What happened, and who moved.
113 items
showing 1–60 of 113
The steady climb of commercial property assessed clean energy (C-PACE) financing around the U.S. has made its way to one of Boston’s tallest buildings. Millennium Partners has secured a $281 million C-PACE loan to implement energy efficiency upgrades at the 62-story Winthrop Center in Downtown Boston, the developer…
MassDevelopment, Nuveen Green Capital and Millennium Partners announced $281 million in private financing for the Millennium Residences at Winthrop Center at 115 Federal St. in downtown Boston under the state’s Property Assessed Clean Energy (PACE) Massachusetts program. This project is believed to represent the…
South Florida’s deep roots in aviation sprouted two high-profile real estate deals this week. An affiliate of Boston-based Hill City Capital placed the winning bid of $93.3 million for the vacant Spirit Airlines headquarters in Boca Raton, the Miami Herald reported. That’s less than half of its 2024 construction…
The Davis Cos. acquired a four-building portfolio in Boston's Fort Point neighborhood for $56 million.
BNY renewed a 205,000 square foot lease at One Boston Place.
Boston's office market sees an increase in renewals as tenants opt for better lease terms over relocation amid high build-out costs.
TAUNTON, MASS. — Greystar has broken ground on Whittenton Mills, a 390-unit multifamily project in Taunton, located south of Boston. The project, which will feature modular construction, is a redevelopment of a former 19th-century mill complex that has long been vacant and was demolished earlier this year. The…
L&G's first U.S. development is set to break ground this year in Concord, Massachusetts, with 201 multifamily units.
L&G’s Asset Management business in the U.S. has acquired a development site in Concord, Massachusetts, and plans to begin construction on a new two-building, 201-unit multifamily community. The investment and property development is being made on behalf of L&G’s Institutional Retirement business, which is deploying…
L&G’s Asset Management business in the U.S. has acquired a development site at 292-294 Baker Ave. in Concord, MA and plans to begin construction on a two-building, 201-unit multifamily community. The company’s first ground-up development in the U.S., the project continues L&G’s partnership with Taurus Investment…
Whoop is planning a major Boston expansion with a 107K SF office lease as it prepares for an IPO.
In einem Anlegerschreiben kündigt die Geschäftsführung des DF Deutsche Finance Investment Fund 17 – Club Deal Boston II den Insolvenzantrag für den geschlossenen US-Immobilienfonds an. Ein Totalverlust sei absehbar.
Bell Partners buys Reading Commons for $96M, expanding its Boston portfolio.
NEEDHAM, MASS. — Onyx Partners has purchased a historic building in Needham, a southwestern suburb of Boston, for its new headquarters. The regional investment and development firm will redevelop the former You-Do-It Electronics Center building at 40 Franklin St., which was completed in 1965 and closed in 2024.…
REVERE, MASS. — JLL has arranged a $67.3 million refinancing loan through Bridge Investment Group Holdings for Eliot on Ocean, a 194-unit waterfront property along Revere Beach in Revere, Massachusetts.… The post Invictus Obtains $67.3M Loan for Renovations to Metro Boston Beachfront Property appeared first on…
The City of Boston put much of its $560 million in pandemic-era relief funds into building housing. As a result, Boston has seen more than 6,200 new income-restricted units built or under construction during Mayor Michelle Wu’s first term, the highest level of production in the past 25 years, according to a new…
NATICK, MASS. — Locally based brokerage firm ABG Commercial Realty has negotiated the $7 million sale of a 24,448-square-foot office and retail building in the western Boston suburb of Natick. According to LoopNet Inc., the building at 801 Worcester St. was completed in 1985. Bernard Gibbons of ABG Commercial…
A major shipping company has executed a 617,000-square-foot industrial lease in a Worcester suburb, marking one of the largest industrial leases in the Greater Boston market in recent years.
Boston condo developers are halting new construction activity as buyer demand remains weak.
Boston real estate owners express concerns about the financial impact of transitioning buildings to electric systems.
Harvard University and Tishman Speyer celebrated the opening of a $1.5 billion mixed-use research campus development in Boston's Allston neighborhood.
Beacon Communities proposes a $63 million multifamily development in Newton, Massachusetts focused on affordable housing.
A Spanish billionaire has acquired an apartment tower in Boston's Theater District for $234 million.
An international law firm has relocated to space at South Station Tower in Boston.
Massachusetts's highest court rejected a ballot initiative that would have permitted local rent control measures, affecting multifamily housing policy in the state.
A waterfront property in Boston initially planned for hotel redevelopment has been placed on the market for sale.
A Massachusetts court ruling on rent control has renewed investor confidence in the state's multifamily market, signaling a potential recovery in investment activity.
A joint venture acquired an office building in Boston's Financial District at a significant discount to previous valuation.
Blackstone's industrial division has sold a warehouse asset in Revere, Massachusetts for $45 million.
Real estate manager RMR is proposing a large office-to-residential conversion project in Watertown, Boston.
Boston's senior housing market is experiencing unusually low vacancy rates, attracting developer interest to address supply constraints.
Clarion Partners has entered into a contract to sell an 18-story office tower in Boston's Seaport District.
Lincoln Property Company and J.P. Morgan have purchased a 962,000-square-foot office campus in Wakefield for $61 million.
Wood Partners became the sole bidder for a Somerville development site and expanded its planned multifamily project to 418 apartments.
A Brookfield joint venture has acquired a site in the Boston suburbs for a major mixed-use development project comprising 6,500 units.
Northeastern University purchased a student housing tower in Boston's Fenway neighborhood for $169 million.
A pharmaceutical company has leased 40,000 square feet at One Lincoln in downtown Boston, relocating its headquarters from suburban locations.
