News

Boston-based Marcus and John M. Corcoran and Company of Braintree, MA have purchased 1943 Dorchester Ave. in Dorchester and 4236 Washington St. in Roslindale.

Greystone, a commercial real estate lending, investment, and advisory firm, has bulked up its special servicing capabilities, acquiring Dallas-based C-III Asset Management, a special servicer with a $20.7 billion servicing portfolio.

IPG has appointed Graham Stephens, formerly of Jones Lang LaSalle in New York City, as a principal in its investments team and head of capital markets.

The company unveiled plans remodel 35 existing stores in 2020 and 2021. With this investment, Giant will grow its commitment to the city of Philadelphia, its home market in Central Pennsylvania, and Monroe County.

CEO Andrew Spodek says the company has never seen a pipeline and response from the postal community this robust.

The e-commerce firm that provides omni-channel marketing and fulfillment services, signed a seven-year lease for 144,614 square feet of space.

Normandy reports that it has raised more than $100 million in commitments to date, and capital raising will continue through 2020 for the Opportunity Zone Fund that has a target of $250 million in commitments.

The property known as Newport Office Center IV was sold by the Lefrak Organization.