Blog
Optos Leases 23,000 SF of Office Space in Marlborough, MA
Optos, a UK-based leading provider of devices to eye care professionals, signed a three-year lease for 23,209 square feet in the office building at 500 Nickerson Rd. in Marlborough, MA. Located in the Marlborough Technology Park, the building spans 82,423 square feet...
Focus Healthcare Raises $312 Million for Senior Housing Fund
Focus Healthcare Partners LLC, a Chicago-based private real estate investment firm targeting the senior housing sector, held the closing of its first discretionary investment fund, Focus Senior Housing Fund I LP. This $312 million private equity fund will target...
Longtime Owner Sells Woodland Park Apts. in Auburndale
After more than 50 years, property developer and original owner Chatham Development has sold the Woodland Park Apts. at 264 Grove St. in the west Boston suburb of Auburndale, MA to The Hamilton Co. (NYSE: NEN) for $45.5 million, or approximately $361,000 per unit. The...
Office Lease Up (July 17) JBG Shifting HQ to New Trophy Development in Downtown Bethesda
The JBG Cos. will shift its corporate headquarters to a new trophy building the firm is set to develop at the corner of Woodmont and Bethesda Avenues in downtown Bethesda, MD. The largest development company in the Washington, D.C. area had been looking to secure an...
CoStar’s People of Note (July 14) – Skanska Selects Ward, C-III Taps Davis, Cushman Promotes Bryant…
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: Washington DC, New York City, Raleigh / Durham, Dallas / Ft. Worth, Minneapolis,...
HYM Secures $80 Million for Acquisition, Redevelopment of Suffolk Downs
Boston-based HYM Investment Group secured $80 million in acquisition financing for the company's $155 million purchase of the 161.2-acre Suffolk Downs horse racetrack that closed early last month. Located roughly four miles from downtown Boston between East Boston and...
C4 Therapeutics Relocating Cambridge Offices to 45,000 SF at LINX Bldg. in Watertown
Private biotechnology company C4 Therapeutics signed a lease to relocate from Kendall Square in Cambridge to 45,000 square feet at the brand new LINX building located at 490 Arsenal Way in Watertown, MS. Boylston Properties completed construction this past April on...
Siemens Invests $300 Million in Expansion of Main Manufacturing/R&D Hub in Walpole
Siemens Corp., the U.S. subsidiary of German conglomerate company and the largest industrial manufacturing company in Europe, Siemens AG, has begun construction on a $300 million expansion of a pivotal manufacturing and R&D hub utilized by Siemens Healthineers,...
Jones Street Investment Partners Buys 288-Unit Apt. Building in Cumberland, RI
Hingham, MA-based Jones Street Investment Partners has acquired the 288-unit Cumberland Crossing in Cumberland, RI from UBS Group and Lincoln Property Co. The 357,646-square-foot apartment community consists of 84 one- and 204 two-bedroom units, averaging 932 square...
Office Lease Up (July 10) Dealertrack Signs 233,000-SF Full Bldg Office Lease in New Hyde Park
Dealertrack, an automotive solution software provider to the retail market, has signed a 17-year, full-building office lease for 233,000 square feet at 3400 New Hyde Park Rd. in New Hyde Park, NY. The new four-story building delivered this month on 8.4 acres in the...
Header Photo Credit: James L. Woodward