ABG Commercial Real Estate News
Recent News from Local Cambridge and Boston Commercial Experts.
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....
SOLD: $20 Million | 83,224 SF | Somerville, MA
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