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ChicagoJune 3, 2010 The Four Seasons at Las Colinas Irving, TX
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Hanover Rejuvenates $563M Redevelopment
By Telegram & Gazette
WORCESTER, MA-A subsidiary of the insurance company is signing a purchase-and-sale agreement to become the developer for the stagnant 20-acre CitySquare project. ... Full Story
Filene's Site Not 'Blackmail'
By Boston Herald
BOSTON-The CEO of Gale International, the co-developer of the Downtown Crossing site, responds to inflammatory statements about the project. ... Full Story
Statewide Consolidation Calls for 114,451 SF
By Ryan Clark
QUINCY, MA-The Executive Office of Health and Human Services is consolidating numerous locations across the state into HarborSouth. ... Full Story
DebtX Selling $410M of Loans
By Ryan Clark
BOSTON-DebtX is selling a $105.5-million loan portfolio and its joint venture with KEMA Advisors--KDX Ventures--is selling a $306-million HUD portfolio. ... Full Story
Forest City Forms $668M JV
By Ryan Clark
CAMBRIDGE, MA-Health Care REIT is acquiring 49% interest in seven University Park life sciences buildings. ... Full Story
Harvard Shopping $5B Portfolio
By Wall Street Journal
CAMBRIDGE, MA-The university is looking to sell and partner with buyers to free up some $5 billion from it's current $26 billion portfolio, says the Wall Street Journal.
... Full Story
Wychmere Harbor Club Sells
By Cape Cod Times
HARWICH PORT, MA-The Cape Cod Times is reporting that an unnamed Boston-based investor is taking over the mixed-use resort.
... Full Story
Columbus Center In Trouble
By Boston Globe
BOSTON-The proposed $800-million complex is in more trouble, reports Boston Globe after it defaulted on its 99-year lease. ... Full Story
Karma Nominee Trust Buys Sheraton
By Patriot Ledger
BRAINTREE, MA-The Patriot Ledger is reporting that the group of private investors is purchasing the hotel for $9.1 million. ... Full Story
Sheraton Braintree Shutters Doors
By Boston Business Journal
BRAINTREE, MA-The Starwood-owned hotel is closing up, according to Boston Business Journal, and may switch operators. ... Full Story
Mixed REIT Results Show Market Flux
By Bob Howard
BOSTON-Publicly held office REITs here and elsewhere in the US report a combination of earnings, losses, positive FFO and negative FFO.
... Full Story
PetEdge Moves, Expands Into 217,000-SF W/D
By Ryan Clark
BILLERICA, MA-The pet supply products company is moving its main distribution hub from Woburn. ... Full Story
Retail Center Secures $13M Refi
By Ryan Clark
WORCESTER, MA-Perkins Farm Marketplace is 100% leased and anchored by a Super Stop & Shop. ... Full Story
Airpot Expansion in a Holding Pattern
By Cape Cod Times
HYANNIS, MA-The Barnstable Municipal Airport is experiencing delays which will push the project's start into July or later, says the Cape Cod Times. ... Full Story
Government Center Towers on Hold
By Boston Globe
BOSTON-After some opposition, the towers intended for the site of the Government Center garage will undergo a reimagining and delay, reports the Boston Globe. ... Full Story
Boston Properties’ Linde Dies at 67
By Paul Bubny
BOSTON-The cofounder and CEO of the locally-based REIT died Sunday of complications from pneumonia; Mortimer Zuckerman is stepping in as CEO. ... Full Story
Campanelli Picks Up 300 Crown Colony
By Ryan Clark
QUINCY, MA-Campanelli Companies is picking up the 118,000-square-foot office for $8.9 million. ... Full Story
$375M Nets Data Center Portfolio
By Ryan Clark
BEDFORD, MA-Digital Realty Trust, Inc. is acquiring three New England data centers totaling 550,290 square feet in Massachusetts and Connecticut. ... Full Story
No Substitute for the Real Thing
By Ryan Clark
BOSTON-Already boasting a trickling pipeline and moderate negative absorption, withering sublease availability may save Boston from a worse fate. ... Full Story
Acme Packet Consolidating to 123,000-SF HQ
By Ryan Clark
BEDFORD, MA-Moving its headquarters from Burlington, the company is consolidating a few offices into its larger footprint here. ... Full Story
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