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November 18, 2021

Cushman & Wakefield Hires John Barros, Ex-Economic Development Chief Who Ran For Mayor

BioMed Realty's Director of Leasing discusses providing value for tenants in Cambridge's competitive market Dec. 7

Cushman & Wakefield is naming John Barros, the former Boston economic development chief and two-time mayoral candidate, to lead its New England market activities.

Cushman & Wakefield Hires John Barros, Ex-Economic Development Chief Who Ran For Mayor

Barros will be the firm’s managing principal of Boston beginning Nov. 29, Cushman & Wakefield said in a statement Wednesday afternoon. The son of Cape Verdean immigrants, he’ll be the first person of color to run a major brokerage in Boston, The Boston Globe reported.“I am thrilled to…

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Clarion Partners To Pay Biopharma $2M To Vacate 65K SF Watertown HQ

A Watertown landlord has agreed to pay its biopharmaceutical tenant $2M to vacate its headquarters by the end of the year as long as the landlord completes a new lease deal, public filings show. 

Clarion Partners To Pay Biopharma $2M To Vacate 65K SF Watertown HQ

Commercial eye medicine developer Kala Pharmaceuticals entered an agreement with landlord Clarion Partners to vacate its 66K SF space at 490 Arsenal Way four years early, according to Securities and Exchange Commission filings. The mutual agreement is pending Clarion Partners’ new lease agreement with C4 Therapeutics, a biotechnology…

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Outshine, Jadian Capital Spend $93M On Suburban Life Sciences Assets

Outshine, Jadian Capital Spend $93M On Suburban Life Sciences Assets  

Two New York-based firms are betting on the thriving suburban life sciences market, purchasing a MetroWest four-building portfolio for $93M.

Outshine Properties and Jadian Capital bought 9/90 Corporate Center in Framingham, which includes four buildings totaling more than 400K SF, from National Development. The campus is more than 80% leased…

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CRE Brokers Feel 'More Hope In The Air' As New Challenges Set In

After nearly two years of frozen deals, delayed decisions and gun-shy buyers and sellers, many of the nation's brokers are brimming with renewed optimism — but they are facing new uncertainties and challenges as leasing and sales markets recover.

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Flush With Cash And Skittish Over Stocks, Retail Investors Are Piling Into Crowdfunding

 

For 38 years, Jamestown has raised equity from high net worth German investors to fund its $35B of commercial real estate transactions, including the iconic redevelopments of Ponce City Market in Atlanta and Chelsea Market in New York.

But in 2019, Jamestown did something new: It started a fund designed to draw investments from Americans outside the top 1% who want fractional ownership in a real estate project — specifically, the company’s redevelopment of a former dairy plant across the street from PCM, a 2.1M SF former Sears warehouse Jamestown turned into creative offices over a popular food hall.

“People want to do their own thing,” Jamestown CEO Matt Bronfman told Bisnow. “They don't need an expert. They would rather control and make their own decisions. At the end of the day in real estate … you can point to it and say, ‘I own a piece of that building.’”

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