Massachusetts
JPMorganChase Leases 250K SF at Hines’ South Station Tower
JPMorganChase said Tuesday it plans to relocate to Hines’ newly constructed South Station Tower beginning in early 2028, consolidating offices… Read more
Largest Office-to-Resi Conversion in Massachusetts Secures Financing
MassDevelopment has partnered with primary lender The Washington Trust Company to provide $51,170,000 in loan financing to OCP Worcester Owner LLC, an… Read more
JV Secures Financing for Core at Crosby Innovation Campus in Bedford
A joint venture between Anchor Line Partners and Alloy Properties has secured financing for The Core at Crosby, a nine-building… Read more
Study: Rent Control Could Cost Massachusetts $300B in Property Values
A rent-control measure that would cap annual rent increases in all cities and towns in Massachusetts at the rate of… Read more
Eastern Bank Lends on Mixed-Income Development in Boston’s Mission Hill
Eastern Bank is serving as lead lender for 775 Huntington Ave., a new mixed-income residential development located in the Mission Hill… Read more
National Development Trades Charlestown Parking Garage
Colliers facilitated the exclusive sale of the Nautica Parking Garage, a 297-space structured parking facility at 88 Constitution Rd. in Boston’s… Read more
Newmark Arranges Sale of Watertown Multi-Specialty Complex
Newmark arranged the $32,150,000 sale of 485 Arsenal St., a flagship medical office complex located just west of Boston/Cambridge in… Read more
Gillette Plans Nearly $1B Technical Innovation Center in South Boston
P&G Gillette said Tuesday it plans to purchase 232 A St. in South Boston as the future home of its… Read more
CBRE Arranges Lab Facility Lease Extensions in Wisconsin
CBRE has arranged two 20-year lease extensions totaling 233,694 square feet for Thermo Fisher Scientific’s PPD clinical research business located… Read more
Stabilized Westborough Flex Sells to Investment Buyer
Greater Boston Commercial Properties, Inc. brokered the sale of 108 Milk St., a 19,172-square-foot mixed-use flex building in Westborough, MA.… Read more
Safehold Ground Lease Facilitates Mixed-Income Somerville Development
Ground-lease REIT Safehold has closed its first deal with Samuels & Associates (S&A) and Mark Development, two Boston-based multifamily developers.… Read more
MassDevelopment Names New Leader in Devens
Michael R. Sweeney will join MassDevelopment later this month as EVP of Devens operations. Sweeney will serve as MassDevelopment’s lead staff person… Read more
$1.2B MBTA Drawbridge Replacement Project Advances
State and Massachusetts Bay Transportation Authority officials gathered with construction union representatives to announce the signing of a project labor… Read more
Small-Bay Industrial Property Garners “Incredible Interest”
Marcus & Millichap finalized the sale of 10 Charlesview Rd., a 9,600-square-foot small-bay industrial property in Hopedale, MA, for $2.05 million. Managing director investments Harrison Klein, along… Read more
Federal Board Recommends Sale of Coast Guard Building on Boston Waterfront
An eight-story waterfront building at 408 Atlantic Ave. on the edge of Boston’s Financial District is one of 11 federal… Read more
Well-Located Neighborhood Strip Center Sells for $11M
Atlantic Capital Partners closed the sale of 18-20 Main St., a fully leased neighborhood strip center located in North Reading,… Read more
Work Apparel Brand Relocates Headquarters to Wilmington, MA Office Park
BRUNT Workwear, a rapidly expanding Massachusetts-based work boot and apparel company, has committed to 56,000 square feet of R&D, warehouse… Read more
JLL IPT Adds Watertown Complex to Healthcare Portfolio
JLL Income Property Trust (JLL IPT) has acquired West Boston Medical Center, a medical outpatient complex located at 485 Arsenal… Read more
MassHousing Provides Financing for Somerville Affordable Project
MassHousing and Just A Start recently closed on financing for 24 Webster Ave. in Union Square in Somerville, which will deliver 43 new,… Read more