Boston
Boston University-Proximate Retail Asset Trades
J. & M. Realty Inc. has sold 957 Commonwealth Ave., a 15,800-square-foot retail property in Brighton, with the aim of serving Boston University’s students, faculty and staff.
HFF Boston Appoints New Senior Director
Kerry Hawkins has 18 years of experience in commercial real estate. At HFF, Hawkins will specialize in the repositioning and marketing of underperforming office assets.
Sunstone Sells 2 Marriott Hotels for $139M
As of today, Sunstone has interests in 25 hotels comprised of 12,450 keys, operating under nationally recognized brands such as Marriott, Hilton and Hyatt.
NKF Closes $25M Sale of Mixed-Use Boston Asset
Frazer Capital has sold 41 Winter St., a roughly 29,000-square-foot, eight-story building anchored by Liberty Travel. The property is located in Boston’s booming Downtown Crossing district.
NKF Arranges Sale of Best-in-Class MA Asset
Middlesex Marketplace is a best-in-class retail property situated along an important retail corridor in the western suburbs of Boston, comprising nearly 40,000 square feet.
Boston Seaport Development Lands $480M
The Seaport District offers close proximity to the MBTA Silver Line’s subway station at the World Trade Center, which also connects to South Station and Logan International Airport.
Jernigan Brings Annual Investments to $409M
The company has closed the year with two investments totaling $26.2 million. The two facilities are located in the Northeast U.S., one near Boston and the other in Hackensack, N.J.
Waterton Debuts $2M Sheraton Framingham Revamp
The company remodeled and upgraded the 375-key Sheraton Framingham Hotel & Conference Center, located west of downtown Boston.
NKF Brokers Sale of Boston-Area Retail Plaza
Cohasset Village Plaza is located south of Boston, along Route 3A, which connects several coastal communities along a highly trafficked retail corridor.
RLJ Sells Luxury Boston Hotel for $170M
The historic Fairmont Copley Plaza, which dates back to 1912, sold for $444,000 per key, representing a 4.6 percent cap rate on the hotel’s 2017 NOI.