Quincy and South Shore Massachusetts Commercial Real Estate Blog
Agios Pharmaceuticals Expands in Cambridge
Agios Pharmaceuticals (NYSE: AGIO) will expand its footprint in Cambridge, MA after agreeing to a lease for 27,100 square feet of office and laboratory space at The Richards Building at 64 Sidney St. The Richards Building was constructed in 1990 as part of University...
Harbor Group Acquires 9,677-Unit Apartment Portfolio in $1.8 Billion Deal from Lone Star
The 696-unit Gardencrest Apartments in Waltham, MAHarbor Group International has acquired a 25-property, 9,677-unit multifamily portfolio spanning five metropolitan areas from affiliates of Lone Star Funds. The $1.8 billion transaction (about $186,000 per unit) is the...
Harbor Group Acquires $1.8 Billion, 9,677-unit Apartment Portfolio from Lone Star
The 696-unit Gardencrest Apartments in Waltham, MAHarbor Group International has acquired a 25-property, 9,677-unit multifamily portfolio spanning five major metropolitan areas from affiliates of Lone Star Funds. The $1.8 billion transaction (about $186,000 per unit)...
CoStar’s People of Note (Dec. 1) – Mobley Named CEO at Cushman, CBRE’s Schoppmann and CBC’s Abdo Promoted…
The following companies announced personnel moves this week: Cushman & Wakefield, CBRE, CBC Advisors, IRR, Hold-Thyssen, Schuckman Realty, Lloyd Jones Capital and SVN Parsons.img.pon{display: block; padding: 5px; width: 25%; max-width:180px; max-height: 220px;...
Summit Hotel Properties Finalizes $164 Million Portfolio Purchase
Two weeks after disclosing the agreement, leading U.S. hotel owner/operator Summit Hotel Properties (NYSE: INN) has finalized its deal with Noble Investment Group out of Atlanta to acquire four hotels totaling 652 guestrooms for $164 million, or approximately $252,000...
Blackstone Remains Active Player in CMBS, Taps Market to Refi $3.33 Billion in Property Loans
JW Marriott Grande Lakes, OrlandoBlackstone Group (NYSE:BX) affiliates have completed three more major property refinancings in the commercial mortgage backed securities markets in recent weeks. The CMBS trust balances total more than $3.33 billion with all but $700...
Blackstone Remains Active Player in CMBS, Taps Market to Refi $1.5 Billion in Property Loans
JW Marriott Grande Lakes, OrlandoBlackstone Group (NYSE:BX) affiliates have completed three more major property refinancings in the commercial mortgage backed securities markets in recent weeks. The CMBS trust balances total more than $1.5 billion with about half of...
Piedmont Strikes Deals to Sell 14 Office Buildings to Pair of Undisclosed Buyers
Piedmont Pointe II in Bethesda, MDAs part of its ongoing strategy to focus on owning Class A office properties in select submarkets primarily within eight major Eastern U.S. office markets, Piedmont Office Realty Trust (NYSE:PDM) said it is in the process of selling...
CoStar’s People of Note (Nov. 17) – Levy Lands at Crow, DePizzol Departs for NKF, Burdette Joins JLL…
The following companies announced personnel moves this week: Crow Holdings, Newmark Knight Frank, JLL, Avison Young, Kidder Matthews, Transwestern, JAG and Cushman & Wakefield | Thalhimer.img.pon{display: block; padding: 5px; width: 25%; max-width:180px;...
Pental Surfaces Leases 68,000 SF in Mansfield for First Northeast Location
Pental Surfaces, one of the largest wholesale tile and stone distributors in the western U.S., has signed a lease for its first Northeast location. The company will take 68,373 square feet of industrial space at 50 Hampden Rd., a 204,151-square-foot facility located...
Header Photo Credit: James L. Woodward