Office Building Purchase, Boston Suburb

Our client closed on the purchase of office buildings consisting of a 17,000 square foot building and a 5,000 square foot building in a Boston suburb which includes a lease with the Commonwealth of Massachusetts through its Division of Capital Asset Management and Maintenance (DCAMM).

On behalf of our client, we negotiated the purchase agreement, reviewed due diligence matters, including leases, title, survey and zoning matters, negotiated loan documents with a regional lender, organized the owner entity which included limited partners, and issued title insurance policies to the owner and lender.

David J. Murphy and Brian T. Cronin represented the buyer on this transaction.

News & Insights

The Real Estate Cycle: Where We Are and What It Means

February 21, 2026 | Author:  David J. Murphy The Four Phases Commercial real estate moves through four generally recognized phases: recovery, expansion, hypersupply, and recession. JPMorgan Chase provides a useful overview of this framework (jpmorgan.com). During recovery, occupancy improves from its low point, but new...

Commercial Real Estate Sentiment Steady in Q1 2026 as Debt Availability Improves

February 20, 2026 | Author:  David J. Murphy The Real Estate Roundtable released its Q1 2026 Sentiment Index on February 20 (full report at rer.org). The overall index registered 66, down one point from the prior quarter. Senior CRE executives describe a market in the...

Preferred Equity Investment in a 188-Unit Multifamily Acquisition in Covington, Georgia

February 18, 2026-Murphy PC represented a Boston-based preferred equity investor who partnered with a sponsor in the acquisition of a 188-unit apartment community on 16.78 acres in Covington, Georgia. The transaction included the assignment and assumption of an existing Fannie Mae loan. Murphy PC negotiated...