<rss version="2.0" xmlns:ynewsrss="http://news.yahoo.com/rss.html"><channel><title><![CDATA[Boston Commercial Real Estate News From CoStar Group]]></title><link><![CDATA[http://www.costar.com/]]></link><description><![CDATA[CoStar Group, Inc. is the leading provider of information services to commercial real estate property investors and sales professionals in the United States and United Kingdom. CoStar's suite of services offers access to the most comprehensive database of commercial real estate information and commercial property listings available in its markets.]]></description><language><![CDATA[en]]></language><category domain="Yahoo"><![CDATA[Business/Real_Estate_and_Housing]]></category><ttl>15</ttl><image><title><![CDATA[CoStar Group, Inc.]]></title><link><![CDATA[http://www.costar.com/]]></link><url><![CDATA[http://www.costar.com/SharedFiles/Common/images/logos/CoStarGroup112.gif]]></url></image><item><title><![CDATA[1.7 MSF Mixed-Use Project Proposed Near Boston's TD Garden]]></title><link><![CDATA[http://www.costar.com/News/Article/17-MSF-Mixed-Use-Project-Proposed-Near-Bostons-TD-Garden/148788?ref=/News/Article/17-MSF-Mixed-Use-Project-Proposed-Near-Bostons-TD-Garden/148788&src=rss]]></link><description><![CDATA[Boston Properties and Delaware North Cos. filed a letter of intent last week with the Boston Redevelopment Authority offering details on the pair's proposal for a new 1.7 million-square-foot mixed-use development on a 2.8-acre parcel on Causeway Street next to the TD Garden complex, the 19,600-seat arena that serves as the home of the Boston Bruins and Celtics in downtown Boston.

According to the filing, the massive mixed-use development would...]]></description><author><![CDATA[CoStar Research <news@costar.com>]]></author><pubDate><![CDATA[Wed, 22 May 2013 11:52:45 GMT]]></pubDate></item><item><title><![CDATA[Converge Renews 72,288SF at  Centinental Park in Peabody]]></title><link><![CDATA[http://www.costar.com/News/Article/Converge-Renews-72288SF-at-Centinental-Park-in-Peabody/148756?ref=/News/Article/Converge-Renews-72288SF-at-Centinental-Park-in-Peabody/148756&src=rss]]></link><description><![CDATA[Converge, a distributor of electronic components and subsidiary of Arrow Electronics, renewed its lease for 72,288 square feet at 4 Technology Drive in Peabody, MA.  The company has maintained its corporate headquarters in the Combined Properties' building since 2000.

The two-story <a href="http://www.showcase.com/Office-building" target="_blank">office building</a> totaling 84,300 square feet is located in Centennial Park and was constructed in 1994.   Greg Regazzini represented Combined Properties. Converge was...]]></description><author><![CDATA[Darvun Carter <news@costar.com>]]></author><pubDate><![CDATA[Wed, 22 May 2013 02:52:52 GMT]]></pubDate></item><item><title><![CDATA[CoStar's People of Note (May 12 - 18)]]></title><link><![CDATA[http://www.costar.com/News/Article/CoStars-People-of-Note-May-12-18/148651?ref=/News/Article/CoStars-People-of-Note-May-12-18/148651&src=rss]]></link><description><![CDATA[This week's People of Note includes the following markets: Detroit, Charlotte, Phoenix, New York, Charleston, South Florida, and San Diego.
 
DETROIT
Farbman Group Promotes Gutman, Kalil 
By Tim Heise

Farbman Group, a Southfield, MI-based, full-service real estate solutions company, has promoted CFO Andrew Gutman to president of the company. Gutman joined Farbman Group more than 18 years ago. He has worked in several areas of ]]></description><author><![CDATA[Justin Sumner <news@costar.com>]]></author><pubDate><![CDATA[Fri, 17 May 2013 09:02:42 GMT]]></pubDate></item><item><title><![CDATA[Phoenix Electronics Acquires Newburyport Flex Bldg]]></title><link><![CDATA[http://www.costar.com/News/Article/Phoenix-Electronics-Acquires-Newburyport-Flex-Bldg/148542?ref=/News/Article/Phoenix-Electronics-Acquires-Newburyport-Flex-Bldg/148542&src=rss]]></link><description><![CDATA[Phoenix Electronics, Inc. and Gerrish Realty Trust acquired the industrial flex building at 9 Malcolm Hoyt Dr. in Newburyport, MA from All-Bright Realty Co. for $3,639,000, or about $44 per square foot.  

