Home

News

News Archive

News

Redeveloper Seeks Niche in Boston
January 10, 2005 — Redeveloper Cresset Partners is taking an unusual approach to capitalize on the booming market for residential condominiums in Boston.

Seeking 'affordable luxury'
January 3, 2006 — Demand for under-$500,000 condos stays strong as high-end market softens
DEVELOPING TREND
March 19, 2004 — Continuing a downtown trend that has bedrooms and kitchens replacing copying machines and cubicles, a pair of Leather District office buildings known as Lincoln Plaza yesterday were sold to Cresset Group for residential development.
New Lincoln Plaza Residences Promise Affordable Luxury
December 12, 2005 — Boston's Leather district has attracted condominium developers in droves over the past few years, and now the Lincoln Plaza Residences, currently under construction, are attracting attention.
Historic Jimmy's Harborside to close for renovation
December 15, 2005 — Jimmy's Harborside Restaurant and the Massachusetts Port Authority have reached an agreement allowing the state to redevelop the Boston Fish Pier and for the restaurant to eventually reopen on the water. The famed restaurant will close by the end of the month, according to owner Jimmy Doulos.
As waterfront develops, Jimmy's jockeys to keep position
January 17, 2006 — James Doulos admitted it was a challenge keeping an 81-year-old restaurant sexy amid the growing competition. That's why Jimmy's Harborside, which closed New Year's Eve, will have a shot at being front and center of attention when it reopens in new digs next year.
Waltham office bldg. sold for $11.5M
September 10, 2003 — CB Richard Ellis/Whittier Partners announced Wednesday that it has negotiated the sale of 265 Winter St. in Waltham, an 89,497-rentable-square-foot office building, for $11.5 million to a partnership led by the Cresset Group, along with partners Hennessey Enterprises and Rye Development.
A banner year for boutique hotels in some unlikely Boston locales
December 24, 2004 — This was a banner year for boutique-style hotel openings in some unlikely places in Boston.
IN DEPTH: REAL ESTATE & DEVELOPMENT
May 28, 2004 — After being returned to its lender, the failing Lincoln Plaza office complex near South Station was purchased from Washington Mutual Bank by the Cresset Group. The two-building office complex was bought for $27 million and with a portion of the buildings being converted into residential use.
Deals put Cushman on $2B sales pace
October 8, 2004 — With two transactions worth $600 million set to close in 30 days, the investment sales team at Cushman & Wakefield of Massachusetts Inc. is on pace to close nearly $2 billion in sales deals by year end -- leading the pack among Boston's commercial real estate firms.
Steakhouse stampede
October 1, 2004 — National chains arrive in Boston to beef up the local competition
Bulfinch Hotel sold for $19.6M
December 16, 2005 — The 80-room Bulfinch Hotel in Boston's North Station area sold to Innkeepers USA Trust for $19.6 million, according to a release Wednesday.
Room to grow: Hotel projects heating up for 2005
January 7, 2005 — Contractors looking for work in the new year might want to aim their sights on the hotel market, which is showing signs of life for the first time in at least three years.
Inn flux
January 21, 2005 — From former jails to old storage facilities, builders are finding new hotels -- and development challenges -- in the darndest places
SoWa? EaBo? Boston plays name game
September 5, 2005 — In city's hot condo market, realtors look for an edge



E-mail Cresset