Boston

Promed Acquires Tufts Medical Center Buildings for $112M

BOSTON-Miami-based Promed Properties Group, an affiliate of Israel-based Gazit-Globe, has acquired two medical office buildings leased by Tufts Medical Center in Boston for $112 million.

Synergy To Buy Office Building at 99 Chauncy St.

BOSTON-Synergy Investment & Development is likely to close the acquisition of the 98,510-square-foot office structure at 99 Chauncy St. in Boston.

E Ink to Occupy 140,000-SF Facility in Billerica

BILLERICA, MA-E Ink Corp. has inked a deal to relocate its current corporate headquarters at 733 Concord Avenue in Cambridge to a 140,000-square-foot office building on Technology Park Drive in Billerica.

Avison Young Expands New England Presence

BOSTON-The Canadian commercial real estate company has been broadening its offices into the primary and secondary markets in the US, adding Jack Kerrigan and Steve Cook as principals here.

Developer to Move Forward with Plans for Copley Place Tower

BOSTON-Simon Property Group is proceeding ahead with its plans for a 47-story residential building at Copley Place.

Three Tenants Renew Lease Deals at 495 Business Center

TEWKSBURY, MA-Newmark Knight Frank has closed three lease renewal deals totaling 119,658 square feet at the 495 Business Center located at 500 Business Center Drive in Tewksbury on behalf of Capital Commercial Investments Inc., the landlord.

Illinois Tool Works Extends Lease at 825 University Ave.

NORWOOD, MA-Illinois Tool Works has inked a lease extension for 110,194 square feet of space at 825 University Ave. in Norwood.

Duane Morris to Occupy 28,365 SF at 100 High Street

BOSTON-Duane Morris is moving its Boston office from 470 Atlantic Ave. to 100 High St.

Landmark Center Garners $230M Financing

BOSTON-The owners of the 950,000-square-foot retail and office complex secured a fixed-rate loan through New York Life Insurance and New York State Teachers Retirement System.

Curaspan to Occupy Larger Space at Riverside Center

NEWTON, MA-Jones Lang LaSalle has brokered a lease deal for an office space in Newton.

H3 Biomedicine Leases 49,900 SF at 300 Technology Square

CAMBRIDGE, MA-H3 Biomedicine, owned by the US pharmaceutical arm of Eisai Co. Ltd. in Tokyo, has inked a lease for an office and laboratory space in Cambridge's Kendall Square neighborhood.

Unison Realty Partners Acquires Uxbridge Center for $11M

UXBRIDGE, MA-Unison Realty Partners, headquartered in Cambridge, Massachusetts, has purchased Uxbridge Center, a grocer-anchored retail center measuring 75,985 square feet at 158 Main St. in Uxbridge.

InVivo Therapeutics Leases 21,000 SF at One Kendall Square

CAMBRIDGE, MA-Life sciences company InVivo Therapeutics Holdings Corp. has leased 21,000 square feet of office space at One Kendall Square in Cambridge for its new headquarters.

New Boston Fund Signs Four New Leases Across its Portfolio

BOSTON-New Boston Fund has signed four new lease deals across its portfolio.

Krueger Food Labs, Airvana Take 74,631 SF at 19-21 Alpha Road

CHELMSFORD, MA-KS Partners LLC has inked two lease deals totaling 74,631 square feet at 19-21 Alpha Road in Chelmsford.

DebtX Exclusive Sales Agent for $334M in Loans

BOSTON-The Boston-based loan advisor has been selected to sell a sizeable loan portfolio on behalf of a bankrupt real estate fund.

Market Basket Signs 60,000-SF Lease at Cornerstone Square

WESTFORD, MA-Market Basket will anchor a newest shopping center underway in Westford.

Parcel Sale Advances MA Navy Base Redevelopment

WEYMOUTH, MA-Years in the making, LNR’s $25-million acquisition of 830 remaining acres at the former South Weymouth Naval Air Station comes after the Navy agreed to site cleanup.

BioMed to Acquire Four Cambridge Properties for $343M

CAMBRIDGE, MA-San Diego-based BioMed Realty Trust has signed a definitive agreement to purchase Prudential Real Estate Investors' 80% stake in two office/laboratory structures and two other properties in Cambridge's Rogers Street area for approximately $343 million.

Georgetown Cupcake to Open in Boston

BOSTON-Washington, DC-based Georgetown Cupcake is opening a new store in Boston.

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Events

Look out for the full 2012 RealShare Conference Series schedule--COMING SOON!
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Upcoming Conferences
Feb.
15
RealShare APARTMENTS EAST
Washington, DC
Mar.
07
RealShare PHILADELPHIA
Philadelphia, PA
Mar.
22
RealShare REAL ESTATE 2012
Los Angeles, CA
Apr.
03-03
RealShare NET LEASE 2012
New York, NY
Featured Event
RealShare APARTMENTS EAST


Multifamily's most influential and knowledgeable executives share their insights and outlooks for the marketplace at our upcoming first annual RealShare APARTMENTS EAST conference!
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Webinars

Charging the Hill: Commercial Real Estate and the 2012 Congressional Agenda

December 07
Critical issues impacting commercial real estate are coming up on the 2012 Congressional calendar, and their outcome collectively will impact all practitioners in this space. Top executives who know their way around Capitol Hill will share their thoughts on the direction this industry could take at the hands of our elected officials.

Featured Event
Protect Your Portfolio From Seismic Risk


This video webinar, presented by GlobeSt.com Thought Leader Partner Engineering and Science, Inc., will give commercial real estate investors a thorough overview of seismic Probable Maximum Loss Reports (PMLs). These reports are especially important for those investing in real estate in areas that are at risk for earthquake damage.
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