Director of Marketing
Office: +1 617 330 8184
160 Federal Street
Boston, MA 02110
Main: +1 617 330 8000
Fax: +1 617 330 8181
Thomas J. Hynes, Jr.
Chief Executive Officer
BOSTON (December 19, 2016) – Colliers International, Boston is pleased to announce the recent hire of industry leader Evan Gallagher as Cambridge Advisor and Director of its Life Sciences team. With more than a decade of commercial real estate brokerage experience and a strong expertise in the Greater Boston life science markets, Gallagher has worked with MIT Lincoln Labs, Vedanta Biosciences, WAVE Life Sciences, Kala Pharmaceuticals and Emulate Bio to name a few. He also further serves the community through his strong support of Camp Jabberwocky in Martha’s Vineyard.
BOSTON (November 28, 2016) – Colliers International, Boston is pleased to announce the signing of a 68,000 square-foot lease with Market 32 by Price Chopper as the grocery anchor at Maynard Crossing in Maynard, MA. Colliers was the exclusive leasing agent for Capital Group Properties’ project. Market 32 by Price Chopper will operate a state-of-the-art supermarket offering an extensive prepared foods section, pharmacy, 8,000 square foot wine, spirits and cheese section, as well as a Starbucks.
Boston, November 18, 2016 – Colliers International has been hired as the exclusive listing agent for
Chestnut Green, a mixed-use campus featuring 107,222 square feet of Class A office space, 40,365 SF of open air retail, and fifty-five Class A apartment units in Foxborough, Massachusetts. The campus will simultaneously be offered as individual assets or as a portfolio package depending upon prospective buyer’s specific interests. Working on behalf of the client, this assignment will be led by Scott Dragos and Doug Jacoby, executive vice presidents of investment sales and Chris Sower, senior vice president of multi-family investment sales along with their respective team members.
Boston, November 14, 2016 – Colliers International announced today that its Boston-based Capital Markets group has arranged $20.7 million in financing for PGA Financial Plaza at MacArthur Center, a four-story, 72,600-square-foot, Class A office building in North Palm Beach, Florida.
Boston, November 11, 2016 – Just as MBTA subway lines, like the Red line to Quincy and the Orange line to Somerville, have proven successful in driving commercial growth in fringe markets, the connectivity that the MBTA Commuter Rail offers to more suburban communities in combination with its increasing ridership in recent years has given developers new territory to explore for opportunities.
Boston, November 10, 2016 – Colliers International announced today that its Boston-based Capital Markets group has arranged $21.9 million in financing for Linea Cambridge, a newly constructed, 67-unit boutique multi-housing community located at 1 Whittemore Avenue in Cambridge, Massachusetts.
BOSTON (November 4, 2016) – Colliers International, Boston is pleased to have facilitated the sale of the Eventide Home campus at 215 Adams Street in Quincy, Mass. for $3.7 million.
Boston – (October 28, 2016) The multi-family investment sales team at Colliers International, Boston has announced the sale of two exclusive Cambridge properties. Located in Central Square and East Cambridge, both areas are traditionally known for their strong biotech presence, an appealing factor for residents who want to live and work in the same neighborhood. While both properties reflect different approaches to multi-housing investments they are great examples of how to enter into Cambridge’s crowded market.
BOSTON, October 20, 2016 – Colliers International, Boston hired industry veteran Peter Montesanto to lead its retail leasing team, and has since added Amelie Lonczak and Ted Lyons to work alongside him.
BOSTON – October 13, 2016 –The Southwest team of Colliers International, Boston has executed 14 leases on behalf of KS Partners, LLC in Dedham, Mass. totaling more than 42,000 square feet.
BOSTON –October 4, 2016 – Colliers International, Boston is pleased to announce the sale of 256 Parker Hill Avenue in Boston’s Mission Hill neighborhood for $9,712,500 or $303,516 per unit. The 32-unit property consists of two garden-level apartment buildings and hosts a mix of studio & two bedroom units with 16 surface parking spaces.
