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Atlanta Investor Acquires Large Portfolio from Piedmont Office Realty Trust
Pictured: Piedmont Pointe I in Bethesda, MD.An Atlanta-based subsidiary of Utah's Bridge Investment Group is making a major statement with the acquisition of more than a dozen office properties in eight markets across the United States. Bridge Office...

Cengage Takes 117,000 SF at Boston's Pier 4 Development
Cengage, the largest U.S.-based provider of teaching and learning materials for higher education, signed a lease to relocate its headquarters this fall to Tishman Speyer's Pier 4 development in Boston's Seaport. The global education and tech company...

The Boston Globe Completes HQ Sale in Dorchester
The Boston Globe has sold its former headquarters at 135 William T. Morrissey Blvd. in Dorchester, MA to a local venture that plans to reposition the aging flex facility as a self-described urban innovation campus. Burlington-based developer Nordblom...

NKF Boston Recruits Industrial Team from JLL
Newmark Knight Frank has recruited Rick Schuhwerk, Ed Jarosz, Anthony Coskren and Brian Pinch from JLL to form a new industrial team in the firm's Boston office. The foursome will work to grow the company's industrial leasing and capital markets practice...

Paradigm Sells 93 Summer St to Bentall Kennedy for $19M
Paradigm Properties acquired 93 Summer St. in Boston in 2015 for $5 million and recently sold it to Bentall Kennedy for $19 million. The five-story building totals 25,000 square feet and is located steps from South Station. It features 5,000-square...

Asana Partners Pays $108 Million for Brattle Court
Asana Partners, a real estate investment company headquartered in Charlotte, NC, has acquired Brattle Court in Cambridge, MA for $108 million, or approximately $1,745 per square foot. Brattle Court is a 61,858-square-foot mixed-use portfolio comprised...

IDI Distributors Relocating to Foxboro
IDI Distributors will relocate to a brand new facility in Foxboro, MA after reaching a deal with Hercules Realty for 45 Panas Rd., a 53,700-square-foot, single-story complex located off Route 1 within Panas Park. Currently located at 1245 Providence...

CoStar Market Insights: Multifamily Deliveries in Providence to Peak in '18
The multifamily supply wave cresting over many U.S. markets arrived late to Providence, but developers are building apartments at a rate not seen in decades. New units could top the 1,000 mark when 2018 is over, blowing past any single-year total in either...

Boston's Historic Fairmont Copley Plaza Trades in $170 Million Deal
The owner of Faneuil Hall Marketplace and South Station added another iconic Boston asset to its holdings following news New York City-based Ashkenazy Acquisition Corp. acquired the Fairmont Copley Plaza from RLJ Lodging Trust (NYSE: RLJ) for $170 million...

Harvard Management Co. Spinning Out Real Estate Investment to Bain Capital
Bain Capital, a Boston-based multi-asset alternative investment firms, has formed Bain Capital Real Estate that will be comprised of the professionals currently managing Harvard Management Co.'s (HMC) real estate investments. Harvard Management, which...

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