Blog
Carlyle Group Raises $5.5 Billion for Eighth U.S. Real Estate Fund, Exceeding Target
The Carlyle Group purchased the 144-unit Brookside Apartments in Boulder, Colorado, earlier this year for $51 million. Global alternative asset manager Carlyle Group's eighth U.S. real estate fund, focused on opportunistic targeted investments across the United...
Owners of Boston Site Pitched for Amazon’s HQ2 Have ‘Plan B’ in Place
Thomas N. O'Brien is a founding partner and managing director for HYM Investment Group in Boston. His firm's Suffolk Downs site is considered a leading contender for landing Amazon's second headquarters; Photo credit: HYM Investment Group. Tom O’Brien isn’t waiting...
Owners of Boston Site Pitched for Amazon’s HQ2 Already Move To ‘Plan B’
Thomas N. O'Brien is a founding partner and managing director for HYM Investment Group in Boston. His firm's Suffolk Downs site is considered a leading contender for landing Amazon's second headquarters; Photo credit: HYM Investment Group. Tom O’Brien isn’t waiting...
For Amazon HQ2 Finalist Cities, The Day After Looms
The Lotus Riverfront at 450 Broad St. in Newark, New Jersey, is one of the sites offered as a possible home for Amazon's HQ2. After Amazon gave his county a painful snub in January, David Iannucci is stuck exactly where 19 communities may find themselves in coming...
New Haven-Area Rentals Fetch $136 Million in Largest Apartment Sale in Connecticut History
Boston apartment developer Jones Street Investment Partners has closed on an apartment complex near New Haven in a deal that registers as the largest single multifamily sale ever in the state of Connecticut, though the record may have a short run. Jones Street paid...
CBRE Group Buys New England Joint-Venture Partner
CBRE/New England's headquarters offices at 33 Arch St. in Boston. CBRE Group Inc. bought its longstanding joint venture partner in New England, CB Richard Ellis-N.E. Partners LP, as the world's largest commercial real estate services firm increases its focus on the...
Boston Doesn’t Have Enough Room to Store its Stuff
An Extra Space Storage facility located at 490 Eastern Ave. in Malden, Massachusetts. Boston has a self-storage shortage. And not enough self-storage, of course, is only important when it’s you that can’t find a place to store the stuff. But there are a lot of "yous"...
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 has changed hands. Claremont Cos., of Bridgewater, Massachusetts, finalized a deal with fellow New England firm Norwich Partners to acquire the Residence Inn Boston Downtown...
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...
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...
Header Photo Credit: James L. Woodward