AXA IM Alts and its Affiliates in one of the Largest Industrial Portfolio Acquisitions of 2020
Representation of AXA IM Alts and its affiliates in one of the largest industrial portfolio acquisitions of 2020. The portfolio consists of 27 assets in Chicago, Houston, Los Angeles, Central New Jersey, Dallas, South Florida, Southern New Jersey and Atlanta. In a significant step in its strategy to grow a U.S. wide logistics platform, AXA IM Alts, on behalf of clients and through a joint venture with Cabot Properties, Inc., acquired the 7,984,000 s/f portfolio for approximately $875 million, through a share purchase of a REIT previously managed by Cabot Properties. Representation included all matters related to property diligence, structuring, joint venture, purchase, financing, tax and environmental considerations of the property, including tax and structuring issues relating to cross-border investments.
Digital Sign Projects
Representation of a national, innovative LED sign company in all aspects of local and state approvals for digital signs at a number of locations in Boston, MA.
Life Science Conversions
Conversion of office buildings to life science use, including 601 Congress in the Seaport and 321 Harrison/1000 Washington in the South End neighborhood of Boston.
Market-Rate and Affordable Residential Projects
Market-rate, mixed-income and affordable residential projects in the Boston neighborhoods of Allston-Brighton, Charlestown, Fenway and Jamaica Plain. These include compliance with Boston’s Inclusionary Development Policy, partnerships between non-profit housing developers, and redevelopment of a public housing community.