MetroWest Portfolio Gets $96M in Financing
The owner of a warehouse in the Interstate 495 Corridor has received a construction loan for a new property and refinanced its existing warehouse next door.
King Street Buys Waltham Portfolio for $68M
In its latest acquisition spree, life science developer King Street Properties paid $68 million for a portfolio of commercial properties near Route 128 in Waltham.
Alexandria Buys Andover Office Properties for $341M
Life science development heavyweight Alexandria Real Estate Equities has paid $341 million for eight properties in Andover’s Minuteman Park, including 1.3 million square feet of existing buildings and potential for a new biomanufacturing complex.
Amazon Buys Westborough Industrial Property for $65M
Amazon has paid major MetroWest landlord Carruth Capital $65 million for a 93-acre swath of Westborough’s Computer Drive commercial district that has been approved for a large, last-mile e-commerce facility.
Newly-Developed Amazon Distribution Center Hits Market
After landing Amazon as anchor tenant for a speculative distribution center project in Northborough, developers are putting the 600,000-square-foot facility on the market.
Widett Circle Investors Include Demoulas, Suffolk Investment Arm
A group of prominent Bay Staters including former Market Basket board member Arthur S. Demoulas and construction giant Suffolk’s investment arm make up the ownership group paying $125 million to buy the sought-after Widett Circle property in South Boston.
Amazon Distribution Center on Ex-Necco Property Sold for $355M
The $355 million sale of Amazon’s future distribution center in Revere is the latest evidence of the strong demand for industrial properties near population centers and Logan International Airport.
Davis Cos. Buys 18-Acre Chelsea-Everett Site for Redevelopment
An 18-acre property on the Chelsea-Everett border that’s home to a large produce wholesaler could be redeveloped as last-mile distribution space following its acquisition by The Davis Cos.
Amazon Robotics Hub to Open in Westborough
After signing Amazon to a massive warehouse lease in Revere, Framingham-based developer Atlantic Management has gained a commitment from the e-commerce leader for a $40-million robotics research hub in Westborough.
Amazon Picks Necco Site for Distribution Center
Revere Mayor Brian Arrigo has announced Amazon will be opening a distribution center in the former Necco factory on Revere Beach Parkway in the city.
Wonderland Property Seeks Buyer for Redevelopment
Redevelopment of Revere’s former Wonderland greyhound racetrack property could be around the corner with the selection of a brokerage to market the 34-acre site.
Widett Circle Food Vendors Eyeing Move to Revere Necco Site
The wholesale food cooperative based at Boston’s Widett Circle is focusing on Revere’s former Necco factory for a new home, potentially clearing the way for redevelopment of their coveted 19-acre site along the Southeast Expressway.
Developer Gets $115M to Revamp NECCO Factory
The owners of the largest block of available industrial space in Massachusetts have refinanced their debt with a new $115 million bridge loan to pay for future capital projects and tenant improvements.
Food Vendors Find Boston Rents Hard to Swallow
Atlantic Management’s decision to retain the Necco factory as industrial space reflects the sector’s sudden resurgence in Greater Boston.
Food Distributors Eye Former Necco Factory
The future of the former Necco factory in Revere is coming into focus as the new owners seek to fill the 829,000-square-foot facility with industrial, life science or R&D tenants.
Framingham Developer Acquires Devens Property
Fresh off of its acquisition of New England Confectionary Co.’s 50-acre Revere headquarters, Framingham-based Atlantic Management Corp. has made another industrial buy.
Sweetheart Deal As Developers Buy NECCO’s Revere Headquarters
Framingham-based developer Atlantic Management has acquired New England Confectionary Co.’s 50-acre headquarters in Revere, the candy manufacturer’s home since 2003, for $54.6 million
Whole Foods Market Offices, Test Kitchen Moving To Marlborough
Whole Foods Market will relocate its regional headquarters from Cambridge to the $300 million Marlborough Hills mixed-use development after leasing 50,000 square feet of office space at 200 Forest St. from Atlantic Management of Framingham.