Boston – September 28, 2016 – One of Boston’s most iconic Boston commercial real estate professionals Kevin Phelan, co-chairman of Colliers International, Boston yesterday received the 2016 James Landauer/John White Award from The Counselors of Real Estate® professional association. He formally accepted the honor at the Counselors’ annual convention held at the Four Seasons in Washington D.C. on Tuesday, September 27. The Landauer/White Award annually recognizes an individual who has furthered the ideals of The Counselors of Real Estate®—integrity, competence, community, trust and selflessness.
BOSTON, -- September 23, 2016 – Colliers International, Boston announces the sale of 29-35 Temple Place, currently operating as a 6-story boarding house with 48 rooms plus ground floor and lower level retail space in the heart of Downtown Crossing. Colliers Boston’s Multi-Family Investment Sales team of Chris Sower, Jen Price, Jonathan Bryant, and Maggie Collins represented the seller, Temple Place Development LLC, in successfully transacting a twelve-million dollar sale to Torrington Properties who plans to continue operating the boarding house component and re-lease the well located ground floor retail space.
BOSTON, -- September 23, 2016 – Colliers International, Boston announces the sale of Schoolhouse at Lower Mills, a 62-unit apartment community in Dorchester’s Lower Mills neighborhood. This property is comprised of two attached garden-style apartment buildings. The first building is a converted 1850’s schoolhouse, while the second consists of a recently constructed four-story building with elevator service.
BOSTON, MA, SEPTEMBER 14, 2016 – Colliers International has been hired as the exclusive listing agent for 27-29 Isabella Street, an approximately 23,136 SF redevelopment opportunity in Boston’s Bay Village neighborhood. Currently owned by the Marist Father and operating as priest housing, “The Isabella” boasts 8+ parking spaces, 9’ ceiling heights throughout, and a central elevator. Working on behalf of the client, this assignment will be led by Chris Sower, senior vice president of multi-family investment sales and Scott Dragos, executive vice president of investment sales. The team also will include Jen Price, Jonathan Bryant, and Maggie Collins.
FOXBOROUGH, Mass., August 30, 2016 –On behalf of an affiliate of Lexington Realty Trust (NYSE:LXP), Colliers International, Boston has completed the sale of an approximately 80,000-square-foot office building situated on +/- 18 acres located at 33 Commercial Street in Foxborough. The Colliers brokerage team that executed the sale consisted of Caleb Hudak, P.J. Foster and Steve Woelfel. No other brokers were involved.
BOSTON, MA, August 30, 2016 – The southwest team of Colliers International, Boston, recently assisted Sorriso Technologies, a self care solutions software company, in a 4,900-square-foot headquarter relocation from neighboring building, 40 Nagog Park. A superior building to Sorriso’s current location, 31 Nagog will afford Sorriso – who has previously been recognized as one of the fastest growing private companies – an opportunity to continue growing its brand while remaining in the neighborhood that has supported its development throughout the years. Colliers International’s Stephen Woelfel Jr. and Kevin Brawley represented Sorriso Technologies and Rory Walsh of Newmark Grubb Knight Frank represented the landlord.
BOSTON -- September 15, 2016 - Colliers International, Boston has added Adam Schneier as vice president to the Boston/Cambridge brokerage team and Jason Rexinis as assistant vice president to the firm’s central 128 suburban team. The staffing growth is a strategic business move for Colliers as it looks to grow its market share and expertise in the region.
BOSTON, MA, July 25, 2016 – The Boston Colliers International team of David Goodhue, PJ Foster and Kevin Brawley was instrumental in executing a 7,897 square foot lease with Claris Vision as well as a 2,494 square foot lease with Solar City Corp. at 175 Paramount Drive in Raynham. Colliers also renewed 3,422 square feet with Bureau Veritas North America in the building. Colliers represented the owner of the property, Shearwater Holding Companies, LLC, and has successfully leased 40% of the availability since taking on the assignment 9 months ago. The 27,000 square foot office building is part of the Raynham Woods Commerce Center.
