Massachusetts
New Demand for Office Space Recedes in December
New employer demand for office space receded again in December and is now just 58% of pre-pandemic levels, VTS reported Wednesday. The… Read more
Newmark Brokers Sale of 90%-Leased Multifam in Boston’s South Shore
Newmark has brokered the sale of Modera Marshfield, a 248-unit, apartment community located in the South Shore region of suburban… Read more
Taurus Completes $424M Recapitalization of 58-Building Industrial Portfolio
Boston, MA-based Taurus Investment Holdings, LLC, has completed the $423.5 million recapitalization of a 58-building industrial portfolio totaling 3,962,339 square… Read more
Lee & Associates Brokers 17K-SF Lease in One East Pratt Street in Baltimore
Lee & Associates | Maryland has brokered a lease with connectRN for 16,643 square feet of space at One East… Read more
CBRE Arranges $15M Sale of 91K-SF Industrial Building in Chelmsford
CBRE has arranged the sale of a 91,476-square-foot flex/R&D industrial building on Elizabeth Drive in Chelmsford, MA. The Shearwater Companies… Read more
Blue Flag Expands Portfolio with $38M Buy of The Beachside on Nantucket
Nantucket, MA-based Blue Flag Partners has acquired The Beachside on Nantucket for $38 million. The 1966-constructed, 94-key property sits on… Read more
Unispace Acquires Life Sciences Facility Design Firm BioPharma Engineering
Boston, MA-based Unispace, a workplace strategy, design and construction firm, has acquired BioPharma Engineering. The Cork, Ireland-based firm designs and… Read more
Chilly Boston Buyer Pays $59M for Freezer/Cooler Space in Toasty Miami
Boston, MA-based Longpoint Realty Partners has paid $59 million for Aventura Industrial Center, a 304,408-square-foot cooler/freezer portfolio in Miami, FL.… Read more
Banks Keep an Eye on CRE Loan Risk
At the highest level, conditions appear to be good in commercial real estate lending, and the Mortgage Bankers Association’s recent… Read more
Avison Young Arranges 12K-SF Retail Lease with Emerson Hospital in Groton
Avison Young’s Boston office has arranged a new 12,000-square-foot lease at 240 Main Street in Groton, MA with Emerson Hospital.… Read more
Newmark Checks off $341M Sale of Eight Assets within Minuteman Park in Andover
Newmark has completed the $341-million sale of eight assets within Minuteman Park, a corporate campus located 25 miles north of… Read more
We’re Looking for More of the Year’s Top Leasing and Sales Brokers
Although early response has been positive for Connect CRE’s fifth annual call for Top Broker Award nominations, we’re looking for as wide a cross-section of… Read more
Keller Williams ONEChicago Brokers Hyde Park Mixed-Use Deal for $10M
Keller Williams ONEChicago has brokered the sale of the 40-unit, mixed-use property at 5228 Blackstone St. in the South Side’s… Read more
STAG Industrial Announces CEO Succession Plan, Appoints CFO
Boston, MA-based STAG Industrial, Inc., has announced Benjamin Butcher, the company’s current chairman of the board and CEO, will become… Read more
Lincoln Property Company Affiliate Buys Peabody Industrial Facility for $43M
Brookwood Financial Partners, LLC, has sold 300 Jubilee Drive, a 163,067-square-foot industrial facility in Peabody, MA, for $43.2 million to… Read more
Brookwood Acquires Ten Cabot Office Building in Medford, MA
Brookwood Financial Partners, LLC, has acquired Ten Cabot, a 107,026 square foot Class A office building located in Medford, MA.… Read more
CushWake Brokers $83M Sale of Industrial Property in North Reading
Cushman & Wakefield has arranged the sale of 300 Riverpark Drive, a 228,921-square-foot R&D and industrial property located in North… Read more
EagleBridge Capital Arranges $15M Debt, Equity Financing for Andover Flex/R&D
Boston, MA-based EagleBridge Capital has arranged mortgage and JV equity financing in the amount of $14.7 million for 6 Riverside… Read more
$115M: Closing Price for Quincy 280-Unit High-Rise Multifamily
CBRE has arranged the sale of Neponset Landing, a 280-unit high-rise apartment community on Hancock Street in Quincy, MA, for… Read more