Long Island’s shrinking industrial space has placed expanding tenants in a tough spot, forcing them to look east to Suffolk County and off the island entirely, according to real-estate services firm JLL. […]
A massive build-out by retailers has left the country piled up with grocery shelves as consumers shift from big weekly shopping trips to more snacking and to-go meals. […]
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.
A second major office lease at Skanska's 421,320-square-foot, 17-story office high-rise slated to deliver early next year at 121 Seaport Blvd. in Boston's Seaport District has brought the elliptical-shaped tower to full occupancy.
Alexion Pharmaceuticals finalized a deal that will see the global biopharmaceutical relocate its corporate offices from New Haven, CT to 150,000 square feet across the third through eighth floors of 121 Seaport beginning... […]
The ranks of alternative CRE lenders continue to grow as two new REITs launched this week: FS Credit Real Estate Income Trust, a nontraded REIT, and Tremont Mortgage Trust, publicly traded on the Nasdaq Exchange.
FS Credit REIT
FS Credit Real Estate Income Trust commenced operations and cut its first two deals. The nontraded REIT continues to offer shares seeking to raise a maximum amount of $2.75 billion.
Already this week, Philadelphia-based... […]
KS Partners has named Cushman & Wakefield the exclusive leasing agent for Highwood Office Park, a 279,000-square-foot, three-building office park located at 1 - 3 Highwood Dr. in Tewksbury, MA.
The park was constructed in phases from 1989 to 1999 on a 17.7-acre site off I-495 minutes from I-93 and Route 3 in suburban Boston's Lowell/Chelmsford submarket. Its on-site amenities include a café, fitness center with lockers and showers, and a full-service... […]
Philadelphia-based real estate investment manager Rubenstein Partners has sold its interest in the 242,228-square-foot office building at 1000 Washington St. as well as the adjacent four-story parking garage at 321 Harrison Ave. in Boston's South End to Nordblom Co. and CIM Group for an undisclosed amount.
Nordblom, which has owned 1000 Washington St. since 2006, brought Rubenstein on as an investment partner in the property in late 2014 following... […]
The Gutierrez Co. completed three lease transactions at the company's 250,000-square-foot, six-story 200 Summit office building located at 200 Wheeler Rd. within The Summit office park in Burlington, MA.
128 Technology expanded and leased 16,387 square feet at the building, while City Facilities Management took 7,044 square feet and Center for Individual Opportunity (CIO) signed for 2,232 square feet.
200 Summit is the center of Burlington's... […]