News:
Owners Developers & Managers
Posted: November 16, 2018
HFF completes $15m sale and $9m financing for a 92,700 s/f data center
Andover, MA Holliday Fenoglio Fowler, L.P. (HFF) completed the $15 million sale and $9 million financing of 15 Shattuck Rd., a 92,700 s/f data center located in one of Boston’s primary technology- and healthcare-oriented suburbs. At the time of sale, the asset was 100% leased to Tierpoint, a leading national provider of information technology and data center services, including colocation, cloud computing, disaster recovery and managed IT services.
The HFF team arranged the sale of the property on behalf of Carter Validus Mission Critical REIT I and procured the buyer, Menlo Equities. Additionally, HFF arranged the financing through Berkshire Bank.
The HFF investment advisory team representing the seller included Coleman Benedict, Ben Sayles and Kerry Hawkins.
HFF’s Jennifer Keller represented Menlo Equities in the arrangement of acquisition financing. The Berkshire Bank team included Doug MacLean and Christine Flaherty.
MORE FROM Owners Developers & Managers
The Westin Portland Harborview to host exclusive VIP pop-up with The Woods Maine July 24–26
Portland, ME The Westin Portland Harborview will introduce an exclusive, limited-time pop-up shop with The Woods Maine, taking place July 24–26 in the city’s Arts District. This elevated retail experience brings The Woods Maine, the acclaimed Maine lifestyle brand behind the popular retail shop in Norway, Maine, directly to hotel guests and the local community.
 (1).png)
Columns and Thought Leadership
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch
On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala
Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers: Retail??? - by Carol Todreas
It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
 (1).png)