Cambridge, MA MassDevelopment has issued a $2 million tax-exempt bond on behalf of the International School of Boston Inc. (ISB), a bilingual French-American school serving students in preschool through 12th grade located at 45 Matignon Rd. The school will use bond proceeds to upgrade and equip its campus, including making improvements to classroom and lab space, the
Foxborough, MA Thirty-two second-grade students at the Foxborough Regional Charter School recently received early Christmas gifts – brand-new bicycles and helmets, courtesy of building contractor Suffolk, which were presented during a ceremony in the school gymnasium.
Boston, MA Newmark Knight Frank (NKF) has completed the $455 million all cash sale of 121 Seaport in the Seaport District, to a joint venture between American Realty Advisors and Norges Bank Real Estate Management. On behalf of Skanska, vice chairman Edward Maher, executive managing director Matthew Pullen and managing director James Tribble of NKF’s Boston Capital Markets team oversaw the transaction of the newly-constructed, 17-story, 400,342 s/f office tower.
Year’s end, and what a year it was. Taking a breather over retail happenings is really not possible these days as the retail world is still eternally trying to find the “new norm.” Regardless of whether or not there is or will ever be a new norm, there is constant conversation, alarming headlines, attempts at analysis, and reams of data on retail.
Somerville, MA Bernard Gibbons of ABG Commercial Realty brokered the sale of 111-153 South St. for $13.5 million. The property was purchased by DLJ Real Estate Capital Partners from JJ Vacaro, Inc.
111-153 South St. is a 3.44 acre development site in the Boynton Yards area of the city, located south of Union Sq. and its new MBTA Green Line Extension Station.
Hudson, MA Tyler DeWolfe, senior vice president at Greater Boston Commercial Properties, Inc. represented the owner, 577 Main Street, LLC, in leasing 26,947 s/f to six different tenants at 577 Main St. These tenants include:
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Needham, MA The New England Real Estate Journal (NEREJ) held its second annual “Changing World of Commercial Real Estate” summit on December 6th at the Sheraton Needham Hotel, 100 Cabot St. The event also honored Harold Brown, chairman emeritus of The Hamilton Company, with an induction into the NEREJ’s Blue Jacket Club. He was also presented with a Lifetime Achievement Award.
Boston, MA Newmark Knight Frank (NKF) completed the $845 million sale of 53 State St. to a joint venture between Allianz Real Estate of America, Beacon Capital Partners and the Pension Reserves Investment Management Board (PRIM).
Warwick, RI Colliers International’s Capital Markets team arranged $16 million in financing for Briarwood Meadows, a 552-unit multifamily community. Spread across 36 acres, the 100% market rate community consists of 32 residential buildings, a fitness center, an indoor pool, an outdoor pool, tennis courts, a clubhouse and parking.
