The Conrad Group has negotiated the sale of a five-building, 70,000 s/f industrial park located at 708 Washington St. Two of the five buildings are leased and three are currently empty. The buyer, an entity of Dynavac headquartered in HinghamWatertown, MA
According to Boylston Properties and Stonebridge Companies, the Hampton Inn & Suites by Hilton is scheduled to open at the end of December in Arsenal Yards. The hotel will be a welcomed addition to the limited hotel options that currently exist in the area, which is a growing destination for Boston/Cambridge leisure travel,Boston, MA
CBRE has arranged eight new office leases and one expansion for LifeStance Health, Inc., a national outpatient behavioral health company, across the Greater Boston area. CBRE’s Emmett Purcell and SVN | Parsons Commercial Group | Boston’s Milford, MA
Nuveen Global Cities REIT, Inc. (GCREIT or the REIT), has acquired One National, an industrial property for $52 million, excluding closing costs. The 300,000 s/f light industrial property is fully leased to a single e-commerce tenant,
When you see an inbound call from a familiar company or brand name, you’re more inclined to answer the call. If you’re a business owner, you know this is true, and so do your salespeople. Sales can be a brutal, uphill battle in this day and age. Why discourage your team by pushing them up a steep hill? Help them level the playing field by investing in your business and executing a targeted marketing plan.Watertown, MA
HDS Architecture and Elm Street Partners have completed a mixed-use self storage facility at 80 Elm St. Located adjacent to Arsenal St. corridor, Watertown Self-Storage provides 400 storage units and ground level commercial/R&D space in a four story 56,475 s/f facility. The new facility opened in June and Natick, MA
According to Surety Bond Professionals (SBP), one of the Northeast’s leading surety agencies, Bette Botticello has joined the company as senior vice president. Botticello joins SBP with over 25 years in the surety industry, most recently as the director of surety relations at Smith Brothers Insurance in Glastonbury, Conn. Before that she was a vice president at Lockton Companies.Boston, MA
JLL Capital Markets has arranged $44.03 million in financing for 20 Guest St., a 228,912 s/f creative office building located adjacent to the Boston Landing neighborhood. JLL worked on behalf of a partnership between Griffith Properties, LLC and Artemis Real Estate Partners to secure the five-year, floating-rate acquisition loan with MetLife Investment Management.Boston, MA
Suffolk, one of the most innovative and successful builders and real estate enterprises in the country, hired Mark Fulco as vice president of business development, Northeast healthcare, where he will be responsible for expanding Suffolk’s brand, strengthening relationships, evolving services and broadening resources for clients in the high-growth healthcare sector.
CRE has been haunted by claims that “the office is dead” since the onset of the COVID-19 crisis. Many tenants are grappling with how and when to reopen their offices while many building owners and operators are navigating the uncharted waters of how to best help tenants through this challenging time and maintain their own business continuity.