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TYNGSBOROUGH, MA-The former New England Power and Marine Buildings are sold in an auction to John Bertos for $1 million. The 26,000 sf property, located at 3-5 Middlesex Rd., consists of three buildings situated on nearly four acres.
FRAMINGHAM, MA-PanGo Networks subleases nearly 7,000 sf at 959 Concord St. The software development and applications company is relocating its worldwide headquarters from Pittsburgh and was able to get one of the remaining available sublease spaces this size in the area.
BOSTON-The Grossman Cos., in a partnership, redevelops the former Bell Steel facility at 150 McClellan Highway. The company, which owns four other buildings on this stretch of road, is building a 138,000-sf self storage facility on the site.
BELLINGHAM, MA-The town's planning board gives Dunkin Donuts' proposal to build a 410,000-sf warehouse on Depot Street the thumbs up. The company wants to build its northeast distribution center on a 35-acre parcel.
EAST BOSTON-Xpress Global Air Freight leases 16,000 sf air freight warehouse space at 370 McClellan Highway. The deal is indicative of this market which is very tight due to its location with immediate access to the airport. The space had been occupied previously by Air Canada.
BOSTON-The Back Bay Restaurant Group acquires 157 Newbury St. for $4.6 million from 1025 Hancock Street Trust. The locally based group intends to develop a mixed-use project on the 14,765-sf property, which is located in the heart of the city's Back Bay.
NEWTON, MA-Ex Libris (USA) Inc. leases 5,749 sf on the third floor of 313 Washington St., an 85,788-sf four-story building located seven miles west of Boston. The property is owned and managed by Paradigm Properties.
WILMINGTON, MA-In one of the larger industrial sale transactions of the year, Wilfab Associates Trust sells 235 Andover St. to Marshall Farmington LLC for $5.4 million. The 13.4-acre property has two existing buildings on the site totaling 92,580 sf.
TAUNTON, MA-A few months after closing on the deal, SSR Realty Advisors secures $15 million in acquisition financing for two warehouse and distribution buildings totaling 589,172 sf. The buildings, located at 275 John Hancock Rd. and 800 John Quincy Adams Rd., were bought from Condyne and LaSalle Investment.
NEWTON, MA-RMR Hospitality and Real Estate Fund prices its initial public offering; 2.5 million shares were priced at $20 per share, totaling nearly $50 million in proceeds. The locally based closed-end investment company invests in securities issued by hospitality and real estate companies.
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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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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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