Gibson Sotheby’s Buys Advisors Living Brokerage
Boston-based Gibson Sotheby’s International Realty announced it has acquired Advisors Living, a suburban luxury-focused brokerage with 200 agents.
JLL Names New Leaders for New England Multifamily Team
JLL named a pair of new co-leaders of its New England market’s multifamily sales team after hiring two former Cushman & Wakefield executives.
Fidelity Invests in Seaport’s Retail Reinvention
The vibrant restaurant and retail scene in Boston’s Seaport District is about to get a further boost from one of its oldest corporate anchors, Fidelity Investments.
Southie Office-Retail Property Sold to Dutch Investors
A Dutch real estate investor acquired a South Boston mixed-use property following upgrades during the seller’s nine-year ownership period that attracted new tenants including Caffè Nero.
New Faneuil Hall Operator Pressed for Changes
Behind the scenes at one of Boson’s most recognizable landmarks, city officials are pressing J. Safra Real Estate to address a range of long-term sore points and complaints from a civil rights group.
Synergy Sells Beacon Hill Property for $9.25M
A mixed-use building in the heart of the Beacon Hill business district was sold by an entity affiliated with Boston-based Synergy Investments for $9.25 million.
Long-Vacant DTX Property Hits Market
A Downtown Crossing building that was renovated by a developer following the departure of Barnes & Noble is back on the market as a potential value-added investment opportunity.
A Rare Low-Rent Deal Materializes in South Boston
A Portland, Maine exchange program organizer is marketing 45,000 square feet of new office space to nonprofits at 69 A St. in South Boston.
Beacon Hill Apartments Trade for $9.8M
A 22-unit apartment portfolio steps from the Massachusetts Statehouse traded for $8.9 million in its first change of ownership since 2007.
Newmarket Property Sold for $55M School Project
A charter school acquired a Newmarket site where construction of a $55 million high school is under way.
A New Name in Town
Advisors Living is bringing a fresh, new name to the suburban Boston residential brokerage scene. Under CEO Merit McIntyre, it opened 11 new offices in rapid-fire fashion last year after many years focused on marketing new-construction condominiums downtown.
Luxury Brokerages Get Competitors After Market’s Growth Spurt
Familiar brokerage names in Greater Boston’s luxury submarkets are facing new competition and new neighbors in high-profile locations.
Condo Construction on Collision Course with IDP Changes
Policymakers in Boston could be facing a catch-22 while pursuing a pair of popular but potentially contradictory goals: encouraging developers to build more residential condominiums while requiring a higher percentage of income-restricted units.
Seizing a Growth Opportunity in a Turbulent Market
Boston Realty Advisors recently concluded a year of major milestones including the selection of a new Back Bay headquarters and significant growth of its business lines and workforce. Senior partner Jason Weissman explains the company’s strategy.
Old Town Trolley Operator Buys Malden Center Property
A company that provides historic-themed tours including the Old Town Trolley will relocate to Malden after buying a former bakery building near the downtown.
Hot Property: The Abbot
Boston Realty Advisors has negotiated leases with a group of new tenants totaling 30,000 square feet of retail space at the Abbott in Harvard Square.
Natick Developer Seeks New Tenants for former Burberry Store
The new owner of a Newbury Street property previously anchored by Burberry’s will seek to fill the retail and office space in the six-story building across from the Boston Public Garden.
Boston Realty Advisors Picks Newbury Street Address for New HQ
Commercial and residential brokerage Boston Realty Advisors is swapping its longtime Back Bay headquarters for a newly-acquired Newbury Street property.
Allston Multifamily Development Gets $53M Loan
A 149-unit development by Boston-based Jones Street Investment Partners has joined the pipeline of housing projects under way near Boston Landing.
Will Fed’s Move Shut Down Housing Pipeline?
The Federal Reserve’s largest interest rate hike in nearly three decades likely will put a kink in Greater Boston’s housing pipeline, increase apartment rents and weed out some development firms.
