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Commercial Observer Wells Fargo Bank has provided $190 million of mortgage financing against the Ink Block and 7INK, a pair of apartment properties with 495 units in Boston. CBRE arranged the floating-rate financing. The 315-unit Ink Block, at 300 Harrison ...
A venture of Cross Ocean Partners and Lincoln Property Co. has paid $132 million, or $322.60/sf, for the 409,197-square-foot office property at 140 Kendrick St. in the Boston suburb of Needham, Mass. The three-building complex was sold by BXP Inc. ...
The 13-story property is more than 90% leased and includes a fitness center with showers and locker room, yoga studio, and a salon.
Montana Avenue Capital Partners has paid $84.5 million, or $195.95/sf, for the 431,233-square-foot office and research and development property at 53 and 63 South Ave. in the Boston suburb of Burlington, Mass. The Los Angeles investment manager acquired the two-building ...
Sagard Real Estate has paid $17.85 million, or $266.54/sf, for the 66,970-square-foot industrial building at 8 Roessler Road in the Boston suburb of Woburn, Mass. The Denver investment manager, the former EverWest Real Estate Investors, bought the property from a ...
Minneapolis, Atlanta, and Boston are the best cities in which to live for Generation Z—those born between 1997 and 2012—based on a recent ranking compiled by Commercial Café. Affordability and employment opportunities were the biggest factors.
Commercial Real Estate Direct Staff Report CIM Group is providing a $93.1 million loan to help fund DivcoWest's $125 million acquisition of the 245,000-square-foot office property at 399 Boylston St. in the Back Bay section of Boston. DivcoWest bought the property ...
Commercial Real Estate Direct Staff Report National Development has paid $100.25 million, or $384.30/sf, for the 260,867-square-foot retail property at 550 Arsenal St. in Watertown, Mass. The Newton, Mass., developer bought the property from Alexandria Real Estate Equities Inc. of ...
Urban Edge Properties has paid $39 million, or $428.57/sf, for the 91,000-square-foot Brighton Mills Shopping Center in the Boston suburb of Allston, Mass. The New York REIT bought the property, roughly a mile from Harvard University's business school, from an ...
DivcoWest has paid $125 million, or $510.20/sf, for the 245,000-square-foot office property at 399 Boylston St. in the Back Bay section of Boston. The San Francisco investment manager acquired the property from Blackstone, which bought it in 2014 for $117 ...
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