BOURNE, MA, JUNE 30, 2016 – COLLIERS INTERNATIONAL, BOSTON – Colliers International is pleased to announce the sale of 586 Shore Road in Bourne, Massachusetts. Previously owned by the Dexter Southfield School of Brookline, Mass., this 11-acre parcel was sold to a private buyer for use as a family compound. The Colliers team was led by James L. Elcock and included Christopher Sower, David Goodhue, and Kevin Brawley.
BOSTON, MA, June 28, 2016 – The Boston office of Colliers International has been retained by Eversource to list 247 Station Drive, also known as The Summit at Station Drive, a 368,000–SF, Class A office building located in Westwood, Massachusetts. The Colliers team made up of Jim Elcock, David Goodhue and John Hines, will serve as exclusive leasing agents. The property, built for Eversource (formerly NSTAR) and serving as its Massachusetts headquarters since its construction in 2001, has an excess 75,000+ subdividable square feet now available in the building for occupancy as early as October 2016.
BOSTON, MA, June 21, 2016 – COLLIERS INTERNATIONAL, BOSTON – Colliers International has been appointed exclusive site search agent for Conservatory Lab Charter School (CLCS). The assignment entails the search for a two to three acre development site, through an outright site purchase or long-term ground-lease. The land acquisition budget is in the $2M to $3M range. The specifications for the project include a 70,000 square foot academic/performance facility that will include a variety of amenities including a academic and musical performance space, a gymnasium, outdoor play area as well as a parking lot that can accommodate 80 cars.
BOSTON, MA, June 27, 2016 – The Boston brokerage team of Colliers International recently facilitated a new lease for Arup, a global design and consulting firm for the built environment that is relocating its Boston office which has been in place for 17 years. The firm is moving from its 12,577-square-foot space at 955 Massachusetts Avenue in Cambridge to 16,175 square feet at 60 State Street in the Financial District of Boston. Arup is expanding its Boston presence in both capabilities and staff and was seeking a central, urban location that would be more accessible to employees, clients and collaborators. The 60 State Street location, a Class A property, is owned by Oxford Properties.
BOSTON, MA, June 15, 2016 – The Boston Colliers International team of David Goodhue, PJ Foster and Kevin Brawley was instrumental in executing a 7,897 square foot lease with Claris Vision at 175 Paramount Drive in Raynham. Colliers represented the owner of the property, Shearwater Holding Companies, LLC, and has successfully leased 41% of the availability since taking on the assignment 9 months ago. The 27,000 square foot office building is part of the Raynham Woods Commerce Center. Colliers also renewed 3,422 square feet with Bureau Veritas North America in the building.
BOSTON, MA, June 15, 2016 – The Colliers Boston team of Steve Woelfel and Kevin Brawley facilitated the lease of 11,740 square feet at 362 Elm Street, Marlborough for its client, Northeast Building Products.
Boston, June 9, 2016 – The Boston Capital Markets team of Colliers International has successfully completed the sale of 147 Milk Street in Boston, Massachusetts. Working on behalf of an affiliate of Lexington Realty Trust (NYSE: LXP), Colliers secured Multi-Employer Property Trust, advised by Bentall Kennedy, as the buyer of the 52,337 square foot medical office building. The property is fully leased to Atrius Health, parent of Harvard Vanguard Medical Associates, who has occupied the building since 1983.
BOSTON, MA, June 9, 2016 – Colliers International’s multi-family investment sales team has been hired as exclusive listing agent in the sale of Lot 1 at 3521-3529 Washington Street, a fully approved 88-unit mixed-use development site in Jamaica Plain’s Washington Street Corridor. The property provides the opportunity for immediate access, with a fully approved development site and approximately 25,000 SF of retail space, 70% of which is already committed. Colliers’ Multi-Family Investment Sales team is led by Chris Sower and consists of Jen Price, Jonathan Bryant, and Maggie Collins.
BOSTON, MA, May 26, 2016 – Austin Smith of Colliers International's Boston office recently represented the buyer, Taom Heritage of Portland, OR in the sale of 5 Franklin Street in Lawrence, MA. Franklin Hampshire Realty Corp. sold the six-story Mill building with 500,000 square feet and was represented by TA Sullivan Realty. The building is architecturally significant and Taom views the building as a unique opportunity to participate in the revitalization of downtown Lawrence.
