FoxRock Refinances Quincy Office Building for $27M
Quincy-based commercial real estate company FoxRock Properties recently refinanced a North Quincy office building for $27 million.
New Owner Secures Anchor Tenant at Southborough Property
A Maryland investor extended a lease with an anchor tenant before closing on the $17.6-million acquisition of a medical office building in Southborough.
Hot Property: 15 McGrath Highway
Despite the general softening of the local life science real estate market, a major pension fund has decided to back Somerville’s latest spec lab high-rise.
Hot Property: Eliot on Ocean
One of the first in a growing line of new, transit-oriented rental complexes along Revere Beach has sold again.
Somerville Lab, Residential Tower Land Financing
The first phase in a planned mixed-use development next to Somerville’s Union Square looks finally set to get out of the ground.
REIT-Owned Swampscott Grocery Store Sells for $19M
A North Shore single-tenant grocery store property leased to Whole Foods has sold to a local buyer.
Capitalizing Ground-Up Projects ‘Easier’ Today Than Value-Add, Market-Watcher Says
Commercial real estate and development experts said they are confident that the pandemic won’t spell the end of the development boom in and around Boston, but they said they are keeping their eyes on consumer and workforce trends that might reshape their industry.
‘Don’t Panic’: Boston CRE Pros Give Pandemic Investment Advice
Real estate owners and investors should stay calm and carefully consider their options amid one of the greatest economic disruptions in Massachusetts’ recent history, a trio of seasoned commercial real estate professionals said Thursday.
Concord Medical Office Building Trades for $23M
A building that houses important outpatient care functions for Concord’s Emerson Hospital has sold for $23.3 million.
