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Real Estate Articles of Note
April 3 – April 7, 2017

The following represents articles of interest to the Boston real estate community that appeared in various publications during the week. Certain news links may require site registration or subscription to access the complete article.

 


At $40M, new Four Seasons condo sale would smash Boston price record
Boston Business Journal — April 06, 2017

The ultra-luxury Four Seasons Hotel and Private Residences at One Dalton has sold units ranging in price from $2.5 million up to $40 million, Carpenter & Co. CEO Richard Friedman said during an interview with Bloomberg.

 


A park beneath the highway? One is coming to the South End
Boston Globe — April 05, 2017

A dark and dreary no-man’s land beneath the Southeast Expressway will soon be remade into a new urban playground.

 


Reebok taps CBRE to sell 65-acre Canton, Massachusetts headquarters
Boston Business Journal — April 05, 2017

Reebok’s Canton campus spans 65 acres across four properties and includes indoor and outdoor basketball courts, outdoor tennis courts, a baseball diamond and a 400-meter Olympic outdoor running track.

 


Feds OK Green Line extension costs, securing project’s future
Boston Globe — April 04, 2017

The long-planned Green Line extension into Somerville and Medford cleared a crucial milestone on Tuesday with the approval of the new cost estimate for the $2.3 billion project that clears up uncertainty about when and if the project would move forward.

 


Aquarium softens opposition to Chiofaro waterfront tower
Boston Globe — April 04, 2017

The most influential critic of a skyscraper proposed for the Boston waterfront appears to be softening its opposition.

 


Staples Explores Sale After Failed Office Depot Deal
The Boston Globe - Print Edition — April 04, 2017

Staples is exploring a sale, less than a year after its effort to merge with rival retailer Office Depot failed on antitrust grounds. The one-time “category killer” office-supplies seller is in talks with a small number of possible private-equity bidders, according to people familiar with the matter.

 


Fenway site eyed for open space
Boston Herald — April 03, 2017

Samuels & Associates plans to start construction this summer on an approximately one-acre park that would replace a parking lot in front of its Landmark Center property in Boston’s Fenway that’s scheduled for expansion.The open space will include lawn areas, trees, walking paths, and a restaurant at Park Drive and Brookline Avenue.

 


Wheelock Street, Seyon Group Form $300M Industrial JV
GlobeSt.com — April 03, 2017

BOSTON—The Seyon Group formed in January by Bryan Blake Andrew Iglowski and John Meador all formerly of Calare Properties is pursuing real estate investment

 


Vecna aims new wave of robots for warehouses
The Boston Globe - Print Edition — April 02, 2017

The new robots range from large machines that can move entire pallets of merchandise to small “conveyor” robots that can carry individual items to human workers for packing and shipment.

 


Simmons College making ‘once-in-a-lifetime’ redevelopment play
Boston Business Journal — March 31, 2017

Simmons College, which has been located in Boston for nearly 120 years, is making a substantial redevelopment play for roughly half of its 12-acre campus.

 


Wicked Green: Boston, Massachusetts, takes lead role for LEED-certified properties
Boston Business Journal — March 31, 2017

Of the 15.4 million LEED-certified square feet in Greater Boston last year, six projects were certified platinum, while another 18 were certified gold. Nine projects were certified silver. LEED stands for Leadership in Energy and Environmental design and is a globally recognized green-building rating system.

 

 

 

Colliers In The News

 


Largest commercial property firms manage more than 223M sq. ft. in Bay State
Boston Business Journal — April 07, 2017

On last year’s BBJ list of the largest commercial property managers in Massachusetts, we noted how robust the industry was, with a collective portfolio of property under management that included some of the most desirable office, retail and industrial space in the state. That picture hasn’t changed dramatically in 2017.

 


Downtown Crossing Buildings Sold For $38.5M
Banker & Tradesman — April 06, 2017

...Colliers International Boston’s multifamily investment sales team led by Christopher Sower represented the seller. Colliers’ ...

 


citybizlist : Boston : Colliers Closes $9.29 Million in Acquisition Financing for a Two-Building Portfolio Sale in Marlborough and Billerica, MA
Boston Citybizlist - Commercial Real Estate — April 04, 2017

...Colliers International , Boston announced that it has recently arranged acquisition financing for a two-building portfolio ...

 


Colliers International leases 33,000 s/f for CuraHealth at 909 Sumner St.
New England Real Estate Journal — April 04, 2017

...Stoughton, MA Colliers International, Boston, the exclusive agent for CuraHealth Hospital at 909 Sumner St. completed a 26,000 s/f ...

 

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