Quincy and South Shore Massachusetts Commercial Real Estate Blog

Frazer Capital Sells 41 Winter St. in Downtown Boston for $24.8 Million
After wrapping up a complete renovation of the property, Frazer Capital has sold the 28,690-square-foot, eight-story office and retail building at 41 Winter St. in downtown Boston for $24.8 million, or about $864 per square foot. The buyer is Gazit Horizons, a...

Chartwell Holdings Buys Baker Chocolate Factory Apts. for $35.2 Million
Chartwell Holdings, a Newton, MA-based real estate firm focused on the investment and management of multifamily communities, acquired the historic Baker Chocolate Factory Apts. at 1220 Adams St. in Dorchester, MA for $35.2 million, or about $265,000 per unit. The...

Jumbo Capital, Sound Mark Land Stony Brook Office Park in +$80 Million Deal
The 270,196-square-foot Stony Brook Office Park in Waltham, MA has sold for $80.058 million. Jumbo Capital Management of Quincy, MA and Sound Mark Partners out of Greenwich, CT paid roughly $296 per square foot for the suburban campus comprised of four interconnected...

Jumbo Capital, Sound Mark Partners Land Stony Brook Office Park in +$80 Million Deal
The 270,196-square-foot Stony Brook Office Park in Waltham, MA has sold for $80.058 million. Jumbo Capital Management of Quincy, MA and Sound Mark Partners out of Greenwich, CT paid roughly $296 per square foot for the suburban campus comprised of four interconnected...

Gazit-Globe Subsidiary to Open New Office in Boston
The U.S. subsidiary of Israeli shopping center and mixed-use owner, operator and developer Gazit-Globe (NYSE; TSX; TASE: GZT) has confirmed plans to open a new office in Boston. Alison Lies, a former vice president of acquisitions at Equity One, will relocate to...

HFF Appoints New Boston Senior Director
HFF has hired former CBRE executive Kerry Hawkins as a senior director in the firm's Boston office. In her new role, she will specialize in office investment advisory transactions. Hawkins joins HFF after more than a decade with CBRE, where she most recently served as...

Middlesex Marketplace Trades Hands in Burlington
Crow Holdings Capital Partners-Real Estate (CHC-RE), a private equity real estate fund and a diversified investment advisory firm, acquired the Middlesex Marketplace in Burlington, MA for $29 million, or approximately $1,017 per square foot. The 38,243-square-foot...

Addgene Latest to Sign On at LINX in Watertown
Addgene, a global, nonprofit repository created to help scientists share plasmids, is joining the tenant roster at LINX in Watertown, MA. The organization agreed to a lease for 39,333 square feet at the 185,595-square-foot, two-story creative lab and office building,...

Atlanta Investor Acquires Large Portfolio from Piedmont Office Realty Trust
Pictured: Piedmont Pointe I in Bethesda, MD.An Atlanta-based subsidiary of Utah's Bridge Investment Group is making a major statement with the acquisition of more than a dozen office properties in eight markets across the United States. Bridge Office Fund Manager, led...

Paradigm Sells 93 Summer St to Bentall Kennedy for $19M
Paradigm Properties acquired 93 Summer St. in Boston in 2015 for $5 million and recently sold it to Bentall Kennedy for $19 million. The five-story building totals 25,000 square feet and is located steps from South Station. It features 5,000-square-foot floor plates...
Header Photo Credit: James L. Woodward