Quincy and South Shore Massachusetts Commercial Real Estate Blog

Asana Partners Pays $108 Million for Brattle Court
Asana Partners, a real estate investment company headquartered in Charlotte, NC, has acquired Brattle Court in Cambridge, MA for $108 million, or approximately $1,745 per square foot. Brattle Court is a 61,858-square-foot mixed-use portfolio comprised of the...

Multifamily Deliveries in Providence to Peak in ’18
The multifamily supply wave cresting over many U.S. markets arrived late to Providence, but developers are building apartments units at a rate not seen in decades. New apartment units could top the 1,000 mark when 2018 is over, blowing past any single-year total in...

NorthBridge Partners Acquires 344,000-SF Clinton Industrial Complex
Northbridge Partners, a Boston-based commercial real estate investment firm, purchased 100 Adams Rd. in Clinton, MA for $20.45 million, or approximately $59 per square foot. The 345,000-square-foot high-bay warehouse is fully occupied by five tenants, though CBRE-New...

Landings Real Estate Refinances 240-Unit Apt. Complex in Fall River
Newport, RI-based Landings Real Estate Group refinanced its South Coast Landings community in Fall River, MA with $23.5 million in senior financing and a $1 million mezzanine loan. South Coast Landings delivered in 1974 on a 17.15-acre site roughly 18 miles southeast...

CoStar Market Insights: Multifamily Deliveries in Providence to Peak in ’18
The multifamily supply wave cresting over many U.S. markets arrived late to Providence, but developers are building apartments at a rate not seen in decades. New units could top the 1,000 mark when 2018 is over, blowing past any single-year total in either this cycle...

CoStar Market Insights: Boston Apartment Construction Cresting in ’18
Unless you have been living in a cave the past few years, it is impossible not to notice the tremendous amount of apartment supply hitting Boston. Due to better than average fundamentals, Boston was one of the first metro areas out of the post-recession supply gate in...

Boston’s Historic Fairmont Copley Plaza Trades in $170 Million Deal
The owner of Faneuil Hall Marketplace and the South Station added another iconic Boston asset to its holdings following news New York City-based Ashkenazy Acquisition Corp. acquired the Fairmont Copley Plaza from RLJ Lodging Trust (NYSE: RLJ) for $170 million, or...

Harvard Management Co. Spinning Out Real Estate Investment to Bain Capital
Bain Capital, a Boston-based multi-asset alternative investment firms, has formed Bain Capital Real Estate that will be comprised of the professionals currently managing Harvard Management Co.'s (HMC) real estate investments. Harvard Management, which manages...

DDR To Spin Off $3 Billion of Properties into New REIT
Silver Spring Square in Harrisburg, PA, is the largest of the properties DDR is spinning off.DDR Corp. (NYSE: DDR), a Cleveland-based shopping center REIT, plans to spin off a portfolio of 50 assets, including all of its Puerto Rico portfolio, into a separate...

DDR To Spin Off $3 Billion of Properties into a New REIT
Silver Spring Square in Harrisburg, PA, is the largest of the properties DDR is spinning off.DDR Corp. (NYSE: DDR), a Cleveland-based shopping center REIT, plans to spin off a portfolio of 50 assets, including all of its Puerto Rico portfolio, into a separate...
Header Photo Credit: James L. Woodward