New England Real Estate Journal

June

December 24, 2008 - Spotlight Content
Colony Realty Partners acquires 4 office buildings, 395,000 s/f, in Framingham for $80.9 million; Eastdil Secured brokers transaction Berkeley Investments secures $56m construction/historic financing for 160,000 s/f Waltham Watch factory rehabilitation John Corcoran & Co. and Brennan Group break ground on $61 million 139 apartments, and ground floor retail with parking in South Boston Jones Lang LaSalle receives 2 TOBY awards for 250 Mass. Ave. and 100/200 Technology Sq., Cambridge, from Boston BOMA Cushman & Wakefield sells Casco Bay, Portland, portfolio, 309 units, to Resource Real Estate, Philadelphia, for $35.05 million Wason Assoc., handles $3.25m sale of Comfort Inn, Merrimack, N.H., to Narayan Hotel; 68 room former Comfort Inn French of Sperry Van Ness completes $19.165m sale of 147,258 s/f School Street Square, for Woodgreen East Hartford Exit Realty's Resnick negotiates $2.8m sale for Sorella Sisters; 23 apartments bought by Fiorillo Family Trust Brown of Campanelli Cos. reps. two tenants in 40,000 s/f new lease and 102,000 s/f renewal at AMB Campanelli Industrial Park Leff of Wells Fargo provides $25 million construction loan for 115,700 s/f offices, Rivers Edge, in Medford, Mass. Cronheim Mortgage arranges $11.975m for three office and mixed-use properties in E. Lyme, Norwalk, Westport, Conn. Synergy buys 52,945 s/f 100 North Washington St., Boston, offices from A.W. Perry for $11.7 million Kelly of Arbor Commercial Funding originates $6.13 million loan for 61 units in Foxboro; Hunneman brokers $7.2 million sale Symmes Maini & McKee and Dimeo building 13-story green headquarters for BCBS of R.I.; 327,000 s/f in Providence Colliers Meredith & Grew brokers 148,116 s/f portfolio sale to M.I.T. for $90.5m; Campoli, Flaherty, Hynes, Herz rep owner Holliday Fenoglio Fowler handles $38.m sale of 667,000 s/f in Auburn, Mass. for Liberty Properties to Rabina Properties Ranieri of NorthMarq Capital arranges loans of $5m to Robert Treat Assoc. and $2.1 million to Scott Gardens and P.R. Scott in Conn. McCormick and Mulready of CBRE negotiate 30,544 s/f $4.15m sale of medical offices in E. Hartford for HMO Realty to ABC R.E. Advantage Const. completes $4.6 million 36,000 s/f Herb Chambers Audi/Porsche dealership in Burlington; Regent Assoc. architect Pro Con completing 150,000 s/f Brightview community in Danvers; JSA Architects design $20 million 160 unit project Architectural Resources Cambridge designs 95,000 s/f Tufts University dental medicine addition; Shawmut Design & Construction is CM Witten and Nolletti of Marcus and Millichap handle $21.15 million sale of 231,072 s/f 240 unit apts. in New Haven for East Haven R.E. Jones Lang LaSalle acquires Staubach Holdings in $613m deal; Staubach Retail, Cypress Equities not included Herlihy, Bradbury, Cinnamond, Joyce of RBJ broker $14.25m sale; Aegean Capital acquires 53,790 s/f 285 Summer St., Boston Coastal Ptrs. sells BJ's Wholesale and Walgreens properties in Haverhill and Hooksett, N.H. for $25.5 million with Net Lease Capital Linear Retail to acquire Walgreens Plaza, Stoughton, and Dedham site, 31,442 s/f, for $12.6 million; KeyPoint Ptrs. to manage KGI Properties & SK Properties join to develop $200m 750,000 s/f Gateway Commons in East Lyme, Conn.; Arrowstreet architect Pro Con completes 84,000 s/f facility at Pease International Airport for Alpha Flying; architect and construction manager