BOSTON, MA, May 23, 2016 – The Colliers 128 team, comprised of Jim Elcock, John Carroll III, Bill Lynch, Tim O’Brien, and Lauren Harvey, has been selected to directly lease 1560 Trapelo Road, a 61,000 sf state-of-the-art office building located in Boston’s premier suburban market of Waltham, Ma. The property is owned by an affiliate of The Bulfinch Companies, Inc., a Greater Boston private commercial real estate investment firm with 80 years of market expertise, and previously served as software and technology giant, Autodesk’s, headquarters.
BOSTON, MA, May 12, 2016 – Colliers International has been hired as exclusive listing agent in the sale of 43 Essex Street, an 8,100 SF redevelopment opportunity in Cambridge’s Central Square neighborhood. The property is proximate to Harvard University, MIT, and local employers at Kendall Square.
Boston, May 11, 2016 – The Boston office of Colliers International successfully represented Wheelock Street Capital (Wheelock) and Novaya Real Estate Ventures (Novaya) in the $14,125,000 sale of two flex properties located in Marlborough, MA. The two-property sale is an immediate by-product from the 14-asset portfolio that was previously acquired in March 2016. Purchased by Calare Properties, Inc., the properties total 134,404 square feet and are located at 261 Cedar Hill and 753 Forest Street, respectively. The Colliers International Investment Sales team consisting of Senior Vice Presidents Doug Jacoby and Scott Dragos along with team members Tony Hayes, Tim Mulhall and Dan Hines facilitated this transaction on behalf of Wheelock and Novaya. “This transaction was positive for both parties. The sellers were able to divest two stabilized assets from their recent portfolio purchase and Calare was able to enhance their portfolio with two well leased flex properties.” notes Doug Jacoby, Senior Vice President, Colliers International.
BOSTON, May 4, 2016 – Colliers International announced today the promotion of James (Jim) Elcock to President. In this expanded leadership role, Jim will be responsible for the company’s brokerage operations in the downtown and suburban Boston markets. The appointment is part of the company’s strategy to continue to attract exceptional talent and leverage its full service platform to grow market share.
BOSTON, MA, May 4, 2016 – The southwest team of Colliers International, Boston, has represented landlord, an affiliate of Brookwood Financial Partners, LLC in a string of leasing transactions at Norwood Park South in Norwood, MA. The leases represented a total of 20,769 square feet of office space for five tenants, including Lead Surge, LLC, Shorepoint Capital Partners, LLC, Valuation Research Corporation, The Pointe Group, Inc. and Nautilus Capital, LLC. Stephen Woelfel, Kevin Brawley and PJ Foster of Colliers partnered with Brookwood to swiftly close the transactions.
BOSTON, MA, May 3, 2016 – The Boston office of Colliers International has been selected as leasing agent to represent a portfolio of properties on behalf of The Grossman Companies, the portfolio owner. The assets in the portfolio are comprised of industrial assets that cater to airport needs such as air freight and logistics. The Colliers team of Austin Smith, Greg Klemmer and Dan Driscoll is marketing the property.
BOSTON, MA, May 3, 2016 – Colliers Co-Chairman Kevin Phelan, along with Senior Vice President Stephen Horan and Analyst Patrick Boyle of the Capital Markets team arranged the financing of the Park Square Building with Aareal Capital on behalf of Capital Properties.
BOSTON, MA, April 25, 2016 – The southwest team of Colliers International, Boston, recently assisted Dellbrook /JK Scanlan, a construction management firm, to expand its existing office space to 12,000 square feet at One Adams Place, Quincy, MA. The location offers Dellbrook convenient access to its current construction projects that are located across the state, and an amenity rich location for the company’s employees. Colliers International’s Steve Woelfel and Dave Goodhue facilitated the transaction.
BOSTON, MA, April 25, 2016 – Colliers International, Boston, recently won the listing to sell the one acre parcel at 1900 Commonwealth Avenue in Newton, Ma., that includes abundant parking and a 14,050 square foot brick church, formerly operated as the Parish of the Messiah. The investment opportunity is ideal for an education or religious institution, or as a parcel for redevelopment, and is offered for sale on an unpriced basis. The property is owned by Trinity Parish of Newton Centre. The Colliers team includes James L. Elcock, Chris Sower, Jennifer Price, Maggie Collins, and Tim O'Brien.
