City: Boston

The Boston office market, like others around the country, is fast becoming bifurcated, with properties classified as trophy performing on a different level than lesser buildings.

BisNow Harbor Group International has paid $181.7 million, or $465,897/unit, for the 390-unit Kendrick apartment property in the Boston suburb of Needham, Mass. The Norfolk, Va., investment manager bought the seven-year-old property from its developer, Toll Brothers Inc. of Fort ...

BisNow Fidelity Investments is looking to sublease the 803,000 square feet it occupies at the 910,000-sf office property at 245 Summer St. in Boston. The financial services company is relocating next year to Commonwealth Pier, the former Seaport World Trade ...

BisNow Klaviyo has added 159,604 square feet to the 159,860 sf it had occupied at the 125 Summer St. office building in downtown Boston. The email marketing company now leases nearly 52% of the 495,000-sf building, owned by Oxford Properties Group, ...

The Brookfield Property Partners venture that owns the Natick Mall in the Boston suburb of Natick, Mass., has negotiated a two-year term extension of the property's $505 million mortgage. The modification included a nearly $50 million principal paydown. Meanwhile, the ...

Commercial Observer A venture of Blue Vista Capital Management and Cabot, Cabot, & Forbes has lined up $212 million in financing against Overlook at St. Gabriels, the 555-unit apartment property at 175 Washington St. in the Brighton neighborhood of Boston. ...

BisNow Grant Street Funding has provided $34.3 million of mortgage financing against the 80,780-square-foot office property at 60-66 Long Wharf Drive in Boston. The two-building complex is owned by Capital Properties of Boston, which had purchased it in 2015 for ...

Boston Business Journal Waterstone Properties Group has paid $30 million, or $348.84/sf, for 86,000 square feet at the 351,282-sf Marketplace at Braintree open-air retail center in the Boston suburb of Braintree, Mass. The Needham, Mass., developer bought the space from ...

Rockpoint has paid $120 million, or $197.53/sf, for the 607,486-square-foot Uxbridge Distribution Center in Uxbridge, Mass. The Boston investment manager bought the property, at 40 Lackey Dam Drive, from a venture of Scannell Properties and Crow Holdings Capital. JLL Capital ...