A Boston-based life sciences and office property was transferred to a lender, indicating a distressed or default situation.
Invictus Real Estate Partners has secured $67.2 million to refinance Eliot on Ocean, a 194-unit multifamily property in Revere Beach, Mass., a coastal submarket five miles outside of Boston. Bridge Investment Group Holdings provided the debt, structured as a three-year, floating-rate loan, while a JLL Capital…
Panera Bread is giving the suburban Boston office market a toasty piece of news. The company is relocating its headquarters from St. Louis — where it was founded — to Weston, Massachusetts. Panera is taking 102,000 square feet at BXP’s 133 Boston Post Road, according to the Boston Business Journal. Financial…
Marcus Partners has acquired 6 Industrial Way in Salem, NH. The 155,000-square-foot warehouse/distribution asset was sourced off-market in the supply-constrained Southern NH market. “As we follow durable sector trends tied to supply chain and logistics network modernization, advanced manufacturing, and defense…
NEWBURY, MASS. — JLL has brokered the sale of a 686-unit self-storage facility in Newbury, located northeast of Boston. Newbury Self Storage comprises 12 single-story buildings that were built in phases between 2016 to 2023 on a 49.3-acre site. Totaling 111,000 net rentable square feet, the property also includes…
BOSTON — Ratio Therapeutics has signed a 17,000-square-foot office lease expansion in Boston’s Seaport District. The developer of radiopharmaceuticals for cancer patients will remain at the Innovation & Design Building, a 1.4 million-square-foot mixed-use property that was originally constructed in 1918 as a…
Bell Partners has acquired Reading Commons, a 204-unit apartment community completed in 2006 and located in Reading, MA, roughly 30 minutes north of downtown Boston. The deal brings the multifamily investment manager and operator’s Greater Boston ownership and management portfolio to more than 1,450 units. Located…
Panera plans to relocate its headquarters from St. Louis to Greater Boston, continuing its strategic growth.
BOSTON — Autodesk has signed a 72,000-square-foot office lease renewal in Boston’s Seaport District. The provider of 3D design, engineering and entertainment software will remain at the Innovation & Design Building, a 1.4 million-square-foot mixed-use building that was originally constructed in 1918 as a waterside…
NEW YORK CITY — A joint venture between locally based developer Lonicera Partners, New York-based investment firm Rabina and Boston-based owner-operator The Davis Cos. has begun leasing a 43-story apartment tower at 55 Willoughby St. in downtown Brooklyn. Designed by Colberg Architecture and known as House 55, the…
MARLBOROUGH, MASS. — Advocates, a nonprofit organization that supports people with behavioral health disorders, disabilities and brain injuries, has signed a 95,182-square-foot office lease in the western Boston suburb of Marlborough. The deal brings the 160,649-square-foot building at 251 Locke St. to full…
As Boston building owners look to electrify their properties to comply with the state and city’s 2050 net-zero mandates, electrification is becoming a bigger roadblock than some anticipated. Massachusetts has some of the most ambitious sustainability...
A shiny office tower in Boston's Seaport appears on track to sell, marking another significant trade in the city for Clarion Partners.
BXP, Inc. has closed a $1.2-billion construction loan for the development of 343 Madison Ave., a planned 46-story, approximately 930,000-square-foot office tower in Midtown Manhattan with direct access to Grand Central Terminal’s Madison Concourse. The Boston-based REIT expects to complete the $2-billion project,…
BOSTON — MassHousing has provided $26.4 million in financing for Beacon House, a 135-unit affordable housing property in Boston’s Beacon Hill neighborhood. The eight-story building was converted from a hotel to residential use in 1983. Of the 135 units, 117 are rentals that are subject to a range of income…
Marcus & Millichap closed the sale of the Delhi Street Portfolio, a three-building multifamily portfolio in Boston, for $4,875,000. The firm’s Evan Griffith and Tony Pepdjonovic marketed the property on behalf of the seller, a local partnership. The portfolio is located at 157-159, 161-163 and 165-167 Delhi St. in…
SUGAR LAND, TEXAS — Tremont Realty Capital, a division of Boston-based investment firm RMR Group, has provided a $22.7 million loan for the refinancing of Sugar Land Medical Plaza, a 120,000-square-foot healthcare property located on the southwestern outskirts of Houston. Colliers arranged the loan on behalf of the…
The owner of a vacant office property on Boston's waterfront that was previously proposed for redevelopment has listed it for sale.
Northeast Private Client Group (NPCG) arranged the $3,525,000 sale of 250 Main ST. in Boston’s Charlestown neighborhood. Investment associate Tom Egbers represented the seller and procured the buyer. 250 Main St. is a mixed-use property located in Charlestown. The property offers the buyer a well-positioned…
A two-building life sciences complex in Boston’s South End traded to its lender as the market’s downturn in the aftermath of the pandemic continues to sink properties once targeting a boom in demand. Blackstone-backed BioMed Realty handed the keys of the adjacent 1000 Washington Street and 321 Harrison Avenue to…
TEMPLETON, MASS. — A partnership between metro Boston-based MPZ Development and Capstone Communities is nearing completion of a $36 million multifamily adaptive reuse project in Templeton, about 65 miles northwest of Boston. A housing lottery was launched and closed on July 15, and full completion is slated for…
A prominent hospital sold its campus in a Boston suburb in a potentially lucrative leasing play. Boston Children’s Hospital sold its campus at 10 Centennial Drive in Peabody to an affiliate of Barings for $62 million, the Boston Business Journal reported. The North Shore clinical outpost was purchased by a limited…
The lenders on a two-building lab and office complex in Boston's South End have taken over ownership from life sciences giant BioMed Realty.