Boston
Boston-Area Retail Asset Changes Hands for $6M
Built in 1958, the fully occupied property is within a 40-minute drive north of downtown Boston and comprises 30,000 square feet.
Incentivizing Brownfields and Greenfields
State and municipal governments are taking steps to improve the feasibility of investing in brownfield and greenfield properties. Panelists on the Sustainability Spotlight panel on the final day of the National Association of Real Estate Editors real estate journalism conference outline their efforts.
Anchor Health Properties Grabs Suburban Boston MOB
The LEED Gold-certified asset is situated within Lahey Hospital & Medical Center’s campus and features a new conference center, recently upgraded interiors and landscaped entrances.
Boston-Area Arsenal Yards Development Receives $109M
The project will bring more than 1 million square feet of mixed-use space to Watertown, Mass. The first phase is currently underway, with completion slated for 2019.
Gazit Horizons Picks Up Boston Retail Asset
The seller, Frazer Holdings, traded the vacant property in the city’s urban core for $16.6 million. The building contains 10,500 square feet across two stories.
Rockefeller Group, Mitsubishi Sell Boston Trophy Tower
TA Realty arranged the $418 million sale of 28 State St., a 479,000-square-foot office building in the city’s Financial District. According to published reports, Heitman Capital Management is the new owner.
Boston-Area Flex/R&D Complex Lands $21M Loan
Parsons Commercial Group has acquired the 330,000-square-foot Chiswick Park, for $27.5 million. Berkadia secured acquisition financing for the five-building office and industrial ensemble.
CBRE/New England Arranges Sale of RI MOB
Built in 1976, the 20,694-square-foot medical office building was renovated in 2016 and is currently 80 percent occupied.
Novaya Real Estate Ventures Buys $12M Boston-Area MOB
Located at 340 Wood Road, the asset is fully leased to more than 10 tenants, including Milton Pediatrics, MassGeneral Hospital for Children and South Shore Hospital.
Fresh Look for Suburban Boston Office Asset
A team led by Margulies Perruzzi Architects transformed National Development’s 100,000-square-foot property into a modernly amenitized building with new elements and a completely different design.