City: Cambridge

Boston Business Journal Alexandria Real Estate Equities is buying the 405,000-square-foot Charles Park office complex in Cambridge, Mass., for $815 million, or about $2,012/sf. The Pasadena, Calif., REIT is acquiring the property from a venture of Principal Global Investors and ...

Boston Business Journal Bristol-Myers Squibb Co. has signed a lease for an additional 113,000 square feet at a 473,000-sf life-sciences building that is currently under construction in Cambridge, Mass. The pharmaceutical company will fully occupy the property, at 250 Water ...

Commercial Observer A venture of Principal Global Investors and Davis Cos. has lined up $491 million of financing to convert a 405,000-square-foot office property in Cambridge, Mass., into a life-sciences complex. Blackstone Mortgage Trust provided the loan. The two-building property, ...

The investment manager bought the 153-room Capitol Hill Hotel in Washington, D.C., and Holiday Inn Express, with 112 rooms in Cambridge, Mass., from Hersha Hospitality for $83 million. It funded the purchase with a $44.8 million loan from Walton Street ...

Blackstone Group has agreed to pay $3.45 billion, or $1,500/sf, for 13 life-sciences properties with 2.3 million square feet in Cambridge, Mass., Baltimore and Philadelphia. The New York investment manager is buying the portfolio from Brookfield Asset Management Inc. The deal ...

Healthpeak Properties Inc. has acquired a 92.2 percent stake in the Cambridge Discovery Park life-sciences complex in Cambridge, Mass., in a deal that values the 607,600-square-foot property at $720 million, or $1,185/sf. The Irvine, Calif., REIT bought the stake from ...

Commercial Real Estate Direct Staff Report IQHQ Inc. has paid $54 million, or $605/sf, for the 89,309-square-foot office building at 1 Alewife Center in Cambridge, Mass. The Solano Beach, Calif., company bought the property from James Campbell Co. of Kapolei, ...

Xenia Hotels & Resorts Inc. has sold the 221-room Residence Inn in Cambridge, Mass., for $107.5 million, or $486,425/room. The Orlando, Fla., REIT had acquired the hotel in 2008 for $72.7 million, or $328,959/room. It noted that the most recent ...