BURLINGTON—Two Class A office buildings overlooking Route 128 are the latest suburban assets to garner national interest in what is becoming an unexpectedly vibrant start to the 2013 CRE investment campaign, with Piedmont Property Group emerging as the winning bidder at a price approaching $70 mill
BOSTON—Buyers eager for Newbury Street real estate can do a double-take thanks to a fresh opportunity coming available in the final stretch of Boston’s famed boulevard, between Hereford Street and Massachusetts Avenue. Boston Urban Partners has begun marketing 324 and 330 Newbury St. on behalf of
NEWTON—In a fast-moving deal that should send a message on the deep desire for suburban Boston office product, Hines has reportedly outlasted stiff competition to win the bidding on Riverside Center, A 508,000-sf first-class complex situated next to an MBTA Green Line trolley connecting to downtown
BOSTON—Thursday night’s 2012 Commercial Brokers Association Achievement Awards at the Intercontinental Hotel was a bit like watching some notable Oscar presentations of yore, as Cassidy Turley FHO co-founder Joseph P. Fallon played the part of long neglected director Martin Scorcese, who in 2007-
QUINCY — The City of Presidents has always embraced its rich past, but two empty office buildings being listed for sale by CommonWealth REIT are being promoted as beneficiaries of a promising future that could help restock 356,000 sf at Heritage Landing I and II. Cushman & Wakefield’s Capital Market
NEWTON—Prime pickings coveted by commercial real estate investors have been a bit slim at the outset of 2013, but one of the leading inner suburban addresses is being listed by Cushman & Wakefield’s Capital Markets Group on behalf of TA Associates Realty, according to industry sources who predict
CAMBRIDGE — With millions of square feet of office and lab construction underway in Kendall Square, Cambridge residential developer Paul Ognibene of Urban Spaces maintains he has scored a development coup with his latest project—a six-story, 115-unit apartment complex in the heart of the life scienc
BOSTON—Barely two years after buying 9-11 Beacon St. near Boston Common for $16.0 million, DivcoWest has harvested the historic 147,000-sf office building for $34.9 million to Synergy Investment. The deal that was backed by $23 million in financing from Eastern Bank was negotiated by Jones Lang LaSa
BOSTON—Renowned hotel developer Carpenter & Company is said to have tied up prime development parcels at the Christian Science Plaza on Huntington Avenue, industry sources are relaying to therealreporter.com. By one estimate, the 800,000 sf that can be produced on the two sites could be in the $650
BOSTON — Synergy Investments will need to be awfully busy in 2013 to match the hyperactive buying pace of last year, but the Boston-based firm is wasting little time ramping up its new campaign. Industry sources claim the firm is deep in negotiations to acquire 11 Beacon St., the 150,000-sf office b
SOMERVILLE — With nearby East Cambridge rents on the rise and available space predicted to begin disappearing, value add investors like Brian R. Iammartino are exploring opportunities in Boston’s so-called Inner Suburbs—such as the 49,000-sf office building at 35-37 Medford St. which the cofounder
WOBURN—A pair of office buildings in the MetroNorth Corporate Center is being listed for sale through Holliday Fenoglio Fowler by owners National Development and UBS, industry sources are indicating to therealreporter.com. The Class A properties that total 225,000 sf are being joined with a free-
BOSTON — Checking off lists and wrapping things up this holiday season, commercial real estate deals are being delivered by the sleighful over the remaining two weeks of 2012. Activity is so frenetic that some consider the pace unprecedented, among them Cushman & Wakefield New England Area President