Locations in the media GlobeSt
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84 State St.
RREEF Sells One Winthrop Sq.
The building is considered a "jewel box," a coined term for "B buildings with an A cache'," Maher tells GlobeSt.com. The buildings are, essentially, class B structures that have been renovated and reside in class A locations. Maher points to only five "jewel boxes" in Boston, One Liberty Sq.; 45 Milk St.; 176 Federal St.; 84 State St.; and One Winthrop.
Published by GlobeSt on July 29, 2009.
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45 Milk St.
RREEF Sells One Winthrop Sq.
The building is considered a "jewel box," a coined term for "B buildings with an A cache'," Maher tells GlobeSt.com. The buildings are, essentially, class B structures that have been renovated and reside in class A locations. Maher points to only five "jewel boxes" in Boston, One Liberty Sq.; 45 Milk St.; 176 Federal St.; 84 State St.; and One Winthrop.
Published by GlobeSt on July 29, 2009.
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176 Federal St.
RREEF Sells One Winthrop Sq.
The building is considered a "jewel box," a coined term for "B buildings with an A cache'," Maher tells GlobeSt.com. The buildings are, essentially, class B structures that have been renovated and reside in class A locations. Maher points to only five "jewel boxes" in Boston, One Liberty Sq.; 45 Milk St.; 176 Federal St.; 84 State St.; and One Winthrop.
Published by GlobeSt on July 29, 2009.
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881-885 Massachusetts Ave.
Retail and MF Attract Refis
Closer to Boston in Cambridge, a two-building, seven-story multifamily property is grabbing $3 million in permanent financing from a "major Massachusetts-based financial institution," according to Casimir Groblewski, Fantini & Gorga managing director. Fantini & Gorga arranged the financing for 881-885 Massachusetts Ave. for the owner, an unnamed Boston-based realty trust. Terms for the loan were not disclosed and GlobeSt.com inquiries were not returned by deadline.
Published by GlobeSt on July 23, 2009.
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101 Merrimac St.
HN Gorin Secures $25M Refi
BOSTON-HN Gorin, the investment and management company, is securing a $25-million loan to refinance an existing loan for 101 Merrimac St. in the Bullfinch Triangle, here. The refi was placed with Unum Group by Holliday Fenoglio Fowler, L.P.
Published by GlobeSt on July 20, 2009.
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69 Milk St.
Christian Science Lands Leases for 80% Occupancy
The three-story building off Route 9 is a former textile mill weighing in at 49,000 square feet, total. The former mill—69 Milk St.--was built in 1902 and renovated in 2000. The price and length of the leases was not disclosed.
Published by GlobeSt on July 12, 2009.
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177 Huntington Ave.
Christian Science Lands Leases for 80% Occupancy
The First Church of Christ, Scientist secured five new leases for its 177 Huntington Ave.
Published by GlobeSt on July 12, 2009.
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Massachusetts Avenue and Boylston Street
Construction Hits the Books
Berklee College of Music is renovating two buildings at the Massachusetts Avenue and Boylston Street, putting in a Barnes & Noble and a build-out for classrooms and offices;
Published by GlobeSt on July 9, 2009.
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951 Boylston St.
Construction Hits the Books
Boston Architectural College is moving into Phase III renovations of 951 Boylston St. to restore the building to its original 1887 form.
Published by GlobeSt on July 9, 2009.
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321 Harrison Ave.
State Agencies Sign Up 138,000 SF
A two-acre city block on the South End's border is home to the 242,000-square-foot building, which is currently under some renovation, which will be completed by the agencies' move-in in December of 2009, which include a café and fitness center. The 11-story property was formerly known as 321 Harrison Ave.
Published by GlobeSt on July 6, 2009.
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1000 Washington St.
State Agencies Sign Up 138,000 SF
The Department of Consumer Affair, the Department of Telecommunications and Cable, the Division of Banks, the Division of Insurance and the Division of Professional Licensure all signed long-term leases at 1000 Washington St. here. The owner of the former Teradyne headquarters--Nordic Properties--was represented by Debra Gould, Timothy Bianchi and Matthew George of Cushman & Wakefield. The agencies will be on floors six through ten, sharing meeting spaces and IT facilities.
Published by GlobeSt on July 6, 2009.
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20 Tufts St.
$12M Snatches Up 90-Unit MF Portfolio
The portfolio, broken down, consists of six studio, 66 single-bed, 16 two bedrooms and two three bedroom apartments and 72 parking spaces. The portfolio is comprised of 285 & 287 Massachusetts Ave.; 20 Tufts St.; 10 & 14 Bates St.; and 9 Foster St. Christie, Dan McGee and Gina Barroso from NAI Hunneman brokered the deal.
Published by GlobeSt on July 2, 2009.
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287 Massachusetts Ave.
$12M Snatches Up 90-Unit MF Portfolio
The portfolio, broken down, consists of six studio, 66 single-bed, 16 two bedrooms and two three bedroom apartments and 72 parking spaces. The portfolio is comprised of 285 & 287 Massachusetts Ave.; 20 Tufts St.; 10 & 14 Bates St.; and 9 Foster St. Christie, Dan McGee and Gina Barroso from NAI Hunneman brokered the deal.
Published by GlobeSt on July 2, 2009.
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100 Federal St.
100 Federal Puts Sublease Space on Market
BOSTON-According to the Boston Business Journal, 100 Federal St. is bringing 134,000 square feet of sublease space to the Financial District here. The space will be between floors 20 through 22.
