WALTHAM—The tide is rising quickly for this office market stalwart that was battered by the 2008 recession which hit Route 128 just as more than one million sf of new Class A product was being delivered to the city, an untimely fate for the likes of 266 and 275 Second Ave. Taken back by John Hancock
PEABODY — C o m b i n e d Properties has announced that loyal tenant Converge has signed on for another stint at 4 Technology Dr. a first-class flex/office building in Centennial Park. Sporting locations worldwide, the Arrow Electronics subsidiary has operated its global headquarters in Peabody
CONCORD—Easy come, easy go—such appears to be the case for 330 Baker Ave., the 50,000-sf facility being constructed by Normandy Real Estate Partners on behalf of Harvard Vanguard Medical Associates. Even before the building’s completion in mid-June, Normandy is angling to harvest the net-leased prop
BOSTON—Meritage Properties principal Andrew Nathan says putting Tower Point at A Street on the block this week “was one of the toughest decisions” he has ever made regarding a commercial real estate holding. A combination of the fund that bought the 155,000-sf structure for $32 million five years
ARLINGTON — The $32.4 million purchase of 250 apartments at two properties in this Boston bedroom community is a multifamily family affair in more ways than one, as Sycamore Property Management founder Sean Wilder has teamed up with father-in-law Andre Danesh to secure the off-market deal backed by
ARLINGTON — The $32.4 million purchase of 250 apartments at two properties in this Boston bedroom community is a multifamily family affair in more ways than one, as Sycamore Property Management founder Sean Wilder has teamed up with father-in-law Andre Danesh to secure the off-market deal backed by
BOSTON—A stylish five-story residential building in the Hub’s equally trendy Fenway neighborhood is being offered for sale through Boston Realty Advisors. The 22-unit structure is presently vacant following a fire, an ordeal that with the smoke cleared provides an “unsurpassed” chance to buy a prim
NEWTON—Financed by Belmont Savings Bank, a veteran luxury homebuilder has plunked down more than $2.52 million to secure a prized site in the Needham Street corridor, setting the stage for a new retail project at the landmark former home of Salett’s Meat Market. The 27,000-sf property at 170 Needham
BOSTON — An exquisite example of the Hub’s treasured “jewel box buildings” is being brought to market for sale through Holliday Fenoglio Fowler on behalf of a partnership even older than the 103-year-old structure at 50 Congress St. now being made available. The legendary Nordblom family is long
QUINCY — Campanelli has again brought its textbook value-add strategy to a logical conclusion in the signing of Cambridge Savings Bank to a 2,600- square-foot lease at 300 Crown Colony in Quincy, a commitment that puts the first-class office property at 100 percent occupancy. CSB is using the proper
BOSTON—Launching a new $200 million fund focused on a familiar venue—Newbury Street—a partnership between Novaya Real Estate Ventures and UrbanMeritage has scored its first investment after paying $10.0 million for 79 Newbury St., a five-story, 7,225-sf building in the lower tier of the famed shop
WOBURN—One of the crown jewel’s of National Development’s regional real estate portfolio is about to be sold to a familiar face, as Angelo, Gordon & Co. has been tabbed the winning bidder for Metro North Corporate Center, a four-building, 250,000-sf property set along Interstate 93. Being negotiated
CAMBRIDGE—One of Harvard Square’s most prominent buildings has changed hands at a mind-boggling price cresting $1,600 per sf, scooped up by a foreign investor in an off-market transaction orchestrated by Boston Realty Advisors. The $33.1 million exchange of 39 JFK St. offers a double dose of déjà vu