News:
Spotlight Content
Posted: January 7, 2009
Equity Industrial Partners represents KBS in 54,703 s/f lease in Dedham
KBS Real Estate Investment Trust I has leased 54,703 s/f at 480 Sprague St., a Class A warehouse and distribution facility, to Macy's Retail Holdings, Inc., a wholly owned subsidiary of Macy's, Inc. The lease accounts for more than 23% of the 233,891 s/f building, which is a part of the KBS/Hackman Industrial portfolio, owned by a joint venture between KBS REIT I, Hackman Capital Partners and Calare Properties.
Macy's Retail Holdings will use the space to support the distribution of home furnishing products throughout New England. The lease brings 480 Sprague St. to full occupancy.
Robert Gibson of CB Richard Ellis-NE Partners LP represented Macy's in the negotiations, while Equity Industrial Partners Corp. represented KBS.
Tags:
Spotlight Content
MORE FROM Spotlight Content
Property Management & Operations Spotlight - Ellis Realty Advisors
1. What do you see as the most important qualities or strategies that define successful property management in today’s market? For us, it really comes down to whether the property is working for the owner goals, not just whether
 (1).gif)
Quick Hits
Columns and Thought Leadership
As legacy names recalibrate, new entrants are moving in with fresh capital, new technologies, and business models tailored to today’s supply-chain needs - by Michael Harrington
Southern New Hampshire’s industrial market has always punched above its weight. For decades, the region has attracted a mix of advanced manufacturing, beverage and food producers, logistics operators, and specialty
Shallow-bay wins on 495/128: A renewal-driven market with a thin pipeline - by Nate Nickerson
The Boston industrial market entered mid-2025 in a bifurcated state. Large-block vacancy remains elevated, while shallow-bay along the 495/128 corridor continues to prove resilient. Fieldstone’s focus on this geography positions us squarely in the middle of a renewal-driven, supply-constrained
How do we manage our businesses in a climate of uncertainty? - by David O'Sullivan
These are uncertain times for the home building industry. We have the threat of tariffs mixed with high interest rates and lenders nervous about the market. Every professional, whether builder, broker, or architect, asks themselves, how do we manage our business in today’s climate? We all strive not just to succeed, but
Limited supply fuels landlord‑friendly conditions in Rhode Island’s industrial market - by Julie Freshman and George Paskalis
As we enter the spring of 2026, the Rhode Island industrial real estate market stands on stable footing, following several years of resilience fueled by constrained supply, steady demand, and dynamic economic conditions.
