Boston

Eugene Lee, Knotel's chief investment officer and global head of real estate, says the firm is seeing strong customer demand in Boston expects the firm to have "many more buildings (in Boston) in 2020."

The property prior to the sale, entered into a 10-year, 340-bed master lease with Columbia College in August. Greystar reports that the remaining 48 beds are fully leased for the 2019/2020 academic year.

The 7.2 MW-rated solar installation at Iron Mountain's data center in Edison (NJE-1) is forecast to generate more than 9 Million KWhrs per year, which is enough electricity to power more than 1,000 homes for a year.

The 899,755-square-foot portfolio combines with Marcus Partners' existing 1.1-million square feet of industrial product in Greater Boston to create a total industrial portfolio of 2 million square feet comprised of eight buildings.

Originally completed in 1908, 100 Franklin St. formerly served as home to the Boston Safe Deposit and Trust Co. and the Boston Stock Exchange.

Gullbrants has worked alongside DeSalvio since the pre-opening phase of the casino resort.

The Boston-based firm received the latest round of funding from existing investors Wavecrest Growth Partners, River Cities Capital Funds, MassMutual Ventures and Camber Creek Ventures. The same investment group, led by Wavecrest Growth Partners, provided Building Engines $26.5 million in 2016.

Also part of the 1031 exchange are the soon to-be-completed sales of the Chase at Overlook Ridge and the Alterra at Overlook Ridge in Boston.