Newmark Knight Frank (NKF) is one of the world's leading commercial real estate advisory firms. NKF is operated by Newmark Group, Inc. ("Newmark"). Newmark is listed on the NASDAQ Global Select Market under the symbol "NMRK".
Mar 25, 2020
Rights to 60 State Street Sold for $614.3 Million
Starwood Capital Group and an undisclosed partner have acquired the rights to 60 State Street in Boston's financial district for $614.3 million.
60 State Street is a modern skyscraper on historic State Street in Boston, MA. The building is strategically located at the highly coveted intersection of Congress and State Streets, directly adjacent to Faneuil Hall Marketplace. This Class A, 912,214 square foot office tower offers unimpeded views of Boston Harbor and features the State Room, which serves as a high-end function space and amenity to the building.
Mar 24, 2020
Norwell Property Sold for $27.5 Million
The property at 42 Longwater Drive in Norwell, MA has been acquired by CleanHarbors for $27.5 million.
Totaling 104,008 square feet, 42 Longwater Drive has served as Clean Harbors' headquarters facility since 2005. The asset is undergoing a comprehensive modernization highlighted by the recently completed renovation of its full-service café, the addition of a brand-new outdoor patio and ongoing upgrades to its office space.
Mar 15, 2020
Permit Pulled for Test Pits & Pile Load Tests at 109 Brookline Ave.
IQHQ acquired the property at 109 Brookline Avenue for $270 million just last month and now a permit has been pulled for test pits and pile load testing on the site. 109 Brookline Avenue currently features 285,000 square-feet of lab and office space.
IQHQ recently completed a $770 million capital raise to invest in life sciences projects in its core markets, including Boston. The Fenway offers a fast-growing lab/life science pipeline close to Longwood Medical with upcoming projects including 201 Park Drive and the second phase of the Fenway Center which just last week won approval for an NPC adjusting the building uses to office/lab space.
Mar 04, 2020
Newton Residents Vote YES on Northland's 22+ Acre Development
Newton residents voted in favor of the Northland Newton project Tuesday night, with 58% of voters supporting the mixed-use development. As approved by the city council in December 2019, the project will include 800 housing units (140 of which will be affordable), 180,000 square feet of office space and 115,000 square feet of commercial space. Plans also call for 10 acres of open space including 8 new parks plus a mobility hub that will offer free electric shuttle service to the Newton Highlands MBTA Station.
Feb 19, 2020
Fenway Property Acquired for $270 Million
Fenway Capital Advisors has acquired the building at 109 Brookline Ave in Boston's Fenway neighborhood for $270 million.
109 Brookline is presently 99 percent leased to Beth Israel Deaconess Medical Center, Dana-Farber Cancer Institute and Boston Children's Hospital - all of which operate flagship hospitals in the adjacent Longwood Medical and Academic Area (LMA) - as well as Toast, a fast-growing technology startup.
Feb 16, 2020
$2.9M Permit Pulled for Exterior Renovations at 500 Rutherford Ave
J.F. White Contracting has pulled a permit valued at $2.9M for exterior renovations at 500 Rutherford Avenue within the Hood Park. The work will include removal of current site furnishings reworking grades and installing new features including lighting, landscaping, sidewalks, and other hardscape designs.
Jan 25, 2020
100 Hood Park Drive Taking Shape
The new garage/retail space within the Hood Park Development in Charlestown is taking shape with exterior work nearly complete for the front half of the project. The building will offer parking for over 900 cars plus 50,000 square feet of lab and 24,000 square feet of retail space. The garage will also include a solar array on the rooftop and will be equipped with electric vehicle charging stations in 50 of the parking spaces.
Jan 04, 2020
$5M Reno Permit Pulled for Nelson Mullins Office at One Financial Center
Corderman & Company has pulled a permit valued at just over $5M for a three-phased renovation for the Nelson & Mullins office on the 35th & 36th floors of One Financial Center. Work will include selective demolition plus new drywall, flooring, and painting. The renovation also includes new MEP systems.
Dec 27, 2019
$2.53M Electrical Permit Pulled for Toast Office at 109 Brookline Ave.
An electrical permit has been pulled to install new power, lighting, and panels for the 1st & 2nd-floor office space for Toast at 109 Brookline Avenue. The permit is valued at $2.53M. A fire alarm install permit has also been issued for this office space.
Dec 03, 2019
Newton City Council Approves Northland's Mixed-Use Project
Last night the Newton City Council approved the 14 building mixed-use project Northland has planned for the 22+ acre site on Needham and Oak Streets. The project will include a total of 800 housing units (140 of which will be affordable), 180,000 square feet of office space and 115,000 square feet of commercial space. Plans also call for 10 acres of open space including 8 new parks plus a mobility hub that will offer free electric shuttle service to the Newton Highlands MBTA Station.
Dec 02, 2019
$9.8M Fit-Out Permit Pulled for 109 Brookline Ave.
A permit valued at $9.8M has been pulled for office fit-out at 109 Brookline Ave. in Fenway. The project will include new offices, a kitchen, bathrooms, conference rooms, and a small roof deck. The 3-story medical/office building was originally built in 1915.
Nov 08, 2019
$3.9M Permit Issued for Interior Renovations at 95 Berkeley St.
A permit valued at $3.9M has been pulled for interior renovations at 95 Berkeley Street. The project will transform all 6 floors of the building, around 91,750 square feet into Class A office space. A common stairway will also be added between the 5th and 6th floors of the building along with a fitness center. The building was acquired by CIM Group and Center Court Mass, LLC in 2016 for $43,000,000.
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