Alexandria Buys 54-Acre Development Site in Norwood
Life science specialist Alexandria Real Estate Equities has acquired a 54-acre Norwood property with potential for additional commercial development for $105 million.
3D Printing Startup Expands With Move to One Cabot
A 3D printing firm that was created at Massachusetts Institute of Technology is relocating within Medford to a new 38,300-square-foot headquarters at The Davis Cos.’ One Cabot Road office complex.
Harvard Square Developer Adds Allston Property
After making a series of big-ticket acquisitions in Back Bay, Cambridge and Somerville, North Carolina developer Asana Partners has acquired a multitenant retail property in Allston for $11.9 million.
German Fund Makes First U.S. Investment in 147 Milk St.
German investor KanAm Grund has acquired a 10-story medical office building in Boston’s Financial District as the first U.S. investment in a real estate fund that seeks growth opportunities in leading global cities.
Charlestown Data Company to Relocate to One Cabot
A data firm that works with life science companies is relocating from Charlestown’s Hood Park to The Davis Cos.’ 309,000-square-foot One Cabot office property in Medford.
Majority of Boston Office Deals Now Subleases
After a year of disruption to office occupancy, tenants have more leverage to negotiate deals with landlords in Boston and other cities with gluts of sublease space.
Cambridge Polymer to Relocate to Woburn
Contract researcher Cambridge Polymer Group will open a new headquarters in Woburn this summer after leasing 17,000 square feet at the TradeCenter 128 campus.
JV Acquires Watertown Senior Community for $48M
Norwood-based LCB Senior Living and Harrison Street Capital have acquired a 90-unit senior housing community in Watertown for $48 million.
FoxRock Adds Industrial Assets with Coffee and Cardboard Tenants
Quincy-based commercial investor and developer FoxRock has expanded its portfolio to over 4 million square feet with the recent acquisitions of suburban Boston properties leased to Atlantic Coffee and Hub Folding Box.
Brokers Market Office-Lab Availabilities in Needham
The Bulfinch Companies has hired Newmark Knight Frank to market a series of availabilities for office-lab space ranging from 15,000 to 65,000 square feet at its 117 Kendrick St. property in Needham.
North Shore Drug Distribution Facility Sold to Boston Investor
A Peabody distribution center that serves hospitals and medical clinics has been acquired by Boston private equity firm Longpoint Realty Partners for $36.5 million.
Jumbo Capital Buys Bedford Lab Property for $72.5M
A 143,616-square-foot Bedford lab building that includes the headquarters of Homology Medicines Inc. has been acquired by Quincy-based Jumbo Capital Management and Iron Point Partners for $72.5 million.
Pandemic Upended Commercial Real Estate in 2020
During the lengthy commercial real estate boom, many industry figures said Greater Boston’s diversified economy – with its strengths in financial services, technology and life science – was built to withstand anything except a “Black Swan event” such as a natural disaster or geopolitical conflict.
Needham Retail Developer Adds Another Framingham Property
Needham-based RK Centers has made its second Framingham acquisition in weeks with the $23 million purchase of a grocery-anchored retail property.
Griffith Properties Buys Industrial Park for $76M
Griffith Properties has acquired a five-building industrial portfolio on the outskirts of Boston for $76 million.
Billerica Office Park Trades for $12.5M
A three-building Billerica office park has sold to local office landlord KS Partners.
Industrial Real Estate Rides Pandemic Boost Into 2021
An already strong industrial real estate market in Greater Boston got even stronger in 2020 as a result of a highly unlikely and generally unwelcome development: A pandemic.
Sublease Space Hits Record Levels in Market
The fallout from the current health crisis continues to affect Greater Boston’s office market, with fundamentals wavering further during the third quarter of 2020.
Acquisition Gives IQHQ 27-Acre Campus in Alewife
A life science developer that made its first Greater Boston acquisition in February has expanded its local portfolio with the $54 million acquisition of a transit-oriented property in West Cambridge.
Mansfield Grocery-Anchored Property Sold for $25M
A California real estate investment firm has paid $25 million to acquire a grocery-anchored retail property in Mansfield.