BOSTON, MA, APRIL 21, 2016 – COLLIERS INTERNATIONAL, BOSTON – Colliers International has been hired as the exclusive listing agent for The Mill at Hyde Park, a four plus acre site in Hyde Park’s Cleary Square neighborhood. Consisting of four contiguous parcels at the intersection of Business Street and Reservation Road, the property is laid out as an ideal large-scale multifamily development, with conceptual renderings of the property illustrating a potential development as 320 large-scale multifamily units. The site is currently un-permitted and is located in the Hyde Park neighborhood zoning district. The sale also includes a vacant 15,000 SF property located at 101 Business Street.
APRIL 20, 2016 – BOSTON GLOBE, BY THOMAS J. HYNES JR.– "BOSTON WHITHER Goest Thou?" That was the title of the first Boston College Citizen Seminar, in January of 1954, when the city was struggling to reinvent itself after years of depression, post-war flight to the suburbs, a shrinking tax base, and a stagnant economy.
BOSTON, MA, APRIL 14, 2016 – COLLIERS INTERNATIONAL, BOSTON – Colliers International announced today that it has been hired as the exclusive agent in the sale of a mixed-use portfolio of properties located in Boston’s Back Bay neighborhood at 225-227, 254, and 270 Newbury Street.
BOSTON, MA, APRIL 11, 2016 – COLLIERS INTERNATIONAL, BOSTON – Colliers International announced today that it has been hired as agent in the sale of 586 Shore Road on Bourne’s Monument Beach. The approximate 11 acre parcel borders 20 acres of conservation land, also designated as a protected habitat for a rare wildlife species. The site can be sub-divided into 7-11 lots and is located in the R-40 Zoning District of Bourne. The Colliers team includes Jim Elcock, Dave Goodhue, Kevin Brawley and Chris Sower.
BOSTON, MA, April 7, 2016 – The Boston office of Colliers International recently facilitated Air Inc.’s renewal at Forge Park, Franklin, MA. The Colliers South West team involved in the transaction included Stephen Woelfel, Dave Goodhue and PJ Foster.
BOSTON, MA, April 7, 2016 – The Boston office of Colliers International has won the listing for 78 Blanchard Road in Burlington, a five-story Class A office building constructed in 2014, with over 113,000 square feet of office space. The Colliers team made up of Jim Elcock, John Carroll, Matt Perry, and Robert Glor will serve as exclusive leasing agents.
BOSTON, MA, March 28, 2016 – The Boston office of Colliers International is pleased to announce that it has successfully brokered the sale of the 39-acre former 4H property at 466 Chestnut Street at Eliot Street in Ashland, Ma. Colliers Senior Vice President Bob Cronin represented both the seller, Cloverland Properties of Sudbury, Ma., and the buyer, The Green Companies of Newton, Ma. Public records indicate that the sale price for the property was $3,150,000. According to recent press releases, the project at 466 Chestnut Street has been named “ The Lanterns at Warren Woods “ and it has recently been approved for 93 senior-living residential units. Construction will start in the next 60-days.
Boston, March 24, 2016 – The Boston office of Colliers International arranged the sale of the 114,000 square foot office building at 95 Berkeley Street in Boston between the property’s buyers, CIM Group and Center Court Mass, LLC (CCM) and its seller, The Community Builders. Colliers International’s Doug Jacoby and Scott Dragos, both Senior Vice Presidents, represented The Community Builders. The property is prominently situated at the corner of Berkeley and Chandler Streets in Boston’s South End and offers easy accessibility to public transit and a rich amenity base.
