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Hilco Buys Former Raytheon R&D, Manufacturing Hub-Turned-Creative Office Complex in Waltham for $86 Million
41 Seyon St., one of two buildings that make up the 440,000-square-foot CenterPoint complex in Waltham.A research and development facility in Waltham, Massachusetts, that underwent a dramatic retrofit to creative class office space over the last decade has sold to...

New Haven-area Rentals Fetch $136 Million in Largest Apartment Sale in Connecticut This Year
Boston apartment player Jones Street Investment Partners has closed on an apartment complex near New Haven in a deal thst registers as the largest single multifamily sale year to date in the state of Connecticut. Jones Street paid $136.5 million, or about $179,000 per...

Authentic Brands Group Makes $35 Million Bid for Brookstone Ahead of Auction
Authentic Brands Group has offered to buy Brookstone's remaining assets. A licensing firm known for buying up formerly struggling retail brands is attempting to resuscitate gadget and gifts chain Brookstone, which said it plans to close 101 mall stores. Authentic...

120-suite Residence Inn Boston Downtown Seaport Trades for $64 Million
A 120-suite hotel redeveloped in 2013 out of a century-old sugar and molasses warehouse in Boston's Fort Point area has changed hands. Claremont Cos., of Bridgewater, Massachusetts, finalized a deal with fellow New England firm Norwich Partners to acquire the...

New England Cities Turn to Minor League Baseball to Rejuvenate Downtowns
Dunkin Donuts Park in Hartford, Connecticut. It can be tough being a New England city not named Boston. Job losses in industries like manufacturing and insurance, once bastions of growth, coupled with population losses have hurt the economies of cities such as...

Second Priciest Multifamily Sale in Boston This Year Closes in South End
Equity Residential completed the second priciest multifamily deal in the Boston market this year with its purchase of a luxury high-rise complex in the city's hip South End. Troy Boston, a 378-unit complex located at 55 Traveler St., traded for approximately $215...

TJX Companies Plans to Add 2,000 More Stores
TJX Companies, which operates the T.J. Maxx brand, is adding brick-and-mortar stores.TJX Companies, the off-priced retailer that operates brands including T.J. Maxx and Marshalls, plans to open more than 2,000 stores "long-term," according Chief Executive Ernie...

Investors Feeling Mobile with $134.3 Million Multifamily Buy on Alabama’s Gulf Coast
A quintet of apartment properties in Alabama's preeminent port city has fetched $134.3 million. Spruce Capital Partners, of New York, and Post Road Group, of Stamford, Connecticut, acquired the five property, 1,972-unit portfolio in Mobile late last month. Cushman...

Cambridge Savings Bank Consolidating Back-Office Locations to Thermo Electron’s Former HQ in Waltham
Cambridge Savings Bank is consolidating its back-office locations in Cambridge and Arlington to a new 76,000-square-foot operations center at 81 Wyman St. in Waltham. One of the largest community banks in Massachusetts, Cambridge Savings Bank will maintain its...

Rent Growth Surging in Boston’s Pricey Neighborhoods
The 585-unit 345 Harrison apartment building at 345 Harrison Ave. in Boston. The narrative for the most expensive apartment neighborhoods in Boston has been flipped. Pricey areas of Boston are now experiencing some of their best rent growth in the past three or more...
Header Photo Credit: James L. Woodward