Invesco Real Estate Secures Six Leases Totaling 70,000 SF in Downtown Boston

BOSTON REAL ESTATE | June 21, 2017

Boston Invesco Real Estate, a global real estate investment manager, and CBRE/New England today announce the completion of six leases totaling ±70,000 SF at 179 Lincoln on the Greenway in downtown Boston. Power Advocate (22,710 SF, renewal), Smartsheet (19,283 SF, new), XPO Logistics (13,470 SF, new), OUTFRONT Media (7,184 SF, new), E.M. Duggan (5,550 SF, expansion) and AMCS Group (2,687 SF, new) all signed at the building.

“We are pleased with the recent leasing success at 179 Lincoln Street,” added John Kiernan, Asset Management Director for Invesco Real Estate.The building’s location, full complement of amenities and highly efficient floor plates make it an outstanding opportunity for today’s tenants.

Spotlight

Challenging economic conditions, unprecedented capital markets fundamentals, high leverage and the inability to
refinance maturing debt led General Growth Properties ("GGP" or the "Company") and certain subsidiaries to
seek voluntary protection under Chapter 11 of the U.S. Bankruptcy Code in April 2009

Spotlight

Challenging economic conditions, unprecedented capital markets fundamentals, high leverage and the inability to
refinance maturing debt led General Growth Properties ("GGP" or the "Company") and certain subsidiaries to
seek voluntary protection under Chapter 11 of the U.S. Bankruptcy Code in April 2009

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REAL ESTATE ADVICE

Pearson Smith Realty Merges with United Real Estate's National Network

United Real Estate | July 25, 2022

United® Real Estate (United) announced today that Pearson Smith Realty has merged with United's national network. The alliance expands United's and Pearson Smith's service footprint in Metro DC, Maryland, Virginia and West Virginia. The dynamic partnership brings together Pearson Smith Realty, the youngest company ranking among the Top 100 real estate companies in the nation, and United Real Estate, the 7th largest and fastest growing independent real estate operation in the nation. Pearson Smith Realty is a top ten market share leader and an Inc. 5000 fastest-growing company, moving from 17 agents in 2014 to more than 1,000 agents today. The merger increases United's network to more than 21,000 agents in 630 offices globally. "Pearson Smith Realty and United Real Estate share the same agent-centric model where support and culture are at the heart of our operations. By combining our programs, resources and talent, we are creating exciting opportunities for our agents to serve their clients with excellence. Our agents are our stars, and we will continue to work to make them shine in our marketplace," stated Eric Pearson, Chief Executive Officer and Co-Founder of Pearson Smith Realty. "We are thrilled to welcome Pearson Smith Realty and their incredible team of agents, brokers and staff to the United Real Estate organization. From our initial meetings with Eric and Chuck nearly a year ago, to attending and seeing first-hand the energy and excitement of Pearson Smith's agents at their St. Patrick's Day Agent Awards and Recognition celebration, it was apparent that our organizations are culturally aligned and well-positioned for the future with our agents as our North Star," stated Dan Duffy, Chief Executive Officer of United Real Estate Group. "For every ten brokerages we consider investing in, we move forward with less than one. We are really excited to incorporate a number of Pearson Smith Realty's best-in-class offerings into our national agent and broker programs. It is rewarding to see the excitement of Eric and his team as they discover the advantages of being part of United and determine how best to leverage our resources and technology to strengthen their offering in the markets they currently serve." "Eric and his team are a powerful force. They have developed processes and systems we are busily integrating with United's to benefit our national network. When two fast-growing, dominant companies combine their tools, resources, leadership and agent talent, it becomes a catalyst for growth for both. While other companies are shrinking or pulling back on expansion, United continues to make the necessary investments for smart growth into the future. Our alliance greatly strengthens our existing operations along the East Coast," said Rick Haase, President of United Real Estate. Together, Pearson Smith Realty and United's DC Metro Region office will now serve clients in the multi-state region. Pearson Smith Realty will retain its company name and leadership team moving forward, but now with the national reach, referral network, technology and breadth of resources of United's national network. In turn, United benefits from Pearson Smith Realty's deep well of talent and powerful programs that have fueled its growth. "United Real Estate's vision is continuous growth with a focus on adding value for agents and their clients. Welcoming Pearson Smith Realty to our national network strengthens us regionally and nationwide with proven systems and an extended service footprint. I look forward to what the future holds for our agents and clients," said Zhanneta Nekrich, Regional Vice President of United DC Metro Region. "Our model has always been to hire great agents and to support them with the best resources and tools. We firmly believe that our partnership with United Real Estate will take us to the next level in providing that support. We look forward to working with the United Team to help our agents win in this very competitive market," Chuck Smith, Chief Financial Officer and Co-Founder of Pearson Smith Realty The merger with Pearson Smith Realty follows previous mergers with Platinum Realty, Leading Edge Real Estate Group, Texas United Realty, Virtual Properties Realty, Benchmark Realty, Charles Rutenberg Realty Fort Lauderdale and others yet to be announced. About United Real Estate United Real Estate (United) – a division of United Real Estate Group – was founded with the purpose of offering solutions to real estate brokers and agents in the rapidly changing real estate brokerage industry. United provides the latest training, marketing and technology tools to agents and brokers under a flat-fee, transaction-based agent commission model. 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REAL ESTATE INVESTMENT

Evernest Merges with Dodson Property Management and Enters Virginia Market

Evernest | July 01, 2022

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BROKERAGE,HOME AND DESIGN

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HUB International and RESAAS | August 03, 2022

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