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BOSTON-MassHousing had its strongest lending year ever in its 38-year history. The quasi-public agency provided $704 million in financing for more than 7,000 housing units in fiscal year 2004, which ended June 30.
BOSTON-670 Albany St., a 160,000-sf biotechnology research building within the BioSquare complex, nails $46 million in construction and permanent financing. The building is scheduled to be completed in the fall of 2005 and is 60% preleased to Boston University and Boston Medical Center.
FRANKLIN, MA-Union Place receives a $48-million equity and permanent debt placement for the construction and financing of the Residences at Union Place, a 300-unit apartment project.
ANDOVER, MA-Genesis HealthCare renewed its lease of 29,200 sf at 200 Brickstone Square, which is part of a one million-sf office complex. The company, a long-term care and rehabilitation therapy provider, renewed its lease early in order to reduce its occupancy costs.
BOSTON-Evergreen Investments, a division of Wachovia Corp., renews its lease for 195,301 sf at 200 Berkeley St. The 756,000-sf tower has 20 of its 26 stories occupied by John Hancock Insurance. Beacon Capital acquired the building last March when it bought the John Hancock complex.
HUDSON, MA-The town's board of selectman approves the sale of an eight-acre parcel off Route 62 to Sullivan Hayes Cos. The development company plans to build a shopping center on this site and on an adjacent parcel it already acquired in neighboring Berlin.
STURBRIDGE, MA-Coherent General sells One Picker Rd., a 58,344-sf manufacturing facility, to Sturbridge Realty Trust for nearly $1.4 million. The deal includes nearly 25 acres of additional property which the new owners plan to develop.
BOSTON-Suffolk University has signed a master lease to take over 73 Tremont St. as space becomes available in the 300,000-sf building. The deal is part of the university's commitment to shift its campus location to Downtown Crossing.
SHREWSBURY, MA-Metso Automation USA leases 41,000 sf at 28 Bowditch Dr. The company, which specializes in automation and information management application networks and systems, has its offices up the block at 44 Bowditch Dr.
HINGHAM, MA-Barnes & Noble Inc. opens a new 25,000-sf bookstore in the Derby Street Shoppes at Route 3 and Derby St. Last year, Newton, MA-based SR Weiner Associates and its affiliate W/S Development Associates converted the 450,000-sf shopping center into an open-air lifestyle center.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource