Developer picked for 16 acres at Fort Point
The Boston Globe — April 25, 2008
Postal Service moves plan to redevelop annex site forward.

James Campbell Reaps $170M in Tower Sale
GlobeSt.com — April 24, 2008
The sale of 50 Milk St. has finally closed, as Spanish investment group Ponte Gadea pays in excess of $170 million for the 21-story, 275,000-sf office tower. The seller is James Campbell Co., a Kapolei, HI-based firm that paid $123 million for the asset, in spring 2005, under its former name, the Estate of James Campbell.

$6.2b shot of growth for Hub insurer
The Boston Globe — April 24, 2008
Liberty Mutual Group said yesterday it will buy the Seattle insurance company Safeco Corp. for $6.2 billion, in the largest acquisition by a Massachusetts company in nearly two years.

Corporate headquarters are overrated, mayor says
The Boston Globe — April 24, 2008
As Boston lost the headquarters of Gillette Co., FleetBoston Financial Corp., John Hancock Financial Services Inc. and others through corporate acquisitions, many saw signs of a local economic decline. If the headquarters went elsewhere, then Boston was becoming a branch office.

MetLife Gets its Tenant in 180,000-SF Renewal
GlobeSt.com — April 23, 2008
Scoring a needed victory after a series of corporate defections, the city’s office market has managed to retain one high-profile company in Camp Dresser & McKee, or CDM. On the verge of splitting into two offices in suburban Boston, the engineering firm has agreed to remain at One Cambridge Place, part of a three-building, 300,000-sf complex owned by MetLife Real Estate Investments.

Downtown condos to be auctioned
The Boston Globe — April 23, 2008
The real estate slowdown has hit Boston's condominium market - well, some areas of the downtown market.

State looks to get in on biotech ground floor
Boston Herald — April 23, 2008
The state of Massachusetts could one day be part-owner of the next Genzyme or Biogen Idec.

T has plan to maintain Back Bay buildings
The Boston Globe — April 21, 2008
The Massachusetts Bay Transportation Authority plans to build a $3 million well system along the Southwest Corridor in an effort to elevate low ground water levels that threaten the structural integrity of Back Bay buildings.

Hub Apartment Rents Rise
Banker & Tradesman — April 21, 2008
Despite the sluggish economy and talk of recession, apartment rents in the Boston metropolitan area climbed 3.3 percent in the first quarter, a new report shows.

CMBS Tide Turning on Tighter Spreads
Commercial/Multifamily Finance News — April 25, 2008
Positive sentiment from Wall Street chief executives, synthetic spreads holding tight and a new deal in the commercial mortgage-backed securities (CMBS) market pipeline are giving a reason for some cautious optimism that the CMBS market could be gaining momentum to attract investors.