Hot Property: 10 Post Office Square
Office tenants that have signed over 75,000 square feet of leases this year at 10 Post Office Square have access to a new amenity package that owner Synergy credits with boosting the century-old complex’s appeal.
Downtown Boston’s 99 High St. Sells for $227M
Synergy Investments is the new owner of 99 High St., a prominent office building seen as a key indicator of where downtown office building values are headed.
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.
Downtown Landlords Expand Ground-Floor Horizons
If downtown Boston fully regains its retail footings, it will be through discarding cookie-cutter leasing strategies reliant on fast-casual franchises and clothing chains.
With Banks Pulling Back, Who’s Financing Office Deals?
Behind the scenes of Boston’s troubled office market, landlords and lenders are seeking ways to restructure their existing debt, keep control of properties and avoid foreclosure.
Synergy Nabs Downtown Office Tower in $78M Buy
Boston-based developer Synergy made another bet on the future of the office market with acquisition of a 406,928-square-foot office tower in Downtown Crossing.
Synergy Investments Buys Boston Office Building for Mortgage Debt
A Boston office building that traded for nearly $156 million weeks before the COVID shutdown in 2020 was acquired by Boston-based Synergy Investments in exchange for the assumption of $76.5 million in mortgage debt.
Healey Launches Small Fund to Help Cities Plan for Office Conversions
Communities “outside of Boston” will share a $1 million fund to help plan for the conversion of office spaces to housing, Gov. Maura Healey announced Friday.
Synergy Investments Makes $62M Downtown Buy
Boston-based Synergy Investments added to its more than 5 million-square-foot property portfolio with the $62-million acquisition of a downtown Boston apartment and retail building.
Real Estate Developers Rally Around Midwood Project
Boston restaurant owners, business groups and commercial real estate developers argued that a proposed office tower that’s been subject to a lengthy review is a necessary element of downtown’s post-COVID recovery.
Financial District Offices Sold for Double-Digit Discount
As real estate markets monitor a reset of office building values, a Boston Financial District building traded for 17 percent below its 2013 acquisition price.
Hot Property: Cambridge Consultants’ Office
Cambridge Consultants’ new office in Boston’s Seaport District includes a floor plan inspired by the British consultancy’s logo by creating a pair of outer and inner workspaces.
Accusations Sow Doubt About Return-to-Office Data
Two of the region’s largest owners of office buildings and towers have a bone to pick with Kastle, the company which tracks office building occupancy, saying it’s reporting overly pessimistic data.
Boston Office Landlord: Public Help Necessary for Conversions
A major Boston office landlord is firmly slamming the lid on the idea that residential conversions of its assets in the city’s downtown are possible right now.
Owner of Worcester’s Tallest Building Expands Holdings
Synergy Investments has paid $10.5 million for a two-building Chestnut Place office complex in downtown Worcester, adding to its holdings in the city.
Life Science Developer Buys DTX Property for $107M
A high-visibility Downtown Crossing office building could become one of Boston’s next lab conversions following a $107-million acquisition.
Synergy Buys Quincy Waterfront Complex for $114.5M
Boston-based Synergy Investments has acquired a waterfront high-rise in Quincy for $114.5 million in a partnership with a Japanese investor.
Skanska Sells Seaport Office Tower to KKR
New York-based investor KKR and Synergy Investments of Boston have acquired a Seaport District office building from original developer Skanska.
Synergy Buys Somerville Flex Property for $35.5M
A Somerville property that’s leased to a 3D printing manufacturer has a new ownership team following a $35.5 million transaction.
Hot Property: Buildium Headquarters
Property management software provider Buildium has moved into a new 38,000-square-foot headquarters in Boston, providing collaborative workspace for its more than 200 employees and expansion capability for 100 more.
