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REALSHARE CONFERENCES
Northern Virginia
December 1, 2009
Hilton McLean Tysons Corner - McLean, VA
 
Full 2009 Conference Schedule >
BOSTON BREAKING NEWS
November 21, 2009
Tenant Buys 128,000-SF HQ

AVON, MA-The sole tenant of 1 Kiddie Dr. is purchasing the office/warehouse and consolidating its headquarters there. ... Full Story

IDC Renews HQ Leases for 143,00 SF

FRAMINGHAM, MA-The tech advisory company is staying in 100% of 5 Speen St and two floors in 3 Speen, while parent company IDG is staying at 699 Boylston. ... Full Story

Mountain Resort Secures $10M Refi

HANCOCK, MA-CNL REIT secured the fixed-rate, five-year refi for its Jiminy Peak Mountain Resort. ... Full Story

Forest City Secures $90M Tech Office Refi

CAMBRIDGE, MA-forect City Enterprises secured the financing for 45/75 Sydney St., dual office buildings at University Park at MIT. ... Full Story

Apartment Complex Sells for $130M

BROOKLINE, MA -The Hamilton Co., along with its affiliate New England Ralty Associates, is purchasing the 409-unit Dexter Park. ... Full Story

Home Depot Buys, Readies 72-Acre Site

WESTFIELD, MA-The big box retailer is paying $5.77 million to develop a 650,000-square-foot distribution center in Campanelli Business Park. ... Full Story

446-Units Land $60M Bridge Loan

PEABODY, MA-The Highlands at Dearborn Apartments are securing an interst-only bridge loan. ... Full Story

206,000-SF Office/Warehouse Goes for $15M

PORTSMOUTH, NH-Winstanley Enterprises is purchasing 100% leased 72 Pease Blvd. from iStar Financial in an all-cash deal. ... Full Story

Boston Stands Tough

BOSTON-Although there is still rising negative absorption in the office market, a number of factors indicate that Boston rolled with the recession's punches. ... Full Story

Shopping Center Secures $10M Refi

WESTBOROUGH, MA-The 185,279-square-foot Speedway Plaza Shopping Center picked up a five-year, fixed-rate loan. ... Full Story

40-Unit Development Tops Off

BOSTON-The six-story condominium/apartment development wraps up 40% pre-leased at 601 Albany St. ... Full Story

Office/Warehouse Secures Almost $2M Tag

NORWOOD, MA-JI Enterprise is buying 31 Astor Ave. here for $1.59 million from owner Atlantic Safety Products. ... Full Story

Retail JV Focuses on Service Enhancement

BOSTON-CBRE/NE and GCREG, Inc. are forming the JV CBRE/Grossman Retail Advisors. ... Full Story

Verizon Inks New 200,000-SF Lease

BOSTON-The wireless provider is deciding to stay in its former building, signing a new long-term lease for 201,967 square feet. ... Full Story

CBRE Fund Purchases Avalon at Faxon Park

QUINCY, MA-The CBRE Strategic Partners US 5 is scooping up the 171-unit apartment community for what a source says is $27 million ... Full Story

185 Franklin Files Redevelopment Plan With BRA

BOSTON-Commonwealth Properties and Kennedy has submitted a plan to convert office space to retail and put a more accessible lobby on High Street. ... Full Story

105-Unit MF Makes a Move

ACTON, MA-Equity Residential is selling Spring Hill Commons to Needham-based Universal Realty for what the Worcester Business Journal is citing as $8.4 million. ... Full Story

FedEx Takes 343,000 SF of W/D

NORTHBOROUGH, MA-The international shipping company is renewing its 180,200-square-foot lease concurrently with the take-over of the rest of the building--162,700 square feet. ... Full Story

$10M Takes Coventry Crossing

COVENTRY, RI-Hecht Development is selling its retail center for $10 million to a private investor. ... Full Story

ERAdvisors Ready to Help Lenders

NORWELL, MA-The advisory firm is forming to bring loan workouts to banks with a value-add developer and architect here in New England. ... Full Story

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