Category: Front Section
Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.
January 30, 2025
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
CoreNet Global - New England Chapter opens 2025 Awards of Excellence Call for Nominations
January 30, 2025
Boston, MA According to The CoreNet Global – New England Chapter, nominations for the 2025 Awards of Excellence are now open. Submissions will be accepted through February 10, 2025.
Bulfinch’s Cambridge Discovery Park receives the Boston Life Science Building of the Year Award
January 30, 2025
Boston, MA An affiliate of The Bulfinch Companies, Inc. (Bulfinch), a commercial real estate and investment firm, has earned the Building Owners & Managers Association (BOMA) Boston’s 2024 TOBY and Industry Award for Boston Life Science Building of the Year, recognizing Cambridge Discovery Park (CDP) Buildings 400-500.
Hobbs Brook Real Estate signs 151,765 s/f lease to Commonwealth Financial Network
January 30, 2025
Waltham, MA Hobbs Brook Real Estate (HBRE), a developer, owner, and operator of premier office and life science space, has signed Commonwealth Financial Network, to a 151,765 s/f lease at 275 Wyman St., a five-story, 300,000 s/f, class A, LEED Gold-Certified office building.
Project of the Month: Maugel DeStefano Architects, Integrated Builders and Northstar Project & Real ...
January 30, 2025
Bedford, MA Maugel DeStefano Architects, Integrated Builders, and Northstar Project & Real Estate Services have completed a new 169,000 s/f advanced research and development facility for Werfen, a global leader in specialized diagnostics with a focus on hemostasis, acute care diagnostics, and autoimmunity.
Skanska Integrated Solutions working as program manager for construction of Williams College Museum ...
November 1, 2024
Williamstown, MA According to Skanska, a leading global construction and development firm, its program management and consulting group, Skanska Integrated Solutions (SIS), is serving as the program manager for the construction of the Williams College Museum of Art. Situated on a 6.75-acre site, the new museum will be 76,800 s/f
Kelleher and Pentore of Horvath & Tremblay broker $4.1 million sale
November 1, 2024
Cambridge, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of a six-unit property. The desirable asset sold for $4,100,000 which represents a 5.58% Cap Rate and $683,333 per unit. Kelleher and Pentroe represented the seller, The Mount Vernon Company, in the transaction.
Azora Exan acquires 149 Newbury St. from L3 Capital for $101 million
November 1, 2024
Boston, MA An affiliate of Miami-based Azora Exan has acquired 149 Newbury St. from the property’s developer, Chicago-based L3 Capital. The property sold for $101 million according to public record. The per s/f price of $2,321 for the five-story mixed-use property
Hovey joins JLL’s Capital Markets Investment Sales and Advisory team
November 1, 2024
Boston, MA JLL Capital Markets has hired Tom Hovey as director, joining the JLL Northeast Industrial Capital Markets Investment Sales and Advisory team.
Bulfinch signs long-term lease with TIAA at 95 Mount Auburn St.
November 1, 2024
Cambridge, MA An affiliate of The Bulfinch Companies, Inc. (Bulfinch), a commercial real estate and investment firm, has signed a long-term lease extension with TIAA, The Teachers Insurance and Annuity Association of American-College Retirement Equities Fund at 95 Mount Auburn St.
Investing in a falling rate environment - by Harrison Klein
November 1, 2024
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.
Boston Realty Advisors represents Audubon Road Associates in the sale of Shawomet Gardens
November 1, 2024
Somerset, MA Boston Realty Advisors (BRA) represented Audubon Road Associates in the sale of Shawomet Gardens, a community of 240 handsome garden residences. The sale price was not disclosed.
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