Boston
National Development Trades Charlestown Parking Garage
Colliers facilitated the exclusive sale of the Nautica Parking Garage, a 297-space structured parking facility at 88 Constitution Rd. in Boston’s… Read more
Newmark Arranges Sale of Watertown Multi-Specialty Complex
Newmark arranged the $32,150,000 sale of 485 Arsenal St., a flagship medical office complex located just west of Boston/Cambridge in… Read more
Gillette Plans Nearly $1B Technical Innovation Center in South Boston
P&G Gillette said Tuesday it plans to purchase 232 A St. in South Boston as the future home of its… Read more
CBRE Arranges Lab Facility Lease Extensions in Wisconsin
CBRE has arranged two 20-year lease extensions totaling 233,694 square feet for Thermo Fisher Scientific’s PPD clinical research business located… Read more
Safehold Ground Lease Facilitates Mixed-Income Somerville Development
Ground-lease REIT Safehold has closed its first deal with Samuels & Associates (S&A) and Mark Development, two Boston-based multifamily developers.… Read more
MassDevelopment Names New Leader in Devens
Michael R. Sweeney will join MassDevelopment later this month as EVP of Devens operations. Sweeney will serve as MassDevelopment’s lead staff person… Read more
$1.2B MBTA Drawbridge Replacement Project Advances
State and Massachusetts Bay Transportation Authority officials gathered with construction union representatives to announce the signing of a project labor… Read more
Small-Bay Industrial Property Garners “Incredible Interest”
Marcus & Millichap finalized the sale of 10 Charlesview Rd., a 9,600-square-foot small-bay industrial property in Hopedale, MA, for $2.05 million. Managing director investments Harrison Klein, along… Read more
Federal Board Recommends Sale of Coast Guard Building on Boston Waterfront
An eight-story waterfront building at 408 Atlantic Ave. on the edge of Boston’s Financial District is one of 11 federal… Read more
Well-Located Neighborhood Strip Center Sells for $11M
Atlantic Capital Partners closed the sale of 18-20 Main St., a fully leased neighborhood strip center located in North Reading,… Read more
Marcus & Millichap Closes Sale of Apartments Near MBTA Station
Marcus & Millichap recently completed the $4-million sale of Pine Street Apartments in Attleboro, MA. Tony Pepdjonovic and Evan Griffith, senior managing directors in Marcus & Millichap’s… Read more
Hasbro to Delay Headquarters Sale Until Relocation to Boston
Hasbro Inc. will delay putting its Pawtucket, RI headquarters up for sale until after the company’s relocation to Boston, the… Read more
Leominster Sale Reflects “Surge” in Worcester County Industrial
Marcus & Millichap closed the sale of 44 Mead St., a 62,259-square-foot, eight-tenant industrial property in Leominster, MA, for $4 million. Managing director… Read more
City of Somerville Issues RFP for Experienced Development Team
The City of Somerville and the Somerville Redevelopment Authority (SRA) have issued a Request for Proposals (RFP) for an experienced development team… Read more
Davis Divests Two Boston-Area Self-Storage Properties to Invesco JV
The Davis Companies closed on the disposition of two self-storage facilities operated by Extra Space Storage, located at 235 N. Beacon St.… Read more
Boston Zoning Approves Final Phase of Three-Hotel Campus
DGH Hotel Partners JV, LLC, a joint venture between Global Hospitality Investment Group and a global investment management firm, has… Read more
Newmark Hires Life Sciences Powerhouse as Executive Vice Chairman
Newmark has hired Steve Purpura, a leading force in Boston’s life sciences market, as executive Vice chairman. Purpura brings more than 30 years… Read more
Massachusetts Awards Nearly $150M in Tax Credits to Create 1,300-Plus Apartments
Massachusetts Gov. Maura Healey announced funding from two programs to jumpstart housing production across the state: approximately $8.4 million from the new Commercial Conversion Tax Credit Initiative (CCTCI) to help… Read more
Mill Creek Breaks Ground on Allston Apartments
Mill Creek Residential said Wednesday it has broken ground on Modera Allston, a contemporary midrise community in Boston’s Lower Allston… Read more