Massachusetts
Biotech Firm Lonza Wants More Pearland Space
International biotech company Lonza will be adding 150,000 square feet to its already under-construction 100,000-square-foot facility on Kirby Drive in… Read more
California’s Life Sciences Sector Remains Healthy
Life sciences plays an important role in a number of California markets, including San Francisco, San Diego, Orange County and… Read more
First Dunkin’ Donuts Opens in Riverside
The first Dunkin’ Donuts store opened in Riverside, CA, marking the 12,000th location of the fast-expanding, Boston-based QSR. The chain’s… Read more
Connect Apartments: “Cashflow Kings” Suggest Enough Capital for Small Deals
By Amy Wolff Sorter The focus of multifamily capital tends to be on massive transactions; the just-completed, Class A trophy… Read more
America’s Test Kitchen Relocates HQ to Boston’s Seaport
America’s Test Kitchen is relocating its headquarters from Brookline, MA to Boston’s Innovation and Design Building (IDB) at the Seaport… Read more
Rubicon Point Partners Picks Up San Mateo BayCenter for $150M+
Boston-based Rockpoint Group, L.L.C. sold San Mateo BayCenter, a roughly 300,000-square-foot office asset, to San Francisco-based Rubicon Point Partners for… Read more
Clarion Adds Austin’s Seaholm Plant to Portfolio for $125M
New York-based Clarion Partners acquired the former Seaholm Power Plant building in Austin, TX from Seaholm Power LLC in a… Read more
Beacon Capital to Shell out $470M for Chicago’s AMA Plaza
Beacon Capital Partners struck a deal with Riverview Realty Partners to acquire the AMA Plaza in the River North submarket… Read more
Blackstone Pays $250M for Miami’s Flagler Station Stake
Blackstone acquired a 50% stake interest in Flagler Station, a Miami, FL industrial and office park owned by AEW. Blackstone… Read more
CalSTRS Commits $200M to DivcoWest
San Francisco-based DivcoWest Properties received a $200-million commitment from the California State Teachers Retirement System (CalSTRS) to its commingled DivcoWest… Read more
Which U.S. Metros are Most Recession-Proof?
How resilient are the 10 biggest metro areas in the U.S., and how would they perform in the face of… Read more
Castle Lanterra Makes Fourth Austin MF Purchase
Castle Lanterra, headquartered in New York, has made its fourth multifamily purchase in Austin, TX, snagging the 370-unit Arrangement apartment… Read more
Brookwood Pays $55M for Dallas-Area Portfolio
Beverly, MA-based Brookwood Financial Partners LLC bought the MacArthur portfolio for $54.5 million from JP Realty Partners Ltd. of Richardson,… Read more
Boston Global, UTC $3B MXU Site Demo Underway
Be sure to check out and register for Connect Apartments, coming to L.A. on September 15. Demolition work is underway on… Read more
CBRE Picks Up Multi-State Entertainment Assignment
California-based Round One Entertainment Inc. selected Los Angeles-based CBRE Group Inc. for a tenant representation assignment to search for new… Read more
Lincoln Beats Out Others for Ownership of 121K-SF Portland Office
Lincoln Property Co. beat out a multitude of other investors to become the Fremont Place I and II office complex’s… Read more
American Realty Makes $206M MA Buy
Glendale, CA-based American Realty Advisors acquired the shops at University Station in Westwood, MA from Westwood Marketplace Holdings LLC for… Read more
CBRE Report Shows LA CRE Investments Buck National, Global Trends
By Dennis Kaiser Commercial real estate transactions in Los Angeles climbed 8.7% in the first half of the year, as… Read more
Menlo Equities Putting 1.2M-SF Campus on Block
Palo Alto-based Menlo Equities’ 1.2-million-square-foot office campus in Santa Clara, CA is reportedly being put up for sale next month.… Read more