a mixed-use oasis in Allston, has bought a hotel and multifamily building at 40 Berkeley St. in a revamped YWCA dormitory in the city’s South End. The off-market acquisition from former
CAMBRIDGE — Terms were not disclosed, but those behind a $65 million leasehold mortgage from The Hartford Life Insurance Co. on 40 Landsdowne St. were attractive enough to win the business of Forest City Enterprises and Health Care REIT Inc. on a refinancing arranged by Colliers International. Vice
MEDFORD—Two Class A office buildings inside Route 128—including a Cambridge asset on the market for barely a month—are being acquired by prolific real estate investor Colony Realty Partners, sources are telling therealreporter.com. The firm which has bought and sold multiple properties across
CHELMSFORD — USAA Real Estate Advisors is on the verge of reaping its anticipated upside at 300 Apollo Dr., the 290,000-sf office building put on the block last autumn through Cassidy Turley amid industry chatter that the fully leased asset could deliver close to $40 million, or about $137 per sf.
BOSTON—Having another Fort Point Channel landlord take advantage of rising demand for a stake in the white-hot urban waterfront district is no great surprise, but 51 Melcher St. being offered up for sale is a bit unique given that Synergy Investments has a reputation for long-term ownership of its
Boston, MA - Over 475 CRE professionals put aside their game faces and packed the Intercontinental Hotel last Thursday night to rub elbows with the competition and fete the winners of the Commercial Brokers Association 2013 Achievement Awards. David Fitzgerald of CBRE New England walked away with
BOSTON — A multifamily gem—architecturally and financially—has changed hands here in a $4.5 million sale negotiated by Boston Realty Advisors that equates to an impressive $562,500 per unit. Buyer Monaf Alyassi was represented by Dennis Kelleher of Marcus & Millichap, with BRA’s multifamily invest
BOSTON—The city’s Seaport District is calling yet another global investor to the emerging submarket where hundreds of millions of dollars have already been shelled out on CRE this decade, with the latest infusion coming from RREEF via its pending agreement to acquire
TEWKSBURY — Much like the proverbial battleship, turning around a former Wang Computers facility here has taken time and effort for owners of the 720,000-sf 495 Business Park, especially amidst the choppy economic waters present since a recessionary tide swept across the region in 2008. Now, Texas-
CAMBRIDGE—Backed by a pair of powerful capital partners, King Street Properties has reportedly agreed to acquire two life sciences buildings in the city’s Alewife District, surplus assets being divested by Pfizer Inc. through Cushman & Wakefield. The holdings at 87 and 200 CambridgePark Dr. are expe
BANGOR, ME — A power center here at the gateway to Maine’s bucolic northern kingdom has brought an impressive $26.2 million from its sale by Retail Properties of America through exclusive listing agent HFF Inc. The Bangor Parkade was purchased free and clear of debt by GM Realty of Bangor LLC. “It
BOSTON—In a series of changes significantly altering Boston’s CRE Capital Markets landscape, Executive VP Lisa M. Campoli is departing Colliers International to launch a private real estate firm, while four professionals from NAI/Hunneman Commercial Co. are joining the Colliers investment sales team