Metro Boston Commercial Real Estate News

Jason Atwood and Natasha Marcuard have been promoted to VP positions at Northstar.

Northstar Elevates Jason Atwood, Natasha Marcuard to VP Positions

By Lisa McDuffie | January 26, 2023 Cambridge, MA-based Northstar, a real estate services firm providing project management, developmen...Read more

Berkeley Partners has acquired 550 Forbes, a single-tenant warehouse totaling 215,575 square feet located in Mansfield, MA.

Berkeley Partners Takes Single-Tenant Mansfield Warehouse in Sale-Leaseback Deal

By Lisa McDuffie | January 24, 2023 Berkeley Partners has acquired 550 Forbes, a single-tenant warehouse totaling 215,575 square feet l...Read more

Montecito Medical has purchased a veterinary property located at 367 Maple Street in Danvers, MA.

Montecito Medical Snuggles Acquisition of Danvers Veterinary Property

By Lisa McDuffie | January 24, 2023 Nashville, TN-based Montecito Medical, a privately held company that acquires medical and veterinar...Read more

Veris Residential, Inc. and MIT’s Center for Real Estate have partnered to research, develop and implement innovative solutions multifamily real estate operations.

MIT Center for Real Estate, Veris Residential to Collaborate on Multifamily Operations

By Lisa McDuffie | January 23, 2023 Veris Residential, Inc. has formed a strategic partnership with Massachusetts Institute of Technolo...Read more

MCG Canton Arboretum, LLC has acquired Woodfield Commons apartments in Canton, MA, with $41 million in acquisition financing arranged by Fantini & Gorga.

MCG Canton Arboretum Buys Canton Multifamily with $41M Acquisition Loan

By Lisa McDuffie | January 20, 2023 Boston, MA-based MCG Canton Arboretum, LLC has acquired Woodfield Commons, a 156-unit residential c...Read more

Service Properties Trust has sold a 65-property, 7,865-key hotel portfolio located across 27 states for approximately $514 million.

Service Properties Trust Sells 65-Property Sonesta Hotel Portfolio for $514M

By Lisa McDuffie | January 18, 2023 Newton, MA-based Service Properties Trust has sold a 65-property, 7,865-key hotel portfolio located...Read more

SVN | Parsons Commercial Group | Boston has negotiated 28,000 square feet of new and renewed leases and extensions at Merrimack Medical Center in Haverhill, MA.

SVN | Parsons Commercial Group | Boston Brings 28K SF to Haverhill MOB

By Lisa McDuffie | January 18, 2023 SVN | Parsons Commercial Group | Boston has negotiated 28,000 square feet of new and renewed leases...Read more

Jumbo Capital has inked four new office, life science and R&D leases totaling 49,255 square feet at Stony Brook, a 270,000-square-foot lab and R&D campus located in Waltham, MA.

Jumbo Capital Inks 50K SF of New Leases in Waltham Office-to-Life-Sciences Conversion

By Lisa McDuffie | January 17, 2023 Jumbo Capital has inked four new office, life science and R&D leases totaling 49,255 square fee...Read more

The Dolben Company has closed $28.4-million permanent financing for Lake Arbor Towers, a lakeside community located along the Capital Beltway in Mitchellville, MD.

The Dolben Company Finalizes $28M Permanent Financing for Mitchellville Multifamily

By Lisa McDuffie | January 17, 2023 Woburn, MA-based The Dolben Company has closed $28.4-million permanent financing for Lake Arbor Tow...Read more

Camber Development and Wheelock Street Capital have agreed to a 30,665-square-foot R&D lease with tenant ASMPT AEi in the Axis Park North campus in Billerica, MA.

Camber Development, Wheelock Street Capital Sign R&D Tenant to 31K-SF in Billerica’s Axis Park North

By Lisa McDuffie | January 16, 2023 A partnership between Boston-based Camber Development and Wheelock Street Capital have agreed to a ...Read more

Martignetti Companies and Ferguson Plumbing Supply have agreed on a 260,150-square-foot lease at the Taunton Trade Center in Taunton, MA.

