Atlantic Management Corp. has lined up a total of $96.5 million of mortgage financing against a pair of industrial properties in the Boston suburb of Westborough, Mass. The Framingham, Mass., investment manager, working through Newmark, placed a $70.5 million loan, ...
Boston Business Journal BJ's Wholesale Club plans on moving its Boston-area corporate headquarters to Marlborough, Mass. The big-box retailer is leasing 168,581 square feet at 350 Campus Drive and 19,244 sf at 100 Campus Drive. Its current corporate campus is ...
FPA has renamed the property Arrive Westborough.
The property was renamed Ellington Metro West.
90 percent occupied.
The subsidiary of Waterton Associates of Chicago used a $21.7 million loan from Customers Bank to help fund the purchase of the hotel.
91.2 percent occupied. DSF funded the purchase with a $40 million Fannie Mae loan that was written by Walker & Dunlop. The seven-year mortgage pays a coupon of 3.39 percent and requires only interest payments for its full term.