Boston
Eastern Bank Brings Brian Welch Back to the Fold as a SVP, CRE Division
Boston, MA-based Eastern Bank has re-hired Brian Welch as a SVP in the organization’s commercial real estate division. Welch’s career… Read more
Newmark Recaps 300 Third Street in Cambridge; Fourth for Seller Totals $3.2B
Newmark has completed the recapitalization of 300 Third Street, a six-story 131,963-square-foot Class A laboratory/office asset in Cambridge, MA. The… Read more
MassHousing Closes on $17M for Adaptive Reuse of Zelma Lacey House in Charlestown
MassHousing has closed on $16.8 million in affordable housing financing to the non-profit Affordable Housing and Services Collaborative and Peabody… Read more
Yardi Matrix April 2022 Report: No Multifamily Rent Slowdown
The U.S. apartment sector isn’t showing any signs of slowing down. According to Yardi Matrix’s April 2022 “National Multifamily Report,”… Read more
Urban Edge Buys Retail Center in Boston’s Hyde Park with $22M Loan
JLL has arranged $21.5 million in acquisition financing for Shops at Riverwood, a 78,000-square-foot, fully leased retail center anchored by… Read more
LMC Brews a New Apartment Community in Everett’s Fermentation District
LMC has broken ground on Artemas, a mid-rise multifamily apartment community in the Boston submarket of Everett, MA. Artemas is… Read more
TA Associates Acquires Majority Stake in Green Street
Private equity firm TA Associates will take a majority interest in Green Street, the Newport Beach, CA-based real estate analytics… Read more
TCC, Invesco to Develop 310K-SF Life Science Building in Lexington
Trammell Crow Company and joint venture partner Invesco Real Estate are developing a 310,000-square-foot life science building in Lexington, MA.… Read more
Defense Tech Co Leases 180K SF in Atlanta, Plans $60M Manufacturing Facility
Jamestown has completed negotiations with Anduril Industries for the latter to lease 180,000 square feet at Allied Studios, a three-building… Read more
Saks Fifth Avenue Owner to Convert Boston Retail Properties to Life Science
HBC Properties and Investments and Streetworks Development are converting a three-property, 360,000-square-foot retail portfolio in the Boston area to life… Read more
Marcus Partners Promotes Josh Berman to Principal, Director of Construction
Marcus Partners has elevated Josh Berman to principal, director of construction in the firm’s Boston location. As a principal, he… Read more
Charlotte Industrial Property Trades in All-Cash Deal
CBRE has arranged the all-cash sale of Cordage — a Class A warehouse and distribution facility in the Arrowood industrial… Read more
Taurus Spends $158M for 12-Building Southeast Industrial Portfolio
Taurus Investment Holdings, LLC, has acquired a five-property industrial portfolio consisting of 12 buildings located in FL, GA and TX… Read more
Vandals Attack The Pryde Construction Site in Boston
The Pryde — New England’s first LGBTQ-friendly senior affordable housing complex that is currently under construction in the Hyde Park… Read more
Bayer Opens 62K-SF Research and Innovation Center in Cambridge
Bayer AG has opened a 62,100-square-foot Research and Innovation Center in the Kendall Square neighborhood of Cambridge, MA. Bayer’s facility,… Read more
Six Central FL Industrial Buildings Part of $158M Southeast Portfolio Sale
JLL has closed the $157.8 million sale of a five-property industrial portfolio consisting of six buildings in Orlando and North… Read more
Five Atlanta Industrial Buildings Part of $158M Southeast Portfolio Sale
JLL has closed the $157.8 million sale of a five-property industrial portfolio consisting of five buildings in East Point and… Read more
U.S. Ranks On Top as World’s Most Expensive Place to Build
When it comes to increasing construction costs—including labor and materials costs—the United States dominates rankings of the most expensive places… Read more
Urban Edge Properties Drops $33M for Hyde Park Retail Center
Urban Edge Properties has acquired The Shops at Riverwood, a fully leased grocery-anchored, retail center located in the Boston submarket… Read more