Regions

LNR Land Buy Paves Way for SouthField Development

LNR has finalized a deal on 830 acres of land, which gives the company the final piece of property earmarked for the planned $2.5 billion SouthField development near Boston.

Archstone Partnership Pays $131M for NYC High-Rise Apartment

Archstone has purchased Eastbridge Landing, a 209-unit apartment building in Manhattan, for $131 million from Madison International Realty and RFR Holding, the latter of which developed the asset in 1998.

BioMed Completes $343M Purchase of Cambridge Office/Lab Buildings

BioMed Realty Trust of San Diego has entered into a definitive agreement to acquire, for approximately $343 million, Prudential Real Estate Investors’ remaining 80 percent interest in two laboratory/office buildings.

Ranieri Acquires Occom Capital, Establishes Two Services Groups

Bolstered by its recent acquisition of Occom Capital Partners, a boutique real estate investment banking and advisory firm, Ranieri Real Estate Partners has established two new advisory services groups: Ranieri Real Estate Advisors and Ranieri Situs Solutions.

Cornerstone Picks up $53M Office in Denver's LoDo

Cornerstone Real Estate Advisers has just make a nice pickup in the Rockies with the purchase of 1899 Wyncoop, a 165,727-square-foot office buiding in Denver’s LoDo submarket, for a reported $56 million.

Burger Named Co-CEO of Silverstein

In an effort to continue the firm’s ongoing expansion outside its New York City base, Silverstein Properties Inc. has announced the appointment of Martin Burger as co-CEO. Burger, who joined Silverstein in February 2010, will now work directly alongside president & CEO Larry Silverstein.

Baltimore Breaks Ground on $72M Mixed-Used Union Wharf Project

Bozzuto Group yesterday broke ground on the Baltimore’s $72 million Union Wharf project, a mixed-use waterfront development in the city’s Fells Point neighborhood.

Bell Partners Purchases Three Apartment Communities for $76M

Bell Partners has purchased three communities, encompassing an aggregate 682 units and located in Florida, Texas and South Carolina, for approximately $76 million.

Cassidy Turley to Handle 3 MSF Office Portfolio for Equity Office Properties

CRE giant Equity Office Properties has tapped Cassidy Turley to manage and/or lease an approximately 3 million-square-foot, 19-building Class A office portfolio.

KTR Closes on 7.8 MSF of Industrial Across Five Markets

KTR Capital Partners has just closed on 7.8 million square feet of industrial space across 18 buildings located in central New Jersey, Chicago, Dallas, Atlanta and Columbus, Ohio.