An affiliate of Barings has bought Flats on First, a 136-unit apartment complex in Cambridge, Mass., for $103 million, or $757,352/unit. The unit of Massachusetts Mutual Life Insurance Co. bought the two-building property from local development firm Urban Spaces. Flats ...
Multi-Housing News An affiliate of Barings has bought Flats on First, a 136-unit apartment complex in Cambridge, Mass., for $103 million, or $757,352/unit. The unit of Massachusetts Mutual Life Insurance Co. bought the two-building property from local development firm Urban ...
Bisnow Omega Therapeutics has leased 89,000 square feet at the 405,000-sf One Charles Park life-sciences and office complex in Cambridge, Mass. The biotechnology company is moving into its space in December 2022. It will pay an initial rent of $115/sf ...
The complex, at 1 Charles Park in the Kendall Square neighborhood, is encumbered by a $491 million loan that Blackstone Mortgage Trust had provided earlier this year.
JPMorgan Chase Bank has provided $414 million of financing to help fund the $825.1 million purchase of the One Memorial Drive office building in Cambridge, Mass., by a venture of MetLife Investment Management and Norges Bank Investment Management.
Commercial Real Estate Direct Staff Report Healthpeak Properties Inc. has paid $180 million, or $787.43/sf, for the Cambridge Highlands Campus, a 228,592-square-foot life-sciences and office property in Cambridge, Mass. The Denver REIT, formerly known as HCP Inc., bought the four-building ...
A venture of MetLife Investment Management and Norges Bank Investment Management, which was formed in 2013 to buy class-A office properties throughout the United States, has paid $825.1 million, or a whopping $2,015/sf, for the One Memorial Drive office building in ...
Boston Business Journal KSL Capital Partners plans on renovating the 479-room Hyatt Regency hotel in Cambridge, Mass. The Denver company will upgrade the property's rooms as well as its 25,000 square feet of indoor and outdoor meeting and event spaces. ...
Boston Business Journal DivcoWest has broken ground on a 375,000-square-foot life-sciences building in Cambridge, Mass. The San Francisco investment manager expects to complete the project in early 2023. The 10-story property, at 441 Morgan Ave., will be part of the ...
Bldup Cambridge Savings Bank has provided $24 million of financing against the 67-room 907 Main hotel in Cambridge, Mass. A venture led by Hay Creek Hotels developed the property last year. It includes a rooftop restaurant and 2,000-square-foot ground-level patio. ...
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