Blog
Senate Construction Hires New Assistant Superintendent
Griffin Couture joined Senate Construction as an assistant superintendent. Couture previously worked for the Department of Conservation and Recreation, and Cooch & Sons Plastering Inc. He is currently pursuing a degree in building and construction technology at...
Sonus Networks Extends Full Occupancy HQ Lease in Westford Technology Park
Sonus Networks has extended its full occupancy lease within the Westford Technology Park in Westford, MA where the company maintains its corporate headquarters. The communications equipment provider has fully occupied the two-story building, 97,500-square-foot...
CoStar’s People of Note (July 7) – Duke Promotes Schnur, Marcus & Millichap Hires Anton, Allred Joins Avison Young…
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: Indianapolis, New York City, Las Vegas, Los Angeles, Inland Empire, Westchester /...
Apparel Retailer True Religion Restructuring through Ch. 11
Jeans retailer True Religion Apparel Inc., filed a voluntary Chapter 11 petition in the U.S. Bankruptcy Court and expects to obtain confirmation of its pre-arranged reorganization plan in three to four months. The Los Angeles-based retailer has secured investor...
CoStar’s People of Note (June 30) – CBRE Taps Van Devender, MBRE Promotes Aluisi…
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: Los Angeles, Detroit / Grand Rapids, Chicago, New York City, Washington DC, Dallas /...
J.V. Pays $51 Million for Glen Meadow Apts. in Franklin
Braintree, MA-based Schochet Cos. has partnered with Jonathan Rose Cos. out of New York City to acquire Glen Meadow Apts., a 288-unit, garden-style community located at 43 Glen Meadow Rd. in Franklin, MA. The venture paid $51.1 million, or about $177,000 per unit, for...
Government Properties REIT Buying First Potomac for $1.4 Billion
One REIT is acquiring another as Government Properties Income Trust (Nasdaq:GOV) today announced an agreement to acquire First Potomac Realty Trust (NYSE:FPO) for $1.4 billion. The cash consideration to be paid to FPO shareholders would be $11.15 per common share,...
Government Properties Income Trust Seeks To Acquire First Potomac Realty for $1.4 Billion
Government Properties Income Trust (Nasdaq:GOV) today reached an agreement to acquire all First Potomac Realty Trust (NYSE:FPO) for $1.4 billion. The cash consideration to be paid to FPO shareholders would be $11.15 per common share, ($683 million in total). That...
Longfellow, Morgan Stanley Team Up to Buy 136,000-SF Office Bldg. in CambridgePark
Boston-based development, investment and management firm Longfellow Real Estate Partners teamed up with the private real estate investing team at Morgan Stanley to acquire 100 CambridgePark Dr. in Cambridge, MA for an undisclosed amount. The 135,572-square-foot,...
Vacant Retail/Office Complex in Downtown Boston Changes Hands for $63 Million
A long-vacant retail and office complex in downtown Boston has sold to a private national investor in a $63.25 million completed late last week. Commonwealth Holding secured an $837 per square foot price for the 75,540-square-foot, five-story building that has stood...
Header Photo Credit: James L. Woodward