Boston
Boston Apartment Rent Growth Taps the Brakes
The average cost of renting an apartment in Boston last year rose by the lowest percentage since the city began… Read more
Novaya Picks Up Westford R&D Space Leased to Nokia
CBRE arranged the sale of 1 Robbins Rd., a 298,237-square-foot lab and R&D facility in Westford, MA. The property traded… Read more
Boston’s Planning Agency Okays Tremont Street Apartment Tower
The Boston Planning & Development Agency (BPDA) approved plans for a 350-foot tower on a Tremont Street parking lot, a… Read more
South Shore Marina Trades to Safe Harbor
Colliers International’s Leisure Property Advisors team brokered the sale of Sunset Bay Marina, a full-service marina about five miles by water from downtown… Read more
12 Trends That Are Shaping Commercial Real Estate in 2020
By Paul Bubny Twelve different commercial real estate trends and 12 different voices to express each of them. NKF’s white… Read more
MCR Does First Massachusetts Hotel Deal
New York City-based MCR acquired the SpringHill Suites by Marriott Boston Peabody in Peabody, MA. The property is MCR’s first in Massachusetts.… Read more
Wayfair Cuts 350 Jobs at Copley Place Headquarters
Online furniture and home décor retailer Wayfair, Boston’s fastest-growing tech company, said Thursday it would lay off 550 employees worldwide,… Read more
Report: Commercial Construction Starts Accelerated in Top Metro Areas in 2019
The value of commercial and multifamily construction starts during 2019 in the top 20 metropolitan areas in the U.S. gained… Read more
Newly-Formed REIT Picks Up Offices in Boston Life Sciences Cluster
Newly-formed IQHQ Inc., formerly known as Creative Science Properties, acquired 109 Brookline Ave., a 285,000 square-foot lab and office building… Read more
Biopharma Tenant Signs Up for 40K SF of R&D/Office Space
Eckert & Ziegler Radiopharma signed a 40,000-square-foot lease at 25 Upton Dr. in Wilmington, MA. Lincoln Property Company’s Rob Cronin and Jack… Read more
Marcus Sells Back Bay’s Horticultural Hall to Northeastern U.
Marcus Partners has sold 300 Massachusetts Ave., an architecturally distinctive, 45,000-square-foot, mixed-use property in Boston’s Back Bay, to Northeastern University. Deal terms… Read more
Staples Headquarters Trades in $165M Deal
Office supplies retailer Staples has sold its headquarters campus in Framingham, MA for $165 million. The buyer was reportedly New… Read more
Hamilton Adds to Apartment Portfolio with $60M Woburn Deal
The Hamilton Company recently added to its Boston-area multifamily portfolio with the acquisition of Country Club Garden Apartments in Woburn,… Read more
Bulfinch Strengthens Asset Management with New Hires
Matt DeNoble and Brian McInerney have joined the Bulfinch Companies, as VP, asset management and portfolio manager, respectively. The new… Read more
$61M Awarded on Affordable Projects Across Mass.
State and local officials have announced affordable housing awards for 11 projects across the Commonwealth of Massachusetts, mainly in and… Read more
Architecture Firm Doubles Space in Garment District
E4H Architecture, a national leading health care architecture/design firm, expanded its Garment District offices. The firm signed a full-floor, 10-year lease… Read more
Boston Office Market Fires on All Cylinders
While a few metrics may differ, major brokerage firms broadly agree that the Boston office market is having one of… Read more
Marcus Berry Rejoins TA Realty
Marcus Berry has rejoined TA Realty LLC as partner and head of investor relations. In the newly-created role, Berry will… Read more
Revere Warehouse Trades for $355M on Amazon Lease
The former Necco candy factory in Revere, MA has sold for $355 million to Clarion Partners, less than three years… Read more