Ex-BRA chief's firm buys East Boston site
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JPI Inc., the Texas-based apartments company run locally by former Boston Redevelopment Authority director Thomas N. O'Brien, has agreed to buy the long-dormant East Boston development site Clippership Wharf for $17 million.
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Tishman Speyer Properties signed a contract Sunday night to buy the current home of The New York Times Company in Times Square for $175 million and convert it to an office building.
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The owner of the Billerica Mall, F.B. Billerica Realty Investors LLC, filed new plans on July 2 for construction of a Home Depot store at the Boston Road location, and a reconfiguration of the mall footprint that would eliminate the Burlington Coat Factory store and make room for a few new retailers.
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The New York Times Co. , owner of The Boston Globe, said it will buy a 49 percent stake in Metro Boston, the free newspaper distributed to commuters.
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The landmark Hecht Co. distribution center in Northeast Washington has been bought by a Philadelphia developer who plans to incorporate the historic structure into a new retail hub off New York Avenue.
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By The Bellingham Herald, Wash.  Mar. 6--A major Bellingham shopping center was recently sold by one limited liability firm to another.
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Children's Hospital, which is bursting out of its Longwood Avenue campus, has purchased Sterling Medical Center in Waltham -- the former Waltham Hospital -- for $53 million in cash from its unrestricted endowment.
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The 322-room Tremont Boston was sold to Highland Hospitality Corp., a Virginia-based real estate investment trust that purchased the hotel along with three others for $227 million from Wyndham International Inc.
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The Mayo Group of Roxbury is expected to purchase 51 Sleeper St. in South Boston, a vacant eight-story building owned by Frank H. McCourt Jr. McCourt, who owns the Los Angeles Dodgers baseball team, defaulted on a $22.5 million loan on the property this year. A group of investors sold the loan to Mayo Group for about $17 million, and ...
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Health Care REIT will acquire Windrose Medical Properties.
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The Boston Redevelopment Authority yesterday approved a $75 million expansion plan for WGBH's headquarters in Brighton and a waterfront residential project in East Boston.
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Banknorth branches across New England will become TD Banknorth under an agreement yesterday that gives Canada's TD Bank Financial Group a controlling stake in New England's largest independent bank.
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One Beacon Street, one of Boston's earliest prominent office towers, was sold yesterday for about $340 million, the third time in two years a sale had been in the works for the 34-story building.
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Chad Gifford, the influential Boston banker who sold FleetBoston Financial Corp. to Bank of America Corp. this year, will receive more than $16 million in severance pay when he retires in January, as well as access to a company jet and the right to purchase from the bank four tickets to 15 Red Sox games of his choice per year ...
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Home builder Lennar Corp. of Florida, which made an unsuccessful attempt to buy the 21-acre Fan Pier development site on the South Boston Waterfront, is teaming with Leggat McCall Properties LLC of Boston to consider making another bid. The land, owned by a company controlled by the Chicago-based Pritzker family, is still on the market after a second prospective team, ...
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One of Boston's oldest and largest law firms, Ropes &amp; Gray, is acquiring the New York intellectual property firm Fish &amp; Neave, joining what is shaping up to be a record number of consolidations in the legal community in 2004.
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Riley Property Holdings LLC, a new company majority owned by affiliates of New York-based investment firm Cerberus Capital Management LP, agreed to purchase LNR Property Corp.