City: Burlington

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 ...

Boston Business Journal Northeastern University has paid $33 million, or $302.51/sf, for the 109,085-square-foot Burlington BioCenter life-sciences property in the Boston suburb of Burlington, Mass. The school bought the property from an affiliate of MetLife Investment Management in a deal ...

Commercial Real Estate Direct Staff Report Lamar Cos. has completed its $38.94 million purchase of the Alamance Crossing shopping center in North Carolina's Piedmont Triad. The Fairfield, N.J., investor, which pursues retail properties opportunistically, bought the property through a receivership ...

Triad Business Journal StoneRiver Co. has paid $66.9 million, or $232,292/unit, for the 198 Milltown Apartments in Burlington, N.C. The Birmingham, Ala., company purchased the 288-unit property from Zimmerman Development Co. of Wilmington, N.C., in a deal brokered by Berkadia. ...

Commercial Real Estate Direct Staff Report Alamance Crossing shopping center in North Carolina's Piedmont Triad, which backs a $37.65 million mortgage that's been in special servicing since 2020, is close to being sold for more than its loan balance. Arsenault ...