When a Merger Means Growth

A merger between the second and sixth largest employers in Massachusetts’ all-important life science industry typically would cause indigestion in commercial real estate and economic development circles.

Boston Lands Among Top 3 Office Markets in Q2

Boston had the third-strongest office market absorption in the U.S. during the second quarter, reflecting e-commerce firm Wayfair’s big expansion in the Back Bay and continued growth of the co-working sector.

Medical Building In Dedham Sells For $6.45M

A Dedham medical office building has sold for $6.45 million. Dedham MOB, an entity controlled by Whelan Assoc., recently purchased the 22,399 square-foot building at 910 Washington St. near Legacy Place. The two-story offices were built in 2012 and are designed to promote energy efficiency and environmental sustainability. Vision Realty Dedham LLC and Garry...

Bunker Hill Business Center Sold For $14.7M

New Canaan, Connecticut-based Cambridge Hanover Inc. has sold the 52,944-square-foot Bunker Hill Business Center. The property, at 440 Rutherford Ave. in Boston’s Charlestown neighborhood, was purchased by  Center Court Partners LLC of Dedham for $14.7 million. Texas-based Lone Star Funds’ LSTar Capital Finance Inc. unit provided a $10.5 million mortgage, according to a Suffolk...

Framingham Marist Center Sold, To Be Redeveloped As Senior Housing

The Marist Fathers of Boston has sold its Marist House Retreat Center in Framingham for $4 million. The two-building property at 518 Pleasant St. contains a total of 50,077 square feet of space on a 28.72-acre site. It features a 45,000-square-foot, 70-bed seminarian residence, along with a chapel, support space and administration offices. The buyer,...