Published by GlobeSt on June 11, 2009.
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280 Friend St.
Holiday Inn Lands $14M Debt and Equity
The owner of the Holiday Inn Express Hotel & Suites at 280 Friend St. is securing $13.91 million of debt and equity to refinance an existing construction/renovation loan. The loan is built for five years with a 25 year amortization and interest rates of 4%.
Published by GlobeSt on June 1, 2009.
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200 State St.
300,000-SF Build-Out Completes
Eaton Vance is already moved in from its original headquarters and is in the process of bringing the rest of its local presence--currently at 200 State St.--into the newly renovated HQ.
Published by GlobeSt on May 24, 2009.
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31 Hemenway
Conservatory Closes Curtain on $22M Financing
The redevelopment is known as the Hemenway Project and expands the current theater, bordering the Fens under the shadow of the Mass Pike. The theater sits at 31 Hemenway, but will take advantage of an adjacent parking lot at 27 Hemenway and will deliver in 2010.
Published by GlobeSt on May 17, 2009.
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27 Hemenway
Conservatory Closes Curtain on $22M Financing
The redevelopment is known as the Hemenway Project and expands the current theater, bordering the Fens under the shadow of the Mass Pike. The theater sits at 31 Hemenway, but will take advantage of an adjacent parking lot at 27 Hemenway and will deliver in 2010.
Published by GlobeSt on May 17, 2009.
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280 Congress St.
Russia Wharf Shores Up $215M Financing
The 854,000-square-foot project at 280 Congress St. secured a loan that bears interest at a floating rate equal to LIBOR plus 3% per annum.
Published by GlobeSt on April 23, 2009.
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154-174 Massachusetts Ave.
154-174 Mass Ave. Sells to the Tune of $6M
The Berklee College of Music is purchasing 154-174 Massachusetts Ave. from the First Church of Christ, Scientist. The 13,300-square-foot building changed hands for $6.25 million.
Published by GlobeSt on April 20, 2009.
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281 Summer St.
Hancock Tower’s Price Cut in Half
Normandy, based in Morristown, NJ, already controls about $472 million of the tower’s loans, according to sources. The firm already has a portfolio of office buildings in the Boston area, including 99, 281 and 321 Summer St. The 60-story John Hancock Tower was acquired by Broadway Partners as part of a 10-asset transaction with Beacon Capital Partners.
Published by GlobeSt on March 31, 2009.
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99 Summer St.
Hancock Tower’s Price Cut in Half
Normandy, based in Morristown, NJ, already controls about $472 million of the tower’s loans, according to sources. The firm already has a portfolio of office buildings in the Boston area, including 99, 281 and 321 Summer St. The 60-story John Hancock Tower was acquired by Broadway Partners as part of a 10-asset transaction with Beacon Capital Partners.
Published by GlobeSt on March 31, 2009.
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321 Summer St.
Hancock Tower’s Price Cut in Half
Normandy, based in Morristown, NJ, already controls about $472 million of the tower’s loans, according to sources. The firm already has a portfolio of office buildings in the Boston area, including 99, 281 and 321 Summer St. The 60-story John Hancock Tower was acquired by Broadway Partners as part of a 10-asset transaction with Beacon Capital Partners.
Published by GlobeSt on March 31, 2009.
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185 Devonshire
Condo Owner Tries Office Gambit
Michael Rauseo--owner of 185 Devonshire--is offering the remaining condo units in the building as offices for small businesses, according to boston.com. He is offering the space with a discounted price and lower rent and waiving the rent for the remaining 2009 if they sign a lease. He purchased three-quarters of the building for about $5.1 million after owner Bayview Financial could only sell 25% of the condos.
Published by GlobeSt on March 19, 2009.
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53 State St.
53 State St. Nets 36,000-SF Lease
FactSet Research Systems Inc. is leasing 36,119 square feet from owner Brookfield Properties. The financial information and analysis company will move from their current location on 1 Federal St. to the sixth floor in 53 State St.
Published by GlobeSt on January 27, 2009.
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1 Federal St.
53 State St. Nets 36,000-SF Lease
FactSet Research Systems Inc. is leasing 36,119 square feet from owner Brookfield Properties. The financial information and analysis company will move from their current location on 1 Federal St. to the sixth floor in 53 State St.
Published by GlobeSt on January 27, 2009.
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88 Black Falcon Ave.
Industrial/Lab Market Alive and Well
Asmara, Inc. is renewing 19,863 square feet of showroom/warehouse--at 88 Black Falcon Ave.--from AMB Property Corp. in Randolph;
Published by GlobeSt on January 20, 2009.
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495 South
Industrial/Lab Market Alive and Well
According to Cushman & Wakefield, asking price for office on "a gross net of electric basis average" is $21.72 per square foot in the 128 South submarket, $19.65 per square foot for the 495 South submarket and $6.71 triple net for the South industrial.
Published by GlobeSt on January 20, 2009.
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Summer Street and Fort Point Channel
BRA OK's $393M in Projects
The BRA is also approving commercial buildings Summer Street and Fort Point Channel. To read the entire article, click here.
Published by GlobeSt on December 5, 2008.
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888 Boylston St.
BRA OK's $393M in Projects
The Boston Redevelopment Authority is approving 888 Boylston St.--a $193-million office tower and $129-million residential building, according to the Boston Business Journal
Published by GlobeSt on December 5, 2008.
