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Providence’s Industrial Market Showing Surprising Strength
Amazon’s 1 million-square-foot fulfillment facility at 1180 Innovation Way in Fall River, MA Providence’s industrial market is quite strong. And those who have followed the real estate market here for the longest might be the most surprised. Providence had among the...

The Xchange at Bedford, Home to iRobot’s Mission-Critical HQ, Sells for $107.8 Million
Jumbo Capital Management and Sound Mark Partners have teamed up to acquire The Xchange at Bedford in suburban Boston from The Davis Cos. for $107.75 million, or approximately $223 per square foot. The Xchange is a 482,662-square-foot, eight-building creative office...

Henley USA Adds 512 Units to Las Vegas Portfolio
Private equity shop Henley Investments continues to expand its joint venture with 16 Capital Partners in Las Vegas, strikign a deal to buy a large but dated Las Vegas apartment complex in an off-market transaction. Henley, a U.K. company whose American arm is based in...

Longfellow Closes on $500 Million Life Science Real Estate Investment Fund
Jamie Peschel, Managing Partner of Longfellow Real Estate Partners. Photo credit: Longfellow Real Estate Partners Longfellow Real Estate Partners has closed Longfellow Strategic Value Fund, an investment vehicle with an initial equity capitalization of $500 million....

Student Housing: The New Safety Play for Major Real Estate Investors
While the news that multifamily investor/operator Greystar and an affiliate of Blackstone planned to buy Education Realty Trust and its portfolio of off-campus student housing communities had been rumored for months, the $4.6 billion, all-cash deal announced this week...

Sears Adds Another 10 Unprofitable Stores to September Closing List; Tally Now Stands at 78
The 100-store closing process for Sears and Kmart stores is moving into full throttle as parent company Sears Holdings announced late last week that 10 more would join the list of stores to be shuttered by September. As of now, 78 stores have been identified, with...

Multifamily Investors Are Getting Used to ‘Normal’
U.S. housing construction remains low, and still trails population growth, said John Affleck, CoStar’s director of analytics. "Ongoing deliveries of highly-amenitized, high-rent product will limit rent growth at the high end of the market, but older and more suburban...

Sears Adds Another 10 Unprofitable Stores to September Closing List; Tally Now at 78
The 100-store closing process for Sears and Kmart stores is moving into full throttle as parent company Sears Holdings announced late last week that 10 more would join the list of stores to be shuttered by September. As of now, 78 stores have been identified, with...

Fit Factory Eyes New England Expansion, Hires Cushman & Wakefield to Assist
Fit Factory, a full-service health club known for its diverse fitness classes, has hired Cushman & Wakefield as it looks to expand with six locations across New England. Fit Factory is looking for spaces ranging in size from 25,000 to 35,000 square feet, with...

Online Automotive Marketplace CarGurus Leases Office Portion of New Mixed-Use Development in Cambridge
CarGurus, Inc., a Cambridge, MA-based global online automotive marketplace, signed a 15-year lease for the entirety of the office space at a new mixed-use development slated to deliver this summer at 121 First Street in Cambridge. CarGurus, which launched in Cambridge...
Header Photo Credit: James L. Woodward