Boston Commercial Real Estate News

Hersha Hospitality Trust has sold the Courtyard Boston South Boston, a 164-key select-service hotel in Boston, MA.

Hersha Hospitality Trust Lets Go of Courtyard Boston South Boston Hotel

By Lisa McDuffie | January 16, 2023 Hersha Hospitality Trust has sold the Courtyard Boston South Boston, a 164-key select-service hotel...Read more

Boston Properties Limited Partnership, the operating partnership of BXP, has closed on a new, $1.2 billion unsecured term loan facility.

BXP Completes Closing of $1.2B Unsecured Term Loan Facility

By Lisa McDuffie | January 13, 2023 Boston Properties Limited Partnership, the operating partnership of BXP, has closed on a new, $1.2 ...Read more

Boston leasing activity during 2022 increased by 10% over 2021 and 130% over 2020.

CBRE: Boston Downtown and Suburban Office Markets Stabilize by 2022 Year-End

By Lisa McDuffie | January 12, 2023 Boston’s downtown and suburban office markets, which experienced a recovery during the first half...Read more

Neil Ravitz has joined Boston, MA-based asset management firm CREF Global Corporate Real Estate & Facilities as SVP of operations.

CREF Global Corporate Real Estate & Facilities Adds Neil Ravitz as SVP of Operations

By Lisa McDuffie | December 22, 2022 Boston, MA-based asset management firm CREF Global Corporate Real Estate & Facilities has added...Read more

Quarterra Multifamily has begun construction on 265-unit mid-rise community in the Boston, MA neighborhood of Allston.

Quarterra Starts Construction on Second Massachusetts Multifamily

By Lisa McDuffie | December 19, 2022 Quarterra Multifamily, has started construction at Harper, a 265-unit mid-rise community located in...Read more

Columbia Property Trust, Inc. has completed 10 separate leases totaling 115,000 square feet at the 116 Huntington Avenue office building in Boston, MA.

Columbia Property Trust Signs 115K-SF of Leases at 116 Huntington Avenue in Boston

By Lisa McDuffie | December 16, 2022 Columbia Property Trust, Inc. has completed 10 separate leases that collectively total 115,000 squa...Read more

Laura Gregoriadis, Sharon Lavery and Brian Mueller have joined the senior leadership team at Redgate in Boston, MA.

Redgate Expands Senior Leadership Team by Three to Support Growth Ambitions

By Lisa McDuffie | December 15, 2022 Boston, MA-based Redgate, a real estate advisory and investment firm, has expanded its senior leade...Read more

Suffolk has completed construction on the 19-story Boston University Center for Computing & Data Sciences building in Boston.

Boston University’s New Fossil-Free Building Harnesses Geothermal Resources

By Lisa McDuffie | December 13, 2022 Real estate investment and construction enterprise Suffolk has delivered the Boston University Cent...Read more

MassDevelopment has issued a $378.5-million tax-exempt bond on behalf of Northeastern University to construct a science and engineering complex located at 815 Columbus Avenue in Boston.

MassDevelopment Offers $379M Bond to Northeastern for 340K-SF Science Building in Fenway

By Lisa McDuffie | December 08, 2022 MassDevelopment has issued a $378.5-million tax-exempt bond on behalf of Northeastern University, w...Read more

Carolyn Hewitt has joined High Street Residential, the residential subsidiary of Trammell Crow Company, as SVP for multifamily development.

High Street Residential Select Carolyn Hewitt for SVP of Multifamily Development

By Lisa McDuffie | December 01, 2022 High Street Residential, the residential subsidiary of Trammell Crow Company, has selected Carolyn ...Read more

Britton Derkac has been named SVP and national head of leasing of EQ Office in Boston.

EQ Office Names Britton Derkac SVP and National Head of Leasing

By Lisa McDuffie | November 17, 2022 EQ Office has appointed Boston, MA-based Britton Derkac to the newly created position of SVP and na...Read more

The CoreNet Global New England Chapter’s 21st Annual Charitable Golf Tournament raised nearly $18,000 for Boys & Girls Clubs of Boston.

