News: Front Section

Hershfield of Greenberg Traurig, LLP represents 311 Summer Street, LLC in building sale

311 Summer Street - Boston, MA 311 Summer Street - Boston, MA

Boston, MA Edward Hershfield, a shareholder in the real estate practice group of global law firm Greenberg Traurig, LLP represented 311 Summer Street, LLC in the sale of 311 Summer St., a brick-and-beam office building in the city’s Fort Point neighborhood. Qatar-based investor, Alduwaliya, purchased the core asset in an all-cash transaction. Boston Realty Advisors served as the commercial real estate brokers on the deal. The sale price was not disclosed.

Hershfield represented 311 Summer Street, LLC throughout its ownership of the property, including acquisition and financing of the property. The sale involved working with both the owner and broker on an intensive, streamlined approach to market the property, select a buyer, negotiate sale documents and close the transaction.

With over 25 years of experience, Hershfield represents clients in all aspects of real estate transactions, including acquisitions, financings, restructurings, zoning and land use matters, development and permitting processes, architectural and construction contracts, workouts and dispositions.

His clients include national real estate developers, pension fund advisors, hedge funds, architectural firms, publicly traded corporations, national banks and other institutional lenders.

Greenberg Traurig’s Boston Real Estate Group advises clients in connection with acquisition, financing, development, leasing, operation and disposition of real estate. Clients include a mixture of regional, national and international companies. Lawyers in the group have broad experience and knowledge in skills related to complex land use and environmental issues, office, apartment and retail transactions, and eminent domain disputes, including litigation regarding fair market value, right to take disputes, urban redevelopment issues and relocation. The Boston team is part of the firm’s highly regarded, award-winning national practice. In 2013 and 2010,Greenberg Traurig’s Real Estate Practice received the Chambers USA Award for Excellence.

Established in 1999, Greenberg Traurig’s Boston office is home to more than 65 attorneys practicing in the areas of corporate, emerging technology, energy, governmental affairs, healthcare, intellectual property, labor and employment, life sciences and medical technology, litigation, public finance, real estate, and securities. An important contributor to the firm's international platform, the Boston office includes a team of nationally recognized attorneys with both public and private sector experience. The team offers clients the value of decades of legal experience and hands-on knowledge of the local business community, supported by the firm's vast network of global resources.

Greenberg Traurig, LLP is an international, multi-practice law firm with 2,000 attorneys serving clients from 38 offices in the United States, Latin America, Europe, Asia, and the Middle East. The firm is No. 1 on the 2015 Law360 Most Charitable Firms list, second largest in the U.S. on the 2016 Law360 400, Top 20 on the 2015 Am Law Global 100, and among the 2015 BTI Brand Elite. 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary