Massachusetts
$9M Puts Final Piece in Place for Wareham Affordable Community
MassHousing has closed on $8.5 million in affordable housing financing to Dakota Partners, Inc., to support the final phase of… Read more
Scully Company Acquires $24M High-Rise Multifamily in Haverhill
Berkadia has arranged the sale and $24.4 million in financing for The Bixby, a 128-unit high-rise multifamily property located in… 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
CBREIM Acquires Majority Interest in Cambridge Life Science Property
A fund sponsored by CBRE Investment Management has acquired a majority interest in 300 Third Street — a 132,000-square-foot, Class… Read more
Hajjar Scares Up $5M for Ghost-Inhabited Boutique Hotel in Salem
Hajjar Management Co., Inc., has secured $4.5 million from Rockland Trust for the acquisition of a historic inn, The Merchant,… 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
Partnership Provides $49M to Transform 1892 Springfield Hotel into Multifamily
The City of Springfield, MA; MassHousing; MassMutual; MGM Springfield; WinnDevelopment and Opal Real Estate have closed $48.5 million in joint… 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
$193M Build Loan Initiates Life Science Development in Somerville’s Brickbottom
Colliers has arranged $192.5 million in construction financing for 100 Chestnut Street, a life science development totaling approximately 200,000 square… Read more
The Claremont Companies Acquires 102-Unit Community in Westwood for $35M
CBRE has arranged the $35.3 million sale of Residences at Highland Glen, a 102-unit age restricted, garden-style apartment community located… 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
CBREIM Welcomes Chris Sullivan as a Logistics Transactions Team Director
Chris Sullivan has joined CBRE Investment Management in Boston as a director on the transactions team in the Americas logistics… Read more
Diversified Healthcare Receives $108M for 10% of Seaport Life Science Property
Newton, MA-based Diversified Healthcare Trust has sold an additional 10% equity interest in the two-building life science complex located at… Read more
Eden Properties Disposes of 179-Unit Community in Middletown for $37M
CBRE has arranged the $37-million sale of Northgate Apartments, a 179-unit garden style apartment community located at 3 Admiralty Drive… Read more