Newsletter : Spring 2018

Notable Deals

OUR URBAN ADVISORY GROUP is off to a strong first quarter closing over 20,000 SF of transactions including: • Cambridge Semantics – 7,500 SF at WeWork’s Space at One Beacon (Financial District) • Vicente Sederberg – 6,459 SF at 2 Seaport Lane (Seaport) • Mass Insight – 4,646 SF at 69 Canal Street (North Station) • Mothers for Justice – 2,386 SF at 2201 Washington Street (Dudley Square) THE URBAN ADVISORY GROUP and WAVERLEY OAKS PARK LEASING TEAM joined forces to complete a 23,000 SF lease for Mighty Squirrel Brewing’s new brewery & tap room at Waverley Oaks Park. STEVE JAMES, LEEANNE RIZZO & PAT GRADY completed a 12,000 SF deal for Duffy Properties at Waverley Oaks Park. Google- backed robotics firm Veo Robotics is relocating from Cambridge to 411 Waverley Oaks Road. After selling their property in Brockton for $2.6 million, SOUTH TEAM MEMBERS OVAR OSVOLD, CATHY MINNERLY, AND SEAN HANNIGAN assisted seller Micro Wire products in a relocation to 18,000 SF at 5 Mear Road in Holbrook. Additionally, in the South market, LEEANNE RIZZO & NED HALLORAN represented Medrobotics in a 20,000 SF lease at 220 Paramount Drive in Raynham, MA. The Capital Markets Team began the year closing $59 million in sales. Some of the highlights include: • DAVID ROSS completed the $20 million sale of 49-multifamily units at Phillips Park in Wellesley, MA • BOB TITO partnered with the NAI Seattle affiliate for a $14 million sale of a 41,405 SF Class A office building in Kirkland Washington; and with GINA BARROSO sold a 38-unit, beachfront apartment complex in Winthrop, MA for $5.2 million; and a 40,000 SF mixed- used building at 40 Warren Street in Charlestown for $7.3 million. • CARL CHRISTIE & DAN MCGEE sold a 2-building apartment portfolio in Lowell for $7.2M and a 10-unit brownstone in Boston’s south end for $4.3 million New Assignments Urban Advisory Group: • 123 North Washington Street, Boston – 6,713 SF office (North Station) • 300 Summer Street, Boston – 2,000 SF office (Seaport) • 300 Ocean Avenue, Revere – 25,580 SF office North Team: • 270 Billerica Road, Chelmsford – 30,000 SF office • 36 Upton Drive, Wilmington – 36,000 SF flex (build to suit) • 23, 27, 29, 31 Draper Street, Woburn – 123,000 SF office/industrial • 700 & 900 Technology Park, Billerica – 10,070 SF office South Team: • 605 Myles Standish Boulevard, Taunton – 72,000 SF office/warehouse • 1010 W Chestnut Street, Brockton – 18,300 SF office/warehouse

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New Properties Under Management PORTFOLIO NOW 7 MILLION SF CITY OF BOSTON Bruce C. Bolling Municipal Building - Boston (Dudley Square) 197,000 SF Office Building • Retained for another three years as the property manager 1580 VFW PARKWAY West Roxbury 100,000 SF Retail Building

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RealTalkCRE with Liz Berthelette

Our Research Director Liz Berthelette has started a podcast, RealTalkCRE…Where CRE gets REAL . Liz’s show takes a new look at the commercial real estate industry with thought-provoking, cutting-edge content through fresh insights and candid conversations. The first edition of Real Talk aired on March 22, and monthly episodes are now in the works. You can listen to the first episode here and follow the podcast on Twitter at @RealTalkCRE.