Lorraine Terrace Apartments in Allston has sold for $10 million. Thomas Grillo Real Estate Editor- Boston Business Journal Email A Boston-based company that owns more than 1,600 apartments in Greater Boston has purchased the Lorraine Terrace Apartments in Allston for $10 million. Micozzi Continue reading >>>

BOSTON--Colliers International announced that Second Quarter 2012 Greater Boston office and RD markets showed strongest results in five years. Midway through 2012, the markets have already recognized over 2 million square feet of absorption, which is more than double the absorption for calendar year 2011. The 2.3 million square feet of positive absorption recorded in the second quarter represents the single largest quarterly gain in occupancy in five years. Results were positive across most submarkets and the overall office and RD vacancy rate now stands at 17.4%. Although the recovery continues Continue reading >>>

For Immediate Release August 06, 2012 Contact: Jennifer Morneau, TD Bank (207) 761-8762 E-mail: jennifer.morneau@td.com Web Site: http://www.tdbank.com/ Pier-Luca Bruno Joins TD Bank as Vice President, Commercial Loan Officer in Andover, Mass. TD Bank, America's Most Convenient Bank, provides customers with a full range of financial products and services at 1,300 convenient locations from Maine to Florida ANDOVER, Mass. (August 6, 2012) TD Bank, America's Most Convenient Bank, has named Pier-Luca Bruno as Vice President, Commercial Loan Officer in Andover, Mass. Continue reading >>>

BOSTON, MA - The Red Sox Foundation and global electronics giant Funai today announced the fifth year of the Red Sox U.S./Japan Youth Baseball Exchange presented by Funai Electric. The program allows children from Japan and the United States to visit one another's homelands and explore their customs and culture through their shared love of baseball. On July 28, a dozen Japanese youngsters from Kyoto, sister city of Boston, and Chiba, a suburb of Tokyo, travelled with two coaches to Boston for an 11-day stay with six host families in the Greater Boston Continue reading >>>

Although most closing days go off without a hitch, some don't. Here is a partial list of some closing day surprises that I’ve experienced: - movers scheduled for 8am the day of a 10am closing (more common than you think) - sellers decided to stay for two more weeks. They said that moving is stressful and they needed a few weeks to move out. - houses full of trash, furniture, etc. (I once opened a closet and a cat jumped at my face.) - title search reveals problems that need more time to resolve - lenders or closing attorneys couldn’t complete settlement statements on time, which delayed the Continue reading >>>

A new 2,500-square-foot home can easily put you back several hundred thousand within 495 - and well over a million if you have your heart set on one of Greater Boston's tonier suburbs. And the fact that new home construction inside of 495 has struggled along at anemic levels now for decades has only served to further inflate the typical new-home premium. Given that, if you are not already a fan of smaller homes, it pays to become one. At the least, it pays to think a bit about whether you need that spare bedroom or that sprawling home office - Jim in Littleon has a great story on that! Remember, Continue reading >>>

Good morning, here are five things to know today: Greater Boston Sikh Community Condemns Wisconsin Shooting: Members of the Greater Boston Sikh community were condemning a Sunday shooting at a Sikh temple in Wisconsin that left at least seven people dead. At the same time, the local Sikh community was trying to learn more information about the circumstances of the shooting. Darfhan Singh, secretary of a gurdwara—a Sikh place of worship—that recently moved from Somerville to Everett, said members of the Boston Sikh community are "listening to the television and radio" in an attempt Continue reading >>>

Members of the Greater Boston Sikh community who worship in Medford are distressed by the Sunday shooting at a temple in Wisconsin that left seven people, including the gunman, dead. Gurinber Singh, president of Gurudwara Guru Nanak Darbar, a temple at 226 Mystic Avenue in Medford, and a volunteer in the community, said, "We are really shocked at this moment." "We couldn't believe it," he said. Another leader in the Boston Sikh community also expressed shock while condemning the shooting. Worshipers at the Medford temple, or gurdwara (sometimes spelled gurudwara), were in observations from about Continue reading >>>

Members of the Greater Boston Sikh community were condemning a Sunday shooting at a Sikh temple in Wisconsin that left at least seven people dead. At the same time, the local Sikh community was trying to learn more information about the circumstances of the shooting. Darfhan Singh, secretary of a gurdwara—a Sikh place of worship—that recently moved from Somerville to Everett, said members of the Boston Sikh community are "listening to the television and radio" in an attempt to learn more about what happened.  "The investigation is going on," Singh said, cautioning against jumping to conclusions. Although Continue reading >>>

CAMBRIDGE — Matt Miller shapes his schedule around the area’s public transportation infrastructure. He said his system for getting around was nearly perfect, but the influx of bicycle sharing in Cambridge completed it. Cambridge, Somerville, Brookline, and Boston are participating in a “Rolling Launch Party” Wednesday to celebrate the expansion of the Hubway Bicycle Share system. “I ride the bus, I ride the T, and this is like the third ingredient,” said Miller, 39, an assistant dean at Harvard University who purchased an annual membership this spring. “Ever since I got the membership, Continue reading >>>