Blackstone Sells Revere Property Near Suffolk Downs for $45M
Blackstone’s Link Logistics arm sold a Revere property near Suffolk Downs to an industrial investor for $45 million.
John Kerry-Linked Company Eyes Energy Storage After Mass. Acquisitions
A company founded by billionaire Tom Steyer is set to add solar and battery storage facilities following its acquisition of three suburban Massachusetts industrial properties.
Cambridge’s Next Biotech Beacon Gains Altitude
Led locally by Bill Kane, Blackstone-owned BioMed Realty is building one of Cambridge’s most notable new projects, the 585 Kendall tower leased to Takeda Pharmaceuticals.
Blackstone Sells Suburban Apartments for $143M
Private equity giant Blackstone sold an apartment community south of Boston for $143.5 million to a San Francisco investor.
Revere Tank Farm-for-Logistics Swap OK’d
The pending redevelopment of a huge Exxon Mobile tank farm in Everett isn’t the only big reimagining of local fossil fuel infrastructure in the pipeline.
Blackstone Jumps into Affordable Housing, But Not in Boston
Blackstone, a private equity firm already known for its large investments in single-family rental housing, launched an affordable housing arm last week.
No Lab Rent Relief Seen Before 2023
A projected 18 million square feet of lab space is scheduled for completion in Greater Boston in 2023, potentially tempering the skyrocketing rent increases being driven by the life science industry’s space demand.
Randolph Apartment Complex Sold for $130.25M
A large Randolph apartment complex has been acquired by a Chicago multifamily investor that specializes in middle-income housing acquisitions.
BioMed Investors Agree to Buy Back Company from Blackstone
A group of existing BioMed Realty investors plan to buy back the company from Blackstone Real Estate Partners, its owner since 2016, for $14.6 billion.
Blackstone Buys Historic Office Property for $156M
Private equity investor Blackstone has acquired a historic office property overlooking the Rose Fitzgerald Kennedy Greenway for $155.65 million.
Oxford Secures $150M Mortgage On 125 Summer St.
Toronto-based Oxford Properties Group has secured a $150-million first mortgage on 125 Summer St. in Boston.
