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Gerding Edlen Investment Management, a Portland, OR-based real estate investment manager, held final close of its third real estate fund, Gerding Edlen Green Cities III.

Gerding Edlen will seek to invest Fund III in mixed-use, multifamily, and offic…

Andrew Couch joined JLL New England as vice president of the retail lease and debt restructuring team.

Couch’s work will center on a nationwide focus on restructuring retail services and assisting clients looking to revamp their portfolios with JLL’s services.

Previously, Couch served as managing director of retail real estate at Gordon Brothers Group, an international investment and advisory firm headquartered in Boston.

His career also…

Auburn, MA-based PhilMor Real Estate Investments acquired the 304-unit Rolling Green apartment complex at 1 Rolling Green Rd. in Milford, MA from Equity Residential for $47.6 million, or approximately $157,000 per unit.

PhilMor secured a $38.7 milli…

The new construction project for the Boston Celtics’ practice and training facility at 40 Guest St in Brighton, MA received permanent financing and a construction loan through East Boston Savings Bank. Transwestern Consulting Group arranged the loan on…

Heavy equipment manufacturer Caterpillar Inc. (NYSE: CAT) announced Wednesday it will relocate to Chicago’s suburbs, opting to move its global headquarters to the northern Chicago suburb of Deerfield over several downtown options after more than 90 yea…

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: Philadelphia, South Florida, Houston, Atlanta, Dallas / Ft. Worth, E…

Dallas-based Mohr Partners, Inc. (MPI) acquired by senior management earlier this month from founder, chairman and CEO Robert “Bob” Mohr, has named the four minority shareholders that will round out the management and ownership team led by current pres…

Two tenants leased a total of 70,000 square feet in the office building at 35 Parkwood Dr. in Hopkinton, MA.

Illinois Tool Works, a diversified manufacturer of specialized industrial equipment, leased roughly 44,000 square feet, while Prism HR took …

Helge Capital obtained a $56.25 million first mortgage loan to recapitalize a 19-property multifamily portfolio spanning the Greater Boston area and Lynn, MA.

The portfolio contains affordable and market-rate apartments. John Kelly of CBRE/New England’s multifamily debt and structured finance team arranged the financing of the portfolio through a national lender.

Helge Capital is a commercial real estate investment and operating company that…

Nippon Telegraph and Telephone Corp. has acquired a 15% interest in Normandy Real Estate Partners, a New York-based real estate fund manager that owns and operates 14 million square feet of space in major East Coast markets and a development pipeline o…