News: Owners Developers & Managers

DTZ FHO Partners receives Office Deal of the Year Award from CBA

DTZ FHO Partners, a leader in real estate advisory services with extensive experience in Greater Boston, has received the 2008 Suburban Office Deal of the Year Achievement Award from the Commercial Brokers Association of Massachusetts (CBA). Joseph Fallon, Brian Hines and Ted Lyon from DTZ FHO Partners were recognized for negotiating a 356,367 s/f, build-to-suit 15-year lease on behalf of Biogen Idec for its new corporate headquarters. "The DTZ FHO Partners team is proud to accept this prestigious award from the CBA," said Fallon, managing partner at DTZ FHO Partners. The CBA, a 350-member organization and division of the Greater Boston Real Estate Board, provides education and networking programs for the Greater Boston commercial brokerage industry and hosts an awards banquet every spring to recognize industry leaders. The recipients of these prestigious awards are selected by the CBA membership for outstanding achievement in suburban office, downtown office, industrial and life sciences leases and investment sales deals. This year's suburban office award for Biogen Idec is DTZ FHO Partners' 8th award since 2005. The Corporate Center at Weston is conveniently located at the intersection of Rte. 128 and Rte. 20. The site provides ideal access to Biogen Idec's other locations in Cambridge and Wellesley and is in close proximity to affordable housing options in the region. The Corporate Center at Weston is currently being developed by Boston Properties, who represented themselves in the deal.
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Barnat Development begins work on Phase II of Holmes Beverly - construction led by NEI General Contracting

Beverly, MA Barnat Development has begun construction on Holmes Beverly Phase II, adding 52 apartment homes adjacent to the existing development near the Beverly Depot MBTA commuter rail station. The project is financed through the newly launched Holmes Opportunity Zone Fund, focused on investing in new multifamily construction projects across New England. $10 million of Holmes OZ Fund equity is paired with $21 million in long-term
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Columns and Thought Leadership
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

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