Massachusetts
CBRE Promotes Mike Brucato to Market Leader for Greater Boston
Mike Brucato has been promoted to executive managing director and market leader for CBRE’s Greater Boston region. He now oversees… Read more
Camber Development, GEM Realty Recapitalize Billerica R&D Park
Newmark arranged the $79-million recapitalization of Axis Park North, a six-building industrial R&D park located 30 miles northwest of Boston… Read more
South Shore Bank Names CRE Team Leader
Steve Jussaume has joined Weymouth, MA-based South Shore Bank as a commercial real estate team leader. He brings 25 years… Read more
Pennrose Cuts Ribbon on Mixed-Income Housing in Wareham
Pennrose, the Wareham Redevelopment Authority (WRA), and project partners held the grand opening of Swifts Landing, a new affordable and… Read more
ROAD to Housing Act Advances in U.S. Senate
The Senate Banking, Housing and Urban Affairs Committee has marked up the Renewing Opportunity in the American Dream (ROAD) to… Read more
CTL Trust Sells JCPenney Portfolio for $947M
Copper Property CTL Pass Through Trust has agreed to sell a 119-property retail portfolio to an affiliate of Onyx Partners,… Read more
NH Warehouse Sells to Owner-User
Marcus & Millichap recently closed the sale of a 22,000-square-foot industrial warehouse in Londonderry, NH, for $2,850,000. Luigi Lessa, Harrison… Read more
Liberty Mutual Buys Back Wellesley Offices at Auction
Liberty Mutual Investments, the lender for a 270,000-square-foot office building in Wellesley, MA, has bought back the property for $65… Read more
Ownership Family Divests Value-Add Holbrook Apartments
Marcus & Millichap arranged the sale of Johns Avenue Apartments, a 34-unit apartment building in Holbrook, MA, for $7 million.… Read more
Colliers Named Leasing Agent for Class A Norwood Offices
Colliers has been appointed as leasing agent for 1175 Providence Hwy. in Norwood, MA. The 75,000-square-foot Class A office, currently… Read more
MassDevelopment Issues $135M Bond for Brandeis U. Residence Hall
MassDevelopment has issued a $134,570,000 tax-exempt bond on behalf of Brandeis University, which will use bond proceeds to build and equip a new… Read more
Rockpoint, Lincoln Property Acquire Luxury Williamsburg Rentals
Boston-based Rockpoint has acquired 56 N. 9th St., a luxury residential property located in the Williamsburg submarket of Brooklyn. Rockpoint acquired the property… Read more
JLL Tapped to Market Bard College’s Great Barrington Campus
JLL has been retained by Bard College as real estate advisor and broker as the school relocates its Bard College… Read more
BXP Breaks Ground on Lexington Residential, Adds Northwestern Mutual as Investor
BXP recently launched construction on 17 Hartwell Ave., a 312-unit residential project in Lexington, MA, and announced Northwestern Mutual as an… Read more
PGIM Real Estate Provides $132M Refi on Fenway High-Rise
PGIM Real Estate has provided $132 million in floating-rate financing through its core strategy to The Abbey Group to refinance the… Read more
Art Consulting Firm Joins Tenant Mix at Allston Labworks
Alchemy Station, a certified women-owned art consulting firm and creative studio, has joined the Allston Labworks campus at 280 Western Ave. in… Read more
Newmark Closes Office Sale in Boston’s West End
Newmark arranged the $28-million sale of One Bowdoin Square, a 141,831-square-foot office building in Boston’s West End. Co-head of U.S. Capital Markets Robert Griffin,… Read more
Austin’s Vacancy Rate Is Nation’s Highest
According to a recent Commercial Cafe survey, the highest vacancy rates in the region last month were in Austin, Texas,… Read more
Affordable Rentals Break Ground on Martha’s Vineyard
Ground has been broken for Tackenash Knoll in Oak Bluffs on Martha’s Vineyard, which will deliver 60 new affordable and workforce rental… Read more