Updates in the world of Commercial Real Estate
The Abbey Group said today that it has sold Landmark Center, an office and retail complex near Fenway Park, for $530.5 million. The buyer is a joint venture between JP Morgan Investment Management Inc. and Samuels & Associates, said the Abbey Group, a Boston real estate company. Tenants at Lanmark Center include Blue Cross Blue […]
It just doesn’t mix. Or does it? For as long as I can remember, artists and the art world have been shunned by commercial property owners and commercial brokers alike. It would be easy to say it’s been a bad mix, but the truth is: It’s barely been a mix at all. But things can […]
Somerville — With its large bay to accommodate trash trucks, the transfer station at the edge of Brickbottom seems larger than life, built for giants. Now Somerville is getting ready to outgrow the trash transfer station, sacrificing the nearly $1 million of revenue for better living conditions. Sometime this year, Mayor Joe Curtatone is planning […]
The Abbey Group’s challenges in filling 840 Memorial Drive in Cambridge appear to be as stubborn as ever, despite the firm’s recent lease extension with drug developer Bluebird Bio. The BlueBird Bio deal’s terms were not disclosed. However an Abbey Group spokesman with Reagan Communications Group in Boston said new the agreement means Bluebird Bio […]
The Boston office of Holliday Fenoglio Fowler LP, or HFF said that it has arranged a $29.5 million first mortgage financing for two office properties at 12 Farnsworth Street and 22 Boston Wharf Road as well as the Farnsworth Garage in Boston’s Seaport District. HFF said it worked exclusively on behalf of Berkeley Investments Inc., […]
Big Dig mandates are bringing transit to the inner-ring suburbs. Public transit in the Boston area owes a giant debt to the Big Dig, the multibillion-dollar project that essentially buried the Central Artery expressway and in the process created a new roadway network. It’s the new highways, tunnels, and a high-style bridge that catch the […]
Associated Press LOWELL — The University of Massachusetts-Lowell has announced it has bought the former St. Joseph’s Hospital complex for $6.3 million, with plans to invest tens of millions more in renovations. Chancellor Marty Meehan tells The Sun that the purchase will link the university’s North, South, and East campuses and help revitalize the Acre […]
Meet Boston’s newest skyscraper – a 31-story glass-walled tower at the corner of Congress Street and Atlantic Avenue in Boston’s Fort Point Channel district. The tower is part of a complex that fills a large gap in the city’s effort to transform the area into a modern waterfront with new residences, restaurants, boating tours, and […]
CANTON — When OneBeacon Insurance Group acquired the former EquiServe headquarters campus in 2005, OneBeacon executives had always envisioned the Canton building as a multi-tenant campus. Finally, the insurance company is ready to share. OneBeacon hosted its first open house for commercial real estate brokers Wednesday as it looks to find tenants to fill as […]
THE REPLACEMENT of Hi-Lo Foods with a new Whole Foods Market will be an epochal event, not just for the changing neighborhood of Jamaica Plain but also for the Latino community that Hi-Lo has served for 47 years. The current store is hardly the most modern of supermarkets, but what it lacks in sophistication it’s […]
