CBRE’s more than 70,000 professionals provide exceptional outcomes for clients in 60+ countries by combining local market insight, broad services, specialized expertise and premier tools and resources.
Oct 08, 2019
South End Building Trades for $13.75 Million
The property at 46 Plympton Street in Boston's South End has been acquired by Transom Real Estate for $13.75 million.
The property at 46 Plympton Street features a Class B office building that was constructed in 1900. The 27,885 square foot property sits only a block away from the Exchange South End redevelopment site.
Oct 02, 2019
Interior Finishing Underway for 50 Staniford St. Expansion
Interior finishing is now underway for the renovations and expansion of the medical office building at 50 Staniford Street. The project includes 34,270 square feet of renovations as well as a 19,500 square foot addition. As part of the project a new plaza, and a renovation of the building’s lobby will be completed.
Sep 18, 2019
Gentle Giant Buys Charlestown Facility from DLJ for $10.05 Million
Days after the announcement that Gentle Giant had sold their headquarters in Somerville, MA to DLJ Real Estate Capital Partners, the moving company has purchased a new facility in Charlestown from DLJ for $10.05 million. 8 Bunker Hill Industrial Park is a 9,600 square foot building that sits on 1.17 acres of land.
Sep 17, 2019
Permit Pulled for $2.68M Lobby Renovation at 131 Dartmouth
Corderman & Company has pulled a permit for lobby renovations at 131 Dartmouth Street in Back Bay. The project value is estimated at $2.68M with work to include select demo, new architectural finishes and steel, and electrical upgrades. The Class A office building, originally built in 2003 features around 52,000 square feet of retail with over 318,000 square feet of office space.
Sep 16, 2019
Construction Nearly Complete for GE’s Renovation at Necco Court
Months after scrapping plans for a larger tower on the site, GE is wrapping up construction on renovations to the historic buildings on Necco Court. After deciding not to move forward with the new construction aspect of the project GE sold the site to Alexandria Real Estate and signed a 12-year lease for the warehouse buildings. The 100+-year-old brick and beam warehouses are currently being fully renovated and will include a bistro and modern office space for around 250 GE employees.
As part of the project the Necco Court bridge is being restored with half of the bridge’s facade being replaced with new metal, while the side facing the Fort Point Channel will be replaced with glass. Gensler is the architect on the project and Eversource provided energy efficiency solutions. Eversource is supporting a number of energy-efficient building elements in this project with incentive dollars, including energy-efficient lighting and lighting controls, high performing chillers, pumps, windows, walls and roof materials with high insulating values. Construction is expected to wrap up in the coming months.
Aug 26, 2019
Eventide Phase II Assisted Living Taking Shape at Union Point
Framing is nearly complete for Eventide Phase II at Union Point in Weymouth. The 4-story 162,000 square foot building will include a total of 107 units of assisted living. The first phase of the project, Fairing Way features a 104 residential unit senior living community with a clubhouse and a 46 bed, on-site, long term care nursing facility.
Aug 13, 2019
Barlows Building in Fort Point Sells for $18 Million
Akelius has acquired the property at 241 A Street in Boston's Fort Point neighborhood for $18 million.
The 26,400 square foot property is 100% leased to a mix of office tenants anchored by Barlow’s, a full-service bar and restaurant on the ground floor and lower level. The building was last sold in 2008 for $3.5 million.
Jun 24, 2019
Charlestown Industrial Property Sells for $10.05 Million
The property at 8 Bunker Hill Industrial Park has sold to DLJ Real Estate Capital Partners for $10.05 million.
The property features an industrial warehouse in Boston’s urban neighborhood of Charlestown. 8 Bunker Hill Industrial Park is a 9,600 square foot building that sits on 1.17 acres of land.
Jun 12, 2019
FPA Acquires Westborough Apartment Complex
FPA Multifamily has acquired the Fountainhead Apartments located at 297 Turnpike Road in Westborough, MA for $130 million.
Fountainhead Apartments is a 562-unit 100 percent market-rate apartment community spread throughout three eight-story buildings totaling 644,889 square feet. The buildings are located on a parcel of over 20-acres in Westborough, MA.
May 22, 2019
711 Atlantic Ave Sells for $68.5 Million
The property at 711 Atlantic Ave has been acquired by Asset Preservation, Inc. for $68.5 million.
711 Atlantic Avenue is a 99,200 square foot brick and beam building featuring high ceilings and abundant natural light, conveniently located across from the South Street Station, Boston’s major transit hub.
The property offers brick and beam office space featuring exposed ceilings with the convenience of new building systems and interiors. The building's elevators have recently been replaced, lobby and common areas upgraded, and former basement space recaptured and developed into leasable office space.
May 14, 2019
Work Continues on Slurry Walls for Winthrop Center
Construction continues on the slurry walls for the $1.3B Winthrop Center project in Downtown, Boston. The 53 story tower will include 500 condominium residences, with approximately 750,000 square feet of commercial office. The entire tower is designed to meet LEED Platinum standards with the office portion striving to become the world's largest Passive House office. Office tenants will also have access to a full floor of amenities including a fitness center, coffee bar, and game area. The most unique amenity, however, will be an electromagnetic-free zen room which will block cell phone service with a radiation-blocking grid built into the walls. Residential and office tenants will also have access to a proprietary app, ConnexIQ, which will allow them to access information on energy efficiency, request services, or order coffee.
Construction on Winthrop Center is expected to be complete in 2022.
May 09, 2019
Innovation Point Acquired for $252 Million
Alexandria Real Estate Equities has acquired the property at Innovation Point in Boston, MA for $252,000,100 from GE and MassDevelopment.
The parcel consists of two historic six-story brick Boston Wharf Company warehouse buildings at 5 and 6 Necco Street and a section of the existing Gillette parking lot. Designed by Gensler, GE's approximately 2.5-acre, 390,000 square foot campus will restore the existing warehouses. Approximately 1.5 acres of public space will be constructed at Innovation Point, including a Harborwalk extension. The campus will also include a coffee bar and waterfront restaurant space on the ground floor.
No new thoughts. Inquire about becoming a thought leader by clicking