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Inland Real Estate Income Trust Buys Home Depot-Anchored Shopping Center Near New Hampshire/Massachusetts Border
Oak Brook, IL-based Inland Real Estate Income Trust (Inland) continues to acquire retail properties at an impressive rate, this time reaching a deal with Fortress Investment Group (NYSE: FIG) to acquire Pentucket Square in Plaistow, NH for an undisclos…

Calare Properties Hires Investor Relations Associate
Meghan Segien has joined private real estate investment firm and operator Calare Properties as an investor relations associate.
Segien will provide daily service and reporting, as well as manage property performance processes, aid in the development of marketing material, manage public relations initiatives and maintain the company’s digital presence.
“Meghan’s proven ability to develop and maintain valued relationships at all levels, coupled…

Thibeault Development Sells Pair of Multifamily Bldgs. in Boston’s Downtown Crossing
Thibeault Development sold the 47-unit, two-building multifamily property at 153 Milk St. and 103 Arch St. in Boston’s Downtown Crossing to Hoffman Cos. for $38.5 million.
153 Milk Street was completely renovated by Thibeault Development when it was…

Physical Sciences Expands in Andover with 33,000-SF Lease at Andover Research Park
Physical Sciences Inc. (PSI), a company that provides research and development services in technical areas to both government and commercial users, signed a lease to occupy 33,000 square feet within the Andover Research Park in Andover, MA.
The comp…

Synergy-Led Venture Snaps Up Center Plaza in Boston for $365 Million
Synergy Investments has closed on its largest acquisition to date after the locally-based full service real estate investment and operating company partnered with GreenOak Real Estate out of New York City to acquire Center Plaza in downtown Boston for …

Mohr Partners Founder Sells Tenant Advisory Firm to Senior Managers
Dallas-based Mohr Partners, Inc. has been acquired by its current president, Robert Shibuya, and four other managers from founder, chairman and CEO Robert “Bob” Mohr, the company announced Tuesday.
The 31-year-old corporate real estate and advisory …

Office Lease Up (April 10) HSBC Inks 548,000-SF Renewal at North American Headquarters
HSBC USA NA, a subsidiary of international banking and financial services organization HSBC Bank, has signed a five-year lease renewal totaling 548,000 square feet in its North American headquarters building at 452 Fifth Ave. in New York City.
The 3…

CoStar’s People of Note (Apr. 7)
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: Austin, San Diego, Los Angeles, Washington DC, Chicago, Toronto, Minneapolis and Northern New Jersey.
AUSTIN
Strategic Hotels & Resorts CEO Plans Jump to Summit Hotel Properties
By Troy Madison

Ironwood Pharmaceuticals Renews 233,000-SF HQ Lease in Cambridge
Ironwood Pharmaceuticals will maintain its headquarters in Cambridge, MA after reaching a deal with building owner BioMed Realty Trust to renew its 233,000-square-foot lease at 301 Binney St.
The drug manufacturer and retailer has leased office and …

Reebok’s Former HQ Campus Hits the Market in Canton
Reebok International has retained CBRE-New England to market the global athletic and footwear apparel company’s former headquarters campus in Canton, MA.
The 680,000-square-foot, four-building office complex sits on 65 acres along Route 128 roughl…
Header Photo Credit: James L. Woodward