Boston

The RMR Group Promotes Jennifer Francis to EVP

The executive oversees asset management for the Nasdaq-listed firm, which has a more than 2,100-property portfolio.

Xenia Hotels Sells Boston-Area Asset for $108M

The disposition of the 221-key Residence Inn Boston Cambridge marks an end to the REIT’s select-service holdings.

101 South St., Boynton Yards. Image courtesy of DLJ Real Estate Capital Partners and Leggat McCall Properties

Somerville’s 1st Life Sciences Building Tops Out

The nine-story, 290,000-square-foot property in the Boston suburb, part of a three-phase project, is expected to reach completion next summer.

Colliers International Closes $12M Sale of Boston-Area Office Asset

Managing Director Frank Petz and Senior Advisor John Nasca represented Park Square Revival Corp. in the transaction.

The Rising Confidence in Suburban Growth

Cummings Properties’ 54-acre Dunham Ridge stands as a testimony to an emerging COVID-19-shaped trend.

GFI Partners Closes Suburban Boston Industrial Lease

Kirkwood signed up to occupy 48,000 square feet within the company’s warehouse and distribution facility in Wilmington, Mass.

JV Sells Boston Office, Lab Complex for $330M

Newmark Knight Frank represented sellers Marcus Partners and The Davis Cos. and procured the buyer of the property, which includes the potential for additional life sciences development.

NB Development Appoints President, Promotes 4

Jim Halliday will serve as president, while Keith Craig, Robert Graham, Peter Henderson and Erin Harvey will take senior management positions.

Newmark Knight Frank Arranges $42M Boston Sale

Robert Griffin, Geoffrey Millerd and Paul Penman represented the seller and sourced the buyer of the office-and-retail property anchored by a Rolex flagship store.

Breakthrough Properties Completes Full-Building Lease in Boston

The company formed by Tishman Speyer and Bellco Capital to focus on life sciences assets has landed a major tenant for its first ground-up development.