ANDOVER, MA-Advance Realty Group, a New Jersey-based real estate firm, acquires the Shattuck Office Center here. The firm recently received a $300-million infusion from Rothschild Realty Inc., with which it plans to invest in properties in the Boston area and in Washington DC
NORTHBOROUGH, MA-A real estate management group--RREEF--acquires the I-290 Industrial Park here. The six building research and development and industrial complex was sold for $30.5 million and consists of 578,000 sf of space.
BOSTON-The city was eerily quiet yesterday as people left office towers and high rises in droves in the wake of the terrorist attack on New York's World Trade Center and the Pentagon.
BRIDGEWATER, MA-A developer wants to build a Walgreen's pharmacy in the center of the town in a move opposed by the town's Historic District Commission and some local residents oppose. The site of the proposed store is very close to the town's central historical district.
WALTHAM, MA-Microsoft Corporation relocates its regional headquarters to Waltham Weston Corporate Center here. The computer giant will serve as the building's lead tenant, taking 52,000 sf of space when the building is completed in December.
STURBRIDGE, MA-Area residents are banding together to oppose the possibility of an American Indian casino being built here. The Nipmuc Indians have an option to purchase 300 acres that straddle this town and Union, CT but are waiting to receive federal recognition as a tribe.
BOSTON-City Councilor James Kelly meets with developer Frank McCourt to discuss his plans to develop his 25-acre parcel here in South Boston on the waterfront. Kelly is concerned that the area is in danger of being overdeveloped.
CAMBRIDGE, MA-Legg Mason Real Estate Services/Spectrum Financial arranges $25 million in permanent mortgage financing on behalf of Samuels Central Square LLC for 625 Massachusetts Ave., located here in the heart of Central Square, near MIT and Harvard University.
BOSTON-Clark & Elbing relocates its offices from 176 Federal St. downtown to 101 Federal Street. The local law firm's practice is growing and the down-the-block move provides the company with an additional 6,500 sf of space.
WAREHAM, MA-A.D. Makepeace's proposal to develop 6,000 acres here, in Plymouth and in Carver--one of this region's largest proposed developments--is going to face fiercer opposition from the Cranberry Country Coalition, a grass-roots group formed to scuttle the project.