CoreNet New England Annual Golf Tournament Generates $18K for BGCA Boston

By Lisa McDuffie | November 10, 2022 CoreNet Global New England Chapter raised nearly $18,000 for Boys & Girls Clubs of Boston thoug...Read more

Nat Heald as EVP of capital markets for CBRE in Boston, MA.

CBRE Appoints Nat Heald to Capital Markets Leadership Role for Retail Efforts

By Lisa McDuffie | November 10, 2022 CBRE has named Nat Heald as EVP of capital markets in Boston, MA to focus on institutional sales of...Read more

Arcadis IBI Group has completed a restoration and repair of the Christian Science Plaza in Boston, MA.

Arcadis IBI Group Completes Restoration of Christian Science Plaza in Boston

By Lisa McDuffie | November 09, 2022 Arcadis IBI Group has completed a multi-year restoration and repair project for the Christian Scien...Read more

Quincy, MA-based Lee Kennedy Co., Inc., has completed construction on the Boston Arts Academy’s new $117-million facility at 174 Ipswich Street in Boston, MA. The 154,000-square-foot building, which is across from Fenway Park, will permit Boston Arts Academy to increase its enrollment by 15%. Each floor within the building is dedicated to a different art discipline with common areas throughout to encourage spontaneous performances and instruction. All levels offer flexible classrooms and different learning environments, including a STEAM lab where students can explore how subjects like math, science and technology intersect with the arts. Large public spaces, such as the lobby, double as art galleries where student work is displayed. A 500-seat theater featuring a proscenium stage is available to host both student and local-artist performances that incubate a community learning environment where students can create their own work and be inspired through working artists in and around Boston. The new facility also provides better rehearsal studios, high-tech fashion and fine art studios, a gymnasium, dance studios, a rooftop recital hall, and more. Many of the spaces are equipped with the latest technology used by professional artists, allowing students to gain experience using the same equipment they will eventually utilize outside of the classroom.

The Curtain Drops on Boston Arts Academy’s New $117M Building

By Lisa McDuffie | November 08, 2022 Quincy, MA-based Lee Kennedy Co., Inc., has completed construction on the Boston Arts Academy’s n...Read more

Taurus Investment Holdings and Aegon Asset Management have completed the recapitalization of Rosemont at Windermere in Orlando, FL.

Taurus Investment Holdings, Aegon Asset Management Finalize $86M Recap of Multifams Targeted for ESG Retrofit

By Lisa McDuffie | November 07, 2022 Boston, MA-based Taurus Investment Holdings and Aegon Asset Management have completed the recapital...Read more

Boston Financial has closed the Boston Financial Institutional Tax Credits 57 Limited Partnership, a LIHTC fund, at $164 million.

Boston Financial Closes $164M LIHTC Fund to Support Affordable Housing in 13 States

By Lisa McDuffie | November 04, 2022 Boston, MA-based Boston Financial, a syndicator of Low-Income Housing Tax Credits has closed the Bo...Read more

Jillian Standish has been named senior vice president and chief equity officer at Merchants Capital new Boston, MA location.

Merchants Capital Opens Boston Office, Names Jillian Standish to Leadership Role

By Lisa McDuffie | November 03, 2022 Merchants Capital has opened a regional office location in Boston, MA and appointed Jillian Standis...Read more

Related Beal has received approval for its $1.2-billion Chanelside development in the Fort Point area of Boston, MA.

Related Beal’s $1.2B Channelside Development in Fort Point Greenlighted by City of Boston

By Lisa McDuffie | November 01, 2022 The City of Boston has approved a $1.2-billion Fort Point development that is set to create residen...Read more

The 1912-constructed office building at 581 Boylston Street in Boston, MA has been sold for $20 million.

1912-Vintage Office in Boston’s Back Bay District Swaps Ownership for $20M

By Lisa McDuffie | October 28, 2022 Coldwell Banker Commercial Realty has facilitated the $19.5-million sale of 581 Boylston Street, a ...Read more

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