Blog

Covenir Picks The Guaranty Bldg. in Downtown Worcester for New Office
Covenir, a Chicago-based company that supports insurance companies in various backroom functions, signed a new lease for 15,475 square feet in the Guaranty Building at 370 Main St. in downtown Worcester, MA. The 12-story Guaranty Building totals 193,932 square feet...

For Amazon’s Second HQ’s Search, Bigger May Be Better
While there has been no shortage of market conjecture in recent weeks on where Amazon will decide to locate its new 'co-headquarters,' we decided to crunch the numbers using CoStar’s unparalleled database of commercial real estate information using the key criteria...

CoStar Market Insights: Boston Is Great On Paper, But Seems Unlikely To Win Amazon’s HQ2 Contest
Most major metros across the country are clamoring at the chance to land Amazon’s second headquarters and the 50,000 high-paying jobs that will come with it. CoStar compiled all the requirements listed by Amazon and based on those, Boston ranks 9th out of the more...

Northwood Investors, Anchor Line Partners Hook Totten Pond Office Park for $51.5 Million
Northwood Investors, a New York City-based investment firm, partnered with Boston-based firm Anchor Line Partners to acquire the Totten Pond Office Park in Waltham, MA for $51.5 million, or approximately $173 per square foot. Totten Pond is a three-building office...

Office Lease Up (September 25) Facebook Takes 436,000 SF in San Francisco’s Largest Office Lease Since 2014
Facebook, Inc. has leased all 436,000 square feet of office space at developer Jay Paul's 181 Fremont St., a 70-story office tower under construction in downtown San Francisco across from the Transbay Transit Center. The social media giant leased the space for about...

Alexion Pharmaceuticals 150,000-SF HQ Lease Brings 121 Seaport Project to Full Occupancy
A second major office lease at Skanska's 421,320-square-foot, 17-story office high-rise slated to deliver early next year at 121 Seaport Blvd. in Boston's Seaport District has brought the elliptical-shaped tower to full occupancy. Alexion Pharmaceuticals finalized a...

The Gutierrez Co. Executes Three New Deals at 200 Summit
The Gutierrez Co. completed three lease transactions at the company's 250,000-square-foot, six-story 200 Summit office building located at 200 Wheeler Rd. within The Summit office park in Burlington, MA. 128 Technology expanded and leased 16,387 square feet at the...

KS Partners Appoints Exlusive Leasing Agent for Highwood Office Park in Tewksbury
KS Partners has named Cushman & Wakefield the exclusive leasing agent for Highwood Office Park, a 279,000-square-foot, three-building office park located at 1 - 3 Highwood Dr. in Tewksbury, MA. The park was constructed in phases from 1989 to 1999 on a 17.7-acre...

Two New Finance REITs Launch
The ranks of alternative CRE lenders grew this week as two new REITs launched following the completion of their initial stock offerings: FS Credit Real Estate Income Trust, a nontraded REIT, and Tremont Mortgage Trust, publicly traded on the Nasdaq Exchange. FS Credit...

Rubenstein Sells Stake in 242,000-SF Office Bldg. and Adjacent Parking Lot in Boston’s South End
Philadelphia-based real estate investment manager Rubenstein Partners has sold its interest in the 242,228-square-foot office building at 1000 Washington St. as well as the adjacent four-story parking garage at 321 Harrison Ave. in Boston's South End to Nordblom Co....
Header Photo Credit: James L. Woodward