Massachusetts
Boston Office Market Fires on All Cylinders
While a few metrics may differ, major brokerage firms broadly agree that the Boston office market is having one of… Read more
Marcus Berry Rejoins TA Realty
Marcus Berry has rejoined TA Realty LLC as partner and head of investor relations. In the newly-created role, Berry will… Read more
Should I Worry About PFAS?
By Tiffany-Linn Vincent PFAS is currently a hot topic in the environmental community, and with the help of a few… Read more
WS Acquires 530K-SF RI Retail Center
WS Development acquired Garden City Center, a 530,000-square-foot outdoor shopping center in Cranston, RI. Published reports indicate WS paid $181 million for the… Read more
Revere Warehouse Trades for $355M on Amazon Lease
The former Necco candy factory in Revere, MA has sold for $355 million to Clarion Partners, less than three years… Read more
Dana-Farber Will Anchor Redeveloped Methuen Offices
Marcus Partners completed a $25-million redevelopment of 5 Branch St., a 94,125- square-foot office building in Methuen, MA. Dana-Farber Cancer Institute… Read more
New York’s Office Sales Crown Slips in 2019
Although it’s generally regarded as the monarch of U.S. office markets, New York City’s crown slipped in 2019. The year’s… Read more
Pru Center’s Top Floors to Get $125M Makeover
Boston Properties (BXP) plans a major repositioning of the top floors of the Prudential Center Tower, CEO Doug Linde told… Read more
JLL Income Trust Acquires Grocery-Anchored Center
JLL Income Property Trust acquired Milford Crossing, a newly-constructed, 160,000 square-foot neighborhood shopping center in Milford, MA, 24 miles from Boston. The… Read more
Northeastern U. to Open $100M Research Campus in Portland
Northeastern University and technology entrepreneur David Roux will launch a graduate education and research campus in Portland, ME. The Roux Institute has… Read more
Dräger Medical HQ in Andover Trades to CIM-Sponsored REIT
NKF completed the $26-million sale of 6 Technology Dr. in Andover, MA on behalf of sellers Novaya Real Estate Ventures… Read more
Proposed Sale of Hynes Convention Center Meets Pushback
Proposed last fall as a way to help fund the $500-million expansion of Boston Convention & Exhibition Center (BCEC), a… Read more
Samuels & Associates Elevates Menzin to Principal
Abe Menzin has been named a partner at Samuels & Associates. Currently EVP of development, Menzin has been with the… Read more
Horizon Therapeutics Strikes Deal on Former Takeda Campus
Horizon Therapeutics has agreed to purchase the three-building, 650,000-square-foot campus in Deerfield, IL that formerly housed Takeda Pharmaceuticals. Deal terms weren’t disclosed. The… Read more
Report: Apartment Rents Continue to Rise Nationwide
The average rent for studio, one-bedroom, two-bedroom and three-bedroom apartments has continued to increase nationwide over the past year, according… Read more
It’s Time to Nominate the Year’s Top Brokers
The deadline is almost upon us to nominate commercial real estate’s top leasing and sales brokers for Connect Media’s third… Read more
Central MA Retail Trades to Boston-Area Buyer
JLL Capital Markets closed the sale of Amherst Shopping Center, an 81,702-square-foot shopping center anchored by Big Y Supermarket and CVS in Amherst, MA. The… Read more
Square Mile Lends $434M on DivcoWest’s Cambridge Crossing
Square Mile Capital Management originated a $433.8-million construction loan to finance the next phase of DivcoWest’s Cambridge Crossing master-planned development… Read more
Cornerstone Lends on Newly-Built Brighton Apartments
Cornerstone Realty Capital recently arranged $42 million to refinance Radius Apartments, a newly-constructed apartment building in Boston’s Brighton neighborhood. The… Read more