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19Feb
Maric Wraps Up $13.4M Westwood Flex Park Sale Via Boston Realty Advisors
The Real ReporterSuburban Office

By Joe Clements WESTWOOD—Dogged by the lingering recession cloaked over New England’s office landscape beginning in 2008, veteran CRE investor Mark H. Rubin was unable to spin his signature value-add redevelopment magic as planned in buying Southwest Park here nine years ago from Nordblom Co. But while the timing did not favor MARIC Inc.’s plan […]

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10Feb
BRA Expands & Extends Delta Projects to 25,000 SF
Suburban Office

Dedham, MA – Delta Projects has expanded its footprint to just under 25,000 square feet while simultaneously extending its current lease at 118 Allied Drive in Dedham, MA. Five years after relocating from its longtime HQ in Needham, Delta Projects nearly doubled its current square footage in taking an additional 9,000 square feet of office […]

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10Feb
Back Bay Apartment Building Sells for $463,889 per Unit
Banker & Tradesman

An apartment building in Boston’s Back Bay neighborhood has sold for $463,889 per unit. The nine-unit 19 Cumberland St. sold for a total of $4.175 million. The building was purchased by Bonsai Limited LLC. Originally constructed in 1888, the building features five studios, three one-bedroom units and one two-bedroom unit. This Victorian-style building is fully […]

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14Jan
Akelius Buys Cambridge Apartments for $28.5M
Banker & Tradesman

Swedish multifamily investor Akelius US LLC has acquired its sixth multifamily portfolio in Greater Boston and its first in Cambridge. The company on Jan. 7 bought the 68-unit apartment building at 334 Harvard St. between Harvard and Central Squares for $28.5 million, or $419,118 per unit. Boston Realty Advisors’ Christopher Sower, Jen Price and Maggie […]

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12Jan
Swedish Investor Drops $63M in Brighton, Somerville
Banker & Tradesman

Sweden-based Akelius US recently purchased a 190-unit apartment portfolio spread across Brighton and Somerville. The portfolio consists of 89 units in Brighton at 4-8-12 Elko St. and 286-288 Chestnut Hill Ave., and 101 units in Somerville’s Spring Hill neighborhood at 123 Highland Ave. and 136-138 Highland Ave. The buildings were sold on behalf of True […]

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