Atrium Medical Pays $3.3M for Hudson Industrial
Atrium Medical Corp. acquired 29 Flagstone Drive in Hudson, NH, from Parker-Hannifin Corp. for $3.3 million or $75 per square foot. Located in the Hillsborough submarket, the one-story, 44,000-square-foot Class C building was built in 1979. Atrium...
C.R. Sparks Restaurant in Bedford Sells for $5M
Group 1 Automotive Inc. acquired 18 Kilton Road in Bedford, NH, from Charles Rolecek for $5 million, or about $158 per square foot. The single-story, 31,634-square-foot retail building, in the Hillsborough submarket, will continue to be the home of...
Group Buys Somerville Industrial for $2.85M
Park Street Housing Associates LLC purchased 44 Park St. in Somerville, MA, from Maldemer LLC for $2.85 million, or about $250.50 per square foot. The Class C, 11,373-square-foot industrial building was built in 1965 and is on .99 acres. The 44 Park...
Tewksbury Residence Inn Sells for $9.2M
Multiple investors acquired The Residence Inn Boston in Tewksbury, MA, from a private owner for $9.2 million or $70,769 per room. The three-story, 12,433-square-foot, 130-suite hotel building was built in 1989 in the Lowell/Chelmsford submarket....
CoStar's Daily Deals of Note for Thursday
SOUTH FLORIDA AEW Buys 355 Alhambra From JPMorgan by Derrick Bogger AEW Capital Management of Boston has acquired the 223,000-square-foot office tower at 355 Alhambra Circle in Coral Gables, FL, from JPMorgan Investment Management, CoStar News has...
Closures & Layoffs (Aug. 3-9): Six Months of Shrinking Employment
In this week's issue: Payroll employment falls again. PolyOne closing six plants. As goes print advertising so goes jobs. Plus we report on company closures and layoffs in: California, Florida, Illinois, Kansas, Massachusetts, New Jersey, New York...
Watch List (Aug. 3-9): Unrealized and Unfulfilled Ambitions, There is a Difference
In this week’s issue: KKR reveals real estate ambitions. Three REITS form debt investment JV. A Brookfield fund folds. A Carl Icahn homebuilder files Ch. 11. And more homebuilders are on the ropes. Plus, we give you the latest properties on the...
Under Contract (Aug. 3-9): CBRE Realty Eyes NoVA
In this week’s issue: CBRE Realty Trust makes play for Chantilly, VA, offices. Plus we give you the latest properties Under Contract in: Valencia, CA; Brookfield, CT; Margate and Cortez, FL; Cedar Rapids, IA; Channahon, IL; Brighton, MI; Raleigh, NC...
Property Finance (Aug. 3-9): Money Riding on KPMG Renewal
In this week's issue: Permanent financing hinges on KPMG re-upping. Plus we give you new property finance deals and a valuable leads list of loans maturing in the next 12 months. Permanent Financing Hinges on KPMG Lease Renewal FSP 303 East Wacker...
Expansions & Relocations (Aug. 3-9): Duke, CBRE Rack 'em Up in Ohio, Penn
In this week's issue: CBRE puts together a string big deals in Pittsburgh. Duke Realty doing the same in Cincinnati. Rolls Royce rolls into Prince George, VA. Porsche motorin' into Lehigh Valley, PA. Green Mountain Coffee chooses Tennessee valley...