News + Press

BOSTON — In terms of usual suspects for buying commercial real estate in the Back Bay, the principals of Novaya Real Estate Ventures and UrbanMeritage would certainly qualify, having assembled a portfolio of assets that yielded $225 million in 2011 and now regrouping in a partnership to pursue even more properties concentrated in the Newbury…

A 19,000-square-foot, mixed-use building at 8 Newbury St., near the Public Garden, has sold for $15.2 million. Investment firm UrbanMeritage, in partnership with Novaya Real Estate Ventures and L&B Realty, were the purchasers.

A Boston real estate investor has snapped up an office park in Chelmsford for $23.5 million. Novaya Real Estate Ventures purchased One and Two Executive Drive from an affiliate of RREEF Real Estate.

(Boston)- Novaya Real Estate Ventures and Cresset Group announced a joint venture purchase of 120 Water Street in the Financial District. The asset was purchased in a 50-50 joint venture and was 100% occupied under long-term leases at the time of closing. “120 Water Street is a classic “jewel box” asset in a great location…

A pair of office and research & development buildings at 10 & 55 Technology Drive in Lowell, Mass., have been sold to Novaya Real Estate Ventures for $10.5 million.