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Related Beal announces acquisition of 'The Block on Congress' from Fidelity Investments
Related Beal announced today the acquisition of The Block on Congress from Fidelity Investments by the Related Real Estate Recovery Fund. Related Beal will lead the repositioning and serve as property manager of The Block. The Block on Congress is a five-building portfolio consisting of nearly 343,…, About Related Beal:, Related Beal is a fully-integrated real estate firm focused on development and investment opportunities in Boston and the surrounding region. Related Beal leverages Related Companies’ international real estate platform with expertise across all assets classes and The Beal Companies’ storied local…, About the Related Real Estate Recovery Fund:, The Related Real Estate Recovery Fund closed in January 2012 after raising $825 million in equity commitments – exceeding its $750 million target. It was among the largest U.S. real estate vehicles raised in 2012. Fund investments include diverse properties across the real estate spectrum such as:…, About CBRE/New England:, CB Richard Ellis – N.E. Partners, LP, a joint venture with CBRE Group, Inc. has offices in Massachusetts, Connecticut, Rhode Island, Maine and New Hampshire. Please visit our website at www.cbre-ne.com. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles…
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Related Beal launches Congress Square, the reinvention of an entire city block in Boston’s downtown
Related Beal announced today the launch of Congress Square, formerly known as “The Block on Congress.” Related Beal acquired the properties in 2013 and is repositioning and reinventing the entire city block in the heart of downtown Boston, creating dynamic office space and marquee desirable retail…, About Related Beal:, Related Beal is a fully-integrated real estate firm focused on development and investment opportunities in Boston and the surrounding region. Related Beal leverages Related Companies’ international real estate platform with expertise across all assets classes and The Beal Companies’ storied local…, About Arrowstreet:, Arrowstreet is an integrated design studio that provides architecture, planning, interior design, and environmental graphics services. The firm is located at 10 Post Office Square, with site lines across Congress Street to the Congress Square project. About JLL: JLL (NYSE: JLL) is a professional…, About CBRE/Grossman Retail Advisors, LLC:, CBRE/Grossman Retail Advisors, LLC (CBRE/GRA) is a joint-venture between CB Richard Ellis – N.E. Partners, LP and Grossman Commercial Real Estate Group, Inc. CBRE/GRA was formed in 2009 to create the premier retail service provider for its clients. CBRE/GRA combines the network and resources of the…
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Gloria Molina joins civic, artistic and community leaders to celebrate Grand Park opening, restoration of iconic fountain
Los Angeles County and City leaders joined with civic and business leaders and Los Angeles County residents today to celebrate the official opening of the first two blocks of Grand Park with a civic dedication. The event marks the culmination of 12 years of planning and collaboration championed by…
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Converse announces new global headquarters in the city of Boston
Today, Converse Inc., a subsidiary of NIKE, Inc., announced plans to relocate its world headquarters to Boston, Massachusetts in April 2015. The move to downtown Boston follows an extensive search for a new company headquarters in the greater Boston metropolitan area. The new office space will be…, About Converse, Converse Inc., based in N. Andover, Massachusetts, is a wholly owned subsidiary of NIKE, Inc. Established in 1908, the Converse brand has built a reputation as “America’s Original Sports Company”™ and has been associated with a rich heritage of legendary shoes such as the Chuck Taylor® All Star®…, About Related Companies, Related Companies is one of the most prominent privately-owned real estate firm in the United States. Formed 40 years ago, Related is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and…, About The Beal Companies, Established in Boston in 1888, The Beal Companies is one of the oldest and most respected real estate investment and development firms in the country. Beal invests in real estate on its own behalf, and on behalf of institutional and individual partners. Beal has restored many of Boston’s most…
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Boston University selects Related Beal to reimagine Kenmore Square properties
