Boston
High Water Mark Reached with $300M El Segundo Buy?
Boston-based Intercontinental Real Estate Corp. acquired Apollo at Rosecrans, a four-building creative office campus in El Segundo, CA. Atlanta-based Invesco… Read more
Blackstone Continues Boston Divestiture with $139M Sale
Blackstone Group LP has sold Boston’s Fiduciary Trust Building to Deka Immobilien Investment GMBH of Frankfurt. The buyer paid $139… Read more
Old Navy Brings Millennium Boston’s Retail to Capacity
A 29,000-square-foot deal inked by Old Navy has successfully brought the 335,000-square-foot retail component of Millennium Tower Boston to capacity.… Read more
KBS Acquires Boston Asset for $21.7M
An affiliate of Newport Beach, CA-based KBS Real Estate Investment Trust, Inc. sold 200 Exchange St. to Boston-based Berkeley Investments, Inc. for… Read more
Happy 99th Birthday, I.M. Pei
Ieoh Ming (I.M) Pei is celebrating his 99th birthday today. Pei, a renowned architect, is best-known for designing the Bank… Read more
$315M LondonHouse Sale Breaks Chicago Record
Union Investment Real Estate, an investment manager based in Hamburg, Germany, has acquired the 452-room LondonHouse on North Michigan Avenue… Read more
Mesirow Pays $80M for Alta Stone Place in MA
Mesirow Financial acquired the 212-unit Alta Stone Place Apartments near Boston from Wood Partners. The Chicago-based buyer paid $80 million for… Read more
CBRE Closes in on Salesforce Tower Space
Los Angeles-based CBRE Group Inc. is reportedly in talks to take roughly 42,000 square feet of space at the $1-billion,… Read more
Skanska Sells Boston’s 101 Seaport for $452M
Swedish company Skanska has sold its 101 Seaport office development in Boston to Union Investment Real Estate GMBH for $452… Read more
Unsettling Investment Environment Forcing Institutional Change
An unsettling global investment environment is forcing change among central banks, sovereign wealth funds (SWFs) and government pensions, according to… Read more
Caruso Reveals Refined Vision for Palisades Village
Los Angeles-based Caruso Affiliated unveiled its updated vision for Palisades Village, a 116,000-square-foot redevelopment in Pacific Palisades. The retail developer… Read more
Boston’s Eastdil Team Shifts to Cushman & Wakefield
Three members of Eastdil Secured’s Boston office – the capital markets team – have left to join Cushman & Wakefield.… Read more
$28M Low-Income Fund Closed
Michel Associates, Ltd., based in Boston, MA has closed on its $28 million, Countryside Corporate Tax Credits Fund XXIII, a… Read more
Mass. Banks Sign $31M Merger Agreement
Independent Bank Corp. (parent of Rockland Trust Co. in Rockland, MA) and New England Bankcorp Inc. (which owns and operates… Read more
Rick Latini Promoted to Chief Engineer with Howard Stein Hudson
Howard Stein Hudson (HSH), headquartered in Boston, has promoted civil engineer veteran Rick Latini to the position of chief engineer.… Read more
Cresa Names Underhill to Lead Tenant Rep Firm
After being appointed as an advisor to Cresa’s Board of Directors in September 2015, James Underhill returns to his tenant representation roots… Read more
Central Park Tower Sells for $84M
Central Park Tower, a 297,672-square-foot office building in Broomfield, CO, sold for $83.5 million to GEM Realty Capital, based in… Read more
Ratkovich Reveals $100M San Pedro Public Market Plan
Los Angeles-based The Ratkovich Company (whose COO and EVP, Clare DeBriere, is speaking at Connect Retail West on March 16th)… Read more
Boston Hotel Sells to Blackstone for $75M
Blackstone Group LP has purchased the 178-room Club Quarters Hotel in Boston for $74.4 million, which equates to $423,707 per key.… Read more