Wine Distributor, Plumbing Supplier Agree on 260K-SF Lease at Taunton Trade Center

By Lisa McDuffie | January 13, 2023 Martignetti Companies and tenant Ferguson Plumbing Supply have agreed on a 260,150-square-foot leas...Read more

MassHousing has provided an $18 million loan to CSI Support & Development Services for the preservation of Admiral’s Tower Co-op in Chelsea, MA.

CSI Support & Development Secures $18M to Refi Chelsea Affordable Senior Community

By Lisa McDuffie | January 12, 2023 MassHousing has closed on an $18 million, 35-year permanent loan to CSI Support & Development...Read more

V10 Development has broken ground on The Cove apartments at 89 Green Street in Worcester, MA overlooking the Worcester Red Sox’s Polar Park.

V10 Development to Start Seven-Story Mixed-Use Overlooking Polar Park in Worcester

By Lisa McDuffie | January 11, 2023 Boston, MA-based real estate developer V10 Development has broken ground on The Cove, a seven-stor...Read more

KS Partners has signed five leases totaling 30,000 square feet at its office building located at 3 Allied Drive in Dedham, MA.

KS Partners Bring 161K-SF Office Building in Dedham to Full Occupancy

By Lisa McDuffie | January 10, 2023 Billerica, MA-based real estate investment and development company KS Partners has signed five leas...Read more

Marcus & Millichap has arranged the $3.4-million sale of the office located at 230 Second Avenue in Waltham, MA.

Marcus & Millichap Arranges $3M Sale of 17K-SF Office Property in Waltham

By Lisa McDuffie | January 06, 2023 Marcus & Millichap has brokered the $3.4-million sale of 230 Second Avenue, a 16,637-square foo...Read more

Greystar Real Estate Partners has purchased a 6.90-acre site approved for a 741-unit multifamily at 1690 Revere Beach Parkway in Everett, MA for $56 million.

Greystar Real Estate Partners Buys $56M Multifamily Development Site in Everett

By Lisa McDuffie | January 03, 2023 Greystar Real Estate Partners has completed the $56-million purchase of a 6.90-acre development sit...Read more

Oliver Street Capital and tenant A/Z Corporation have agreed on a 60,000-square-foot, full-building lease for 7 Connector Road in Andover, MA.

Oliver Street Capital Fills 60K-SF Industrial Facility in Andover

By Lisa McDuffie | January 03, 2023 Oliver Street Capital and tenant A/Z Corporation have agreed on a 60,000-square-foot, full-building...Read more

Piedmont Office Realty Trust, Inc. has completed the sales of office buildings One Brattle Square and 1414 Massachusetts Avenue in Cambridge, MA for combined proceeds of $160 million.

Piedmont Office Realty Trust Sells Two Cambridge Assets for $160M Combined Proceeds

By Lisa McDuffie | December 29, 2022 Atlanta, GA-based Piedmont Office Realty Trust, Inc. — an owner, manager, developer, redeveloper ...Read more

AAM Danvers Residences, LLC is constructing Maple Square, a mixed-used development in downtown Danvers, MA, with $44M in financing from Rockland Trust.

AAM Danvers Residences Secures $44M for Mixed-Use Development in Danvers

By Lisa McDuffie | December 21, 2022 AAM Danvers Residences, LLC has secured $44M in financing from Rockland Trust for the construction ...Read more

MassHousing has closed on $31 million in affordable housing financing to CSI Support & Development Services to support the City Square Elderly Housing complex in Charlestown, MA.

MassHousing Finances $31M for Reno, Affordability Extension of Charlestown Senior Complex

By Lisa McDuffie | December 20, 2022 MassHousing has closed on $31 million in affordable housing financing to CSI Support & Developm...Read more

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