BOSTON, MA, March 24, 2016 - Colliers International’s Boston-based capital markets group has closed the $87 million, 10-year interest-only fixed rate refinancing of 200 Forest Street, in Marlborough, Massachusetts. Colliers Senior Vice President Thomas Welch and Associate John Poole arranged the loan with Benefit Street Partners on behalf of Atlantic Management Corporation. Formerly part of the Hewlett Packard campus, 200 Forest Street has been redeveloped by Atlantic Management into a state-of-the art laboratory and technology asset set within Marlborough Hills, a synergistic mixed-use master-planned development.
BOSTON, MA, (March 11, 2016) – Colliers International has been engaged by Madison Properties, to arrange the debt and equity financing for the development of a dual-branded Hilton hotel at 369 Washington Street, Woburn, MA.
BOSTON, MA, March 8, 2016 – Colliers International, Boston- Colliers International has been hired as the sole agent in the sale of 256 Parker Hill Avenue in Boston’s Mission Hill neighborhood. This 32-unit value-add property consists of two (2) garden-level apartment buildings: 256 Parker Hill Avenue and 197 Calumet Street.
BOSTON, MA, March 3, 2016 – Colliers International, Boston - Colliers International announces the sale of Schoolhouse at Lower Mills, a 62-unit apartment community in Dorchester's Lower Mills neighborhood. This property is comprised of two (2) attached garden-style apartment buildings. One building is a converted 1850 schoolhouse, while the second consists of a recently constructed four-story elevatored building.
BOSTON, MA, February 19, 2016 – The Boston Colliers International team of Steve Woelfel, David Goodhue and Caleb Hudak was instrumental in the sale of 910 Washington Street in Dedham and the subsequent lease deal with Greater Boston Urology. Colliers represented Whelan Associates, a successful and superior operator of medical office buildings in Greater Boston, in the purchase. Given that the building had been taken back by the bank (Middlesex Savings Bank), it made for a very complex sale process. Per Woelfel "It was imperative that a person with the experience of Bill Whelan be involved from start to finish."
BOSTON, MA, February 24, 2016 – Colliers International, Boston (Colliers) brokered the $4.8 million sale of 124,132,144 West Street, Waltham, and also facilitated the $6.3 million financing to construct a 10,000 square foot build-to-suit facility for National Grid (previously Boston Gas Company). The lender in the deal is The Washington Trust Company. The project is a joint venture between Ella Properties, LLC and NorthStar Project and Real Estate Services, LLC.
BOSTON, MA (February 23, 2016) – Colliers International is pleased to announce that its Boston-based Capital Markets group has arranged a $45 million refinancing for 3rd Ave, a newly-constructed Class A retail walking street located off Middlesex Turnpike in Burlington, Massachusetts.
BOSTON, MA, February 22, 2016 – Colliers recently negotiated the renewal of a 152,000sf lease at 100 Meadow Street, Boston. Colliers represented HD Supply in this strategic extension of their lease. Austin Smith was the lead negotiator of the transaction. Smith also was the broker who originally brought HD Supply to the building moving them from Norwood to Boston. The property was recently acquired by National Development of Newton.
BOSTON, MA, February 18, 2016 – Colliers International, Boston- The notable investment team of Christopher Sower, Jennifer Price and Maggie Collins will be an integral part of Boston’s Colliers International expanding platform, focusing on and driving multifamily investment sales. Chris Sower has closed $5.25 billion in multifamily sales volume representing 35,603 apartment units over his 15 year real estate career.
BOSTON, MA, February 4, 2016 – Colliers International, Boston locked up 2,644 square feet of space at 6 Kimball Lane in Lynnfield, Massachusetts for TRIAD Engineering, an engineering staffing agency. The Colliers team, led by Tim Brodigan, Greg Klemmer, Rob Glor, and Dan Driscoll has represented the landlord, Atlantic Tambone, since May 2014 and has closed a total of 8,227 square feet at the property since taking on the account.
BOSTON, MA - January 15, 2016 - By Mike Hoban, Yesterday afternoon, during Colliers International's 37th Annual Trends in the Real Estate Market Seminar at the Boston Convention and Exhibition Center, Senior VP Douglas Jacoby prefaced his presentation on the investment sales sector by quipping, "If any of you were here last year and heard me speak, you can check your emails, go for a bathroom break—whatever—because what I am about to say is very similar to last year."
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