Blog
MG2 Group Secures $38 Million Loan for Pair of Adjacent Mixed-Use Bldgs.in Downtown Worcester
MG2, one of the largest architecture firms in the nation, will use a recently obtained $38 million floating-rate loan to transform two of the company's mixed-use assets in downtown Worcester, MA to luxury apartments. The adjacent Bancroft on the Grid and Portland on...
Cambridge Office Bldg. Home to Santander Bank Changes Hands for $30.1 Million
A Cambridge, MA office and retail building fully leased to Santander Bank has been acquired by an individual investor for $30.1 million, or approximately $647 per square foot. Cardinal Capital Partners sold the 46,350-square-foot, four-story building, which originally...
Alexandria Real Estate Signs Facebook to 130,000-SF Deal, Brings 100 Binney St. Project to 100% Preleased
Urban office REIT Alexandria Real Estate Equities (NYSE: ARE) has fully preleased the company's 100 Binney St. project in Cambridge, MA a month out from completion after signing leading online social media platform Facebook (NYSE: FB) to a 130,000-square-foot lease...
Alexandria Real Estate Signs Facebook to 130,000-SF Deal, Brings 100 Binney St. Project to Fully Preleased
Urban office REIT Alexandria Real Estate Equities (NYSE: ARE) has fully preleased the company's 100 Binney St. project in Cambridge, MA a month out from completion after signing leading online social media platform Facebook (NYSE: FB) to a 130,000-square-foot lease...
CoStar’s People of Note (Sept. 8) – Marcus & Millichap Promotes Kristol, CBC Hires Jensen
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: South Florida, Salt Lake City, Chicago, Phoenix / Tucson, Washington DC, Northern...
The Davis Cos. Buys Class A Office Bldg. in Cambridge
Looking to take advantage of optimistic growth trends in the West Cambridge submarket, Boston-based The Davis Cos. acquired 625 Mount Auburn St. in Cambridge, MA from KBS Realty Advisors for $44.5 million, or about $324 per square foot. 625 Mount Auburn is a...
Valencia Realty Capital Names Director of Business Development
Boston-based commercial mortgage advisor Valencia Realty Capital has hired Duncan France as its new director of business development. France worked in hospitality management for a decade before joining Shirley, MA-based Senate Construction Corp in 2013 as its director...
Wood Partners Sells 182-Unit The Washingtons in Melrose
Two years after delivering the community, Atlanta-based Wood Partners has sold The Washingtons in Melrose, MA to Monogram Residential Trust (NYSE: MORE), an owner, operator and developer of luxury apartment communities headquartered out of Plano, TX. Monogram acquired...
O’Regan Returns to Cushman & Wakefield Boston as Executive Director
Tom O'Regan has rejoined the Boston office of Cushman & Wakefield where he will step into the role of executive director within the firm's downtown Boston leasing team. The +20-year industry veteran served as a director with Cushman & Wakefield early in his...
John Hancock Acquires Apts. in Navy Yard
John Hancock Real Estate acquired HarborView at the Navy Yard on Boston Harbor in the historic Charlestown Navy Yard. The 224-unit, Class-A high-rise multi-family property, constructed in 2007, sold for $149.25 million or about $666,295/unit. The seller was listed as...
Header Photo Credit: James L. Woodward