Haymarket Square Hotel Names Operator
A 212-room hotel that recently broke ground overlooking Boston’s Greenway will operate under a Hilton boutique format brand.
JLL Completes $1.8B Acquisition of HFF
Jones Lang LaSalle has closed its $1.8 billion acquisition of HFF, a move aimed at expanding clients’ access to capital markets.
Boston Landing Complex Gets $111.5M Mortgage
A Guest Street property that’s home to the Boston Bruins practice facility and a group of office and lab tenants has obtained $111.5 million in mortgage financing at the Boston Landing development in Brighton.
Economy Puts Upward Pressure on Multifamily Investment Sale Prices
Even though capital markets remain liquid, there continues to be significant interest in multi-housing across the entire United States. And more capital is moving towards the Greater Boston market since the multifamily fundamentals are outpacing other primary markets in the U.S.
Another Union Square Development Site in Play
Real estate bordering the elevated section of Somerville’s McGrath Highway could see a transformation, as MassDOT prepares to remove the rusting McCarthy overpass.
Three-Brownstone Roxbury Portfolio Trades for $4.6M
Three brick townhouses just north of Roxbury’s Dudley Square have sold for $4.6 million, according to information filed with the Suffolk Registry of Deeds.
Deutsche Bank Poised to Buy Medford’s Meadow Glen Shopping Center
A declining 1970s-era shopping mall that was redeveloped to attract Massachusetts’ fifth Wegmans supermarket is set to be acquired this week.
A New Hand Takes the Helm at Colliers
David Goodhue was named market leader of Colliers International Boston in January, succeeding the veteran three-part leadership team of Kevin Phelan, Tom Hynes and Jim Elcock.
17th Century Hotel Sold On Nantucket
Cranston, Rhode Island-based alternative asset manager Procaccianti Cos. has acquired a pair of boutique hotels on Nantucket for $4.2 million.
Braintree Developer Buys Southie Apartments
A 2-year-old apartment and retail building across from the MBTA’s Broadway station in South Boston has sold for $25 million to Braintree-based John M. Corcoran & Co.
With New Name, Brokerage Seeks Growth In Boston
Commercial brokerage Savills Studley Inc. is rebranding itself as Savills Inc. and promoting its new image in commercials during the NCAA men’s basketball tournament and an upcoming online marketing campaign.
Mega-Brokerage Trend Continues With HFF Acquisition
In the latest major consolidation within the commercial brokerage industry, JLL has agreed to acquire HFF for $2 billion in a transaction that will strengthen its capital markets teams in Boston and nationwide.
Newton Developer Buys Tewksbury Hotel
Newton-based Sawyer Realty Holdings has acquired the 130-room Residence Inn Boston Tewksbury/Andover hotel as part of a three-property portfolio.
Hotel Group Adds to Portfolio With Nantasket Beach Acquisition
The 107-room Nantasket Beach Resort in Hull has been sold to Newport Hotel Group.
Wegmans-Anchored Shopping Center Hits Market
New England Development has put Medford’s Meadow Glen shopping center on the market after a recent redevelopment that replaced the former mall’s interior section with three new anchor tenants, including Wegmans supermarket.
Former New Balance Headquarters Hits Market
NB Development preparing to sell two buildings within its 1.9-million-square-foot Boston Landing complex in Brighton, including the former New Balance headquarters at 20 Guest St.
Seaport Office Property Acquired by Brookfield After Bidding War
Brookfield Asset Management is the winner of a bidding war for a 152,102-square-foot office building in Boston’s Fort Point.
$90M Office Investment Sale on Tap in Fort Point
One of the Seaport District’s remnants of affordable office space is expected to be sold to a national real estate investor for over $90 million late this year.
Newtonville Development Gets $30M Construction Loan
A controversial multifamily development on Newton’s city-owned Austin Street parking lot has obtained $30.2 million in construction and permanent financing.
Watertown Lab Conversion Sold to Clarion Partners for $158M
A speculative life science complex in Watertown that demonstrated the industry’s willingness to grow in Boston’s inner-ring suburbs has been sold for $157.6 million.
