News: Spotlights

Top Stories: February 2011

Mayor Koch and Street-Works sign $1.2b redevelopment agreement for Quincy Ctr.; to include 1m s/f of office space and 575,000 s/f of retail Boston Realty Advisors sells two Beacon Hill ­buildings, 86 and 120 Charles St., to The Mount Vernon Co. for $4.8 million Jones Lang LaSalle closes sale of 24,192 s/f in Office Park at Water Tower Hill for $4.5 million: Donahue & Assoc. assists Harriman and Consigli Const. complete MaineHealth's new 89,000 s/f corporate headquarters at 110 Free St., Portland Pro Con Inc completes 154-unit Alta at Indian Woods; Wood Ptrs. is developer of $13.5 million apartment community in Stoughton Cummings Props. TradeCenter 128 named Project of the Year Award recipient; 600,000 s/f office complex at 95% occupancy Witten and Nolletti of Marcus & Millichap close on $3.181 million sale of 59-unit South Park Apartments, Manchester, Conn. The Geenty Group brokers 3 deals totaling 6,000 s/f; includes 3,200 s/f mfg./dist. lease at 63-9 North Branford Rd., Branford The Abbey Group sells Landmark Center, near Fenway Park, to JP Morgan and Samuels & Assoc. for $530.5 million; C&W reps seller Campanelli leases 101,000 s/f to Steward Health Care System at 30 Perwal St., Westwood, Mass.; Wilson of G&E reps landlord Hegenbart of NorthMarq arranges financing of $12 million for 123,842 s/f Stow (Mass.) Shopping Center for borrower Linear Retail Props. Breda and Elwell of Goedecke secure $14 million refinancing for Katz Props.; 124,218 s/f Stop & Shop Plaza, Enfield, Conn. Kumnick and Morizio of Colliers Int'l. complete 69,400 s/f lease at 35 Industrial Park Dr., East Longmeadow for JSC Wire & Cable Burgess of Burgess Props. brokers two office leases - 38,000 s/f; includes 25,000 s/f at Clocktower Business Center Spiegel of NE Moves Mortgage arranges $1.048m construction loan for 7,000 s/f office building at 109 Long Wharf, Newport, RI Moore of Peter Scotti sells 4,100 s/f office bldg. for Moses Brown School - $380,000; Mayer of Residential Props. reps buyer Catlin and Schneier of Boston Realty Advisors broker 8,978 s/f lease at 399 Boylston St. to Brodeur Ptrs.; FHO reps landlord, Shorenstein Davis Marcus Partners reaches 100% occupancy at Reservoir Woods; three new leases totaling 35,064 s/f at 1.2m s/f property Witten and Nolletti of Marcus & Millichap broker $19.2 million sale of 345-unit portfolio to Paredim Acquisitions in Waterbury, CT Building and Land Tech. leases 66,000 s/f to LDH Energy at One Harbor Point Sq., Hartford; Pajolek and Caruso of CBRE assist E.G. Sawyer Co. provides electrical construction of Dana-Farber Yawkey Center for Cancer; project team includes Yale Electric Mitchell of Rader Props. brokers $7.463 million sale of 48,000 s/f Blue Hills Medical Center; 340 Wood Rd., Braintree Cedar Shopping Centers purchase 160,000 s/f Northwoods Crossing, Taunton, Mass. for $23.5 million; anchored by BJ's and Tractor Supply KeyPoint Ptrs. updates 2 Keene, NH shopping centers; Colony Mill Marketplace and Center at Keene, leases space to new tenants
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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