Adding detail to an announcement from earlier this week, the Deshpande Foundation and a coalition of colleges and non-profit groups said today that a planned entrepreneurship center based at the University of Massachusetts Lowell will be called the Merrimack Valley Sandbox, and that it will be funded with $5 million from the Deshpande Foundation over […]
A prime piece of Boston real estate on the swankiest end of Newbury Street is headed for the auction block. The property at 4-6 Newbury St., which includes a 160-car garage and first-floor retail space across from the Taj Boston Hotel, faces foreclosure, because its owner defaulted on the mortgage, according to a legal notice […]
Participants at the ICSC New York Conference this week were waxing optimistic for the retail real estate industry going forward. Indeed, research consultant Dana Telsey told conferees that the phrase she heard most often at third-quarter earnings meetings with the executives of nearly two dozen retail chains was, “It feels better.” Telsey, who heads Telsey […]
BY JOAN VERDON The Record STAFF WRITER North Jersey is a prime target for retail expansion, as companies recover from the retail recession of the past two years and new businesses take advantage of vacant spaces, said real estate professionals attending the International Council of Shopping Centers deal-making conference in New York on Monday. The […]
Industry veteran to secure agreements with multi-unit franchise partners, developers COPPELL, Texas, Dec. 7, 2010 /PRNewswire/ — CiCi’s Pizza, home of the $4.99 endless pizza, pasta, salad and dessert buffet, announces today the addition of Deb Chappell as Director of Real Estate Services and Support. A 25-year veteran, Chappell led expansion efforts for big names […]
Greater Boston’s industrial and warehouse markets continue to be plagued by high vacancy rates and alarmingly low rents, although recent sparks — in of all places the decimated Interstate 495 region — could be leading indicators of better times to come. A new report by Richards Barry Joyce & Partners said the three months ended […]
U.S. commercial real estate prices climbed 4.3 percent in September from the previous month, according to the Moody’s/REAL Commercial Property Price Indices (CPPI). That’s the largest one-month gain in the index’s nine-year history, and is encouraging for a market that has wrestled with deflated property values for nearly three years now. Yet experts debate whether […]
By Murray Shor At first glance, the fact that internet sales are booming should have a crushing impact on future dealmaking, already staggered by record-setting vacancies and lackluster leasing and development. This is despite the fact that many soothsayers are seeing signs on the horizon of improvement across-the-board– and they expect positive holidays sales due […]
Seventy five years ago Robert Slate began selling paper and pencils at 8 Holyoke St. in Harvard Square as Bob Slate, Stationer. He persevered, survived the depression, nurtured his shop through the forties, thrived in the fifties, and unknown to himself created a legacy by orchestrating a seamless transition of responsibility to his sons Justin […]
Miami Lakes-based LeaseFlorida had the winning bid to purchase a downtown Miami office building for $2.5 million. The 84,382-square-foot building, at 28 W. Flagler St., was previously owned by Brooklyn-based Mihato Realty, which lost a $5.1 million foreclosure in September. Clearwater-based Intervest National Bank had a $4.4 million mortgage on the property. Alan I. Waserstein, […]
