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WESTBOROUGH, MA-Zygo Corp. officially exits the telecommunications business with the sale of its vacant facility for $2 million to an undisclosed buyer. The Middlefield, CT-based company is a supplier of equipment for the semiconductor industry.
QUINCY, MA-Munroe Place, a 111-unit, eight-story luxury apartment building at 1205 Hancock St., nailed down $29.8 million in permanent financing. The building was completed this past May by a joint venture of Abbott Real Estate Development and National Electrical Benefit Fund, a Taft-Harley pension plan.
READING, MA-Home Depot is the first retailer to open at the Crossing at Walkers Brook, a $90 million 400,000-sf new retail center along Route 128. The 140,000-sf store will share a common footprint with a 260,000-sf Jordan's Furniture as the project centerpiece.
NEWTON, MA-MassHousing approves a $39.6-million loan commitment for Avalon at Newton Highlands, a 294-unit apartment community. The complex was built under the state's Chapter 40B affordable-housing law on a nearly eight-acre site that was formerly occupied by New England Concrete & Pipe Co.
BOSTON-Tarlow, Breed, Hart, Murphy & Rodgers moves out of the city's business district and into the Back Bay. The firm signs a lease for 18,000 sf on the fifth floor of 101 Huntington Ave. in the Prudential Center.
BEVERLY, MA-A refinancing in the amount of $29 million is arranged for North Beverly Plaza, an 183,599-sf suburban retail center located on nearly 17 acres. The plaza was renovated last year and among its major tenants are Shaw's supermarket and Staples.
BURLINGTON, MA-mValent Inc. leases 10,500 sf at 8 New England Executive Park, part of a 13-building master-planned office park owned by Equity Office Properties. The sublease deal with Siebel Systems represents a relocation of the software firm's headquarters from Tewksbury.
BOSTON-The merger of Manulife Financial with John Hancock Financial Services is about to be felt by the city's office market. The Toronto-based firm has hired Spaulding & Slye Colliers to sublease its excess space as its new 420,000-sf headquarters at 601 Congress St. nears completion.
BOSTON-Lexham Properties acquires 711 Atlantic Ave., an 83,307-sf six-story building, from a joint venture of Paradigm Properties and Westbrook Partners for $17.4 million or $208 per sf. This is the first area purchase for the Connecticut-based firm.
BILLERICA, MA-Who Is Bill Rica LLC, an affiliate of VinCo Properties, purchases a 23,700-sf building at 9 Executive Park Dr. from American Power Conversion Corp. The single-story flex building was recently renovated and is located on Route 129, near the Route 3/Route 495 interchange.
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