Massachusetts
SimpliSafe Plans an Expanded HQ with 150K-SF Lease in Boston’s Financial District
Boston-based SimpliSafe has executed a 150,000-square-foot lease across four floors at 100 Summer Street that will lead to the expansion… Read more
Taurus Aims to Transition Westover Parc to Energy-Efficient Complex
Taurus Investment Holdings LLC recently acquired Westover Parc, a 2002-vintage 160-unit class-A apartment community for a purchase price of $41.6… Read more
Family of Five Cape Cod Resorts, Plus NH Bonus, Sells to NY Investors
EOS Investors, LLC , has acquired Red Jacket Resorts, portfolio of five properties in Cape Cod, MA, and one in… Read more
IQHQ Acquires The Buckminster as Part of $1B Fenway Center Development Initiative
IQHQ, Inc., has completed the acquisition of The Buckminster on Beacon Street in Boston’s Kenmore Square area. The purchase price… Read more
Buckle Up—Chicago Commercial Real Estate is on a Roll
By Adam Marshall, President, SIOR Chicago Chapter, and Senior Managing Director, Newmark Chicago is leading major U.S. cities in pandemic… Read more
Boston Area Affordable Housing Portfolio Sells to Avanath Capital
Avanath Capital Management, LLC, has acquired Logo Apartments, an affordable housing portfolio comprised of five sites totaling 11-buildings and 73-units… Read more
Art Lovers Leap at the Opp to Live in Boston’s Arthaus Residential Community
Cambridge-based PCA has completed Arthaus, an art-focused residential development in the heart of Boston’s Allston neighborhood. According to PCA principal… Read more
GE to Split into Three Publicly Traded Companies
GE said Tuesday it planned to split into three public companies focused on aviation, healthcare, and energy. The Boston-based conglomerate will spin off… Read more
Coldwell Banker Secures $3M Sale of Needham Office Building
Coldwell Banker Commercial has completed the disposition of a multistory office building at Highland Avenue in Needham, MA, for $2.67… Read more
MA’s Industrial Logistics Looks South, Buys Memphis Portfolio for $100M
Newton, MA-based Industrial Logistics Properties Trust, managed by The RMR Group, has purchased three industrial properties in the Memphis, TN,… Read more
JLL to Pay $300M for “Building Engines” Property Management Platform
JLL has reached an agreement to acquire Boston-based Building Engines, a building operations platform that manages how properties are run,… Read more
Culver City Office Combines Quality, Location for Buyer Appeal
An 111,384-square-foot office property in Los Angeles’ Culver City submarket recently sold to a partnership between Irvine-based Pendulum Property Partners… Read more
Nashville Sings a Different Tune with Campaign to Attract Tech Talent
It may wear the longtime nickname Music City with civic pride, but Nashville is serving notice that it’s a lure for people… Read more
ILPT to Acquire Monmouth Real Estate for $4B in Cash
Industrial Logistics Properties Trust (ILPT) said Friday it had entered into a definitive agreement to acquire all of the outstanding shares of Monmouth Real Estate Investment… Read more
EagleBridge Capital Arranges $9M Mortgage Financing for Chelmsford MOB
EagleBridge Capital has arranged mortgage financing in the amount of $8.6 million for the Chelmsford Medical and Surgical Center on… Read more
Crane Index and Quarterly Cost Report Reveals Eye-Opening Stats
International property and construction consultancy firm Rider Levett Bucknall (RLB) recently released its latest Crane Index and Quarterly Cost Report.… Read more
TA Realty Appoints Anne Peck as VP, Head of ESG+R
Boston-based TA Realty, LLC, has appointed Anne Peck as vp and head of environment, social, governance and resiliency efforts. Peck… Read more
Cambridge Office Market Shows Signs of Recovery Amid Low Pre-Pandemic Levels
As the Cambridge office market recovers from pandemic related effects, occupancy remains well below pre-pandemic norms, but according to the… Read more
STAG Industrial Sells Taunton Facility for 3% Cash Cap Rate at $78M
STAG Industrial, Inc., has closed the sale of its 350,326-square-foot building located in Taunton, MA, (40 miles south of Boston)… Read more