Updates in the world of Commercial Real Estate
CAMBRIDGE, MA—A prominent 65,000-sf office/retail building has changed hands for $18.9 million. Owned for the past decade by Paradigm Properties, 1030 Massachusetts Ave. is located on the edge of Harvard Square in the city’s tight mid-Cambridge district. Calls to Paradigm principals were not returned by press deadline, while efforts to contact the buyers were also […]
Accounting firm MarcumRachlin has leased 7,000 square feet at CityPlace Office Tower in downtown West Palm Beach. The firm’s West Palm Beach office will relocate in August from Phillips Point to its new seventh-floor CityPlace digs. “We feel there’s great value to the office tower’s central location and direct access to CityPlace,” said Larry Blum, […]
The Town of Westwood is suing Commonfund Realty Investors and the former development entities overseeing the massive Westwood Station project, accusing the group of ignoring its financial obligations in the repair and restoration of public roadways damaged during preliminary construction. But there are questions as to whether Commonfund Realty Investors, a real estate fund run […]
BOSTON – Skanska USA Commercial Development in Boston announced that it has closed on the development rights to build an already permitted 120,000-square-foot lab/R&D project in Cambridge. The project at 150 Second Street (www.150second.com) is located in the heart of the Kendall Square’s world-leading biotech cluster and will consist of a three-story building with underground […]
