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Real Estate Articles of Note
March 19 – March 23, 2018

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.

 


Amazon Has Considered Buying Some Toys ‘R’ Us Stores
Bloomberg — March 19, 2018
Amazon.com Inc. has looked at the possibility of expanding its retail footprint by acquiring some locations from bankrupt Toys “R” Us Inc., according to people with knowledge of the situation. Such a move would let Amazon quickly expand its brick-and-mortar presence, coming on the heels of buying Whole Foods Market Inc. and its more than 450 locations last year.

 


Allston Developments Cluster Near New Train Station
Banker & Tradesman — March 19, 2018
The new commuter rail station at Boston Landing in Allston has established the neighborhood as prime territory for multifamily developments.

 


Kentucky Hotel Firm Acquires Boston Marriott Quincy
Banker & Tradesman — March 20, 2018
Columbus Sussex Corp. has acquired the 466-key Boston Quincy Marriott from Sunstone Capital.

 


City Realty Completes Somerville Mixed-Use TOD Project
Boston Real Estate Times — March 20, 2018
City Realty has completed construction for Broadway Residences, a transit-oriented development that will provide 18 units of rental housing along with ground floor retail space.

 


250-Room Hotel Tower Pitched For Leather District
Bisnow - Boston — March 22, 2018
A developer is pitching a 20-story hotel in the Leather District near a property where leaders tried, and failed, to sell state land to developers.

 


Burgess Properties and The Stevens Group Lease Former Malden Ryan Amusements Building To Mystic Brewery
Boston Real Estate Times — March 22, 2018
Burgess Properties announced that it has brokered a lease for Mystic Brewery’s new location at 11 Charles Street in Malden, MA.

 


Aiming to add housing, mayor seeks developers’ ideas for 80-plus city buildings
The Boston Globe — March 22, 2018
The Walsh administration is asking for ideas to redevelop more than 80 city-owned buildings, with the goal of adding housing while sprucing up the public facilities inside.

 

 

 

 

 

Colliers In The News

 


Ferris to Sell MWest CRE Via Colliers; 580,000 SF Could Bring $70M
The Real Reporter — March 21, 2018
Four first-class office buildings purchased since 2012 by Ferris Development Group are being put up for sale through Colliers International, a 575,000-sf portfolio expected to fetch upwards of $70 million by some accounts.

 


Commercial Brokers Association Announces 2017 Achievement Awards Winners
Boston Real Estate Times — March 22, 2018
At the 2017 CBA Achievement Awards, Colliers International was recognized with the Industrial Deal of the Year in the lease-up and expansion of 66 Saratoga Boulevard. Greg Klemmer and Tim Brodigan of Colliers' North Suburban team represented tenant Quiet Logistics in the transaction.

 

 

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