News

The Greater Boston Association of Realtors reported that 1,214 single-family detached homes were sold in metropolitan Boston, which set a new record for sales for the month and was a 4.9% increase on the 1,157 homes sold in November 2017.

The property is surrounded by numerous retail, restaurant, hotel, and entertainment options and is one block from the river.

The Highlands property was purchased with a 97% leased rate, but that percentage is expected to fall shortly to approximately 70% due to pending lease expirations, Equus Partners reports.

A Global Infrastructure Partners consortium acquired its stake in Gatwick Airport in 2009 for GBP 1.51 billion ($2.5 billion). GIP will manage the remaining 49.99% interest in the airport once the deal with VINCI Airports is finalized.

1501 K St., NW was reportedly sold to an individual firm backed by a high net-worth investor.

MRP Industrial plans to construct the single-story building on a site that formerly contained a Class B, 244,000-square-foot block and metal warehouse, which collapsed from structural failure after a heavy snow storm in 2016.

Boston Properties reports that the Millennium Management lease brings the 1.6-million-square-foot office tower to 93% leased.

The Kiser Group brokered the 250-unit condo deconversion in River North for $38 million.