New Owner of Bedford Office Park Plans Life Science Strategy
The new owner of a 52-acre office park in Bedford will pursue a life science strategy following a $122 million acquisition.
1.1M SF Development Eyed for Related Seaport Parcel
The new owners of a 6.5-acre property along Boston’s Fort Point Channel plan to build 1.1 million square feet of housing and commercial space on one of the Seaport District’s prime development sites.
National Development Subsidiary Raises $400M, Plans to Combine with Parent
National Development’s investment management arm Charles River Realty Investors said in a statement released Tuesday that it has closed its fourth fund after raising $400 million and will be combining with its Newton-based parent to form a vertically-integrated real estate investment, development, construction and operating company.
GE HQ Site, Prime Development Parcel Sold For $252M
One of the most active developers in Boston and a leading life science landlord are the new owners of General Electric’s future headquarters and a prime development site on Boston’s Fort Point Channel.
GE Capital Exit Provides Redevelopment Opportunity
The departure of GE Capital from a Connecticut office park will enable National Development to expand its senior living portfolio.
Hot Property: Crosby Center
National Development has completed an $8 million capital improvement program for Crosby Center, a nine-building, 590,000-square-foot office park in Bedford.
Repositioned Westwood Property Sells for $53.1M
101 Station Drive in Westwood has been acquired for $53.1 million following a multimillion-dollar repositioning project.
Quincy Developer Acquires Chinatown Garage For $33.5M
Quincy-based Foxrock Realty has acquired Boston’s Beach Street garage for $33.5 million in its first acquisition outside the South Shore.
Cushman & Wakefield Lands Leasing Assignment At The District
Cushman & Wakefield has been named the new leasing agent at The District in Burlington, a 1.1 million-square-foot redevelopment of the former New England Executive Park.
The District Primes The Pump With ‘Pop Up Space’ For Startups
Two tech companies have signed leases at The District in Burlington as part of an expanding strategy of recruiting short-term tenants.
Charles River Realty Investors Raises $290M For Latest Fund
It took a year for Charles River Realty Investors to...
