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Massachusetts

275-Wyman-St.-Waltham
Leasing ActivityMassachusettsNortheastOffice

Commonwealth Financial Network Signs 151,765 SF Office Lease in Waltham, Massachusetts

by Taylor Williams

WALTHAM, MASS. — Commonwealth Financial Network has signed a 151,765-square-foot office lease in Waltham, a western suburb of Boston. The provider of comprehensive services to the financial advisory community is taking space at 275 Wyman Street, a five-story, 300,000-square-foot building that is part of a larger 2.2 million-square-foot campus. CBRE represented the landlord, Hobbs Brook Real Estate, in the lease negotiations. Newmark represented the tenant, which plans to take occupancy of its new space in the first quarter of 2026.

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215-First-St.-Cambridge
AcquisitionsLife SciencesMassachusettsNortheast

Newmark Negotiates Sale of Three Cambridge Life Sciences Facilities Totaling 552,543 SF

by Taylor Williams

CAMBRIDGE, MASS. — Newmark has negotiated the sale of three life sciences facilities totaling 552,543 square feet in Cambridge, located across the Charles River from Boston. The facilities are located at 215 First St., 150 Second St. and 11 Hurley St. in the Kendall Square submarket. Robert Griffin, Edward Maher, Matthew Pullen, James Tribble, Samantha Hallowell and William Sleeper of Newmark represented the seller and procured the buyer, both of which requested anonymity, in the transaction. Newmark’s Grady Zink provided financial analysis support for the transaction.

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AcquisitionsMassachusettsNortheastRetail

Marcus & Millichap Brokers $7.9M Sale of Three Retail Buildings in Massachusetts, New Hampshire

by Taylor Williams

BOSTON — Marcus & Millichap has brokered the $7.9 million sale of three retail buildings totaling 20,924 square feet in Massachusetts and New Hampshire that are leased to automotive services provider Town Fair Tire. The Massachusetts buildings are located in Billerica and Brockton, and the New Hampshire property is located in Nashua. Jim Koury and Alex Quinn of Marcus & Millichap represented the seller, Orion Buying Corp., in the deal. Ryan Wilmer, also with Marcus & Millichap, procured the buyer of the Massachusetts buildings. Robert Rohrer Jr. of Colliers represented the buyer of the New Hampshire asset.

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Residences-at-Crosspoint-Lowell
AcquisitionsMassachusettsMultifamilyNortheast

CBRE Brokers Sale of 240-Unit Residences at Crosspoint Apartments in Metro Boston

by Taylor Williams

LOWELL, MASS. — CBRE has brokered the sale of Residences at Crosspoint, a 240-unit apartment complex located in the northern Boston suburb of Lowell. Completed in 2020, the six-story building offers studio, one- and two-bedroom units with an average size of 863 square feet. Amenities include a clubroom, fitness center and a business center. Simon Butler, Biria St. John, John McLaughlin and Brian Bowler represented the seller, a partnership created and operated by SMC Management Corp., in the transaction. The team also procured the buyer, an affiliate of New York City-based Osso Capital.

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10-Liberty -Square-12-Post-Office-Square
AcquisitionsMassachusettsNortheastOffice

Edge Property Buys 49,275 SF Office Complex in Downtown Boston

by Taylor Williams

BOSTON — Edge Property has purchased a 49,275-square-foot office complex in downtown Boston. Known as 10 Liberty Square and 12 Post Office Square, the property was 53 percent leased to 10 office and retail tenants at the time of sale. Robert Griffin, Edward Maher, Matthew Pullen, James Tribble, Samantha Hallowell and William Sleeper of Newmark represented the undisclosed seller in the transaction. The quintet also collaborated with Newmark’s Michael Byrne, Thomas Greeley, Devlin Man, Casey Griffin, Joseph Alvarado and Casey Valente to procure the buyer.

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Marq-at-The-Pinehills-Plymouth
AcquisitionsMassachusettsMultifamilyNortheast

Joint Venture Sells 220-Unit Apartment Complex in Plymouth, Massachusetts

by Taylor Williams

PLYMOUTH, MASS. — A joint venture between Alliance Realty Partners and an undisclosed institutional investor has sold Marq at The Pinehills, a 220-unit apartment complex in Plymouth, located south of Boston. Built on seven acres in 2016 within the 3,200-acre Pinehills master-planned development, the property offers one- and two-bedroom units with an average size of just over 1,000 square feet. Amenities include a clubroom, outdoor heated pool with a sundeck, fitness center and coworking space. Simon Butler, Biria St. John, John McLaughlin and Brian Bowler of CBRE represented the joint venture in the transaction. The buyer and sales price were not disclosed.

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AcquisitionsMassachusettsNortheastRetail

Atlantic Capital Partners Negotiates $21.2M Sale of Metro Boston Shopping Center

by Taylor Williams

ASHLAND, MASS. — Regional brokerage firm Atlantic Capital Partners has negotiated the $21.2 million sale of a 99,601-square-foot shopping center located in the western Boston suburb of Ashland. Shaw’s Supermarket anchors the center, which was 94 percent leased at the time of sale. Justin Smith, Chris Peterson, Sam Koonce and Danielle Donovan of Atlantic Capital Partners represented the seller and procured the buyer in the transaction. Both parties requested anonymity.

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AcquisitionsMassachusettsNortheastOfficeRetail

Atlantic Capital Partners Negotiates $15.4M Sale of Massachusetts Retail, Office Portfolio

by Taylor Williams

BOSTON — Locally based brokerage firm Atlantic Capital Partners has negotiated the $15.4 million sale of The Trapelo Portfolio, a collection of four retail properties and one office building totaling roughly 70,000 square feet in Massachusetts. The retail component of the portfolio includes Duxbury Plaza, a 44,014-square-foot, grocery-anchored shopping center located south of Boston, as well as three freestanding buildings in Billerica, Burlington and Shrewsbury that are leased to the United States Postal Service. Justin Smith, Chris Peterson, Sam Koonce, Mary Powers and Matt Ericson of Atlantic Capital Partners represented the buyer and seller, both of which requested anonymity, in the transaction.

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HospitalityLoansMassachusettsNortheast

Tremont Realty Capital Provides $45M Acquisition Loan for Downtown Boston Hotel

by Taylor Williams

BOSTON — Tremont Realty Capital, a division of locally based investment firm RMR Group, has provided a $45 million bridge loan for the acquisition of the 178-room Club Quarters Hotel in Boston. The hotel is located at 161 Devonshire St. in the downtown area and offers a mix of traditional guestrooms and suites, as well as meeting and event space and onsite dining options. JLL arranged the loan, which carries a floating interest rate and a three-year initial term with two one-year extension options, on behalf of the borrower, an entity doing business as Arch & Devonshire LLC.

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Matrix-Hudson
AcquisitionsMassachusettsMultifamilyNortheast

CBRE Brokers Sale of 176-Unit Apartment Complex in Hudson, Massachusetts

by Taylor Williams

HUDSON, MASS. — CBRE has brokered the sale of a 176-unit apartment complex in Hudson, a western suburb of Boston. Matrix Hudson is a five-building property that was completed in 2017. Units come in one- and two-bedroom floor plans and feature an average size of 1,006 square feet. Amenities include a clubroom, fitness center and a business center. Simon Butler, Biria St. John, John McLaughlin and Brian Bowler of CBRE represented the seller, an affiliate of The Claremont Cos., in the transaction. The team also procured the buyer, a fund backed by Zurich Alternative Asset Management.

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