The 82,450-square-foot building was constructed in 1982 on 24 acres in the Amesbury/Ipswich Industrial submarket of Essex County, part of the Lord Timothy Dexter Park. It was occupied by L-3 Communications Henschel at the time of sale, though...]]></description><author><![CDATA[Jeannie Reamer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 16 May 2013 05:45:42 GMT]]></pubDate></item><item><title><![CDATA[DDR Buying 30 Shopping Centers from Blackstone JV]]></title><link><![CDATA[http://www.costar.com/News/Article/DDR-Buying-30-Shopping-Centers-from-Blackstone-JV/148602?ref=/News/Article/DDR-Buying-30-Shopping-Centers-from-Blackstone-JV/148602&src=rss]]></link><description><![CDATA[Blackstone Group LP will sell its interest in a portfolio of power centers across the country to joint-venture partner DDR Corp. (NYSE: DDR) for $1.46 billion.

Beachwood, OH-based DDR and Blackstone acquired the large-format power centers totaling 11.8 million square feet through a joint venture deal that closed nearly a year ago. The latest acquisition, expected to close in the fourth quarter, will generate significant cash flow for DDR in top...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 15 May 2013 11:24:05 GMT]]></pubDate></item><item><title><![CDATA[QuickBase Leaving Waltham, Joining Other Intuit Units in Alewife Office Building]]></title><link><![CDATA[http://www.costar.com/News/Article/QuickBase-Leaving-Waltham-Joining-Other-Intuit-Units-in-Alewife-Office-Building/148599?ref=/News/Article/QuickBase-Leaving-Waltham-Joining-Other-Intuit-Units-in-Alewife-Office-Building/148599&src=rss]]></link><description><![CDATA[Intuit Inc. (Nasdaq: INTU) is bringing together a number of its business units in an expanded office at 150 CambridgePark Drive, a 10-story, 270,785-square-foot <a href="http://www.showcase.com/Office-building" target="_blank">office building</a> owned by Blackstone's real estate affiliate, Equity Office, in the Alewife section of Cambridge. 

As part of the 60,884 square foot expansion, QuickBase will relocate from Waltham to Cambridge in the fall of this year. Local Intuit employees from the Intuit Payments Solution...]]></description><author><![CDATA[CoStar Research <news@costar.com>]]></author><pubDate><![CDATA[Wed, 15 May 2013 10:51:59 GMT]]></pubDate></item><item><title><![CDATA[Arsenal on the Charles Trades for $168.5 Million]]></title><link><![CDATA[http://www.costar.com/News/Article/Arsenal-on-the-Charles-Trades-for-$1685-Million/148566?ref=/News/Article/Arsenal-on-the-Charles-Trades-for-$1685-Million/148566&src=rss]]></link><description><![CDATA[Local tech firm athenahealth,Inc. recently bought the 11-building Arsenal on the Charles for $168.5 million in Boston’s largest owner/user sale to close to date in 2013. The sale closed May 10, 2013. 

athenahealth, which currently occupies approximately 250,000 square feet of the 760,000-square-foot complex, purchased the 29-acre corporate campus on the Charles River in Watertown, MA, from its previous landlord, Harvard University.

