Newmark facilitated the sale of 359 Allston St., a life science property in the East Cambridge submarket of Cambridge, MA. A team of Robert Griffin, Edward Maher, Matthew Pullen, James Tribble, Samantha Hallowell and William Sleeper, in conjunction with Joseph Alvarado and Casey Valente, represented the undisclosed…
High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, has broken ground on the Residences at Perimeter Summit. The seven-story, 350-unit mid-rise multifamily community is located in Brookhaven, Georgia. HSR paid $11.5 million for the property at 1251…
Franklin Street’s Retail Services team has been selected to lead leasing for The Promenade at Town Center, a 230,000-square-foot mixed-use development in Palm Coast, Florida. The development includes 204 residential units and 57,000 square feet of commercial space, targeting a…
Boston-based King Street Properties has acquired the Esplanade, a 241,963-square-foot, multi-building life science campus in San Diego’s popular University City / University Towne Centre (UTC) submarket. The transaction for three of the buildings, including 4755 Nexus Center Dr., 4757 Nexus Center Dr. and…
GFP Real Estate, LLC has signed four new office leases totaling 15,400 square feet at 40 Worth St. in TriBeCa. The new leases bring the historic office building to 100% leased. Roy Lapidus of GFP Real Estate represented ownership in all four leases. The leases…
Harrison Street has announced the $893 million sale of 14 student housing assets to affiliates of The Scion Group and a major institutional investor. The portfolio includes assets at 13 universities and 11 states across the U.S., and comprises 8,724…
Harrison Street has sold three senior living properties, Clarendale of St. Peters, Clarendale of Chandler and Clarendale at Indian Lake, to Inland Real Estate Group. Chicago-based Harrison Street developed the three high-end senior living communities located in St. Peters, MO;…
Franklin Street Properties Corp. REIT sold Pershing Park Plaza for $34 million, a loss of more than $11 million. In 2016, Franklin Street bought the 160,000-square-foot building for $45.5 million. 28th Street Ventures was the buyer. Will Yowell, Ryan Reethof,…
King Street Properties said its first building at The Landing in the mid-Peninsula town of Burlingame is substantially complete and has opened its marketing center for prospective life science tenants. The seven-story, 300,000 square-foot 1699 Bayshore anchors the 4.5-acre campus, devised…
Harrison Street has acquired five senior living properties in a joint venture with Brightview Senior Living. The transaction reinforces the partnership’s commitment to deliver premier senior housing to the growing pools of demand in strategic, high barrier-to-entry micro-markets throughout the…
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