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ABG Commercial Real Estate News

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BANKER & TRADESMAN’S FAST 50

CRE Lending Powers Fast Community Bank Growth But as Rates Rise, So Does Caution By Diane McLaughlin Banker & Tradesman Staff Local banks and credit unions have emerged as big winners from the 65 percent year-over-year- growth in commercial mortgage volumes...

CRE Investment Volume Climbs 10% in Q2

Both gateway and Sun Belt markets recorded strong growth. U.S. commercial real estate investment volume rose 10 percent year-over-year in the second quarter of 2022, to $167 billion, with industrial and logistics investments providing nearly $32 billion of the total...

Cambria Hotel Boston Somerville opens its doors

By Boston Real Estate Times  Somerville, MA – Cambria Hotel Boston Somerville has opened its doors. Situated on the Somerville-Cambridge line, it converges with a unique moment in time for Somerville as it experiences a modern-day renaissance, and it adds to the...

Gibbons of Associated Brokerage Group brokers $15.7 million sale

  Lawrence, MA - Oliver Street Capital, in a joint venture with an institutional capital partner, has acquired a 90,692 s/f warehouse/distribution center located in the Lawrence Industrial Park at 91-101 Glenn St. for $15.7 million. The asset is fully leased to...

ABG Commercial Realty Brokers a Lease with Lab Minds for R&D/Lab Office Space in Post Office Square in Boston

Boston, MA, January 25, 2022 -   ABG Commercial Realty is proud to announce a lease agreement between LAB Minds LLC, from Somerville, MA and A.W. Perry Inc., at 20 Winthrop Square, Boston. Based in Cambridge, ABG’s Vice President, Stephanie Deering, brokered the lease...

ABG Commercial Brokers $21.5M Sale of Watertown Flex Building

Griffith Properties Will Transform Asset into Class A Lab Space in Emerging Life Science Market Watertown, MA, January 25, 2021 – Griffith Properties and partner, a fund controlled by DRA Advisors, have acquired a 145,000 SF flex/industrial property located at 580...

Associated Brokerage Group handles $23 million sale of Gentle Giant headquarters to DLJ Real Estate Capital Partners

Somerville, MA DLJ Real Estate Capital Partners has acquired the office/industrial headquarters site of moving company Gentle Giant for $23 million. The three acre parcel is adjacent to the 3.4 acre site DLJ acquired in a joint venture with Leggat McCall Properties...

ABG Commercial Brokers $13.5M Sale of 3.4 Acre Boynton Yards Site

  ABG’s Bernard Gibbons Represents Seller, Procures Buyer in Development Deal   Somerville, MA, November 19, 2018 – DLJ Real Estate Capital Partners, in a joint venture with Leggat McCall Properties (LMP), has acquired a 3.4 acre office/industrial site from...

SOLD: $7 Million | 1.31 Acres | Watertown, MA

  Boston Real Estate Times The Real Reporter Watertown, MA April 16, 2019: Bernard Gibbons of Associated Brokerage Group represented Empire Management in the $7 million sale of the property located at 66 Galen Street in Watertown to Boston Development Group....

ABG Commercial Real Estate Blog

Get the best industry information and insight with th ABG Commercial Realty blog.  

New Norwood grocery store takes online ordering a step further

By Grant Welker  –  Projects Reporter, Boston Business Journal Jan 27, 2023 A new grocery store in Norwood takes the pandemic trend toward online ordering a step further. At Addie’s on Route 1, the entire 22,000-square-foot store is devoted to employees filling orders...

Shoppers Weigh In on Most Popular Grocers

Lynn Petrak Senior Editor YouGov, an international data and analytics group that regularly conducts polls on a range of topics, is out with its latest list of the most popular grocers in the United States. The research firm surveyed consumers during the fourth quarter...

BJ’s Wholesale Club Completes Headquarters Relocation

By Boston Real Estate Times  - January 23, 2023 CANTON, MA – BJ’s Wholesale Club (NYSE:BJ) has moved into its new 190,000 SF corporate headquarters located on Campus Drive in Marlborough, MA. The move maximizes BJ’s corporate space to house team members and meet with...

Market Recovery Hinges on Quick Inflation Drop

By Matt Grossman Updated Jan. 23, 2023 5:25 pm ET Behind this year’s improved start for markets lies a broad wager that inflation will soon post a once-in-a-generation decline. Market-based gauges of inflation expectations project the annual pace of rising prices will...

Northshore Mall Promenade Renovation To Include New Dining, Retail

Scott Souza,Patch Staff Posted Tue, Jan 24, 2023 at 12:18 pm ET PEABODY, MA — A final phase of construction and redevelopment will usher in more high-profile dining and retail operators at the Northshore Mall in 2023. Simon Property Group, which operates the shopping...

Major lab, housing project proposed on Soldiers Field Road in Brighton

By Greg Ryan  –  Senior Reporter, Boston Business Journal Jan 23, 2023 Trammell Crow Co. has put forward one of the largest development proposals in Boston in the past year: Three new life sciences buildings, as well as 200 residential units — all of them...

Moderna is hiring 2,000 employees this year. Here’s where they’ll be.

By Rowan Walrath  –  Life Sciences Reporter, Boston Business Journal Jan 23, 2023 Moderna Inc. is hiring another 2,000 employees this year, a move that would massively grow its headcount — and most of them will be in Massachusetts. The Cambridge-based company (Nasdaq:...

Wu floats long-awaited rent control proposal, but many hurdles remain

By Catherine Carlock and Emma Platoff Globe Staff,Updated January 18, 2023, 1:18 p.m In a bid to bring rent control back to Boston for the first time in three decades, Mayor Michelle Wu is readying a proposal that would limit allowable rent increases to 10 percent per...

Despite Near-Term Volatility, Multifamily’s Outlook is Promising

By Paul Bergeron | January 20, 2023 at 03:27 PM CP Capital says it’s best to focus on the future for multifamily investors, where fundamentals depict a bright outlook, coming off the past two volatile years that saw 2021 break records and 2022 pull back some. The firm...

Why Hybrid Work Will Reign in 2023

  FEATURED FACULTY Martine Haas AUTHOR Angie Basiouny Hybrid work is here to stay. That’s the prediction from Wharton management professor Martine Haas, who was asked to share what she thinks will be the biggest workplace trend of 2023. Although the mix of remote...

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