2. What trends or challenges are you currently seeing within your portfolio and market(s), and how is your firm adapting to meet them? Like many operators in Boston, we see tenants placing major emphasis on experience, flexibility, and value.
Stratford, CT According to Vidal/Wettenstein, a portion of the office building at 999 Oronoque Ln. has been leased to Staged Alacrity. Staged Alacrity is the tri-state areas premier staging company, offering exclusive furniture and props ideal for homes, apartments, and other staging needs.
Boston, MA ARCO National Construction, an industry-leading design-build general contractor has established its New England Tenant Solutions division, expanding its ability to deliver comprehensive, turnkey design-build solutions for office tenant improvements and adaptive reuse projects throughout the region.
Boston, MA In a transaction arranged by CBRE, Living Proof has executed a 14,085 s/f lease for office and lab space at 12 Farnsworth St. in the city’s Seaport District.
Portland, ME Malone Commercial Brokers (MCB) has once again been recognized with two prestigious CoStar Impact Awards, honoring the most significant commercial real estate transactions in the Greater
Boston, MA Global real estate advisor Avison Young arranged two full floor leases at 300 Cambridge St., a 25,010 s/f office building with ground floor retail located in the city’s Beacon Hill submarket, bringing the building to 100% occupancy.
Bedford, MA One day after learning of a public auction for a long-vacant office and research center, Cummings Properties submitted the winning bid of $5.6 million, over several other significant bidders.
Wellesley, MA EagleBridge Capital has arranged permanent mortgage financing in the amount of $3.2 million for the historic Hathaway House, a multi-tenant office building which is located at 103 Central St. in downtown. The mortgage was arranged by EagleBridge principal Ted Sidel who stated that the financing was provided by a leading regional lender.
Glastonbury, CT CBRE has negotiated the $27.75 million sale of a two-building, 185,000 s/f Class A office complex at 180 and 200 Glastonbury Blvd. on behalf of the seller, SCT Glastonbury LLC. The office properties are part of Somerset Square in Glastonbury, a mixed-use development with offices, retail shops, restaurants, and hotels.