Boston
Greater Boston Office Sale Activity Hits Three-Year High in Q4 2024
Greater Boston’s office sale volume surged in the fourth quarter of 2024, reaching $708 million for the highest quarterly total… Read more
IPA Facilitates $166M in Financing for Northern Virginia MF
IPA Capital Markets, a division of Marcus & Millichap, has arranged $165.9 million in financing on behalf of the DSF… Read more
“Unique” Value-Add Apartments Trade with Reconstruction Plans
Marcus & Millichap closed the sale of Shore Drive Apartments, a 71-unit multifamily property in Winthrop, MA, for $10,750,000. The… Read more
Apple Acquires Its Boston Store for $88M
Apple Inc. has purchased the Boylston Street property that houses its Back Bay store for $88 million, reported the Boston Business… Read more
Syska Hennessy Adds Three Senior-Level Engineers to Boston Team
International engineering firm Syska Hennessy Group has appointed three senior-level engineers in its Boston office: They include associate partner Michael… Read more
Dynatrace Will Relocate Headquarters to Atlantic Wharf in Boston
Software company Dynatrace said Wednesday that its corporate headquarters is relocating to downtown Boston. The company will move from its… Read more
IPA Capital Markets Arranges $166M Acquisition Financing for NoVa Apartments
IPA Capital Markets, a division of Marcus & Millichap specializing in capital markets services for major private and institutional clients,… Read more
Boston Planning Approves Six Projects to Create 577 Residential Units
The Boston Planning Department board this month approved six new development projects representing approximately 859,726 square feet. Spanning the Boston… Read more
Class B Boston Office Sells in Residential Conversion Target Area
Newmark recently arranged the sale of 10 Liberty Square & 12 Post Office Square, a Class B office building in… Read more
Survey: Hybrid Work Arrangement Now the Norm for Boston Occupiers
A hybrid work arrangement is the norm for most Boston-area employers. That’s the headline conclusion from the Greater Boston Chamber… Read more
Ashford Offloads Courtyard Boston Downtown to Undisclosed Buyer
Ashford Hospitality Trust, Inc. (AHT) said Tuesday it had completed the sale of the 315-key Courtyard Boston Downtown located in Boston for $123… Read more
Medford Apartments Trade at 5.39% Cap Rate
Marcus & Millichap completed the sale of 218-220 Middlesex Ave., a 12-unit multifamily property in Medford, MA, for $3.5 million. SVPs… Read more
Wu Refiles Property Tax Legislation; Bill Would Raise Cap on Commercial Landlords
Boston Mayor Michelle Wu on Monday introduced new legislation to limit residential property tax increases and avoid budget by raising… Read more
Nominate the Year’s Top CRE Sales and Leasing Brokers
Amid a year of uncertainty, the industry’s leading investment sales and leasing brokers got deals across the finish line. Do you… Read more
New Zoning Proposal Would Allow More Towers in Downtown Boston
The City of Boston’s latest zoning proposal for downtown would allow towers to be built on the side of Washington… Read more
Boston Office Market Ends 2024 at Record Vacancy
The Greater Boston office market ended 2024 with an overall vacancy rate of 17.0%, representing a record high and a year-over-year increase… Read more
North Attleboro Apartments Sell Above Asking Price
Marcus & Millichap recently closed the sale of 448 Mount Hope St., a nine-unit multifamily property in North Attleboro, MA,… Read more
Recently Renovated Cape Cod Hotel Changes Hands
JLL’s Hotels & Hospitality group arranged the sale of Parker Beach Lodge, a 50-room, recently renovated hotel on Cape Cod, for an undisclosed sum. A… Read more
American Tower Names Global COO
Boston-based communications REIT American Tower Corporation said Tuesday that Eugene Noel, currently EVP and president of the U. S. Tower… Read more