Boston University (BU) announced today that it has selected Related Beal to reimagine nine buildings spanning the north side of Kenmore Square, from 648 Beacon Street to 541 Commonwealth Avenue and 11-19 Deerfield Street. Related Beal will lead the redevelopment efforts. The buildings are being…, About Related Beal:, Related Beal is a fully integrated real estate firm focused on development and investment opportunities in Boston and the surrounding region. Related Beal leverages a national real estate platform with expertise across all asset classes and storied local experience in life sciences, commercial and…, About Related:, Related Companies is the most prominent privately owned real estate firm in the United States. Formed more than 40 years ago, Related is a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and…, About Boston University: , Founded in 1839, Boston University is an internationally recognized institution of higher education and research. With more than 33,000 students, it is the fourth-largest independent university in the United States. BU consists of 17 schools and colleges, along with a number of multi-disciplinary…
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Related Beal announces partnership with Mass Innovation Labs to build on life sciences legacy at Innovation Square
Related Beal, prominent real estate developer, owner and operator in Boston, today broke ground on a major new addition to Boston’s expanding life sciences cluster in the Raymond L. Flynn Marine Park and announced its first tenant. Mass Innovation Labs, a biotech research accelerator currently…, About Related Beal:, Related Beal is a fully integrated real estate firm focused on development opportunities in Boston and its surrounding areas. Related Beal leverages a national real estate platform with expertise across all asset classes and storied local experience in residential, commercial, hospitality and life…, About Mass Innovation Labs:, Mass Innovation Labs embodies an ecosystem of innovators across the biotech, pharmaceutical and technology industries. With locations emerging throughout the Boston area, we’re providing first-class space for growing companies to have access to comprehensive lab needs, including animal facilities,…
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Related Companies announces the selection of AECOM as construction manager for The Grand
Related Companies today announced the selection of Los Angeles-based AECOM (NYSE:ACM), a premier, fully integrated global infrastructure firm, as construction manager for The Grand, the Frank Gehry-designed, mixed-use development in downtown Los Angeles on Grand Avenue across from The Broad museum…, About Related:, Related Companies is the most prominent privately owned real estate firm in the United States. Formed over 40 years ago, Related is a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales…, About CORE:, CCCG Overseas Real Estate Pte. Ltd. (CORE), founded in Singapore in 2015, is a subsidiary of China Communications Construction Group Ltd. (CCCG). CCCG is a leading global integrated infrastructure service provider with business presences in more than 145 countries, ranking 103rd on the 2017 Fortune…, About AECOM:, AECOM (NYSE:ACM) is built to deliver a better world. We design, build, finance and operate infrastructure assets for governments, businesses and organizations in more than 150 countries. As a fully integrated firm, we connect knowledge and experience across our global network of experts to help…
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Related Companies and Deutsche Bank close on $630 million of construction financing on The Grand
Related Companies today announced the closing of $630 million of construction financing from Deutsche Bank on The Grand, the Frank Gehry-designed, mixed-use development in downtown Los Angeles on Grand Avenue across from The Broad museum and Walt Disney Concert Hall. The Grand, an approximately $1…, About The Grand Avenue Project:, The Grand Avenue Project is a visionary public-private partnership with the Los Angeles Grand Avenue Authority to revitalize downtown LA's cultural and civic core with a mix of commercial, retail, cultural and residential uses stitched together with great public spaces and world-class…, About Related:, Related Companies is the most prominent privately-owned real estate firm in the United States. Formed over 40 years ago, Related is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales…, About CORE:, CCCG Overseas Real Estate Pte. Ltd. (CORE), founded in Singapore in 2015, is a subsidiary of China Communications Construction Group Ltd. (CCCG). CCCG is a leading global integrated infrastructure service provider with business presences in more than 145 countries, ranking 103rd on the 2017 Fortune…, About China Harbour Engineering Company Ltd. (CHEC):, China Harbour Engineering Company Ltd. (CHEC) was established in the 1980s and became a subsidiary of China Communications Construction Company Ltd (CCCC) in 2005. Recently, the CCCC is ranked in Top 100 as Global Fortune 500 Company and in the top five "Top Global Contractors" by…
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