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Charlotte-Based Investor Buys Davis Square in Somerville for $39 Million
Charlotte, North Carolina-based investment firm Asana Partners purchased Davis Square, a 46,276-square-foot mixed-use development in Boston suburb Somerville for $39 million, or about $843 per square foot. Asana Partners acquired the property from...

With Sales Booming, Small-Town Apartment Brokers Benefit
The 331-unit Elliston 23 in Nashville.Brett Kingman is too busy to talk about how busy he is. That's because he's an apartment real estate broker in a smaller city, where investors are flocking these days in search for more upside than major markets like...

KS Partners Buys Boston Road Corporate Center in Marlborough
Investment firm KS Partners LLC purchased the six-story Boston Post Road Corporate Center in Boston suburb Marlborough for $16.4 million, or about $85 per square foot. The Woburn, Massachusetts based company acquired the office building, located at...

Takeda Exit Creates High-Profile Vacancy in Chicago’s ‘Pharma World’
Takeda Pharmaceuticals announced plans to relocate its U.S. headquarters from Deerfield, Illinois, to the Boston area.Takeda Pharmaceuticals, which has been trimming its Chicago-area headquarters for a few years, will make the final cut in the coming...

While Rent Growth Slips, Boston Properties Keeps Its Rent Gains Strong
Boston Properties seems be doing something right in its namesake market. The landlord’s Boston office portfolio continues to grow its in-service rents at an average of nearly 3 percent year-over-year. While this is down from the nearly 5.5 perecent growth...

Carlyle Group Raises $5.5 Billion for Eighth U.S. Real Estate Fund, Exceeding Target
The Carlyle Group purchased the 144-unit Brookside Apartments in Boulder, Colorado, earlier this year for $51 million. Global alternative asset manager Carlyle Group's eighth U.S. real estate fund, focused on opportunistic targeted investments across...

Former Mack-Cali Chief Rudin Named President of Savills Studley
Mitchell E. Rudin, a veteran New York real estate executive who previously held senior positions at CBRE, Brookfield and Mack-Cali Realty Corp., will join Savills Studley as its next president, succeeding Michael Colacino who is stepping down at the end...

Owners of Boston Site Pitched for Amazon's HQ2 Have 'Plan B' in Place
Thomas N. O'Brien is a founding partner and managing director for HYM Investment Group in Boston. His firm's Suffolk Downs site is considered a leading contender for landing Amazon's second headquarters; Photo credit: HYM Investment Group. Tom O’Brien...

Boston Doesn’t Have Enough Room to Store its Stuff
An Extra Space Storage facility located at 490 Eastern Ave. in Malden, Massachusetts. Boston has a self-storage shortage. And not enough self-storage, of course, is only important when it’s you that can’t find a place to store the stuff. But there are...

CBRE Group Buys New England Joint-Venture Partner
CBRE/New England's headquarters offices at 33 Arch St. in Boston. CBRE Group Inc. bought its longstanding joint venture partner in New England, CB Richard Ellis-N.E. Partners LP, as the world's largest commercial real estate services firm increases...

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