Foundation Medicine Signs New Lease to Expand in Cambridge, Mass

Foundation Medicine Inc has signed a new lease for 38,411 square feet of office space at Ten Canal Park in Cambridge, Mass. The lease expires five years after the date…

Columbia Property Trust Targets 14 Properties for Disposition

Atlanta, GA-based Columbia Property Trust, Inc. reported this week that it is targeting 14 assets for disposition during 2015. In January of this year, Columbia Property Trust acquired the 116…

REIT Acquires Owings Corning Industrial Property in NC for $5.5M

Griffin Capital Essential Asset REIT II Inc has acquired a single story Class A industrial property in Concord, NC leased in its entirety to a subsidiary of Owens Corning, Inc….

Tokai Pharmaceuticals Subleases Space at 255 State St in Boston

Tokai Pharmaceuticals, Inc. has entered into a sublease with Boston Private Wealth LLC for 15,981 square feet of office space in Boston, Massachusetts. The sublease is subordinate to a lease…

Charles River Associates Expanding at John Hancock Tower in Boston

Charles River Associates (NASDAQ: CRAI), a consulting services firm headquartered in Boston, has amended its lease with landlord BP Hancock for space in the building commonly known as the John…

WRIT to Sell Country Club Towers in Arlington for $37.8M

Washington Real Estate Investment Trust (WRIT) reported Monday that it has entered into an agreement to sell Country Club Towers, a 227-unit multifamily property located in Arlington, VA. The contract…

Canyon-Johnson JV Seeking Buyer for Block 21 in Austin, TX

CJUF II Stratus Block 21, LLC, a joint venture between Stratus Properties Inc. and Canyon-Johnson Urban Fund II, L.P., has engaged a financial advisor to explore a possible sale of…

Appraisal Puts 131 South Dearborn Tower in Chicago Underwater

The appraised value of the 1.7 million square-foot Citadel Center at 131 South Dearborn in Chicago has dropped to $400 million, below the $472 million in CMBS loans on the…

Vaccinogen Moving HQ to 947-949 Fell St in Baltimore

Vaccinogen, Inc., a cancer immunotherapy development company that named Benjamin S. Carson, MD, Chairman of its Board last summer, has entered into a lease agreement with landlord 1001 Fell Street…

Columbia Property Trust Pays $588M for Three Office Assets

Columbia Property Trust, Inc. has acquired the Spear Street Portfolio, two assets including the 315 Park Avenue South Building in Manhattan, New York, and the 1881 Campus Commons Drive Building…