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BOSTON-The Jesuits sell the former Boston College High School to Harrison Commons LLC, a joint venture of Robert F. Walsh, of RF Walsh & Co., and Robert N. Kenney, of Kenney Development, for $11.8 million. The new owners plan to convert the building into 60 condominiums.
BOSTON-The two four-story brick apartment buildings are located at 89-95 Park Dr. in the Fenway neighborhood. The buildings, which total 48 units, were originally constructed in the early 1900s and underwent a complete renovation by the current owner in the mid 1980s.
BEVERLY, MA-Two projects totaling 74 units get town approval. The former Edwards School is being redeveloped by Symes Associates into a 28-unit condo building, while Roof Investors is redeveloping the former Pisani's market on Rantoul Street into a 46-unit condo building.
CAMBRIDGE, MA-Kitchen Etc., the Exeter, NH-based retail chain, is closing its 17 stores in New England, including its six stores in the state. The company filed for bankruptcy court protection this past June.
BEDFORD, MA-Opta Foods Ingredients Inc. sells 25 Wiggins Ave. to Toxikon Corp. for $4.8 million. Opta Foods previously fully occupied the building and will now share the space with the new owner.
WILMINGTON, MA-The Praedium Group LLC and Griffith Properties LLC purchase the buildings and 16 acres of developable land at 200 Ballardvale St. in a joint-venture deal. Belgium-based Agfa-Gevaert sold the property for just under $19.3 million.
MEDFIELD, MA-The redevelopment of the 225-acre former Medfield State Hospital property took a surprising turn when consultants the town hired to evaluate the site said that the project would need up to 600 units. The town wanted much less density in the redevelopment project.
CAMBRIDGE, MA-Smithsonian Astrophyical Observatory leases 81,500 sf of office and research and development space in a new 150,000-sf building to be constructed at Cambridge Discovery Park. The facility is scheduled to be completed at the end of 2005.
ANDOVER, MA-The SpringHill Suites Boston Andover hotel is going on the auction block in a move that is indicative of a hotel market that is still struggling. The 136-room hotel, located at 550 Minuteman Rd., is owned by Thayer Lodging.
CAMBRIDGE, MA-Beacon Capital Partners sells One First Street, a six-story, eight-building complex totaling 269,793 sf located to Leggat McCall Properties in a joint venture with ING for $14.4 million. The complex will be converted into a residential community with 199 units.
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