by Key Realty | Feb 7, 2017 | Commercial Real Estate News |
Spurred by projections of strong growth in the luxury hotel segment in the next two years, hotel operators have rushed out of the gate with billions of dollars of new development and acquisition initiatives to appeal to affluent travelers. Hyatt Hotels Corp. (NYSE:H)...
by Key Realty | Feb 7, 2017 | Commercial Real Estate News |
Harvard Management Co. (HMC), which manages Harvard University’s $35.7 billion endowment fund — the country’s largest endowment – announced a major investment shake up today in a letter to the Harvard community from N.P. (Narv) Narvekar, who took over as...
by Key Realty | Feb 7, 2017 | Commercial Real Estate News |
New Balance and equity partner John Hancock Financial have begun construction on a new 295-unit multifamily high-rise across from New Balance’s corporate headquarters in Brighton, MA. Located at 125 Guest St., the 17-story project known as The Residences at...
by Key Realty | Feb 7, 2017 | Commercial Real Estate News |
Altra Industrial Motion Corp. (NYSE: AIMC) has renewed and expanded its corporate headquarters space at 300 Granite St. in Braintree, MA. The manufacturer of mechanical power transmission products will now occupy 15,204 square feet on the second floor of the...
by Key Realty | Feb 7, 2017 | Commercial Real Estate News |
Royal Bank of Canada (RBC) Capital Markets, the corporate and investment banking services arm of the multinational bank, has signed a lease renewal totaling approximately 400,000 square feet in the American Express Tower at 200 Vesey St. in New York, NY. The deal will...
by Key Realty | Feb 7, 2017 | Commercial Real Estate News |
One of the largest proposed mixed-use development projects in Boston’s history is now underway. Demolition began last month on a 486-unit residential tower that marks the first phase of Bulfinch Crossing, National Real Estate Advisors and HYM Investment...
by Key Realty | Feb 7, 2017 | Commercial Real Estate News |
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: Orange County, Los Angeles, South Florida, Chicago, New York City,...
by Key Realty | Feb 7, 2017 | Commercial Real Estate News |
Twining Properties will move forward with its proposed multifamily high-rise at the intersection of Mass and Main in Cambridge, MA’s Central Square after receiving approval from The City of Cambridge Planning Board. Dubbed Mass + Main, the 19-story residential...
by Key Realty | Feb 7, 2017 | Commercial Real Estate News |
Chevron Partners, a Boston-based property investment firm, acquired a two-story Bank of America Building in Cambridge, MA from Rink Realty for $14 million, or about $656 per square foot. The office building delivered in 1910 at 727 Massachusetts Ave. It totals 21,288...
by Key Realty | Feb 6, 2017 | Commercial Real Estate News |
AEW Capital Management held final close on AEW Senior Housing Investors III (SHI III) with commitments totaling $500 million. SHI III also closed on a separate $100 million of additional client co-investment capital. The fund invests primarily in age-restricted,...