Massachusetts
M&T Realty Capital Furnishes Loan for LIC Opportunity Zone Affordable
M&T Realty Capital Corporation provided $38.71 million in financing for 29-17 40th Ave., a 103-unit affordable property in a Long… Read more
Housing Production Commission Issues Recommendations for Massachusetts
With the aim of addressing Massachusetts’ housing crisis, the 16-member Unlocking Housing Production Commission convened by Gov. Maura Healey has… Read more
Pickleball Franchise Backfills Former Planet Fitness in Burlington
Burgess Properties, LLC brokered an approximately 21,500-square-foot lease to The Picklr, a growing national indoor pickleball franchise. Formerly occupied by… Read more
Boston Business Leaders Plan to Expand CRE Footprints
Expansion is on the horizon for business in Boston this year, as leaders express plans to invest in talent, tech,… Read more
MMCC Arranges Refi on Cambridge Multifamily Near MIT
Marcus & Millichap Capital Corporation (MMCC) recently arranged $3.4 million for the refinancing of a 16-unit multifamily property located at… Read more
NHP Sells Outpatient Portfolio to TPG Angelo Gordon JV
Newmark recently arranged the $108-million sale of a National Healthcare Properties (NHP) 10-building medical office portfolio. NHP, a publicly traded healthcare… Read more
World Market Fills Last Vacancy at Assembly Square Marketplace
Federal Realty announced that World Market will open its second Massachusetts location this year at Assembly Row in Somerville. The new 18,361-square-foot showroom will… Read more
MHIC Closes Social Impact Fund Supporting Nine Developments
Massachusetts Housing Investment Corporation (MHIC) has closed its first Social Impact Fund. The fund raised $63.7 million in total equity,… Read more
Herb Chambers Car Dealership Chain Trades for $1.3B
Asbury Automotive Group, based in Duluth, GA, said Monday it will acquire various automotive dealerships owned by Somerville, MA-based Herb Chambers… Read more
MMCC Arranges $13.6M Refi for Wakefield Mixed-Use
Marcus & Millichap Capital Corporation (MMCC) arranged $13,566,000 for the refinancing of the Lofts at 27 Water St. Located at… Read more
Energy Supplier Plans Headquarters Relocation from Waltham to Newton
Fortune 500 energy supplier Global Partners LP plans to move its headquarters from Waltham, MA to a recently renovated office… Read more
Salem Flex/Industrial Property Goes to Calare in Sale-Leaseback
Marcus & Millichap closed today the sale of an 84,814-square-foot flex/industrial property at 1 Technology Way in Salem, MA for… Read more
JMC Trades Weymouth Apartments to BlackRock Fund
A CBRE team led by Simon Butler, Biria St. John, John McLaughlin and Brian Bowler closed the sale of The… Read more
Phoenix Ranks 10th in Investor Survey
A recent survey of commercial real estate investors ranked Phoenix as a top 10 target among U.S. metros. Phoenix slipped… Read more
Retail Veteran Alex Quinn Joins JLL Investment Sales Team in Boston
JLL Capital Markets said Wednesday that Alex Quinn has been appointed as director in the Boston office’s investment and sales advisory retail team. Quinn will report… Read more
Eastern Nazarene College Will Sell Entire Campus for Redevelopment
Eastern Nazarene College (ENC), a small private school in Quincy, MA that is ceasing operations, will sell its entire campus… Read more
WinnDevelopment, Arch Communities Launch Braintree Mixed-Income Multifamily
WinnDevelopment and development partner Arch Communities launched construction on The Eastwalk, a $47-million, 56-unit, transit-oriented, mixed-income apartment community in Braintree,… Read more
Praedium Group Acquires Four-Building Beverly Apartment Portfolio
A CBRE team led by Simon Butler, Biria St. John, John McLaughlin and Brian Bowler arranged the sale of The… Read more