Commercial Real Estate News

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Boston Commercial Real Estate News From CoStar Group CoStar Group, Inc. is the leading provider of information services to commercial real estate property investors and sales professionals in the United States and United Kingdom. CoStar's suite of services offers access to the most comprehensive database of commercial real estate information and commercial property listings available in its markets.

  • MHP Real Estate Services, Banyan Street Capital Forge Alliance
    by Paul Owers <news@costar.com> on April 19, 2018 at 3:06 am

    New York-based MHP Real Estate Services has teamed with Banyan Street Capital of Miami to form one of the nation’s largest private commercial real estate companies with a combined portfolio valued at more than $3 billion. The two firms own and manage office buildings totaling more than 15 million square feet across the Eastern U.S., and will coordinate efforts while continuing to operate under their respective brands. MHP said the partnership will... […]

  • Interest Rate Rises Good for Apartment Sector?
    by John Doherty <news@costar.com> on April 16, 2018 at 4:01 am

    The steady rise of home mortgage rates is a good-news/bad-news situation, according to CoStar research. While any bump in interest rates makes it harder for would-be homeowners to buy, that’s good for the multifamily sector. A report from CoStar posits that for every rise in home mortgage interest rates, thousands of renters will have to delay buying - thereby increasing the pool of renters and bolstering multifamily fundamentals. CoStar’s data... […]

  • Bertucci's Files for Ch. 11 Restructuring, Investment Firm Bidding to Buy, Recapitalize Chain
    by Mark Heschmeyer <news@costar.com> on April 16, 2018 at 3:05 am

    Bertucci's, the Boston area-based Italian food casual restaurant chain, today filed for Chapter 11 bankruptcy, requesting the sale of substantially all of its assets, including all 59 of its restaurants remaining in operation, to Right Lane Dough Acquisitions LLC, a bidding entity affiliated with Chicago-based private investment firm Right Lane Capital LLC. Sixteen of the chain's restaurants have served up their last brick oven pizzas as part of... […]

  • CoStar Market Insights: Could Allston/Brighton be Boston’s Next Biotech Hub?
    by Peter Conway <news@costar.com> on April 13, 2018 at 7:22 am

    Pictured: 40 Guest St. in Boston Landing.Biotech tenants increasingly priced out of Cambridge, the historical life science capital, are migrating to nearby Allston/Brighton, and New Balance and Harvard are hoping to transform this once sleepy part of the metro into the next biotech hub. And while all signs point to that happening, it’s not going to be overnight. Or even close. Kendall Square’s rise as a biotech hub has been well documented... […]

  • Slalom Relocating to 399 Boylston Street in Boston
    by Taylor Gerhard <news@costar.com> on April 13, 2018 at 2:27 am

    Slalom has signed a 30,075-square-foot lease at 399 Boylston St. where the company will consolidate its two Boston offices. A business and technology consulting firm out of Seattle, Slalom will combine its locations at 181 Newbury St. and 312 Stuart St. in to part of the third and 10th floors of the 13-story, 251,328-square-foot Boylston St. building in central Boston’s Back Bay. The property has been recently renovated, and features a new glass... […]