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• September 10, 2013
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  Unitarians List HQ for Sale through Boston Realty Advisors; Frenzy Seen for ‘Irreplaceable’ Assets

  September 10, 2013 | Joe Clements

  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

• September 04, 2013
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  Normandy Sells 99 Summer St. Tower to Cornerstone for 2013 Hub Record $110.8 Million

  September 04, 2013 | Joe Clements

  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

• September 02, 2013
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  Davis Cos. Landing at Tower Point, Seen Paying $43 Million-Plus to Meritage

  September 02, 2013 | Joe Clements

  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

• August 27, 2013
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  Invesco Seen Selling ‘Jewel Box’ Gem to Clarion in $54M Hub Office Building Exchange

  August 27, 2013 | Joe Clements

  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 &

• August 19, 2013
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  Equity To Sell Cambridge Asset; Pricing Could Hit $200M for Riverview Center

  August 19, 2013 | Joe Clements

  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.

• August 17, 2013
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  Hub Move Seen Possible for John Moriarty Associates; Paying $8M for One Lewis Wharf

  August 17, 2013 | Joe Clements

  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

• August 02, 2013
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  Morgan Stanley Buys Out Equity Office at One PO Square; Pricing Seen Near $545 Million

  August 02, 2013 | Joe Clements

  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

• July 24, 2013
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  Davis Cos. Buying Burlington Centre for $110M as TA Seen Winning 25 Mall Rd. at Hefty $77M

  July 24, 2013 | Joe Clements

  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

• July 22, 2013
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  Cornerstone RE Tabbed as Buyer of 99 Summer St.; Eastdil Listed Tower Could Top $110M

  July 22, 2013 | Joe Clements

  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

• July 19, 2013
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  Fannie/Freddie Reform a Wise Choice

  July 19, 2013 | James M. Murphy

  BOSTON—It’s hard to believe that five years have passed since our nation’s devastating real estate crisis. After a multi-billion dollar taxpayer bailout to mortgage giants Fannie Mae and Freddie Mac, the two companies—more accurately, government sponsored enterprises (GSEs)—are posting record profit

• July 10, 2013
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  RBJ officeSTATus: Greater Boston Net Absorption Up 2.6 MSF Since Mid-2012

  July 10, 2013 | Joe Clements

  BOSTON—It is all good—or nearly so—for the region’s office market, according to a mid-year review by Richards Barry Joyce & Partners that has only a fraction of submarkets posting negative numbers, and even those red results should be presented with a degree of optimism, according to RBJ Senior VP o

• July 09, 2013
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  Related Beal Pegged as Buyers of Fidelity HQ; CBRE Listing Agent of 343,000-SF Hub Asset

  July 09, 2013 | Joe Clements

  BOSTON—The longtime headquarters of Fidelity Investments, encompassing an entire block in Boston’s Financial District, is being purchased by a partnership of the Beal Cos. and Related Cos., sources are relaying to therealreporter.com. “I’m told they have it under agreement,” one source says of the o

• June 26, 2013
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  Cambridge Lab Market Regains Aura - Space Tightens

  June 26, 2013 | Joe Clements

  CAMBRIDGE — These days, this city’s biggest commercial real estate competition appears to be internal, at least when it comes to the struggle to find space in the ever-tightening East Cambridge district. The latest bioSTATus review from Richards Barry Joyce & Partners says demand for office space

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