Massachusetts
Crescent Real Estate Snags 354K-SF on Dallas North Tollway
Dallas-based Crescent Real Estate and partner Long Wharf Real Estate Partners LLC of Boston have struck a deal with KBS… Read more
Decibel Pushes 232K-SF Boston Building to 100% Leased
A deal inked by biotechnology startup Decibel Therapeutics has pushed the 232,000-square-foot Van Ness spec building in Boston’s Fenway neighborhood… Read more
San Diego Rents Soar, But it Could Be Worse
San Diego rents are soaring, and ‘America’s Finest City’ is facing a housing crunch. Rents for multifamily properties in San… Read more
84% of U.S. Jobs Can’t Keep Up with the Cost of Living
According to a new analysis by Indeed.com’s research group, Hiring Lab, only 16% of jobs paid enough to keep up… Read more
Is Free Rent Signaling a Multifamily Market Peak?
In a sign that the San Francisco market has peaked, offers of free rent are cropping up in landlords’ efforts… Read more
Hersha Pays $112M for Boston’s Envoy Hotel
Hersha Hospitality Trust acquired the 136-room Envoy Hotel from the property’s developer, Norwich Partners. Though the original sales price quoted… Read more
Alexandria Real Estate to Buy MA-Based One Kendall Square for $725M
Alexandria Real Estate Equities has struck an agreement with DivcoWest to buy the 644,771-square-foot One Kendall Square in Cambridge, MA.… Read more
GM Avoids Shutdown, Reaches Agreement with Bankrupt Supplier
General Motors (GM) and Clark-Cutler-McDermott, a Massachusetts-based supplier, reached an agreement in court in Worcester, Mass. that allows GM to… Read more
Boston Properties Completes $511M SanMo Office Acquisition
Boston Properties, Inc. completed a $511-million acquisition of Colorado Center, a 15-acre office campus in Santa Monica, CA. The Boston-based… Read more
Capital One Commits $125M to Blackstone Acquisition
Capital One Financial Healthcare Solutions, headquartered in Bethesda, MD, committed $125 million, and operated as joint lead arranger and joint… Read more
Caruso’s Palisades Village Receives Final Approval
Los Angeles-based Caruso Affiliated received final LA City Council approval on Palisades Village, a 116,000-square-foot mixed-use complex in Pacific Palisades,… Read more
WeWork Expanding Again in The City?
New York-based WeWork, the co-working space giant, is reportedly in negotiations to open another location in San Francisco, marking its… Read more
CONNECT RETAIL: Fast-Fashion Dominating Apparel Retail
Connect Retail is our weekly column on the sector, authored by veteran CRE writer Ian Ritter. Another fast-fashion apparel chain… Read more
Demandware Expands HQ After Salesforce Acquisition
Demandware plans to expand at its 5 Wall St. headquarters in Burlington, MA by as much as 55% by July… Read more
Berkshire Group Acquires Architecturally Revered One Santa Fe in Arts District
Boston-based Berkshire Group re-entered the Los Angeles market with its purchase of One Santa Fe, a 438-unit, Class A multifamily property in… Read more
Meridian Acquires International Place for $100M
Bethesda, MD-based The Meridian Group acquired International Place, a 12-story office asset in Rosslyn, VA from Boston-based Beacon Capital Partners… Read more
City Center Realty Sells 336K Plaza Seven in MN
City Center Realty Partners LLC (CCRP) and Angelo, Gordon & Co., have sold the Plaza Seven Office Tower, a 336,000-square-foot,… Read more
Pebblebrook Hotel’s Dispositions Total $114M
Pebblebrook Hotel Trust, based in Bethesda, MD, has closed on the separate sales of Viceroy Miami in Miami, Florida for… Read more
Kronos’ 435,000-SF Lease Largest in Boston Area
Kronos Inc.’s planned headquarters relocation has led to a 435,000-square-foot lease at CrossPoint in Lowell, MA. The 12-year lease is… Read more