Other notable...]]></description><author><![CDATA[Jonathan Gross <news@costar.com>]]></author><pubDate><![CDATA[Wed, 15 May 2013 01:36:45 GMT]]></pubDate></item><item><title><![CDATA[Hamilton Co. Acquires Douglass Park Apts.]]></title><link><![CDATA[http://www.costar.com/News/Article/Hamilton-Co-Acquires-Douglass-Park-Apts/148509?ref=/News/Article/Hamilton-Co-Acquires-Douglass-Park-Apts/148509&src=rss]]></link><description><![CDATA[Commonwealth Capital Corp. sold the 122-unit Douglass Park Apartments at 650 Columbus Ave. in Boston to The Hamilton Company for $52 million, or about $426,000 per unit. The sale reportedly included 131 heated, underground parking spaces, but did not include the 33 individually owned condos in the building.

The seven-story, 53,337-square-foot multifamily building was constructed in 1989 on 2.2 acres in the Roxbury/Dorchester submarket of Suffolk...]]></description><author><![CDATA[Brandon L. Williams <news@costar.com>]]></author><pubDate><![CDATA[Tue, 14 May 2013 08:09:37 GMT]]></pubDate></item><item><title><![CDATA[Woodgreen Management Sells Spencer Shopper’s Village	]]></title><link><![CDATA[http://www.costar.com/News/Article/Woodgreen-Management-Sells-Spencer-Shoppers-Village	/148528?ref=/News/Article/Woodgreen-Management-Sells-Spencer-Shoppers-Village	/148528&src=rss]]></link><description><![CDATA[A private investor last month acquired the 53,103-square-foot Spencer Shopper’s Village  in Spencer, MA, from Woodgreen Management for $6.5 million, or about $122 per square foot.

The retail center at 133 Main Street in Worcester County was fully leased at the time of sale including anchor Price Chopper and junior anchor CVS, according to CoStar information.

Joseph French and Schuyler Boylan of Marcus & Millichap represented the seller and procured...]]></description><author><![CDATA[Fran Koerner <news@costar.com>]]></author><pubDate><![CDATA[Tue, 14 May 2013 02:10:30 GMT]]></pubDate></item><item><title><![CDATA[Vantage Reports Leasing Activity at Town Square in Sudbury]]></title><link><![CDATA[http://www.costar.com/News/Article/Vantage-Reports-Leasing-Activity-at-Town-Square-in-Sudbury/148526?ref=/News/Article/Vantage-Reports-Leasing-Activity-at-Town-Square-in-Sudbury/148526&src=rss]]></link><description><![CDATA[Vantage Investments reports it has signed five tenants taking a total of 18,000 square feet of retail and <a href="http://www.showcase.com/Office-Space-for-Lease" target="_blank">office space</a> totaling 18,000 square feet in Sudbury Town Square, which it acquired at the end of December 2011. 

The three-story retail and office property at 29 Hudson Rd, in Sudbury MA, was renovated in September 2012.  Marci Alvarado and Jake Parsons of Parsons Commercial represented landlord Vantage Investments in the leases.]]></description><author><![CDATA[Darrell Lea <news@costar.com>]]></author><pubDate><![CDATA[Tue, 14 May 2013 01:35:19 GMT]]></pubDate></item><item><title><![CDATA[CoStar's People of Note (May 5 - 11)]]></title><link><![CDATA[http://www.costar.com/News/Article/CoStars-People-of-Note-May-5-11/148478?ref=/News/Article/CoStars-People-of-Note-May-5-11/148478&src=rss]]></link><description><![CDATA[This week's People of Note includes the following markets: Los Angeles, Minneapolis, Washington DC, New Jersey, Chicago, New York, and Indianapolis.
 
LOS ANGELES
Diaz Returns to Cushman & Wakefield 
By Allison Smith

Lalo Diaz has returned to Cushman & Wakefield, Inc. as a market leader for the Downtown Los Angeles market. In his new role Diaz will be responsible for overseeing day-to-day activities, recruitment goals, an]]></description><author><![CDATA[Justin Sumner <news@costar.com>]]></author><pubDate><![CDATA[Fri, 10 May 2013 08:11:27 GMT]]></pubDate></item></channel></rss>