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MARLBOROUGH, MA-In a deal that demonstrates the attraction of leased, quality space to institutional investors, a Boston-based real estate adviser acquires Lake Williams Corporate Center for $33.25 million.
CAMBRIDGE, MA-London-based Orange Personal Communications Services Ltd. takes 24,000 sf at 175 Second St. to make its first foray into across the pond. The communications firm will use the space as an R&D facility.
BOXBOROUGH, MA-While the market still remains relatively quiet, fully leased properties with good credit tenants are managing to find buyers. Evidence of that can be seen in Marwick Associate's recent acquisition of 1300 Massachusetts Avenue and 330 Codman Hill Rd. for $12 million.
BILLERICA, MA-New Boston Fund purchases RiverTech Park, a 285,000-sf manufacturing facility, from Nortel Networks for $23.3 million. Two years ago, Nortel acquired the park for $33.5 million.
GREATER BOSTON-The double whammy of the recession and the terror attacks of Sept. 11 are still being felt in this area's hotel market in the form of plummeting occupancy rates and reduced average daily room rates.
WAYLAND, MA-Town officials insist that National Development's proposed 721-unit residential complex for Framingham on the Wayland border will impact its traffic and they want the Newton, MA-based company to do additional traffic studies before the plan moves forward.
BOSTON-Governor Jane M. Swift's recent legislation to create a public trust to oversee the Surface Artery land--the 30 acres that will be exposed by the Big Dig--gets city support but must work out its kinks quickly.
CAMBRIDGE, MA-Harvard University abandons its plan to build an art museum on its two-acre site right near the Charles River. Local opposition to the plan convinced the university to propose student housing for the site instead.
BOSTON-Liberty Place, a 419-unit apartment building proposed for 660 Washington St., receives an endorsement from the Chinatown Neighborhood Council. The group recommends that the city approve the project.
BOXBOROUGH, MA-Lend Lease Real Estate Investments Inc. purchases 80 Central St. on behalf of an undisclosed pension fund client. An industry source tells GlobeSt.com that the building sold for approximately $13.7 million or the low $90s per sf.
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.
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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.
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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.
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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.
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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