Government Agency Relocating D.C. Offices, Taking Less Space
April 25, 2024
400,000-SF Industrial Project Planned for Silver Spring, Md.
April 25, 2024
Trammell Crow Residential has started constructing the 180-unit Alexan Peabody apartment property in Peabody, Mass. The property, at 128 Newbury St., will have units with up to three bedrooms each. A total of 45 units will be set aside for ...
ConnectCRE Marcus Partners has sold a portfolio of six industrial buildings totaling nearly 1.19 million square feet in the Boston area for $167 million, or about $87.90/sf. The buyer was not disclosed. CBRE arranged the deal. Properties in the portfolio ...
An affiliate of Lincoln Property Co. has paid $43.2 million, or $264.92/sf, for 300 Jubilee, a 163,067-square-foot industrial property in Peabody, Mass. The Dallas developer purchased the property from Brookwood Financial Partners LLC of Beverly, Mass., which had acquired it ...
The property is fully leased to Cardinal Health Inc., which uses it as a distribution facility. It sits within the 2.5 million-sf Centennial Park mixed-use complex, off Interstate 95 and about 20 miles northeast of Boston.
Bank of America provided a $14.4 million mortgage against the building.
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© 2023 Commercial Real Estate Direct All rights reserved..