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North River Co. Recapitalizes Somerville Office Bldg.
North River Co. has recapitalized 200 Inner Belt Rd., a 186,326-square-foot, four-story office building located in Somerville, MA.
The Class A property is 97% leased to a tenant roster that includes Harvard Art Museums Archives, the Archaeological Exploration of Sardis, the museum’s communications division and department of digital imaging and visual resources, and anchor tenant Harvard University’s Somerville research facility.
Completed in…

Office Lease Up (April 3) Amazon Leases 214,000-SF Spec Development in East Palo Alto
Amazon (NYSE: AMZN) has signed a lease to fully occupy The Sobrato Organization’s new 214,052-square-foot speculative development at 2100 University Ave. in East Palo Alto, CA.
Devcon Construction completed work this past December on the four-story,…

CoStar’s People of Note (Mar. 31)
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: New York City, Los Angeles, Washington DC, Philadelphia, East Bay, Phoenix / Tucson, Toronto, Atlanta, Denver, Jacksonville, South Florida, Boston, Baltimore and Dallas / Ft. Worth.
NEW YORK CITY
Murphy Joins Cushman & Wakefield as Exec. Vice Chairman
By Nadia Chowbay…

RETAIL NEWS SERIES: Flurry of Dept. Store Closures Forcing Mall Owners to Adapt, Reinvest or Die
Part 1: Sears Discloses for First Time it May Not Survive, Marks Latest Blow to Dept. Store/Mall Sector
Part: 2: Investors Still Willing to Bet Big on Mall Turnarounds, Even Those Hit by Triple Anchor Closures
In this two-part news report by Sen…

<B>RETAIL NEWS SERIES</B>: Flurry of Dept. Store Closures Forcing Mall Owners to Adapt, Reinvest or Die
Part 1: Sears Discloses for First Time it May Not Survive, Marks Latest Blow to Dept. Store/Mall Sector
Part: 2: Investors Still Willing to Bet Big on Mall Turnarounds, Even Those Hit by Triple Anchor Closures
In this two-part news report by Sen…

Gaming Company Relocating HQ to Penn Place in Framingham
Disruptor Beam leased 32,264 square feet on the second and third floor at Penn Place in Framingham, MA where the mobile and social game developer will establish its corporate headquarters.
The company will relocate its head offices from 161 Worceste…

Cushman & Wakefield Elevates Quick to Director
Cushman & Wakefield promoted Ryan Quick to director of the firm’s asset services group in its Boston, MA, office.
Quick joined Cushman & Wakefield in 2015 and currently manages an eight-building portfolio of properties located in downtown Boston. He previously held multiple management positions at Monday Properties in Washington, D.C.
Quick has achieved LEED AP Operations and Maintenance and is a member of USGBC and NAIOP Massachusetts. He…

LaSalle Investment Management Closes on Ten Post Office Square in Downtown Boston
LaSalle Investment Management, a Chicago-based investment manager and independent subsidiary of JLL (NYSE: JLL), has finalized a deal to acquire Ten Post Office Square in downtown Boston.
Synergy Investments, a commercial real estate owner and manag…

Office Lease Up (March 27) Google Searches, Finds 166,000 SF of Office Space in San Francisco’s South Financial District
Google (NYSE: GOOG) will take over as anchor tenant of Rincon Center II in downtown San Francisco after finalizing a 10-year deal to occupy 166,460 square feet at the Class A building.
The American multinational technology company will backfill two…

Top Commercial Real Estate Firms and Brokers in Boston Win CoStar Power Broker Awards
Several top firms and real estate brokers in Boston are among the winners of the annual CoStar Power Broker Awards. Now in its 16th year, the awards recognize those who perform at the highest levels in commercial real estate brokerage.
Every year, …
Header Photo Credit: James L. Woodward